The plastic recycling market is anticipated to grow in the forecast period owing to driving factors such as the negative impact of plastics disposal on the environment and growing awareness regarding energy savings. Further, increased use of recycled plastics in packaging, electrical & electronics and automotive industries significantly contribute to the plastic recycling market growth. However, the plastic recycling market is facing stringent completion from virgin plastics market, thereby, hampering the market growth. On the other hand, favorable policies promoting recycled plastics in developed countries and increased use of such plastics in the textile industry in the developing countries represent significant growth opportunities for the market players during the forecast period.

The “Global Plastic Recycling Market Analysis to 2027” is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of plastic recycling market with detailed market segmentation by source, type, end use industry and geography. The global plastic recycling market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading plastic recycling market players and offers key trends and opportunities in the market.

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MARKET SEGMENTATION

• Based on source, the market is segmented as bottles, films, fibers, foams and others.
• On the basis of type, the market is segmented as polyethylene terephthalate, polyethylene, polypropylene, polyvinyl chloride, polystyrene and others.
• On the basis of the end use industry is classified as packaging, building and construction, textile, automotive, electrical & electronics and others.

MARKET PLAYERS

• Clear Path Recycling, LLC
• CUSTOM POLYMERS
• Green Line Polymers
• Imerys
• J&A Young (Leicester) Ltd.
• MBA Polymers Inc.
• PLASgran Ltd.
• Plastipak Holdings, Inc.
• ULTRA-POLY
• Veolia Group

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global plastic recycling market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely;

• North America,
• Europe,
• Asia-Pacific (APAC),
• Middle East and Africa (MEA)
• South & Central America

The plastic recycling market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting plastic recycling market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors affecting the plastic recycling market in these regions.

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Tags: Global Plastic Recycling Market, Plastic Recycling Market, Plastic Recycling Market Growth