U.S. demand rising for post-consumer plastic

Published: December 5, 2012 6:00 am ET
Updated: January 3, 2013 6:26 am ET

Related to this story

Topics Sustainability, Recycling

CLEVELAND (Dec. 5, 9:15 a.m. ET) — Demand for U.S. post-consumer recycled plastic is expected to rise 6.5 percent per year to nearly 3.5 billion pounds in 2016, according to a recent study.

The increase – nearly 1 billion more pounds than last year’s demand – is attributed to growing emphasis on sustainability among packaging and consumer product manufacturers, improved processing and sorting technologies that can handle more plastic resins, and improved collection infrastructures, according to the “Recycled Plastics” study.

Freedonia Group Inc., a Cleveland-based industry market research firm, conducted the study.

Support by federal, state and local governments for recycling efforts will help boost recycled plastic collection, processing and demand, according to the study.

But the overall U.S. plastic recycling rate will remain relatively low through 2016, with less than 7 percent of total plastic demand. Some of the challenges include minimal recycling in construction products, motor vehicles and packaging film.

Packaging will continue to lead the recycled plastic market in 2016, the study said, while plastic bottles will account for more than half of all plastic collected. Last year, PET and high density polyethylene were the two leading resins used in recycled plastic products, accounting for more than 70 percent of demand.

PET will see “average gains” in demand, the study said, due to increased recycled content in bottles and thermoformed containers. HDPE will see fewer increases and will limit the availability of recycled resin.

Polystyrene, nylon and other smaller volume resins will see rapid growth, due to increased collection of products such as consumer electronics, carpet and plastic foam.


Comments

U.S. demand rising for post-consumer plastic

Published: December 5, 2012 6:00 am ET
Updated: January 3, 2013 6:26 am ET

Post Your Comments


Back to story


More stories

Image

Recycling group releases shrink sleeve label guidelines

September 26, 2014 4:02 pm ET

A post-consumer plastics recycling trade group is out with a set of recommendations to help guide the packaging industry on the use of shrink sleeve...    More

Image

Chemical regulation policy update likely to remain in limbo

September 26, 2014 1:13 pm ET

Efforts to broker a deal on national chemical regulation policy appear to have fallen apart in the waning days of the 113th Congress, leaving...    More

Image

Cascade founder believes business can be a place for real change

September 25, 2014 11:06 am ET

Companies can make a difference in a person's life, and Fred Keller, founder of Cascade Engineering Inc., believes it is important that they do.    More

Image

Recycling rates continuing to climb for EPS used in transport packaging

September 25, 2014 11:28 am ET

Recycling of the expanded polystyrene used in transport packaging continues to rise, extending what has now been a years-long push even higher.    More

Image

PRE taking the first steps to increase PET tray recycling

September 25, 2014 10:33 am ET

A set of new guidelines covering design-for-recycling for PET trays has been published by Plastics Recyclers Europe (PRE), the Brussels-based trade bo...    More

Market Reports

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 million dollar plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our industry analysis highlights macro industry trends and micro trends faced by companies that do business in Mexico. The report also provides key industry statistics and forecasts to anticipate future industry expansion.

Learn more

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

Learn more

Injection Molders Market Report & Ranking 2014

This special package contains our 132-page 2014 Market Report on the Injection Molding segment and our exclusive 2014 RANKINGS database of 500+ Injection Molders for a discounted package price.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events