Plastic Recycling Market To worth USD 53.72 billion By 2023 | Competitive Landscape By PLASgran, UltrePET, Kuusakoski, Envision Plastics, KW Plastics, Custom Polymers, AERT, MBA Polymers and CarbonLITE

Global Plastic Recycling Market Information by Material (Polyethylene Terephthalate (PET), High-Density Polyethylene (HDPE), Polypropylene (PP), Low-Density Polyethylene (LDPE) and Other), by Recycling Process (Mechanical, and Chemical), Application (Packaging, Construction, Automotive, and Other) and by Region - Forecast to 2023

The key players of global plastic recycling market are PLASgran Ltd. (U.K.), UltrePET, LLC. (U.S.), Kuusakoski Oy (Finland), Envision Plastics (U.S.),KW Plastics, Inc.U.S.), Custom Polymers, Inc. (U.S.), Advanced Environmental Recycling Technologies, Inc. (U.S.), MBA Polymers UK Ltd. (U.K.), CarbonLITE Industries (U.S.), and Green-O-Tech India (India).

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Global Plastic Recycling Market – Overview

The usage of plastic in the packaging sector especially has increased at a phenomenal pace in the past few years. Focused Market reports connected to the packaging & transport sector among others lately have been made available by Market Research Future which publishes a report on this sector. The industry is expected to display a CAGR of 6.5 percent while the market is expected to achieve revenues worth USD 53.72 billion by the end of the forecast period.

The ease of accessibility to plastic and their economical nature has boosted the growth of the market greatly in the past few years. The demand for recycling plastic products has gained significant momentum due to negative effects that it inflicts on the environment. The development of technology in the sector for plastic recycling will increase the expansion rate of the industry favorably in the forecast period.

Industry/ Innovation/ Related News:

September, 2017 - Automotive power Management Company Eaton Corp. developed what it says is a cost-effective and lightweight alternative to the aluminum tubing and rubber components used in traditional air conditioning lines for the automotive industry. The Eaton Polymer Air Conditioning Conveyance System (PACCS) is made from a blended thermoplastic material that can withstand high system pressure and offers chemical resistance to oils and refrigerants commonly used in automotive air conditioning systems..

November, 2017– NSK Ltd held a groundbreaking ceremony for Building No. 3 at the Haruna plant on October 17, 2017.The average car has anywhere from 20 to 140 needle bearings. Due to this relatively high number of bearings per vehicle, the growing Chinese auto market, and automatic transmissions with more gear stages than conventional units, global demand for needle bearings is expected to continue to see strong growth.

Plastic Recycling Market – Segmentation

The Global Plastic Recycling Market is segmented in to 4 key dynamics for the convenience of the report and enhanced understanding;

Segmentation by Material : Comprises Polyethylene Terephthalate (PET), High-Density Polyethylene (HDPE), Polypropylene (PP), Low-Density Polyethylene (LDPE) and Other)

Segmentation by Recycling Process : Comprises Mechanical, and Chemical

Segmentation by Application : Comprises Packaging, Construction, Automotive, and Other

Segmentation by Regions : Comprises Geographical regions - North America, Europe, APAC and Rest of the World.

Plastic Recycling Market: Regional Analysis

Asia-Pacific dominates the global plastic recycling market followed by Europe. Availability of cheap labor and relatively lenient governmental regulations in this region ultimately increase the demand of plastic recycling. This region is expected to grow at the fastest pace during the forecast period. Europe is another important market that is expected to contribute significantly during the forecast period mainly due to rising awareness regarding environmental protection.

Scope of Report

The report for Global Plastic Recycling Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions

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Study Objectives of Global Plastic Recycling Market

• To provide detailed analysis of the market structure along with forecast for the next five years of various segments and sub-segments of the global plastic recycling market

• To provide insights about factors affecting the market growth

• To analyze the global plastic recycling market based on various tools such as Price Analysis, Supply Chain Analysis, Porter’s Five Forces Analysis

• To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies, North America, Europe, APAC, and Rest of the World (ROW) and their countries

• To provide country level analysis of the market with respect to the current market size and future prospective

• To provide country level analysis of the market segmented, by material, by recycling process, by applications, and by regions

• To provide strategic profiling of the key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market

• To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the plastic recycling market

Table of Contents:

1 Executive Summary

2 Research Methodology
2.1 Scope of the Study
2.1.1 Definition
2.1.2 Research Objective
2.1.3 Assumptions
2.1.4 Limitations
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market Size Estimation
2.4 Forecast Model

3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/value Chain Analysis
3.4 Porter’s Five Forces Analysis

Continued...........

List of Tables

Table 1 Global Plastic Recycling Market, by Material
Table 2 Global Plastic Recycling Market, by Recycling Process
Table 3 Global Plastic Recycling Market, by Application
Table 4 Global Plastic Recycling Market, by Regions
Table 5 North America Plastic Recycling Market, by Country
Table 6 North America Plastic Recycling Market, by Material
Table 7 North America Plastic Recycling Market, by Recycling Process
Table 8 North America Plastic Recycling Market, by Application
Table 9 U.s. Plastic Recycling Market, by Material
Table 10 U.s. Plastic Recycling Market, by Recycling Process

Continued.........

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