openPR Logo
Press release

Recycled Ocean Plastics Market Size is Expected to Reach USD 2.70 Billion by 2030 | CAGR: 7.5% by Polaris Market Research

09-19-2022 01:47 PM CET | Science & Education

Press release from: Polaris Market Research & Consulting

Recycled Ocean Plastics Market Size is Expected to Reach USD 2.70

The global recycled ocean plastics market size is expected to reach USD 2.70 billion by 2030, according to a new study by Polaris Market Research.

The growing demand for urbanization and industrialization requires fibers that are made up of plastics. Recycled ocean plastics are used to make products that can be reused and is helping the industry to grow. Furthermore, government authorities, many non-profitable groups, and organizations are actively working on sea waste plastics, thus increasing the demand.

Request Sample PDF Brochure of Recycled Ocean Plastics Market Size - COVID-19 Impact and Global Analysis with Strategic Developments at: https://www.polarismarketresearch.com/industry-analysis/recycled-ocean-plastics-market/request-for-sample

In addition, the growing awareness and plastic waste across developing economies such as India, Japan, Italy, and Germany, will positively impact the demand for the market over the coming years. A large amount of sea waste is collected and recycled; thus, new research takes place to degrade the plastics as new protein was developed to degrade the plastic.

The recycled ocean plastics industry was negatively impacted during the COVID-19 pandemic, as all the regions were affected badly. All the industries were shut down, raw materials were unavailable, and import-export was closed entirely. However, industry activities resumed at a good pace. As people switched to home delivery services, the demand for packed bottles and food increased, thus resulting in high consumption of plastic and high demand for market.

Recycled Ocean Plastics Market Report Highlights

• Growing demand for the Polyethylene Terephthalate (PET) segment in the packaging industry is gaining the market. PET is widely used as it is easily recyclable and used in making bottles, juices, and drinks.
• The Plastic bottle segment accounted for the highest revenue share in 2021 and is expected to continue its dominance owing to the higher demand for packaging of food products.
• Consumer product packaging is widely used over the globe, thus generating high revenue in the market. Packaging contributes at a higher rate as it is easily recycled.
• Asia Pacific is expected to grow at a significant CAGR over the forecast period on account of several government policies and awareness across developing nations in the region, such as India and China
• Major players operating in the industry include The Ocean Cleanup, Oceanworks, Far Eastern New Century Corporation, KW Plastics, B. Schoenberg & Co., B&B Plastics, Remondis SE & Co. KG, Clear Path Recycling, Custom Polymers, Plastipak Holdings, Waste Connections, Inc., MBA Polymers

Inquiry Before Purchase: https://www.polarismarketresearch.com/industry-analysis/recycled-ocean-plastics-market/inquire-before-buying

Polaris Market Research has segmented the recycled ocean plastics market report based on resin type, source, end-use, and region:

Recycled Ocean Plastic, Resin type Outlook (Revenue - USD Billion, 2018 - 2030)

• Polyethylene Terephthalate (PET)
• Polyethylene (PE)
• Polypropylene (PP)
• Polyvinyl Chloride (PVC)
• Polystyrene (PS)

Recycled Ocean Plastic, Source Outlook (Revenue - USD Billion, 2018 - 2030)

• Plastic Bottles
• Plastic Films
• Synthetic Fibers
• Rigid Plastics & Foams
• Others

Recycled Ocean Plastic, End-Use Outlook (Revenue - USD Billion, 2018 - 2030)

• Consumer Products
• Building and Construction
• Packaging
• Automotive
• Healthcare
• Textiles
• Others

Any query?Enquire Here For Report Customization: https://www.polarismarketresearch.com/industry-analysis/recycled-ocean-plastics-market/request-for-customization

Contact Us:
Polaris Market Research
Phone: +1-929-297-9727
Email: sales@polarismarketresearch.com

About Us:
Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defense, among different ventures present globally.

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 Recycled Ocean Plastics Market Size is Expected to Reach USD 2.70 Billion by 2030 | CAGR: 7.5% by Polaris Market Research here

News-ID: 2739708 • Views:

More Releases from Polaris Market Research & Consulting

Cooling Fabrics Market Is Expected to Reach US$ 4.66 Billion by 2032, at a CAGR of 7.70% | Polaris Market Research
Cooling Fabrics Market Is Expected to Reach US$ 4.66 Billion by 2032, at a CAGR …
𝑻𝒉𝒆 𝒈𝒍𝒐𝒃𝒂𝒍 𝑪𝒐𝒐𝒍𝒊𝒏𝒈 𝑭𝒂𝒃𝒓𝒊𝒄𝒔 𝑴𝒂𝒓𝒌𝒆𝒕 𝒘𝒂𝒔 𝒆𝒔𝒕𝒆𝒆𝒎𝒆𝒅 𝒂𝒕 𝑼𝑺𝑫 2.42 𝒃𝒊𝒍𝒍𝒊𝒐𝒏 𝒊𝒏 2023. 𝑳𝒐𝒐𝒌𝒊𝒏𝒈 𝒇𝒐𝒓𝒘𝒂𝒓𝒅, 𝒕𝒉𝒆 𝒎𝒂𝒓𝒌𝒆𝒕 𝒊𝒔 𝒂𝒏𝒕𝒊𝒄𝒊𝒑𝒂𝒕𝒆𝒅 𝒕𝒐 𝒈𝒓𝒐𝒘 𝒕𝒐 𝑼𝑺𝑫 4.66 𝒃𝒊𝒍𝒍𝒊𝒐𝒏 𝒃𝒚 2032, 𝒆𝒙𝒉𝒊𝒃𝒊𝒕𝒊𝒏𝒈 𝒂 𝒄𝒐𝒎𝒑𝒐𝒖𝒏𝒅 𝒂𝒏𝒏𝒖𝒂𝒍 𝒈𝒓𝒐𝒘𝒕𝒉 𝒓𝒂𝒕𝒆 (𝑪𝑨𝑮𝑹) 𝒐𝒇 7.70% 𝒐𝒗𝒆𝒓 𝒕𝒉𝒆 𝒇𝒐𝒓𝒆𝒄𝒂𝒔𝒕 𝒑𝒆𝒓𝒊𝒐𝒅 𝒇𝒓𝒐𝒎 2024 𝒕𝒐 2032. 𝑻𝒉𝒆 𝒎𝒂𝒊𝒏 𝒇𝒂𝒄𝒕𝒐𝒓𝒔 𝒅𝒓𝒊𝒗𝒊𝒏𝒈 𝒕𝒉𝒆 𝒎𝒂𝒓𝒌𝒆𝒕 𝒈𝒓𝒐𝒘𝒕𝒉 𝒂𝒓𝒆 𝒓𝒊𝒔𝒊𝒏𝒈 𝒅𝒊𝒔𝒑𝒐𝒔𝒂𝒃𝒍𝒆 𝒊𝒏𝒄𝒐𝒎𝒆 𝒂𝒏𝒅 𝒑𝒆𝒓 𝒄𝒂𝒑𝒊𝒕𝒂 𝒔𝒑𝒆𝒏𝒅𝒊𝒏𝒈, 𝒂𝒔 𝒘𝒆𝒍𝒍 𝒂𝒔 𝒂 𝒓𝒊𝒔𝒆 𝒊𝒏 𝒕𝒉𝒆 𝒅𝒆𝒎𝒂𝒏𝒅 𝒇𝒐𝒓 𝒔𝒑𝒐𝒓𝒕𝒔 𝒂𝒏𝒅
Connected Medical Devices Market is projected to grow to US$ 190.63 Billion by 2032 |according to a new study by Polaris Market Research
Connected Medical Devices Market is projected to grow to US$ 190.63 Billion by 2 …
The global Connected Medical Devices Market was valued at USD 49.57 billion in 2022. Looking forward, the market is projected to grow to USD 190.63 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 14.4% over the forecast period from 2023 to 2032. The rising aging population and the expansion of telehealth services are the primary factors propelling the market forward. Besides, the growing prevalence of chronic diseases
Surgical Blade Market is expected to reach US$ 228.57 Million by 2032 | Data by Polaris Market Research
Surgical Blade Market is expected to reach US$ 228.57 Million by 2032 | Data by …
According to a new market research report published by Polaris Market Research, the global Surgical Blade Market is expected to grow at a CAGR of 5.0% from 2023 to 2032. Its examination of technological progressions and developments in the industry and their influence on market attendance is anticipated to drive market expansion. The global market was valued at USD 140.59 million in 2022 to USD 228.57 million by 2032, disclosing
Fructooligosaccharides Market to Grow at CAGR of 8.50% Reaching USD 5.71 Billion By 2032
Fructooligosaccharides Market to Grow at CAGR of 8.50% Reaching USD 5.71 Billion …
𝐅𝐫𝐮𝐜𝐭𝐨𝐨𝐥𝐢𝐠𝐨𝐬𝐚𝐜𝐜𝐡𝐚𝐫𝐢𝐝𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 Continuing research into the health benefits of FOS and inventive commodity advancement has the possibility of capitulating new FOS-dependent commodities with improved functionality, which is pushing the market growth. Our thorough analysis of the Fructooligosaccharides Market covers the industry size, share, recent developments, and top trends. Besides, we have in-depth examined all the major regions and segments. 𝐓𝐡𝐞 𝐅𝐫𝐮𝐜𝐭𝐨𝐨𝐥𝐢𝐠𝐨𝐬𝐚𝐜𝐜𝐡𝐚𝐫𝐢𝐝𝐞𝐬 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞 • Market Size: The global market for fructooligosaccharides was valued

All 5 Releases


More Releases for Plastic

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
Yazheng Plastic Netting combined type plastic netting machine
Yazheng Plastic Netting developed combined type plastic netting machine.The combined type plastic netting machine can produce plastic deer fencing, anti bird netting, erosion control netting and plastic filtration netting. The combined type plastic netting machine is 30m long, it is be composed of polypropylene grinding miller, extruding machine, high temperature machine, stretch machine, rolled machine and cut machine. The horizontal thread and vertical thread of nettings that produced by
Global Plastic Pails (Plastic Bucket) Market 2018 Key Players: Jokey Group, BERR …
Qyresearchreports include new market research report "Global Plastic Pails (Plastic Bucket) Sales Market Report 2018" to its huge collection of research reports. In this report, the global Plastic Pails (Plastic Bucket) market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2017 and 2025. Several regional and global trends account for the attractive
Plastic Closure Market – Analysis of Plastic Closure Test Growth, Plastic Clos …
The latest market intelligence study on Plastic Closure market relies on statistics derived from the application of both primary and secondary research to present insights pertaining to the operational model, opportunities and competitive landscape of Plastic Closure market for the forecast period, 2017 - 2022. Get Access to Sample Pages@ https://www.marketexpertz.com/sample-enquiry-form/142 Importantly, the research taps critical data about the niche segments, market share, size, and growth rate to offer business
Recycled Plastic & Plastic Waste to Oil Market Analysis : TMR
There is a growing need for recycling the plastic and plastic waste. Various major companies are now concentrating on developing new waste-conversion technologies. Some of the major corporates in the global recycled plastic and plastic waste to oil market are Agilyx Inc., Cynar Plc, Vadxx Energy LLC, Nexus Fuels LLC, Clean Blue Technologies Inc., JBI Inc., RES Polyflow, PK Clean, Plastic Advanced Recycling Corporation (PARC), and MK Aromatics Ltd. These