|Global Waste Recycling and Circular Economy Market Outlook, 2019|
|Sustainability Goals, Innovative Technologies and Value-added Services will Characterise this $376.9 Billion Market|
Innovative business models such as deposit return scheme, secondary storage of EV batteries and the retail take-back for hazardous waste management, followed by disruptive applications like recycling of lithium-ion (Li-ion) batteries without the use of chemical solvents, composite plastic separation, etc., will drive the waste recycling market in 2019. The waste import ban imposed by several Southeast Asian countries will serve as a driver for new opportunities in countries that were previously exporting their waste. Further, the waste landfill reduction targets set by many countries will act as a critical driver for recycling and reprocessing different kinds of waste. Moreover, these recycling and landfill targets will enable many countries to invest in waste recycling technologies and solutions.
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