Tools commonly used in the Plastic Recycling (Wholesale) industry for day-to-day tasks and operations.

• Plastic shredders
• Granulators
• Extruders
• Balers
• Conveyors
• Separators
• Compactors
• Grinders
• Wash lines
• Optical sorters

Common products and services typical of NAICS Code 423930-13, illustrating the main business activities and contributions to the market.

• PET bottles
• HDPE containers
• PVC pipes
• LDPE films
• PP bags
• PS foam
• ABS parts
• Nylon fibers
• Polycarbonate sheets
• Acrylic scraps

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

• Sustainable Materials Management (SMM) Electronics Challenge: The SMM Electronics Challenge is a voluntary program that encourages electronics manufacturers, brand owners and retailers to strive to send 100% of the used electronics they collect from the public, businesses and within their own organizations to third-party certified electronics refurbishers and recyclers.
• Responsible Recycling (R2) Standard: The R2 Standard is a set of guidelines for electronics recyclers that promotes environmentally responsible practices. It covers the entire lifecycle of electronic devices, from design and production to end-of-life management.
• ISO 14001: The ISO 14001 standard is an internationally recognized environmental management system (EMS) that helps organizations minimize their environmental impact and comply with environmental regulations.
• OSHA Hazard Communication Standard: The Hazard Communication Standard (HCS) is a set of guidelines from the Occupational Safety and Health Administration (OSHA) that requires employers to provide information to their employees about the hazardous chemicals they work with.
• National Association for Information Destruction (NAID) Certification: The NAID Certification Program is a voluntary program for companies that provide information destruction services. It sets standards for the secure destruction of confidential information and ensures that companies comply with all relevant laws and regulations.

A concise historical narrative of NAICS Code 423930-13 covering global milestones and recent developments within the United States.

• The Plastic Recycling (Wholesale) industry has a relatively short history, with the first recycling program for plastics only starting in the 1980s. Since then, the industry has grown significantly, with notable advancements such as the development of new recycling technologies and the expansion of recycling programs to include more types of plastics. In recent years, the industry has faced challenges such as the China National Sword policy, which restricted the import of plastic waste, and the COVID-19 pandemic, which disrupted supply chains and reduced demand for recycled plastics. Despite these challenges, the industry has continued to grow and innovate, with companies exploring new ways to recycle plastics and reduce waste. In the United States, the Plastic Recycling (Wholesale) industry has seen significant growth in recent years, driven by increasing demand for recycled plastics from manufacturers and consumers. The industry has also benefited from government initiatives such as the Plastic Pollution Reduction Act, which aims to reduce plastic waste and promote recycling. However, the industry has faced challenges such as the lack of infrastructure for recycling certain types of plastics and the high cost of recycling compared to producing new plastics. Despite these challenges, the industry is expected to continue growing in the coming years, driven by increasing awareness of the environmental impact of plastic waste and the need for sustainable solutions.

The anticipated future trajectory of the NAICS 423930-13 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Growing

  The future outlook for the Plastic Recycling (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for recycled plastic products. The growing awareness of environmental issues and the need to reduce plastic waste is driving the demand for recycled plastic products. The industry is also expected to benefit from the increasing use of recycled plastic in various industries such as packaging, automotive, and construction. The industry is also likely to benefit from government initiatives aimed at promoting recycling and reducing plastic waste. However, the industry may face challenges such as the availability of raw materials and the competition from other recycling industries.

Recent groundbreaking advancements and milestones in the Plastic Recycling (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.

• Development Of New Technologies for Sorting and Processing Plastic Waste: New technologies are being developed to improve the efficiency of plastic waste sorting and processing. These technologies include advanced sensors, robotics, and artificial intelligence.
• Use Of Blockchain Technology to Track Plastic Waste: Blockchain technology is being used to track plastic waste from collection to recycling. This technology can help to increase transparency and accountability in the recycling process.
• Development Of New Recycled Plastic Products: Companies are developing new recycled plastic products such as furniture, clothing, and building materials. These products are gaining popularity due to their eco-friendliness and durability.
• Collaboration Between Companies and Governments to Promote Recycling: Companies are partnering with governments to promote recycling and reduce plastic waste. These partnerships involve initiatives such as awareness campaigns, recycling programs, and incentives for recycling.
• Investment In Recycling Infrastructure: Companies are investing in recycling infrastructure such as recycling plants and collection systems. This investment is aimed at increasing the efficiency and capacity of the recycling process.