E-Waste Recycling and Reuse Services Global Market Report 2023 – By Source Type (Household Appliances, Consumer Electronics, Industrial Electronics), By Material (Metal, Plastic, Glass, Other Materials), By Application (Trashed, Recycled) – Market Size, Trends, And Global Forecast 2023-2032

E-scrap recycling refers to reprocessing and re-use of electronic wastes. It is a process that seeks to recover material from the electronic waste and in a way, user can use them in new electronic products. The various products involved in e-scrap recycling are IT and telecom equipment, small household appliances, large white goods, consumer electronics, and others. IT and telecom equipment mean computer hardware, software, servers and ancillary equipment, telephones and other telecommunications products, office products such as photocopiers and fax machines, or other technology or equipment that is used in the creation, conversion, or duplication of data or information. The different processed materials include metal, glass, plastic, and others that are used in several applications such as dealing materials, and recycling materials. The global E scrap recycling market is segmented - 1) By Product: IT and Telecom Equipment, Small Household Appliances, Large White Goods, Consumer Electronics, Other Products 2) By Processed Material: Metal, Glass, Plastic, Other Processed Materials 3) By Application: Dealing Materials, Recycling Materials The global e-scrap recycling market size grew from $7.77 billion in 2022 to $8.71 billion in 2023 at a compound annual growth rate (CAGR) of 12.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of global e-scrap recycling is expected to grow to $13.05 billion in 2027 at a CAGR of 10.6%. The growing usage of electronic products is expected to propel the e-scrap recycling market growth going forward. Electronic product means any manufactured product or device or part of such a product or device that has an electronic circuit. The need for electronic equipment has increased significantly as a result of technological improvements which makes tons of electronic scraps or electronic waste which can be recycled to reduce carbon footprints and better environmental condition. Computer monitors, motherboards, cell phones and chargers, CDs, headphones, television sets, air conditioners, and refrigerators are examples of common electronic garbage (e-waste). For instance, according to Invest India, an India-based national investment promotion and facilitation agency that helps investors looking for investment opportunities and options in India, in 2020, the global market for electronic devices was worth $2.9 Tn. Furthermore, The Consumer Technology Association (CTA), a US-based standard and trade organization representing 1,376 consumer technology companies in the United States, projected that the consumer technology industry to generate over $505 billion in retail sales revenue for the first time, the projection also represents a 2.8% revenue increase from the 2021’s impressive 9.6% growth over 2020. Therefore, the growing usage of electronic products is driving the growth of the e-scrap recycling market. Major players in the e-scrap recycling market are JX Nippon Mining & Metals Corporation, Enviro-Hub Holdings Ltd., Umicore N.V, Tetronics Environmental Waste Treatment, Stena Metall AB, DOWA HOLDINGS Co., ERI, and Sims Metal Management Limited, Boliden Group, Aurubis AG, Ecoreco Ltd., Electronic Recyclers International, MBA Polymers Inc., Grand Metal Corporation, Global Electric Electronic Processing Inc., and Quantum Lifecycle Partners. Technological Advancements are a key trend gaining popularity in the e-scrap recycling market. Major companies operating in the e-scrap recycling market are focused on developing new technological solutions to strengthen their position. For instance, in September 2022, ANDRITZ, an Austria-based technology group that provides plants, systems, equipment, and services for various industries, launched shredder technology that enables sustainable recycling of e-scrap. The new ADuro G-1600S granulator is equipped with additional wear protection for a higher lifetime. The machine can be maintained easily, reducing downtimes to a minimum and thus achieving higher production. The granulator replaces the existing machine from another supplier. In February 2022, Quantum Lifecycle Partners LP, a Canada-based I.T. asset disposition (ITAD) and electronics recycling service provider acquired TechReset, for an undisclosed amount. Through this acquisition Quantum is poised to deliver greater value, leading to a more sustainable future through the additional reuse and recycling of electronics along with increased end-user asset sales. This is acquisition expected to further bolsters Quantum’s position in the Canadian ITAD space, paving the way for accelerated growth. TechReset is a Canada-based company that specializes in safe e-waste disposal and computer recycling. Europe was the largest region in the e-scrap recycling market in 2022. The regions covered in the global e-scrap recycling market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the e-scrap recycling market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The e-scrap recycling market includes revenues earned by entities by recycling various e-scrap and recover the resources (e.g., electric cookers and radios). E-scrap is short for electronic waste and it is the trash generated from broken, obsolete, and the surplus electronic devices. E-scrap recycling helps recover valuable materials from the electronic products that are either old or no longer used. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The e-scrap recycling market research report is one of a series of new reports from The Business Research Company that provides e-scrap recycling market statistics, including e-scrap recycling industry global market size, regional shares, competitors with e-scrap recycling market share, detailed e-scrap recycling market segments, market trends, and opportunities, and any further data you may need to thrive in the e-scrap recycling industry. This e-scrap recycling market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Metal recycling is the process of removing waste metal, preparing it, and creating new metal material. This recycled metal can be utilised to make metal products, which can then be recycled once used or not needed. The metal recycling equipment are used to recycle metals. The main metal recycling equipment machine types include shredders, briquetting machines, shears, and granulating machines. Metal recycling shredders are used for processing a wide range of metal scraps. Metal shredders are utilized in metal recycling applications to reduce waste to a uniform shape and size for separation and further processing. The different types of materials include metal, ferrous, non-ferrous, alloys, and composites used in a variety of applications such as automotive, building and construction, shipbuilding, equipment manufacturing, packaging, and consumer appliances. The global metal recycling equipment market is segmented - 1) By Machine Type: Shredders, Briquetting Machines, Shears, Granulating Machines 2) By Material Type: Metal, Ferrous, Non-Ferrous, Alloys And Composites 3) By Application: Automotive, Building And Construction, Ship Building, Equipment Manufacturing, Packaging, Consumer Appliances The global metal recycling equipment market size grew from $6.23 billion in 2022 to $6.7 billion in 2023 at a compound annual growth rate (CAGR) of 7.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The market size of the global metal recycling equipment is expected to grow to $8.82 billion in 2027 at a CAGR of 7.1%. Increasing government regulations on waste management and recycling across the globe are driving the growth of the metal recycling equipment market. Metals such as aluminium and copper can be recycled to save a lot of energy and natural resources. It also helps to reduce greenhouse gases such as carbon dioxide, carbon monoxide, and nitrous oxide. Environmental protection agencies (EPA) are working with environmental officials and governments around the world on waste management and recycling. For example, in 2021, the government of India announced a Metal Recycling Authority to promote organised recycling of key non-ferrous metals such as aluminum, copper, zInc., and lead. The authority will oversee the formulation of quality standards, certification, and process standards for recycling. Thus, increasing government regulations on waste management and recycling are contributing to the growth of the market. Major players in the metal recycling equipment market are Hitachi Construction Machinery Co., Ltd., Metso Corporation, Nucor Corporation, CP Manufacturing Inc., JMC Recycling Systems Ltd., Green Machine Sales LLC, Zato srl, Commercial Metals Company, Aurubis AG, SMIS Metal Management Limited, European Metal Recycling Limited, ArcelorMittal S.A., American Baler Company, Marathon Equipment, and General Kinematics India Pvt Ltd. Continuous research and development is a key trend gaining popularity in the metal recycling equipment market. For instance, in 2021, Japan-based manufacturer of cement products, copper and aluminium products, Mitsubishi Materials Corporation, has begun joint research with metal recycling company, Emulsion Flow Technologies Ltd. (EFT), on metal recycling technology utilising the emulsion-flow technique, which is an updated solvent extraction method. Emulsion-flow is a solvent extraction method that allows for high-efficiency metal extraction and a significant reduction in environmental impact. The technology offers ease of size reduction of equipment and automation of control, has low running costs, and high oil/water separation ability, offering reduced environmental impact. In May 2020, Aurubis AG, a Germany-based copper smelting and refining facility operator, acquired Metallo Group for €380 million ($418 million). The deal strengthens Aurubis’ metal portfolio, especially in the key metals of copper, nickel, tin, zInc., and lead. Metallo is a Germany-based technology company that recycles materials with low metal content. Asia-Pacific was the largest region in the metal recycling equipment market in 2022 and is also expected to be the fastest-growing region in the forecast period. The regions covered in the metal recycling equipment market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the metal recycling equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The metal recycling equipment market consists of sales of balers, shears, shredders, chip briquetting machine. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The metal recycling equipment market research report is one of a series of new reports from The Business Research Company that provides metal recycling equipment market statistics, including metal recycling equipment industry global market size, regional shares, competitors with a metal recycling equipment market share, detailed metal recycling equipment market segments, market trends and opportunities, and any further data you may need to thrive in the metal recycling equipment industry. This metal recycling equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.

The recyclable packaging are used for enclosing or protecting products for distribution, storage, sale, and use with recyclable materials such as glass, metal, card, paper, corrugated cardboard, and others. The recyclable packaging products help reduce carbon footprint and have numerous advantages including the conservation of raw resources, the reduction of production energy, and the reduction of greenhouse gas emissions. The recyclable packaging can be reused, recycled, or is biodegradable which allows for easier waste management. The main types of recyclable packaging include paper and cardboard, bubble wrap, void-fill packing, and pouches and envelopes. Carboard refers to heavy-duty thick-sheets of paper, which are used in the manufacturing of boxes and signs. The various types of materials used in recyclable packaging include glass, paper, plastic, tinplate, wood, aluminum, biodegradable plastics, and recycled papers. The industries utilizing recyclable packaging include industries such as healthcare, food and beverage industry, and personal care. The global recyclable packaging market is segmented - 1) By Type Of Packaging: Paper and Cardboard, Bubble Wrap, Void-fill Packing, Pouches and Envelopes 2) By Material type: Glass, Paper, Plastic, Tinplate, Wood, Aluminum, Biodegradable Plastics, Recycled Papers 3) By End Use Industry: Healthcare Industry, Food and Beverage Industry, Personal Care Industry The global recyclable packaging market size grew from $28.33 billion in 2022 to $30.11 billion in 2023 at a compound annual growth rate (CAGR) of 6.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of the global recyclable packaging is expected to grow to $36.14 billion in 2027 at a CAGR of 4.7%. Increasing stringent regulations for adopting recycling packaging materials is expected to propel the growth of the recyclable packaging market going forward. The government across the globe are implementing stringent regulations for the adoption of recyclable packaging materials to reduce the landfill of plastics, maintain effective waste management, and generate sustainable business practices. For instance, in January 2022, the Food Safety and Standards Authority of India (FSSAI), proposed the usage of recycled plastic under Section 16 (5) of the Food Safety and Standards Act, 2006. Therefore, increasingly strict rules for adopting recycling packaging materials are expected to boost the demand for recyclable packaging during the forecast period. Major players in the recyclable packaging market report are Amcor PLC., Tetra Laval, Ardagh Group SA, Ball Corporation, Elopak AS, Emerald Packaging, PlastiPak Holdings Inc., Sealed Air Corporation, Uflex Limited, WestRock Company, Be Green Packaging, Crown Holdings, Inc., WestRock, DS Smith plc, DuPont de Nemours, Ranpak Corp, Biopac UK Ltd., American Packaging Corporation, and APP (Asia Pulp & Paper). Eco-friendly packaging has emerged as a key trend in the recyclable packaging market. Eco-friendly packaging is biodegradable recyclable, reusable, non-toxic, and constructed from recycled items. The use of eco-friendly packaging decreases carbon footprint and promotes green living that helps to conserve energy and also prevents air, water, and noise pollution. For instance, in April 2020 P&G (Procter & Gamble), an American multinational consumer goods corporation started opting n eco-friendly packaging. Brands such as Old Spice and Secret sporting started new eco-friendly packaging for their deodorant products. In May 2022, Smurfit Kappa, a UK based corrugated packaging manufacturing company acquired Atlas Packaging for an undisclosed amount. This acquisition further strengthens Smurfit Kappa’s ability to service the UK market and their customers with innovative and sustainable packaging solutions. Atlas Packaging is a UK-based sustainable corrugated packaging manufacturer. Western Europe was the largest region in the recyclable packaging market in 2022. Asia-Pacific is expected to be the fastest-growing region in the recyclable packaging market share during the forecast period. The regions covered in the recyclable packaging market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the recyclable packaging market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The recyclable packaging market consists of sales of biodegradable packaging, corrugated bubble wrap and cornstarch packaging. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The recyclable packaging market research report is one of a series of new reports from The Business Research Company that provides recyclable packaging market statistics, including recyclable packaging industry global market size, regional shares, competitors with a recyclable packaging market share, detailed recyclable packaging market segments, market trends and opportunities, and any further data you may need to thrive in the recyclable packaging industry. This recyclable packaging market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Recycled plastic is defined as plastic that has undergone decontamination as part of the recycling process, as well as plastic that has undergone further post-processing but has not yet been converted into recycled plastic products. It involves collecting used plastic waste and turning it into brand-new, functional plastic items. More than a trillion pounds of plastic are produced and used globally. This enormous volume of plastic is recycled to guarantee that it is not wasted. The recycled plastics are used in the manufacturing of containers for beauty products, new plastic bottles, and durable plastics such as plant holders. The main types of recycled plastics are polyethylene terephthalate, polyvinyl chloride, polyethylene, polypropylene, polystyrene, and others. Polyethylene terephthalate is used for the manufacturing of shopping bags, videotapes, water bottles, etc. Polyethylene terephthalate is a condensation polymer of terephthalic acid and ethylene glycol. The different sources include plastic bottles, plastic films, plastic foams, plastic fibers, and others that are used in packaging, textiles, automotive, building and construction, electrical and electronics, and other applications. The global recycled plastics market is segmented - 1) By Type: Polyethylene Terephthalate, Polyvinyl Chloride, Polyethylene, Polypropylene, Polystyrene, Other Types 2) By Source: Plastic Bottles, Plastic Films, Plastic Foams, Plastic Fibers, Other Sources 3) By Application: Packaging, Textile, Automotive, Building And Construction, Electrical And Electronics, Other Applications The global recycled plastics market size grew from $50.07 billion in 2022 to $52.94 billion in 2023 at a compound annual growth rate (CAGR) of 5.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global recycled plastics is expected to grow to $64.05 billion in 2027 at a CAGR of 4.9%. The rising awareness among investors regarding environmental protection is expected to propel the growth of the recycled plastics market going forward. Environmental protection is any action taken to preserve or improve the quality of environmental media by preventing pollution from entering them or reducing their presence there. The use of recycled plastics would be an alternative to protect the environment since, instead of discarding, the plastic would be utilized or recycled for further use. For instance, according to a study named 'Consumer Passion For The Environment Grows As A Result Of The Pandemic', conducted by Mastercard Inc., a US-based financial services corporation among 24 countries and featuring 25,519 adults from respective countries between January 19th and March 5th, 2021, it has been found that 58% of adults are more aware of their environmental impact and 85% are prepared to take personal action to address environmental and sustainability issues in 2021. Therefore, the rising awareness among investors regarding environmental protection is expected to propel the growth of the recycled plastics market going forward. Major players in the recycled plastics market are Rethmann Se & Co. Kg., Biffa Waste Services Ltd., Stericycle Inc., Veolia India Private Limited, Jayplas Limited, KW Plastics, MBA Polymers Inc., Waste Connections Inc., Clean Harbors Inc., Suez India Private Limited, Plastic Recycling Inc., UltrePET LLC, KW Plastics Inc., and Greenotech Recycling Private Limited. Technological advancements are a key trend gaining popularity in the recycled plastics market. Major companies operating in the recycled plastics market are focused on developing new technological solutions to strengthen their position in the market. For instance, in September 2021, Sumitomo Chemical Co., Ltd., a Japan-based chemical company, launched MeguriTM, a new brand for plastic products obtained through recycling technology. MeguriTM refers to a range of recycled plastic items made using chemical or material recycling techniques, including acrylic resin (PMMA, poly-methyl-methacrylate), polyethylene, and polypropylene. It embodies Sumitomo Chemical's founding principle of resolving social challenges through its business activities by representing a circular economy for resources, a circle of people, and circling back to the origin. In April 2022, MOL PLC., a Hungary-based oil and gas company, acquired ReMat Zrt for an undisclosed amount. With this acquisition, MOL would be able to create specialized virgin and recycled solutions to meet the rising demand of its clients for circular materials and MOL's ambition to dominate Central and Eastern Europe's low-carbon circular economy. ReMat Zrt is a Hungary-based company operating in the plastics product manufacturing industry and specializing in plastics recycling, using plastic waste from communal and industrial sources. Asia-Pacific was the largest region in the recycled plastics market in 2022. North America is expected to be the fastest-growing region in the recycled plastics market share during the forecast period. The regions covered in the recycled plastics market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the recycled plastics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The recycled plastic market consists of sales of high-density polyethylene (HDPE) and low-density polyethylene (LDPE). Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The recycled plastics market research report is one of a series of new reports from The Business Research Company that provides recycled plastics market statistics, including global market size, regional shares, competitors with a recycled plastics market share, detailed recycled plastics market segments, market trends and opportunities, and any further data you may need to thrive in the recycled plastics industry. This anomaly detection market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Polyethylene terephthalate (PET) is a recyclable plastic resin. It is actually a polyester, created by the mixture of two monomers, namely, modified ethylene glycol and purified terephthalic acid. PET is often recycled into new PET containers, carpet, clothing, protective packaging, industrial strapping, automotive parts, construction materials, tennis balls, and tennis ball canisters. The main types of recycled polyethylene terephthalate are clear and colored. The term "clear recycled polyethylene terephthalate" refers to clear PET plastic, which is the most widely recycled plastic in the world. The recycled polyethylene terephthalate is used in various applications such as fiber, sheet and film, strapping, food & beverage containers and bottles, and non-food containers and bottles. They are used by the packaging, electrical and electronics, automotive, and construction industries. The global recycled polyethylene terephthalate market is segmented - 1) By Product: Clear, Colored 2) By Application: Fiber, Sheet and Film, Strapping, Food & Beverage Containers and Bottles, Non-Food Containers and Bottles 3) By End-Use Industry: Packaging, Electrical & Electronics, Automotive, Construction The global recycled polyethylene terephthalate market size grew from $9.01 billion in 2022 to $9.81 billion in 2023 at a compound annual growth rate (CAGR) of 8.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global recycled polyethylene terephthalate is expected to grow to $13.67 billion in 2027 at a CAGR of 8.7%. The increase in demand for sustainable packaging solutions is driving the growth of the recycled polyethylene terephthalate market. According to Placon, the leading designer and manufacturer of plastic thermoforming and injection-molded packaging, the coming decade will see the collection of post-consumer beverage bottles reach close to 100%. Recycling is critical to a sustainable future as it delivers fewer greenhouse gases and generates less waste. Global brands are including more and more recycled content in their packaging to meet consumer demands. The most popular and widely used brands, like Coca-Cola, PepsiCo, Unilever, Danone, and Nestle, have all made commitments to include up to 100% recycled plastic in their packaging. These companies recognize the value of PET, not just from an economical standpoint but also from a holistic sustainability standpoint. Major players in the recycled polyethylene terephthalate market report are Placon Corporation, Verdeco Recycling Midwest Inc., Montello Spa, Antares Chem Private Limited, Indorama Ventures Public Company Limited, Zhejiang Anshun Pettechs Fibre Co. Ltd., PolyQuest Inc., Evergreen Plastics, Phoenix Technologies Ltd., M&G Chemicals S.A, LIBOLON, Clear Path Recycling LLC, BariQ, M&G Chemicals S.A., and OCTAL. Technology advancement activities are a key trend gaining popularity in the recycled polyethylene terephthalate market, such as PET, the XTREME Renew process, and others. Innovative recycling and recovery techniques and technologies have enormous economic value in transforming post-use and difficult-to-recycle plastic. They can be converted into their original building blocks that can be continually reintegrated into supply chains as feedstocks for new plastics and chemicals, other raw materials for manufacturing, and lower-environmental-footprint transportation fuels. Advanced recycling can handle impurities, contamination, mixed polymers, and low-quality, low-density plastics. Other than these printing wastes, manufacturers also utilize PET waste from other streams for this purpose, thus lowering material costs. In 2021, LiquiGlide technology was adopted that removes friction, allowing thick, slow-moving liquids to flow more easily. This was used by Colgate's new clear PET toothpaste container. In June 2021, Indorama Ventures Sustainable Recycling (IVSR), based out of Asheboro, North Carolina, United States, the largest producer of food-grade recycled pellets (Recycled Polyethylene Terephthalate) in the U.S., announced the acquisition of Texas PET recycling facility Carbonlite Holdings LLC. This acquisition deal expands IVSR's recycling capacity to ten billion beverage bottles a year, moving it closer to its global target of recycling 50 billion bottles. Carbonlite Holdings LLC is the world’s largest recycler of plastic beverage bottles. It processes more than 7 billion bottles annually at its facilities in Dallas. Carbonlite Holdings LLC is headquartered in Los Angeles, California, in the United States. Asia-Pacific as the largest region in the recycled polyethylene terephthalate market in 2022. Asia-Pacific is expected to be the fastest-growing region in the recycled polyethylene terephthalate market share the during the forecast period. The regions covered in the recycled polyethylene terephthalate market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the recycled polyethylene terephthalate market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The recycled polyethylene terephthalate market consists of sales of recycled polyethylene terephthalate flakes and chips. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.  The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The recycled polyethylene terephthalate market research report is one of a series of new reports from The Business Research Company that provides recycled polyethylene terephthalate market statistics, including recycled polyethylene terephthalate industry global market size, regional shares, competitors with a recycled polyethylene terephthalate market share, detailed recycled polyethylene terephthalate market segments, market trends and opportunities, and any further data you may need to thrive in the recycled polyethylene terephthalate industry. This recycled polyethylene terephthalate market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Battery recycling refers to the method of reusing and reprocessing batteries in order to reduce the number of batteries being disposed as waste. Recycling can assist in extracting the raw ingredients from used batteries and sending them to businesses that manufacture products for reuse. This reduces the price of fresh batteries as well. The main types of batteries that are recycled include lead-acid battery, nickel-based battery, lithium-based battery and other battery types. Lead acid batteries are charged continuously from the power grid and are normally designed to provide power for brief periods of time to allow the facility to properly shut down equipment. Lead-acid batteries are extremely recyclable, achieving recycling rates of more than 90% in many countries. Nickel-based batteries have a positive electrode of nickel hydroxide and a negative electrode of cadmium and offer good performance in high ambient temperatures, good resistance to electrical use as they can be left in a discharged state for long periods without causing any permanent damage. Lithium-based batteries have a lithium metal oxide cathode and a carbon anode with an organic electrolyte and has the highest energy density of all rechargeable systems. The high capacity of active materials and a single cell voltage makes the battery suitable for a number of applications, ranging from high energy to high power. The processing states involved in battery recycling include extraction of material, reuse, repackaging and second life, and disposal, and this is used to recycle batteries from automotive, consumer electronics, industrial sectors. The global battery recycling market is segmented - 1) By Type: Lead-Acid Battery, Nickel-Based Battery, Lithium-Based Battery, Other Battery Types 2) By Processing State: Extraction Of Material, Reuse, Repackaging And Second Life, Disposal 3) By Application: Automotive, Consumer Electronics, Industrial, Other Applications The global battery recycling market size will grow from $15.45 billion in 2022 to $17.6 billion in 2023 at a compound annual growth rate (CAGR) of 13.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global battery recycling is expected to grow to $29.61 billion in 2027 at a CAGR of 13.9%. The increasing adoption of electric vehicles is expected to drive the growth of the battery recycling market in the forecast period. Electric vehicles (EV) are automobiles which are completely or partially powered by electricity. Disposing an electric vehicle battery is expensive, particularly if the waste contains valuable materials. Recycling is an opportunity to minimize life cycle costs by recovering high-value materials and avoiding the expense of hazardous waste disposal. With the growth in EV sales, the number of lithium-ion batteries in the market increases. The limited life of these batteries requires an effective recycling medium in order to stabilize domestic source of materials for battery production, reduce the demand for raw materials and minimize geopolitical disruptions of the supply chain. After a period of 5-8 years the power generated by these batteries is not enough for the EV, but it can be used in other low-grade applications such as in households, energy backups, renewable energy storage and off-peak energy storage. Recycling EV batteries also helps recover the metals - cobalt, lithium, nickel, and others, which can then be used for manufacturing new batteries, saving resources and cost of production. According to International Energy Agency, global electric vehicle sales are projected to reach 125 million by 2030. Therefore, the increasing adoption of electric vehicles propels the growth of the battery recycling market. Major players in the battery recycling market are Li-Cycle, Battery Solutions, LLC, Exide Technologies, Umicore, Aqua Metals, Inc., Gravita India Limited, Exide Industries Ltd., ECOBAT Logistics, East Penn Manufacturing Company, ENERSYS, Fortum Oyj, Accurec Recycling GmbH, Eco-Bat Technologies Ltd., Terrapure Environmental, Brunp Recycling, and Anhua Taisen Recycling Technology. Major companies operating in the battery recycling market are entering into strategic collaborations to improve know how and enhance battery recycling efficiency. For instance, in 2021, UK based sustainable technologies company, Johnson Matthey partnered with Sweden based leading recycler of industrial waste and end of life products, Stena Recycling Group, to develop an efficient value chain for the recycling of lithium-ion batteries and cell manufacturing materials in Europe. For instance, in July 2022, Volkswagen Group of America, a subsidiary of Germany-based Volkswagen Group, partnered with a US-based battery recycling startup, Redwood Materials to create supply chain for EV battery recycling. The partnership is expected to establish a supply network for recycling Volkswagen and Audi electric vehicle batteries in the US with the aim of giving American drivers more affordable and environmentally friendly access to electric mobility. In January 2020, Fortum, a Finland based electric services company acquired CrisolteQ Oy for an undisclosed amount. This acquisition strengthens the position of Fortum in recycling high value metals in lithium-ion batteries in Europe. CrisolteQ Oy is a Finland based company that is a specialist in metal recycling. The company uses a low-CO2 hydrometallurgical recycling process for achieving 80% recycling rate for lithium-ion batteries. North America was the largest region in the battery recycling market in 2022. The regions covered in the battery recycling market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the battery recycling market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The battery recycling market includes revenues earned by entities by reducing the number of batteries disposed of improperly. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The battery recycling market research report is one of a series of new reports from The Business Research Company that provides battery recycling market statistics, including battery recycling industry global market size, regional shares, competitors with a battery recycling market share, detailed battery recycling market segments, battery recycling market trends and opportunities, and any further data you may need to thrive in the battery recycling industry. This battery recycling market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The EV battery recycling refers to the process of recycling the batteries of electric vehicles. Lithium-ion batteries are the common type of batteries that are used in electric vehicles (EVs), and recycling of these batteries is done to reclaim the crucial minerals such as lithium, cobalt, manganese, and nickel. These minerals are further used to produce new batteries. The main types of EV battery recycling are lead-acid batteries, lithium-based batteries, and others. The lead-acid battery refers to rechargeable batteries that have a small energy-to-volume ratio and a very low energy-to-weight ratio. They have a low energy density, a long life, and are cost-effective. The recycling of these batteries involves the extraction of lead metal from the batteries and is a rigorous process. Advanced high-power lead-acid batteries are being developed for use in commercial electric vehicles. The various processes include pyrometallurgical, hydrometallurgical, and others, which are used in various vehicle types such as passenger cars and commercial vehicles. The various applications include electric cars, electric buses, energy storage systems, and others. The global ev battery recycling market is segmented - 1) By Battery Type: Lead-Acid Battery, Lithium-Based Battery, Other Battery Types 2) By Process: Pyrometallurgical, Hydrometallurgical, Other Processes 3) By Vehicle Type: Passenger Cars, Commercial Vehicles 4) By Application: Electric Cars, Electric Buses, Energy Storage Systems, Other Applications The global ev battery recycling market size will grow from $1.77 billion in 2022 to $2.34 billion in 2023 at a compound annual growth rate (CAGR) of 32.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global ev battery recycling is expected to grow to $6.73 billion in 2027 at a CAGR of 30.2%. An increase in the sales of electric vehicles (EV) is expected to propel the growth of the EV battery recycling market going forward. EVs are vehicles that are either partially or fully powered by electricity and contain a battery that powers an electric motor. EV batteries contain critical minerals that can be reclaimed through recycling of end-of-life EV batteries and used for manufacturing new batteries that are used in electric vehicles. For instance, according to the International Energy Agency, a France-based autonomous intergovernmental organization, global sales of EVs that include fully electric and plug-in hybrids reached 6.6 million units in 2021. Also, the total number of EVs on the roads worldwide stood at 16.5 million in the year 2021. Therefore, the increase in the sales of electric vehicles is driving the demand for the growth of the EV battery recycling market. Major players in the EV battery recycling market are Accurec Recycling Gmbh, American Manganese Inc., Umicore, Li-Cycle Corp., G & P Batteries, Recupyl, Retriev Technologies, Sitrasa, Floridienne (Snam S.A.S.), Redwood Materials, Attero Recycling, Australian Battery Recycling Initiatives, TES-Amm, Gravita India Ltd., Ziptrax Cleantech, Lohum Cleantech, and ACE Green Recycling Inc. The emergence of new processes is a key trend gaining popularity in the EV battery recycling market. Major companies operating in the EV battery recycling sector are developing new and innovative processes to recover valuable battery minerals. For instance, in March 2022, Ascend Elements, a US-based manufacturer of advanced battery materials, and Koura, a US-based manufacturer of fluoroproducts have jointly developed a new process, called Hydro-to-Anode that can recover 99.9% pure graphite from the used batteries. The quality of the recovered graphite is at par with virgin graphite, and it can be used for manufacturing new batteries. The use of this process is cost effective and enables economical recycling of lithium-ion (Li-ion) batteries, and also minimizes the need for mining new materials. In March 2022, Retriev Technologies, a US-based lithium battery recycling, and management company acquired Battery Solutions for an undisclosed amount. This acquisition is expected to expand Retriev Technologies' expertise in the area of the battery-centric logistics network, cross-chemistry collection, and end-of-life battery sorting services. Also, it will enable Retriev in expanding the current offerings of the company and expanding its footprint in the US market. Battery Solutions is a US-based battery recycling management company. Asia-Pacific was the largest region in the EV battery recycling market in 2022. The regions covered in the global EV battery recycling market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the EV battery recycling market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The EV battery recycling market includes revenues earned by entities by nickel-metal hydride batteries and ultracapacitors. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The EV battery recycling market research report is one of a series of new reports from The Business Research Company that provides EV battery recycling market statistics, including EV battery recycling industry global market size, regional shares, competitors with an EV battery recycling market share, detailed EV battery recycling market segments, market trends and opportunities, and any further data you may need to thrive in the EV battery recycling industry. This EV battery recycling market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Waste recycling services refers to any recovery operation by which waste materials are reprocessed into products, materials or substances whether for the original or other purposes. Waste recycling involves the process of collecting and reprocessing waste materials through various technologies to clean and turn them into new reusable products. Recycling waste provides several advantages, including reducing waste transported to landfills and incinerators, preventing pollution, conserving natural resources, conserving energy, creating jobs, and generating economic benefits. The main types of waste in the waste recycling services market are compost and food waste, glass and fiberglass, metal scraps, waste paper, and others. Food and compost waste recycling generally involve reprocessing materials such as eggshells, banana skin, and more to make them reusable as a good quality soil improver or fertilizer and even generate electricity that will go back to the national grid. These have applications in various areas such as municipal, agricultural, construction, industrial, and other applications. The services provided are collection and disposable services. The global waste recycling services market is segmented - 1) By Waste Type: Compost and Food Waste, Glass and Fiberglass, Metal Scraps, Waste Paper, Other Types 2) By Application: Municipal, Agricultural, Construction, Industrial, Other Applications 3) By Service: Collection Service, Disposable Service The global waste recycling services market size will grow from $54.75 billion in 2022 to $57.69 billion in 2023 at a compound annual growth rate (CAGR) of 5.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global waste recycling services is expected to grow to $71.39 billion in 2027 at a CAGR of 5.5%. The growing awareness about plastic pollution is driving the growth of the waste recycling services market. Plastic pollution is the buildup of synthetic plastic items in the environment to the point that they pose a threat to animals and their habitats, as well as human populations. This pollution causes the planet to degrade posing many problems such as global warming and other climatic changes. Governments of various countries are launching new schemes and policies to reduce the use of plastic and create awareness of plastic pollution. For instance, in March 2021, the Union environment ministry of India proposed to ban the manufacturing, use, sale, import, and handling of particular single-use plastic goods across the country from 2022. Such policies are creating awareness of pollution thereby driving the growth of the market. Major players in the waste recycling services market are ADS Waste Holdings, Casella Waste Systems, China Recycling Development, Clean Harbors, Covanta Holding, Eurokey Recycling Ltd., Interface Inc., Kayama, Northstar Recycling, Parc, Remondis, Republic Services, Rubicon Global, DOWA ECO-SYSTEM, Fetzer Vineyards, KUMASEI, and Tsuneishi Kamtecs. The technological developments in waste recycling is shaping the waste recycling services market. Recent technological advancements help turn waste into power, industries make use of their waste and with biogas convert it into usable energy. Plasma arc recycling helps recover a vast majority of the metal found in vehicles or other objects with the help of a super-hot plasma torch. For instance, in September 2021, Sensoneo, a Europe-based waste management services, and solution company launched a waste level smart sensor. Sensoneo Smart sensors use ultrasonic beams to assess fill levels in bins. These sensors can detect any form of garbage (mixed waste, paper, plastics, glass, textiles, bio-waste, liquids, electronics, and metal) in a variety of bins and containers. In October 2020, Recycle Track Systems, Inc., (RTS), a US-based waste management company announced the acquisition of Industrial Organic PBC for an undisclosed amount. This acquisition helps RTS further strengthens its focus on advancing sustainability initiatives in materials management. Industrial Organic PBC is a US-based recycling company that converts food scraps into a high-value resource. North America was the largest region in the waste recycling services market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the waste recycling services market analysis rqeport are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the waste recycling services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The waste recycling services market includes revenues earned by entities by providing services such as plastic recycling, metal recycling, wood recycling, glass recycling, and WEEE recycling. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The waste recycling services market research report is one of a series of new reports from The Business Research Company that provides waste recycling services market statistics, including waste recycling services industry global market size, regional shares, competitors with a waste recycling services market share, detailed waste recycling services market segments, market trends and opportunities, and any further data you may need to thrive in the waste recycling services industry. This waste recycling services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.