The global market revenue for global waste recycling and circular economy is set to increase from $354.7 billion in 2018 to $376.9 billion in 2019.
According to a report by Research and Markets, 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.
This global waste recycling and recovery market outlook study provides an overall update on the global waste recycling market in 2019, covering municipal solid waste (MSW), hazardous (industrial, construction and municipal) and industrial non-hazardous waste, waste electrical and electronic equipment (WEEE), construction & demolition (C&D) waste and plastic waste.
The study provides predictions about waste volumes, revenues and services, and also examines the latest trends that are influencing the market, along with the recycling opportunities for different waste streams. This outlook also features interesting trends that have been changing the way waste management is practiced around the world.