Plastic Waste Sorting Equipment Market Trends and Forecast 2016 - 202 Oct 2016 | Page 2

REPORT DESCRIPTION

Plastic waste sorting is a discipline associated with the proper control, storage, allocation, and processing of different type
of plastic waste. The market for plastics is expected to witness demand from the various sectors including automotive,
healthcare, defense, and energy industries etc. Apparently, market for plastic waste sorting equipment is foreseen to
witness considerable growth during the forecast till 2024. The global market for plastic waste sorting equipment is
anticipated to be driven from municipalities, recyclers, and government and private organizations. Furthermore, growing
industrialization is anticipated to drive the plastic waste sorting equipment market, demanding novel processing
equipment.
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Depending on the type and material characteristics plastic waste is either directly processed on the site or else taken to
the large recycling center. Different contemporary types of equipment are utilized based on the type of materials and
dynamic processes incorporated in plastic sorting. Different treatment methods such as optical waste sorting, flotation
waste sorting, and densitometry waste sorting, are incorporated in recycling and processing of different plastic types.
Plastic waste sorting equipment simplify plastic waste administration and fast-tracks sorting & processing for plastic
recycling maneuvers. Increase in awareness programs towards sustainable waste management practices, reduced
environmental impact through plastic recycling, increasing urbanization and industrialization, laws & regulations enforced
by the different regional governments are anticipated to serve as major drivers for the plastic waste sorting equipment
market. Furthermore, large number of, recyclers are adopting to new and advanced technical solutions and are shifting
from physical sorting activities to automated technologies. Besides this, initiatives undertaken by emerging economies
and public-private sector partnership in regards ecological protection is anticipated to pose immense opportunities for
plastic waste sorting equipment market in the years to come.
On the other hand, restraining factors such as the absence of required infrastructure for plastic segregation & waste
collection and limited efforts in the direction of plastic waste management are anticipated to hinder the market growth.
Furthermore, initial high capital investments and selection of suitable equipment are some factors that are expected to
hamper the plastic waste sorting equipment market growth. Additionally, cost constraints associated with the cheap
manufacturing of new plastic equipment in comparison to recycled ones and difficulties in supply chain management
activities are anticipated to challenge market dynamics.