Recyclable Plastics Market

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Recyclable Plastics Market To Reach USD 62.10
Billion By 2026
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Market Summary
Increased concern about plastic pollution,
enhancement in the recycling process, and
increased demand for plastics have resulted in
boosting Recyclable plastics market. Market
Size USD 39.51 Billion in 2018, Market Growth -
CAGR of 5.8, Market Trends Expansion of the
packaging industry The Global Recyclable
plastics market is forecast to reach USD 62.10
Billion by 2026, according to a new report by
Reports and Data. Increasing awareness about the
adverse impact of plastic pollution on
environmental stability is on a constant rise.
The rise in awareness about its harmful effect
has been the result of experiencing the real-life
complications associated with plastic pollution
along with government initiatives. Such increased
awareness about plastic pollution has acted as a
significant driving force for the growth of the
market. Apart from that, an increased number of
research on enhancing recycling technologies and
rise in social enterprises that are dealing with
the issue of plastic pollution like UrbanR
Recycle positively impacts the growth of the
sector.
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Our Approach
Market Summary

• There has been a rise in demand for plastic in
  various regions like China being one of the
  leading nations. However, in these regions, the
  need for plastics is comparatively high in
  proportion to the plastic raw materials required
  to cater to this demand of these countries. Such
  disparity between increased demand and low supply
  of plastic raw materials bolsters the growth of
  the sector. Expansion of this sector can be
  established with the fact that till 2015, only
  0.5 Billion tons i.e., only 6 of the total
  plastic produced was recycled. However, within
  only three years, i.e., by 2018, 1.3 Billion tons
  of the total produced plastic was recycled.
• In context to region, Asia Pacific can be seen to
  be leading the market. In this region, continuous
  development in the manufacturing sector,
  increased availability of labor, shortage of
  plastic raw materials have contributed to the
  regions market dominance.
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Our Approach
Market Summary

• Key participants include Avangard Innovative, B.
  Schoenberg Co., Inc. Delta Plastics, UltrePET
  LLC, CarbonLITE Industries, Veolia, Suez
  Recycling Recovery Holdings, KW Plastics, Clear
  Path Recycling, Jayplas.
• For the purpose of this report, Reports and Data
  have segmented the global Recyclable plastics
  market according to Type, Source, Recycling
  processes, End-Use Industry, and Region
• Type Outlook (Volume, Kilo Tons Revenue, USD
  Billion 2016-2026)
• Polyethylene (PE)
• Polyethylene Terephthalate (PET)
• High-Density Polyethylene (HDPE)
• Low-Density Polyethylene (LDPE)
• Polypropylene (PP)
• Polystyrene (PS)
• Polyvinyl Chloride (PVC)
• Others
• Source type Outlook (Volume, Kilo Tons Revenue,
  USD Billion 2016-2026)
• Films
• Bottles
• Foams
• Fibers
• Others

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Our Approach
Market Summary

• Recycling processes Type Outlook (Volume, Kilo
  Tons Revenue, USD Billion 2016-2026)
• Chemical recycling
• Mechanical recycling
• End-Use Industry Type Outlook (Volume, Kilo Tons
  Revenue, USD Billion 2016-2026)
• Building Construction
• Packaging
• Automotive
• Electrical Electronics
• Textiles
• Others
• Regional Outlook (Volume, Kilo Tons Revenue, USD
  Billion 2016-2026)
• North America
• Europe
• Asia Pacific
• MEA
• Latin America
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About Us
Our Approach
About Us

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