Global S&T Development Trend Analysis Platform of Resources and Environment
Plastics Market Study for Malaysia | |
admin | |
2021-03-17 | |
发布年 | 2021 |
语种 | 英语 |
国家 | 国际 |
领域 | 资源环境 |
正文(英文) |
Malaysia is playing an active role at the ASEAN level to address plastic debris and is developing a Circular Economy Roadmap to combat mismanaged plastic waste nationally. This study uses a plastic value chain approach to evaluate Malaysia’s plastics recycling industry and its role in supporting a circular economy. Other circular economy business models such as reuse/refill are also briefly evaluated for the local context.
The plastics manufacturing industry is a growing and dynamic sector in Malaysia, contributing US$7.23 billion to the national economy in 2018 (4.7% GDP). The sustained growth of the industry has brought wide ranging benefits to Malaysian society, and the highly diversified sector produces goods ranging from automotive components to construction materials, housewares and packaging products. But rapid urbanization, mismanaged plastic waste and litter from land-based sources, and inadequate infrastructure is generating significant economic and environmental costs, affecting marine life and the wellbeing of societies along Malaysia’s coastlines. Recognizing that plastic pollution is a serious emerging issue, Malaysia is playing an active role at the regional level to address plastic debris and is developing a Circular Economy Roadmap to combat mismanaged plastic waste nationally. This market study uses a plastic value chain approach to evaluate Malaysia’s plastics recycling industry and its role in supporting a circular economy. It identifies major challenges, market drivers and opportunities for scaling-up recycling efforts via targeted public and private sector interventions. The key plastic resins assessed in this study are: Polyethylene Terephthalate (PET), Low Density Polyethylene (LDPE), High Density Polyethylene (HDPE) and Polypropylene (PP). KEY FINDINGS Malaysia recycled just 24% of key plastic resins in 2019 and is not on track to meet the JPSPN (National Solid Waste Management Department) recycling target of 40% by 2025. About 81% of the material value of the key plastic resins – approximately US$1.1 billion per year – is lost in Malaysia when 1.07 million tonnes are discarded rather than recycled into valuable materials. Because of various systemic and market challenges, only 19% of the total material value or $US 234 million per year is currently unlocked. Several structural challenges cause a market failure for plastics recycling:
Other factors that exacerbate the market failure for plastics recycling include:
Many of these challenges are amplified by the ongoing COVID-19 pandemic. Changes in consumption patterns and low waste collection rates have led to supply reductions for recyclers , while low oil prices have made it cheaper to use virgin rather than recycled plastic. RECOMMENDED INTERVENTIONS AND ACTIONS |
URL | 查看原文 |
来源平台 | The World Bank |
文献类型 | 新闻 |
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/319775 |
专题 | 资源环境科学 |
推荐引用方式 GB/T 7714 | admin. Plastics Market Study for Malaysia. 2021. |
条目包含的文件 | 条目无相关文件。 |
个性服务 |
推荐该条目 |
保存到收藏夹 |
查看访问统计 |
导出为Endnote文件 |
谷歌学术 |
谷歌学术中相似的文章 |
[admin]的文章 |
百度学术 |
百度学术中相似的文章 |
[admin]的文章 |
必应学术 |
必应学术中相似的文章 |
[admin]的文章 |
相关权益政策 |
暂无数据 |
收藏/分享 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。
修改评论