Press release
Top News: Recycled Plastic Market to Hit USD 76.23 Billion by 2028 | Fortune Business Insights™
Recycled Plastic Market
Get an Exclusive Sample of the Recycled Plastic Market Report- https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/102568
A thorough analysis of statistics about the current as well as emerging trends offers clarity regarding the Recycled Plastic Market dynamics. The report includes Porter's Five Forces to analyze the prominence of various features such as the understanding of both the suppliers and customers, the strength of competition, and promising emerging business persons to understand a valuable resource.
Report Coverage:
The report presents a holistic study of the market for recycled plastic along with current trends and future anticipations to establish proximate investment gains. An in-depth analysis of any upcoming opportunities, threats, competitions, or driving factors is also mentioned in the report. Step by step, thorough regional analysis is offered. The COVID-19 impacts have been added to the report to help investors and business owners understand the threats better. The top players in the market are identified, and their strategies to bolster the recycled plastic market growth are shared in the report
Competitive Landscape:
Crucial Business-related Declarations by Prime Players to Impact Market
Indispensable corporations in the market often make critical declarations concerning few business moves, which in turn influence the market either affirmatively or adversely. Companies purchase companies, launch novel products, involve in collaborative contracts, sign agreements with government organizations and so on.
Key Industry Development:
May 2021: Plastipak Holdings has capitalized in a novel recycling unit at its production division located in Toledo, Spain. This plant will begin manufacturing in early 2022 and manufacture food-grade recycled PET (rPET) pellets from PET flake for application in preforms, bottles and containers. This unit is stated to manufacture 20 kilotons of food-grade pellet per annum.
Enquire Before Purchasing This Report @ https://www.fortunebusinessinsights.com/enquiry/queries/102568
The report covers extensive competitive analysis which includes the following data points -
1. Business Overview
2. Business Model
3. Financial Data
4. Financial - Existing
5. Financial - Funding
6. Product/Service Segment Analysis and specification
7. Recent Development and Company Strategy Analysis
8. SWOT Analysis
Regional Insights:
Asia Pacific to Dominate Stoked by China and India Consuming Great Amount of Material
The market in Asia Pacific stood at USD 24.35 billion in 2020 and is estimated to hold the largest recycled plastic market share throughout the forecast period owing to China and India being the dominating recycled plastic consuming countries.
On the other hand, in Europe, the demand for products from the construction and automotive industry is growing at a substantial rate.
In North America, the U.S. accounted for the larger recycled plastic market share of the market due to the increase in demand from the packaging and automotive industries.
List of Key Players Mentioned in the Report:
Suez (France)
Schoenberg & Co. U.S.)
Fresh Pak Corporation (U.S.)
B&B Plastics (U.S.)
Green Line Polymers (U.S.)
Ultra Poly Corporation (U.S.)
Clear Path Recycling (U.S.)
Jayplas (U.K.)
MBA Polymers (U.S.)
RJM International Inc. (U.S.)
CarbonLite Industries LLC (U.S.)
Envision Plastics Industries LLC (U.S.)
ReVital Polymers (Canada)
Segmentation:
Polyethylene Terephthalate to Maintain Position as Leading Type during Forecast Period
On the basis of types, the market is classified into polyethylene terephthalate (PET), high-density polyethylene (HDPE), polypropylene (PP), low-density polyethylene (LDPE), and others.
Non-Food Packaging Segment to Create Greatest Revenue
On the basis of application, the market is categorized into non-food packaging, food packaging, construction, automotive, and others. The non-food packaging segment is anticipated to maintain its largest share throughout the forecast period owing to the great demand for recycled PET for manufacturing bottles and other packaging products such as films and wraps.
Geographically, the global market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
Drivers and Restraints:
Growing Implementation in Packaging Industry to Foster Market
The demand for recycled materials is progressing in numerous industries such as food & beverage, and consumer goods. In the food & beverage industry, the utilization of recyclable polymer is surging owing to the huge demand for food-safe packaging material. These materials can effectually substitute conventional plastics as a barrier between the food products and the environmental aspects, which eventually upsurges the market. Recycled polyethylene terephthalate is an ideal material considerably opted in the production of bottles for water and beverage packaging.
To Purchase this Premium Report, Click Here- https://www.fortunebusinessinsights.com/checkout-page/102568
Contact Us:
Fortune Business Insights™ Pvt. Ltd.
9th Floor, Icon Tower, Baner-Mahalunge Road,
Baner, Pune-411045, Maharashtra, India.
Phone:
US: +1 424 253 0390
UK: +44 2071 939123
APAC: +91 744 740 1245
Email: sales@fortunebusinessinsights.com
About Us:
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
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 Top News: Recycled Plastic Market to Hit USD 76.23 Billion by 2028 | Fortune Business Insights™ here
News-ID: 2901403 • Views: …
More Releases from Fortune Business Insights
Future of Renewable Energy Market Insights: Growth Drivers, and Regional Develop …
Global Renewable Energy Market Overview
The global renewable energy market size was valued at USD 954 billion in 2023. The market is projected to grow from USD 1,020.94 billion in 2024 to USD 1,574.17 billion by 2032, exhibiting a CAGR of 5.56% during the forecast period. Asia Pacific dominated the renewable energy market with a market share of 67.76% in 2023. The Renewable energy market in the U.S. is projected to…
DC Drives Market Overview: Opportunities, Growth Drivers, and Key Applications
Market Overview
The global DC drives market size was valued at USD 4.34 billion in 2018 and is projected to reach USD 9.23 billion by 2032, exhibiting a CAGR of 5.59% during the forecast period of 2019-2032. Asia Pacific dominated the global market with a share of 28.8% in 2018. The DC drives market in the U.S. is projected to grow significantly, reaching an estimated value of USD 1.59 billion by…
Humanoid Robots Market: An In-depth B2B Analysis of Size, Share, and Future Grow …
Brief Market Overview:
The global humanoid robots market is rapidly transitioning from a nascent field into a major growth sector, with its value escalating from USD 2.43 billion in 2023 to a projected USD 66.0 billion by 2032, demonstrating a remarkable CAGR of 45.5%.
These complex machines, which merge mechanical, electrical, and software engineering, are moving beyond research labs into real-world applications across industrial, service, and household sectors. This explosive growth…
Methanol Market Poised for Remarkable Growth, set to Reach USD 46.32 billion by …
The global methanol market size was valued at USD 31.26 billion in 2023. It is projected to grow from USD 32.70 billion in 2024 to USD 46.32 billion by 2032, exhibiting a CAGR of 4.5% during the forecast period.
The global methanol market size is set to gain traction from the urgent need to lower environmental pollution caused by the surging usage of heavy fuels, such as diesel and gasoline. Pollution…
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…
