European plastic recycling market changes

The information released by AMI Consulting in Bristol, UK on July 26, 2018 is as follows: Applied Market Information Ltd. (AMI Consulting), a leading consulting firm in the industry, recently released a research report that must develop plastic recycling The industry, taking into account the impact of the ban on the import of waste plastics in China, the only way to meet the EU's 2030 plastic packaging recycling target.

Although polyethylene is currently the most recycled polymer in Europe, the rate of PET found in waste plastics (the percentage of recyclable materials transferred from the waste system, the amount of recycled material divided by the amount of recyclable material produced) The total amount is the highest. This is because PET waste is mainly derived from post-consumer PET beverage bottles. These bottles are widely collected in many countries and are equipped with a long-term stable collection system. After legislating the cost of beverage container deposits, the collection rate of PET beverage bottles is as high as 96%, which encourages consumers to participate in plastic recycling systems by providing economic incentives.

The development of mechanical recycling technology is changing the shape of the plastics recycling industry and improving the ability to recycle plastics in a closed loop mode, helping to maintain maximum value. However, due to the instability of quality and supply, a large amount of recycled plastic is degraded and recycled for use in lower value-added applications. These new opportunities are available to those looking to take advantage of industry changes and developments.