Press release
Post-consumer Recycled Plastics Market May See a Big Move | Emerging Giants: Biffa ,Stericycle ,Republic Services
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Summary
According to projections, the Post Consumer Recycled Plastics Market will increase by 6% year from 2020 to 2030, In 2022 the market was valued at USD 16. The market for post-consumer recycled plastics has seen a rising trend in terms of collection, domestic recycling, plastic recovery, the export of plastic waste, and the application of legislative rules. These actions have made a substantial impact on the rise in demand for techniques and services related to managing plastic garbage. The public sector (such as municipalities) and the private sector are now both involved in the management of plastic trash as a result of the rigorous rules governing waste management and disposal and growing awareness of the harmful effects of plastic waste accumulation.
The primary factor driving the expansion of the global post-consumer recycled plastics market is the rise in the usage of plastics in the creation of lightweight components utilized in numerous sectors including automotive, construction, food processing, etc. Additionally, the expansion of residential, industrial, commercial, and public infrastructure, an increase in foreign investments in the construction market, and accelerated urbanization around the world have all led to an increase in demand for packaging products.
Plastic is used in the construction sector for a wide variety of applications due to its durability, adaptability, strength-to-weight ratio, corrosion resistance, and many other qualities. Plastic may be moulded or expanded to generate low-density materials, and it can also be dissolved in solvents or distributed as emulsions. Plastic can be manufactured into forms such as pipes, cables, covers, panels, films, sheets, and more. Demand for post-consumer recycled plastic rises along with the demand for plastics.
REMONDIS SE & Co. KG
Biffa
Stericycle
Republic Services
WM Intellectual Property Holdings
Veolia
Shell International B.V.
Waste Connections
CLEAN HARBORS INC.
Driving Factors:
To protect the environment, flora, and wildlife, governments in numerous nations have implemented strict rules to reduce the impact of trash and its harmful byproducts. To stop solid trash from building up in landfills, they have also implemented tight legislation for the handling of consumer and industrial plastic garbage. Infractions of norms and laws are punished with fines by regulatory agencies in the US and Europe.
Restraint: Low residential sector involvement in the handling of plastic waste The management of plastic waste follows a cyclical pattern and includes steps like source identification, garbage collection and segregation, recycling, reuse, and disposal. Plastic garbage comes from a variety of places, including homes, businesses, and institutions.
Opportunity: In industrialized nations like North America and Europe, the market for plastic garbage has reached saturation. Waste is not structured for collection, transportation, or disposal in underdeveloped nations.
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Table of Contents
1. Executive Summary
2. Industry Outlook
2.1. Industry Overview
2.2. Industry Trends
3. Market Snapshot
3.1. Market Definition
3.2. Market Outlook
3.2.1. Porter Five Forces
3.3. Related Markets
4. Market characteristics
4.1. Market Overview
4.2. Market Segmentation
4.3. Market Dynamics
4.3.1. Drivers
4.3.2. Restraints
4.3.3. Opportunities
4.4. DRO - Impact Analysis
5. Polymer Type: Market Size & Analysis
5.1. Overview
5.2. PP
5.3. LDPE
5.4. HDPE
5.5. PVC
5.6. PUR
5.7. PS
5.8. PET
5.9. PC
5.10. Other Thermoplastics
5.11. Other Plastics
6. Service: Market Size & Analysis
6.1. Overview
6.2. Collection & Transportation
6.3. Recycling
6.4. Incineration
6.5. Landfill
7. Processing type: Market Size & Analysis
7.1. Overview
7.2. Mechanical
7.3. Chemical
7.4. Biological
8. Application: Market Size & Analysis
8.1. Overview
8.2. Packaging
8.3. Building & Construction
8.4. Automotive
8.5. Electronics
8.6. Furniture
8.7. Others (textile & clothing, specific applications in aerospace & defense, toys, and other stationery products)
9. Geography: Market Size & Analysis
9.1. Overview
----------
....Continued
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