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Circular economy

The cross-sector effort to reduce waste is fuelling interest in circular economy solutions

Companies already investing in
this opportunity

Mitsui Chemicals ● IBM Japan ● ZenRobotics ● Ahrend ● Audi ● Coca-Cola ● Daimler ● DXC ● Ford ● BASF ● Volvo

growth opportunities in circular economy to 2030

Five promising use cases in

Circular economy

  1. Baffled oscillation separation system (BOSS) utilises fluid dynamics and oscillation technology to sort recyclable mixed plastic waste.
  2. Aluminium and titanium recycling technology from existing vehicles and unserviceable engine parts, reaching 50% recyclability.
  3. Smart IoT sensors, supported by supervised reinforcement learning, design simulations, and predictive analytics to develop and monitor sustainability KPIs.
  4. Real-time operational simulations within the IoT framework across the value chain to optimise sustainability practices.
  5. Circular business model based on innovative managerial practices, materials, and chemical processes.

What is the goal of circular economy system?

The goal of a circular economy system is to reduce the negative impacts of consumption by cutting the amount of waste in a product’s lifecycle. Circular economy is often described as a closed loop system, which has a strong onus on reusing, recycling, reusing and repairing to minimise waste.

Use Case

What are the main concepts of circular economy?

Circular economy considerations affect the design process and decisions across the supply chain. From the mining of materials and the manufacturing of products to the way they are used and disposed of, recycled, or reused. The circular economy system emphasises the reuse of materials. Innovators can adopt “recyclability by design”, physical and chemical recycling, and redesign systems to incentivise a circular model.


Estimated value of the global metal recycling market by 2030


Projected value of the global filtration and separation market by 2030


of growth opportunities to 2050

What are the opportunities in a circular economy?

The circular economy could add $4.5 trillion to the global economy by 2030, rising to $25 trillion by 2050. It is also predicted to reduce greenhouse gas emissions by 39 percent, virgin material use by 28 percent and create up to 65 million new jobs. Yet many companies are a long way off adopting a circular economy system.

The greatest challenge in closing the loop is the fact that many components are not easy to separate out again. As such, recyclability by design is gaining popularity, enabling easier end-of-life recycling and reducing material costs. Digitalisation offers the promise of programming each material with a blockchain. At the end of use, information on optimal recycling processes could be easily extracted.

What sectors are investing in circular economy?

The circular economy offers opportunities across sectors.Manufacturing sectors are already heavily investing in circular economy andmore innovations are being driven by developments in neural networks,reinforcement learning, blockchain cryptography, reinforcement learning, andwireless sensors.