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Global Recycled Plastics Market Size, Share, Price, Industry Trends And Forecast 2018-2023

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Want more information about this market: According to IMARC Group’s latest report, titled “Recycled Plastics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, the global recycled plastics market reached a value of US$ 37 Billion in 2017. Request a free report sample: Browse more reports on Packaging Industry: Contact Us IMARC Group USA: +1-631-791-1145 Email: sales@imarcgroup.com Follow us on twitter: @imarcglobal – PowerPoint PPT presentation

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Title: Global Recycled Plastics Market Size, Share, Price, Industry Trends And Forecast 2018-2023


1
    Global Recycled Plastics Market Catalysed
by Government Initiatives

Copyright IMARC. All Rights Reserved
2
About IMARC Group
Report Description
IMARC is a leading advisor on management
strategy and market research worldwide. We
partner with clients in all sectors and regions
to identify their highest-value opportunities,
address their most critical challenges, and
transform their businesses. IMARCs information
products include major market, scientific,
economic and technological developments for
business leaders in pharmaceutical, industrial,
and high technology organizations. Market
forecasts and industry analysis for
biotechnology, advanced materials,
pharmaceuticals, food and beverage, travel and
tourism, nanotechnology and novel processing
methods are at the top of the companys
expertise. IMARCs tailored approach combines
unfathomable insight into the dynamics of
companies and markets with close cooperation at
all levels of the client organization. This
ensures that our clients achieve unmatchable
competitive advantage, build more proficient
organizations, and secure lasting results.
3
Report Description and Highlights
Report Description
Global Recycled Plastics Market Catalyzed by
Government Initiatives The global recycled
plastics market has grown at a healthy rate, over
the recent years. Some of the factors which have
further given impetus to the market include
rising awareness, government initiatives,
etc. Recycling plastics refers to a process
wherein the waste plastic is transformed into
useful products. As majority of the plastic is
non-biodegradable, global efforts have been
garnered so as to reduce the waste plastic from
negatively affecting the environment. Recycling
includes sorting of different polymers,
shredding, cleaning, and melting it into pellets.
These pellets are then used in production of
plastic products such as tables or chairs. This
helps in reducing the plastic pollution and use
of virgin resin.  A new research report by IMARC
Group, titled Recycled Plastics Market Global
Industry Trends, Share, Size, Growth, Opportunity
and Forecast 2018-2023, estimates that
the global recycled plastics market was worth US
37 Billion in 2017. The report further
anticipates the market to cross US 52 Billion by
2023, at a projected CAGR of 5.7 over the
forecast period.
4
Report Description and Highlights
Report Description
  • Global Recycled Plastics Market
    Drivers/Constraints
  • Production of plastic releases huge amounts of
    carbon dioxide in the environment, thereby
    elevating the levels of greenhouse gases present
    in the air. As recycling of plastic reduces the
    usage of oil and the volume of discarded wastes,
    it acts as one of the primary factors influencing
    the market growth.
  • Government initiatives undertaken by numerous
    nations aim to minimise the emission of carbon
    dioxide and waste generated from
    non-biodegradable plastics, thereby contributing
    to the growth of the market.
  • The rising awareness about environment pollution
    amongst consumers along with technological
    advancements and improvements in the systems for
    the collection represent some of the other major
    factor propelling the growth of recycled plastic
    market.
  • However, there are several factors that act as a
    hindrance to the market growth. In the process of
    melting and recycling of the plastic, volatile
    organic compounds are generated which can harm
    the plants and animals near the recycling site.
  • Read more here https//www.imarcgroup.com/recycl
    ed-plastics-market

5
Report Description and Highlights
Report Description
Plastic Type Insights On the basis of type, the
market is classified into polyethylene
terephthalate (PET), high density polyethylene
(HDPE), polypropylene (PP), low density
polyethylene (LDPE) and others. Currently,
polyethylene terephthalate accounts for the
majority of the market share. Applicatio
n Insights On the basis of application, the
market is segregated as non-food contact
packaging, food contact packaging, construction,
automotive and others. Amongst these, non-food
contact packaging exhibits a clear dominance in
the recycled plastics market. Request Sample Of
The Report https//www.imarcgroup.com/request?typ
ereportid841flagB
6
Report Description and Highlights
Report Description
  • Raw Material Insights
  • Based on raw materials, the recycled plastic
    market is segmented as bottles, rigid plastics
    and foam, bags and films, carpets and fibres, and
    others. Currently, bottles are the most popular
    raw material used for recycling.
  • Regional Insights
  • On a geographical front, North America enjoys the
    leading position in the global recycled plastic
    market, accounting for the largest market share.
    North America is followed by Europe, Asia
    Pacific, Latin America, and Middle East and
    Africa.
  • Competitive Landscape
  • The market is fragmented in nature with the
    presence of numerous small and large
    manufacturers. Some of the leading players
    operating in the market are
  • Avangard Innovative LP
  • B. Schoenberg and Co., Inc.
  • Delta Plastics
  • UltrePET LLC
  • CarbonLITE Industries


7
Report Description and Highlights
Browse more related reports  Corrugated
Boxes Market https//www.imarcgroup.com/prefeasib
ility-report-corrugated-box-manufacturing-plant
Jute Bag Market https//www.imarcgroup.com/pre
feasibility-report-jute-bag-manufacturing-plant
8
Report Description and Highlights
Report Description

2017 IMARC All Rights Reserved This
Publication and all its contents unless
otherwise mentioned are copyrighted in the name
of International Market Analysis Research and
Consulting (IMARC). No part of this publication
may be reproduced, repackaged, redistributed or
resold in whole or in any part. The publication
may also not be used in any form or by and means
graphic electronic or mechanical, including
photocopying, recording, taping or by information
storage or retrieval, or by any other form,
without the express consent of International
Market Analysis Research and Consulting
(IMARC). Disclaimer All contents and data of
this publication, including forecasts, data
analysis and opinion have been based on
information and sources believed to be accurate
and reliable at the time of publishing.
International Market Analysis Research and
Consulting makes no representation of warranty of
any kind as to the accuracy or completeness of
any Information provided. IMARC accepts no
liability whatsoever for any loss or damage
resulting from opinion, errors or inaccuracies if
any found this publication. IMARC, IMARC Group
and Global Therapy Insight Series are registered
trademarks of International Market Analysis
Research and Consulting. All other trademarks
used in this publication are registered
trademarks of their respective companies.
9

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