India Waste Plastic Recycling Market Size 2022-2027 Share, Industry Growth, Report Analysis and Forecast - IMARC Group

According to the latest report by IMARC Group, titled "India Waste Plastic Recycling Market Size, Share, Industry Trends, Growth, Opportunity and Forecast 2022-2027", the India waste plastic recycling market reached a volume of 7.78 Million Tons in 2021. Looking forward, IMARC Group expects the market to reach 16.58 Million Tons by 2027, exhibiting a CAGR of 11.80% during 2022-2027.

Waste plastic recycling is the method of recovering and reprocessing waste plastic into functional products. It assists in reducing the dependence on landfills, conserving resources, and minimizing plastic pollution and greenhouse gas (GHG) emissions. It also helps decrease the harmful effects of plastic waste on the environment and divert the pressure from virgin materials for manufacturing new plastic products. Moreover, recycled plastics can be used for extensive applications across various industries, including packaging, automotive, textiles, and construction, due to their excellent versatility, durability, and lightweight. As a result, waste plastic recycling is rapidly gaining traction across India.

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India Waste Plastic Recycling Market Trends and Drivers:

The India waste plastic recycling market is primarily driven by the growing environmental concerns due to the rising plastic pollution. Additionally, the government of India is introducing stringent policies and recycling programs for minimizing plastic waste production.

Along with this, the increasing establishment of advanced waste treatment facilities and the launch of sustainable plastic disposal solutions have catalyzed the market growth. Furthermore, the shifting focus of key players toward enhancing the quality and performance of recycled plastics has escalated the product demand.

Other factors, including the widespread adoption of recycled plastics to reduce carbon footprint, technological advancements, and ongoing research and development (R&D) activities, are also anticipated to impel the market growth.

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

India Waste Plastic Recycling Market 2022-2027 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

A1 Impex, Addonn Polycomponds Private Limited, GD Plast, Gravita India Limited, Jairam Plastic Industries, Key Exports, Luckystar International Pvt. Ltd., Manjushree Technopack Limited (AI Lenarco Midco Limited), Parkash Plastic, Polyraw Enterprises, R.B. Polymers, and Yadav Infrapolymers Private Limited.

Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/india-waste-plastic-recycling-market

The report has segmented the market on the basis of region, treatment, material, application and recycling process.

Breakup by Treatment:
• Co-Processing
• Heat Compression
• Pyrolysis
• Landfill
• Incineration
• Others

Breakup by Material:
• Poly Vinyl Chloride (PVC)
• Low-Density Polyethylene (LDPE)
• High-Density Polyethylene (HDPE)
• Polyethylene Terephthalate (PET)
• Polypropylene (PP)
• Acrylonitrile Butadiene Styrene (ABS)
• Others

Breakup by Application:
• Packaging
• Construction
• Textile
• Automotive
• Others

Breakup by Recycling Process:
• Mechanical
• Others

Breakup by Region:
• North India
• West and Central India
• South India
• East India

If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

Key highlights of the report:
• Market Performance (2016-2021)
• Market Outlook (2022- 2027)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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