Global Plastic Recycling Market Research Report 2023(Status and Outlook)

Global Plastic Recycling Market Research Report 2023(Status and Outlook)

Report Overview

Recycled plastics are the plastics that made from post-consumer or post-industrial plastics instead of the virgin resin. The process of recycling used plastic from consumable products is an efficient means to reprocess the material into useful products. Many different products make great sources of recyclable material, including: soda bottles, plastic packaging, sheets and pellets. Recycled plastic is used to make many different types of products. The type of product that is made out of recycled plastic depends on the type of plastic resin. There are several different types of plastic resin used to make different products, such as PET, PP, HDPE and LDPE.

Global Plastic Recycling key players include Clear Path Recycling, Clean Tech Incorporated, Longfu Recycling Energy Scientech, etc. Global top three manufacturers hold a share about 0.8%.

China is the largest market, with a share over 40%, followed by North America and Europe, both have a share about 35 percent.

In terms of product, HDPE is the largest segment, with a share about 35%. And in terms of application, the largest application is Packaging & Consumer Goods, followed by Construction, Textile Fiber / Clothing, Landscaping/Street Furniture, etc.

The Global Plastic Recycling Market Size was estimated at USD 31340.00 million in 2022 and is projected to reach USD 44098.53 million by 2029, exhibiting a CAGR of 5.00% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Plastic Recycling market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Plastic Recycling Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Plastic Recycling market in any manner.

Global Plastic Recycling Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Clear Path Recycling

Clean Tech Incorporated

Mohawk Industries Incorporated

CarbonLite Industries

Envision Plastics Industries

Advanced Environmental Recycling Technologies Incorporated

Evergreen Plastics

PolyQuest

Phoenix Technologies

Verdeco Recycling

Custom Polymers

KW Plastics

Extrupet

Greentech

Veolia Polymers

Hahn Plastics

PLASgran

APR2 Plast

Luxus

Viridor

Centriforce

Visy

Kyoei Industry

Wellpine Plastic Industical

Fuqing Topway Plastics Industrial

Intco

Suzhou Jiulong Recy & Tech

龙福创能

Market Segmentation (by Type)

PET

PP

HDPE

LDPE

Others

Market Segmentation (by Application)

OEM

Aftermarket

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Plastic Recycling Market

Overview of the regional outlook of the Plastic Recycling Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors