The nonmetallics recycling market in the UK grew 25 percent compared to 2004’s figure, according to a study from Research and Markets.
Dublin-based Research and Markets has added Non-Metal Recycling Market Report 2005 to its offering of studies.
In 2004, the UK market for nonmetallics recycling was worth an estimated 855 million British pounds, which represents a 25 percent increase from 2004’s figure, according to the report from Research and Markets. The report offers analysis of sectors such as paper and board, glass and plastics, with additional information on the recycling of other materials, including electrical and electronic scrap and end-of-life vehicles. The report also examines recycling in the municipal sector, where the collection of segregated material streams for recycling is being introduced on a wide scale.
Despite this growth, the recycling sector faces several challenges, according to the study from Research and Markets. “The UK is well behind most other EU countries in its use of recycling, and its waste strategy is still under review,” according to a press release from Research and Markets. “Within the industry, there is a desire for non-municipal waste to be given a greater emphasis by the government. There is ample scope for improvements in waste reduction at source, and a stronger lead by the government and large companies would help to encourage more environmentally responsible purchasing policies. In addition, the increasing restrictions on waste disposal have stimulated the practice of illegal fly tipping,” the press release states.
Research and Markets concludes that “to have a major impact on waste management, a comprehensive infrastructure of collection and recycling services will need to be developed. Specialist services will be required for complex products such as electrical/electronic equipment and end-of-life vehicles. As part of this development, the skills base in the recycling sector will have to be improved to produce a core of managers and operatives capable of running these new companies in a profitable manner.”
The report finds that the UK market for nonmetallics recycling will grow as legislation tightens in two directions: restrictions on landfill (with punitive taxes) and stipulations as to how specific materials should be recycled. “This legislation will need to be accompanied by the licensing of recyclers, greater producer responsibility and the willingness of equipment users to ensure that discarded products are recycled through the proper channels,” according to Research and Markets.
More information on Non-Metal Recycling Market Report 2005 is available at www.researchandmarkets.com/reports/c34920.