Global Recycled Plastics Market Growth 2023-2029

Global Recycled Plastics Market Growth 2023-2029

Recycled plastics are the plastics that made from post-consumer or post-industrial plastics instead of the virgin resin. The process of recycling used plastic from consumable products is an efficient means to reprocess the material into useful products. Many different products make great sources of recyclable material, including: soda bottles, plastic packaging, sheets and pellets. Recycled plastic is used to make many different types of products. The type of product that is made out of recycled plastic depends on the type of plastic resin. There are several different types of plastic resin used to make different products, such as PET, PP, HDPE and LDPE.

LPI (LP Information)' newest research report, the “Recycled Plastics Industry Forecast” looks at past sales and reviews total world Recycled Plastics sales in 2022, providing a comprehensive analysis by region and market sector of projected Recycled Plastics sales for 2023 through 2029. With Recycled Plastics sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Recycled Plastics industry.

This Insight Report provides a comprehensive analysis of the global Recycled Plastics 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 Recycled Plastics portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Recycled Plastics market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Recycled Plastics 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 Recycled Plastics.

The global Recycled Plastics market size is projected to grow from US$ 18880 million in 2022 to US$ 17940 million in 2029; it is expected to grow at a CAGR of 17940 from 2023 to 2029.

The market of recycled plastic is highly fragmented with a tail of manufacturers. As the largest production area of recycled plastics, there are more than 3000 companies supply recycled plastics. The market concentration in developed areas is higher comparatively. Leading suppliers in the worldwide are Clear Path Recycling, Clean Tech Incorporated, Mohawk Industries Incorporated, CarbonLite Industries, Envision Plastics Industries, Advanced Environmental Recycling Technologies Incorporated, Greentech and Veolia Polymers, which takes a combined share of less than 5%.

This report presents a comprehensive overview, market shares, and growth opportunities of Recycled Plastics market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

PET

PP

HDPE

LDPE

Others

Segmentation by application

Packaging

Construction

Textile Fiber / Clothing

Landscaping / Street Furniture

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.

Clear Path Recycling

Clean Tech Incorporated

Mohawk Industries Incorporated

CarbonLite Industries

Envision Plastics Industries

Advanced Environmental Recycling Technologies Incorporated

Greentech

Veolia Polymers

Hahn Plastics

CeDo

PLASgran

APR2 Plast

Luxus

Visy

Ripro Corporation

OOTONE PLASTIC

Wellpine Plastic Industical

Fuqing Topway Plastics Industrial

Shandong Power Plastic

Intco

Jiangsu Zhongsheng

Suzhou Jiulong Recy & Tech

Da Fon Environmental Techology

Key Questions Addressed in this Report

What is the 10-year outlook for the global Recycled Plastics market?

What factors are driving Recycled Plastics market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Recycled Plastics market opportunities vary by end market size?

How does Recycled Plastics 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.