The Circular Economy: Strategic Intelligence
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All the vital news, analysis, and commentary curated by our industry experts.
The circular economy is an industrial system designed to eliminate waste and pollution, keep products and materials in use, and regenerate natural systems.
It aims to replace the traditional linear economy, which typically follows a take-make-use-dispose path. Circular initiatives and recycling have grown significantly since the Ellen MacArthur Foundation began campaigning in 2010. However, the transition to circularity is not moving quickly enough to keep up with the extraction and disposal of materials.
Scope
The circular economy is a fundamentally different approach to how products are designed, produced, and used, in which economic progress is decoupled from the consumption of Earth's finite resources. The global economy must shift from a linear model to a circular one to tackle resource scarcity and climate change.
This report provides an overview of the circular economy, tracks its rise to prominence, and evaluates the potential for further progress. It also includes GlobalData's circular economy framework, which demonstrates how a product’s lifecycle is circular across the production and consumption cycles.
The report includes analysis of the circular economy's impact on the technology, industrials, consumer, and healthcare sectors.
Key Highlights
By 2030, there will be 82 million tons of e-waste produced annually. The growth of AI is increasing demand for data centers, which are extremely energy- and water-intensive. Technology companies can adopt circular principles to reduce global e-waste and conserve energy and water resources. Improving recycling infrastructure, designing modular devices and data centers that can be dismantled, repaired, and reused, and increasing access to product leasing will all help reduce the tech sector’s wastefulness.
EVs, batteries, and renewable energy technologies need critical minerals. Demand for critical minerals like lithium and nickel will double by 2040, but resources are finite. Industrial symbiosis is where waste from one process becomes a resource for another. Byproducts like heat and water can be shared, reducing external dependence on supply chain inputs. This kind of circularity means industrial operations can reduce pollution levels by reducing waste and become more resilient to supply shocks.
Reasons to Buy
As humankind grapples with the challenges of living sustainably and limiting climate change, the importance of the circular economy is clear. This report will help you understand what the circular economy is, why it is important, and how it could impact your business.
Apple
BMW
BP
CHG
Cipla
Cisco
Danone
Dassault Systèmes
DataBeyond
Dell
Enerkem
ExxonMobil
Ford
Goterra
Grover
HEP
HP
Hyperion Robotics
IBM
Kalundborg Bioenergi
Kalundborg Forsyning
Lenovo
Microsoft
Norkram
Novo Nordisk
Olympus
Ørsted
Raizen
Raylo
Rentomojo
TotalEnergies
TXO
Vale
Volkswagen
Volvo
Table of Contents
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