Recycling Facilities in the US
The Recycling Facilities industry has experienced mixed results over the five years to 2018, with revenue projected to slightly increase. Strong demand for recycling services can primarily be attributed to increasing public environmental consciousness. With concerns rising over the environmental effects and threats to public health that landfills present, state and local government funding for recycling services, an alternative to landfills, has increased. However, revenue has been constrained over the past five years due to a decrease in commodity prices. Although the market for recycled commodities is still relatively new, the sale of recycled materials has grown. Over the five years to 2023, the industry is expected to grow, as demand for recycling services increases and commodity prices rise. The number of small industry operators will grow as small communities across the country develop recycling programs.
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.
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