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18 Dec 2020  |  North America  |  Market Research

Global Waste Recycling and Circular Economy Market Outlook, 2020

A Year of Continuing Digitalization, Ambitious Sustainability Goals, and Innovative Technologies Is Tempered by Reaction to the COVID-19 Pandemic

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Key Issues Addressed

A sustainable future requires a holistic approach across the entire waste management system. Responding quickly to market fluctuations, redefining growth, investing in innovative solutions and technologies, and focusing on long-term benefits can turn market challenges into business opportunities. Sustainability-minded enterprises and consumers are...

The omnipresent influence of plastics in modern lifestyle has led to the production of about 300 million tons of fossil fuel-based plastics annually, according to the UN. About half of the total plastics produced till date are thrown away after a single use, and about 60% of the waste ends up in landfills or accumulates in the environment. It is pr...

Industries and countries across the world are facing three crucial challenges: waste management, greenhouse gas emissions, and limited resource availability. Sustainably recycling and reusing products (i.e., supply chain circularization) can address these aforementioned challenges. Despite this advantage, the deployment of a circular economy in mos...

The United Kingdom, despite having relatively high rainfall and water availability compared to many other countries, faces water stress primarily because of climate change, which has changed rainfall patterns and caused droughts. During the 2022 drought, some UK water utilities implemented an unprecedented hosepipe ban. Droughts are expected to bec...

Climate change and the rapid pace of urbanization and industrialization have significantly increased water stress and affected the equitable availability of fresh water. This has led to the implementation of policies that favor water conservation and the embrace of solutions that enable the circular economy of water. Another aspect is the diversifi...