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Global Plastic Recycling Market: Outlook and Growth Forecast for the Period 2018-2026 || Key Players - Kuusakoski, B&B Plastics Inc., CarbonLite Industries LLC, Custom Polymers Inc., Dart Container Corporation, Fresh-Pak Corp, Novolex, KW Plastics, MBA Po

10-04-2018 10:17 AM CET | Energy & Environment

Press release from: MRRSE

MRRSE

MRRSE

Market Research Reports Search Engine (MRRSE) has recently updated its massive report catalog by adding a fresh study titled “Global Plastic Recycling Market: Outlook and Growth Forecast for the Period 2018-2026”. This business intelligence study encapsulates vital details about the market current as well as future status during the mentioned forecast period of 2026. The report also targets important facets such as market drivers, challenges, latest trends, and opportunities associated with a growth of manufacturers in the global market for Plastic Recycling. Along with these insights, the report provides the readers with crucial insights on the strategies implemented by leading companies to remain in the lead of this competitive market.

Plastic recycling is a process of collecting plastic scrap or waste and reprocessing it into useful products. It may also be defined as the process of cleaning, sorting, and processing pre-consumer or post-consumer plastic waste into resins for various applications. Plastic scrap can be rigid (bottles, containers, furniture, etc.) and non-rigid (films, wrappers, pliable sheets, etc.). Plastic is non-biodegradable; recycling plays an important role in reducing plastic in the waste stream.

To Get Sample Copy of Report, Click here @ https://www.mrrse.com/sample/2472

Based on the material type, the plastic recycling market has been segmented into PET, PP, HDPE, LDPE, PS, PVC, and others. HDPE is a highly recycled plastic. It accounts for more than 30% share of the global plastic recycling market. HDPE is employed in various applications such as bottles, bottle caps, cable insulations, fuel tanks for automobiles, camera lenses, pipes, containers, storage sheds, and printing filaments. HDPE is also the most recycled polymer in the world, due to its high recyclability and strength. PET is largely recycled into PET fibers and yarns for textile applications. However, most plastics end up as construction products such as plastic lumber, landscaping furniture, and roof & floor tiles. Post-consumer polyethylene terephthalate (PET or PETE) containers are sorted into different colors. PET recyclers further wash and clean the flakes. The clean flake is dried, melted, reprocessed and then converted into useful products such as bottles, sheets, straps, monofilaments, masterbatches, injection molded articles, polyester staple fibers, and partially oriented yarns. rPET is widely used in the production of polyester fibers.

Based on application, the plastic recycling market has been segmented into packaging, automotive, construction, textile, and others (industrial, consumer goods, etc.). Plastic packaging is usually carried out in two forms: rigid packaging and flexible packaging. Rigid packaging usually includes containers, rigid bottles, and boxes, while flexible packaging comprises plastic wraps, carrier bags, sachets, packets, and covers. The construction industry has been using plastics since decades, as they are light in weight and durable. The construction industry primarily employs plastics in pipes (especially PVC pipes), cable insulations, storage tanks, roofing and roof decks, windows and doors, guard rails, fences, floor tiles, and hardware accessories.

In terms of region, the global plastic recycling market has been divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In terms of demand, Asia Pacific was the leading region of the global plastic recycling market in 2017. Large-scale production of plastic trash and the availability of cheap labor are key factors driving the demand for recycled plastic in the region.

The report analyzes and forecasts the market for plastic recycling at the global and regional levels. The market has been projected in terms of volume (kilo tons) and revenue (US$ Mn) from 2018 to 2026. The study includes drivers and restraints of the global plastic recycling market. It also covers the impact of these drivers and restraints on demand for plastic recycling during the forecast period. The report also highlights opportunities for expansion of the plastic recycling market at the global and regional levels.

The report comprises a detailed value chain analysis, which provides a comprehensive view of the global plastic recycling market. Porter’s Five Forces model for the plastic recycling market has also been included to help understand the competitive landscape of the market. The study encompasses market attractiveness analysis, wherein application segments have been benchmarked based on their market value, growth rate, and general attractiveness.

The study provides a decisive view of the global plastic recycling market by segmenting it in terms of material, application, and region. These segments have been analyzed based on present and future trends. Regional segmentation includes the current and forecast demand for recycled plastic in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report also covers individual application segments of the market in all the regions.

Browse Complete Report with TOC @ https://www.mrrse.com/plastic-recycling-market

The study includes profiles of major companies operating in the global plastic recycling market. Key players profiled in the report are Kuusakoski, B&B Plastics Inc., CarbonLite Industries LLC, Custom Polymers Inc., Dart Container Corporation, Fresh-Pak Corp, Novolex, KW Plastics, MBA Polymers UK Ltd., PLASgran Ltd., Plastipak Holdings, Inc., WM Recycle America LLC, and Wellpine Plastic. Market players have been profiled in terms of attributes such as company overview, business strategies, recent developments, and SWOT analysis.

The report provides the estimated market value of the global plastic recycling market for 2018 and forecast for the next eight years. Market numbers have been estimated based on material, application, and region. Market value and forecast for each material type and application segment have been provided for global and regional markets.

Plastic Recycling Market, by Material

Polyethylene Terephthalate [PET]

Polypropylene [PP]

High Density Polyethylene [HDPE]

Low Density Polyethylene [LDPE]

Polystyrene [PS]

Polyvinyl Chloride [PVC]

Others (ABS, Nylon, Polycarbonate, etc.)

Plastic Recycling Market, by Application

Packaging

Food Contact

Non-food Contact

Automotive

Construction

Textiles

Others (Industrial, Consumer Goods, etc.)

Global Plastic Recycling Market, by Region

North America

U.S.

Canada

Europe

Germany

Italy

U.K.

Italy

Spain

Russia & CIS

Rest of Europe

Asia Pacific

China

India

Japan

ASEAN

Rest of Asia Pacific

Latin America

Brazil

Mexico

Rest of Latin America

Middle East & Africa

GCC

South Africa

Rest of Middle East & Africa

Key Takeaways

The report provides extensive analysis of market trends from 2017 to 2026 in order to identify opportunities and market developments

It provides a comparative analysis of various applications, wherein plastic recycling is employed

The report also includes major sites of plastic recycling in North America, Europe, and the Asia Pacific as well as a list of manufacturers

It identifies key factors responsible to build the roadmap for upcoming opportunities for the plastic recycling market at the global, regional, and country levels

The report offers a comprehensive analysis with respect to investments and regulatory scenario that would subsequently impact the outlook and forecast of the global plastic recycling market between 2018 and 2026

The report provides detailed competition landscape for key players dominating the market in order to understand competition level

It includes Porter’s Five Forces analysis and SWOT analysis to highlight the power of buyers and suppliers

Enquire about this Report @ https://www.mrrse.com/enquiry/2472

About Market Research Reports Search Engine (MRRSE)

Market Research Reports Search Engine (MRRSE) is an industry-leading database of Market Research Reports. MRRSE is driven by a stellar team of research experts and advisors trained to offer objective advice. Our sophisticated search algorithm returns results based on the report title, geographical region, publisher, or other keywords.

MRRSE partners exclusively with leading global publishers to provide clients single-point access to top-of-the-line market research. MRRSE’s repository is updated every day to keep its clients ahead of the next new trend in market research, be it competitive intelligence, product or service trends or strategic consulting.

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