Plastics Recycling Market Size, Regional Outlook, Competitive Landscape, Revenue Analysis & Forecast

The global plastics recycling market size was USD 38.52 Billion in 2021 and is expected to register a revenue CAGR of 15.7% during the forecast period, according to the latest analysis by Emergen Research. Increasing use of recycled plastic in packaging and automotive industries is a major factor driving market revenue growth. In addition, rising demand for advanced, innovative, and sustainable recycled plastic products, such as 3D printing plastic waste furniture, is driving revenue growth of the market. For example, a laboratory in Thessaloniki recycles plastic waste from Greek households to create urban furniture. Moreover, rising initiatives from governments of various countries are driving revenue growth of the market. In 2020, Plastics Recyclers in Europe identified over 650 recycling facilities across Europe, with 27 European countries including the UK, Norway, and Switzerland, among others. This corresponds with an installed capacity of approximately 9.6 million tons and an annual turnover of USD 8.26 billion.

The Global Plastics Recycling Market Research Report published by Emergen Research has been formulated by analysis of key business details and extensive geographical spread of the Plastics Recycling industry. The study offers comprehensive coverage of the qualitative and quantitative analysis of the Plastics Recycling market along with crucial statistical data about the Plastics Recycling market. The research study provides historical data from 2017 to 2018 and offers accurate forecast estimation until 2027. The report also profiles established and emerging players of the market, covering the business overview, product portfolio, strategic alliances, and business expansion strategies.

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Key companies operating in the Plastics Recycling market include:

Indorama Ventures Public Company Limited, Veolia, WM Intellectual Property Holdings, L.L.C., Unilever, Johnson Matthey, SUEZ, Republic Services, Inc., REMONDIS SE & Co. KG, Econic Technologies, The Shakti Plastic Industries, Biffa, Waste Connections, CLEAN HARBORS, INC., KW Plastics and KW Plastics Recycling Division, and B & B Plastics Inc

Key market aspects studied in the report:

Market Scope: The report explains the scope of various commercial possibilities in the global Plastics Recycling market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.

Key Benefits of the Report:

  • Comprehensive analysis of the competitive scenario and its changing dynamics
  • Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
  • In-depth 8-year analysis of the Global Plastics Recycling Market
  • Critical understanding of the key market segments
  • Comprehensive analysis of the drivers, restraints, trends, and opportunities
  • Detailed regional analysis and extensive company profiling
  • Extensive assessment of current and emerging trends of the market

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Plastics Recycling Market Segmentation:

  • Product Type Outlook (Revenue, USD Billion; 2019–2030)

    • Polyethylene Terephthalate
    • Polyethylene
    • Polystyrene
    • Polyvinyl Chloride
    • Polypropylene
    • Others
  • Source Outlook (Revenue, USD Billion; 2019–2030)

    • Bottles
    • Films
    • Foams
    • Fibers
    • Others
  • End-Use Outlook (Revenue, USD Billion; 2019–2030)

    • Building & Construction
    • Automotive
    • Packaging
    • Textile
    • Electrical & Electronics
    • Others

 

Plastics Recycling Market Segmentation by Regions:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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