Towards a Circular Economy: Zero-Waste Technologies & Initiatives
PreScouter investigated 10 companies that fall under one of the two main circular economy categories: recycling and reusing. In North America, current recycling infrastructure doesn’t recover more than 10% of post-consumer plastics, and today’s supply of recycled plastics meets just 6% of real demand. Closed Loop Partners estimates the addressable market in Canada and the U.S. for plastics and petrochemicals to be $120B, which could be met, in part, by recovering waste plastics. This is where PreScouter sees the significance of this report by presenting innovative technologies in place.