If you need validation for our quality, simply take a glance at brands that have trusted Fluent Conveyors. We have worked with some of the biggest brands on the planet, providing them with top conveyor systems to match their demanding requirements.
According to the market research report published by P&S Intelligence, the global plastic recycling market size generated revenue of $41,238.8 million in 2018, which is expected to reach $64,139.7 million by 2024 and progressing at a CAGR of 8.6% during the 2019–2024 period.(https://www.globenewswire.com/news-release/2019/10/09/1927072/0/en/Plastic-Recycling-Market-Share-to-Hit-64-139-7-Million-by-2024-P-S-Intelligence.html)
In 2018, the food and beverage industry accounted for the largest generation of plastic waste for the production of recycled plastics. This looked like a volume of recycled plastics of 26,484.0 kilotons in 2018, which is expected to reach 42,845.7 kilotons by 2024, at a CAGR of 8.7% (https://www.globenewswire.com/news-release/2019/10/09/1927072/0/en/Plastic-Recycling-Market-Share-to-Hit-64-139-7-Million-by-2024-P-S-Intelligence.html)
Historically, PE was the most recycled material out of all the types of recyclable plastic in the global market. The volume size of this category is projected to witness a CAGR of 8.7% during the forecast period. This can be attributed to the combination of three factors: the high production volume of virgin PE, high waste generation and disposal rate, and an appreciable recycling rate for this plastic type.
Most recycled plastic type
Sorting and removal of contaminants from waste plastic, as well as classification, are the largest complications to finding industrial solutions for recycling plastics. Sorting with a plastic recycling machine is also a crucial step to achieving cost optimization and maintaining efficiency of the production process. Additionally, it helps in reducing contaminant. All in all, clean, sorted and classified plastic and the use of recycling bins are necessary for recovering the most value from the commodity.
Fluent Conveyors offers many cost-effective solutions for efficiently separating plastics from single stream and from commingled containers bins. Our goal is fast, efficient and low maintenance systems that will run reliable and last a long time – ensuring to protect your overhead and offer a quick ROI. Fluent offers standard manual sort systems from 3 man up to 12 man and beyond, as well as fully custom semi-automated sorting systems. Fluent can build the system around your needs, utilizing Magnetic belts, eddie currents, ballistic separators, fines screens, optical sorters, slider bed conveyors and more. Fluent also offers many different belt options from our massive roller chain conveyors for high impact and high load applications, to post sort baler infeed conveyors.