New study: EU circularity regulation to reshape global recycled plastics demand

A new international report shows that European circular economy policies will redefine global demand for recycled plastic materials by 2030.

A study by ICIS and the China Petroleum & Chemical Industry Federation reveals that EU circularity policies — notably the PPWR and ESR regulations — will trigger a 30–40% increase in global demand for recycled plastics by 2030.
The analysis highlights Europe’s leading role in setting international standards for traceability and recycled content while warning of a shortage in high-quality secondary raw materials.
It recommends greater investment in both advanced mechanical and chemical recycling to meet the expected demand.

Source:
https://www.recyclingtoday.com/news/new-study-discusses-impact-of-eu-circularity-regulation-on-global-recycled-plastics-demand/