(Electronic Waste, E-waste, E-scrap, Waste Electrical and Electronic Equipment (WEEE)) Disposal and Management: Recycling Business Ideas and Investment Opportunities
E-waste is electrical and electronic equipment of any kind that has been discarded. This includes practically anything powered by an electrical source (e.g., from a power socket or a battery). Common types of e-waste include the following:-
Infocomm technology (ICT) equipment, such as desktop, laptop and tablet computers, mobile phones, computer and mobile phone batteries, peripherals and accessories such as keyboards, modems, monitors, computer mice, docking stations, hard disk drives, printed circuit boards, battery chargers, etc.
Home appliances, such as TVs, fridges, air conditioners, washing machines, rice cookers, microwave and toaster ovens, electric kettles, food processors and blenders, electric fans, DVD/video/music players, radios, hi-fis, vacuum cleaners, etc.
Other types of e-waste include lamps & lighting, electronic toys, batteries, sports and leisure equipment, etc.
Why Recycle E-Waste?
· Recycling e-waste protects human and environmental health. Improper disposal of e-waste leads to environmental pollution and this may in turn harm human health. The best way to treat e-waste is to recycle it properly. E-waste comprises many different components and requires specialised equipment to dismantle, shred, process and extract the constituent materials that can then be turned into new products. This has to be performed within a controlled system to prevent pollution and ensure workplace safety and health.
· Recycling e-waste also helps to conserves our earth’s precious natural resources. Recycled material is used to make new products. This reduces the need to mine virgin raw materials from the earth, which are limited in supply. Reducing the need for mining also lowers pollution, as the process of mining has an impact on our environment.
· Increased regulation and a better understanding of the environment dictate that many materials in e-waste simply can’t be tossed in a landfill. In fact state law requires the safe disposal of e-waste because these products contain hazardous elements that can cause real and lasting damage to our natural environment and public health.
E–Waste Recycling Plant
Electronic wastes, "e-waste", "e-scrap", or "Waste Electrical and Electronic Equipment" ("WEEE") is a description of surplus, obsolete, broken or discarded electrical or electronic devices. Technically, electronic "waste" is the component which is dumped or disposed or discarded rather than recycled, including residue from reuse and recycling operations….Read more
Good Future Prospects for E-WASTE RECYCLING PLANT (Electronic Waste, E-Waste, E-Scrap, or Waste Electrical and Electronic Equipment (WEEE))
Electronic waste, e-waste, e-scrap, or Waste Electrical and Electronic Equipment (WEEE) is a loose category of surplus, obsolete, broken, or discarded electrical or electronic devices. The processing of electronic waste in developing countries is causeing serious health and pollution problems due to lack of containment, as do unprotected landfilling (due to leaching) and incineration. ….Read more
India is emerging as one of the world's major electronic waste generators and likely to generate 52 lakh metric tonnes (MT) per annum by 2020 from the current level 18 lakh metric tonnes growing at a compound annual growth rate (CAGR) of about 30%.
The global volume of e-waste generated is expected to reach 130 million tons in 2018 from 93.5 million tons in 2016 at a compound annual growth rate of 17.6 percent from 2016 to 201 The e-waste management market has the potential to recycle and recover materials like metals, including ferrous and non-ferrous metals, plastic, glass, and others, including wood and ceramic.
The current e-waste generation pattern is 1.7 million tons / annum, with an alarming growth rate of 15% each year. The major concern in terms of management of e-waste is, more than 90% of the available E-waste continued to be recycled in the informal sector, in the by-lanes of cities and towns. However, if recycled scientifically, 95-98% of the materials can be recovered and put back in the process of material flow.
Recycling of electronic waste is an upcoming trend which growing immensely as there is a severe need to protect human and environmental health. Electronic wastes have a very high impact on environment, the pollution due to the increasing electronic wastes as led to the recycling of electronic waste on a larger scale.
Electronic waste recycling is the reprocessing of electrical and electronic equipment of different types which have been discarded so as to reuse it.
The Electronic Waste Recycling Market has been segmented on the basis of components of processed materials and sources of equipment processed. The components of processed materials segment consists of plastic, glass, mercury, metals, printed circuit boards, hard drives, batteries and others.
The growth of E-Waste market is supplemented by the growing need for upgrading to the latest technologies. A desire towards the adoption of new technologically advanced devices leads to generation of millions of tons of E-Waste across various regions.
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