How is the future for e waste recycling business?

The future for e waste recycling business is generally related to the market situation and national policies. The better the market situations and the more attention the country pays, the better the future for e waste recycling business will be. For example, in order to promote the development of e-waste recycling business, India will hold auctions in the country, which not only sell e waste to recyclers at a low price, but also solve the problem of e waste collection. That's why more and more people engaged in e waste recycling business in India.

If you want to start e waste recycling business, you can do a survey from the raw materials and final products the two mains.

I. Raw materials:

1. Amount of e waste

The amount of e waste determines whether you can buy enough raw material at a cheaper price to start your e waste recycling business. But apparently, you don't need to worry about the amount of e waste. Because it is roughly estimated that e waste is generated annually by the growth rate of 30-50 million tons. In recent years, in particular, the generation of e waste has increased swiftly due to the increase in demand for electronic products and the shortening of the life of electronic products. According to the indication of Organization for Economic Cooperation and Development (OECD), the amount could reach to 120 million tons annually by 2050.

E waste

Though the amount of e waste is large, the present recycling rate is relatively low. Even in the European Union (EU), which leads the world in e waste recycling, just 35% e waste is properly collected and recycled, and the rest of e waste is much ending up buried under the ground for centuries. It will be an excellent development opportunity of the future for e waste recycling business.

2. Recyclable value of e waste

Metal content of PCBs

Although the recycling rate of e waste is low, it doesn't means the recyclable value of e waste is low. Due to its excellent electrical conductivity, e waste contains up to 60% of rare and precious metals. Printed circuit boards (PCBs), an important component of e waste, typically contain 40% of precious metals, including 8-38% iron, 10-27% copper, 2-19% aluminium, 1-3% lead, 0.3-2% nickel, 200-3000 ppm silver, 20-500 ppm gold and 10-200 ppm palladium. The latest forecasts would show that e-waste is worth more than 62 billion US-Dollar annually – and was worth three times the output of all the world’s silver mines, which sets the stage for the future for e waste recycling business.

3. Recycling technology of e waste

In order to recycle the precious metals of e waste, there are more and more e waste recycling methodologies has developed recently, such as pyrometallurgy, hydrometallurgy, bio-metallurgy, mechanical separation, etc. All of these recycling methods provide a solid technical guarantee for the future of e waste recycling business.

E waste PCB recycling plant

Henan Doing's e waste PCB recycling plant is a mechanical separation method, which can separate precious metals from e waste with 99% separation rate through shredding, crushing, sieving, airflow separation and electrostatic separation technique adopts a dry type physical separation method, which won't damage the environment.

II. Final products:

As for final products, you need to examine its use and selling price, which determines your final profit. The separated metals can be sold directly, or to refine gold or copper for sale. And the non-metals, most of resin fiber, can be made into building bricks, ground painting, wood-plastic products, etc. Both of them have wide application. As to the price of final products, you can do a research according to your local marketing.

Final products' application

The following is a profit analysis table provided by our Indian customer by using a PCB recycling machine. Perhaps it can help you calculate your profit according to the local cost of raw materials and actual price of final products.

The future for e waste recycling business could be bright. If you want to start e waste recycling business, and do need an e waste PCB recycling plant, welcome to contact us - Henan Doing Group.