Recycle For Plastic Bottle Market 2024-2028
The recycle for plastic bottle market is forecasted to grow by USD 4892.6 mn during 2023-2028, accelerating at a CAGR of 8.06% during the forecast period. The report on the recycle for plastic bottle 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 use of plastic bottles and their recycled forms, growing environmental pollution, and need for conservation of natural resources.
Technavio's recycle for plastic bottle market is segmented as below:
- By Grade Type
- PET
- HDPE
- PP
- Others
- By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
This study identifies the growing focus on recycling plastic by manufacturing companies as one of the prime reasons driving the recycle for plastic bottle market growth during the next few years. Also, growing stringency of regulatory framework and making 100% bio-based pet bottles will lead to sizable demand in the market.
The report on the recycle for plastic bottle market covers the following areas:
- Recycle for plastic bottle market sizing
- Recycle for plastic bottle market forecast
- Recycle for plastic bottle market industry analysis
The 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 recycle for plastic bottle market vendors that include Amcor PLC, Complete Recycling LLC, ECO2 PLASTICS Inc., Ecoplast Solutions, EREMA Engineering Recycling Maschinen und Anlagen Ges.m.b.H., EVERGREEN A GREENBRIDGE Co., Ioniqa Technologies B.V., Loop Industries Inc., MoistureShield, NATIONAL RECOVERY TECHNOLOGIES LLC, NaturaPCR, perPETual Technologies GmbH, Phoenix Technologies International LLC, PlastiKetic Co., PTP GROUP Ltd., Recycle Clear, UltrePET LLC, United Resource Recovery Corp., and Worn Again Technologies. Also, the recycle for plastic bottle 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.
Technavio 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 primary and secondary research. 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 accurate market growth.