Press release
Recycled Plastic Market Opportunities by Top Competitors Analysis Veolia, Jayplas, B&B Plastics Inc., Green Line Polymers, Pet Processors LLC, Imerys, Envision Plastics, The University of New Mexico, Plasgran, K K Asia (HK) Ltd., Pet Processors LLC, Cabka
Global Recycled Plastic
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Plastic is among the most popular material used in the modern world for packaging, automotive and other industrial use. However, it is also a huge problem and reason for which plastic should be recycled to protect the environment. Plastic recycling is the process of recovering different types of plastic material in order to reprocess into other products, unlike the original form. According to British Plastic Federation – plastic arising in the U.K. are 3.7 million tonnes out of which 32.0% is recycled and 70.0% recovered. The U.K. has a plastic packaging recycling target of 57.0% by 2020. The BPF and Plastics Europe with the support of WRAP are implementing the Plastics Industry Recycling Action Plan (PIRAP) to help meet this target. As per the Conversio report commissioned by Plastics Europe – All the EU countries in 2016 exceeded the EU minimum targets of 22.5% recycling. 26 countries recycled more than 30.0%, 15 countries even surpassed 40.0%. In 2014, Czechia ranked on the top with a recycling rate of 51.2% followed by Germany, Netherlands, Sweden, Ireland and Spain. This above factor proves that the environmental awareness among the people around the globe is increasing which will drive the demand for recycled plastic.
Market Drivers:
• Awareness about the harmful Impact of plastics disposal for the environment.
• Demand in packaging, automotive, and electrical & electronics sector
• Increase awareness towards energy saving
Key Market Competitors: Global Recycled Plastic Market
The key players operating in the recycled plastic market are
• Veolia
• Jayplas
• B&B Plastics Inc.
• Green Line Polymers
• Pet Processors LLC
• Clear Path Recycling,
• Custom Polymers,
• Plastipak Holdings, Inc.
• MBA Polymers Inc.,
• Joe’s Plastics Inc.,
• RJM International Inc.,
• Ultra-Poly Corporation,
• Asia Plastic Recycling Holding Limited,
• Imerys,
• Envision Plastics,
• The University of New Mexico,
• Plasgran,
• K K Asia (HK) Ltd.,
• Pet Processors LLC,
• Cabka Group,
• Phoenix Technologies,
• Fresh Pak Corporation,
• REPLAS and many more.
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Table of Contents
1. Introduction
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. Global, By Component
7. Product Type
8. Delivery
9. Industry Type
10. Geography
10.1. Overview
10.2. North America
10.3. Europe
10.4. Asia-Pacific
10.5. South America
10.6. Middle East & Africa
11. Company Landscape
12. Company Profiles
13. Related Reports
Market Segmentation: Global Recycled Plastic
By Source
• Foams
• Films
• Fibers
• Bottles
• Others
By Application
• Textile
• Packaging
• Automotive
• Building & Construction
• Electrical & Electronics
• Others
By Type
• Polystyrene
• Polyethylene
• Polypropylene
• Polyvinyl Chloride
• Polyethylene Terephthalate
• Others
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About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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Email: sopan.gedam@databridgemarketresearch.com
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