The composition of e-waste is diverse, containing more than 1,000 different toxic and non-toxic substances. The onset of technological advancement of electrical and electronic appliances is so rapid that new products quickly replace existing models or make certain items of electronic equipment redundant, useless, thereby generating a constant source of e-waste generation. E-waste is created from all electronic: computers, TVs, monitors, cell phones, PDAs, VCRs, CD players, fax machines, printers and many more.
Global E-Waste control market is anticipated to garner $49.4 billion through 2020, registering a CAGR of 23.5% at some stage in the forecast length 2014 - 2020. It's far one of the quickest developing waste streams in emerging as well as evolved areas. The decreased existence spans of electrical, digital and customer digital devices are producing huge E-Waste, which is growing swiftly every 12 months.