Recycling Markets in China
The Chinese recycling market value declined from $107.5 billion in 2012 to $102.8 billion in 2013 because the average price per ton declined. This market is expected to grow to nearly $156 billion in 2018 with a compound annual growth rate (CAGR) of 8.7% over the five-year period from 2013 to 2018.
- An overview of the market for recycling in China
- Analyses of global market trends, with data from 2012 and 2013, and projections of compound annual growth rates (CAGRs) through 2018.
- Coverage of the major segments of the Chinese recycling industry: metal recycling (including aluminum, copper, iron, steel, and strategic metals), paper recycling, plastic recycling, e-waste recycling, and tire recycling
- Information on both the challenges the industry faces that must be addressed as well as information concerning opportunities that can be leveraged
- Evaluation of key and relevant patents
- Comprehensive profiles of leading companies in the industry
This study is organized into five sections. Following the introduction, an executive summary provides the market forecast for China’s recycling industry through 2018. An industry overview in the next section provides definitions and important regulations for China’s recycling industry.
The ensuing section, Market by Products, covers the major segments of the industry: metal recycling (including aluminum, copper, iron, steel, and strategic metals), paper recycling, plastic recycling, e-waste recycling, and tire recycling. Each segment presents an analysis of the Chinese market, including an introduction and definitions, market dynamics, market share and company profiles.
In the section on the international aspects of recycling, a discussion of imports and exports of aluminum scrap, copper scrap, iron and steel scrap, waste paper and waste plastics is presented.
The last section, Technology, provides an analysis of major applications and major patents.
Frequently Asked Questions (FAQs)
Jason Chen has been an analyst and consultant for the polymer, composite, fiber, textile and energy industries for 18 years. He works as a researcher, writer and/or editor for the American Composites Manufacturers Association (ACMA), China Textile Academy (CTA), China Chemical Fiber Association (CCFA), International Fiber Journal, Filtration News, Platts Emission Daily, Vision Systems Design, Pesticide and Toxic Chemical News and MobileTex. Currently he is the chief scientist of a company endeavoring to reduce China's air and water pollution. He has a degree in Civil Engineering, Chemicals and Advanced Materials from Shantou University.
- The amount of materials recycled in China in 2007 was 142.3 million metric tons. This is expected to increase to 158.6 million metric tons in 2008 and 244.8 million metric tons in 2013, for a compound annual growth rate (CAGR) of 9.1%.
- Recycled metals are the largest segment at 76.8 million metric tons in 2007. This should grow to 83.5 million metric tons in 2008 and 123.2 million metric tons in 2013, a CAGR of 8.1%.
- The fastest growing segment is recycled tires and reclaimed rubber; 1.9 million metric tons were recycled in 2007, and an estimated 2.2 million metric tons in 2008. This should reach 4.2 million metric tons in 2013, for a CAGR of 14.0%.