Global Plastic Bottle Recycling Market Growth 2023-2029

Global Plastic Bottle Recycling Market Growth 2023-2029

Plastic bottle recycling refers to the process of recovering waste or scrap plastic bottle and reprocessing the materials into functional and useful products. The goal of recycling plastic bottle is to reduce high rates of plastic pollution while putting less pressure on virgin materials to produce brand new plastic products. This approach helps to conserve resources and diverts plastics from landfills or unintended destinations such as oceans.
LPI (LP Information)' newest research report, the “Plastic Bottle Recycling Industry Forecast” looks at past sales and reviews total world Plastic Bottle Recycling sales in 2022, providing a comprehensive analysis by region and market sector of projected Plastic Bottle Recycling sales for 2023 through 2029. With Plastic Bottle Recycling sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Plastic Bottle Recycling industry.
This Insight Report provides a comprehensive analysis of the global Plastic Bottle Recycling landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Plastic Bottle Recycling portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Plastic Bottle Recycling market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Plastic Bottle Recycling and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Plastic Bottle Recycling.
The global Plastic Bottle Recycling market size is projected to grow from US$ 3870.3 million in 2022 to US$ 6539.2 million in 2029; it is expected to grow at a CAGR of 6539.2 from 2023 to 2029.
In 2019, Europe is the largest plastic bottle recycling production area, accounting for about 47%, followed by North America, accounting for about 28%.
Leading suppliers in the worldwide are UltrePET, CarbonLITE, Veolia Group, etc. which takes a combined share of less than 20% in 2019.
This report presents a comprehensive overview, market shares, and growth opportunities of Plastic Bottle Recycling market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
PET Recycling
HDPE Recycling
Others
Segmentation by application
Fiber
Food and Beverage Packaging
Sheet and Film
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
UltrePET
CarbonLITE
Veolia Group
Evergreen Plastics
Shazil
Indorama Ventures
Avangard Innovative
Clear Path Recycling
Longfu Recycling Energy Scientech
Incom Recycle
FENC
SEIWA Group
Kyoei Industry
J&T Recycling
Tobe-Shoji
Far Eastern Ishizuka Green PET
Utsumi Recycle Systems
Toyo Seikan

Key Questions Addressed in this Report
What is the 10-year outlook for the global Plastic Bottle Recycling market?
What factors are driving Plastic Bottle Recycling market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Plastic Bottle Recycling market opportunities vary by end market size?
How does Plastic Bottle Recycling break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.