Press release
Plastic Recycling Market Drivers, Restraints, Growth Opportunities, and Challenges 2018 to 2026
Plastic Recycling Market - OverviewPlastic 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.
Based on 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, master batches, injection molded articles, polyester staple fibers, and partially oriented yarns. rPET is widely used in the production of polyester fibers.
Request a Sample PDF Report: https://www.researchmoz.us/enquiry.php?type=S&repid=979330
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 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 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 competition 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.
View Complete TOC with Tables and Figures index at: https://www.researchmoz.us/plastic-recycling-market-global-industry-analysis-size-share-growth-trends-and-forecast-2016-2024-report.html/toc
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.
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.
About Us
ResearchMoz is the world’s fastest growing collection of market research reports worldwide. Our database is composed of current market studies from over 100 featured publishers worldwide. Our market research databases integrate statistics with analysis from global, regional, country and company perspectives. ResearchMoz’s service portfolio also includes value-added services such as market research customization, competitive landscaping, and in-depth surveys, delivered by a team of experienced Research Coordinators.
Contact Us:
Mr. Nachiket
Albany NY - 12207
United States
Tel: +1-518-621-2074
Tel: 866-997-4948 (Us-Canada Toll Free)
Email: sales@researchmoz.us
tmrresearchblog.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Plastic Recycling Market Drivers, Restraints, Growth Opportunities, and Challenges 2018 to 2026 here
News-ID: 1464484 • Views: …
More Releases from Researchmoz
Robotic Process Automation (RPA) Market 2021-2026: Market Analysis, Drivers, Res …
Robotic Process Automation (RPA) Market Report offers a detailed analysis of the industry size, regional landscape and therefore the revenue forecast concerning this vertical. The report further highlights the primary challenges and latest growth strategies embraced by key players that constitute the dynamic competitive spectrum of this business domain.
Crucial information and forecast statistics covered within the Robotic Process Automation (RPA) Market report will arm both existing and emerging market players…
Know in depth about Voice and Speech Analytics Market – Growth, Opportunities …
Voice and Speech Analytics Market Report offers a detailed analysis of the industry size, regional landscape and therefore the revenue forecast concerning this vertical. The report further highlights the primary challenges and latest growth strategies embraced by key players that constitute the dynamic competitive spectrum of this business domain.
Crucial information and forecast statistics covered within the Voice and Speech Analytics Market report will arm both existing and emerging market players…
Digital Remittance Market Dynamics, Comprehensive Analysis, Growth Prospects and …
This report on the global Digital Remittance Market assures a treasure of information on a plethora of growth opportunities. All the growth factors revolving around the Digital Remittance market across the assessment period of 2020-2026 have been systematically included in the report. The indepth assessment includes including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles…
Microbiome Therapeutics Market is Booming Worldwide – Gaining Revolution in Ey …
This report on the global Microbiome Therapeutics Market assures a treasure of information on a plethora of growth opportunities. All the growth factors revolving around the Microbiome Therapeutics market across the assessment period of 2020-2026 have been systematically included in the report. The indepth assessment includes including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles…
More Releases for Plastic
Plastic bottles at events - Better party with plastic
Partying, dancing, camping - festivals attract hundreds of thousands of visitors every year in Germany alone. One challenge: supply and safety. For this reason, drinks in glass bottles are banned at most events due to the risk of injury. Lightweight and unbreakable plastic bottles, on the other hand, are considered a safe and practical alternative. Not only that: they can even be used to make a musical instrument.
Festivals or pageants…
Plastic Pallet With Plastic Crate Use: Efficient Material Handling
When it comes to efficient moving and storage of goods, a combination of plastic pallets [https://www.agriculture-solution.com/plastic-pallet/]and plastic crates is a popular choice. They are widely used in various industries such as manufacturing, retail, agriculture, etc. for storage and transportation of goods. Plastic pallets are designed to provide a stable base for stacking and shipping goods, while plastic crates provide safe and protective containers for stored or transported items. Plastic pallets…
Plastic Granules Market to Witness Massive Growth by Balaji Plastic, Navkar Indu …
The Worldwide Plastic Granules Market has witnessed continuous growth in the past few years and is projected to grow at a good pace during the forecast period of 2023-2029. The exploration provides a 360° view and insights, highlighting major outcomes of Worldwide Plastic Granules industry. These insights help the business decision-makers to formulate better business plans and make informed decisions to improve profitability. Additionally, the study helps venture or emerging…
Insights on the Growth of Plastic Granules Market 2018 to 2025 | Profiling Key C …
UpMarketResearch offers a Latest report on “Plastic Granules Market Analysis & Forecast 2018-2025” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 114 pages which highly exhibits on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability.
Request Sample Copy of This Report@ https://www.upmarketresearch.com/home/requested_sample/49052
Plastic Granules research report delivers a close watch on leading competitors with strategic…
Agriculture Film Market SWOT Analysis of Leading Key Players Shandong Tianhe Pla …
HTF MI recently introduced Global Agriculture Film Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are British Polythene Industries (BPI), Trioplast, Berry Plastics, Armando Alvarez, Polypak, Barbier…
Building Materials Market 218 : Hepworth, National Plastic Industry, Hira Indust …
Building materials in this report covered the PVC pipes and fittings, PPR pipes and fittings, PE pipes and fittings, fabrication, ducts systems for infrastructure, valves and pumps and electrical conduits PVC systems.
At present, Hepworth, National Plastic Industry, Hira Industries, Florance Plastic Industries, Polyfab Plastic Industry, MPI, Union Pipes Industry, ANABEEB, Borouge and ACO Group are the UAE leading suppliers of the building materials, and top ten of them shared about…
