Plastic Waste Management Market 2018 Industry Trends, Leading Players: SUEZ Environnement Company, Republic Services, Waste Management, Veolia Environnement S.A, Stericycle

Overview:

The global plastic waste management market is deemed to experience a moderate CAGR of 3% during the review period (2017-2023), asserts Market Research Future (MRFR). Plastic has recently emerged as an indispensable component for various applications. Along with it, an increasing awareness can also be witnessed regarding the plastic waste management as it supports the restoration of fossil fuel energy.

Drivers and Restraints:

Growing ecological concern has led to the adoption of plastic waste management worldwide. This effective waste management method is ensured to leave a minimal carbon footprint by saving landfills and conserving up to 80% of the energy for the production of new plastic-based components. The industrial application for the recycled plastic products can propel the market of plastic waste management.

Governments of various nations are also showing a keen interest in this plastic waste management procedure. Hazards related to plastic usage has given rise to concerns regarding its usage. Governments are now imposing several stringent measures and stipulations to lower the carbon footprint, therefore, giving rise to the implementation of plastic waste management.

However, the existing plastic recycling processes are complex and incur high-cost. At the same time, the market requires innovations to make the process simpler and more effective to ease up the market advancements.

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Key Players of Global Plastic Waste Management Market Are:

Veolia Environnement S.A. (France), SUEZ Environnement Company (France), Waste Management Inc. (U.S.), Republic Services Inc. (U.S.), Stericycle Inc. (U.S.), ADS Waste Holdings, Inc. (U.S.), Remondis SE & Co. KG (Germany), Clean Harbors Inc. (U.S.), Hawkvale Limited (UK), Hahn Plastics Limited (UK), Covanta Holding Corporation (U.S.), Progressive Waste Solutions Ltd. (Canada), Luxus Limited (U.K.), PLASgran Ltd. (U.K.), and United Plastic Recycling, Inc. (U.S.)

Regional Analysis:

The plastic waste management program is widely practiced in North America and Europe owing to supportive regulations and rising awareness among the population regarding hazards related to plastic waste. Enhanced recycling rate is expected provide an ideal opportunity to new emerging economies activities and create new jobs across the globe. Moreover, it is expected to offer improved plastic waste management system and reduce consumption of fossil fuels as well as diminish greenhouse gas emissions.

Market Segmentation

Global plastic waste management market is segmented based on service & equipment,

polymer, source and end-user sector and region. Based on the service & equipment, the market is segmented into collection, recycling, incineration, and disposal. The recycling is anticipated to dominate the plastic waste management market over the review period 2017-2023. The numerous advantages of recycling with growing government initiative to promote recycling is driving the growth of this segment. Based on the polymer, the market is further segmented into polypropylene (PP), low-density polyethylene (LDPE), high-

density polyethylene (HDPE), polyvinyl chloride (PVC), and others. Polypropylene

The global plastic waste management market is highly fragmented with numerous international, regional, and local vendors. The competition among the manufacturers have recently intensified due to availability and introduction of innovative products in the market. Also, the competition among the manufactures have increased in terms of portfolio and pricing. The global plastic waste management market is expected to witness a number of the expansion activities over the forecast period and is likely to be followed by the launch of new products or new product development.

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Table of Content

1 Executive Summary

2 Scope Of The Report

3 Market Landscape

4 Market Dynamics

5 Global Plastic Waste Management Market, By Service & Equipment

6 Global Plastic Waste Management Market, By Polymer

7 Global Plastic Waste Management Market, By Source

8 Global Plastic Waste Management Market, By End-Use

9 Global Plastic Waste Management Market, By Region

10 Competitive Landscape

11 Company Profile

Continued…….

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This release was published on openPR.