Due to the 'forever' degrading nature of plastic waste, plastic waste management is often complicated. The applications of plastic are ubiquitous and inevitable in many scenarios. Current global waste plastics production is ca. 3.5 MMT per year, and with the current trend, plastic waste production will reach 25,000 MMT by 2040. However, the rapid growth in plastic manufacture and the material's inherent nature resulted in the accumulation of a vast amount of plastic garbage. The current recycling rate is <10 %, while the large volumes of discarded plastic waste cause environmental and ecological problems. Recycling rates for plastic vary widely by region and type of plastic. In some developed countries, the recycling rate for plastics is around 20-30 %, while in many developing nations, it is much lower. These statistics highlight the magnitude of the plastic waste problem and the urgent need for comprehensive strategies to manage plastic waste more effectively and reduce its impact on the environment. This review critically analyses past studies on the essential and efficient techniques for turning plastic trash into treasure. Additionally, an attempt has been made to provide a comprehensive understanding of the plastic upcycling process, the 3Rs policy, and the life-cycle assessment (LCA) of plastic conversion. The review advocates pyrolysis as one of the most promising methods of turning plastic trash into valuable chemicals. In addition, plastic waste management can be severely impacted due to uncontrollable events, such as Covid 19 pandemic. Recycling and chemical upcycling can certainly bring value to the end-of-life plastic. However, the LCA analysis indicated there is still a huge scope for innovation in chemical upcycling area compared to mechanical recycling. The formulation of policies and heightened public participation could play a pivotal role in reducing the environmental repercussions of plastic waste and facilitating a shift towards a more sustainable future.
Keywords: Chemical recycling; Life-cycle assessment; Plastic management; Pyrolysis; Upcycling; Waste plastic.
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