The latest report by MarkNtel Advisors, titled “Plastic Recycling Market” Size study report 2024-30 provides an in-depth examination of revenue growth, market definition, segmentation, industry potential, and influential trends to help comprehend the market’s future outlook and existing prospects. Plastic Recycling Market Share, Size, and Industry Analysis. By Source (Bottles, Films, Fibers, Foams), By Plastic Type (Polyethylene Terephthalate (PET) , Polyethylene (PE), Polypropylene (PP), Polyvinyl Chloride (PVC), Polystyrene (PS)), By Type (Post-consumer Recyclates, Industrial Recyclates), By Process (Mechanical Recycling, Chemical Recycling), By Application (Packaging, Building & Construction, Textiles, Automotive, Electrical & Electronics), By Region (North America, South America, Europe, The Middle East & Africa, Asia-Pacific). The Global Plastic Recycling Market size is valued at nearly USD 32.9 billion in 2023 & is predicted to reach about USD 59.23 billion by 2030.
Key Highlights of the Market Report:
- Detailed overview of the market share
- Changing market dynamics of the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape of Plastic Recycling Market
- Strategies of key players and product offerings
- Potential and niche segments/regions exhibiting promising market growth
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Global Plastic Recycling Market Challenge:
Lack of Investment to Hinder the Market Expansion – Insufficient investment in plastic recycling infrastructure & technologies represents a critical challenge for the industry, impacting its growth & innovation. Despite the increasing global awareness of the environmental consequences of plastic waste, the allocation of capital to support recycling efforts has not kept pace with the burgeoning demand. This lack of investment hindered the expansion of recycling facilities and the development of cutting-edge technologies necessary to enhance the efficiency & quality of plastic recycling. As a result, the industry faces limitations in its ability to process larger volumes of plastic waste and meet the growing demand for recycled materials.
Plastic Recycling Market Segmentation
By Source
-Bottles- Market Size & Forecast 2019-2030, USD Million
-Films- Market Size & Forecast 2019-2030, USD Million
-Fibers- Market Size & Forecast 2019-2030, USD Million
-Foams- Market Size & Forecast 2019-2030, USD Million
By Plastic Type
-Polyethylene Terephthalate (PET) – Market Size & Forecast 2019-2030, USD Million
-Polyethylene (PE)- Market Size & Forecast 2019-2030, USD Million
-Polypropylene (PP)- Market Size & Forecast 2019-2030, USD Million
-Polyvinyl Chloride (PVC)- Market Size & Forecast 2019-2030, USD Million
-Polystyrene (PS)- Market Size & Forecast 2019-2030, USD Million
By Type
-Post-consumer Recyclates- Market Size & Forecast 2019-2030, USD Million
-Industrial Recyclates- Market Size & Forecast 2019-2030, USD Million
By Process
-Mechanical Recycling – Market Size & Forecast 2019-2030, USD Million
-Chemical Recycling – Market Size & Forecast 2019-2030, USD Million
By Application
-Packaging- Market Size & Forecast 2019-2030, USD Million
-Building & Construction- Market Size & Forecast 2019-2030, USD Million
-Textiles- Market Size & Forecast 2019-2030, USD Million
-Automotive- Market Size & Forecast 2019-2030, USD Million
-Electrical & Electronics- Market Size & Forecast 2019-2030, USD Million
By Region
-North America
-South America
-Europe
-The Middle East & Africa
-Asia-Pacific
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Major Key Players in Plastic Recycling Market research report:
Green Line Polymers
-Business Description
-Type Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
Clear Path Recycling
-Business Description
-Type Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
Custom Polymers
-Business Description
-Type Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
Plastipak Holdings.
-Business Description
-Type Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About MarkNtel Advisors
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