We have chosen three signature products to explore their circularity potential:
- Electronics
- Electric vehicles
- Wind turbines
Products in focus
Electronics
The market of global consumer electronics is estimated to worth US$1 trillion, and it is projected to continue growing fast. At the same time, electronics represent the fastest growing waste stream with an global waste generation of 57.4 million tonnes in 2021. The formal collection and of electronic waste is low, estimated at 20%, with the remainder 'hybernating' in our households or disposed of and recycled in informal settings.
Electric Vehicles (EV)
Electric Vehicles (EV) are key for decarbonising transport. Future projections estimate a rapid increase in the global EV fleet, and an exponential demand growth for raw materials required to produce EV batteries and e-powertrains. Given the early stages of EV-fleet deployment, a unique opportunity to design with CE-principles exist, which can be highly beneficial to the automotive sector.
Wind turbines
Wind turbines represent a renewable energy technology, essential for achieving decarbonisation targets and increasing energy security. The UK has set an ambitious target to reach up to 50GW of offshore wind deployment by 2030. This target is driving demand for components and materials required to produce wind turbines. At the same time, several installed windfarms are expected to reach the decomissioning stage very soon.