Why the world’s biggest companies are investing in recycling?
Global waste stream trends are continuously escalating, this goes along with declining landfill capacity. This is set against the background of the Earth’s dwindling natural resources. These facts are driving the development of waste disposal and recycling technologies. Analysts found that poor waste management is now a “global reality,” only 25 percent of the 11 billion tons collected annually are recycled or recovered. The situation is likely to get worse, with waste volumes growing faster than urbanization rates and GDP growth and waste volumes set to double in 2025 versus 2005, and double again from 2025 to 2050.
Municipal and industrial waste streams will be considered as the raw material of the future! The planets natural resources will become critical by 2050 if continuing its exploitation at its current rate.
Therefore recycling technologies will have considerable growth in interest, importance and economic impact. As the price of natural resources grows the recycling companies and investments will gain in profit, selling recycled raw materials at a competitive price.