India Among Top Five Countries in E-Waste Generation: Study | Technology News

SRS offers a coordinated e-waste recycling and IT asset disposition (ITAD) solutions with a high focus on data security, regulatory and corporate compliance, value recovery and sustainability. With processing facilities throughout the Americas, EMEA and APAC, SRS is well-placed to directly support…

The global plastic recycling sector will be worth around US$ 45.5 billion this year, new market data reveals. The figure is expected to exceed US$ 65 billion by 2026, representing a compound annual growth rate of 7.5% during the forecast period. On a global scale, the Asia Pacific region is anticipated to lead the plastics recycling market, says a new report by Research & Markets. This is mainly thanks to rapid industrialisation and the importance of waste management in countries like China, Japan, and India. Other factors include a surge in automotive and textile production as well as a big appetite for plastics in the construction industry. By material, polyethylene terephthalate (PET) is believed to be the fastest-growing segment in the years to come. ‘It is cost-efficient in terms of its recycling process, has high flexibility, which makes it suitable for use in various industries ranging from packaging, textiles and plastic film, to moulded parts for cars and electronics,’ market analysts state.

Chatham House has launched an online tool to facilitate the analysis of circular economy trade flows and trends. The circular economy trade data explorer uses the available data from UN Comtrade, and focuses on resources which are of particular significance to the circular economy. The data explorer organizes over 900 individual commodities into primary and secondary material categories. Primary materials include raw and intermediate bioeconomy products, including renewable resources from land and sea used for food, feed, construction, and bioenergy generation. Secondary materials covered are derived from both renewable and non-renewable resources, and include waste, scrap, and residue, secondary raw materials, and used goods.