Saurabh Singh’s Post

𝗥𝗲𝗰𝘆𝗰𝗹𝗲𝗱 𝗣𝗹𝗮𝘀𝘁𝗶𝗰𝘀 𝗠𝗮𝗿𝗸𝗲𝘁: 𝗔 𝗦𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗹𝗲 𝗙𝗿𝗼𝗻𝘁𝗶𝗲𝗿 𝗶𝗻 𝗠𝗮𝘁𝗲𝗿𝗶𝗮𝗹 𝗜𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝗼𝗻 The Recycled Plastics Market is witnessing significant growth driven by increasing environmental concerns, government regulations, and consumer demand for sustainable products. Recycled plastics offer a compelling solution to reduce plastic waste, conserve natural resources, and minimize environmental impact. The Recycled Plastics Market is projected to grow from USD 69.4 billion in 2023 to USD 120.0 billion by 2030, at a CAGR of 8.1% from 2023 to 2030. Download PDF Brochure: https://lnkd.in/g5WZjDJH Key Drivers: ▪️Environmental Awareness: Growing awareness about plastic pollution and its detrimental effects on ecosystems and marine life is driving demand for recycled plastics as an eco-friendly alternative to virgin plastics. ▪️Regulatory Measures: Stringent regulations and policies aimed at reducing plastic waste and promoting recycling initiatives are fostering market growth by incentivizing the use of recycled plastics across various industries. ▪️Circular Economy Initiatives: The transition towards a circular economy model, where materials are reused and recycled to minimize waste, is fueling the adoption of recycled plastics as a sustainable solution. ▪️Consumer Preferences: Increasing consumer preference for environmentally friendly products and packaging is encouraging manufacturers to incorporate recycled plastics into their offerings, driving market expansion. ▪️Regional Analysis: In Asia-Pacific, rapid industrialization and high plastic consumption propel market dominance, led by major contributors like China and India. Europe's stringent regulations and sustainability goals drive significant demand, while North America sees steady growth due to rising awareness. ▪️Major_players: Alpek (Mexico), Biffa (UK), Cabka (Germany), Far Eastern New Century 遠東新世紀 (Taiwan), Indorama Ventures: Indovinya (Thailand), JAYPLAS LIMITED (UK), Loop Industries (Canada), MBA Polymers Inc. (US), Plastipak Holdings, Inc. (US), Republic Services (US), Stericycle (US), Veolia (France), and others. #recycledplastics #sustainablematerials #plasticrecycling #greeninitiatives #recycleandreuse #plasticwaste #reducereuserecycle #plasticpollution #wastemanagement #recyclingindustry #plasticfreefuture

𝐑𝐞𝐜𝐲𝐜𝐥𝐞𝐝 𝐏𝐥𝐚𝐬𝐭𝐢𝐜𝐬 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬, 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐞𝐬, 𝐚𝐧𝐝 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬 𝙏𝙤 𝙆𝙣𝙤𝙬 𝙈𝙤𝙧𝙚 𝘿𝙤𝙬𝙣𝙡𝙤𝙖𝙙 𝙖 𝙁𝙧𝙚𝙚 𝙎𝙖𝙢𝙥𝙡𝙚 𝙍𝙚𝙥𝙤𝙧𝙩:-https://lnkd.in/g7hq_J-P (Use Corporate Mail ID) Recycled plastics are materials reprocessed from discarded plastic products and waste to create new, usable products. With growing environmental concerns and the need to reduce plastic pollution, recycling plastics has become a key focus in sustainability efforts. The process typically involves collecting, sorting, cleaning, and reprocessing plastic waste into raw materials that can be used to manufacture a wide range of items, such as packaging, textiles, and construction materials. Recycled plastics offer several environmental benefits, including reducing the demand for virgin plastic, conserving resources, and lowering greenhouse gas emissions associated with plastic production. Commonly recycled plastics include PET (used in bottles) and HDPE (used in containers), among others. However, challenges like contamination and the limited recyclability of certain plastics still exist. As industries and consumers increasingly embrace sustainable practices, innovations in recycling technologies and circular economy initiatives are expected to drive further growth in the use of recycled plastics. Veolia, Indorama Corporation, Alpek, Biffa, Loop #RecycledPlastics #Sustainability #PlasticRecycling #EcoFriendly #CircularEconomy #ZeroWaste #ReduceReuseRecycle #GreenMaterials #WasteManagement #EnvironmentalImpact

𝐎𝐯𝐞𝐫𝐜𝐨𝐦𝐢𝐧𝐠 𝐂𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐞𝐬 𝐢𝐧 𝐏𝐥𝐚𝐬𝐭𝐢𝐜𝐬 𝐑𝐞𝐜𝐲𝐜𝐥𝐢𝐧𝐠: 𝐀 𝐊𝐞𝐲 𝐭𝐨 𝐒𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐥𝐞 𝐖𝐚𝐬𝐭𝐞 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 Plastics recycling has become an essential component in addressing the global challenge of plastic waste. With the increasing consumption of plastic products, the environmental burden has grown, leading to severe pollution in oceans, landfills, and natural ecosystems. Recycling plastic helps mitigate these issues by reducing the need for virgin plastic production, conserving natural resources, and minimizing greenhouse gas emissions. The process involves collecting and processing discarded plastic items, such as bottles, containers, and packaging, which are then sorted, cleaned, and reprocessed into new products. This circular economy approach not only decreases the volume of plastic waste but also contributes to energy savings and reduced environmental impact, as producing recycled plastic generally requires less energy than manufacturing new plastic from raw materials. 𝐉𝐨𝐢𝐧 𝐭𝐡𝐞 𝐦𝐨𝐯𝐞𝐦𝐞𝐧𝐭 𝐭𝐨𝐰𝐚𝐫𝐝𝐬 𝐚 𝐜𝐥𝐞𝐚𝐧𝐞𝐫 𝐩𝐥𝐚𝐧𝐞𝐭—𝐬𝐮𝐩𝐩𝐨𝐫𝐭 𝐚𝐧𝐝 𝐩𝐚𝐫𝐭𝐢𝐜𝐢𝐩𝐚𝐭𝐞 𝐢𝐧 𝐩𝐥𝐚𝐬𝐭𝐢𝐜𝐬 𝐫𝐞𝐜𝐲𝐜𝐥𝐢𝐧𝐠 𝐭𝐨𝐝𝐚𝐲 @ https://lnkd.in/dnr8Qzh4 However, the effectiveness of plastics recycling is hampered by several challenges. One of the primary obstacles is the complex and diverse nature of plastic types, which often necessitates sophisticated sorting and processing technologies. Contamination of recyclable plastics, such as food residues and non-recyclable materials, further complicates the recycling process, leading to lower quality recycled products. Additionally, the economics of recycling can be unfavorable, as the cost of collecting and processing plastic waste sometimes exceeds the value of the recycled material. Despite these challenges, advancements in recycling technologies and growing consumer awareness are driving improvements in the efficiency and profitability of plastic recycling. Governments and industries worldwide are also implementing stricter regulations and incentives to promote recycling, making it a critical component of sustainable waste management strategies. 𝐌𝐚𝐣𝐨𝐫 𝐏𝐥𝐚𝐲𝐞𝐫𝐬: Indorama Ventures Public Co Ltd Veolia WM Intellectual Property Holdings LLC Unilever Johnson Matthey SUEZ Republic Services REMONDIS Gruppe Econic Technologies Ltd The Shakti Plastic Industries Biffa Waste Connections Clean Harbors KW Plastics B & B Plastics, Inc. #PlasticsRecycling #Sustainability #WasteManagement #EcoFriendly #CircularEconomy #GoGreen #ReduceReuseRecycle

🌍 Unwrapping the Plastic Waste Problem 🌍 In the 1940s, the chemical industry promised society a "bright future molded in plastics.". Less than an average human lifetime later, plastic has become one of the most pressing environmental issues on earth today. 🥤 🍫 ♻ At Hitachi Ventures, Jan & Tobias have spent the past 12 months exploring the plastic recycling market. Dive into our findings and discover: 1️⃣ Barriers to Adoption: Understand what has hindered the widespread adoption of recycling methods in the past. 2️⃣ New Opportunities: Learn why now is the perfect time for novel recycling methods to emerge. 3️⃣ Market Landscape: Explore the current market landscape and the exciting innovations on the horizon. 🔗 Click to read more and join us on this journey towards a sustainable future! https://lnkd.in/d8FBs5J2 #Circularity #Plastic #Recycling #HitachiVentures

The plastic recycling market is ripe for disruption. Regulatory support, increasing consumer awareness, and pressure on FMCGs have already spurred initial adoption. We are excited to share our market analysis on plastic recycling that we worked on the past months ♻ Special thanks to Jan Marchewski on the great work.   #HitachiVentures #Hitachi #PlasticRecycling #Circularity

Some interesting statistics: We are currently producing about 500 million tons of plastic per year globally, estimated to double by 2030, and treble by 2050 One Corsair modular pyrolysis facility can recycle 12 million kgs of plastic waste into Advanced Bio-oil every year From every 10 kgs of plastic waste recycled, 9 litres of Advanced Bio-oil is produced Advanced Bio-oil is used to manufacture new plastic products, which in turn can be recycled an infinite number of times Advanced Bio-oil currently sells at €1 per litre For every kilo of plastic recycled, 10 CSR Plastic Credits are distributed, for companies to offset their own plastic footprint Each kilo of plastic waste currently costs around €0.18 to offset. Consumers are prepared to pay up to 20% more for products from sustainable companies, according to recent studies The global market for Advanced Bio-oil is estimated at 100 Billion litres by 2030 For every litre of Advanced Bio-oil we produce, one litre of virgin fossil oil stays in the ground - no need for arctic or deep ocean drilling, no need for fracking Do the maths We need to build as many recycling facilities as we can, as quickly as we can, to build a global circular economy for plastic. And the more sustainable companies become, the more customers they will attract. #Corsair #CorsairGroup #CSR #Amplivo #CorsairNow #corsairinternational #PlasticNeutral #pyrolysis #PlasticPyrolysis #cleantheocean #plasticpollution #letscleantheplanet #cleantheworld #cleanerfuture #PlasticCredit #plasticfootprint #JussiSaloranta #JussiVeikkoSaloranta #ESG #environment #recycling #certifiedplasticneutralMalta

Some interesting statistics: We are currently producing about 500 million tons of plastic per year globally, estimated to double by 2030, and treble by 2050 One Corsair modular pyrolysis facility can recycle 12 million kgs of plastic waste into Advanced Bio-oil every year From every 10 kgs of plastic waste recycled, 9 litres of Advanced Bio-oil is produced Advanced Bio-oil is used to manufacture new plastic products, which in turn can be recycled an infinite number of times Advanced Bio-oil currently sells at €1 per litre For every kilo of plastic recycled, 10 CSR Plastic Credits are distributed, for companies to offset their own plastic footprint Each kilo of plastic waste currently costs around €0.18 to offset. Consumers are prepared to pay up to 20% more for products from sustainable companies, according to recent studies The global market for Advanced Bio-oil is estimated at 100 Billion litres by 2030 For every litre of Advanced Bio-oil we produce, one litre of virgin fossil oil stays in the ground - no need for arctic or deep ocean drilling, no need for fracking Do the maths We need to build as many recycling facilities as we can, as quickly as we can, to build a global circular economy for plastic. And the more sustainable companies become, the more customers they will attract. #Corsair #CorsairGroup #CSR #Amplivo #CorsairNow #corsairinternational #PlasticNeutral #pyrolysis #PlasticPyrolysis #cleantheocean #plasticpollution #letscleantheplanet #cleantheworld #cleanerfuture #PlasticCredit #plasticfootprint #JussiSaloranta #JussiVeikkoSaloranta #ESG #environment #recycling #certifiedplasticneutralMalta

The Plastic Recycling Crisis: A Call for Change Did you know that only 17% of plastic is recycled? A huge part of this issue lies in the complexity of recycling plastics: Cost – Recycling is expensive, from collection to sorting and processing. Variety – Thousands of plastic types, each with unique properties, make it hard to recycle them together. Contamination – Food, labels, and other residues often compromise the quality of recycled plastics. Capacity – Many regions lack the infrastructure to handle diverse plastic types. With these challenges in mind, it’s clear we need alternatives to traditional plastics. Enter Teysha. Teysha’s innovative natural product polycarbonate platform is paving the way for sustainable plastics. By using renewable, biodegradable materials like saccharides and quinic acid, Teysha creates polymers with adjustable properties, such as strength, toughness, and water resistance. These polymers are not only eco-friendly but also designed to degrade into non-toxic by-products under natural conditions, reducing long-term environmental impact. What sets Teysha apart? Green Materials – Made from renewable resources and biodegradable. Optimizable Properties – Tailor polymers for everything from hard, durable materials to flexible, water-resistant ones. Scalable & Versatile – Compatible with existing production systems, offering easy integration into current manufacturing processes. Teysha’s platform offers a scalable, cost-effective solution to the plastic pollution crisis, replacing petroleum-based plastics with sustainable alternatives that can be used across a variety of industries. The future of plastics is here—and it’s renewable, biodegradable, and customizable. #Sustainability #Innovation #PlasticAlternatives #GreenTech #CircularEconomy #EcoFriendly #RenewableMaterials

🌍 Using Pyrolysis for High-Quality Recycled Plastics: A Sustainable Future 🌍 The global plastic waste crisis is one of the most pressing environmental issues of our time. Traditional recycling methods have their limitations, but innovative solutions like pyrolysis are paving the way for a more sustainable future. 🛠️ 🔬 What is Pyrolysis? Pyrolysis is a cutting-edge process that involves the thermal decomposition of plastic waste at high temperatures in the absence of oxygen. This process breaks down plastics into valuable products such as oils, gases, and char, which can be further refined into high-quality recycled plastics. ♻️ Benefits of Pyrolysis: High-Quality Output: Produces high-quality recycled plastics that can be used in a wide range of applications. Waste Reduction: Converts non-recyclable plastics into reusable materials, significantly reducing landfill waste. Energy Recovery: Generates energy-rich byproducts that can be used as alternative fuels, promoting energy recovery. Circular Economy: Supports a circular economy by turning waste into valuable resources, reducing the need for virgin plastic production. 🌱 Environmental Impact: Pyrolysis not only helps in managing plastic waste but also contributes to reducing greenhouse gas emissions and dependency on fossil fuels. It offers a sustainable solution that aligns with global efforts to combat climate change and environmental degradation. 🏭 Industry Adoption: Many forward-thinking companies and research institutions are investing in pyrolysis technology to enhance their recycling capabilities. This innovative approach is driving the transition towards a more sustainable and circular plastic economy. 🚀 Future Prospects: As pyrolysis technology continues to advance, its efficiency and scalability are expected to improve, making it a vital component in the global recycling infrastructure. Collaboration between industries, governments, and research bodies will be key to unlocking its full potential. Let’s embrace pyrolysis and work together towards a greener, cleaner, and more sustainable future. 🌐 #Pyrolysis #Recycling #Sustainability #CircularEconomy #PlasticWaste #EnvironmentalInnovation #GreenTechnology #SustainableFuture #ClimateAction What are your thoughts on pyrolysis and its potential to revolutionize plastic recycling? Share your insights by joining Polymer Connect-2024! Join us at: https://lnkd.in/gYk8Q_b7 Source: https://lnkd.in/gvQGvhYQ