April 27, 2009

Recycling market declines

Market research firm IBISWorld reported that amid growing green businesses, the recycling market seems to be the only one that has really been hit by the economic recession.

Compared to green industries such as natural products, biotechnology, environmental consulting, hydroelectric and renewable power generation, the recycling market this year is expected to decline after growing 6.3% for the past five years until 2008, IBISWorld said.

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