Pet Bottle Recycling Industry 2019
Description:-
PET bottle recycling is one of the most important processes of waste plastic recovery which means turning the waste products into useful products. It mainly includes the processes of sorting, waste collection, molding and shredding. The fundamental crude material for plastics being oil and natural gas, exhausting supplies of petroleum makes it monetarily reasonable to reuse plastics than process them right from the scratch. This combined with the rising awareness level about the effect of plastic disposal on nature cultivate the development of the global PET bottle recycling market. Also, the restrictions imposed on the import of the plastic waste by the emerging nations is expected to boost the market growth. However, the lack of awareness about the necessity of waste management in different Asia Pacific regions like Indonesia, Cambodia and India is expected to hamper the growth of the global market. The global PET bottle recycling market is estimated to reach the value of USD 5,933.6 Mn by the end of the year 2023 by growing at a CAGR of 5.28%.
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Market segmentation
The global PET bottle recycling market is classified on the basis of its application and recycling process. The PET bottle recycling finds its application in major industries including consumer goods, personal care, beverages, pharmaceuticals, and others. Based on its recycling process, the global PET bottle recycling market is bifurcated into chemical and mechanical.
Regional analysis
Geographically, the global PET bottle recycling market is divided into global regions like Europe, North America, Asia- Pacific, Middle East, LATAM, and Africa.
Major players
Krones Ag, Plastipak Holdings, Inc., UltrePET, LLC, Phoenix Technologies, Indorama Ventures Public Company Limited, CarbonLITE Industries, Clear Path Recycling, Schoeller Group, PFR Nord GmbH, and PolyQuest are some of the major players in the global PET bottle recycling market.
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Table Of Contents – Major Key Points
1 Executive Summary
2 Market Introduction
2.1 Definition
2.2 Scope of the Study
2.3 List of Assumptions
2.4 Market Structure
2.5 Key Takeaways
2.6 Macro Factor Indicators Analysis
3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
4 Market Dynamics
4.1 Introduction
4.2 Drivers
4.2.1 Use of PET Bottles in the Packaging Industry
4.2.2 Government Support for Recycling Plastic
4.2.3 Impact of Plastic Disposal on the Environment
4.2.4 Drivers Impact Analysis
4.3 Restraint
4.3.1 Lack of Awareness Regarding Recycling
4.3.2 Restraint Impact Analysis
4.4 Opportunities
4.4.1 Designing of PET Bottle to Facilitate Recycling
4.4.2 Ban on Import of Plastic Waste by Emerging Economies
5 Market Factor Analysis
5.1 Supply Chain Analysis
5.1.1 Waste Collection
5.1.2 Sorting and Shredding
5.1.3 Plastic Molding
5.1.4 End-Use
5.2 Porter’s Five Forces Model
5.2.1 Threat of New Entrants
5.2.2 Bargaining Power of Suppliers
5.2.3 Bargaining Power of Buyers
5.2.4 Threat of Substitutes
5.2.5 Intensity of Rivalry
Continued……
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