Recycled Plastics Market Size Worth US$ 62.7 billion by 2026
Recycled Plastics Market Worth USD
62.7 billion by 2026
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Recycled Plastics
Market Overview
The Recycled Plastics market also referred as Plastic
Recycling Market is projected to grow at a CAGR of
5.2% to reach USD 62.7 billion by 2026 from 44
billion in 2019. The recycling of plastic involves various
stages such as sorting, washing, shredding, identification,
and classification of plastic, and extruding.
The market is growing due to an increasing preference
for recycled plastics over virgin plastics on account of
environmental concerns resulting from pollution caused
by the disposal of plastic waste in oceans and landfill
sites. Other factors favoring the growth of this market
include increasing usage of recycled plastics in
applications like packaging, automotive, and the
electrical & electronics industry.
Segmentation of the Report
Recycled Plastics Market by Source
• Bottles
• Films
• Fibres
• Foams
Recycled Plastics Market by Type of Material
• Polyethylene Terephthalate (PET)
• High-Density Polyethylene (HDPE)
• Low-Density Polyethylene (LDPE)
• Polypropylene (PP)
• Polyethylene
• Polyvinyl Chloride
• Polystyrene
• Others
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A new study on the global Recycled Plastics market has been
published by Research CMFE. It offers detailed information
on key market dynamics, including drivers, trends, and
challenges for the global Recycled Plastics market as well as
Recycled its structure. The study offers valuable information on the global Recycled Plastics market to illustrate how the market
Plastics is expected to expand during the forecast period i.e. 2020–
Market 2026.
Summery Key indicators of market growth, which include value chain analysis and Compound Annual Growth Rate (CAGR) have
been elucidated in the Recycled Plastics market report in a
comprehensive manner. This data can help readers interpret
the quantitative growth aspects of the global Recycled
Plastics Market.
Recycled Plastics Market: Key Vendors
Major Players in Recycled Plastics Market are:
1.CarbonLITE Industries
2.Seraphim Plastics
3.MBA Polymers Inc
4.Kuusakoski Group Oy
5.Envision Plastics
6.Custom Polymers, Inc.
7.Plastic Recycling Inc.
8.UltrePET, LLC
9.KW Plastics, Inc.
10.Green-O-Tech India
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Major Regions Covered in Report
Regional Overview & Analysis of Recycled Plastics Market:
North America (US and Canada)
Europe (UK, Germany, France and Rest of Europe)
Asia Pacific (China, Japan, India and Rest of Asia Pacific)
Latin America (Brazil, Mexico and Rest of Latin America)
Middle East & Africa (GCC and Rest of Middle East & Africa)
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Highlights of Recycled Plastics Market Report
Overview of key market forces boosting and restraining market growth
Up-to-date analyses of market trends and technological improvements
Pin-point analyses of market competition to offer you a competitive edge
Major competitors strategies analysis
SWOT analysis of major industry segments
Detailed analyses of Recycled Plastics market trends
An appropriately defined technological growth map with Covid19 impact analysis
A clear understanding of the competitive landscape and key product segments
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