Global Recycled Plastic Market Outlook - Aarkstore Enterprise

1. Global Recycled Plastic Market Outlook Chemicals » Chemical and Materials » Web – www.aarkstore.com | Phone -  +91 9987295242 | Mail Us – contact@aarkstore

2. Market Overview Over 300 million tons of plastics are produced every year however, out of these only 10% plastics are recycled and rest are only increasing level of landfills. Rising pollution and awareness among consumers are growing the need for recycling technologies which can increase the production of recycled plastics andreduce the pollution cause by plastic waste. Web – www.aarkstore.com | Phone -  +91 9987295242 | Mail Us – contact@aarkstore

3. Market Overview Governments are also taking several initiatives to promote the recycling of plastic wastes. For instance, under the Plastics Industry Recycling Action Plan (PIRAP) the UK government is aiming to increase the plastic packaging recycling up to 57% by the end of 2050. Currently over 5 million tons of plastic is used in the UK every year and nearly 29% is recycled or recovered. Moreover, several companies are also taking initiatives to reduce the plastics and implying advance plastic recycling technologies. For instance, under the Unilever Sustainable Living Plan, Unilever has targeted to increase their utilization of recycled plastic for packaging up to 25% by 2025. In 2015, across all the Uniliever’s manufacturing operations, the company sends zero non-hazardous waste to landfill which was a commendable approach towards saving the environment. Such initiatives are expected to embellish the demand for recycled plastics in the near future. Web – www.aarkstore.com | Phone -  +91 9987295242 | Mail Us – contact@aarkstore

4. Market Segmentation BASED ON RESIN TYPE Web – www.aarkstore.com | Phone -  +91 9987295242 | Mail Us – contact@aarkstore

5. Market Segmentation Based on Source of Plastics Web – www.aarkstore.com | Phone -  +91 9987295242 | Mail Us – contact@aarkstore

6. Market Segmentation Based on End-User Web – www.aarkstore.com | Phone -  +91 9987295242 | Mail Us – contact@aarkstore

7. Major Regions Asia-Pacific  Europe North America Middle East & Africa Latin America  Web – www.aarkstore.com | Phone -  +91 9987295242 | Mail Us – contact@aarkstore

8. Major Players in Recycled Plastic • CarbonLite Industries • Avangard Innovative• Schoenberg & Co. Inc.• Custom Polymers Inc.• Delta Plastics• UltrePET• Advanced Environmental Recycling Technologies• PolyPrime• ORBIS• Marmax Products• Worldwide Recycler Services• KuusakoskiOy• Plasgran Ltd.• Envisison Plastics• KW plastics  • Mohawk Industries Incorporated • Greentech• Hahn Plastics • OOTONE PLASTIC • Ripro Corporation• APR2 Plast• Recycling Technologies• Enval• Sadako Technologies• DaFon Environmental Techology• JiangsuZhongsheng• Shandong Power Plastic • FuqingTopway Plastics Industrial  Web – www.aarkstore.com | Phone -  +91 9987295242 | Mail Us – contact@aarkstore

9. Market Drivers and Challenges Plastics can be easily molded into any shape and can be utilized in wide range of applications owing to its lightweight and durability. These features of plastic are increasing theimport of plastic scrap and new scope for recycling thereby expanding the recycled business across the globe.In 2016, over 480 billion of plastic bottles were sold around the world. However, only minute share of recycled bottles are used to make new bottles. Companies such as Coca-Cola, PepsiCo, Danone,Suntory,Nestle and DrPepperSnapple only utilize nearly 6.5% of plastic for their products from recycled material. Less utilization of recycled plastics by food & beverage industry is likely to hinder the growth of recycled plastic market. One of the major challenges which plastic recycling industry is facing is mixed plastic waste and non-compatibility of various plastic products with each other. Moreover, complexity at collecting and sorting stage of plastics is also creates challenges in the development and recycling of plastics. Web – www.aarkstore.com | Phone -  +91 9987295242 | Mail Us – contact@aarkstore

10. BROWSE FULL MARKET REPORT Global Recycled Plastic Market Outlook RelatedMarket Research Reports – Chemicals Market Research Reports Chemical and Materials Market Research Reports Web – www.aarkstore.com | Phone -  +91 9987295242 | Mail Us – contact@aarkstore

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