The Organization for Economic Cooperation and Development predicted that global demand for materials would increase by more than 35 percent over the next 15 years, reaching 100 billion metric tons per year. In 2019, Singaporeans threw out 930,000 tonnes of plastic, of which only 37,000 tonnes – or 4 percent – were recycled.At the current rate of waste disposal indicate that the Semakau landfill, the only landfill in Singapore could be full by 2035, a decade ahead of the initially projected 2045.
Landfills all over the world are reaching their maximum capacity. Therefore to prevent waste and promote sustainability, Companies need to take discarded materials or end-of-life products and remake or recycle them. They will want to go along the “take-use-recycling” instead of the “take-use-discard” production cycle.