Press release
Europe Recycled Plastics Market Report, Growing Demand, Business Strategies, Revenue and Forecast 2022-2027
Europe Recycled Plastics Market
Recycled plastic refers to waste plastic that is collected and processed to manufacture useful products through a variety of recycling techniques. Once sorted and cleaned, the plastic pieces are shredded into flakes before molding them into new products. Heat compression is one method of melting plastic into pellets, while monomer recycling reverses the polymerization process to recycle the condensed polymer. The process reduces plastic pollution while putting less pressure on virgin materials to produce new plastic products, thus reducing plastic pollution.
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Market Trends:
The market is primarily driven by the increasing demand for recycled plastic products in numerous packaging applications, particularly in food and beverages packaging. Also, the rapid product utilization in the automotive manufacturing is providing an impetus to the market growth. Additionally, the growing concerns regarding waste disposal and plastic contamination and awareness regarding plastic recycling are creating a positive market outlook. Some of the other factors contributing to the market include considerable growth in the e-retail sector, rapid industrialization and extensive research and development (R&D) activities conducted by key players.
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Competitive Landscape with Key players:
The report has also analysed the competitive landscape of the market with some of the key players being.
• Müller-Guttenbrunn Group
• MBA Polymers, Inc.
• Paprec Group
• Morssinkhof Rymoplast
• Others
Europe Recycled Plastics Market Segmentation:
Our report has categorized the market based on country, source, application and plastic type.
Breakup by Source:
• Plastic Bottles
• Plastic Films
• Rigid Plastics and Foams
• Fibres
• Others
Breakup by Application:
• Packaging
• Electrical and Electronics
• Automotive
• Agriculture
• Construction and Demolition
• Household (Non-Packaging Use)
• Others
Breakup by Plastic Type:
• Polyethylene Terephthalate (PET)
• High Density Polyethylene (HDPE)
• Polypropylene (PP)
• Low Density Polyethylene (LDPE)
• Others
Breakup by Country:
• Germany
• UK
• Italy
• France
• Spain
• Others
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
We are updating our reports, If you want latest primary and secondary data (2023-2028) with Cost Module, Business Strategy, Competitive landscape, etc. Click request free sample report, the report will be delivered to you in PDF format via email within 24 to 48 hours after the payment confirmation.
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About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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