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Frost & Sullivan

Address San Antonio, TX, US
Tel 1.877.463.7678
Website ww2.frost.com

Related Articles

Optical sorting, robotics and AI to drive MRF market towards $251.7 million by 2022 according to latest analysis

With China's National Sword regulation imposing restrictions on the import of solid wastes, US single-stream recycling material recovery facilities (MRFs) are left with few options for processing their vast quantities of recycling materials. The technology and capabilities gap between the advanced foreign facilities and the domestic facilities are compelling the latter to make strategic investment decisions regarding processing equipment. While operations and business models will undergo major changes, it is processing technologies such as optical sorting, robotics, and Artificial Intelligence (AI) that will drive the $185.2 million market towards $251.7 million by 2022, at a compound annual growth rate of 6.3 percent. 

Global Waste Recycling Market Outlook 2018 report reveals only 20 to 25 percent e-waste documented as collected and recycled

Frost & Sullivan's recent analysis, Global Waste Recycling Market Outlook, 2018, reveals close to 48.2 million tonnes of eWaste was generated in 2017, of which only 20 to 25 percent was documented to be collected and recycled. The remaining waste was either landfilled or disposed of unsafely or illegally in lesser developed countries. This scenario is likely to persist in the absence of stringent regulations, closed-loop supply chains, and greater producer responsibility. China made a market-altering decision when it announced a ban on the import of 24 categories of recyclables and solid waste by the end of 2017. This decision will force the world's biggest waste importers, which include the UK, the US, Europe, and Japan, to build new recycling infrastructure in their own facilities or look to other Southeast Asian countries for waste management.