(plastemart) -- US demand for post-consumer recycled plastics is forecast to rise 5.9% pa to 3.4 bln lbs in 2016.
Continued support by federal, state, and local governments for recycling efforts will provide a significant boost to recycled plastic collection, processing, and demand. Besides, growing emphasis on sustainability among packaging and consumer product manufacturers, advancements in processing and sorting technologies, allowing a wider variety of plastic to be recycled, will also contribute greatly to the process, as per Reportlinker.
However, the overall rate of plastic recycling in the US will remain relatively low -- 6.5% of total plastic demand in 2016 -- as the industry faces a number of challenges. Recycling is minimal in several major plastic markets, including construction products, motor vehicles (other than batteries), and packaging film, due to a lack of collection capability or economical processing.
Bottles will remain the leading source of plastic for recycling, accounting for about half of all plastic collected in 2016. More rapid gains, however, are forecast for other sources, particularly rigid plastics, film, and carpet.
The recycling industry has put significant efforts into increasing the collection of rigid plastic, including thermoformed packaging and bulk containers, particularly at the commercial level. Bag and film recycling will also be bolstered by private industry collection initiatives, as these are a key source of raw materials for plastic bag and woodplastic composite producers.
Polyethylene terephthalate (PET) and high density polyethylene (HDPE) were the two leading resins used in recycled plastic products in 2011, accounting for over 70% of demand. While PET will see above average gains in demand, fueled by rising recycled content in beverage bottles and thermoformed containers, subpar increases in HDPE collection will limit demand for recycled resin. The most rapid growth is forecast for low density polyethylene, which will benefit from a rebound in the construction market, as well as smaller volume resins such as polypropylene and nylon. Packaging will continue to be the leading market for recycled plastic in 2016, with strongest gains expected for food and beverage bottles and clamshell containers, fueled by rising production of recycled resins suitable for food contact uses.
As it was reported earlier by MRC, Ukraine was also taking a step forward in boosting its plastic recycling industry. A state-owned plant "Ukrekoresyrsy" had launched a technological line for recycling PET-bottles. It will produce PET-flakes of "A" class in Khmelnitskaya region. Besides, the company has recently launched a new production line for recycling wastes from LDPE, HDPE and polypropylene (PP) into granules in Poltava, Ukraine.