Major players in the plastic waste management market are Veolia Environnement SA, PLASgran Ltd, SUEZ Environnement Company, Republic Services Inc, Clean Harbors Inc, Stericycle Inc, Remondis SE & Co KG, Covanta Holdings, Biffa, Luxus Limited uxus Limited, REPLAS, B SCHOENBERG & CO, TerraCycle, WasteCare, KW Plastic, wTe Corporation, WM Intellectual Property Holdings, Hitachi Zosen, United PlasticRecyc and ALBA Group.
New York, Sept. 12, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Plastic Waste Management Global Market Report 2022” – https://www.reportlinker.com/p06319263/?utm_source=GNW
The global plastic waste management market is expected to grow from $34.13 billion in 2021 to $35.25 billion in 2022 at a compound annual growth rate (CAGR) of 3.30%. The plastic waste management market is expected to grow to $41.39 billion in 2026 at a compound annual growth rate (CAGR) of 4.09%.
The plastic waste management market consists of the sales of plastic waste management services by entities (organizations, partnerships, and sole proprietors) that are used to provide disposal solutions to establish environment-friendly plastic waste management.It refers to managing and processing plastic waste to make it reusable.
Plastic waste management aims to encourage plastic production with circular materials, and ensure a high uptake of recycled plastics. These management techniques helps in reducing the amount of waste in the ecosystem, pollution from the atmosphere, and the elimination of harmful germs and chemicals.
The main services of plastic waste management are collection, recycling, incineration and landfills.Incineration refers to a waste treatment process that involves the combustion of waste and the recovery of energy from the heat produced.
The process produces a synthetic gas that is used to power turbines.The main sources in the plastic waste management market are noted to be residential, commercial and industrial.
Polymers like polypropylene (PP), low-density polyethylene (LDPE), high-density polyethylene (HDPE), polyvinyl chloride (PVC), polyurethane (PUR), terephthalate (PET) and other polymers are managed in the market to cater the demand from end-users like packaging, textile, consumer product, transportation, building and construction, electrical and electronics and other end users.
North America was the largest region in the plastic waste management market in 2021.Asia-Pacific is expected to be the fastest-growing region in the forecast period.
The regions covered in the plastic waste management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The plastic waste management market research report is one of a series of new reports that provides plastic waste management market statistics, including plastic waste management industry global market size, regional shares, competitors with a plastic waste management market share, detailed plastic waste management market segments, market trends and opportunities, and any further data you may need to thrive in the plastic waste management industry. This plastic waste management market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The increasing awareness about plastic management is expected to the significant factor driving the growth of the plastic waste management industry.The awareness about plastic management induces various end-users to use recycled plastic which will boost the growth of the plastic waste management industry.
Due to the rising awareness about plastic management, several companies have taken significant steps toward reusable plastics.For instance, in February 2022, Coca-Cola, a US-based beverages company, declared an industry-leading objective to increase its use of reusable packaging significantly.
Additionally, by 2030, the company hopes to have a minimum of 25% of all beverages sold in refillable plastic bottles or containers.This increasing awareness of plastic management will invariably result in proper plastic waste management.
Therefore, awareness about plastic management is expected to propel the growth of the plastic waste management industry.
Technological advancement is the key trend in the plastic waste management market.The key players operating in the plastic waste management sector are bringing technological advancements to strengthen their position in the market.
These companies are implementing advanced technologies like machine learning, artificial intelligence (AI), satellite mapping, block-chain, nanotechnology, genetic modification of chemicals, and others to curb plastic waste and its management by lowering environmental harm.For instance, In January 2021, Unilever partnered with the Alibaba Group and introduced China’s first large-scale closed-loop plastic recycling system powered by AI.
The machines used for sorting and storing are fitted with AI technology that automatically recognizes various types of plastic bottles. Later these bottles are returned to recycling centers and reused rather than degraded.
In December 2020, LyondellBasell, a Netherlands-based chemical company, and Suez, a France-based utility company, acquired Tivaco, for an undisclosed amount.With this acquisition, Tivaco will become a part of Quality Circular Polymers (QCP), an existing plastics recycling joint venture (JV) of LyondellBasell and Suez.
The JV aims to boost the recycled material production capacity of LyondellBasell and SUEZ. Tivaco is a Belgium-based plastic recycling company.
The countries covered in the plastic waste management market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA.
Read the full report: https://www.reportlinker.com/p06319263/?utm_source=GNW
About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need – instantly, in one place.
__________________________
DRI Healthcare Trust (TSX: DHT.UN) (TSX: DHT.U) ("DRI" or "the Trust") today announced that a wholly-owned subsidiary of DRI has acquired a royalty interest in Zejula from AnaptysBio, Inc. for a purchase price of US$35 million. An additional milestone payment of US$10 million will be paid should Zejula be approved by the U.S. Food and Drug Administration ("FDA") for the treatment of endometrial cancer on or before December 31, 2025.
Climate change and renewable power are in the news with record temperatures and wildfires in California threatening citizens with rolling blackouts.
by Justin Cashman
(Bloomberg) — Asia is stocking up on dirty fuel oil for winter power generation earlier than usual as a gas shortage sees environmental concerns take a back seat to making sure the lights remain on.Most Read from BloombergThe World’s Hottest Housing Markets Are Facing a Painful ResetJeff Bezos’s Blue Origin Rocket Suffers Failure Seconds Into Uncrewed LaunchUkrainian Successes Raise Russian Collapse to Realm of PossibilityRussian Defenses Crumble as Ukraine Retakes Key TerritoryGoldman to Cut S
In this article, we will be taking a look at the 9 biggest EV charging and infrastructure companies in the world. To skip our detailed analysis, you can go directly to see 5 biggest EV charging and infrastructure companies in the world. If you’re still unsure whether climate change is real or not, just have […]
NRG Energy: Our journey to a greener tomorrow
A new study in the journal Science finds that even the most aggressive goals of reducing greenhouse gas emissions aren’t sufficient to avoid several major climate change tipping points, in which rising temperatures cause irreversible damages that in turn cause more global warming.
“Feels like 100 bee stings, 1,000 fire ant bites, and a bad case of foot asleep tingles all in the same place and moving up my thigh.”
‘Every megawatt of energy generated by solar and renewables is fewer fossil fuels we need from Russia,’ says policy director
Two UK energy firms say a plan to offer discounts on bills could fail if people are not offered more.
Proponents of fracking hold that Europe’s shale gas potential is needed now more than ever, but the political and public opposition to hydraulic fracturing in Europe remains firm
Chemours recently released its fifth annual Corporate Responsibility Commitment (CRC) Report, including updates on the company’s ESG targets. The report comes as Chemours opens an exciting chapter …
(Bloomberg) — French farmers are collecting their smallest corn crop in more than three decades, highlighting the massive toll that summer drought has wrought on Europe’s food supplies. Most Read from BloombergThe World’s Hottest Housing Markets Are Facing a Painful ResetUkrainian Successes Raise Russian Collapse to Realm of PossibilityJeff Bezos’s Blue Origin Rocket Suffers Failure Seconds Into Uncrewed LaunchRussian Defenses Crumble as Ukraine Retakes Key TerritoryGoldman to Cut Several Hundr
Impact: Heavy Rain, Flooding, Strong T'Storms
Thousands of residents were under evacuation and shelter-in-place orders early Tuesday after heavy rains unleashed mudslides in a mountain area east of Los Angeles that burned two years ago, sending boulders and other debris across roads. Firefighters went street by street in the community of Forest Falls Monday night to make sure no residents were trapped. Eric Sherwin, spokesperson for the San Bernardino County Fire Department, said crews hadn’t found anyone who needed to be rescued and no one was reported missing.
Meteorologists have predicted that a “triple-dip” La Niña is expected to occur through the remainder of 2022 and possibly into early 2023. In an update on Thursday, the National Weather Service reported a 91 percent chance of La Niña conditions in the months of September through November, decreasing to 54 percent January through March of…
CBS2's Elise Finch has the latest weather forecast.
“Some people might be a bit squeamish if they saw a fish as long as them.”
Drought and extreme heat pushed the power grid past the brink in southern China, raising fears that the country might revert to burning more coal.
Every time one of the over 7 million people living in the San Francisco Bay Area flushes a toilet, they feed potentially harmful red algae in the bay and its estuaries.