Global e-waste market to hit $11 billion by 2009
According to a soon-to-be-released
report RE-128 Electronic Waste Recovery Business from Business
Communications Company, Inc. the worldwide market for electronic
waste will rise at an AAGR (average annual growth rate) of 8.8%
from $7.2 billion in 2004 to $11 billion in 2009.
The recycled plastics sector
will register the fastest revenue growth, or a 10.2% AAGR, as
demand increases for high value engineered plastics. By 2009,
a greater percentage of these plastics will be reaching the waste
Growth in metals mined from end
of life electronic waste will continue to outpace the broader
recycled metals market, growing at an AAGR of 8.1%. The market
for recycled glass continues to be stagnant with low value attached
to recycled glass. Glass cullets sold into the marketplace will
continue to command modest prices. However, the market demand
is strong and growing for recovered cathode ray tube feedstock
reused in new CRTs. This higher value glass-to-glass recycling
will help drive an AAGR of 7.5%.
Overall, the market for post-consumer
recycled materials from electronics will be strong over the next
five years. The largest driver of growth will be the regulatory-driven
onus on OEMs to manage hazardous waste materials from cradle-to-grave.
This lifecycle begins with designing for the environment and in
certain regions of the world now requires OEMS to finance all
recovery costs of electronics products and their constituent materials.
The need to rapidly curb toxins
in the waste stream is apparent as electronic waste grows at three
times the rate of other waste in the municipal solid waste stream.
E-waste has been mounting rapidly
with the rise of the information society. It is the fastest growing
segment of the municipal solid waste stream. E-waste equals 1%
of solid waste on average in developed countries and is expected
to grow to 2% by 2010.
In developing countries, E-waste
as a percentage of solid waste can range from 0.01% to 1%. However,
led by China, developing countries will be the fastest growing
segment of the E-waste market with the potential to triple output
over the next five years.
Electric and electronic equipment
equals 6% of the U.S. gross domestic product, up from 5%, 10 years
ago. Yet that growth is easily eclipsed by that of China’s
where the gross domestic product is growing in excess of 8% a
year - versus 3% for the U.S.
At the same time, the rate of
obsolescence of electronic equipment is rising. globally, computer
sales continue to grow at 10% plus rates annually. Sales of DVD
players are doubling year over year. Yet the lifecycle of these
products are shortening, shrinking to 10 years for a television
set to 2 or 3 years for a computer.
and governments have not kept pace with electronic waste policy
and practice. As a result, a high percentage of electronics are
ending up in the waste stream releasing dangerous toxins into
For a copy of the full RE-128
Electronic Waste Recovery Business Report, visit www.bccresearch.com.
—Reprinted with permission
from Business Communications Company Inc.