Plastics Recycling Market Is Highly Growing in Industry with Good Revenue by 2030

Increasing awareness regarding negative impact of plastic pollution on environment is a key factor driving market revenue growth

The latest study on the Plastics Recycling Market    industry includes a detailed analysis of the future trends and demands for the forecast period, 2020 -  2030                The study is inclusive of a profound analysis of this business sphere focuses on the overall remuneration of the market over the projected period. The study also includes significant information pertinent to the Plastics Recycling Market    industry, particularly the current COVID-19 scenario. Exhaustive coverage of the COVID-19 impact on the Plastics Recycling Market    industry is a major attraction of the report.

The global plastics recycling market size was USD 38.52 Billion in 2021 and is expected to register a revenue CAGR of 15.7% during the forecast period, according to the latest analysis by Emergen Research. Increasing use of recycled plastic in packaging and automotive industries is a major factor driving market revenue growth. In addition, rising demand for advanced, innovative, and sustainable recycled plastic products, such as 3D printing plastic waste furniture, is driving revenue growth of the market. For example, a laboratory in Thessaloniki recycles plastic waste from Greek households to create urban furniture. Moreover, rising initiatives from governments of various countries are driving revenue growth of the market.

 

Key participants include   Indorama Ventures Public Company Limited, Veolia, WM Intellectual Property Holdings, L.L.C., Unilever, Johnson Matthey, SUEZ, Republic Services, Inc., REMONDIS SE Co. KG, Econic Technologies, The Shakti Plastic Industries, Biffa, Waste Connections, CLEAN HARBORS, INC., KW Plastics and KW Plastics Recycling Division, and B B Plastics Inc.

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Research Methodology

Emergen Research follows a cohesive methodology to reduce the residual errors to a minimum level by refining the scope, validating through primary insights, and nurturing the in-house database on a regular basis. A dynamic model is formulated to capture the regular fluctuations in the market and thereby, being updated with any shifts in the market dynamics. The parameters and variables involved in the research vary depending on individual markets and most importantly, both demand and supply side information is included in the model to identify the market gap.

 

  Key Objectives of the Global Plastics Recycling Market   Report:

  • An all-inclusive analysis and forecast estimation of the market have been included in this report.
  • The report offers valuable insights into the major drivers, limitations, opportunities, and challenges faced by the global Plastics Recycling Market   
  • and its leading players.
  • The report sheds light on the prominent market contenders, as well as their business strategies and long-term expansion plans.

Get access to the full description of the report @ https://www.emergenresearch.com/industry-report/plastics-recycling-market

Emergen Research has segmented the global plastics recycling market based on product type, source, end-users, and region:

·        Product Type Outlook (Revenue, USD Billion; 2019–2030)

  • Polyethylene Terephthalate
  • Polyethylene
  • Polystyrene
  • Polyvinyl Chloride
  • Polypropylene
  • Others

·        Source Outlook (Revenue, USD Billion; 2019–2030)

  • Bottles
  • Films
  • Foams
  • Fibers
  • Others

·        End-Use Outlook (Revenue, USD Billion; 2019–2030)

  • Building Construction
  • Automotive
  • Packaging
  • Textile
  • Electrical Electronics
  • Others

 Regional Overview:

The global  Plastics Recycling Market   market has been categorized on the basis of key geographical regions into North America, Asia Pacific, Europe, Latin America, and Middle East Africa. It evaluates the presence of the global  Plastics Recycling Market   market in the major regions with regards to market share, market size, revenue contribution, sales network and distribution channel, and other key elements

The report considers the following timeline for market estimation:

  • Historical Years: 2017-2018
  • Base Year: 2019
  • Estimated Year: 2027
  • Forecast Years: 2020-2027

Global  Plastics Recycling Market  Report – Table of Contents:

  • Chapter 1 includes the global Plastics Recycling Market   market introduction, followed by the market scope, product offerings, growth opportunities, market risks, driving forces, and others.
  • Chapter 2 broadly categorizes the Plastics Recycling Market   market on the basis of geography, and determines the sales, revenue, and market shares of each region over the estimated period.
  • Chapter 3 elaborates on the competitive outlook of the Plastics Recycling Market   market, focusing on the major manufacturers and vendor landscape.
  • Chapter 4 exhaustively studies the key manufacturers of the Plastics Recycling Market   industry, along with their anticipated sales and revenue shares.
  • Chapters 5 includes market segmentation based on product type, application range, and market players.

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