Integrated Recycling Technologies
By Tyler Mathison
Recycling has always been very important but there is a growing demand for electronic recycling. As electronic waste can affect the globe in multiple ways, including leeching into water and soil. Toxic metals are most definitely dangerous not only to the earth but also to our bodies. Thankfully electronic recycling throughout the globe has been able to keep up with the market and keep the earth clean.
There is very strong growth in technology with in the last few years. In view of this, electronic recycling is becoming even more vital. Product life expectancy is decreasing which means people will keep buying newer products and throwing out their old products. This is due to a couple of different factors:
–The fact that our technology is becoming so much more efficient, faster and overall better at a very fast rate.
–What we are buying is just not meant to last as long as the products of the past
Whatever the case is we are buying more and more electronic devices. We need a way to sustain the flow of material going in and out of consumers hands. Because of this, the recycling market place is expected to boom in the next few years. With this knowledge of consumer buying patterns and the advancement in technology, electronic recycling companies are going to be needed now more than ever.
“According to a new market report published by Transparency Market Research “Electronic Scrap Recycling Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2022”, the global electronic scrap recycling market was worth US$ 11.03 Bn in 2014 and is expected to reach US$ 34.32 Bn by 2022, growing at a CAGR (compound annual growth rate) of 15.7% from 2015 to 2022. Europe was the largest market for electronic scrap recycling in 2014. Growth in this region is expected to be driven by stringent government regulations and huge profits generated through the recovery of precious metals from electronic scrap.”
“With IRT’s latest purchase of a new warehouse, we know without a doubt that we will be able to handle more product than ever before. We are excited about the possibility of making sure your electronics are handled correctly. We can’t wait to deal directly with your schools, hospitals, and/or cities to make sure that your electronic waste is handled properly and with care.” —Steve Budd CEO