An overview of the Plastic Recycling Market is as follows:
The comprehensive “Plastic Recycling Market” study covers important topics such an overview, definition, and structural analysis, offering a detailed investigation of the sector. In order to identify the forces, constraints, opportunities, and difficulties that influence market dynamics, it explores microelements such as gross margin, cost, market share, capacity, utilization, and supply. This vital information is necessary to help investors make well-informed judgments and to create strategic strategies for new entrants.
Technological developments and industry expansion in the Plastic Recycling market are expected to be key drivers of market progress throughout the projected period.
Examination and Advancement of the Plastic Recycling Market:
Plastic Recycling Market size was valued at USD 1.30 Bn. in 2022 and the total Plastic Recycling revenue is expected to grow by 32.28% from 2023 to 2029, reaching nearly USD 9.28 Bn.
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Plastic Recycling Market Extent
In order to provide insights into the long-term implications of the major drivers and constraints affecting the Plastic Recycling industry, this study does a microanalysis of those factors. The report uses accurate visuals, clear and understandable language, and a combination of quantitative and qualitative data analysis.
The Plastic Recycling market report’s data analysis takes a thorough approach, including primary and secondary data gathering techniques. While secondary data includes government websites, yearly reports, and the financial reports of important companies in the market, primary data gathering entails conducting telephone interviews and in-person surveys to obtain a thorough picture of the industry.
Strategic tools for strategic planning and management, such as SWOT analysis, provide micro-scale analysis. The technological, social, legal, environmental, political, and economic effects on the Plastic Recycling market are also clarified by PESTLE analysis.
In addition, the paper explores current industry trends and offers projections for the years to come.
Plastic Recycling Market Classifications
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
Polyethylene Terephthalate (PET) is largely recycled into PET fibers and yarns for textile applications. However, most plastics end up as construction products such as plastic lumber, landscaping furniture, and roof & floor tiles. Post-consumer polyethylene terephthalate (PET or PETE) containers are sorted into different colors. PET recyclers further wash and clean the flakes. The clean flake is dried, melted, reprocessed and then converted into useful products such as bottles, sheets, straps, monofilaments, master batches, injection molded articles, polyester staple fibers, and partially oriented yarns. rPET is widely used in the production of polyester fibers.
by Recycling Method
Thermal decomposition
Heat compression
Distributed recycling
Pyrolysis
Others
by End-Use
Packaging
Building & Construction
Textiles
Automotive
Electrical & Electronics
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Plastic Recycling Market Geographical Evaluation
The study places a strong emphasis on a regionally specific, in-depth industry analysis to support region-specific strategy planning. grasp the reasons why some areas dominate the global market requires a thorough grasp of regional analysis. Comprehending the study of major regions becomes crucial over the projected period as it aids investors in comprehending the effects on regional market trends, development potential, and limits as well as the worldwide compound annual growth rate (CAGR). It is anticipated that some areas would get a sizable market share and position in the sector.
The following companies are included in the market for Plastic Recycling :
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
17.Clean Tech Incorporated
18.Mohawk Industries Incorporated
19.CarbonLite Industries
20.Envision Plastics Industries
21.Advanced Environmental Recycling Technologies Incorporated
22.Evergreen Plastics
23.PolyQuest
24.Phoenix Technologies
25.Verdeco Recycling
List of Contents : Plastic Recycling Market
Part 01: Executive Summary
Part 02: Scope of the Plastic Recycling Market Report
Part 03: Plastic Recycling Market Landscape
Part 04: Plastic Recycling Market Sizing
Part 05: Plastic Recycling Market Segmentation by Type
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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