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Recycled Plastics Market to Reach USD 53.01 Bn by 2029, emerging at a CAGR of 8.9 percent and forecast 2023-2029
Recycled Plastics Market
The Recycled Plastics market analysis encompasses segments based on Source, Type, End-Use Industry, and Region. This comprehensive report offers valuable insights, supported by historical data and statistically validated market statistics. The research methodology employs a bottom-up approach to estimate market size, leveraging both primary and secondary research techniques. Key players, including Indorama Ventures, Veolia, Suez, and Jayplas, have been identified through meticulous research, leading to industry-validated revenue determinations.
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Recycled Plastics Market Research Methodology:
The bottom-up approach has been employed to estimate the market size. Key players in the Recycled Plastics market were identified through secondary research, and their market revenues were determined through primary and secondary research. This included a thorough review of annual and financial reports of leading manufacturers and interviews with industry experts and opinion leaders.
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What are Recycled Plastics Market Dynamics:
Plastic recycling is a popular issue that is often in the news, and the market growth potential is enormous. According to the most recent data, just 31% of the plastic garbage collected in Europe was recycled, with the remainder being burnt (producing CO2 emissions) or landfilled (squandering land). The recycling ratio for collected garbage for plastic packaging is slightly higher, at 41 percent. When the volume of plastic that is not even recovered but seeps into the ecosystem is included, the recycling percentages drop even more. Because of the environmental benefits of recycling plastic trash, the European Union (EU) has increased recycling objectives for its member countries.
Recycled Plastics Market Regional Insights:
Approximately 127 countries have implemented legislation to restrict the use of single-use plastics, signaling a global shift towards sustainable practices. Efforts to combat plastic pollution are gaining momentum, with a focus on marine conservation. Research and investment in innovative material designs and advanced recycling technologies are driving the circular economy approach.
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What is Recycled Plastics Market Segmentation:
by Product
1. Bottles
2. Films
3. Fibers
4. Foams
5. Others
by Plastic Type
1. Polyethylene Terephthalate (PET)
2. Polyethylene (PE)
3. Polyvinyl Chloride (PVC)
4. Polypropylene (PP)
5. Polystyrene (PS)
6. Others
by Application
1. Packaging
2. Building & Construction
3. Textile
4. Automotive
5. Electrical & Electronics
6 Others
by Process
1. Mechanical
2. Chemical
by Type
1. Post-Consumer Recyclate
2. Industrial Recyclate
Who are Recycled Plastics Market Key Players:
1. Clear Path Recycling(US)
2. Custom Polymers(US)
3. Plastipak Holdings(US)
4. Republic Services (US)
5. Stericycle(US)
6. KW Plastics(US)
7. B. Schoenberg & Co.(US)
8. B&B Plastics(US)
9. Waste Connections, Inc.(US)
10. MBA Polymers(US)
11. ndorama Ventures (Thailand)
12. Veolia (France)
13.Suez((France)
14. Jayplas (UK)
15. Biffa(UK)
16. Alpek (Mexico)
17. Far Eastern New Century Corporation (Taiwan)
18. Remondis SE & Co. KG (Germany)
Table of content for the Recycled Plastics Market includes:
1. Global Recycled Plastics Market: Research Methodology
1. Global Recycled Plastics Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
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3.Global Recycled Plastics Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
1. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key Offerings:
• Past Market Size and Competitive Landscape (2018 to 2021)
• Past Pricing and price curve by region (2018 to 2021)
• Market Size, Share, Size & Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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