The global recycled plastics market size was USD 65.00 Billion in 2022 and is expected to register a rapid revenue CAGR of 9.0% during the forecast period. Increasing awareness regarding energy savings and government initiatives, and rising use of recycled plastics in packaging, automotive, and electrical and electronics industries are key factors driving market revenue growth.
The report also discusses in detail the recent mergers and acquisitions, joint ventures, collaborations, product launches and brand promotions, agreements, corporate and government deals, and partnerships, among others. The report also sheds light on the recent technological developments and product advancements in the Recycled Plastics market. The competitive landscape of the report has been formulated by considering all the vital parameters such as company profiling, market share, recent developments and advancements, gross margins, product portfolio, revenue generation, financial standing, market position, and expansion plans.
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The global Recycled Plastics industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.
The leading market contenders listed in the report are:
Alpek, Biffa, Cabka, Far Eastern New Century Corporation, Indorama Ventures, Jayplas, Loop Industries, Inc., MBA Polymers Inc., Plastipak Holdings, Inc., Republic Services, Stericycle, Veolia, REMONDIS SE & Co. KG.; WM Intellectual Property Holdings, L.L.C.; Shell International B.V.; Waste Connections; CLEAN HARBOR, INC.; Covetsro AG, Plasgran Ltd. and KW Plastics
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Additional information offered by the report:
- Along with a complete overview of the global Recycled Plastics market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
- The report elaborates on the global Recycled Plastics market size and share governed by the major geographies.
- It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
- It further presents a detailed description of the company profiles of the key market contenders.
Segments Covered in this report are:
Type Outlook (Revenue, USD Billion; 2019-2032)
- Post-Consumer Recyclate
- Industrial Recyclate
Application Outlook (Revenue, USD Billion; 2019-2032)
Material Outlook (Revenue, USD Billion; 2019-2032)
- Polyethylene Terephthalate (PET)
- High-Density Polyethylene (HDPE)
- Low-Density Polyethylene (LDPE)
- Polypropylene (PP)
Radical Highlights of the Recycled Plastics Market Report:
- Comprehensive overview of the Recycled Plastics market along with analysis of the changing dynamics of the market
- Growth Assessment of various market segments throughout the forecast period
- Regional and global analysis of the market players, including their market share and global position
- Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
- Impact of the technological developments and R&D advancements on the Recycled Plastics market
- Information about profit-making strategies and developmental strategies of major companies and manufacturers
- Insightful information for the new entrants willing to enter the market
- Details and insights about business expansion strategies, product launches, and other collaborations
- The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis
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