The global plastics recycling market size was USD 38.52 Billion in 2021 and is expected to register a revenue CAGR of 15.7% during the forecast period, according to the latest analysis by Emergen Research. Increasing use of recycled plastic in packaging and automotive industries is a major factor driving market revenue growth. In addition, rising demand for advanced, innovative, and sustainable recycled plastic products, such as 3D printing plastic waste furniture, is driving revenue growth of the market. For example, a laboratory in Thessaloniki recycles plastic waste from Greek households to create urban furniture.
A thorough analysis of the micro markets with regards to the growth trends in each category makes the overall study interesting. When studying the micro markets, the researchers also dig deep into their future prospect and contribution to the Plastics Recycling industry. The report on global Plastics Recycling market is intended to offer business owners, stakeholders and field marketing executives a broad overview of the business they should be focussing on for the estimated period.
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The report further offers a complete value chain analysis along with an analysis of the downstream buyers and upstream raw materials. The study focuses on global trends, regulatory frameworks, and macro- and micro-economic factors. The report also provides an extensive analysis of the segment and sub-segmented expected to dominate the market over the projected period. The report offers a forecast estimation of the market with regards to the analysis of the market segmentation, including product type, end-user industries, application spectrum, and other segments.
Top Companies Operating in the Plastics Recycling Market and Profiled in the Report are:
Indorama Ventures Public Company Limited, Veolia, WM Intellectual Property Holdings, L.L.C., Unilever, Johnson Matthey, SUEZ, Republic Services, Inc., REMONDIS SE Co. KG, Econic Technologies, The Shakti Plastic Industries, Biffa, Waste Connections, CLEAN HARBORS, INC., KW Plastics and KW Plastics Recycling Division, and B B Plastics Inc.
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Objectives of the Report:
- Study of the global Plastics Recycling market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
- Industrial structure analysis of the Plastics Recycling market by identification of various sub-segments
- Extensive analysis of key market players along with their SWOT analysis
- Competitive landscape benchmarking
- Analysis of Plastics Recycling market based on growth trends, futuristic outlook, and contribution to the total growth of the market
- Analysis of drivers, constraints, opportunities, challenges, and risks in the global Plastics Recycling market
- Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
Emergen Research has segmented the global plastics recycling market based on product type, source, end-users, and region:
Product Type Outlook (Revenue, USD Billion; 2019–2030)
- Polyethylene Terephthalate
- Polyethylene
- Polystyrene
- Polyvinyl Chloride
- Polypropylene
- Others
Source Outlook (Revenue, USD Billion; 2019–2030)
- Bottles
- Films
- Foams
- Fibers
- Others
End-Use Outlook (Revenue, USD Billion; 2019–2030)
- Building Construction
- Automotive
- Packaging
- Textile
- Electrical Electronics
- Others
Plastics Recycling Market Segmentation by Regions:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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