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Dublin, October 28, 2021/PRNewswire/-"Global Waste Recycling and Circular Economy Outlook 2021" report has been added to ResearchAndMarkets.com products.
Revenue in 2020 is 457.14 billion U.S. dollars, and it is expected to expand to 517.26 billion U.S. dollars in 2021 at a growth rate of 13.3%.
This research focuses on the global waste recycling and circular economy market in the following market segments: municipal solid waste (MSW), industrial waste, hazardous waste, WEEE, construction and demolition (C&D) waste, and plastic packaging waste. The research examines the process of sorting waste and turning waste into valuable resources to achieve a more sustainable future while creating new business opportunities for market participants.
The growth is mainly due to strict regulations on waste reuse and recycling, greater material recycling, and the limited amount of waste sent to landfills driven by accelerated digitization, decarbonization, improved efficiency and cost optimization.
The opportunities for the sustainable waste recycling market vary from region to region, with Europe and North America reaching high levels of waste collection, sorting, reuse and recycling.
Important investment areas and major trends in 2021 include intelligent classification based on artificial intelligence, emerging solutions for waste recycling of cardboard and paper packaging, digital sustainability of the supply chain, circular economy for waste oil recycling, and the concept of building materials bank (BAMB) , Chemical recycling of plastic waste, decarbonization and Circular Economy (ITAD) for IT asset disposal.
The definition of 2021 is the continued market response to the COVID-19 pandemic, which means that recycling facilities are still adapting to market fluctuations. Digitization and decarbonization will gain momentum. The company will strive to achieve sustainable development goals and will continue to focus on innovative technologies. The market is pushing to further reduce greenhouse gas emissions, and is exploring all opportunities to make emissions reach net zero and net negative. It is also integrating new business models to transform carbon-intensive companies into circular carbon businesses.
Digital technologies and smart solutions for waste management have been firmly established in the market; however, only highly connected and fully integrated systems that can effectively transform data into valuable information can promote the comprehensive digital transformation of the waste industry and make it more Close to sustainable and circular economy.
The circular supply chain is gaining momentum. With increasing attention to material and product cycles, this affects new production models that close the material procurement cycle and promote cross-industry collaboration and improve the efficiency of reuse, recycling and reuse (these trends). Support of the introduction of advanced technology). The COVID-19 pandemic has significantly changed the volume and material flow of waste (for example, increased production of organic waste and packaging waste, especially paper, cardboard, single-use plastics and WEEE), affecting the entire supply chain and production cycle.
An increasing number of pandemic wastes, especially personal protective equipment wastes such as masks, plastic masks, rubber gloves and safety uniforms, as well as biohazardous wastes generated by medical facilities, have led to the need for special measures needed to deal with potentially contaminated wastes Increase.
5. 2021 Municipal Solid Waste (MSW) Recycling Market Segment Outlook
6. 2021 Industrial Waste Recycling Market Segmentation Market Outlook
7. Prospects for the market segment of hazardous waste recycling market in 2021
8. 2021 WEEE recycling market segmentation outlook
9. 2021 C&D waste recycling market segmentation market outlook
10. 2021 Plastic Packaging Waste Recycling Market Segment Outlook
For more information about this report, please visit https://www.researchandmarkets.com/r/4m7ly8
Research and Marketing Laura Wood, Senior Manager [email protected] Call 1-917-300-0470 during US Eastern Time Office Hours, US/Canada Toll Free 1-800-526-8630 GMT Office Hours, Call 353-1-416-8900 US Fax: 646-607-1907 Fax (Outside the US): 353-1-481-1716
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