Press release
Global Recycled Plastics Market to grow at a CAGR of 4.31% during the period 2016-2020
A large proportion of the plastic that is procured for recycling is not suitable for recycling as most plastics used are semi-porous and absorb molecules of the stored material. The removal of these residues is tedious and additional treatments for the same can potentially alter the properties of the recycled plastics. Most recycled plastics are used to make lower grade products. These are hydrolyzed to a monomeric form and then purified and re-polymerized into food grade plastic.
The global recycled plastics market to grow at a CAGR of 4.31% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global recycled plastics market for 2016-2020. To calculate the market size, the report considers the revenue generated from the use of different types of recycled plastics.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
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Technavio's report, Global Recycled Plastics Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
- Avangard Innovative
- B. Schoenberg & Co
- Delta Plastics of the South
- UltrePET LLC
Other prominent vendors
- CarbonLITE Industries
- Marmax Products
- ORBIS
- PolyPrime
- Worldwide Recycler Services
Market driver
- Emerging opportunities for recycled products
- For a full, detailed list, view our report
Market challenge
- Low penetration of recycled plastic products
- For a full, detailed list, view our report
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Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
ResearchMoz is the world’s fastest growing collection of market research reports worldwide. Our database is composed of current market studies from over 100 featured publishers worldwide. Our market research databases integrate statistics with analysis from global, regional, country and company perspectives. ResearchMoz’s service portfolio also includes value-added services such as market research customization, competitive landscaping, and in-depth surveys, delivered by a team of experienced Research Coordinators.
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