Environmental concerns, high commodity prices and increased regulation are making recycling increasingly attractive and viable. While the recession reduced consumer demand for products in general, demand for products manufactured with recycled goods has risen over the past five years. As a result, the Recycling Facilities industry has experienced sustained growth. Furthermore, in the next five years, environmental awareness will continue to spread throughout the US population; demand will continue rising, as new regulations require manufacturers to use more recycled goods as inputs.
This industry operates recycling facilities, which separate and sort recyclable materials such as paper, plastic and glass from waste streams. Operators also sort commingled recyclable materials into distinct categories, as well as refine goods into recycled commodities (i.e. convert plastic bottles into raw plastic) and sell recycled materials to manufacturers and wholesalers. This industry does not include government bodies that directly provide these services to the public.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.