The textile waste challenge.
The textile and fashion industry is facing a huge challenge forward:
• Is forecasted to process 150 million tonnes/year of fibers in 2030
• Is responsible for close to 10% of global CO2 emissions
• Consumes 7,000-29,000 liters water/kg textile
• Generates 10 million tonnes of textile waste in Europe by 2030
Less than 1% of textile waste is currently recycled!
Global Polyester Fibre Market
Polyester downcycling.
More than 80 million tones of fossil polyester is produced annually and more than 60% is used for synthetic fibers which are unrecyclable today. About 10 million tonnes of polyester fibers is produced from downcycled PET bottles.
An increasing demand for closed loop recycling.
• 60-70% recycled fibre supply shortage forecasted for 2030
• No established technologies for fibre-to-fibre recycling of polyester
• Bottled based fibers supply under increasing pressure
• Regulatory pressure to stop
• EU Green Claims Directive
• Brands moving to close the PET bottle loop
