Solid Waste Recycling in China
China's Solid Waste Recycling industry's revenue is expected to increase at an annualized 8.5% over the five years through 2023, to $27.2 billion. This includes anticipated growth of 6.6% in the current year. Although China's economic growth has slowed, increased environmental consciousness, high demand for limited resources and the country's ongoing urbanization have supported the industry's development. In particular, large downstream markets, especially the manufacturing sector, have developed rapidly and stimulated the industry.
Firms in the Solid Waste Recycling industry sort and conduct secondary recovery of non-metal waste and recycled fragments from various other types of solid waste. These enterprises turn waste into usable raw materials and also prepare waste for further processing. Producing new products using solid waste is not included in the industry.
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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