Press release
Recycled Plastics Market size worth $141.9 billion by 2032, witnessing a CAGR of 7.9% from 2023 to 2032: AMR
Recycled Plastics Market
Get a Sample Copy of this Report:
https://www.alliedmarketresearch.com/request-sample/5571
The polyethylene terephthalate (PET) sub-segment of the global recycled plastic market accounted for the largest share of 58.5% in 2022 and is predicted to grow at the highest CAGR of 8.2% by 2032. The prominent growth of the sub-segment is mainly because PET is commonly used in single-use beverage bottles, textiles, and food packaging. Recycling PET reduces the need for virgin plastic production and additionally helps in the removal of plastic trash from landfills & oceans.
The agriculture, farming and gardening sub-segment of the recycled plastic market accounted for the highest share of 31.5% in 2022 and is projected to witness significant growth during the forecast period. The prominent growth of the sub-segment is mainly because incorporating recycled plastics into agricultural techniques promotes the concept of a circular economy, in which plastics are recycled and utilized rather than dumped as garbage. This contributes to trash reduction and environmental impact reduction by removing plastic garbage from landfills and oceans.
The recycled plastics market is segmented on the basis of type, end-use industry, application, and region. By type, the market is divided into polyethylene terephthalate (PET), high density polyethylene (HDPE), polypropylene (PP), and others. By end-use industry, the market is classified into agriculture, farming & gardening, building & construction, packaging, automotive, electrical & electronics and others. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Want to Access the Statistical Data and Graphs, Key Players' Strategies: https://www.alliedmarketresearch.com/recycled-plastic-market/purchase-options
The recycled plastic market in the Asia-Pacific region accounted for the largest share of 44.5% in 2022 and is predicted to grow at the highest CAGR of 8.4% by 2032. This growth is mainly due to a shortage of traditional raw materials in this region which has triggered the need for adopting alternatives such as recycled plastics. Using recycled plastics helps reduce the burden on natural resources. Furthermore, businesses are responding by using recycled plastics in their products, which is creating demand for recycled plastic resources.
Leading Players in the Recycled Plastic Market:
B. Schoenberg & Co.
Custom Polymers
Joes Plastics, Inc.
KW Plastics
Ultra Poly Corporation
Green Line Polymers
Jayplas
Veolia
Clear Path Recycling
Plastipak holdings
Full Report Overview:
https://www.alliedmarketresearch.com/recycled-plastic-market
The report provides a detailed analysis of the key players of the global recycled plastic market. These players have adopted different strategies, such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain their dominance in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.
Similar Reports:
Plastics Modifiers Market: Global Opportunity Analysis and Industry Forecast, 2021-2031
https://www.alliedmarketresearch.com/plastics-modifiers-market-A53562
Plastic Additives Market: Global Opportunity Analysis and Industry Forecast, 2022-2031
https://www.alliedmarketresearch.com/plastic-additives-market
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
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 size worth $141.9 billion by 2032, witnessing a CAGR of 7.9% from 2023 to 2032: AMR here
News-ID: 4008617 • Views: …
More Releases from Allied Market Research
Saudi Arabia Microfinance Industry on Growth Track, Poised to Hit $1.68 Billion …
According to the report published by Allied Market Research, the Saudi Arabia microfinance market garnered $0.68 billion in 2021, and is estimated to generate $1.68 billion by 2031, manifesting a CAGR of 9.4% from 2022 to 2031. The report provides an extensive analysis of changing market dynamics, major segments, value chain, competitive scenario, and regional landscape. This research offers a valuable guidance to leading players, investors, shareholders, and startups in…
Body Mist Market Estimated to Hit $14.0 Billion by 2035, with Expand at 5.0% Ann …
According to a new report published by Allied Market Research, titled, "Body Mist Market Size, Share, Competitive Landscape and Trend Analysis Report, by Fragrance Type, by Gender, by Price Point, by Skin Type, by Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2024-2035." The report offers a detailed analysis of the top winning strategies, evolving market trends, market size and estimations, value chain, key investment pockets, drivers & opportunities, competitive…
Wellness Retreat Market Growing at a Healthy 7.4% Annually Worldwide From 2023-2 …
According to a new report published by Allied Market Research, titled, "Wellness Retreat Market Size, Share, Competitive Landscape and Trend Analysis Report by Retreat Type, by Location, by Duration : Global Opportunity Analysis and Industry Forecast, 2023-2032." The research provides a current evaluation of the global market landscape, highlighting recent trends, key drivers, and the overall market environment. The study examines the main factors influencing industry expansion, analyzing both its…
Cryptocurrency Mining Hardware Market to hit $5,020.35 Million Globally by 2032 …
Allied Market Research published a report, titled, "Cryptocurrency mining hardware Market by Type (Central Processing Unit, Graphics Processing Unit, Application-Specific Integrated circuit and Field Programmable Gate Array), By Coin (Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance Coin (BNB) and Others) and By Application (Enterprise, and Personal) Global Opportunity Analysis and Industry Forecast, 2023-2032". According to the report, the global cryptocurrency mining hardware market was valued at $1,749.26 million in 2022,…
More Releases for Plastic
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…
Yazheng Plastic Netting combined type plastic netting machine
Yazheng Plastic Netting developed combined type plastic netting machine.The combined type plastic netting machine can produce plastic deer fencing, anti bird netting, erosion control netting and plastic filtration netting.
The combined type plastic netting machine is 30m long, it is be composed of polypropylene grinding miller, extruding machine, high temperature machine, stretch machine, rolled machine and cut machine.
The horizontal thread and vertical thread of nettings that produced by…
Global Plastic Pails (Plastic Bucket) Market 2018 Key Players: Jokey Group, BERR …
Qyresearchreports include new market research report "Global Plastic Pails (Plastic Bucket) Sales Market Report 2018" to its huge collection of research reports.
In this report, the global Plastic Pails (Plastic Bucket) market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2017 and 2025.
Several regional and global trends account for the attractive…
Plastic Closure Market – Analysis of Plastic Closure Test Growth, Plastic Clos …
The latest market intelligence study on Plastic Closure market relies on statistics derived from the application of both primary and secondary research to present insights pertaining to the operational model, opportunities and competitive landscape of Plastic Closure market for the forecast period, 2017 - 2022.
Get Access to Sample Pages@ https://www.marketexpertz.com/sample-enquiry-form/142
Importantly, the research taps critical data about the niche segments, market share, size, and growth rate to offer business…
Recycled Plastic & Plastic Waste to Oil Market Analysis : TMR
There is a growing need for recycling the plastic and plastic waste. Various major companies are now concentrating on developing new waste-conversion technologies. Some of the major corporates in the global recycled plastic and plastic waste to oil market are Agilyx Inc., Cynar Plc, Vadxx Energy LLC, Nexus Fuels LLC, Clean Blue Technologies Inc., JBI Inc., RES Polyflow, PK Clean, Plastic Advanced Recycling Corporation (PARC), and MK Aromatics Ltd. These…
