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What's driving the Plastic Recycling Market size? Key players Veolia, Suez, KW Plastics, Jayplas, B&B Plastics, Green Line Polymers, Clear Path Recycling, Custom Polymers, Plastipak Holdings

04-16-2020 01:31 PM CET | Business, Economy, Finances, Banking & Insurance

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Plastic Recycling Market

Plastic Recycling Market

Market Study Report LLC adds New Plastic Recycling Market 2019 - 2026 research report providing information and data by Type, Source, By Industry Analysis, Regional Outlook, Trends, Competitive Market Share & Forecast spreading across 200 Pages with table and figures in it.

Recycled plastic is a process where scrap of waste plastic is recovered and reprocessed into useful products as most of plastic things are non-biodegradable. Therefore, in order to reduce wasteful non-biodegradable plastic and protecting environmental resource from pollution of plastics such process is initiated across the globe. Global Plastic Recycling market is valued approximately USD 39401 Million in 2018 and is anticipated to grow with a growth rate of more than 6.40% over the forecast period 2019-2026.

Request a sample Report of Plastic Recycling Market at: https://www.marketstudyreport.com/request-a-sample/2589986/?utm_source=OPR.com&utm_medium=SP

The recycling of plastics is supported by various government initiatives across the globe that will anticipated in the growth of market over the forecast years. For instance: the European Union plans announced a tax on plastic bags and packaging in order to curb ocean pollution. The strategy stated that the all packaging products should be recyclable by 2030 and must recycle 55% of plastic packaging. Similarly, in the US, The Internal Revenue Service (IRS) gives manufacturers of recycled products, a depreciation credit for recycling. Moreover, several states in the US offers some type of tax incentives or credits, to promote recycling market.

Moreover, Negative Environmental impact of plastic disposal is expected to drive the growth of market over the forecast years. As its disposal in land and ocean water may cause adverse effect in the productivity of land and can harm marine organisms. However, stringent competition from virgin plastics and ban on import of waste or scrape plastics in China are some major factors that can hamper the market growth over the upcoming years.

Market player included in this report are:
o Veolia
o Suez
o KW Plastics
o Jayplas
o B. Schoenberg & Co.
o B&B Plastics
o Green Line Polymers
o Clear Path Recycling
o Custom Polymers
o Plastipak Holdings

The regional analysis of global Plastic Recycling market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe accounts for the largest share in the global plastic recycling market due to the presence of stringent government regulation in the region. Whereas, Asia Pacific is the fastest growing region in the market due to the rapid growth in pollution and continuous emergence of adverse effects from usage of plastic on environment in the region.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:
By Type :
Polyethylene Terephthalate (PET)
o Polyethylene (PE)
o Polypropylene (PP)
o Polyvinyl Chloride
o Polystyrene
o Polyamide
o Others

By Source:
o Plastic Bottles
o Plastic Films
o Synthetic Fibers
o Rigid Plastics & Foams
o Others

By Recycling Method:
o Thermal decomposition
o Heat compression
o Distribution recycling
o Pyrolysis
o Other

By End-use Industries:
o Packaging
o Building & construction
o Textiles
o Automotive
o Electric & Electronics
o Others

Table of Contents:

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2017-2026 (USD Million)
1.2.1. Plastic Recycling Market, by Region, 2017-2026 (USD Million)
1.2.2. Plastic Recycling Market, by Source, 2017-2026 (USD Million)
1.2.3. Plastic Recycling Market, by Type, 2017-2026 (USD Million)
1.2.4. Plastic Recycling Market, by Recycling method, 2017-2026 (USD Million)
1.2.5. Plastic Recycling Market, by End-use Industries, 2017-2026 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Plastic Recycling Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Plastic Recycling Market Dynamics
3.1. Plastic Recycling Market Impact Analysis (2018-2026)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Plastic Recycling Market Industry Analysis

Chapter 5. Global Plastic Recycling Market, by Source

Chapter 6. Global Plastic Recycling Market, by Type

Chapter 7. Global Plastic Recycling Market, by Recycling Method

Chapter 8. Global Plastic Recycling Market, by End-use Industries

Chapter 9. Global Plastic Recycling Market, Regional Analysis

Chapter 10. Global Plastic Recycling Market Competitive Intelligence

Ask for Discount on Plastic Recycling Market Report at: https://www.marketstudyreport.com/check-for-discount/2589986/?utm_source=OPR.com&utm_medium=SP

Related Reports: https://www.marketwatch.com/press-release/life-science-instrumentation-market-size---detailed-analysis-of-current-industry-figures-with-forecasts-growth-by-2025-2020-04-06

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