Growing Environmental Concerns Among Governments to Boost Recycled Plastic & Plastic Waste to Oil Market 2024
The production and consumption of plastic products have risen exponentially over the past few years. About 130 million metric tons of plastic waste is generated per year (MTPY), estimates the World Bank. This extent of plastic is polluting the world hence many organizations and governments are collectively making efforts to recycle most of these plastic products. Transparency Market Research (TMR) estimates that the global recycled plastic and plastic waste to oil market will reach up to US$1.97 bn by the...
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