Recycling Facilities in the US
The Recycling Facilities industry accepts unsorted waste and recyclable materials and sorts them into specific recyclable material categories, then processes and refines them into raw materials. The industry has experienced mixed results over the five years to 2019. 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. Overall, industry revenue is expected to increase during the current period. Over the five years to 2024, industry revenue is forecast to continue to expand, as demand for recycling services increases and commodity prices rise.
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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