Recycled Plastic Market Trends, Drivers, and Forecast by 2030

Author : NIlesh Tak | Published On : 06 Mar 2024

This Recycled Plastic market report has been prepared by considering several fragments of the present and upcoming market scenario. The market insights gained through this market research analysis report facilitates more clear understanding of the market landscape, issues that may interrupt in the future, and ways to position definite brand excellently. It consists of most-detailed market segmentation, thorough analysis of major market players, trends in consumer and supply chain dynamics, and insights about new geographical markets. The market insights covered in Recycled Plastic report simplifies managing marketing of goods and services effectively.

Data Bridge Market Research analyses that the market is growing with a CAGR of 4.6% in the forecast period of 2023 to 2030 and is expected to reach USD 39,458,951.91 thousand by 2030.

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Market Overview:

Recycled plastic refers to plastic materials that have undergone a process of transformation, where waste plastic is collected, sorted, cleaned, and processed into new usable products. It involves breaking down the plastic into small pieces, melting them, and reshaping them into various forms, such as bottles, containers, or fibers. This recycling process helps divert plastic waste from landfills, conserves natural resources, and reduces the need for virgin plastic production. 

Some of the major players covered in the Recycled Plastic report are Veolia, LyondellBasell Industries Holdings B.V., Indorama Ventures Public Company Limited, Dow, Repsol, Alpek S.A.B. de C.V., Far Eastern New Century Corporation, Borealis AG, PLASTIPAK HOLDINGS, INC., KW Plastics, Ultra-Poly Corporation, Jayplas, CUSTOM POLYMERS, Recycled Plastics UK, K K Asia (HK) Ltd., Envision Plastics, B & B Plastics Inc., Granite Peak Plastics., B. Schoenberg & Co., Inc., MBA Polymers Inc., and Revolution Company among others among others.

Global Recycled Plastic Market Scope

The market is categorized based on source, polymer type, and industry. The growth amongst these segments will help you analyze major growth segments in the industries and provide the users with a valuable market overview and market insights to make strategic decisions to identify core market applications.

Source

  • Bottles
  • Films
  • Fibers
  • Foams
  • Others

On the basis of source, the market is segmented into bottles, films, fibers, foams, and others.

Polymer Type

  • Polyethylene Terephthalate (PET)
  • High-density Polyethylene (HDPE)
  • Low-density Polyethylene (LDPE)
  • Polypropylene (PP)
  • Polyvinyl Chloride (PVC)
  • Polystyrene (PS)
  • Polyurethane (PUR)
  • Others

On the basis of polymer type, the market is segmented into high-density polyethylene (HDPE), low-density polyethylene (LDPE), polypropylene (PP), polyvinyl chloride (PVC), polystyrene (PS), polyurethane (PUR) and others.

Industry

  • Packaging
  • Building & Construction
  • Automotive
  • Electrical and Electronics
  • Furniture
  • Textile and Clothing
  • Aerospace and Defence
  • Others

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Table of Content:

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Global Recycled Plastic Market Landscape

Part 04: Global Recycled Plastic Market Sizing

Part 05: Global Recycled Plastic Market Segmentation By Product

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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