Advanced Plastics Recycling Market Report: Trends, Forecast and Competitive Analysis to 2030

Advanced Plastics Recycling Market Report: Trends, Forecast and Competitive Analysis to 2030

Advanced Plastics Recycling Trends and Forecast

The future of the global advanced plastics recycling market looks promising with opportunities in the environmental industry and packaging industry. The global advanced plastics recycling market is expected to grow with a CAGR of 12.6% from 2024 to 2030. The major drivers for this market are governments enforce strict laws and programs to reduce plastic litter and encourage environmentally friendly behaviors, growing knowledge and concern about how plastic trash affects ecosystems on a global scale, as well as, increasing public and commercial sector investment in the study and creation of cutting-edge recycling technologies.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Advanced Plastics Recycling by Segment

The study includes a forecast for the global advanced plastics recycling by type, application, and region.

Advanced Plastics Recycling Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Pyrolysis
• Gasification
• Depolymerisation
• Others

Advanced Plastics Recycling Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Environmental Industry
• Packaging Industry
• Others

Advanced Plastics Recycling Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Advanced Plastics Recycling Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies advanced plastics recycling companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the advanced plastics recycling companies profiled in this report include-

• Agilyx
• APK
• Aquafil
• Carbios
• Eastman
• Extrathive
• Fych Technologies
• Garbo
• Ioniqa
• Itero

Advanced Plastics Recycling Market Insights

Lucintel forecasts that depolymerisation is expected to witness highest growth over the forecast period because it produces high-quality recycled plastics that are virtually identical to virgin plastics in terms of properties and performance.

APAC is expected to witness highest growth over the forecast period due to rapid urbanization and industrialization, leading to a surge in plastic waste generation, and it creates a strong demand for advanced plastics recycling technologies to manage plastic waste effectively.

Features of the Global Advanced Plastics Recycling Market

Market Size Estimates: Advanced plastics recycling market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Advanced plastics recycling market size by type, application, and region in terms of value ($B).

Regional Analysis: Advanced plastics recycling market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different type, application, and regions for the advanced plastics recycling market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the advanced plastics recycling market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the growth forecast for advanced plastics recycling market?

Answer: The global advanced plastics recycling market is expected to grow with a CAGR of 12.6% from 2024 to 2030.

Q2. What are the major drivers influencing the growth of the advanced plastics recycling market?

Answer: The major drivers for this market are governments enforce strict laws and programs to reduce plastic litter and encourage environmentally friendly behaviors, growing knowledge and concern about how plastic trash affects ecosystems on a global scale, as well as, increasing public and commercial sector investment in the study and creation of cutting-edge recycling technologies.

Q3. What are the major segments for advanced plastics recycling market?

Answer: The future of the global advanced plastics recycling market looks promising with opportunities in the environmental industry and packaging industry.

Q4. Who are the key advanced plastics recycling market companies?

Answer: Some of the key advanced plastics recycling companies are as follows:

• Agilyx
• APK
• Aquafil
• Carbios
• Eastman
• Extrathive
• Fych Technologies
• Garbo
• Ioniqa
• Itero

Q5. Which advanced plastics recycling market segment will be the largest in future?

Answer: Lucintel forecasts that depolymerisation is expected to witness highest growth over the forecast period because it produces high-quality recycled plastics that are virtually identical to virgin plastics in terms of properties and performance.

Q6. In advanced plastics recycling market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period due to rapid urbanization and industrialization, leading to a surge in plastic waste generation, and it creates a strong demand for advanced plastics recycling technologies to manage plastic waste effectively.

Q7. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the advanced plastics recycling market by type (pyrolysis, gasification, depolymerisation, and others), application (environmental industry, packaging industry, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

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