GLOBAL POST-CONSUMER RECYCLED PLASTICS IN CONSUMER ELECTRONICS MARKET
INTRODUCTION
The term post-consumer recycled content, or PCR, refers to products like aluminium, cardboard boxes, paper, and plastic bottles that consumers regularly recycle.Additionally, finished items that are recycled after being used are referred to as post-consumer recycled material.
Aluminium cans, shipping boxes, empty plastic bottles, copy paper, and other post-consumer recycled materials are all common examples.This entails reducing energy usage, the volume of solid waste dumped in landfills, the use of non-renewable fossil fuels (the manufacturing of plastic consumes 8% of the world’s oil production), and carbon dioxide, nitrogen oxide, and sulphur dioxide emissions.
Additionally, post-consumer resin prevents gases like oxygen and light from leaking inside the container. If PCR packaging complies with FDA guidelines, it may be appropriate for use in food-contact situations. The overall amount of greenhouse gases created by human actions is reduced by these polymers.
Less trash in landfills and water sources because of PCR packaging. Large-scale, potentially toxic landfills are produced by non-recyclable items. They may also damage animals by causing pollution in rivers and oceans.
GLOBAL POST-CONSUMER RECYCLED PLASTICS IN CONSUMER ELECTRONICS MARKET SIZE AND FORECAST
The Global post-consumer recycled plastics in consumer electronics market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.
NEW PRODUCT LAUNCH
Mobil launches 50% post-consumer recycled plastic pails in India.With its 50% Post-Consumer Recycled (PCR) plastic pails, Mobil, a leader in lubrication technology innovation, has started a project to promote sustainable packaging.
The PCR pails promote the use of recycled plastic, which contributes to a decrease in plastic waste and promotes sustainable development. Customers may decrease waste, turn waste into value, and advance sustainability goals with the help of the company’s 50% PCR pails, which are the first pails packing for lubricating oils in India.
ExxonMobil has emerged as a clear leader in waste diversion in lubricant factories. Underwriters Laboratories Zero Waste to Landfill, Silver Validation is applied to all Mobil products made in the company’s global network of lubricant facilities.
This certification recognises ExxonMobil’s commitment to waste reduction and the advancement of a circular economy. Furthermore, ExxonMobil is the first and only finished lubricants marketer to hold this certification, and diverts more than 90% (over 50,000 tonnes) of lubricant operations waste from landfills into new productive applications.
ExxonMobil is also harnessing scale and integration to enhance certified circular plastics production and satisfy rising demand. The company announced the successful launch of one of North America’s largest advanced recycling facilities.
The plant at the Baytown, Texas, integrated manufacturing complex employs patented technology to break down difficult-to-recycle plastics and transform them into raw materials for new products.
The Baytown recycling facility can process more than 80 million pounds of plastic waste, promoting a circular economy for post-use plastics and diverting plastic waste from landfills.
The assortment of goods and services offered by Mobil supports communities, businesses, and individuals in making decisions that are more effective and sustainable.
By making the most of precious resources, Mobil branded solutions assist clients in extending the life of their oil and equipment, enhancing energy efficiency and fuel economy, delivering performance, and achieving more with less.
COMPANY PROFILE
- BASF SE
- SABIC
- Covestro AG
- Trinseo S.A.
- MBA Polymers Inc.
- INEOS Styrolution Group GmbH
THIS REPORT WILL ANSWER FOLLOWING QUESTIONS
- How many post-consumer recycled plastics in consumer electronics are manufactured per annum globally? Who are the sub-component suppliers in different regions?
- Cost breakup of a Global post-consumer recycled plastics in consumer electronics and key vendor selection criteria
- Where is the post-consumer recycled plastics in consumer electronics manufactured? What is the average margin per unit?
- Market share of Global post-consumer recycled plastics in consumer electronics market manufacturers and their upcoming products
- Cost advantage for OEMs who manufacture Global post-consumer recycled plastics in consumer electronics in-house
- key predictions for next 5 years in Global post-consumer recycled plastics in consumer electronics market
- Average B-2-B post-consumer recycled plastics in consumer electronics market price in all segments
- Latest trends in post-consumer recycled plastics in consumer electronics market, by every market segment
- The market size (both volume and value) of the post-consumer recycled plastics in the consumer electronics market in 2023-2030 and every year in between?
- Production breakup of post-consumer recycled plastics in consumer electronics market, by suppliers and their OEM relationship
