Plastics Recycling and Reprocessing Market 2019 Global Analysis, Opportunities and Forecast to 2025

Sep 4, 2019

Plastics Recycling and Reprocessing Market –Market Demand, Growth, Opportunities, Analysis of Top Key Players and Forecast to 2025

Pune, India - September 4, 2019 /MarketersMedia/ —

Global Plastic Recycling Market 2019-2025

Wiseguyreports.Com adds “Plastics Recycling and Reprocessing Market 2019 Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast to 2025” To Its Research Database.

Market Overview:

Being a complex issue, the market for global Plastics Recycling and Reprocessing is highly fragmented. There has been no real solution proven to effectively repurpose plastic waste that is sustainable and environmentally responsible. Globally, there have been massive developments in creating multiple uses of plastic waste. Today, recycled plastics can be used in various fields, like Packaging, Consumer Goods, Construction, Textile Fibre / Clothing, Landscaping / Street Furniture, etc.

And the rising demand for recycled products promises larger opportunities for this market. the global plastic recycling market will register a promising 6.9% CAGR over the period between 2016 and 2024, rising from a valuation of US$31.5 bn in 2015 to a revenue opportunity of US$56.8 bn by 2024. And Textile fibre / clothing is the largest application of recycled plastics with a market share of 30.81% in 2017, since nearly 80% of RPET is used to produce fibre.

The Leading key players covered in this study 
PLASgran 
Centriforce 
Jayplas 
Acrison 
EA Recycling 
Avanti Environmental 
Moores Recycling 
Adirondack Plastics & Recycling

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Market Segmentation

Broadly the market is segmented by Product Type and Applications. The market split by product type include PVC, PP, PE, PU, ABS, PA, POM and others. The market segmentation by application comprise of Packaging, Construction, Automotive, Chemical Industry and others. Packaging, as a segment is expected to serve an increased demand for recycled plastic owing to the thriving expansion of the packaging industry and the several mandates compelling the industry to adopt ways to cut-down on its carbon footprint through more sustainable and environment-friendly processes and

Additionally, the market split by Recycled Plastic Resins include Polyethylene Terephthalate, High Density Polyethylene, Low Density Polyethylene, Polypropylene, Nylon, Polystyrene and other Resins. The various stakeholders that form the product value chain include manufacturers, suppliers, distributors, intermediaries, and customers.

 In this study, 2018 has been considered as the base year and 2019 to 2024 as the forecast period to estimate the market size for Plastics Recycling and Reprocessing.  The report provides the details about industry overview, industry chain, market size (sales, revenue, and growth rate), gross margin, major manufacturers, development trends and forecast.

Regional Analysis

Geographically, this report is segmented into several key regions with respect to sales, revenue, market share and growth Rate of Plastic Recycling in these regions during the forecast period covering
North America (United States, Canada and Mexico), Europe (Germany, UK, France, Italy, Russia and Turkey etc.), Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam), South America (Brazil etc.) and Middle East and Africa (Egypt and GCC Countries).

Asia Pacific holds a promising share and expected to dominate this market owing to higher imports of plastic waste in these countries. China, on the other hand, is also expected to contribute to nearly 50% of the global market alone by the end of the forecast period. The European market is also likely to record a promising pace of expansion over the forecast period. Some of the leading companies in the global Plastics Recycling and Reprocessing market are Viridor, PLASgran, Centriforce, Jayplas,
Acrison, EA Recycling, Avanti Environmental, Moores Recycling, Adirondack Plastics & Recycling.

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Complete Report Details@  https://www.wiseguyreports.com/reports/4337868-global-plastics-recycling-and-reprocessing-market-professional-survey

Industry Trends

The vendor landscape of the global plastic recycling market is highly fragmented and features a large number of small and unstructured players in the largely unorganized market in several underdeveloped and emerging economies worldwide.

Continued….

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Source URL: https://marketersmedia.com/plastics-recycling-and-reprocessing-market-2019-global-analysis-opportunities-and-forecast-to-2025/88915421

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