Plastic Recycling Market Future Growth, Competitive Analysis and Forecast 2027

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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.

Plastic Recycling Market Overview

Envisaged during the envisaged period, Maximize Market Research envisions a noteworthy upsurge in the market. The scrutiny of the Plastic Recycling Market, evaluated by Maximize Market Research, entails a comprehensive exploration of regional intricacies and the competitive landscape.

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Plastic Recycling Market Scope and Methodology

The report adopts a foundation-up methodology to estimate the Plastic Recycling Market's dimensions. Information is sourced from primary and secondary databases, encompassing both qualitative and quantitative analysis. Primary data is acquired via surveys, questionnaires, and interviews with key figures and entrepreneurs in the Plastic Recycling market. The report leverages analytical tools such as SWOT, PESTLE, and Porter's Five Forces Analysis to conduct comprehensive market scrutiny. SWOT analysis facilitates a holistic comprehension of factors influencing business decisions within the market, while PESTLE analysis furnishes insights into growth prospects and risks that influence market efficiency. Overall, the report functions as a valuable resource for investors, stakeholders, and market observers, aiding them in making well-informed judgments within the Plastic Recycling Market arena.

Plastic Recycling Market Regional Insights

The assessment of regional dynamics is conducted to gauge the state of the Plastic Recycling market across nations falling within North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. This market, denoted as Plastic Recycling , is broadly categorized into these delineated regions, facilitating an in-depth comprehension of the market's topography and the ever-evolving forces within each specific geographical domain.

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Plastic Recycling Market Segmentation

For use in textile applications, polyethylene terephthalate (PET) is mostly recycled into PET yarns and fibres. Nevertheless, the majority of plastics are used to make building materials like floor and roof tiles, plastic timber, and furniture for landscaping. Containers made of post-consumer polyethylene terephthalate, or PETE, are arranged according to colour. The flakes are further cleaned and washed by PET recyclers. The clean flake is reprocessed, dried, melted, and made into master batches, bottles, sheets, straps, monofilaments, injection-molded goods, polyester staple fibres, and partially oriented yarns, among other useful products. Polyester fibres are produced in large quantities using rPET.

Segments Covered:

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


by Recycling

Method Thermal decomposition
Heat compression
Distributed recycling
Pyrolysis
Others


by End-Use

Packaging
Building Construction
Textiles
Automotive
Electrical Electronics
Others

 

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Plastic Recycling Market 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
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

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Key questions answered in the Plastic Recycling Market are:

  • What is Plastic Recycling ?
  • What was the Plastic Recycling market size in 2022?
  • What are the different segments of the Plastic Recycling Market?
  • What growth strategies are the players considering to increase their presence in Plastic Recycling ?
  • What are the upcoming industry applications and trends for the Plastic Recycling Market?
  • What are the recent industry trends that can be implemented to generate additional revenue streams for the Plastic Recycling Market?
  • What major challenges could the Plastic Recycling Market face in the future?
  • What segments are covered in the Plastic Recycling Market?
  • Who are the leading companies and what are their portfolios in Plastic Recycling Market?
  • What segments are covered in the Plastic Recycling Market?
  • Who are the key players in the Plastic Recycling market?

 Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2022)
  • Past Pricing and price curve by region (2018 to 2022)
  • Market Size, Share, Size Forecast by different segment | 2023−2029
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
  • Market Segmentation – A detailed analysis by segment with their sub-segments and Region
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis
  • Legal Aspects of Business by Region
  • Lucrative business opportunities with SWOT analysis
  • Recommendations

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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