Sustainability and circularity sector in Spain

February 11, 2025
by a searcher from IESE Business School in Barcelona, Spain
I am looking into this sector as a potential opportunity in Spain in the coming 5-10 years.
does anyone who have looked into it have an opinion or good advice?
thanks!
from Université Paris in Barcelone, Espagne
My point on that particular sector is that Spain is much more advanced than many countries in Europe in terms of capacity of treatment.
However, the rationale of me non pursuing on that sector has been those first insights (do not take it as granted as it is based in 5 experts interviews and some online information)
1) the market relies on regulations that is taking a long time to move
2) the market is very sensitive to the Oil pricing and as of today "New plastic" remains cheaper for industrials
3) Integration of recycled plastics within industrial process requires adaptation of the industrial operations and can be costly
4) part of our industry in needs of plastics has been relocated into Eastern Europe / China adding a lot of complexity to the logistic scheme of recycled plastics
For the remaining part of Circular economy and Sustainability topics I agree on the trend for upcoming years, you need to find an economic model that starts to be validated.
from IESE Business School in Madrid, España