Plastic Recycling Market Size, development status, top manufacturers, and forecasts for 2029

Plastics are lightweight, sturdy and cheap materials, which can be promptly made into an assortment of items. Accordingly, the creation of plastics has expanded complex in the course of the most recent couple of decades.

Plastic Recycling Market Overview

The Plastic Recycling market report published by MMR encompasses various segments that offer up-to-date business data and insights into the industry's future through careful assessment and examination. Titled as the Plastic Recycling Market Report 2021, the report categorizes the market by manufacturer, type, application, and region. It provides an in-depth analysis, revenue statistics, and other crucial data about the global Plastic Recycling industry. The report also covers various trends, drivers, limitations, opportunities, and threats that the market is expected to face during the forecast period.

Plastic Recycling Market was valued US$ 50.58 Bn. in 2022 and is expected to reach US$ 78.61 Bn. by 2029, at a CAGR of 6.5% during a forecast period.

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Plastic Recycling Market Scope

The Plastic Recycling market report covers the forecast period from 2022 to 2029, with 2021 as the base year. The market size in terms of value and volume for 2021 is estimated based on actual figures and outputs of prominent players worldwide. The market trends from the past five years, specifically from 2016, are taken into account while projecting the market outlook for the period of 2022 to 2029. However, the year 2021 is analyzed separately, considering the impact of regional lockdown measures.

Furthermore, the report provides a comprehensive analysis of the Plastic Recycling industry, including market segmentation based on product type, applications, end-use, and region. It incorporates an examination of historical market dynamics from 2018 to 2021, enabling readers to compare past trends with the current market scenarios and understand the contributions of key players.

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Segmentation

For use in textile applications, Polyethylene Terephthalate (PET) is mostly recycled into PET fibers and yarns. The majority of plastics are used to make building materials like roof and floor tiles, landscaping furniture, and plastic lumber. Containers made of post-consumer polyethylene terephthalate (PET or PETE) are classified by color. The flakes are then cleaned and washed by PET recyclers. The clean flake is treated again, dried, melted, and made into functional items including polyester staple fibers, partially oriented yarns, bottles, sheets, straps, master batches, and injection molded items. Polyester fiber manufacture frequently makes use of rPET.

by Source Plastic

Bottles
Plastic Films
Synthetic Fibers
Rigid Plastics & Foams
Others
by Type

Polyethylene Terephthalate (PET)
Polyethylene (PE) – LPDE & HDPE
Polypropylene (PP)
Polyvinyl Chloride (PVC)
Polystyrene (PS)
Polyamide (PA)
Others

Key Players

1. MBA Polymers Inc.
2. MOL Group
3. Plasgran Ltd.
4. Novolex
5. Phoenix Technologies International LLC
6. Vikoz Enterprises, Inc.
7. Plastic Recycling, Inc.
8. Terracycle US, Inc.
9. KW Plastics
10.DS Smith PLC
11.PETCO
12.Waste Connections, Inc.
13.Custom Polymers, Inc.
14.Envision Plastics
15.Kuusakoski Group Oy
16.Clear Path Recycling

Regional Analysis

The Plastic Recycling market report provides comprehensive insights and understanding of the current trends, dynamics, and key issues within the market. It highlights the most significant developments that impact the industry, helping readers stay informed about the latest advancements. The report aids in identifying the crucial information presented and assessing the competitive landscape of major companies, analyzing Plastic Recycling market dynamics, and other factors that assist in formulating effective marketing strategies.

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https://www.maximizemarketresearch.com/request-sample/55199

Table Of Content:

1. Preface
1.1. Report Scope and Market Segmentation
1.2. Research Highlights
1.3. Research Objectives

2. Assumptions and Research Methodology
2.1. Report Assumptions
2.2. Abbreviations
2.3. Research Methodology
2.3.1. Secondary Research
2.3.1.1. Secondary data
2.3.1.2. Secondary Sources
2.3.2. Primary Research
2.3.2.1. Data from Primary Sources
2.3.2.2. Breakdown of Primary Sources

3. Executive Summary: Global Plastic Recycling Market Size, by Market Value (US$ Mn)
4. Market Overview
4.1. Introduction
4.2. Market Indicator
4.2.1. Drivers
4.2.2. Restraints
4.2.3. Opportunities
4.2.4. Challenges
4.3. Porter’s Analysis
4.4. Value Chain Analysis
4.5. Market Risk Analysis
4.6. SWOT Analysis
4.7. Industry Trends and Emerging Technologies

Key Questions answered in the Plastic Recycling Market Report are:

  • What is Plastic Recycling Market?
  • What is the forecast period of the Plastic Recycling Market?
  • What is the competitive scenario of the Plastic Recycling market?
  • Which region held the largest market share in the Plastic Recycling Market?
  • What are the opportunities for the Plastic Recycling Market?
  • What factors are affecting the Plastic Recycling market growth?
  • Who are the key players of the Plastic Recycling market?
  • Which company held the largest share in the Plastic Recycling market?
  • What will be the CAGR of the Plastic Recycling market during the forecast period?
  • What key trends are likely to emerge in the Plastic Recycling market in the coming years?

Key offerings:

  • Market Share, Size, and Forecast by Revenue|2022-2029
  • Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
  • Market Segmentation: A detailed analysis by Plastic Recycling#
  • Landscape- Leading key players and other prominent key players.

About Maximize Market Research:

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