Emergen Research has recently published a detailed report on the global Certified Circular Plastics market formulated through extensive primary and secondary research. The report offers in-depth knowledge and analysis of the Certified Circular Plastics market through verified and validated data curated to offer accurate insights. The report also offers a region wise and country wise analysis of the Certified Circular Plastics market and contains a detailed analysis of the key elements influencing the growth of the market in the region. The research study also contains historical, current, and forecast estimations for each sector, segment, sub-segment, and regions.
certified circular plastics market size is expected to reach USD 3.93 Billion in 2030 and register a steady revenue CAGR of 12.3% over the forecast period, according to latest analysis by Emergen Research. Steady certified circular plastics market revenue growth can be attributed to rapid rise in demand for eco-friendly and sustainable plastics and packaging materials. Plastics output around the globe has reached 311 million metric tons, and it is expected to grow at a rate of roughly 4% per year over the foreseeable future. While plastics provide numerous benefits in terms of packaging and usage etc., concerns continue to increase regarding the potential harm that chemical components of plastics can cause to human health and the environment. A circular economy reduces waste, maximizes value, and makes effective use of plastic. This will also help to safeguard the environment, minimize marine litter, greenhouse gas emissions, and human reliance on fossil fuels in the process.
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The report on the Global Certified Circular Plastics Market is an investigative study on the key features of the business landscape along with an analysis of the growth opportunities, challenges, threats, drivers and restraints, and limitations of the market. The report also offers insights into the segments, sub-segments, and regions exhibiting promising growth.
The report further sheds light on the competitive landscape of the Certified Circular Plastics market to offer the readers an advantage over others. The competitive landscape section of the report talks about the recent advancements in the RD and technologies undertaken by the prominent players, along with their strategic business expansion plans, product launches, and brand promotions. The report pays special attention to the strategic alliances such as mergers and acquisitions, joint ventures, collaborations, agreements, corporate and government deals, and others adopted by the prominent players of the industry to expand their market presence and gain a substantial market position.
The prominent players profiled in the report are:
BASF SE, SABIC, INEOS Styrolution Group GmbH Mainzer Landstraße, The Dow Chemical Company, Exxon Mobil Corporation, Eastman Chemical Company, Lyondell Basell Industries Holdings B.V., Loop Industries, Inc., Chevron Phillips Chemical Company LLC., and IBM Corporation.
Emergen Research has segmented the global certified circular plastics market on the basis of type, application, end-use, and region:
- Type Outlook (Revenue, USD Million; 2019–2030)
- Polyethylene Terephthalate
- High-Density Polyethylene
- Polyvinyl Chloride
- Low-Density Polyethylene
- Polypropylene
- Polystyrene
- Others
- Application Outlook (Revenue, USD Million; 2019–2030)
- Packaging
- Grocery Bags
- Others
- End-Use Outlook (Revenue, USD Million; 2019–2030)
- Food Beverages
- Healthcare
- Household
- Building Construction
- Agriculture
- Electrical Electronics
- Others
To know more about the report, visit @ https://www.emergenresearch.com/industry-report/certified-circular-plastics-market
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