Market Overview: Plastic Recycling Market FY2024-2030

This reports provides an essential and dependable overview of the Plastic Recycling Market, serving as a guide for stakeholders navigating the industry’s future trajectory. It covers critical aspects, guiding through challenges and opportunities, shedding light on the market landscape, key insights, driving forces, major competitors, regulatory framework, potential growth, ongoing trends, supply chain dynamics, evolving policies, segments and prominent players.

Plastic Recycling Market Report Coverage Details:

Base Year: 2023
Historical Data: 2018-22
Forecast Period: 2024-2030
CAGR: 8.72% (2024-2030)

The Global Plastic Recycling Market size is valued at nearly USD 32.9 billion in 2023 & is predicted to reach about USD 59.23 billion by 2030. Along with this, the market is also estimated to grow at a CAGR of about 8.72% during the forecast period, i.e., 2024-30.

In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2025 to 2030, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.

Boost strategic growth with in-depth market analysis – Get a free sample preview today!- https://www.marknteladvisors.com/query/request-sample/global-plastic-recycling-market.html

Plastic Recycling Market Opportunity:

Advancing Technologies & Government Initiatives Creating Opportunities – The rapidly growing emphasis on advancing plastic recycling technologies, the increasing demand for recycled PET & HDPE, and the expanding utilization of recycled plastic across various industries are poised to create significant market opportunities for key industry players in the coming years. The swift pace of research & development initiatives undertaken by governments worldwide, with a focus on discovering effective and innovative approaches to plastic recycling & waste management. For instance:

In 2022, The US Department of Energy (DOE) announced USD 13.4 million in funding for next-generation plastics technologies to reduce the energy consumption and carbon emissions of single-use plastics.

These developments represent promising avenues for businesses operating in the plastic recycling sector to capitalize on the growing investment & commitment to sustainable practices, consequently driving the market growth in the forecast years.

Plastic Recycling Market Segmentation Analysis – FY2024-2030

Discover a comprehensive evaluation of every segment and its subdivisions, allowing our clients to gain a deep understanding of the Plastic Recycling Market (2024-2030). We prioritize uncovering the pivotal factors that presently drive and will shape the industry’s growth moving forward. Our goal is to empower our esteemed clients by optimizing their end-user positioning and revenue generation through a thorough analysis of market size, share and all the latest market scope across diverse segmentation categories.

The Plastic Recycling Market segmentation is enlisted below:

By Source

Bottles- Market Size & Forecast 2019-2030, USD Million
Films- Market Size & Forecast 2019-2030, USD Million
Fibers- Market Size & Forecast 2019-2030, USD Million
Foams- Market Size & Forecast 2019-2030, USD Million

By Plastic Type

Polyethylene Terephthalate (PET) – Market Size & Forecast 2019-2030, USD Million
Polyethylene (PE)- Market Size & Forecast 2019-2030, USD Million
Polypropylene (PP)- Market Size & Forecast 2019-2030, USD Million
Polyvinyl Chloride (PVC)- Market Size & Forecast 2019-2030, USD Million
Polystyrene (PS)- Market Size & Forecast 2019-2030, USD Million

By Type

Post-consumer Recyclates- Market Size & Forecast 2019-2030, USD Million
Industrial Recyclates- Market Size & Forecast 2019-2030, USD Million

By Process

Mechanical Recycling – Market Size & Forecast 2019-2030, USD Million
Chemical Recycling – Market Size & Forecast 2019-2030, USD Million

Buy specific sections of the report directly from the Table of Contents https://www.marknteladvisors.com/research-library/global-plastic-recycling-market.html

By Application

Packaging- Market Size & Forecast 2019-2030, USD Million
Building & Construction- Market Size & Forecast 2019-2030, USD Million
Textiles- Market Size & Forecast 2019-2030, USD Million
Automotive- Market Size & Forecast 2019-2030, USD Million
Electrical & Electronics- Market Size & Forecast 2019-2030, USD Million

By Region

North America
South America
Europe
The Middle East & Africa
Asia-Pacific

Plastic Recycling Market Competitive Landscape

Veolia, Suez, KW Plastics, Jayplas, B. Schoenberg & Co., B&B Plastics, Green Line Polymers, Clear Path Recycling, Custom Polymers, and Plastipak Holdings.

Plastic Recycling Industry News:

2023: Veolia and Lyondell Basell restructure their plastics recycling joint venture QCP to build a profitable circular and low carbon solutions business, to meet customer demand for more sustainable products and solutions.

Request Customization – https://www.marknteladvisors.com/query/request-customization/global-plastic-recycling-market.html

Key Report Highlights

Market Dimensions & Projections
Pricing Evaluation,
Recent Strategic Moves by Companies,
Primary Stakeholders,
Analysis of Import and Export Trends,
Competitive Landscape Assessment,
Emerging Opportunities,
Market Trends and Indicators

*Reports Delivery Format – Market research studies from MarkNtel Advisors are offered in PDF, Excel and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address.

About Us:

MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

Our Expertise is here to assist you : https://www.marknteladvisors.com/query/talk-to-our-consultant/global-plastic-recycling-market.html

Call Us – US Office: +1 628 895 8081, India Office: +91 120 4278433

Email – sales@marknteladvisors.com

Address Sales Office: 564 Prospect St, B9, New Haven, Connecticut, USA-06511

Address Corporate Office: Office No.109, H-159, Sector 63, Noida, Uttar Pradesh-201301, India

Follow us – Facebook| LinkedIn| Twitter| Pinterest