Recycled polymers & circular economy: China & US lead the way
Europe is fragmented with only 65 per cent recycling compliance in some areas.
Asia, particularly China, is boosting investments in recycling facilities to achieve a 25 per cent recycled polymer target by 2030.
Meanwhile, the US, with less strict regulations, sees growing demand for recycled content, with a 5 per cent increase in recycled polymer production in Q3 2024, mainly in packaging.
Europe is fragmented with only 65 per cent recycling compliance in some areas.
Asia, particularly China, is boosting investments in recycling facilities to achieve a 25 per cent recycled polymer target by 2030.
Meanwhile, the US, with less strict regulations, sees growing demand for recycled content, with a 5 per cent increase in recycled polymer production in Q3 2024, mainly in packaging.
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