5th September,
2018 - E-waste
Market refers to the used electronics which are needed to be
recycled or disposed. Some of the E-waste components are cathode ray tubes,
plastics from printers, monitors and keyboards, computer wires chip and other
gold-plated components. The process used to recycle the E-waste is
die-soldering, chemical stripping, breaking and removal of yoke in case of
cathode ray tubes and dumping. Some of the environmental threats that E-waste
disposal causes are air emissions and heavy metal discharge into the river.
With the upgradation in technology, the E-waste is increasing at a fast pace
which is expected to propel the trade growth. The electronic recycling market
drivers include shrinking life span of electronic devices, scarcity of
resources of precious metals such as gold, palladium and high rate of obsolescence.
However, due to less E-waste collection zones the market is progressing at a
slow rate.
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The electronic recycling
market serves various sectors such as government, manufacturers, Fortune 500
and small business firms. Owing to the falling prices of electronic components,
changes in media such as software, tapes and MP3 the demand for electronic
recycling is expected to increase in the future. Not disposing the electronic
waste properly poses various environmental as well as security threats to
exporting countries and individuals. The credit cards, hard drives, record of
online transactions, private financial data if not disposed of properly may
pose a security threat. Recycling E-waste holds the potential to reduce
greenhouse gases and create jobs. Certain Regulations have been in–action to
address the problem of increasing E-waste. European WEEE legislation was
introduced in 2007, wherein it focuses on addressing the environmental impact
of business activities and collection target being met by IT & Telecom
sectors. In countries like USA & Canada legislations have been passed for
mandating E-waste recycling requirements. Most of the companies have been
following zero landfill policy and have been searching for innovative methods
to recycle the E-waste.
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