Middle East and Africa Recycled Plastic Market Size- By Type, By Source -Regional Outlook, Competitive Strategies and Segment Forecast to 2033
Middle East and Africa Recycled Plastic Market Introduction and Overview
According to SPER market research, ‘Middle East and Africa Recycled Plastic Market Size – By Type, By Source – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the MEA Recycled Plastic Market is predicted to reach USD 7403.73 million by 2033 with a CAGR of 7.8%.
Plastic that has been processed and repurposed after its original lifetime is known as recycled plastic. To make new plastic products, the procedure usually entails gathering spent plastic bottles, containers, and packaging materials, cleaning them, and then melting them down. By lowering the quantity of plastic waste that ends up in landfills and the ocean, recycling plastic helps to reduce environmental pollution. Additionally, it reduces the requirement for the resource- and energy-intensive process of producing virgin plastic, which calls for the extraction of natural gas or petroleum.
The Middle East and African recycled plastic industry has been impacted by the COVID-19 pandemic in a number of ways. The early consequences of the pandemic on supply chains and industry had an impact on the procurement, handling, and distribution of recycled plastic materials. Implemented to stop the virus’s spread, lockdowns and travel limits hindered recycling efforts and decreased the amount of recovered plastic that was sold.
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 Type, By Source
Regions covered Eastern Region, Western Region, Northern Region, Southern Region
Companies CoveredBerry Global Inc., B & B Plastics Inc., B. Schoenberg & Co., Inc., Birch Plastics Inc., ENVISION PLASTICS, Jayplas, Joe's Plastics, K K Asia (HK) Ltd., KW Plastics, MBA Polymers Inc., Plastipak Holdings Inc., Ultra-Poly Corporation, VEOLIA ENVIRONNEMENT SA, Others
MEA Recycled Plastic Market SegmentationBy Type:Based on the Type, Middle East and Africa Recycled Plastic Market is segmented as; Polyethylene terephthalate, Polyethylene, Polypropylrnr, Polyvinyl Chloride, Polystyrene, Others.
By Source:Based on the Source, Middle East and Africa Recycled Plastic Market is segmented as; Bottles, Bags, Films, Fibers, Foams, Others.
By Region:This research also includes data for Eastern Region, Western Region, Northern Region, Southern Region.