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.
Subject matter experts conducting the study also take a closer look at the products at their development stage and in the pipeline to help business owners conclude on the business strategies that can lower their cost and promise great returns or profits. Strong emphasis on new launches, acquisition and mergers, collaboration, import and export status and supply chain management empowers the business evangelists, manufacturers and business owners build a robust strategy when it comes to making an investment.
Top competitors of the Plastics Recycling Market profiled in the report include:
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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The Global Plastics Recycling Market report provides full coverage of the companies’ data, including details about their production and manufacturing capacity, product portfolio, business overview, revenue, gross profit margins, sales network and distribution channel, financial standing, and market position. The report also studies business strategies and strategic alliances undertaken by companies to gain a robust footing in the market. The report sheds light on the mergers and acquisitions, collaborations, joint ventures, brand promotions and product launches, agreements and partnerships, and corporate and government deals. The comprehensive analysis of the competitive landscape offers the readers a deeper understanding about the competitors.
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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
Regional Analysis of the Plastics Recycling Market:
- 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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Key Objectives of the Report:
- Analysis and estimation of the Plastics Recycling market size and share for the projected period of 2020-2027
- Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
- Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Plastics Recycling market
- Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
- Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
Market Overview:
The research report on the Plastics Recycling market is formulated through extensive primary and secondary research along with qualitative and quantitative analysis of vital aspects of the market. The insightful data is further validated and verified by the industry professionals. The report strives to offer deeper insights into the overall market scenario of the Plastics Recycling business sphere.
Thank you for reading the report. The report can be customized as per the requirements of the clients. For further information or query about customization, please reach out to us, and we will offer you the report best suited for your needs.
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