ReportBuyer.com, the online destination for business intelligence for major industry sectors, has added a new report which predicts that increased global demand for almost all materials will help to boost the value of the recycling market.

The publication, Non-Metal Recycling- Market Report 2008, also finds that the future will see expansion in the scope and complexity of non-metal recycling.

The study says the recycling rate for biodegradable materials, waste electronic/electrical equipment (WEEE), and end-of-life vehicles (ELVs) will continue to grow. Further legislation for the recycling of batteries is in the pipeline, and there is currently discussion about recycling in the construction industry.

Authors of the report say that in 2007, the UK market for non-metal recycling was worth an estimated 2.09 bn, an increase of 40% from 2006. They say the municipal sector is experiencing a degree of stress as it tries to cope with an increasing volume of recycled material. Moreover, the Landfill Allowance Trading Scheme (LATS) gives local authorities an allowance for landfill which, if exceeded, can involve the payment of very high charges for landfill space.

The publication finds that the UK non-metal recycling sector is dominated by a few large companies, most of which have other interests, particularly in the water industry. There is a strong representation of continental European companies in the UK non-metal recycling sector, major examples being businesses from France and Spain.

The study splits the analysis of the market into sectors determined by specific materials – such as paper, glass, plastics, textiles and packaging. The recycling of WEEE and ELVs are also included.

Non-Metal Recycling- Market Report 2008

ReportBuyer.com product ID: KEY00040

ReportBuyer.com Category: Industry and Manufacturing