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    Home > Chemicals Industry > Rubber Plastic News > The future market size will reach 300 billion!

    The future market size will reach 300 billion!

    • Last Update: 2022-08-25
    • Source: Internet
    • Author: User
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    Recently, Nike released the new girls' "Oatmeal" oatmeal color matching of Air VaporMax 2020.
    The upper of this shoe is made of polyester made from discarded plastic beverage bottles


    .


    As early as 2010, NIKE has been recycling plastic bottles for footwear and clothing


    .


    As one of the two top trends in the shoe circle, Adidas also launched UltraBoost in 2016, which is 100% recycled from marine waste


    .


    The knitted upper is 95% marine plastic, with the remaining 5% recycled polyester


    .


    After that, Adidas launched another two shoes one after another.
    This series eventually sold 1 million pairs of shoes, which means that at least 11 million plastic bottles were recycled and recycled


    .


    Plastic has gone from "one of the greatest inventions of mankind" to the world's call for restrictions on its use.
    The development of plastics has only a history of more than a hundred years, but waste plastics have become "white pollution" that urgently needs to be treated


    .


    Statistics show that in 2019, China's waste plastics generated 63 million tons


    .


    Waste plastics come from a wide range of sources, and the main types include PET polyester (mainly mineral water bottles, edible oil bottles, etc.
    ), PE polyethylene (juice beverage bottles, detergent containers, etc.
    ), PVC polyvinyl chloride (doors, windows, pipes, etc.
    ), PP polyethylene Acrylic (pots, buckets, vegetable baskets, etc.
    ), PS polystyrene (lamps, plastic foam, etc.
    ), ABS plastics (panels, masks, etc.
    ),


    etc.


    Among the waste plastics, PET plastic bottles have the highest recycling rate, and the recycling industry chain is relatively mature
    .
    PET plastic bottles can be crushed, cleaned and sorted by the front end, and then melt-spun to produce regenerated fibers, and then enter the textile manufacturing industry to complete the social cycle

    .

    The demand for recycled PET is brewing to explode
    .
    According to statistics, the current market size of high-end recycled PET is increasing at a rate of 100%, and there will be a market of 50 billion US dollars (about 328.
    815 billion yuan) in the world in the future

    .

    H&M, Nike, Coca-Cola and other large shoe and apparel and catering companies are increasing the use of recyclable plastics
    .
    In January 2019, McDonald's stopped providing plastic straws and tested "straw-free cup lids"; Starbucks piloted the use of direct drinking cup lids and paper straws from April 22, 2019, stopped providing plastic straws, and promised to use it before 2020.
    Covering global stores

    .
    More fast food restaurants, replacing plastic packaging with paper products

    .
    Asdas has announced that it will be fully using recycled polyester by 2024

    .

    The 24,000-square-meter red carpet for the National Day military parade celebrating the 70th anniversary of the founding of the People's Republic of China was manufactured by Yangxin Longfu Huanneng Technology Co.
    , Ltd.
    through non-plastic recycling, consuming more than 400,000 waste mineral water bottles

    .

    Industry insiders said that in 2018, the domestic industry's demand for high-end recycled PET chips was 20,000 tons, and the market supply capacity was about 30,000 tons, which were equal to each other
    .
    In 2019, the market demand for this product was about 200,000 tons, and the supply capacity was only 120,000 tons, leaving a gap of 80,000 tons

    .
    The high-end recycled PET industry is still in the development stage

    .
    Due to the restrictions on waste imports and the extensive domestic recycling system, the raw materials of high-end recycled PET are still relatively scarce

    .
    It is expected that the market demand for high-end recycled PET chips will reach 400,000 tons in 2020, and the gap in capacity supply may further widen

    .



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