Industrial symbiosis involves industries exchanging byproducts and waste to be used as raw materials by other industries, allowing for more sustainable use of materials and contributing to a circular economy. The document discusses identifying opportunities for industrial symbiosis through data analysis, as well as common barriers like economic, operational, regulatory, and social challenges. When waste products are utilized between industries, costs can be significantly reduced while encouraging participation in industrial symbiosis and boosting regional circular economies.
Industrial symbiosis involves industries exchanging byproducts and waste to be used as raw materials by other industries, allowing for more sustainable use of materials and contributing to a circular economy. The document discusses identifying opportunities for industrial symbiosis through data analysis, as well as common barriers like economic, operational, regulatory, and social challenges. When waste products are utilized between industries, costs can be significantly reduced while encouraging participation in industrial symbiosis and boosting regional circular economies.
Industrial symbiosis involves industries exchanging byproducts and waste to be used as raw materials by other industries, allowing for more sustainable use of materials and contributing to a circular economy. The document discusses identifying opportunities for industrial symbiosis through data analysis, as well as common barriers like economic, operational, regulatory, and social challenges. When waste products are utilized between industries, costs can be significantly reduced while encouraging participation in industrial symbiosis and boosting regional circular economies.
• Industrial symbiosis is the process by which wastes or by‐
products of an industry or industrial process become the raw materials for another. • Application of this concept allows materials to be used in a more sustainable way and contributes to the creation of a circular economy. IDENTIFYING I-S OPPORTUNITIES • WASTE • MATERIAL INPUT • MATCHING PROCESS • CROSS COMPARISON ANALYSIS • RESULT AND DISCUSSION
THROUGH DATA ANALYSIS
BARRIERS • ECONOMIC BARRIERS • DIFFERENT INVESTMENT CYCLE • FLACTUATION IN DEMAND • OPERATIONAL • REGULATORY • SOCIAL Local governments and local governing modes • Industrial symbiosis can significantly reduce costs when the • waste products are utilised entirely by transferring them between the respective • industries. The environmental cost saving requires a reduction in • the use of fossil fuels in themain power plant. The wastemanagement forecast • encourages industries to participate in symbiosis, ultimately boosting • the circular economy of the region.