Search results for: 'more based'

17 Sep 2021  |  North America  |  Market Research

US Circular Economy for Lubricants Growth Opportunities

Demand for Sustainable and High-quality Base Oils Drives Future Growth Potential

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The United States accounts for more than 20% of all lubricants consumed globally. It has one of the highest per capita consumption rates of 7.6 gallons per year. Key factors such as high automobile use or ownership and a huge variety of industries contribute to the demand for lubricants. In 2020, total demand for lubricants in the United States rea...

The circular economy approach involves initiatives across material and product life cycles, supporting sustainable resource consumption and waste prevention by assimilating high-tech solutions. The global resource management sector is transitioning toward greater digital technology adoption using disruptive smart technologies and platform-based sol...

The global waste management industry is transitioning toward greater digital technology adoption with the growing availability and deployment of smart solutions such as smart bins and fleet management, cloud computing, customer interfaces, waste tracking systems, and AI robotic sorting. These solutions will significantly improve waste collection, t...

Sustainable living, green environment, zero waste goals, zero carbon emissions, and circular economy are gradually becoming key themes in the agendas of governments and private organizations the world over. As economies progressed with rapid industrialization, globalization, technological innovations, better standards of living and improved consume...

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...

03 Jul 2019  |  Global  |  Market Research

Growth Opportunities in the Circular Economy for Global Electric Vehicle Battery Reuse (Second-life) and Recycling Market, Forecast to 2025

Reuse Currently Dominates the Market with Recycling Expected to Significantly Drive Market Growth from 2021 Onwards

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The global electric vehicle reuse and recycling market stands at $61.5 million as of 2018 and is expected to reach $7809.1 million by 2025, recording a CAGR of 99.8%. The reuse segment is currently in full swing in terms of revenue; however, over the years, recycling of EV batteries is going to gain traction. With escalating metal prices specially ...

23 Jan 2018  |  Global  |  Market Outlook

The Impact of Digital Transformation on the Waste Recycling Industry

Capitalizing on Opportunities in the Emerging Digital Economy

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Key Issues Addressed Key Benefits

Digital transformation has become the new era of business, a ladder in the industrial evolution enabled by the extensive use of smart technologies. In recent years, digital disruptions have been transforming businesses and operating models, reshaping the market potential for companies and, in certain cases, completely changing the frame of an indus...

Latin America faces several waste management problems, with recycling rates that do not exceed 10%, a large number of open-air dumps, high levels of informality in the workplace, and more than 40% of incorrectly managed waste. Finding a solution to this problem is imperative due to new transformative Mega Trends, such as sustainability and the circ...

Asias large population and rapid urbanization have led to vast amounts of municipal solid waste (MSW) generation. Estimated at more than one million tonnes per day, MSW generation in urban Asia is only expected to increase in the coming years. Managing this waste is becoming a problem, with landfilling fast fading as a viable option, since land ava...