of all plastic products are single-use
0
%
market for plastic
upcycling by 2030
upcycling by 2030
50
b
of total plastic waste is not recycled
0
%
Our Labs are tackling plastic pollution with catalytic technologies that generate revenue, benefit the community, and raise global awareness, leading to tangible environmental impact and sustainable development.
THE MARKET
FORECASTS FOR PLASTIC
POLLUTION & RECYCLING
Below we notice how plastic production (millions of Tons) and the plastic recycling market (market in billions of $) will grow exponentially.
- Around 50% of all plastics produced are single-use items, contributing heavily to waste.
- By 2050, it is estimated that there could be more plastic than fish in the oceans by mass.
- 1 in 3 fish caught for human consumption now contains plastic.
CIRCULAR ECONOMY POTENTIAL
Today
10%
2040
43%
Recycling one ton of plastic saves approximately 5,774 kWh of energy, reduces oil consumption by about 16 barrels, and cuts landfill space usage by 30 cubic yards