Screen Print India Magazine

Screen Print India Magazine

A Premier Magazine on Screen Printing, Textile Printing, Digital Printing


HomeBusinessSustainable Plastics Will Make Up More Than 15% of Production By 2030: Lux Research

Sustainable Plastics Will Make Up More Than 15% of Production By 2030: Lux Research

25 April 2021: In its new report, “The Sustainable Plastics Roadmap: Recycling, Bioplastics, and Alternatives,” Lux Research forecasts the adoption of conventional and advanced recycling, bio-based plastics, and alternative materials and quantifies the impact of bans and other regulations to predict the future of sustainable plastics.

Single-use plastics are particularly in the crosshairs with consumers and regulators, and companies across a wide range of industries are trying to deploy sustainable solutions.

Lux’s new report explores the combined impact of new technologies and approaches on the six major commodity plastics – polyethylene terephthalate (PET), high-density polypropylene (HDPE), polyvinyl chloride (PVC), low-density polyethylene (LDPE), polypropylene (PP) and polystyrene (PS) – focusing on the impact of four major types of threats to conventional plastics production: recycling, bio-based polymers, legislation and alternative materials like paper and metal.

“A combination of negative consumer sentiment about plastics, regulation, and a global focus on sustainability have combined to push the issue of plastics sustainability to the fore,” explains Anthony Schiavo, Research Director at Lux. “In 2030, 15% of plastics will be sustainable, fueled primarily by a tripling of global plastics recycling along with strong regulatory action that bans the most problematic types of plastic products.”

Lux’s initial modeling effort focused on four scenarios highlighting regional differences in policy and infrastructure. “Even in our most aggressive case, there are major unresolved issues with plastics sustainability,” notes Schiavo. “In the likely case, we expect most groups to miss plastics sustainability goals despite making major strides on recycling and alternatives. In addition, the gaps between different types of plastic will grow: The global PET recycling rate could reach as high as 60%, but we expect very little progress in direct PP or PS recycling. Major practical challenges – like the difficulty of waste collection and sorting and the unprofitability of pyrolysis will still remain in 2030.”

Share With:

Screen Print India Weekly News Letter

Subscribe Now...