Press release
Post-Consumer Recycled Plastics Market 2020 Is Estimated to Reach USD 12.18 billion By 2027 with Global Industry Players- Veolia, SUEZ, WM Intellectual Property Holdings, L.L.C., Stericycle
Market InsightsPost-consumer recycled plastics market will reach an estimated value of USD 12.18 billion by 2027, while registering the growth rate of 5.80% for the forecast period of 2020 to 2027. Increasing R&D investments and rising public & private sector partnership is expected to create new opportunity for the market.
Post-consumer recycled plastics are extracted from the product which has been expired and is about to get discarded of as a solid waste product. Plastics obtained in commercial and residential recycling programs include most disposable plastics.
Rising urbanization worldwide is also expected to enhance the market growth. Some of the other factors such as increasing laws & regulations, rising awareness programs associated with the sustainable waste management practices, advancement in the plastic recycling and improvement in the material sorting infrastructure will also drive the post-consumer recycled plastics market growth in the forecast period of 2020 to 2027.
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Less participation of residential sector in management of plastic waste and dearth of skilled & trained professionals are some of the factors which are hampering the market growth in the mentioned forecast period.
Major Market Players Covered in The Post-Consumer Recycled Plastics Market Are:
The major players covered in the post-consumer recycled plastics market report are Veolia, SUEZ, WM Intellectual Property Holdings, L.L.C., Stericycle, CLEAN HARBORS, INC., REMONDIS SE & Co. KG, Biffa, DS Smith, Eco-Products, Inc., Placon, Amcor plc, Alpha Packaging, Seventh Generation Inc, Mondi, Berry Global Inc., Sealed Air, Coveris among other domestic and global players. Market share and data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
North America is expected to grow at the highest CAGR in the forecast period of 2020 to 2027. This is due to advancement in the waste management industry and strict regulation associated with plastic waste collection & recycling will enhance the demand for post-consumer recycled plastics in the region.
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Global Post-Consumer Recycled Plastics Market Scope and Segments
Post-consumer recycled plastics market is segmented of the basis of service, polymer type, processing type and end-use application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
• On the basis of service, the post-consumer recycled plastics market is segmented into collection & transportation, recycling, incineration and landfills/disposal.
• Based on polymer type, the post-consumer recycled plastics market is divided into polyethylene terephthalate, high-density polyethylene, low-density polyethylene, polypropylene, polyvinyl chloride, polyurethane, polystyrene and others.
• On the basis of processing type, the post-consumer recycled plastics market is segmented into chemical process, mechanical process, and biological process.
• On the basis of end-use application, the post-consumer recycled plastics market is further segmented into packaging, building & construction, automotive, furniture, recycled plastics and others.
Regional Analysis
• Middle East and Africa
• North America
• South America
• Europe
• Asia-Pacific
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Strategic Points Covered in Table of Content of Global Post-Consumer Recycled Plastics Market:
1. Introduction
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. By Component
7. Product Type
8. Delivery
9. Industry Type
10. Geography
11. Company Landscape
12. Company Profiles
13. Related Reports
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