Frost Radar™: Mechanical Recycling Technologies in the Circular Economy of Plastic Packaging, 2023

The plastic packaging industry is trying to increase the quality of secondary materials and introduce post consumer recycled content in new packaging to reduce plastic waste. Extended producer responsibility policies among fast-moving consumer goods companies, rising consumer awareness, and sustainability goals such as the European Union target of recycling 55% of plastic packaging waste by 2030 are resulting in the development of a circular polymer economy. Waste recycling companies are staying one step ahead by focusing on innovative sorting and processing technologies, industry collaboration, and digitalization of processes.

Frost & Sullivan analyzes numerous companies in an industry. Those selected for further analysis based on their leadership or other distinctions are benchmarked across 10 Growth and Innovation criteria to reveal their position on the Frost Radar™. The publication presents competitive profiles of each company on the Frost Radar™ considering their strengths and the opportunities that best fit those strengths.