The global Plastic Recycling market was valued at 254.68 Million USD in 2021 and will grow with a CAGR of 6.39% from 2021 to 2027, based on newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Recycled plastics are the plastics that made from post-consumer or post-industrial plastics instead of the virgin resin. The process of recycling used plastic from consumable products is an efficient means to reprocess the material into useful products. Many different products make great sources of recyclable material, including: soda bottles, plastic packaging, sheets and pellets. Recycled plastic is used to make many different types of products. The type of product that is made out of recycled plastic depends on the type of plastic resin. There are several different types of plastic resin used to make different products, such as PET, PP, HDPE and LDPE.Recycled plastics can be used in various fields, like Packaging, Consumer Goods, Construction, Textile Fiber / Clothing, Landscaping / Street Furniture, etc. Textile fiber / clothing is the largest application of recycled plastics with market share of 30.81% in 2017, since nearly 80% of RPET is used to produce fiber. The market of recycled plastic is highly fragmented with a tail of manufacturers. As the largest production area of recycled plastics, there are more than 3000 companies supply recycled plastics. The market concentration in developed areas is higher comparatively. Leading suppliers in the worldwide are Clear Path Recycling, Clean Tech Incorporated, Mohawk Industries Incorporated, CarbonLite Industries, Envision Plastics Industries, Advanced Environmental Recycling Technologies Incorporated, Greentech and Veolia Polymers, which takes a combined share of less than 5% in 2017.
By Market Verdors:
- Clear Path Recycling
- Clean Tech Incorporated
- Mohawk Industries Incorporated
- CarbonLite Industries
- Envision Plastics Industries
- Advanced Environmental Recycling Technologies Incorporated
- Evergreen Plastics
- Phoenix Technologies
- Verdeco Recycling
- Custom Polymers
- KW plastics
- Veolia Polymers
- Hahn Plastics
- APR2 Plast
- Kyoei Industry
- Wellpine Plastic Industical
- Fuqing Topway Plastics Industrial
- Suzhou Jiulong Recy & Tech
- Longfu Recycling Energy Scientech
- Packaging & Consumer Goods
- Textile Fiber / Clothing
- Landscaping/Street Furniture
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
Key Reasons to Purchase
To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.
Assess the production processes, major issues, and solutions to mitigate the development risk.
To understand the most affecting driving and restraining forces in the market and its impact in the global market.
Learn about the market strategies that are being adopted by leading respective organizations.
To understand the future outlook and prospects for the market.
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Table of content
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Plastic Recycling Revenue
1.4 Market Analysis by Type
1.4.1 Global Plastic Recycling Market Size Growth Rate by Type: 2021 VS 2027
1.5 Market by Application
1.5.1 Global Plastic Recycling Market Share by Application: 2022-2027
1.5.2 Packaging & Consumer Goods
1.5.4 Textile Fiber / Clothing
1.5.5 Landscaping/Street Furniture
1.6 Study Objectives
1.7 Years Considered
1.8 Overview of Global Plastic Recycling Market
1.8.1 Global Plastic Recycling Market Status and Outlook (2016-2027)
1.8.2 North America
1.8.3 East Asia
1.8.5 South Asia
1.8.6 Southeast Asia
1.8.7 Middle East
1.8.10 South America
1.8.11 Rest of the World
2 Market Competition by Manufacturers
2.1 Global Plastic Recycling Production Capacity Market Share by Manufacturers (2016-2021)
2.2 Global Plastic Recycling Revenue Market Share by Manufacturers (2016-2021)
2.3 Global Plastic Recycling Average Price by Manufacturers (2016-2021)
2.4 Manufacturers Plastic Recycling Production Sites, Area Served, Product Type
3 Sales by Region
3.1 Global Plastic Recycling Sales Volume Market Share by Region (2016-2021)
3.2 Global Plastic Recycling Sales Revenue Market Share by Region (2016-2021)
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