Greentech Lead
U.K: Global Green and Recycled Mobile Phone market is expected to
grow at a CAGR of 19.1 percent over the period 2011-2015, according
to TechNavio.
One of the key
factors contributing to this market growth is the rapidly increasing
mobile phone replacement rates.
The presence of
valuable materials is another major factor driving the growth of this
market. Some of the valuable materials that can be recovered from
e-waste are gold, silver, aluminum, and copper.
The Global
Green and Recycled Mobile Phone market has also been witnessing the
more stringent safety standards from regulatory authorities. However,
the delay in awareness about negative effects of e-waste could pose a
challenge to the growth of this market.
Key vendors
dominating this space include CloudBlue Technologies, Intechra,
Redemtech, and SIMS Recycling Solution Holdings
Other vendors
mentioned in the report are Corporate Mobile Recycling, Converge,
Eazyfone, GEMS, Mazuma Mobile, PlanITROI, ReCell One , ReCellular ,
Regenersis , TechTurn, TES-AMM , and Trishyiraya Recycling India
Private
“The
substantial growth in the volume of e-waste has forced regulatory
bodies to tighten the rules regarding the handling of hazardous
e-waste materials,” said an analyst at TechNavio.
“In order to
gain better control over e-waste processing techniques, many new
standards have been designed and brought into practice. The safety
measures quantify the risk and its aversion in terms of the
concentration of toxic chemicals in the environment,” the analyst
said.
editor@greentechlead.com