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Developing sustainable technologies to create a circular economy for plastics has become increasingly important in industry over the past few years. Increasing customer awareness of the environmental impact of polymers with lifespans of several hundreds of years, as well as a global shift in attitudes towards carbon dioxide emissions from the use of petrochemicals to create new plastics, has resulted in renewed focus on polymer recycling and waste management technologies.
However, existing technologies have relied upon mechanically sorting and melting plastic waste, which frequently result in "down-cycling" of materials due to high levels of contamination. The issues with current recycling processes are so severe that countries like China who were previously mass importers of waste for recycling have closed their doors, throwing the world of recycling into chaos and driving Western nations to look for alternative technologies for recycling the growing mountain of plastic waste. Technologies such as thermal pyrolysis or catalytic depolymerisation could be part of the solution, allowing unrecyclable plastics to be converted into fuels and chemical feedstocks. But will these technologies ever be cheap or functional enough to become viable solutions?
Technology and applications
In 2020, the range of technologies to recycle polymer waste is growing rapidly. Polymer recycling technologies 2020-2030 takes an in-depth look into the diverse range of leading-edge companies developing new technologies to process polymer waste. In-depth assessments of the latest technologies are provided, with focus on chemical recycling, including depolymerisation, pyrolysis, gasification and solvent extraction. Furthermore, this report cuts through the marketing hype to offer a detailed insight into some of the foremost polymer recycling technology suppliers leading global innovation and bringing potentially disruptive products to market.
Market analysis
This report provides an overview of the technological advancements in polymer recycling to date, a comprehensive insight into the drivers and restraints affecting adoption and implementation at scale, and provides case studies and SWOT analyses for the most prolific disrupters developing novel polymer recycling technologies. IDTechEx conducted exhaustive primary research with companies across a range of industries developing polymer recycling technologies for key insights into the drivers and restraints affecting the growth of this technology.
Key questions answered in this report
- Who are the key players developing new technologies for polymer recycling?
- What are the types of new technologies being developed?
- Which polymers are being actively targeted and why?
- How do new recycling technologies feed into the polymer value chain?
- What are the key drivers and restraints of market growth?
- How can mechanical recycling be disrupted by new polymer recycling technologies?
- How will revenues from new polymer recycling technologies evolve from 2020-2030?
Global Revenues from Polymer Recycling by Process
Source - IDTechEx
Polymer ReUS$ 5,995