Europe Recycled Thermoplastics Market Growth, Size, Trends Analysis- By Form, By Technology, By Product, By Application - Regional Outlook, Competitive Strategies and Segment Forecast to 2033
Europe Recycled Thermoplastics Market Introduction and Overview
According to SPER market research, ‘Europe Recycled Thermoplastics Market Size- By Form, By Technology, By Product, By Application – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the Europe Recycled Thermoplastics Market is predicted to reach 20907.46 million by 2033 with a CAGR of 9.91%.
Plastics that have been melted down and remolded into new items are known as recycled thermoplastics. Because the material retains its qualities after melting and re-forming, thermoplastics are highly reusable. They also make up products that are simple to separate for recycling with automated recycling equipment. Thermoplastics can be utilized to create new items and are completely reversible and recyclable. This is because they may be repeatedly melted and frozen without losing their characteristics.
The COVID-19 crisis had a substantial influence on the recycled thermoplastic market, resulting in a dramatic decline in demand across various end-user industries due to the temporary shutdown of manufacturing units. The demand for thermoplastics has declined significantly in the automotive, aerospace, and construction sectors. However, during the pandemic, the need for innovative thermoplastic polyethylene gloves created with TPEs surged rapidly to meet medical and food handling applications.
Scope of the Report:
Report Metric Details
Market size available for years 2020-2033
Base year considered 2023
Forecast period 2024-2033
Segments covered By Form, By Technology, By Product, By Application.
Regions coveredGermany, United Kingdom, Italy, Spain, France, Russia, Rest of Europe.
Companies CoveredB & B Plastics, United Plastic Recycling, RJM International, Plastipak Holdings, Parc Corporation, Fresh Pak, Envision Plastics, Custom Polymers, Inc, B. Schoenberg, KW Plastics.
Europe Recycled Thermoplastics Market Segmentation:
By Form: Based on the Form, Europe Recycled Thermoplastics Market is segmented as; Flakes, Pellets, Granules.
By Technology: Based on the Technology, Europe Recycled Thermoplastics Market is segmented as; Extrusion, Injection Molding, Blow Molding, Others.
By Product: Based on the Product, Europe Recycled Thermoplastics Market is segmented as; Polyethylene, Polyethylene Terephthalate, Polypropylene, Polystyrene, Polyvinyl Chloride, Others.
By Application: Based on the Application, Europe Recycled Thermoplastics Market is segmented as; Packaging, Automotive, Consumer Goods, Medical, Building & Construction, Electrical & Electronics, Others.