Is the demand for recyclable packaging leading the way for recycled materials st

2023.05.26

Recycled materials

Is the "air vent" still crowded

 

In recent years, climate change and environmental degradation have had a serious impact on people‘s lives. Many countries and regions, represented by the European Union, have made sustainable development models an important aspect of social development.

 

 

Recently, a study by Actual Consultancy stated that the compound annual growth rate of the recyclable packaging market will reach 6.2% from 2023 to 2029. It is estimated that by 2029, the market value of recyclable products will exceed US $171 billion on the basis of nearly US $99 billion in 2022.

 

Last year, WK Research also published a related research report: it is expected that the global recycled plastic composite annual growth rate (CAGR) will be 5.12% between 2022 and 2027.

 

Both reports point to the growth of recycled materials in the coming years, especially for recycled packaging materials, with the largest increase.

 

 

In addition to the biggest demand for daily use of packaging materials, policy decisions and mature recycling technologies for recycled materials are also very important. The mainstream viewpoint is as follows:

 

  1. Packaging materials are widely used and have the highest daily usage.

 

Express packaging, consumer goods, food and beverage, plastic bottles, plastic films, polymer foam and other packaging plastics account for more than 30% of the global plastic use, with a large recycling base;

 

 

  1. Policy guidance and encouragement such as plastic prohibition orders and environmental protection taxes.

 

The ban on landfill in European countries makes the landfill tax in some European countries extremely high. The cost of dumping garbage is sometimes higher than that of plastic recycling. Packaging waste plastic accounts for a large proportion, which is conducive to the recycling of packaging materials;

 

  1. The continuous improvement of technology and the scale of recycling have formed conditions.

 

Under the influence of multiple factors, the recycling industry chain of recycled materials is becoming increasingly perfect, and renewable material enterprises are constantly emerging. They can directly solve the recycling difficulties of different waste plastics, better meet industry requirements, and this is also conducive to the further recycling and utilization of packaging materials.

 

In fact, upon careful consideration, it can be found that developed countries, mainly from EU countries, have always been using "carbon" policies to force enterprises to transform and upgrade renewable material technologies, although there are also some hints of trade protectionism.

 

 

Returning to the theme, recycled packaging materials are growing rapidly in the future. Is the air outlet of recycled materials still "crowded"? How to survive the fierce competition in the early stages?

 

Xiao Bian believes that the recycling industry still faces many technical difficulties at present. If you want to lay out the recycling plastic market, recycling enterprises should make great efforts in the entire industrial chain of waste plastic recycling, maintain their core competitiveness, strengthen research and innovation, and then stand out.

 

 

For difficult technologies in the industry, Topcentral® It has obvious advantages in this regard. For example, tracing the source of recycled materials, Topcentral® By tracing the source of recycled materials, the whole industry chain can be traced, and the complete stage of waste plastic recycling recycling can be achieved.

 

As for PET, as the most commonly used packaging plastic, Topcentral® PCR diester ™ TC-Rester ® RPET] refers to rPET bottle flakes or extruded modified rPET particles obtained from recycled water bottles after pre-treatment. After strict management of production and processing processes and technical quality standards, the product performance is stable and sustainable, and can achieve full industry chain traceability;

 

 

Topcentral® RPET products

PCR diester ™ TC-Rester ®

 

In addition, the product has high purity and transparency, meets RoHS/REACH standards, and has passed GRS/UL2809/UL OBP "zero carbon" FreeCBO2®/ Carbon Footprint/SCS Global/carbon neutrality certification, some brands passed FDA testing, can provide a full range of customized innovative system solutions according to customers‘ different application needs.

 

Currently, Topcentral® We are recycling and reprocessing plastic waste from marine sources, ultimately processing it into cultural and creative products. Through the implantation of digital technology, we track these cultural and creative products from the source, and they enter an infinite cycle. Through recycling, we provide public welfare services and carbon incentives.

 

(High value cultural and creative products of marine recycled materials electric toothbrush)

 

Overall, the continuous growth of recyclable packaging materials is an inevitable result of the development of consumers, enterprises, the country, society, technology, and other aspects in an environment of "favorable timing, location, and harmony". At this stage, opportunities and challenges coexist, and the front line is strong  Topcentral® As one of the most diverse recycling enterprises in the world, PCR will face challenges and make more efforts and explorations for the high-quality and sustainable development of green recycling economy through various methods such as scientific research and development, industrial innovation, platform exchange, digital technology, etc., in the face of the latest standards and requirements of the recycling industry in the future.

 

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