25 JULY 2014www.recyclingtoday.com
China’s recycling industry valued at $100 billion
Edited by : AL CIRCLE
1 min read
BCC Research, based in Wellesley, Massachusetts, says about $103 billion in recycling-related economic activity occurred in China in 2013, down slightly from $107.5 billion in 2012.
In its newly released report, Recycling Markets in China, the research firm forecasts China's recycling market will "grow to nearly $156 billion by 2018,and register a five-year compound annual growth rate of 8.7 percent from 2013 to 2018.”
Recycling sectors studied in the report include ferrous and nonferrous metals, plastic, paper, electronic scrap, end-of-life vehicles, scrap tires and ship dismantling.
The report’s authors, Jason Chen and Li Baijun, say the Chinese government “has put the recycling industry high on its development agenda for the next decade” and “increasing environmental concerns and governmental regulation will significantly grow in this market over the near term.”
Recycling Markets in China provides an analysis of the Chinese recycling market and evaluates information on the challenges the industry faces that must be addressed as well as information concerning opportunities that can be leveraged. As well, the report's authors say it offers “comprehensive profiles of major players in the industry.”
In its newly released report, Recycling Markets in China, the research firm forecasts China's recycling market will "grow to nearly $156 billion by 2018,and register a five-year compound annual growth rate of 8.7 percent from 2013 to 2018.”
Recycling sectors studied in the report include ferrous and nonferrous metals, plastic, paper, electronic scrap, end-of-life vehicles, scrap tires and ship dismantling.
The report’s authors, Jason Chen and Li Baijun, say the Chinese government “has put the recycling industry high on its development agenda for the next decade” and “increasing environmental concerns and governmental regulation will significantly grow in this market over the near term.”
Recycling Markets in China provides an analysis of the Chinese recycling market and evaluates information on the challenges the industry faces that must be addressed as well as information concerning opportunities that can be leveraged. As well, the report's authors say it offers “comprehensive profiles of major players in the industry.”
Unlock full access – sign up for FREE.
Key benefits
Find exclusive data-driven insights and in-depth analysis
Get our daily newsletter delivered straight to your inbox
Access real-time and historical price trends from global indices
Post and respond to latest business leads
Stay ahead with alerts on learning tools
...and so much more!SIGN UP / LOGIN
Previous article
Single stream recycling at Mount Olive
Next articleScholz completes sale of aluminum, stainless steel business
Grow with
AL Circle
