Global Hyperspectral Imaging for Plastic Recycling Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Hyperspectral Imaging for Plastic Recycling Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Hyperspectral Imaging for Plastic Recycling market size was valued at USD million in 2023 and is forecast to a readjusted size of USD million by 2030 with a CAGR of % during review period.

Hyperspectral Imaging system to identify and classify mixed plastic waste. The samples

including polyethylene terephthalate bottle (PET BOTTLE), polyethylene terephthalate sheet

(PET SHEET), polyethylene terephthalate glycol (PET G), polyvinyl chloride (PVC), and

polycarbonates (PC). PET is normally used for drink bottles, PVC for the construction of pipes,

and PC for electronic components.

Plastic waste has in recent years become one of the world’s biggest environmental concerns.

due to its wide and versatile use. More than 300 million tons of plastics is produced globally

every year while as much as half of this isthrown away. In Europe, plastic waste that can enter

the circular economy only accounts for 30%. This is because conventional recycling is

struggling with the increasing amounts and complexity of plastic waste.

To reduce landfill or litter of plastics, there is an urgent need to develop innovative techniques

to increase the recycling efficiency and lower the cost. One important aspect is to sort the

different plastic types prior to re-melting as recycling of mixed plastics result in reduced

quality limiting its applicability, but also the number of times it can be reused. Hyperspectral

imaging has exhibited great potential in solving this problem in a time- and cost-efficient way.

The Global Info Research report includes an overview of the development of the Hyperspectral Imaging for Plastic Recycling industry chain, the market status of PET (Visible + Near Infrared Light, Short-Wavelength Infrared), PVC (Visible + Near Infrared Light, Short-Wavelength Infrared), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Hyperspectral Imaging for Plastic Recycling.

Regionally, the report analyzes the Hyperspectral Imaging for Plastic Recycling markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Hyperspectral Imaging for Plastic Recycling market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Hyperspectral Imaging for Plastic Recycling market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Hyperspectral Imaging for Plastic Recycling industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Visible + Near Infrared Light, Short-Wavelength Infrared).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Hyperspectral Imaging for Plastic Recycling market.

Regional Analysis: The report involves examining the Hyperspectral Imaging for Plastic Recycling market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Hyperspectral Imaging for Plastic Recycling market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Hyperspectral Imaging for Plastic Recycling:

Company Analysis: Report covers individual Hyperspectral Imaging for Plastic Recycling manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Hyperspectral Imaging for Plastic Recycling This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (PET, PVC).

Technology Analysis: Report covers specific technologies relevant to Hyperspectral Imaging for Plastic Recycling. It assesses the current state, advancements, and potential future developments in Hyperspectral Imaging for Plastic Recycling areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Hyperspectral Imaging for Plastic Recycling market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Hyperspectral Imaging for Plastic Recycling market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
Visible + Near Infrared Light
Short-Wavelength Infrared
Others

Market segment by Application
PET
PVC
PA
HDPE
PP
Others

Major players covered
Headwall Photonics
Resonon
IMEC
EVK DI Kerschhaggl
Cubert
Galileo
Specim
Gooch & Housego
Surface Optics
Norsk Elektro Optikk A/S
Wayho Technology
BaySpec

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Hyperspectral Imaging for Plastic Recycling product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Hyperspectral Imaging for Plastic Recycling, with price, sales, revenue and global market share of Hyperspectral Imaging for Plastic Recycling from 2019 to 2024.

Chapter 3, the Hyperspectral Imaging for Plastic Recycling competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Hyperspectral Imaging for Plastic Recycling breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Hyperspectral Imaging for Plastic Recycling market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Hyperspectral Imaging for Plastic Recycling.

Chapter 14 and 15, to describe Hyperspectral Imaging for Plastic Recycling sales channel, distributors, customers, research findings and conclusion.