International Journal of Social Science & Economic Research
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Title:
EVALUATING THE ECONOMIC VIABILITY OF HIGH-QUALITY PLASTICS VS. RECYCLABLE PLASTICS: AN IN-DEPTH ANALYSIS OF MONETARY GAIN

Authors:
Kahira Singhal

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Kahira Singhal
Modern School Vasant Vihar New Delhi

MLA 8
Singhal, Kahira. "EVALUATING THE ECONOMIC VIABILITY OF HIGH-QUALITY PLASTICS VS. RECYCLABLE PLASTICS: AN IN-DEPTH ANALYSIS OF MONETARY GAIN." Int. j. of Social Science and Economic Re

References

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ABSTRACT:
The economic viability of high-quality plastics versus recyclable plastics involves various factors. High- quality plastics often provide better performance than recyclable plastics, but it is also costlier due to their production processes and materials. Recyclable plastics. They are cheaper production. They lower durability or performance. Economic viability requires considering multiple aspects like production costs, market demands, environmental impact, recycling, infrastructure, regulations, and end-user preferences. Recycled plastics, often contain higher levels of chemicals such as toxic flame retardants, benzene and other carcinogens, environmental pollutants including brominated and chlorinated dioxins, and numerous endocrine disruptors that can cause changes to the body's natural hormone levels. Recyclable plastics are derived from post-consumer or post-industrial plastic waste. Plastic are polymers, long chains of atoms arranged in repeating units and when recycled, plastic actually gets downcycled, meaning that the quality and durability decreases every time as these long chains of atoms get broken down and shortened The economic evaluation of high-quality plastics versus recyclable plastics is a multifaceted analysis encompassing several critical factors. While high-quality plastics exhibit superior performance characteristics, their elevated costs, attributed to intricate production processes and premium materials, contribute to a higher economic burden. Conversely, recyclable plastics present a potentially more economical production alternative, yet they may compromise on durability and overall performance. Achieving economic viability in this context necessitates a comprehensive examination of various dimensions, including production costs, market demands, environmental implications, recycling infrastructure, regulatory frameworks, and end-user preferences. Striking a balance among these considerations is imperative for informed decision-making in the plastic industry. A noteworthy aspect of recycled plastics introduces a complex dimension. These materials often contain heightened concentrations of chemicals, such as toxic flame retardants, benzene, carcinogens, and environmental pollutants like brominated and chlorinated dioxins. Furthermore, a myriad of endocrine disruptors are present, potentially inducing alterations in the body's natural hormone levels. This underscores the importance of understanding the environmental and health ramifications associated with recycled plastics.

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