Press release
Plastic Waste Management Market to Witness Robust Expansion by 2023
New report published by Market Research Report Store (MRRS) which offers insights on the global Plastic Waste Management market.Plastic waste management is a collective term for various approaches and strategies used to recycle plastic materials that would otherwise be dumped into landfills, or bodies of water, or otherwise contaminate the environment. The idea behind this type of waste management is to utilize those discarded materials to manufacture new plastic products without the need to actually generate additional plastic materials. Doing so can help lower production costs as well as protect the environment.
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Global Plastic Waste Management Market: Forecast by Type / Application / Region
The demand of plastics is huge and every year thousands of tones plastics is made, in turn much plastic waste would be generated and needs to be dealt with. Plastic Waste Management is aimed to reasonably deal with the plastic waste in order to protect the environment and save resources. Plastic Waste Management can help reduce the manufacturing cost of companies by recycling the materials. The treatment methods include landfill, recycle and incineration. Landfill is the main method adopted and about 44773 K MT was treated by landfill in 2016.
Plastic Waste Management companies include Veolia Environnement, Suez Environnement, Waste Management, Republic Services, Stericycle, Clean Harbors, ADS Waste Holdings, Progressive Waste Solutions and Covanta Holding. Veolia Environnement owns the biggest plastic waste treatment capacity and in 2016 Veolia Environnement dealt 1333 K MT plastic waste.
In future, for one hand the resources will be more and more valuable and the environment protection will be paid more attention on for another hand due to its unique characteristics plastics will be still well received and lots of waste will be made. So plastic waste management will be the important method to connect the environment protection and resource saving.
Over the next five years, LPI(LP Information) projects that Plastic Waste Management will register a 4.3% CAGR in terms of revenue, reach US$ 34900 million by 2023, from US$ 27100 million in 2017.
Global Plastic Waste Management Market: Key Players
Veolia Environnement
Suez Environnement
Waste Management
Republic Services
Stericycle
Clean Harbors
ADS Waste Holdings
Progressive Waste Solutions
Covanta Holding
Remondis
Parc
Kayama
Shirai
New COOP Tianbao
China Recyling Development
Luhai
Vanden
Fuhai Lantian
Shanghai Qihu
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Related Information:
United States Plastic Waste Management Market Research Report 2018
Europe Plastic Waste Management Market Research Report 2018
North America Plastic Waste Management Market Research Report 2018
Asia-Pacific Plastic Waste Management Market Research Report 2018
China Plastic Waste Management Market Research Report 2018
EMEA Plastic Waste Management Market Research Report 2018
Global Plastic Waste Management Market Research Report 2018
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