Champions Radar – Plastic Circularity

Executive Overview

As governments enforce stricter regulations and push the industry to adopt a more circular approach, companies are forced to redesign their products in order to minimize waste, maximize reutilization, and increase the percentage of recycled materials. According to OECD, secondary plastics are expected to have a high growth in the upcoming years. But the industry is facing technological challenges related to product design, advanced recycling plants automation and optimization, and reliable value chains.

To address this complex challenge, ARC has explored the requirements of the market and mapped it with the solutions that leading automation companies are providing. The aim of this research is to understand how well these companies are fulfilling the need to enable the scalability of a circular economy.

After analyzing more than 15 companies, we focused on the 10 companies showing more capabilities to support the circular economy. Two are the leaders in the market as they cover most of the challenges defined together with end users. Companies tend to show a high level of experience in each of the solutions that are offered, but the specific experience on advanced recycling is limited to a few. These are the key highlights:

• Two leaders in the industry: Siemens and Schneider Electric.
• Honeywell has a high level of expertise and experience as they are able to license their own pyrolysis plants.
• Aspen Technology is the only company with pre-built models for advanced recycling.

Introduction to Champions Radar

The Value of Champions Radar

The objective of Champions Radar is to map the solutions offered by providers to address specific market demands. Its goal is to evaluate how effectively these solutions meet market needs. This research provides valuable insights for both end users and solution providers.

For end users, it identifies market leaders capable of addressing their specific requirements. By leveraging the research findings, end users can pinpoint potential providers that align closely with their unique needs.

For solution providers, the Champions Radar offers a different kind of value. It provides a comparative analysis, highlighting their strengths and weaknesses in relation to competitors. Additionally, it identifies opportunities for growth and market expansion.

Notably, the process of participating in this survey itself offers benefits: it helps providers gain a clearer understanding of their solutions and how effectively they are communicated to the market.

Table of Contents

Executive Overview
Introduction to Champions Radar
Champions Radar for Plastic Circularity
Key Market Trends
Recommendations 

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