North America Plastic Recycling Market Size- By Plastic Type, By Raw Material, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

North America Plastic Recycling Market Size- By Plastic Type, By Raw Material, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

North America Plastic Recycling Market Introduction and Overview

According to SPER Market Research, ‘North America Plastic Recycle Market Size- By Plastic Type, By Application, By Raw Material- Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ states that the North America Plastic Recycle Market is estimated to reach USD 9.15 billion by 2033 with a CAGR of 13.31%.

Plastic can be conserved and reused, non-renewable fossil fuels (oil) reduce the consumption of energy used in the production of new plastic reduce the amount of solid waste going to landfill reduce emission of gases like carbon dioxide into the atmosphere. The process of recycle goes like Sorting is primarily automated, with a manual sort to check that all impurities have been removed. Once sorted and cleaned, plastic can be shredded into flakes or melt processed into pellets before being moulded into new goods.

The economic consequences from COVID-19 had far-reaching consequences for the plastic recycling industry, influencing investment decisions and regulatory actions. Economic uncertainty and reduced income put a burden on budgets for waste management and recycling infrastructure expenditures, postponing planned expansions and technical upgrades.

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 Plastic Type, By Raw Material, By Application
Regions covered Canada, Mexico, United States, Rest of North America.
Companies Covered Agilyx, Brightmark LLC, PLASTIPAK HOLDINGS INC., MBA Polymers Inc., Custom Polymers, UltrePET LLC, KW Plastics, Carbonlite Inc., Seraphim Plastics, Post Plastic Inc., Others.

North America Plastic Recycling Market Segmentation:

By Plastic Type: Based on the Plastic Type, North America Plastic Recycling Market is segmented as; Polyethylene Terephthalate(PET), High Density Polyethylene(HDPE), Polypropylene(PP), Low Density Polyethylene(LDPE)

By Raw Material: Based on the Raw Material, North America Plastic Recycling Market is segmented as; Plastic Bottles, Plastic Films, Rigid Plastic and Foams Fibres.

By Application: Based on the Application, North America Plastic Recycling Market is segmented as; Non-Food Contact Packaging, Food Contact Packaging, Construction Automotive.

By Region: This research also includes data for Canada, United States, Rest of North America, Mexico.