Press release
Recycled Plastic Industry is Expected to Reach US$ 95.5 Billion by 2031 - Covetsro AG, REMONDIS SE & Co. KG, Biffa, Stericycle, Republic Services, Inc.
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The Recycled Plastic market report majorly focuses on market trends, historical growth rates, technologies, and the changing investment structure. Additionally, the report shows the latest market insights, increasing growth opportunities, business strategies, and growth plans adopted by major players. Moreover, it contains an analysis of current market dynamics, future developments, and Porter's Five Forces Analysis.
Recycled plastic refers to plastic waste that has been processed and reprocessed into new products. This process involves collecting plastic waste, sorting it by type and color, cleaning it, shredding or melting it down, and then reforming it into pellets or flakes that can be used in manufacturing. Recycling plastic helps reduce the amount of plastic waste in landfills and oceans, conserves natural resources, and decreases energy consumption compared to producing new plastic from raw materials. Common products made from recycled plastic include bottles, containers, packaging, furniture, and various consumer goods.
Forecast Growth Projected:
The Global Recycled Plastic Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
List of the Key Players in the Recycled Plastic Market:
Covetsro AG, REMONDIS SE & Co. KG, Biffa, Stericycle, Republic Services, Inc., WM Intellectual Property Holdings, L.L.C., Veolia, Shell International B.V., Waste Connections, CLEAN HARBORS, INC.
Segment Covered in the Recycled Plastic Market:
By Type: Post Consumer Recyclate, Industrial Recyclate.
By Plastic Type: Polyethylene, Polyethylene Terephthalate, Polypropylene, Polyvinyl Chloride, Polystyrene, Others.
By Source: Bottles, Films, Foams, Fibers, Others.
By Process: Mechanical, Chemicals, Others.
By End-User: Building & Construction, Packaging, Electrical & Electronics, Textiles, Automotive, Others.
Regional Analysis:
The global Recycled Plastic Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.
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Regional Analysis:
The global Recycled Plastic Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Recycled Plastic Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
Chapter Outline:
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: key insights, key emerging trends, etc.
Chapter 3: Manufacturers competitive analysis, detailed analysis of Recycled Plastic manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 5 & 6: Revenue of Recycled Plastic in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: The main points and conclusions of the report.
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FAQs
How big is the Recycled Plastic Market?
The Recycled Plastic Market size was USD 48.6 billion in 2023. It is expected to reach USD 95.5 billion by 2031.
How fast is the Recycled Plastic Market growing?
The Recycled Plastic Market will exhibit a CAGR of 8.9% during the forecast period, 2024-2031.
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