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What is the prospect of waste recycling industry?
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With the country paying more and more attention to the recycling of resources, people's awareness of environmental protection is gradually strengthened, the concept of recycling is deeply rooted in people's hearts, and the development of waste recycling industry is also getting faster and faster. Whether it is the research on the treatment methods of difficult-to-recycle substances in science and technology or the industrial chain formed by recyclable substances in business, it is becoming more and more perfect. It can be said that the recycling of waste conforms to the sustainable development of the country, and is also highly consistent with people's concepts and consciousness. No matter how the market fluctuates, waste recycling is an industry supported by the state.

How big is the market for waste recycling? According to reliable data, by the end of 20 17, the total recovery of eight categories of renewable resources in China was about 274 million tons. By 20 18, the total scrap resources in China will be 220 million tons, and it will be around 240 million tons in 20 19. Recyclable things can be seen everywhere in life, and the whole recyclable market is huge. However, China has a vast territory and a large population, and a large amount of recyclable waste materials will be produced every moment of every month every year. All kinds of goods will be exchanged for new ones, and the recycling industry will never be out of date.

However, the recovery rate of waste materials in China is not high. The recovery rate of scrap steel is 70%-80%, the recovery rate of waste nonferrous metals is 85%, the recovery rate of waste plastics is 25%, the waste rubber is 47%, the waste paper is 20%, and the waste broken glass is only 13%. This is also because the recycling system is not perfect, the recycling market is chaotic, the recycling laws and regulations are not perfect, and various technologies are not popularized enough, so the recycling rate of waste materials is relatively low, which can reduce the efficiency. Of course, objective factors that can't be ignored also have a certain impact on the recycling price of waste products, such as the macroeconomic situation.

Although the prosperity of the waste recycling industry this year is not as good as before, the prices of various waste products have also dropped significantly, which is not as "profiteering" as before, or even a little different. However, this does not mean that the recycling of renewable resources has begun to decline, which is a phenomenon caused by the impact of the international economic environment and the chaos of the domestic recycling market. From this year's firm attitude towards garbage sorting, we can see that the state attaches importance to the recycling of renewable resources. After the industrial chain is more perfect, the laws and regulations are more perfect, and the technology is more mature, the orderly renewable resources market will turn its huge potential into "strength".