As technology has advanced regularly, old products have become obsolete. Each, home, offices, companies and factories are changing their technology on a regular basis in order to compete with the market.
With the advancement of technology, each person upgrades their devices regularly. Old products are getting outdated. Every company, industries, offices and houses are changing their day to day usage device in order to make an impact in the market. In today’s world, everybody wants to win the race. Up gradation is a part of daily life in today’s world. The companies or industries who cannot upgrade themselves has no place in the market. Life has become very much competitive.
Now the question arises what is going to happen to the old, outdated products and devices? Are they going to remain unused? If that happens then the volume of waste material will increase and it is a big issue globally. So e waste recycling is a wonderful idea to get rid of these unused waste materials.
A few years back we use to watch television, which you have a big picture tube, but now day’s we use television which are slim LCDs and LEDs. So the old big picture tube television is a waste for a specific household. This is just an example for one gadget, starting from cell phones, laptops, desktops, refrigerator, and washing machine, microwaves, induction cooker and many more. So now we need to think how much waste a single home will generate as time progresses. Now think of an office, a small factory and an industry. So the volume of waste in the whole world is increasing as time progresses. E-waste has become a major threat to the whole world.
So E- waste recycling is very much a necessity in today’s world. There are many industries who collect these household waste and factory wastes and recycle them to a new product with an advanced and updated technology. Moreover, recycled products are cost effective and are appreciated by many consumer round the globe. These products are exported to many developing countries at a cost effective rate. This has a huge and profitable market. Many investors have opted this business as the main source of income.
E- Waste recycling has given relief, to consumers as well. Many companies have brought market strategies by which a consumer can exchange their old household waste with a new product and some money. They get an exchange value for older household products. This strategy is really successful. Many recycling companies were able to collect E-waste using this strategy. They generally recycle these wastes to make a finished product.
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