Global Plastics and Composites Market Report 2021 - Convergence and Collaboration to Usher Circular Economy in the Industry
Dublin, March 30, 2021 (GLOBE NEWSWIRE) -- The "Convergence and Collaboration to Usher Circular Economy in the Plastics and Composites Industry" report has been added to ResearchAndMarkets.com's offering.
'Convergence and Collaboration to Usher Circular Economy in the Plastics and Composites Industry,' focuses on what companies in the plastic and composite industries are doing to achieve a more circular economy, and how this is likely to develop between 2020 and 2025.
Having successfully supported diverse applications across demanding industries, polymers and composites have emerged as key enablers of innovation in product design and manufacturing. Their exceptional physical and chemical properties, coupled with ease of processing and lower cost, render them ideal for a diverse set of applications across industries, such as packaging, automotive, electrical and electronics, furniture, building and construction, and consumer goods.
Having successfully supported diverse applications across demanding industries, polymers and composites have emerged as key enablers of innovation in product design and manufacturing. Their exceptional physical and chemical properties, coupled with ease of processing and lower cost, render them ideal for a diverse set of applications across industries, such as packaging, automotive, electrical and electronics, furniture, building and construction, and consumer goods.
Nearly 370 million tonnes of plastic were consumed in 2019, and overall plastic waste collection volumes were estimated to be 45% to 50% of the total consumption. However, the grim reality of the existing shortfall in plastic waste handling is that only under a third of the plastic waste collected is recycled while two-thirds of the volume is either sent to landfills or incinerators or to energy recovery. Packaging accounts for more than 40% of overall plastic consumption and composes more than 55% of total global plastic waste; less than 15% of the plastic packaging waste so generated is collected for recycling.
In the wake of ever-rising pressure, from both consumers and government bodies, leading brand owners and OEMs across diverse sectors have adopted ambitious targets to integrate sustainability and circularity into their business activities.
Key Topics Covered:
1. Strategic Imperatives
Why Is It Increasingly Difficult to Grow?
The Strategic Imperative
The Impact of the Top Three Strategic Imperatives on the Circular Economy in Plastics & Composites
Growth Opportunities Fuel the Growth Pipeline Engine
2. Growth Opportunity Analysis-Circular Economy in Plastics & Composites
Research Scope
Circular Economy in Plastics-Scope of Analysis
Circular Economy in Plastics-Segmentation
Circular Economy in Plastics-Research Structure
Circular Economy in Plastics-Driving Factors
Circular Economy in Plastics-Key Challenges
Operational
Regulatory
Competitive
Circularity Initiatives Being Undertaken to Accelerate Adoption
Challenges to Circularity Initiatives
Possible Outcomes of Circularity Initiatives
Integrated Circular Economy-Convergence of Key Themes
3. Overview of the Plastic Industry
Plastic Consumption by Application
Plastic Production by Region
Plastic Consumption by Polymer Type
Plastic Material Flow
Polymers and Prominent Recycling Techniques
Recycling Themes
Global Plastics Recycling Overview
4. Growth Opportunity Analysis-Re-Use for a Circular Economy in Plastics & Composites
Theme 1-Reuse
Reuse By Reconditioning-Industrial Bulk Packaging
Reuse By Reconditioning-Consumer Packaging
Reuse and the Right to Repair
5. Growth Opportunity Analysis-Mechanical Recycling for a Circular Economy in Plastics & Composites
Theme 2-Mechanical Recycling
Short-loop Recycling Strategy from Renault
Bottle-to-Bottle-Closed-loop Recycling from Alpla
Mechanical Recycling Strategies
6. Growth Opportunity Analysis-Purification & Depolymerisation for a Circular Economy in Plastics & Composites
Theme 3-Purification and Depolymerization
Purification-Polystyrene
Purification-Polypropylene
Depolymerization-Polystyrene
Depolymerization-Polyester
Key Participants in Purification and Depolymerization for a Circular Economy in Plastics & Composites
7. Growth Opportunity Analysis-Feedstock Recycling for a Circular Economy in Plastics & Composites
Theme 4-Feedstock Recycling
Pyrolysis Oil from Mixed Plastic Waste for Circular Plastic
Pyrolysis-Proprietary Technology from LyondellBasell
Gasification of Mixed-Plastic Waste-Enerkem Case Study
Gasification of Mixed-Plastic Waste-Eastman Case Study
Hydrothermal Upgrading-Licella Case Study
Chemical Recycling
Key Participants in Feedstock Recycling for a Circular Economy in Plastics & Composites
8. Growth Opportunity Analysis-Upcycling for a Circular Economy in Plastics & Composites
Theme 5-Upcycling
Upcycling of Post-Processing as well as Post-Consumer Waste
9. Growth Opportunity Analysis-Alternative Feedstocks for a Circular Economy in Plastics & Composites
Theme 6-Alternative Feedstock
Renewal Feedstock for Polyolefins-Vegetable Oils and Fats
Renewal Feedstock for Polyolefins-Wood Residues
Renewal Feedstock for Polyolefins-Biobased Plastics/Bioplastics
Bioplastics in a Circular Economy
Alternative Feedstock-CO2 Valorization for CO2-based Polyurethanes (PU)
Alternative Feedstock-CO2 Valorization for CO2-based Polyolefins
Cross-sector Collaboration in CO2 Valorization
10. Growth Opportunity Analysis-Enabling Technologies for a Circular Economy in Plastics & Composites
Theme 7-Enabling Technologies
Digital Tracking with Blockchain
Mass-Balance Approach
Advanced Physical Tracing Measures
Synergies Between the Different Aspects of Enabling Technology
11. Growth Opportunity Analysis-Collaborations for a Circular Economy in Plastics & Composites
Theme 8-Collaborations Driving Circularity
Collaborations Between Personal Care Brand Owners & Recycling Companies
Collaborations-Resin Manufacturers Acquiring Recycling Companies
Collaborations-Resin Manufacturers Partnering with Recycling Companies
Collaborations-Resin Manufacturers Partnering with Recycling Companies and Brand Owners
12. Growth Opportunity Universe
Circular Economy in the Plastics Industry-Key Growth Opportunities
Growth Opportunity 1-Collaborative Approach Toward Sustainable Product Development
Growth Opportunity 2-Strengthening Reverse Logistics and Recycling Infrastructure
Growth Opportunity 3-Strengthening Closed-loop Recycling to Address the Demand for Recyclates from High-value and Sensitive Applications
Growth Opportunity 4-Integrating Mechanical and Chemical Recycling Approaches to Improve Recycling Rates
Growth Opportunity 5-Decoupling Petroleum Feedstock and Plastics: Upscaling Recycling and Use of Green Energy
Growth Opportunity 6-Strengthening Transparency & Traceability in Material Provenance: Composition and Specifications
Growth Opportunity 7-Design for Recyclability and Reuse: Responsible Design
13. Next Steps
Companies Mentioned
Eastman
Enerkem
Licella
LyondellBasell
For more information about this report visit https://www.researchandmarkets.com/r/vtp7pn
CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900