Europe leads e-waste recycling

31.01.2010

Spurs to growth include rising e-waste collection and recycling rates; the increasingly greater availability of innovative and cost-effective recycling technologies; the strengthening recycling infrastructure and legal framework worldwide; global electronics markets and their significant growth in developing economies, and the integration of formal and informal recycling markets in key Asia-Pacific locations.ABI Research practice director Larry Fisher says: "The economic downturn of recent years shook the global waste management industry to its core. Plummeting commodity prices shriveled demand for recycled materials and transformed recycling from an honorable, profitable venture to a cash-hemorrhaging dilemma for a multitude of municipalities and companies."However, he believes that "The combined impact of the ongoing global economic recovery and strengthening e-waste recycling legislation worldwide will drive improved recycling/recovery rates in each of the next five years."