POLAND ECO REVIEW AND PLASTICS WASTE MARKET

Recycling of plastics is the most profitable field in recycling industry:

• Consumption of plastics has grown by 20 times during last 50 years;

• 86% of European plastics is exported to China;

• Only 20% of all plastic in the world is recycled, the rest is still burned;

• Recycling industry profits in 2014 are measured at 372 bln EUR.

The statistics is self-explanatory. The industry possesses a vast potential for growth, whilst there is almost no market competition and the government doesn’t support the industry well enough for launching the necessary amount of facilities. Currently the recycling industry is one of the most promising and profitable low-risk investment fields!

Europe ranks second in the global production of plastic materials at 20%, whilst China ranks first at 24,8%. More to that, demand for plastic is continuously growing and the plastic industry growth has a far-reaching effect on various crucial European economic sectors. Plastics industry is a factor that plays a key role in development of innovations in many fields of science not only in Europe, but around the world too.

https://recyclix.com/?id=f8ddac26a9432d