- The Next Markets Program initially focuses on circular packaging, plastics recycling, and defense and aerospace.
- Pilot projects include using pyrolysis to recover chemicals from polyolefin waste.
- Evonik collaborates with BMW to recycle painted plastic components for automotive use.
- The program addresses demand for system solutions in defense, aerospace, and aviation.
Program Overview
Evonik's Next Markets Program aims to drive growth by targeting emerging markets linked to its core businesses. The initiative leverages the company's expertise to offer holistic solutions in these sectors.
Focus Areas
The program initially concentrates on circular packaging, plastics recycling, and defense and aerospace. These sectors are experiencing rapid change and demand innovative solutions.
Pilot Projects
One project explores using pyrolysis to recover high-value chemicals from polyolefin-based mixed plastic waste. Evonik addresses challenges like impurities and storage stability to improve process efficiency.
In collaboration with BMW and funded by the German Federal Ministry for Economic Affairs and Climate Action, Evonik has developed a technology to separate paints from plastics, producing high-quality recyclates for automotive use.
Defense and Aerospace
The program also targets system solutions in defense, aerospace, and aviation, focusing on high-performance plastics, foams, and specialty additives to enhance heat resistance, durability, and weight reduction.