USD 50 BN OF POTENTIAL OPPORTUNITY IS OPENING UP IN PLASTIC RECYCLING INDUSTRY
Download PDFDisruption – Environmental sustainability to drive the circular economy practice Plastic Recycling alone to offer US $50+ billion opportunity
TOP Plastic Recycling GROWTH STORIES
MNM helped client to tap into the Poly Propylene recycling potential in APAC MARKET
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MNM helped the client to identify a Revenue Opportunity of >US $350 Million in 4-5 years in different type of Plastics Recycling
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MNM helped the client identify a Revenue Opportunity of >US $300 million in 4-5 years in Lithium-Ion Battery Recycling Market
Download PDFHERE ARE SOME OF THE OPPURTUNITIES/ ANSWERS TO THE COMPELLING needs in recycled plastics
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RECYCLED PLASTICS PROVIDE BILLION DOLLARS INCREMENTAL REVENUE OPPORTUNITY TO STAKEHOLDERS ACROSS THE VALUE CHAIN
CURRENTLY, MECHANICAL RECYLING DOMINATES THE GLOBAL RECYCLING MARKET
CHEMICAL COMPANIES ARE TAKING INITIATIVES ACROSS THE VALUE CHAIN TO IMPROVE QUALITY OF RECYCLED PLASTICS AS WELL AS ADDRESSING SORTING CHALLENGE
WE HAVE ASSISTED A HOST OF CLIENTS TAP HIGH GROWTH OPPORTUNITIES ACROSS the plastic recycling
WHY DO COMPANIES NEED HELP TO GROW?
ABSENCE OF ORIGINAL RESEARCH:
- Complex and overlapping markets for library prep and target enrichment kits, hence difficult to calculate market potential and TAM
- Insufficient secondary research for strategic decisions
INTELLIGENCE IS NOT DEMOCRATISED:
- Client unmet needs need to be understood by all market facing employees for new product development and vendor selection.
- Bleak knowledge about upcoming technologies and growing applications
GROWTH PROGRAM DESIGN AND EXECUTION:
- Lack of GTM knowledge and practice in competitive intel, pricing and product features
SOME UNKNOWNS & ADJACENCIES
- Recycling rates are low in different economies. Currently it ranges between 20-30% globally, although it is higher in developed economies. With a strong need of low carbon economies, the materials use pattern would change significantly.
- Recycling and re-use-based economy to flourish and need of recycled materials to increases in future.
- Adoption rates of electric construction, mining, and agricultural equipment is more in Europe, Japan and US
- Commercial variability of different materials to increase with technology and government playing a key role.
GROWTH PROBLEMS ENCOUNTERED BY Plastic Recycling COMPANIES
Customer prioritization and assessing unmet needs:
- What are the disruptions in our clients’ businesses? How can we support them for our own growth?
- Who are the most potential customers going forward? Which recycling to be prioritized?
- What are the key unmet needs? Who are the key stakeholders in different settings? Which new recycling technology offer the maximum benefits?
Where to Play:
- Which end-use we should focus on? Should it be PET, PP. PE, or metals and batteries, or something else?
- Which regions should we place our bets on? Should we continue with developed countries or do developing countries offer more growth opportunities?
Building a compelling Right to Win (RTW):
- For M&A, which are the right targets for us? Should we enter new markets directly or through partners?
- How can we differentiate from top players? What is their right-to-win vs ours?
OBSTACLES TO GROWTH FOR CURRENT PLAYERS
- Not able to keep pace with fast think on the how to grow the current revenue in recycling industry – New technologies are offering decreasing cost.
- Many start-ups and emerging companies eating up market share of established companies
- Limited clarity on unmet needs
- Unclear picture about the regulatory and its impact on businesses
- Will any technology be able to bring in the necessary profitability and viability?
KEY UNCERTAINTIES/ PERSPECTIVES WHICH INDUSTRY LEADERS SEEK ANSWERS TO:
KEY QUESTIONS OF Plastic Recycling COMPANIES
- What will be relevant and redundant in the next 5 years?
- What will be the market potential for e-fluids for passenger cars, commercial vehicles, and off-highway vehicles in 2025 v/s 2030?
- Can every type of plastics recycling will be affordable, or will it continue being used for specific type of polymers?
- How can companies optimize the recycle processes to be more agile and efficient to achieve a more seamless workflow?
- What regulatory policies can help strategize and achieve scale-up?
- What can be done to train more people in handling and recycling of plastics?
KEY QUESTIONS OF COMPANIES IN ADJACENT MARKETS
- What are the regulations on carbon emission limits?
- How the Lithium-Ion battery recycling is driving this market.
- What will be the impact of automation on plastics recycling/circular economy?
- Which are best practices waste management to avoid plastics going to landfills.
LEADERS ACROSS VARIOUS Plastics recycling Companies NEED HELP IN TACKLING BELOW INTERCONNECTED REVENUE RELATED PROBLEMS (1)
LEADERS ACROSS VARIOUS Plastics recycling Companies NEED HELP IN TACKLING BELOW INTERCONNECTED REVENUE RELATED PROBLEMS (2)
LEADERS ACROSS VARIOUS Plastics recycling Companies NEED HELP IN TACKLING BELOW INTERCONNECTED REVENUE RELATED PROBLEMS (3)
What is driving change
in your business
- Product life cycles getting shorter.
- Ecosystems getting converged.
- Newer technologies and new use-cases disrupting.
- New markets, new geographies, new clients, competition and partners.
Are changes only impacting you or your clients and their clients as well?
The trial will be a guided tour by our representative to help you discover the shift in revenue sources of your clients and clients' clients that will impact your revenue. This is your opportunity to unlock the research IP worth $100 million
REVENUE IMPACT STORY 1: A Japan based chemical company, we helped client to tap into the Poly Propylene recycling potential in APAC MARKET
REVENUE IMPACT STORY 2: FOR A LEADING plastics manufacturer, WE HELPED THE CLIENT IDENTIFY A REVENUE OPPORTUNTITY OF >US$350 MILLION IN 4-5 YEARS IN different type of plastics recycling
REVENUE IMPACT STORY 3: FOR A LEADING PLAYER IN battery recycling technology MARKET, WE HELPED THE CLIENT IDENTIFY A REVENUE OPPORTUNTITY OF >US$300 MILLION IN 4-5 YEARS IN lithium-ion battery recycling MARKET
CICULAR ECONOMY Lifecycle CURVE
INDICATIVE LIST OF OTHER PROJECTS EXECUTED FOR Plastic Recycling COMPANIES:
- STUDY
- Lithium-ion Battery Recycling Market
- Battery Recycling Market
- Recycled Plastics Market
- Recycled PET Market
- Post-consumer Recycled Plastics
- Waste Management Market
- Medical Waste Management
- Waste Paper Management
- Wet Waste Management Market
- E-Waste Management Market
- Industrial Waste Management
- Metal Recycling Market
- Precious Metals E-Waste Recovery
- Sustainable Plastic Packaging Market
Definition/Concept OF Circular economy
impacting you and
your clients
Plastic Recycling COMPANIES
TOSHIO KINOSHITA,
SENIOR CHIEF CONSULTANT,
RESEARCH & CONSULTING DIVISION,
MITSUBISHI CHEMICAL RESEARCH CORPORATION
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Nissan Chemicals Corporation
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