Global Plastic Recycling Solutions Market 2024-2028
Global Plastic Recycling Solutions Market 2024-2028
The plastic recycling solutions market is forecasted to grow by USD 25.8 bn during 2023-2028, accelerating at a CAGR of 8.87% during the forecast period. The report on the plastic recycling solutions market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing environmental concerns owing to increasing plastic pollution, stringent government regulations related to plastics, and growing focus on adoption of circular economy initiatives.
Technavio's plastic recycling solutions market is segmented as below:
- By Type
- Post-consumer recyclate
- Industrial recyclate
- By End-user
- Packaging
- Construction
- Automotive
- Electrical and electronic components
- Others
- By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
This study identifies the increasing demand for recycled plastics as one of the prime reasons driving the plastic recycling solutions market growth during the next few years. Also, growing number of m and a related to plastic recycling and growing awareness and adoption of sustainable solutions will lead to sizable demand in the market.
The report on the plastic recycling solutions market covers the following areas:
- Plastic recycling solutions market sizing
- Plastic recycling solutions market forecast
- Plastic recycling solutions market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading plastic recycling solutions market vendors that include Altium Packaging, Biffa Plc, CABKA Group GmbH, Cross Wrap Oy, EREMA Engineering Recycling Maschinen und Anlagen Ges.m.b.H., Far Eastern Group, J and A Young Leicester Ltd., KW Plastics, Loop Industries Inc., MBA Polymers Inc., OMV Aktiengesellschaft, Petcore Europe, Plastipak Holdings Inc., Republic Services Inc., Stericycle Inc., SUEZ SA, Tomra Systems ASA, Vanden Global Ltd., Veolia Environnement SA, and Waste Management Inc.. Also, the plastic recycling solutions market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.