ISRI has released its "Global Trends & Implications for Recyclers" report by Dr. Vikram Mansharamani. The report highlights possible futures the industry faces as well as potential ramifications for business practices, market pressures, and the competitive landscape.
"The global trends currently creating unprecedented uncertainty are producing numerous opportunities and risks for the recycled materials industry," says Mansharamani. "Appreciation for the many cross-currents will help managers, policymakers, and the public understand the increasingly important role that the recycling industry will play in the future."
The report focuses on several trends, including:
- Climate change, sustainability, and electrification
- Inequality, inflation, and social pressures
- Technology, digitization, and data
- Geopolitical realignment and shifting trade patterns
"It's important for the recycled materials industry to continue to monitor and consider trends," says ISRI President Robin Wiener. "This report provides a great glimpse of the ramifications of global trends on the recycled materials industry in the short-term."