APAC Recycled Plastic Market - Industry Trends and Forecast to 2030
Asia-Pacific recycled plastic market is expected to reach USD 15,759,534.72 thousand by 2030 from USD 10,806,987.73 thousand in 2022, growing at a CAGR of 4.9% during the forecast period of 2023 to 2030.
Market Segmentation: Asia-Pacific Recycled Plastic Market, By Source (Bottles, Films, fibers, Foams, and Others), Polymer Type (Polyethylene Terephthalate (PET), High-Density Polyethylene (HDPE), Low-Density Polyethylene (LDPE), Polypropylene, Polyvinyl Chloride (PVC), Polystyrene (PS), Polyurethane (PUR), and Others), Industry (Packaging, Building and Construction, Automotive, Electrical and Electronics, Furniture, Textile and Clothing, Aerospace and Defence, and Others), Country (China, India, Japan, South Korea, Taiwan, Australia & New Zealand, Malaysia, Philippines, Indonesia, Hong Kong, Singapore, Thailand, Rest of Asia-Pacific) - Industry Trends and Forecast To 2030.
Overview of Asia-Pacific recycled plastic Market Dynamics:
Driver
• Rising demand for sustainable packaging
Restraint
• Ineffective plastic waste segregation and disposal
Opportunity
• Advancements in plastic recycling technologies
Market Players:
The key players operating in the Asia-Pacific recycled plastic market are: • Veolia • LyondellBasell Industries Holdings B.V. • Indorama Ventures Public Company Limited • Dow • Repsol • Far Eastern New Century Corporation • Borealis AG • PLASTIPAK HOLDINGS, INC. • Ultra-Poly Corporation • CUSTOM POLYMERS • K K Asia (HK) Ltd. • MBA Polymers Inc.
1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition
1.3 Overview
1.4 Limitations
1.5 Markets Covered
2 Market Segmentation
2.1 Markets Covered
2.2 Geographical Scope
2.3 Years Considered For The Study
2.4 Currency And Pricing
2.5 Dbmr Tripod Data Validation Model
2.6 Product Life Line Curve
2.7 Multivariate Modeling
2.8 Primary Interviews With Key Opinion Leaders
2.9 Dbmr Market Position Grid
2.10 Market Industry Coverage Grid
2.11 Dbmr Market Challenge Matrix
2.12 Dbmr Vendor Share Analysis
2.13 Secondary Sources
2.14 Assumptions
3 Executive Summary
4 Premium Insights
4.1 Porter’s Five Forces
4.1.1 Threat Of New Entrants
4.1.2 Threat Of Substitutes
4.1.3 Customer Bargaining Power
4.1.4 Supplier Bargaining Power
4.1.5 Internal Competition (Rivalry)
4.2 Pestle Analysis
4.2.1 Political Factors:
4.2.2 Economic Factors:
4.2.3 Social Factors:
4.2.4 Technological Factors:
4.2.5 Legal Factors:
4.2.6 Environmental Factors:
4.3 Import Export Scenario
4.4 Price Trend Analysis
4.5 Production Consumption Analysis
4.6 Supply Chain Analysis
4.6.1 Overview
4.6.2 Logistic Cost Scenario
4.6.3 Importance Of Logistics Service Providers
4.7 Climate Change Scenario
4.7.1 Environmental Concerns
4.7.2 Industry Response
4.7.3 Government’s Role
4.7.4 Analyst Recommendation
4.8 List Of Buyers
4.9 Raw Material Production Coverage
4.10 Technological Advancements By Manufacturers
4.11 Vendor Selection Criteria
5 Regulation Coverage
6 Market Overview
6.1 Drivers
6.1.1 Rising Demand For Sustainable Packaging
6.1.2 Implementation Of Supportive Initiatives By Various Governments Regarding Recyclable Plastic
6.1.3 Incorporation Of Recycled Plastics In The Textile And Apparel Sector
6.2 Restraints
6.2.1 Ineffective Plastic Waste Segregation And Disposal
6.2.2 Concerns Regarding The Accessibility And Quality Of Recycled Plastics
6.2.3 Credible Substitute Threat From Conventional Plastics
6.3 Opportunities
6.3.1 Advancements In Plastic Recycling Technologies
6.3.2 Shift Toward Circular Economy
6.3.3 Collaboration And Partnership Between Recyclers And End-user Product Manufacturers
6.4 Challenges
6.4.1 High Cost Associated With Recycled Plastics Production
6.4.2 Inadequate Collection And Treatment Of Potentially Recyclable Plastic Materials
7 Asia Pacific Recycled Plastic Market, By Region
7.1 Asia-pacific
7.1.1 China
7.1.2 India
7.1.3 Japan
7.1.4 South Korea
7.1.5 Taiwan
7.1.6 Australia & New Zealand
7.1.7 Malaysia
7.1.8 Philippines
7.1.9 Indonesia
7.1.10 Hong Kong
7.1.11 Singapore
7.1.12 Thailand
7.1.13 Rest Of Asia-pacific
8 Asia Pacific Recycled Plastic Market: Company Landscape
Table 137 Philippines Packaging In Recycled Plastic Market, By End-use, 2021-2030 (Usd Thousand)
Table 138 Philippines Packaging In Recycled Plastic Market, By Polymer Type, 2021-2030 (Usd Thousand)
Table 139 Philippines Building & Construction In Recycled Plastic Market, By End-use, 2021-2030 (Usd Thousand)
Table 140 Philippines Building & Construction In Recycled Plastic Market, By Polymer Type, 2021-2030 (Usd Thousand)
Table 141 Philippines Automotive In Recycled Plastic Market, By End-use, 2021-2030 (Usd Thousand)
Table 142 Philippines Automotive In Recycled Plastic Market, By Polymer Type, 2021-2030 (Usd Thousand)
Table 143 Philippines Electrical And Electronics In Recycled Plastic Market, By Polymer Type, 2021-2030 (Usd Thousand)
Table 144 Philippines Furniture In Recycled Plastic Market, By Polymer Type, 2021-2030 (Usd Thousand)
Table 145 Philippines Textile And Clothing In Recycled Plastic Market, By Polymer Type, 2021-2030 (Usd Thousand)
Table 146 Philippines Aerospace And Defence In Recycled Plastic Market, By Polymer Type, 2021-2030 (Usd Thousand)
Table 147 Philippines Others In Recycled Plastic Market, By Polymer Type, 2021-2030 (Usd Thousand)
Table 148 Indonesia Recycled Plastic Market, By Source, 2021-2030 (Usd Thousand)
Table 149 Indonesia Recycled Plastic Market, By Polymer Type, 2021-2030 (Usd Thousand)
List Of Figures
Figure 1 Asia Pacific Recycled Plastic Market
Figure 2 Asia Pacific Recycled Plastic Market: Data Triangulation
Figure 3 Asia Pacific Recycled Plastic Market: Droc Analysis
Figure 4 Asia Pacific Recycled Plastic Market: Asia Pacific Vs Regional Market Analysis
Figure 5 Asia Pacific Recycled Plastic Market: Company Research Analysis
Figure 6 Asia Pacific Recycled Plastic Market: The Product Life Line Curve
Figure 7 Asia Pacific Recycled Plastic Market: Multivariate Modelling
Figure 8 Asia Pacific Recycled Plastic Market: Interview Demographics
Figure 9 Asia Pacific Recycled Plastic Market: Dbmr Market Position Grid
Figure 10 Asia Pacific Recycled Plastic Market: Market Industry Coverage Grid
Figure 11 Asia Pacific Recycled Plastic Market: The Market Challenge Matrix
Figure 12 Asia Pacific Recycled Plastic Market: Vendor Share Analysis
Figure 13 Asia Pacific Recycled Plastic Market: Segmentation
Figure 14 Implementation Of Supportive Initiatives By Various Governments Regarding Recyclable Plastic To Drive The Growth Of The Asia Pacific Recycled Plastic Market In The Forecast Period
Figure 15 The Bottles Segment Is Expected To Account For The Largest Share Of The Asia Pacific Recycled Plastic Market In 2023 And 2030
Figure 16 Import Export Scenario (Usd Thousand)
Figure 17 Vendor Selection Criteria
Figure 18 Drivers, Restraints, Opportunities, And Challenges Of Asia Pacific Recycled Plastic Market
Figure 19 Expected Rise In Demand For Pcr Plastic Packaging (2021 & 2026)