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'''Advanced recycling technologies''' involve a group of innovative processes aimed at converting waste materials into usable products, energy, and raw materials through chemical, physical, or biological means. Within the environmental context, these technologies are focused on reducing landfill accumulation, lowering greenhouse gas emissions, and minimizing the depletion of finite natural resources. They are crucial in facilitating the shift towards a more circular economy, where the value of products, materials, and resources is maintained in the economy for as long as possible, and the generation of waste is minimized.
Advanced recycling technologies often target complex and difficult-to-recycle waste streams, such as mixed plastics, electronic waste, and industrial by-products. These methods include but are not limited to pyrolysis, gasification, plasma arc recycling, and enzymatic processes. By adopting these sophisticated techniques, the waste management sector not only addresses environmental concerns but also contemplates new business models and revenue streams, linking sustainability with economic growth.
Several companies specialize in the advanced recycling technologies market, harnessing innovative methods to tackle waste. Prominent players include Agilyx, BioCellection, and Carbios, which focus on plastic waste; Enerkem, which specializes in converting municipal solid waste into biofuels and chemicals; and TerraCycle, known for its various recycling programs and Zero Waste Boxes for hard-to-recycle materials. Show Less Read more