According to Stratistics MRC, the Global Recycled Plastics Market is accounted for $26.77 billion in 2021 and is expected to reach $52.83 billion by 2028 growing at a CAGR of 10.2% during the forecast period.
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The plastic recycling refers to the process of collecting and re-using different types of plastic wastes. Before recycling takes place, the waste and scrap undergo a series of five different stages which include sorting, washing, shredding, identification and classification of plastic, and extruding. Products manufactured from plastics are usually non-biodegradable in nature and can lead to various environmental concerns. Hence, recycling plastic helps to reduce the amount of waste disposed of at landfill sites, thereby lowering the amount of greenhouse gas emissions released from landfills.
Some of the key players profiled in the Recycled Plastics Market include Alpek, B&B Plastics, B. Schoenberg & Co, Biffa, Clear Path Recycling, Custom Polymers, Indorama Ventures Public Ltd, Jayplas, KW Plastics, MBA Polymers, Plastipak Holdings, Remondis SE & Co. KG, Republic Services, Suez, and Veolia.
Sources Covered:
• Bottles
• Fibers
• Films
• Foams
Products Covered:
• Polyethylene Terephthalate (PET)
• Polyethylene (PE)
• Polyvinyl Chloride (PVC)
• Polypropylene (PP)
• Polystyrene (PS)
• Polyamides
Recycling Processes Covered:
• Mechanical
• Chemical
End Users Covered:
• Automotive
• Building & Construction
• Electrical & Electronics
• Packaging
• Textile
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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