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Recycling Industry

Industrials

Recycling is the process of converting waste materials into new materials and objects, an alternative to disposal that reduces greenhouse gas emissions and recovers value from resources that would otherwise be discarded. The industry operates as a distinct economic sector from general waste management, organized around recovering specific material streams including glass, paper, cardboard, metal, plastics, electronics, textiles, and batteries, each requiring its own collection and processing infrastructure. As of 2014, the European Union alone held about half of the world's waste and recycling industry, with more than 60,000 companies employing 500,000 people and generating 24 billion euros in turnover. In the United States, more than 300 dedicated materials recovery facilities operate at industrial scale, using automated sorting to process commingled recyclable material.

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Sector
Waste recycling 1
Recycling Industry
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Associated With

Source Wikipedia, Circular Economy

Recycling of materials is a segment of the broader waste management industry.

Source Wikipedia, Recycling

In Sector

Industrials, Sectors
Additional Source Wikipedia: Global Industry Classification StandardGICS: Environmental & Facilities Services
Sources
1. Wikipedia, Recycling
Wikipedia
  • lead section
    Recycling is the process of converting waste materials into new materials and objects.
  • Associated With: Waste Management Industry
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Wikipedia, Circular Economy
Associated With: Circular economy, Wikipedia lead; target 335581
Quote, Associated With: Circular economy, Wikipedia lead; target 335581
Circular economy (CE), or circularity, is a model of resource production and consumption that involves sharing, leasing, reusing, repairing, refurbishing, and recycling materials and products, to extend product life cycle for as long as possible.
View the Source
Wikipedia: Global Industry Classification Standard
WikipediaIn Sector: Industrials, GICS: Environmental & Facilities ServicesView the Source
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