Europe’s ambitions for a circular economy require the timely provision of good-quality recycled raw materials to manufacturers. However, according to a European Environment Agency (EEA) assessment published today, from the eight most common recyclables, only aluminium, paper and glass have well-functioning secondary markets. Lack of standardisation and competition with new materials are among the challenges for other markets, such as wood and textiles.
The EEA report ’Investigating Europe′s secondary raw material markets’ presents a set of criteria to analyse the functioning of markets for secondary, recycled raw materials. Improving markets for recycled raw materials is key to delivering a circular economy in the EU, reducing the need to extract natural resources and avoiding the associated environmental impacts.
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https://www.eea.europa.eu/highlights/markets-for-many-commonly-recycled