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Published in:
2018 | OriginalPaper | Chapter
12. Recycling and Upcycling
Author : Mats Larsson
Published in: Circular Business Models
Publisher: Springer International Publishing
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Abstract
In some industries, such as steel and aluminium, materials recycling is applied to a large extent. There are also a number of countries where waste sorting has become the preferred practice. There are still substantial unused opportunities to increase waste sorting and recycling in many countries and industries. The practice of upcycling is intended to reutilize a larger share of the value that has been added to products through production and distribution. There are already examples of companies that apply principles of upcycling. Opportunities for upcycling are closely linked to customer choices. It turns out to be more difficult to develop profitable business models for the upcycling of low-priced products, compared to high-value items.