Press release
Global Plastic Recycling Market Estimated to Progress with the CAGR of 6.9% during Forecast of 2016- 2024
Albany, New York, February 27, 2017: The global plastic recycling market has been rapidly increasing over the past few years due to the increasing awareness about emission of carbon. Market Research Hub (MRH) has just posted a new research report into its massive database titled as “Global Plastic Recycling Market” – Forecast 2016–2024. This report analyzes the global plastic recycling market, which was valued at $31.5 billion in 2015 and is likely to touch the digit of $56.8 billion by 2024. The global market is witnessed to grow at a CAGR of 6.9% over the forecast period of 2016 – 2024.Request for Sample Report: http://www.marketresearchhub.com/enquiry.php?type=S&repid=979330
The preliminary phase of the report starts with defining the procedures of plastic recycling, by executed chemically or mechanically to recover plastic waste from discarded items for the production of reusable plastic. Plastic is a non-biogradable waste and the recycling of plastic is global effort to reduce plastic in the waste stream. The global market of plastic recycling is estimated to increase in coming years due to the strict view of developed regions and countries to sanction the use of plastics and decrease the dumping of plastic scraps in landfills. The present condition of overflowing landfills has also prompted an urgent requirement for recycling the plastic instead of generating new material.
On the basis of Geography, the global market is segmented into following regions - Europe, the Middle East and Africa (MEA), Asia Pacific, North America and Latin America (LATAM). Of these regions, Asia Pacific (APAC) is estimated to lead in the global market of plastic recycling throughout the forecast period.
The global plastic recycling market has been divided into the following parts.
On the basis of – Material Analysis
PP – ketchup bottles
PET - Transparent bottles, with a rigid moulded spot in the center of the base
PVC - Transparent bottles, with a seam running across the base
HDPE - Opaque bottles
LDPE
PS and
Others (Nylon, ABS, Polycarbonate etc.)
These types of plastics are primarily used for making bottles for household chemicals, personal care products and storage containers. Higher grade of HDPE plastic is also used for making juice bottles and cans, beverage containers, milk bottles and other edible liquid cans.
On the basis of – Application Analysis
Food Contact
Non-food Contact
Packaging
Automotive
Textile
Construction and
Others (consumer goods and industrial etc.)
Browse Full Report with TOC: http://www.marketresearchhub.com/report/plastic-recycling-market-global-industry-analysis-size-share-growth-trends-and-forecast-2016-2024-report.html
Final phase of the report analyses the major companies for global plastic recycling market and profiled companies are; ARORA FIBRES Limited, B&B Plastics Inc., Kuusakoski Oy, Envisison Plastics, MBA Polymers UK Ltd., KW Plastics and PLASgran Ltd.
Market Research Hub (MRH) is a next-generation reseller of research reports and analysis. MRH’s expansive collection of Market Research Reports has been carefully curated to help key personnel and decision makers across industry verticals to clearly visualize their operating environment and take strategic steps.
MRH functions as an integrated platform for the following products and services: Objective and sound market forecasts, qualitative and quantitative analysis, incisive insight into defining industry trends, and market share estimates. Our reputation lies in delivering value and world-class capabilities to our clients.
90 State Street
Albany, NY 12207
United States
Toll Free: 866-997-4948 (US-Canada)
Tel : +1-518-621-2074
Email : press@marketresearchhub.com
Website : http://www.marketresearchhub.com/
Follow us on LinkedIn: https://www.linkedin.com/company/market-research-hub
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 Global Plastic Recycling Market Estimated to Progress with the CAGR of 6.9% during Forecast of 2016- 2024 here
News-ID: 450221 • Views: …
More Releases from mrh[3]

Sewing Machine Markets in Americas Revealing Key Drivers & Growth Trends through …
The industry report “package Sewing Machine Markets” in Americas to 2021 offers the most up-to-date market data on the actual market situation, and future outlook for sewing machines in different American countries. The package includes sewing machine country reports from the following countries:
Request For Free Sample - http://www.marketresearchhub.com/enquiry.php?type=S&repid=1209319
Argentina, Bolivia, Chile, Colombia, Mexico, Peru, United States
The reports include historic market data from 2010 to 2016 and forecasts until 2021 which…

Global Astronomical Telescope Market Research Report : Share, Growth, Size, Tren …
The global Astronomical Telescope market is expected to grow at a steady rate and will post a healthy CAGR during the forecast period. The rising preference for minimally invasive (MI) procedures is likely to drive the growth prospects for the global industrial castings market over the coming years. A new market report with a title “Global Astronomical Telescope Market” Research Report 2017 has been recently added to the vast online…

Clothing & Footwear Retailing in Australia, Market Estimated for Steady Growth a …
"Clothing & Footwear Retailing in Australia Market Shares” Summary and Forecasts to 2021 provides data for historic and forecast retail sales, and also includes information on the business environment and country risk related to Australian retail environment. In addition, it analyzes the key consumer trends influencing Australian clothing and footwear industry.
Request For Free Sample - http://www.marketresearchhub.com/enquiry.php?type=S&repid=1196741
New international entrants to the Australian clothing market have shaken up the sector with…

Global Phthalocyanine Pigments Market to Expand at a Significant CAGR during the …
Phthalocyanine is an organic pigment and thus, the high growth of the global organic pigments market is providing a significant momentum to the global phthalocyanine pigments market. The rising growth of end-user industries such as packaging, textiles, printing inks, and coatings is expanding the global phthalocyanine pigments market. Market Research Hub (MRH) has recently added a new market report to its vast online database. This research report is titled as…
More Releases for Hub
POWER HUB REVIEWS 2025: IS POWER HUB ANY GOOD ?
In today's world, staying connected and keeping our devices powered up is essential. Whether at home or in the office, we often find ourselves juggling multiple chargers and power strips to keep our gadgets running. This can create clutter and inconvenience, making it harder to stay organized. The solution? A sleek and innovative power hub that combines multiple outlets, USB charging ports, and a built-in nightlight in one compact unit.…
Global Hub Unit Bearing (HUB) Market Foreseen to grow exponentially Over 2024-20 …
The Global Hub Unit Bearing (HUB) market report on the industry provides a thorough analysis of the different methods and materials employed in the manufacturing of Global Hub Unit Bearing (HUB) market goods.. Key regions that are speeding up marketization are used to segment the market study. The scope of various market segments and applications that may have future market influence is also provided in this section. The comprehensive data…
Hub of Innovation: Trends Shaping the Automotive Wheel Hub Market
Introduction
The automotive wheel hub is a crucial component that connects the wheel to the axle, facilitating smooth rotation and ensuring vehicle stability. As the automotive industry embraces new technologies and changing consumer demands, the wheel hub market is experiencing dynamic growth and transformation. This article explores the key market drivers, segmentation, regional insights, leading players, and regulatory considerations impacting the automotive wheel hub market.
Request Sample Report: https://www.reportprime.com/enquiry/sample-report/19896
Key Market Drivers
Rising Global…
Bike Hub Market Revolutionizing Cycling Performance with Innovative Hub Technolo …
Global Bike Hub Market Overview:
The Bike Hub market is a broad category that includes a wide range of products and services related to various industries. This market comprises companies that operate in areas such as consumer goods, technology, healthcare, and finance, among others.
In recent years, the Bike Hub market has experienced significant growth, driven by factors such as increasing consumer demand, technological advancements, and globalization. This growth has created both…
Hub Motor Market : Front Hub Motor and Rear Hub Motor Industry Forecast, 2019-20 …
The global hub motor market size was valued at $12.25 billion in 2018, and is projected to reach $17.45 billion by 2026, registering a CAGR of 4.4% from 2019 to 2026.
Presently, Asia-Pacific dominates the market, followed by Europe, North America, and LAMEA. China dominated the Asia-Pacific hub motor market share in 2018 and is anticipated to maintain its lead during the forecast period.
Pedelecs are designed to make driving an e-bike…
Digital Tools Resource Hub
PNGK has created a useful hub of digital tools to help humanitarian organizations improve their efficiency by implementing modern tech solutions. We've built this by compiling and categorizing free or freemium digital tools that we use in our day to day work. This free website will be regularly updated with new useful tools we come across thereby providing humanitarian organizations with the most up to date technology enabling them…