What Are E-Waste Companies?

As electronic waste becomes a larger and more necessary issue, companies are taking advantage of the niche business area of e-waste management. But what are these companies and what do they do?

  • E-waste companies are recycling businesses that accept electronic waste. The waste is sorted so that valuable material can be sold or reused, and dangerous materials can be properly disposed of.

In this article, we’ll give you a closer look at what e-waste companies do and why they are important.

What Does an E-Waste Company Do?

E-waste recycling companies accept end-of-life electronic goods from consumers or businesses.

The recycling companies generally follow these steps:

  1. Disassembling end-of-life electronic products
  2. Sorting materials
  3. Extracting valuable materials for reuse or sale
  4. Disposing of dangerous or toxic materials

E-waste companies ensure that electronic materials are properly disposed of. These are necessary because the materials in electronic goods can be either valuable or toxic. Toxic materials are safely disposed of and valuable metals are reused.

How Do E-Waste Companies Make Money?

E-Waste recycling is an increasingly profitable business as the need for electronics recycling grows. The industry of e-waste management is expected to be valued at $45.78 billion by 2025. But why is this business so lucrative?

E-Waste companies make money in these three ways:

  • Governments pay e-waste recycling companies a fee so that consumers can recycle their electronics free of charge
  • Consumers pay e-waste recycling companies to recycle their own electronic devices
  • Businesses pay e-waste companies for large-scale, potentially long-term electronics recycling
  • Other businesses pay e-waste recycling for valuable scrap metals retrieved from electronic devices

The United States has high standards for electronics recycling, so the government as well as consumers and businesses are willing to pay a high price to make sure that electronic goods are recycled safely and efficiently. 

E-waste companies also make a profit by selling recovered materials like copper, steel, gold, and silver from electronic goods.

Why Are E-Waste Companies Necessary?

Electronic waste currently accounts for up to 10% of all global waste. This waste is made up of about 60% valuable metals, and almost 3% pollutants.

E-waste companies ensure that:

  1. Valuable materials in electronic goods can be reused
  2. Toxins are removed and disposed of properly

Valuable metals in e-waste like iron, copper, nickel, and sometimes gold and silver can be recovered from the devices and reused. Without e-waste recycling facilities, toxic metals including mercury and lead would sit in landfills and slowly degrade into the soil. These metals can eventually make their way into the food and water supply, harming plants, animals, and humans.

So, e-waste companies make sure we are getting the most use out of valuable natural resources and ensure that pollutants are safely disposed of and won’t affect our food and water supply.

Summary: E-Waste Companies

E-waste management companies recycle electronic goods so that their materials can be reused, and their hazardous materials can be properly disposed of. This is a highly profitable business as the demand grows for proper electronics recycling to ensure we’re getting the most out of the materials we use to make electronics, and to make sure that our electronic waste is not harming our health or the health of the environment.

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