Market uncertainty clouds gathering of plastics recyclers

Tough market conditions dominate the plastics recycling show K2025 taking place in Dusseldorf, Germany but industry experts have a strong belief in better times to come. 

At a press conference, experts highlighted emerging opportunities, including artificial intelligence, digitalisation and workforce renewal –  alongside persistent hurdles in sustainability and recycling.

‘These are uncertain times,’ said Ulrich Reifenhäuser, chairman of the K2025 Exhibitors’ Committee. ‘We do have problems and the industry does suffer. But plastics remains the most important and successful material made.’

K 2025 is hosting 3 200 exhibitors from 66 nations, said to be the broadest international participation in the event’s history, said Marius Berlemann, md of Messe Düsseldorf.

Challenge has a cost

Sustainability remains the industry’s defining challenge. Recycled plastics still cost more and perform at only about 80% compared of virgin material levels. Europe’s strong regulatory drive towards circularity has spurred innovation but also added strain.

‘All these activities are done with fantastic intentions,’ said Christine Bunte, md of Plastics Europe Germany. ‘But good intentions don’t always make good laws.’ Meeting the EU’s target to replace 65% of fossil fuels by 2050 could require investment of up to EUR 235 billion, Bunte said.

Major role for AI

AI and data-driven systems, particularly for improving recycling efficiency and addressing labour shortages, are featuring prominently at this year’s fair.