The 2023-2028 World Outlook for Recycled Plastics

The 2023-2028 World Outlook for Recycled Plastics

This study covers the world outlook for recycled plastics across more than 190 countries. For each year reported, estimates are given for the latent demand, or potential industry earnings (P.I.E.), for the country in question (in millions of U.S. dollars), the percent share the country is of the region, and of the globe. These comparative benchmarks allow the reader to quickly gauge a country vis-à-vis others. Using econometric models which project fundamental economic dynamics within each country and across countries, latent demand estimates are created. This report does not discuss the specific players in the market serving the latent demand, nor specific details at the product level. The study also does not consider short-term cyclicalities that might affect realized sales. The study, therefore, is strategic in nature, taking an aggregate and long-run view, irrespective of the players or products involved.

In this report we define the sales of recycled plastics as including all commonly understood products and/or services falling within this broad category, such as high density polyethylene (HDPE), low density polyethylene (LDPE), polyvinyl chloride (PVC), polypropylene (PP), and ethylene propylene diene monomer (EPDM) raw materials; membranes that have undergone extrusion and calendering processes; and membranes used for waste and water management, mining, and tunnel liners, irrespective of product packaging, formulation, size, or form. Companies participating in this industry include Advanced Environmental, Asia Plastic Recycling Holding, Astron Sustainability, B&B Plastics, B. Schoenberg, Berkshire Hathaway, Berry Global, Bingo Industries, Biocor, LLC, BioCore, LLC, Birch Plastics, Inc, Butler-MacDonald, Cabka Group, CarbonLITE Industries, Clear Path Recycling, Coll Materials, Inc, Custom Polymers, Dart Container, Entropex, Envision Plastic Industries, LLC, Fresh Pak, Green Line Polymers, Hilex Poly Company, Illinois Tool Works, Imerys, Jayplas, JOE’s Plastics, Inc, Joe's Plastics, Joes Plastics, Inc, K K Asia PTE, KK Asia Pte Ltd. (KK Asia (HK), Ltd), Kuusakoski, KW Plastic, LUXUS, Marglen Industries, Inc, MBA Polymers, Mohawk Industries, Moisture Shield, MRC Polymers, NextLife Recycling, LLC, Omni Resource Recovery, Inc, Parallel Products of Kentucky, Inc, PARC, Peninsula Plastics Recycling, Inc, PET Processors, Phoenix Technologies International, Plasgran, Plastic Revolutions, Inc, Plastipak Holdings, Polindo Utama (GBG), Polychem, PolyQuest, Pt. Production Recycling Indonesia, Replas, Reprocessed Plastic, ReVital Polymers, Reynolds Group Holdings, Rjm International, Schupan & Sons, Inc, Shanghai PRET, SUEZ, The Coca-Cola Company, Inc, Total SA, Trex Company, Ultra Poly, UNM International, Ltd, Veolia, Wellman Advanced Materials, and wTe. In addition to the sources indicated, additional information available to the public via news and/or press releases published by players in the industry was considered in defining and calibrating this category. All figures are in a common currency (U.S. dollars, millions) and are not adjusted for inflation (i.e., they are current values). Exchange rates used to convert to U.S. dollars are averages for the year in question. Future exchange rates are assumed to be constant in the future at the current level (the average of the year of this publication's release in 2022).