Global Plastic Recycling Market Analysis–Trends, Insights and Forecasts (2021-2027)

  • Publish Date
    November 22, 2021
  • No of Pages
    370
  • SKU Code
    GIR 8020
  • Format

Global Plastic Recycling Market – Overview

  • The report will cover the overall analysis and insights in relation to the size and growth rate of the “Global Plastic Recycling Market ” by various segments at a global and regional level for the 2014-2027 period, with 2014-2019 as historical data, 2020 as a base year, 2021 as an estimated year and 2021-2027 as forecast period.

Global Plastic Recycling Market – Introduction

  • Recycling includes the recycling of waste plastic or scrap material into usable items. Plastic recycling helps to reduce energy use, water pollution, and air pollution, which provides opportunity to minimize emissions of carbon dioxide and waste. In addition, several recycling techniques have proven to be rather costly, energy intensive, and environmentally harmful. Many players, including government agencies, suppliers, and consumers, are increasingly changing their habits of plastic consumption, revising conventional production lines to make products that are easily processable post use, recycling the waste, and developing low amounts of plastic waste.

Global Plastic Recycling Market – Report Scope

  • The scope of the report covers the clear understanding and overview of the product.
  • Analysis of Plastic Recycling Market trends in the region, with market data considering 2020 as the base year, 2021 as the estimate year and forecast for 2027 with projection of CAGR from 2021 to 2027.
  • The Global Plastic Recycling Market report covers discussion of economic trends and technology.
  • Global Plastic Recycling Market estimates represent revenue.
  • In-depth analysis of the market segmentation assists in determining the prevailing Global Plastic Recycling Market scope.
Attribute Details
Market size available for years 2014–2027
Base year considered 2020
Forecast period 2021–2027
Historical period 2014-2019
Forecast units Value (USD) & Volume (Million Units)
Forecast units Value (USD) & Volume (Million Units)
Segmentation By Regions
North America, Europe, Asia Pacific, Latin America and Middle East & Africa
By Countries
United States, Russia, China, Germany, United Kingdom, France, Japan, Israel, Saudi Arabia, South Korea, United Arab Emirates, Canada, Indonesia, Malaysia, Switzerland, Australia, India, Italy, Sweden, Spain, Belgium, Netherlands, Norway, Brazil, Argentina, Mexico, South Africa and 54 Others.
By Type
Polyethylene Terephthalate (PET), Polyethylene (PE), Polypropylene (PP), Polyvinyl Chloride (PVC), Polystyrene (PS) and Other.
By Source
Bottles, Films, Fibers, Foams and others.
By Method
Thermal, Chemical, Mechanical and Landfill.
By End-User
Packaging, Building & Construction, Textile, Automotive, Electrical & Electronics and others.
Companies covered Advanced Drainage Systems, Inc.; B & B Plastics Recycling, Inc.; B. Schoenberg & Co., Inc.; Carbonlite, Inc.; Clear Path Recycling, LLC; Custom Polymers, Inc.; Envisison Plastics; Green-O-Tech India; Jayplas; Kuusakoski Oy; KW Plastics; MBA Polymers, Inc.; NAM Polymers Inc.; Norwich Plastics; PARC Corporation; Plasgran Ltd.; Plastic Recycling Inc.; Plastipak Holdings, Inc.; Seraphim Plastics LLC; Suez; UltrePET, LLC; United Plastic Recycling; Veolia Environnement S.A. and Others.

Segments Covered in Global Plastic Recycling Market

  • The plastic recycling market has been analyzed by type, source, method, end-user, and region. This segmentation is divided into the material, application, and recycling process. Among the material or type segment, polyethylene terephthalate (PET) holds the largest market and is widely used in packaging, construction, electronics, and others.
  • Under the method type, the mechanical segment holds the largest market owing to the high share of recyclability in the market.
  • By the end-user, the packaging segmentation holds the largest market share owing to the increased usage of plastic in various applications.

Covid-19 Impact on the Global Plastic Recycling Market

  • Owing to the outbreak of the COVID-19 pandemic, the global plastic recycling market is expected to witness a slowdown during the next couple of years. Governments of various countries have implemented lockdown, which has led to shutdown of factories in scores of cities and provinces across the world, thus leading to predictions of a sharp slowdown in the output of anything from packaging to automotive industry. Recent decline in construction activities is one of the key factors that is likely to negatively impact the growth of plastic recycling market. Moreover, decline in industrial activities owing to lockdown has consequently affected the demand for plastic. For instance, decline in demand for cold drinks has been witnessed, which has further decreased the adoption of plastics in the beverages sector. This has consequently affected the plastic recycling companies. In addition, companies are dealing with missing sales and disrupted supply chains as production activities are shutdown.

Recent Developments in Global Plastic Recycling Market

  • In February 2018, RAMPF Eco Solutions and Keil Anlagenbau GmBH & Co. KG announced plans to design a multi-functional polyol production plant in Dubai, U.A.E. The facility is expected to manufacture high-quality polyols from on-site PU/PIR waste materials, thereby helping the company lower costs, and at the same time, reduce the waste generation volume at the site.
  • In April 2019, MOL Group announced the signing of a sales–purchase agreement to acquire Aurora, a recycled plastic compounder headquartered in Neuenstein, with production plants in Baden-Württemberg, Germany. The acquisition is expected to assist MOL Group in offering a wide range of high-quality PP, polyamide, and other recyclate-based compounds, in coherence with its existing portfolio of virgin PP and PE.

Key Market Players in Global Plastic Recycling Market

  • The major players in the Global Plastic Recycling Market are Advanced Drainage Systems, Inc.; B & B Plastics Recycling, Inc.; B. Schoenberg & Co., Inc.; Carbonlite, Inc.; Clear Path Recycling, LLC; Custom Polymers, Inc.; Envisison Plastics; Green-O-Tech India; Jayplas; Kuusakoski Oy; KW Plastics; MBA Polymers, Inc.; NAM Polymers Inc.; Norwich Plastics®; PARC Corporation; Plasgran Ltd.; Plastic Recycling Inc.; Plastipak Holdings, Inc.; Seraphim Plastics LLC; Suez; UltrePET, LLC; United Plastic Recycling; Veolia Environnement S.A.and others.
  • Also, the Plastic Recycling Market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

Objectives of the Global Plastic Recycling Market

  • To provide detailed information regarding drivers, restraints, opportunities and challenges are influencing the growth in the Global Plastic Recycling Market.
  • To analyze the competitive intelligence of players based on company profiles and their key growth strategies.
  • To strategically analyze micro markets with respect to the individual growth trends, their prospects, and their contribution to the total Global Plastic Recycling Market.
  • To analyze competitive developments such as expansions, and product launches, along with research & development (R&D) activities undertaken in the Global Plastic Recycling Market.
  • A unique model is created customized for each study also offers suggestions that help enterprises to identify and mitigate risks.

Note

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  • Also, you can buy some selected Chapters from the report.

 

GLOBAL PLASTIC RECYCLING MARKET – INTRODUCTION

Global plastic recycling market – Objectives Of The Study

Global plastic recycling market Definition

Global plastic recycling market Scope

Global plastic recycling market Stakeholders

Global plastic recycling market Limitations

Summary of changes in Global plastic recycling market

RESEARCH METHODOLOGY

Research data

Secondary data

Primary data

Global plastic recycling market Market Size Estimation

Global plastic recycling market Breakdown & Data Triangulation

Global plastic recycling market Share Analysis

Global plastic recycling market Risk assessment/limitations

Assessment Of The Impact Of Covid-19 On The Global plastic recycling market

GLOBAL PLASTIC RECYCLING MARKET – EXECUTIVE SUMMARY

GLOBAL PLASTIC RECYCLING MARKET OUTLOOK / MARKET OVERVIEW

Introduction

Dynamics

Drivers

Increasing Use Of Plastic In The Packaging Industry

Government Support For Recycling Plastic

Impact Of Plastic Disposal On The Environment

Countries

Restraints

Lack Of Awareness Regarding Recycling

Opportunities

Ban On Import Of Plastic Waste By Emerging Economies

Use Of Recycled Plastic In Various Industries

Challenges

Porters Five Force Model

Moderate-to-high bargaining power of suppliers
Moderate-to-high threat of new entrants
Moderate threat of substitutes
High-to-moderate intensity of rivalry
Moderate bargaining power of buyers

GLOBAL PLASTIC RECYCLING MARKET- INDUSTRY INSIGHTS

Introduction

Industry trends

Strategic benchmarking

Pricing analysis

Value chain analysis

Ecosystem analysis

Patent analysis

Trade analysis

IMPACT OF COVID-19 ON THE GLOBAL PLASTIC RECYCLING MARKET

GLOBAL PLASTIC RECYCLING MARKET BY TYPE

Polyethylene Terephthalate (PET)

Polyethylene (PE)

Polypropylene (PP)

Polyvinyl Chloride (PVC)

Polystyrene (PS)

Others.

GLOBAL PLASTIC RECYCLING MARKET BY SOURCE

Bottles

Films

Fibers

Foams

Others.

GLOBAL PLASTIC RECYCLING MARKET BY METHOD

Thermal

Chemical

Mechanical

Landfill

GLOBAL PLASTIC RECYCLING MARKET BY END-USER

Packaging

Building & Construction

Textile

Automotive

Electrical & Electronics

Others.

GLOBAL PLASTIC RECYCLING MARKET BY GEOGRAPHY

Overview

North America

U.S.

Canada

Mexico

Europe

Germany

U.K.

France

Rest of Europe

Asia Pacific

China

Japan

India

Rest of Asia Pacific

Rest of the World

Latin America

Middle East & Africa

COMPETITIVE LANDSCAPE

Introduction

Footprint analysis of the top players in the global plastic recycling market

Product & service portfolio matrix

Market share analysis

Company evaluation quadrant

Company evaluation quadrant for start-ups/smes

Competitive scenario

COMPANY PROFILES

(Business overview, Products & services offered, Recent Developments, Competitive analysis, SWOT Analysis,)

  1. Advanced Drainage Systems, Inc.
  2. B & B Plastics Recycling, Inc.
  3. Schoenberg & Co., Inc.
  4. Carbonlite, Inc.
  5. Clear Path Recycling, LLC
  6. Custom Polymers, Inc.
  7. Envisison Plastics
  8. Green-O-Tech India
  9. Jayplas
  10. Kuusakoski Oy
  11. KW Plastics
  12. MBA Polymers, Inc.
  13. NAM Polymers Inc.
  14. Norwich Plastics®
  15. PARC Corporation
  16. Plasgran Ltd.
  17. Plastic Recycling Inc.
  18. Plastipak Holdings, Inc.
  19. Seraphim Plastics LLC
  20. Suez
  21. UltrePET, LLC
  22. United Plastic Recycling
  23. Veolia Environnement S.A.

and others.

APPENDIX

Discussion guide

Available customizations

Related reports

 

 

Methodology

Research Methodology is the process used to collect information and data for the purpose of making business decisions. The success of a research project is entirely dependent on the research methodology adopted by the company. Research Methodology and Scope We have implemented a mix of primary and secondary research for our market estimate and forecast. Secondary research formed the initial phase of our study, where we conducted extensive data mining, referring to verified data sources such as independent studies, company annual reports, white papers, case studies, government and regulatory published articles, technical journals, magazines, and paid data sources. It was also used to obtain important information about the key players and market classification & segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives. A database of the key industry leaders was also prepared using secondary research.

In the primary research process, various primary sources from both supply and demand sides have been interviewed to obtain qualitative and quantitative information important for respective regions. The primary sources from the supply side included industry experts such as CEOs, VPs, marketing directors, technology and innovation directors, and related executives from key companies and organizations operating in the respective regions. The primary data has been collected through questionnaires, e-mails, and telephonic interviews, end-user surveys, consumer surveys, technology distributors and wholesaler’s surveys.

  • Quantitative methods (e.g. surveys) are best for measuring, ranking, categorizing, identifying patterns and making generalizations
  • Qualitative methods (e.g. interviews) are best for describing, interpreting, contextualizing, and gaining in-depth insight into specific concepts or phenomena
  • Mixed methods allow for a combination of numerical measurement and in-depth exploration.

Market drivers and restraints, along with their current and expected impacts, technological scenario and expected developments, end-use industry trends and dynamics  and consumer behavior trends  these forecasting parameters were considered.

Ethical approach, attention to detail, consistency, latest trend in the market and highly authentic source these are benefits of company’s research methodology.

Global Industry Reports

Market size estimation methodology top-down and bottom-up approaches

Both top-down and bottom-up approaches have been used to estimate and validate the total size of the virtual reality market. These methods have also been extensively used to estimate the sizes of various market subsegments. Estimating the size of the market in each region by adding the sizes of country-wise markets and tracking the ongoing and upcoming implementation of virtual reality projects by various companies in each region and forecasting the size of the virtual reality market based on these developments and other critical parameters, including COVID-19 related impacts

Data Triangulation

After arriving at the overall market size—using the market size estimation processes explained above—the market has been split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation, and market breakdown procedures have been employed, wherever applicable. The data has been triangulated by studying various factors and trends from both the demand and supply sides. It provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, company profiles, key player strategies competitive developments and key developments) influencing the virtual reality market growth.

Statistical Model

Our market estimates and forecasts are derived through simulation models. A unique model is created customized for each study. Gathered information for market dynamics, technology landscape, application development and pricing trends is fed into the model and analyzed simultaneously. These factors are studied on a comparative basis, and their impact over the forecast period is quantified with the help of correlation, regression and time series analysis.

Frequently Asked Questions ?

The major players in the Global Plastic Recycling Market are Advanced Drainage Systems, Inc.; B & B Plastics Recycling, Inc.; B. Schoenberg & Co., Inc.; Carbonlite, Inc.; Clear Path Recycling, LLC; Custom Polymers, Inc.; Envisison Plastics; Green-O-Tech India; Jayplas; Kuusakoski Oy; KW Plastics; MBA Polymers, Inc.; NAM Polymers Inc.; Norwich PlasticsÂ; PARC Corporation; Plasgran Ltd.; Plastic Recycling Inc.; Plastipak Holdings, Inc.; Seraphim Plastics LLC; Suez; UltrePET, LLC; United Plastic Recycling; Veolia Environnement S.A.and others.

The growing utility of recyclable packages can prompt the global plastic recycling market expansion.

North America plastic recycling market growth can spur due to high utility of PET.

North America is expected to grow at the fastest pace due to the high utility of PET.

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