Soaring demands in metal waste management!
The UK’s metal recycling market size is currently estimated to reside at just over ￡7 billion.
Through the use of scrap metals and secondary raw materials, we can conserve more of our precious natural resources.
More than half a million tonnes of metal is used every year in the UK. It came as a surprise to us that, in actual fact, the energy saved from recycling metal has been described as staggering!
With the agreed upon recycling target rate of 55%, which is to be met by 2025, it is understood that significant improvements are urgently required in all recycling sectors.
Although the metal waste management process has been drastically improved throughout the year, it can’t be forgotten that a large amount of scrap metals are not disposed of correctly. This waste is an environmental burden and may cause a range of safety problems, as materials are often ineffectively disposed of by certain individuals or providers.
As the recent worldwide trend has been to close landfill sites, there’s been a dramatic increase in recycling due to high raw material prices. This means that there’s need for a more modern collecting, transporting and disposal infrastructure, despite any extra costs.
Fortunately, the use of state of the art technology in recent times has reduced the costs for disposal and saved national resources.
From the research we carried out, it was reported that of 1837 business decision makers, a massive 86% claimed that more metal recycling initiatives must be implemented, by the government and waste management services alike.
The general consensus from the feedback received regarded the recycling of metals as a key part of reducing potential environmental impacts. Due to this, 79% of our respondents determined that if they were offered the chance to switch waste management providers, they would seriously consider doing so - given that metal disposal is a high priority.
The decline in waste going to landfill and increases in recycling is transforming the sector and stimulating the use of new technology, which is increasingly being used to recover energy. Activities associated with recovery and reuse of commercial and industrial waste are likely to increase as a result of a combination of economic and political factors.
It’s encouraging to see businesses with plans for major capital projects. Through the use of more cost-effective methods for growth, it can be expected that this will occur through increasing the volume of waste. In addition to this, being provided more integrated services by waste management companies, that are looking to harness the opportunities to access new markets; is resulting in more support, stability and growth within the sector.
For more information on waste management and to stay up to date with the latest industry trends, make sure to visit the 500 cutting-edge exhibitors & 350 expert-led seminars at RWM 2018! For your free tickets to attend the show, click here now to register!
If your company offers metal disposal & recycling services, and are interested in exhibiting to over 20,000 decision makers & influential figures, contact me now on 0117 929 6083, [email protected], or simply send me a message on LinkedIn!
