Waste Management Sector Booms with Decarbonisation and Circular Economy
The waste management sector is witnessing a surge in opportunities, driven by the global push towards decarbonisation and waste reduction. This shift is opening up new avenues in industrial gases and waste monetisation, with government incentives playing a significant role.
At the heart of this change is the circular economy, which aims to eliminate waste and the continual use of resources. Transforming and monetising waste streams is the key to achieving this goal. For instance, companies like Plastic 2 Green are addressing the plastic waste issue, although the founder's name is not explicitly mentioned in available search results.
Industrial gases, traditionally a by-product of industrial processes, are now presenting clear opportunities for greater circularity. Gases such as carbon dioxide, methane, hydrogen, and ammonia can be captured, utilised, or transformed into valuable products. This not only reduces waste but also provides a new revenue stream.
The drive to decarbonise the atmosphere and deal with waste is the primary catalyst for these opportunities. With government incentives also playing a role, the waste management sector is poised for significant growth and innovation in the coming years.
