Plastic Recycling Market Research Report - Forecast to 2023
Global Plastic Recycling Market Information by Material (Polyethylene Terephthalate (PET), High-Density Polyethylene (HDPE), Polypropylene (PP), Low-Density Polyethylene (LDPE) and Other), by Recycling Process (Mechanical, and Chemical), Application (Packaging, Construction, Automotive, and Other) and by Region - Forecast to 2023 Global Plastic Recycling Market Information by Material (Polyethylene Terephthalate (PET), High-Density Polyethylene (HDPE), Polypropylene (PP), Low-Density Polyethylene (LDPE) and Other), by Recycling Process (Mechanical, and Chemical), Application (Packaging, Construction, Automotive, and Other) and by Region - Forecast to 2023
Plastic Recycling Market Research Report By Forecast To 2023 Industry Survey, Growth, Competitive Landscape and Forecasts to 2023 PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.)
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<strong>Plastic</strong> <strong>Recycling</strong> <strong>Market</strong> <strong>Research</strong> <strong>Report</strong> By<br />
<strong>Forecast</strong> To <strong>2023</strong><br />
Industry Survey, Growth, Competitive Landscape<br />
and <strong>Forecast</strong>s <strong>to</strong> <strong>2023</strong><br />
PREPARED BY<br />
<strong>Market</strong> <strong>Research</strong> Future<br />
(Part of Wantstats <strong>Research</strong> & Media Pvt. Ltd.)
<strong>Plastic</strong> <strong>Recycling</strong> <strong>Market</strong> <strong>Research</strong> <strong>Report</strong> - <strong>Forecast</strong> <strong>to</strong> <strong>2023</strong><br />
Global <strong>Plastic</strong> <strong>Recycling</strong> <strong>Market</strong> Information by Material (Polyethylene Terephthalate (PET), High-Density<br />
Polyethylene (HDPE), Polypropylene (PP), Low-Density Polyethylene (LDPE) and Other), by <strong>Recycling</strong> Process<br />
(Mechanical, and Chemical), Application (Packaging, Construction, Au<strong>to</strong>motive, and Other) and by Region -<br />
<strong>Forecast</strong> <strong>to</strong> <strong>2023</strong><br />
<strong>Plastic</strong> recycling means reprocessing the scrap or waste plastic material in<strong>to</strong> useful products. <strong>Plastic</strong> is inexpensive,<br />
lightweight and durable materials, which can readily be moulded in<strong>to</strong> a variety of products with a wide range of<br />
applications. The growing demand for plastics from various industries including construction, food and beverage, and<br />
pharmaceutical is expected <strong>to</strong> propel the growth of the recycled plastics market. Rising consciousness for environmental<br />
protection among consumers is also adding <strong>to</strong> the market growth. However, the lack of awareness for recycled plastic<br />
products is the restraint that may hamper the growth of global plastic recycling market.<br />
The global plastic recycling market is projected <strong>to</strong> grow at a CAGR of 6.5% from 2017 <strong>to</strong> <strong>2023</strong>, <strong>to</strong> reach the market size of<br />
USD 53.72 billion by the end of the forecast period.<br />
The report for Global <strong>Plastic</strong> <strong>Recycling</strong> <strong>Market</strong> of <strong>Market</strong> <strong>Research</strong> Future comprises of extensive primary research along<br />
with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders <strong>to</strong><br />
gain the deeper insight of the market and industry performance. The report gives the clear picture of current market<br />
scenario which includes his<strong>to</strong>rical and projected market size in terms of value and volume, technological advancement,<br />
macro economical and governing fac<strong>to</strong>rs in the market. The report provides details information and strategies of the <strong>to</strong>p key<br />
players in the industry. The report also gives a broad study of the different market segments and regions<br />
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<strong>Plastic</strong> <strong>Recycling</strong> <strong>Market</strong> <strong>Forecast</strong> To <strong>2023</strong><br />
<strong>Plastic</strong> <strong>Recycling</strong> <strong>Market</strong>-By Segment<br />
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<strong>Plastic</strong> <strong>Recycling</strong> <strong>Market</strong> <strong>Forecast</strong> To <strong>2023</strong><br />
Regional Analysis<br />
Asia-Pacific dominates the global plastic recycling market followed by Europe. Availability of cheap labor and relatively<br />
lenient governmental regulations in this region ultimately increase the demand of plastic recycling. This region is expected<br />
<strong>to</strong> grow at the fastest pace during the forecast period. Europe is another important market that is expected <strong>to</strong> contribute<br />
significantly during the forecast period mainly due <strong>to</strong> rising awareness regarding environmental protection.<br />
Key Players<br />
The key players of global plastic recycling market are PLASgran Ltd. (U.K.), UltrePET, LLC. (U.S.), Kuusakoski Oy (Finland),<br />
Envision <strong>Plastic</strong>s (U.S.),KW <strong>Plastic</strong>s, Inc.U.S.), Cus<strong>to</strong>m Polymers, Inc. (U.S.), Advanced Environmental <strong>Recycling</strong> Technologies,<br />
Inc. (U.S.), MBA Polymers UK Ltd. (U.K.), CarbonLITE Industries (U.S.), and Green-O-Tech India (India).<br />
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