The Booming Future of Waste Treatment
The waste treatment industry (recycling) is projected to expand to $20 billion by 2030, increasing five times from its current size of $4 billion
Recycling claims to save costs and reduce reliance on raw materials
The plastic recycling industry is valued at $2.3 billion, while e-waste volume stands at $1.4 billion
Reports predict that the combined segments of plastic, e-waste, and battery recycling will reach $20 billion by 2030
The volume of plastic waste is projected to grow annually at a rate of 24%, reaching $10.2 billion by 2030
Waste recycling, growing at 23% annually, is forecasted to reach $7.5 billion during the same period
Battery waste recycling, currently at $100 million, has the potential to reach $2 billion