Despite High Recycling Costs, E-waste Management Market Growing, Says Report

The global e-waste management market is expected to reach 63.7 million metric tons generated by 2025, said a Tuesday Grand View Research report. Driving the market are rising disposable income in developing countries and high-volume sales of electronic devices worldwide, it said. High costs of e-waste recycling are expected to limit market growth somewhat, but rising awareness about the hazardous effects of e-waste on human health and strict regulations on the generation and treatment of e-waste in most countries are expected to offset challenges over the forecast period. The global e-waste management market recorded 44.7 million metric tons in 2016, it said.