LONDON, November 24 /PRNewswire/ -- In the wake of a recession that gravely affected the recycling segment and dropped collection volumes, Frost Sullivan predicts the recycling waste market to start to rebound by late Q4 2009. The rising government spending on infrastructure will spur this, among other market drivers. Although recycling of waste has experienced a significant downturn, this situation is unlikely to remain for long as EU legislation mandates a strong push towards reuse and recycling of wastes. This in-turn creates significant market opportunities in key segments including sorting and separation of wastes at source, waste treatment and most importantly recycling.
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On Recycling Waste Markets Frost Sullivan organises a web conference that will take place on Tuesday, 8 December, at 3 pm GMT. To participate in this complimentary briefing, please email Chiara Carella at chiara.carella@frost.com with your full contact details. Upon receipt of the above information, a registration link will be e-mailed to you. You may also register to receive a recorded version of the briefing at anytime by submitting the aforementioned contact details.
In keeping with the pressure on legislation promoting recycling in the EU, the Copenhagen Summit on Climate Change emphasizes that sustainable living covers carbon footprints, waste management, recycling and energy neutrality. The momentum towards waste recycling in the EU is strong and the presence of active legislation supporting the market maintains growth in the sector.
The industry has been presented with tough challenges due to the economic situation across Europe. However, government support, infrastructure investment and strict legislative deadlines have maintained a positive climate for market growth, observes Frost Sullivan's Suchitra Padmanabhan, Programme Manager of European Waste Management Markets.
Suchitra Padmanabhan will discuss market prospects for waste recycling in the EU and analyse key drivers that maintain momentum and growth for this market. Battery waste will be examined as an example of a market driven by legislation, which is pushing for 2010 as the deadline.
Key segments such as batteries recycling will see a positive impact due to approaching deadlines in 2010 and while pressure remains to meet these, market participants are assured of attractive benefits, Padmanabhan states.
This briefing will benefit waste management service providers, technology and equipment suppliers, and companies looking to invest in the waste management market by discussing emerging trends and key opportunities in the European waste recycling market.
About Frost Sullivan
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Contact: Chiara Carella Head of Corporate Communications P: +44(0)207-3438314 E: chiara.carella@frost.com http://www.frost.com
SOURCE: Frost SOURCE: Sullivan
CONTACT: Chiara Carella, Head of Corporate Communications of Frost Sullivan, +44(0)207-3438314, chiara.carella@frost.com
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