Research Overview

Plastic waste generation will increase in the coming years in China, mainly due to the fast development of the Chinese economy and progressing urbanization, posing significant environmental concern. Therefore, the incorporation of sustainable approach to manage plastic waste becomes critical. In 2018, China came out with plastic wastes ban to focus on domestic plastic waste management, and the market is expected to transform on the back of the tightened regulations. A shift to a low-carbon and regenerative economy will unlock new growth avenues, support technological innovation, and open up opportunities for new business models. Incorporation of disruptive technologies in the Chinese waste recycling market is in the early phase of development, and smart technologies are still in the emerging phase; nevertheless, the market is projected to witness substantial growth over the next few years. Disruptive technologies offer high growth potential in the plastic waste recycling market, with significant potential benefits in terms of new regulations in China and the transformation to a circular economy.

The market analysis includes key trends shaping global waste management and their impact on the Chinese plastic waste management market, the forecast on the Chinese plastic waste generation up to 2025 with key methods of its management, analysis of key plastic generators with regional hot spots and of plastic waste management infrastructure, and the overview of recent legislation driving transition of the plastic waste management market toward greater sustainability and circularity. The report also provides information on the current and future value chain of plastic waste as well as overview of major development trends and growth opportunities dedicated to the Chinese plastic waste management.