Recycled Plastics Market Projected to Reach 50.36 Billion USD by 2022 - PowerPoint PPT Presentation

About This Presentation
Title:

Recycled Plastics Market Projected to Reach 50.36 Billion USD by 2022

Description:

[144 Pages Report] Recycled Plastics Market/Plastic Recycling Market research report categorizes the global market by Source (Bottles, Films, Fibers, Foams), Type (PET, PE, PP, PVC, PS), End-Use Industry (Packaging, Building & Construction, Textiles, Automotive, Electrical & Electronics) and Region – PowerPoint PPT presentation

Number of Views:81

less

Transcript and Presenter's Notes

Title: Recycled Plastics Market Projected to Reach 50.36 Billion USD by 2022


1
MarketsandMarkets Presents
Recycled Plastics Market Projected to Reach 50.36
Billion USD by 2022
https//www.marketsandmarkets.com/Market-Reports/r
ecycled-plastic-market-115486722.html
2
  • The report "Recycled Plastics Market by Source
    (Bottles, Films, Fibers, Foams), Type (PET, PE,
    PP, PVC, PS), End-Use Industry (Packaging,
    Building Construction, Textiles, Automotive,
    Electrical Electronics) and Region - Global
    Forecast to 2022", The global recycled plastics
    market is estimated at USD 36.93 Billion in 2017
    and is projected to reach USD 50.36 Billion by
    2022, at a CAGR of 6.4 between 2017 and 2022.
  • Browse 87 market data Tables and 50 Figures
    spread through 144 Pages and in-depth TOC on
    "Recycled Plastics Market - Global Forecast to
    2022
  • Request FREE PDF Brochure https//www.marketsand
    markets.com/pdfdownload.asp?id115486722
  • Major Market Developments
  • In November 2017, SUEZ and LyondellBasell (US)
    signed a joint venture agreement focusing on the
    production of high-quality circular polymers.
    Under the terms of the agreement, both the
    companies will be a 50/50 stakeholder of QCP3
    (Netherlands), which is a high standard plastics
    recovering company. The company produces PP and
    HDPE recycled plastics
  • In July 2017, Suez started a joint venture with
    Kempenaars Recycling (Netherlands). The new
    company is known as SK Polymers and was found in
    a bid to find a better way to recycle hard
    plastics.
  • In November 2016, Plastipak Packaging acquired
    the business assets of Evolve Polymers (UK), one
    of Europes leading plastics recyclers from
    Aurelius Equity Opportunities. They have a
    processing capacity of 6-9 billion PET bottles
    into food-grade flake and pellets and
    polypropylene and polyethylene flake.

https//www.marketsandmarkets.com/Market-Reports/r
ecycled-plastic-market-115486722.html
3
  • Scope of the Report
  • This research report categorizes the global
    recycled plastics market based on source, type,
    end-use industry, and region, and forecasts
    revenue growth and provides an analysis of trends
    in each of the submarkets.
  • Recycled Plastics Market, Based on Source
  • Bottles
  • Films
  • Fibers
  • Foams
  • Others (auto parts, electrical goods, furniture,
    etc.)
  • Recycled Plastics Market, Based on Type
  • Polyethylene Terephthalate (PET)
  • Polyethylene (PE)
  • Polypropylene (PP)
  • Polyvinyl Chloride (PVC)
  • Polystyrene (PS)
  • Others (polyamide, polycarbonate,
    acrylonitrile-butadiene, styrene, and other
    plastics under SPI code 7)
  • Recycled Plastics Market, By Region

https//www.marketsandmarkets.com/Market-Reports/r
ecycled-plastic-market-115486722.html
4
Industry Insights The global recycled plastics
market is estimated at USD 36.93 billion in 2017
and is projected to reach USD 50.36 billion by
2022, at a CAGR of 6.4 between 2017 and 2022.
The market is witnessing growth due to the
increasing awareness regarding the use of
recycled plastics due to their environmental
benefits such as energy savings over virgin
plastics. Low cost and increasing use in
industries such as packaging, automotive,
electrical electronics, and textiles will
further accelerate the growth of the recycled
plastics market. Recycled plastics are
reprocessed from waste or scrap plastics. These
plastics are made into functional materials that
are sometimes different from their original
states. These plastics are a part of the major
global initiatives to reduce pollution caused by
virgin plastics. The major goals of recycling
plastics include prevention of pollution caused
by the disposal of plastics, reduction in usage
of virgin plastic products, and conservation of
energy. Request FREE Sample Pages
https//www.marketsandmarkets.com/requestsample.as
p?id115486722 Based on source, bottles was
estimated to be the largest segment in 2017. Used
bottles are the most easily collectible source as
there is an organized network of sorting and
collection post-consumer use. This drives the
growth of the bottles segment. Based on type,
Polyethylene Terephthalate (PET) was the largest
segment of the global recycled plastics market in
2017. The large market size of PET is due to its
easy recyclability and ease of collection in the
form of PET bottles. This resin is also
relatively cheaper, which further contributes in
making PET the largest segment by type.
https//www.marketsandmarkets.com/Market-Reports/r
ecycled-plastic-market-115486722.html
5
Industry Leaders   Major recycled plastics
producers, such as Veolia (France), Suez
(France), KW Plastics (US), Jayplas (UK), B.
Schoenberg Co. (US), BB Plastics (US), Green
Line Polymers (US), Clear Path Recycling (US),
Custom Polymers (US), and Plastipak Holdings (US)
are covered in the report. For more Info Visit
Our Blog _at_ https//chemicalsresearchmarket.wordpre
ss.com/Blog Geographical Scenario   Asia
Pacific was estimated to be the largest market
for recycled plastics in 2017. The regions
flourishing manufacturing sector, ample
availability of labor, competitive cost base, and
increasing consumer demand are expected to drive
the industrialization in the region. Several
industries use plastics for many applications and
therefore, industrialization, in turn, would
drive the demand for recycled plastics in the
region as they provide a cost advantage over
virgin plastics.

https//www.marketsandmarkets.com/Market-Reports/r
ecycled-plastic-market-115486722.html
6
About MarketsandMarkets MarketsandMarkets
provides quantified B2B research on 30,000 high
growth niche opportunities/threats which will
impact 70 to 80 of worldwide companies
revenues. Currently servicing 7500 customers
worldwide including 80 of global Fortune 1000
companies as clients. Almost 75,000 top officers
across eight industries worldwide approach
MarketsandMarkets for their painpoints around
revenues decisions. Our 850 fulltime analyst and
SMEs at MarketsandMarkets are tracking global
high growth markets following the "Growth
Engagement Model GEM". The GEM aims at
proactive collaboration with the clients to
identify new opportunities, identify most
important customers, write "Attack, avoid and
defend" strategies, identify sources of
incremental revenues for both the company and its
competitors. MarketsandMarkets now coming up
with 1,500 MicroQuadrants (Positioning top
players across leaders, emerging companies,
innovators, strategic players) annually in high
growth emerging segments. MarketsandMarkets is
determined to benefit more than 10,000 companies
this year for their revenue planning and help
them take their innovations/disruptions early to
the market by providing them research ahead of
the curve. MarketsandMarketss flagship
competitive intelligence and market research
platform, "Knowledgestore" connects over 200,000
markets and entire value chains for deeper
understanding of the unmet insights along with
market sizing and forecasts of niche markets. 
https//www.marketsandmarkets.com/Market-Reports/r
ecycled-plastic-market-115486722.html
7
Contact Us
Mr. Shelly SinghMarketsandMarkets INC. 630
Dundee Road Suite 430 Northbrook, IL 60062 USA
1-888-600-6441 sales_at_marketsandmarkets.comMark
etsandMarkets Bloghttp//www.marketsandmarkets.co
mhttp//twitter.com/marketsmarkets http//www.lin
kedin.com/company/marketsandmarkets https//chemic
alsresearchmarket.wordpress.com/Blog
Write a Comment
User Comments (0)
About PowerShow.com