A new market study, titled “Plastic Recycling 2020 Global Market Analysis, Company Profiles and Industrial Overview Research Report Forecasting to 2026” has been featured on WiseGuyReports.
Plastic Recycling Market
Plastic recycling means reprocessing the scrap or waste plastic material into useful products. Plastic is inexpensive, lightweight and durable materials, which can readily be moulded into a variety of products with a wide range of applications. Moreover, The global plastic recycling market has been gaining a steady momentum over the past few years due to the growing awareness about carbon emissions and the need to reduce them. These are other factors expected to drive the growth of the global plastic recycling market.
However, the lack of awareness for recycled plastic products is the restraint that may hamper the growth of global plastic recycling market.
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Key Players of Global Plastic Recycling Market =>
- List of Companies Covered:
- MBA Polymers, Inc.
- MOL Group
- Plasgran Ltd
- Phoenix Technologies International LLC
- Vikoz Enterprises, Inc.
- Plastic Recycling, Inc.
- Terracycle US, Inc.
- KW Plastics
- DS Smith Plc
- Waste Connections, Inc.
- Custom Polymers, Inc.
- CarbonLITE Industries
- Envision Plastics
- Kuusakoski Group O
- PLASTIPAK INDUSTRIES INC.,
- CarbonLITE Industries
- HUD Group
- IAVGLOBAL Co., LTD.,
- NAM PHONG INDUSTRY
- KW Plastics
- CUSTOM POLYMERS
- MBA Polymers Inc.,
- WELLPINE PLASTIC INDUSTRIAL CO., LTD.
On Basis of Material:
On the basis of material, the global plastic recycling market is segmented into Polyethylene (PE), Polypropylene (PP), Polyethylene Terephthalate (PET), Polystyrene (PS), and others. Due to the growing demand for recycled Polypropylene (PP) plastics, the respective segments are expected to retain dominance in the global market. These types of plastics are predominantly used for various industries including the automotive industry, special devices like living hinges, and textiles. These are some of the factors propelling the market growth.
On Basis of Application:
On the basis of application, the global plastic recycling market is segmented into, Packaging, Automotive, Construction, and Others. Among all, The growing demand for plastics from various industries including construction, Packaging, and pharmaceutical is expected to propel the growth of the recycled plastics market. Rising consciousness for environmental protection among consumers is also adding to the market growth.
On the basis of region, the global plastic recycling market is segmented into North America, Europe, Asia Pacific, and the Middle East and Africa. Among all regions, Asia-Pacific dominates the global plastic recycling market, owing to the availability of cheap labor and relatively lenient governmental regulations in this region ultimately increase the demand for plastic recycling. This region is expected to grow at the fastest pace during the forecast period. In addition, Europe is another important market that is expected to contribute significantly during the forecast period mainly due to rising awareness regarding environmental protection.
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Major Key Points of Global Plastic Recycling Market
Chapter 1 Methodology and Scope
1.1 Research methodology
1.2 Scope of the Report
Chapter 2 Global Plastic Recycling Market – Trends
2.1 Key Trends & Developments
Chapter 3 Global Plastic Recycling Market – Industry Analysis
3.1 Industry Impact Factors (Drivers & Restraints)
3.2 Competitive Intensity- Porter 5 Forces
Chapter 4 Global Plastic Recycling Market – Product Analysis
4.1 By Material
4.1.1 Polyethylene (PE)
4.1.2 Polypropylene (PP)
4.1.3 Polystyrene (PS)
4.1.4 Polyethylene Terephthalate (PET)
4.2 By Application
4.3 By Geography
18.104.22.168 The United Kingdom
4.3.3 North America
22.214.171.124 The USA
4.3.4 South America
Chapter-5 Global Plastic Recycling Market – Competitive Landscape
5.1.1 Market Share Analysis
5.1.2 Key Strategies adopted by Manufacturers
5.1.3 Product Benchmarking
Chapter-6 Global Plastic Recycling Market – Company Profiles
Chapter 7 Global Plastic Recycling Market – Appendix
7.2 List of Tables
7.3 Expert Panel Validation
7.5 Contact Us
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