The latest research report by Emergen Research, named ‘Global Plastics Recycling Market – Forecast to 2030. The coronavirus outbreak has led to drastic changes in the current Plastics Recycling Market business landscape, limiting the growth opportunities for various manufacturers and buyers for the next few years. Besides making speculations about the market’s post-COVID-19 scenario, the report discusses its existing situation. The report eventually offers conclusive data related to the Plastics Recycling Market growth assessed on both regional and global levels.
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.
To know more about the report, visit @ https://www.emergenresearch.com/industry-report/plastics-recycling-market
Key participants 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.
Covid 19 impact analysis:
the report takes into account the current COVID-19 impact on the global economy and this particular business sector. The globalPlastics Recycling Market growth has been extensively hampered by the current economic situation triggered by the COVID-19 pandemic. The pandemic has led to some devastating effects on the global economy, besides disrupting the functioning of thePlastics Recycling Market industry. It offers an exhaustive analysis of the present and future effects of the pandemic on this business sphere.
The market intelligence report offers a panoramic view of the globalPlastics Recycling Market industry, with a special focus on the regional bifurcation and competitive landscape. Crucial information pertinent to the latest industrial growth trends, technological advancements, product offerings, production capacity, demand and supply ratio, and estimated growth rate have been included in this report.
To get a sample copy of the global Plastics Recycling Market report, visit @ https://www.emergenresearch.com/request-sample/1051
Key Reasons to Buy This Report:
- The report presents a thorough examination of the Plastics Recycling Market , elaborating on its core segments. The report conducts historical and future assessments of the market dynamics and offers precise data in a well-organized order.
- The report evaluates the most prominent market growth potentials, dynamic market trends, driving factors, restraints, investment opportunities, and threats.
- The report is inclusive of an in-depth study of the industry variables, manufacturers’ value chain, sales volume, market share, competitive landscape, and effective business tactics.
- The report further identifies the key regions and segments dominating the market. These regions are foreseen to register fast-paced growth over the forecast duration.
Objectives of the Global Plastics Recycling Market Study:
An in-depth study of the evolving market sectors and the growth & penetration status of the global Plastics Recycling Market
COVID-19 Impact Analysis to highlight the major opportunities and challenges
Strategic recommendations to help readers formulate lucrative business strategies
Identification of the emerging players and their tactical approaches to expand market presence
An extensive study of the product portfolios of the major market players and their regional presence
A closer look at the strategic initiatives undertaken by the leading companies across this industry, including mergers & acquisitions, collaborations, partnerships, and joint ventures
Emergen Research has segmented the global plastics recycling market based on product type, source, end-users, and region:
· Product Type Outlook (Revenue, USD Billion; 2019–2030)
- Polyethylene Terephthalate
- Polyvinyl Chloride
· Source Outlook (Revenue, USD Billion; 2019–2030)
· End-Use Outlook (Revenue, USD Billion; 2019–2030)
- Building & Construction
- Electrical & Electronics
Highlights of the Table of Contents:
Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.4. Research Sources
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2022–2030
Chapter 3. Key Insights
Chapter 4. Plastics Recycling Market Segmentation & Impact Analysis
4.1. Industrial Outlook
4.1.1. Market indicators analysis
4.1.2. Market drivers analysis
220.127.116.11. Growing preference of consumers for cashless transactions
18.104.22.168. Increasing adoption of AI, VR and AR to enhance shopping experience
22.214.171.124. Increasing usage of robots and automation in retail stores
4.1.3. Market restrains analysis
126.96.36.199. Increasing possibilities of cyberattacks
188.8.131.52. High Maintenance cost of advanced computing systems and latest software
4.2. Technological Insights
4.3. Regulatory Framework
4.4. Porter’s Five Forces Analysis
4.5. Competitive Metric Space Analysis
4.6. Price trend Analysis
4.7. COVID-19 Impact Analysis
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About Emergen Research :
Emergen Research is a Market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer Market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.