Press release
Recycled Plastic Market: Report Analysis, Research Studies, Segments, and Recent Trends Forecast by 2031
The Global Recycled Plastic Market reached US$ 48.6 billion in 2022 and is expected to reach US$ 95.5 billion by 2031, growing with a CAGR of 8.9% during the forecast period 2024-2031.
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Recycled plastic refers to plastic materials that have been processed and reformed from waste products into new, usable forms. This process helps reduce plastic waste in landfills and the environment while conserving natural resources. Recycled plastics are commonly used in packaging, construction, textiles, and automotive components. Promoting recycling helps create a circular economy, minimizing the environmental impact of plastic production and consumption.
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 fast is the Recycled Plastic Market growing?
The Recycled Plastic Market is expected to grow at a CAGR 8.9% during the forecasting period 2024-2031.
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