Recycling plastic has become an important part of increasing awareness about the environment. As most plastic is non-biodegradable in nature, it is necessary to recycle plastic and reuse them. Increasing emphasis on manufacturing materials and methods associated with recycled plastics is also favoring the market growth
Recycled Plastics Market: Ready To Fly on high Growth Trends up to 2028
Recycled Plastics Market Global Analysis and
Forecast to 2028
Published Date : May 2022
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Report Studies
Recycled Plastics Market Forecast to 2028 - COVID-19 Impact and Global Analysis
By Type (Polyethylene Terephthalate, Polyvinyl Chloride, Polyethylene, Polystyrene,
and Others), Source (Plastic Bottles, Plastic Films, Plastic Foams, Plastic Fibers, and
Others), and Application (Packaging, Textile, Automotive, Building and
Construction, Electrical and Electronics, and Others)
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Recycled Plastics Market
Overview
The recycled plastics market is projected to reach US$ 4001.37 million by 2028 from US$
2682.21 million in 2022; it is expected to grow at a CAGR of 6.9% from 2022 to 2028.
Recycling plastic has become an important part of increasing awareness about the
environment. As most plastic is non-biodegradable in nature, it is necessary to recycle plastic
and reuse them.
Increasing emphasis on manufacturing materials and methods associated with recycled
plastics is also favoring the market growth.
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Key Segment Market
Segment By Type:-
By Type (Polyethylene Terephthalate, Polyvinyl Chloride, Polyethylene, Polystyrene, and
Others)
Application (Packaging, Textile, Automotive, Building and Construction, Electrical and
Electronics, and Others)
Source (Plastic Bottles, Plastic Films, Plastic Foams, Plastic Fibers, and Others)
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e
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$50,000
Recycled Plastics
$40,000
Market Value
$30,000
CAGR of 6.9%
$20,000
(2022 - 2028)
$10,000
$0
20XX 20XX 20XX 20XX 20XX
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Company Profiles
REMONDIS SE & Co.KG
Biffa
Stericycle, Inc.
Veolia
Jayplas
Alpek S.A.B. De C.V.
Republic Services, Inc.
B & B Plastics Inc.
Clear Path Recycling
PLASTIPAK HOLDINGS, INC.
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e
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By Geography
North America (the US, Canada, and Mexico)
Europe (the UK, Germany, France, Italy, Spain, and the Rest of Europe)
Asia Pacific (China, Japan, India, Australia, South Korea, and the Rest of Asia Pacific)
Middle East & Africa (the UAE, Saudi Arabia, South Africa, and the Rest of Middle East &
Africa)
South & Central America (Brazil, Argentina, and the Rest of South & Central America).
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