The global plastic market today is valued at a net worth of $468.3 billion as of 2020 and it is expected to grow at 6.0% CAGR between the years 2020 to 2025. As per the data derived from various sources, the production of plastic increased from 1.5 million metric tones in 1950 to 368 million metric tones in 2019. Due to such rapid expansion of the plastic industry, the perils of ineffective disposal of plastic items are ever-increasing. The perils are, however, not irreversible and can be kept under check by adopting certain measures of waste disposal. But before we […]

The global plastic market today is valued at a net worth of $468.3 billion as of 2020 and it is expected to grow at 6.0% CAGR between the years 2020 to 2025. As per the data derived from various sources, the production of plastic increased from 1.5 million metric tones in 1950 to 368 million metric tones in 2019. Due to such rapid expansion of the plastic industry, the perils of ineffective disposal of plastic items are ever-increasing. The perils are, however, not irreversible and can be kept under check by adopting certain measures of waste disposal. But before we […]