2019 Recycled Plastic Market Growth Opporiunity by Leading Players - Avangard Innotive, Carbon ITE Industries, UltrePET, Custom Polymers B. Schoenberg and more others

Adroit Market Research offers 2019 report on “Recycled Plastic Market 2025” that evaluates industry growth trends through historical data and estimates future prospects based on comprehensive research. The report extensively provides the market share, growth, trends and forecasts for the period 2019-2025.

About the Recycled Plastic Market:

Key companies are contributing a major role in boosting the needful usage of recycled plastic bottles in lieu of virgin plastic bottles. Small size organizations have also been inspired by this and a few have committed to use 100% recycled plastic bottles by 2020. Nevertheless, this could be one of a major driving factor the market.

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Recycled Plastic Market Competition by TOP PLAYERS, with Recycled Plastic sales volume, price, revenue (Million USD) and market share for each manufacturer/player; the top players including: Avangard Innotive, Carbon ITE Industries, UltrePET, Custom Polymers B. Schoenberg

Scope of the Report (Overlook 2019-2025):

North America has initiated to manufacture PET bottles from recycled plastic and these bottles are 100% recycled plastic with the organization aiming to raise the recycle rate of plastic bottles to 60% by end of 2018. The process reduces the consumption of natural gas and is an environmentally-friendly and renewable for harvesting energy.

Polyethylene Terephthalate holds an impressive share in the recycled plastic market by resin type and is anticipated to grow at an effective rate over the forecast period. This particular segment should grasp 180 BPS from 2019-2025, making it an immensely attractive opportunity in the recycled plastic market.

The low generation of microwave, thermal insulation, tape cassettes, electrical appliances, and battery cases i.e. waste containing resins including polystyrene, poly vinyl chloride, and polyamides are likely to decelerate the growth in the recycled plastic market. A minimum amount of generated waste will cause a supply crunch of raw material that is the primary input feed material to manufacture recycled plastic and all of its ancillary products. However, the recycling of plastic is at a crucial stage in emerging economies where the majority of the plastic scrap is sent to other developing nations. PVC bottles in particular contain high doses of chlorine and other contaminates that act as an obstacle to recycling of these products.

The latest trend grasping momentum in the recycled plastic market size is the increasing usage of recycle plastic in end-use industries. The concerns regarding contamination of plastic waste and disposal are driving the consumption of recycled plastics by various end-use industries.

Initiatives in direction of recycling plastic bottles includes recent eco-friendly scheme which allow drivers pay for their parking with plastic bottles instead of currency. CitiPark car park collects all these plastic bottles to be recycled into other useful items like furniture, toys and clothes. This has become possible with chemical recycling mechanisms which permit compability of mixed plastic wastes to alleviate the need of sorting.

Geographically, dominating regions are Asia Pacific, Europe, North America, Latin America, and Middle East and Africa. China is anticipated to contribute nearly 50% of the global market alone at the end of 2025. Asia Pacific in importing recycled plastic scrap, with India also accounting for a notable share in the regional market.

Key Segmentation of the Global Recycled Plastic Market 2018-2025:

Recycled plastics market growth based on end-user
• Non-food contact packaging
• Food contact packaging
• Construction
• Automotive

Recycled plastics market growth based on geographic regions
• Americas
• APAC
• EMEA

What Information does this report contain?

• Historical data coverage: 2014 to 2017; Growth Projections: 2019 to 2025.
• Expert analysis: industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.
• 6-7 year performance forecasts: major segments covering applications, top products and geographies.
• Competitive landscape reporting: market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.

Who should buy this report?

- Report is especially designed for Venture capitalists, Investors, financial institutions, Analysts, Government organizations, regulatory authorities, policymakers, researchers, strategy

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About Adroit Market Research:

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