Global Plastic Recycling Market Analysis, Application & Forecast to 2025Posted by Sonika on December 12th, 2020 Global Plastic Recycling Market is projected to grow from an estimated $ 85 billion in 2020 to $ 110 billion by 2025. The global plastic recycling market is driven by rising inclination towards recycled plastics over virgin plastics because of high pollution caused by the plastics when disposed in oceans or other water bodies. In addition to this, energy saving benefits during the production of recycled plastics are positively impacting the market growth. Furthermore, ongoing research activities in order to find an effective method of recycling plastic waste all around the world is expected to bolster the growth of market over the next few years. The global plastic recycling market is segmented based on type, source, method, end user, company and region. In terms of type, the plastic recycling market is categorized into polyethylene terephthalate, polyethylene, polypropylene, polyvinyl chloride, polystyrene and others. On account of easy and cost-efficient recycling process of polyethylene, the polyethylene category accounts for the largest market share among all the types of plastics. Request a free sample copy Plastic Recycling Market Report @ In terms of end-use industry, the plastic recycling industry is categorized into packaging, building & construction, textile, automotive, electrical & electronics and others. Out of these, the packaging industry was the largest among all the end-use industries in the global market for plastic recycling as the recycled plastics are being widely used in the food and beverage packaging owing to growing technological advancements. Major players operating in the plastic recycling market include Veolia Group, Suez SA, Republic Services Inc., Waste Connections Inc., B&J Parr, KW Plastics, BASF SE, Borealis AG, B. Schoenberg & Co., Clear Path Recycling LLC, Dupoint Teijin Films, Custom Polymers Inc. and others. Years considered for this report: Objective of the Study: Our Research performed both primary as well as exhaustive secondary research for this study. Initially, Our Research sourced a list of plastic recycling players across the globe. Subsequently, Our Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Our Research could include the manufacturers which could not be identified due to the limitations of secondary research. Our Research analyzed the manufacturers and presence of all major players across the globe. Our Research calculated the market size of global plastic recycling market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. Our Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by Our Research. Key Target Audience: The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities. Report Scope: Competitive Landscape Browse our full report with Table of Content : https://www.bharatbook.com/marketreports/global-plastic-recycling-market-by-type-polyethylene-terephthalate-pet-polyethylene-pe-polypropylene-pp-polyv/2256988 About Bharat Book Bureau: Contact us at: Like it? Share it!More by this author |