Press release
Recycled Plastics Market Growth Statistics 2024 Competitive Landscape, Restraining Factors, Development Status and Growth by Forecast 2031 | B&B Plastics, Veolia, Green Line Polymers
Recycled Plastics Market
Market Overview:
Recycled plastics are materials produced from post-consumer plastic waste which are further processed and used in applications such as bottles, fibers, films, and various molded products. Recycled plastics help conserve raw materials and energy in the manufacturing process.
Market Dynamics:
The recycled plastics market is driven by the rising environmental concerns related to plastic waste accumulation and greenhouse gas emissions from plastic production. According to the United Nations Environment Programme, each year approximately 100 million tonnes of plastic waste is dumped in the ocean. Also, the plastic production and incineration processes are estimated to account for roughly 3.8% of total global greenhouse gas emissions. Stringent government regulations regarding the use of recycled content in plastic products and landfill bans on plastic waste are also fueling the demand for recycled plastics. Moreover, growing preference of end-use industries for recycled resins owing to their lower price as compared to virgin resins is further propelling the recycled plastics market growth over the forecast period 2024-2031.
Get Sample Report with Global Industry Analysis @ https://www.coherentmarketinsights.com/insight/request-sample/3073
Recycled Plastics Market Drivers and Dynamics
Increasing Government Regulation on Plastic Waste Management
Governments across the globe are increasingly implementing stringent regulations towards effective plastic waste management and recycling. Regulations like bans on single-use plastics, landfill bans, extended producer responsibility policies are being enforced which is boosting the demand for recycled plastics. Many countries have implemented bans on plastics like grocery bags, straws, Styrofoam containers etc. to reduce plastic pollution. Such regulations are compelling companies to increase the use of post-consumer recycled plastics to meet the compliance standards and divert plastic waste from landfills and oceans.
Rising Demand from Packaging Industry
Recycled plastics find major application in packaging industry for producing food packaging, bottles, containers etc. The packaging industry is continuously witnessing high demand for sustainable packaging solutions due to growing environmental awareness among consumers. Recyclable and recycled plastic packaging is gaining more popularity. Companies in the packaging industry are sourcing post-consumer recycled plastics in large volumes to manufacture recyclable packaging and meet sustainability targets. Also, restrictions on virgin plastics are driving their transition to use of recycled resins to sustain their operations.
Recycled Plastics Market Trend
Technological Advancements for Improved Recyclability
Continuous technological innovations are aiding the production of advanced recyclable and reusable plastics. Developments in polymer engineering, material science and processing technologies are supporting enhanced design of plastics for improved recyclability and recycling rates. New recycling methods for difficult-to-recycle plastic types are enabling higher yields. Emerging technologies like chemical recycling are addressing issues in mechanical recycling. Use of digital tools for efficient waste collection logistics and polymer fingerprinting to optimize sorting are also trending. Ongoing R&D for development of smart, sustainable plastic materials is a prominent market trend.
Worldwide major and leading players within the market are:
★ B&B Plastics
★ Veolia
★ Green Line Polymers
★ Clear Path Recycling
★ B. Schoenberg & Co.
★ Jayplas
★ Suez
★ Custom Polymers
★ Plastipak Holdings
★ KW Plastics.
Don't wait, Make a strategic approach & boost your business goals with our Recycled Plastics Market Forecast Report - Buy Now @
https://www.coherentmarketinsights.com/insight/buy-now/3073
Segmental Overview
Recycled Plastics Market segmentation offers an in-depth analysis of the various segments of the market, including application, type, end use, and region. The segmentation overview section offers crucial information about the market share, sales, and growth rate for each of the segments over the forecast period. Moreover, an examination of the relative multitude of significant sub-portions in the market has been canvassed in the report.Having a knowledge about the various segments and sub-segments helps businesses recognize the importance of factors that drive industry growth.
The titled segments and sub-section of the Recycled Plastics market are illuminated below:
Global Recycled Plastics Market, By Product Type:
★ On the basis of product type, the global recycled plastics market is segmented into:
★ Polyethylene Terephthalate (PET)
★ High Density Polyethylene (HDPE)
★ Low Density Polyethylene (LDPE)
★ Polyvinyl Chloride (PVC)
★ On the basis of source, the global recycled plastics market is segmented into:
★ Plastic Bottles
★ Plastic Bags & Films
★ Synthetic Fiber
★ Rigid Plastics & Foams
★ On the basis of end-use industry, the global recycled plastics market is segmented into:
★ Building & Construction
★ Textiles
★ Automotive
★ Electrical & Electronics
★ Packaging
Regional Analysis for Recycled Plastics Market:
📍 North America (United States, Canada, and Mexico)
📍 Europe (Germany, France, UK, Russia, and Italy)
📍 Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
📍 South America (Brazil, Argentina, Colombia, etc.)
📍 The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
Key Highlights of the Report
Offers a comprehensive and holistic analysis of the Recycled Plastics Market.
Evaluates the competitive environments, covering partnerships, joint ventures, acquisitions, and organic growth.
Provides forecast information related to every region and sub-region of the Recycled Plastics market.
Includes information on the key opportunities and challenges faced by key industry players worldwide.
Covers the Recycled Plastics market's current and future market outlook on industry drivers, market restraints, and regional constraints.
The report answers a number of crucial questions, including:
➥ Which companies dominate the global Recycled Plastics market?
➥ What current trends will influence the Recycled Plastics market over the next few years?
➥ What are the market's opportunities, obstacles, and driving forces?
➥ What predictions for the future can help with strategic decision-making?
➥ What advantages does market research offer businesses?
➥ Which particular Recycled Plastics market segments should industry players focus on in order to take advantage of the most recent technical advancements?
➥ What is the anticipated growth rate for the market economy globally?
Request For Customization at: @ https://www.coherentmarketinsights.com/insight/request-customization/3073
Contact Us:
Mr. Shah
Coherent Market Insights Pvt Ltd,
533 Airport Boulevard, Suite 400, Burlingame, CA 94010, United States
Email: sales@coherentmarketinsights.com
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027
Japan: +050-5539-1737
India: +91-848-285-0837
About Us:
Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.
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 Plastics Market Growth Statistics 2024 Competitive Landscape, Restraining Factors, Development Status and Growth by Forecast 2031 | B&B Plastics, Veolia, Green Line Polymers here
News-ID: 3514953 • Views: …
More Releases from Coherent Market Insights
Thin Film Solar Cell Market to Get an Explosive Growth 2025 | Ascent Solar Techn …
The latest report from Coherent Market Insights examines the growth prospects of the Thin Film Solar Cell Market from 2025 to 2032. This in-depth analysis covers industry size, market share, business trends, key growth factors, and regional forecasts. The report provides a comprehensive overview by integrating research findings, market assessments, and data from various sources. It explores crucial market dynamics, including drivers, restraints, challenges, and potential risks, while also identifying…
Rising Trends of Ultra-Thin Glass Market Outlook 2025-2032: Growth Drivers, Shar …
The latest report from Coherent Market Insights examines the growth prospects of the Ultra-Thin Glass Market from 2025 to 2032. This in-depth analysis covers industry size, market share, business trends, key growth factors, and regional forecasts. The report provides a comprehensive overview by integrating research findings, market assessments, and data from various sources. It explores crucial market dynamics, including drivers, restraints, challenges, and potential risks, while also identifying growth opportunities,…
Rapid Diagnostics Market Set to Witness Massive Growth by 2032 | Abbott, Danaher …
The latest report from Coherent Market Insights examines the growth prospects of the Rapid Diagnostics Market from 2025 to 2032. This in-depth analysis covers industry size, market share, business trends, key growth factors, and regional forecasts. The report provides a comprehensive overview by integrating research findings, market assessments, and data from various sources. It explores crucial market dynamics, including drivers, restraints, challenges, and potential risks, while also identifying growth opportunities,…
U.S. Digital Therapeutics Market Set to Witness Significant Growth by 2025-2032 …
The latest report from Coherent Market Insights examines the growth prospects of the U.S. Digital Therapeutics Market from 2025 to 2032. This in-depth analysis covers industry size, market share, business trends, key growth factors, and regional forecasts. The report provides a comprehensive overview by integrating research findings, market assessments, and data from various sources. It explores crucial market dynamics, including drivers, restraints, challenges, and potential risks, while also identifying growth…
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…
