Press release
Recycled Plastic Market Report Outlook, Size, Share, Source, Application, Method, Geography and Forecast, 2021-2031
Recycled Plastic Market
Download Sample Report: https://www.alliedmarketresearch.com/request-sample/5571
Plastic recycling is the process of converting or waste plastic into useful products. Since, most of the plastic is non-biodegradable, recycling is a part of global efforts to reduce the plastic pollution. According to a report by the National Audit Office, the UK produced 11 million tons of plastic waste in 2017 and out of which 7.5 million tones was recycled. According to a data analysis of Plastics Europe, European plastic production, demand, and waste is set to reduce through Plastic-2030 initiative. The aim of Plastics-2030 is to reuse and recycle 60% of the plastic packing.
The reuse of plastic waste in a wide range of goods, design, and fabrication is expected to drive the growth of recycled plastic market. Also, growing awareness for energy savings and low cost of used plastic are driving the growth of the market. Goods such as plastic bottles, shoes, construction material, showcase materials, furniture, and pipes, find use in several sectors including construction, packaging, clothing materials, and others. Difficulties in recycling plastic from ink, pigments, and adhesives are anticipated to hamper the growth of the recycled plastic market in upcoming years.
Factors such as ban on importing plastic to China for recycling are expected to hamper the market growth. New methods like pyrolysis, heat compression, monomer process of recycling plastic, and others are expected to better opportunities for plastic recycling organizations in the future. Also, the Indian Institute of Petroleum has invented a technology that can convert plastic waste into high-grade petrol, diesel, and LPG. Such plants are to be set up in the coming years, which is expected to boost the economy, increasing employment. Hence, it's the best opportunity for the growth of the recycled plastic market.
The market is segmented on the basis of source, method, application, and region. On the basis of source, it is classified into tubs, trays, rigid, flexible plastics, and bags. Methods of recycling include thermal decomposition, heat compression, distributed recycling, and others. On the basis of application, it is categorized into construction, packing, clothes, landscaping, and others. Region-wise, it is analyzed for North America, Europe, Asia-Pacific, and LAMEA.
Request for Purchase: https://www.alliedmarketresearch.com/recycled-plastic-market/purchase-options
Key players operating in the global recycled plastic market are Viridor waste management Ltd., Plasgran Ltd., Centrifore products ltd., Arora fibres Ltd., Kuusakoski recycling ltd., B & B plastics recycling Inc., CarbonLite Industries LLC, Custom Polymers, Inc., Envision plastics industries LLC, and Dart container corporation.
KEY BENEFITS FOR STAKEHOLDERS:
The recycled plastic market size has been analyzed across all regions.
Porter's five force analysis helps to analyze the potential of buyers & suppliers and the competitive scenario of the industry for building strategies.
The report outlines the current market trends and future scenarios of the market size from 2021 to 2031 to understand the prevailing opportunities and potential investment pockets.
Major countries in the regions have been mapped according to their individual revenue contribution to the regional market.
The key drivers, restraints, and market opportunities and their detailed impact analysis are elucidated in the study.
The market analysis covers in-depth information of major recycled plastic industry participants.
Similar Report:
Rigid Recycled Plastic Market
https://www.alliedmarketresearch.com/rigid-recycled-plastic-market-A09670
Bioplastic Composites Market
https://www.alliedmarketresearch.com/bioplastic-composites-market
Plastic Additives Market
https://www.alliedmarketresearch.com/plastic-additives-market
Bioplastics Market
https://www.alliedmarketresearch.com/bioplastics-market
Bio Plasticizers Market
https://www.alliedmarketresearch.com/bio-plasticizers-market
About Us:
Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
Web: https://www.alliedmarketresearch.com
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 Plastic Market Report Outlook, Size, Share, Source, Application, Method, Geography and Forecast, 2021-2031 here
News-ID: 2801680 • Views: …
More Releases from Allied Market Research
Global Urinary Drainage Bags Market: Trends, Growth, and Insights to 2031
The global urinary drainage bags market is experiencing robust growth, with its market size valued at $1.4billion in 2021 and projected to reach $2billion by 2031. This expansion represents a compound annual growth rate (CAGR) of 3.8% from 2021 to 2031, highlighting the increasing demand for these essential medical devices.
Get a Sample Copy of this Report: https://www.alliedmarketresearch.com/request-sample/A17529
What Are Urinary Drainage Bags?
Urinary drainage bags are specialized medical devices designed to collect…
Cream Powder Market to Reach $8.9 Billion by 2031 with 6.4% CAGR
The global cream powder industry was estimated at $4.8 billion in 2021 and is expected to hit $8.9 billion by 2031, registering a CAGR of 6.4% from 2022 to 2031.
The cream powder market is experiencing growth due to various factors, including the increasing popularity of bakeries and HoReCa (hotels, restaurants, and cafes) and rising consumer demand for natural products. The dairy-based segment is a significant contributor to the market's growth…
Micro Drone Market Valued at $6.71 Billion in 2020, Expected to Reach $28.91 Bil …
The global micro drone industry generated $6.71 billion in 2020, and is expected to reach $28.91 billion in 2030, witnessing a CAGR of 17.2% from 2021 to 2030. The report provides an extensive analysis of changing market dynamics, top segments, top investment pockets, regional landscape, value chain, and competitive scenario.
Increased operational efficiency and rise in demand for improved surveillance drive the growth of the global micro drone market. However, strict…
Microwavable Foods Market to reach $230.93 billion by 2031, growing at a CAGR of …
The global microwaveable foods industry was accounted for $120.45 billion in 2020, and is expected to reach $230.93 billion by 2031, growing at a CAGR of 5.6% from 2022 to 2031.
Rise in popularity of fast-food restaurants and large population base coupled with increase in number of quick-service restaurants drive the global microwaveable foods market. However, lack of awareness about microwavable foods hinders the market growth. On the contrary, rise in…
More Releases for Plastic
Plastic bottles at events - Better party with plastic
Partying, dancing, camping - festivals attract hundreds of thousands of visitors every year in Germany alone. One challenge: supply and safety. For this reason, drinks in glass bottles are banned at most events due to the risk of injury. Lightweight and unbreakable plastic bottles, on the other hand, are considered a safe and practical alternative. Not only that: they can even be used to make a musical instrument.
Festivals or pageants…
Plastic Pallet With Plastic Crate Use: Efficient Material Handling
When it comes to efficient moving and storage of goods, a combination of plastic pallets [https://www.agriculture-solution.com/plastic-pallet/]and plastic crates is a popular choice. They are widely used in various industries such as manufacturing, retail, agriculture, etc. for storage and transportation of goods. Plastic pallets are designed to provide a stable base for stacking and shipping goods, while plastic crates provide safe and protective containers for stored or transported items. Plastic pallets…
Plastic Granules Market to Witness Massive Growth by Balaji Plastic, Navkar Indu …
The Worldwide Plastic Granules Market has witnessed continuous growth in the past few years and is projected to grow at a good pace during the forecast period of 2023-2029. The exploration provides a 360° view and insights, highlighting major outcomes of Worldwide Plastic Granules industry. These insights help the business decision-makers to formulate better business plans and make informed decisions to improve profitability. Additionally, the study helps venture or emerging…
Insights on the Growth of Plastic Granules Market 2018 to 2025 | Profiling Key C …
UpMarketResearch offers a Latest report on “Plastic Granules Market Analysis & Forecast 2018-2025” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 114 pages which highly exhibits on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability.
Request Sample Copy of This Report@ https://www.upmarketresearch.com/home/requested_sample/49052
Plastic Granules research report delivers a close watch on leading competitors with strategic…
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…
