The US demand for post-consumer recycled plastics is expected to rise 5.9% per year to 1.54mt in 2016, according to a market research report.
Gains will be driven by factors including a growing stress on sustainability among packaging and consumer product manufacturers, advancements in processing and sorting technologies allowing a wider variety of plastic to be recycled, according to ‘Recycled Plastics to 2016’ research report added to ReportsnReports.com store.
The factors also include a better collection infrastructure that raises the plastic recycling rate.
Other factors driving the demand for post-consumer recycled plastics are consistent support by federal, state, and local governments for recycling efforts.
The US demand for plastics will only account for 6.5% of the total plastic demand in 2016.
It was revealed that polyethylene terephthalate (PET) and high density polyethylene (HDPE), which both accounted for over 70% of demand of resins used in recycled plastic products in 2011, will see above average gains and gains below normal respectively over the coming years.