recycled plastics market

1. Recycled Plastics Market To Reach USD 66.74 Billion By 2026

2. Market Summary According to the current analysis of Reports and Data, the global Recycled Plastics Market was valued at USD 40.26 Billion in 2018 and is expected to reach USD 66.74 Billion by year 2026, at a CAGR of 6.5%. Recycled plastics are resins that are manufactured by reusing waste plastic products. They are produced by recovering plastic scraps and wastes and then reprocessing them into useful products. It can be defined as the process of cleaning, sorting and processing pre-consumer or post-consumer plastic wastes into resins for various applications. Most of the plastics are non-biodegradable in nature. Thus, the only way to dispose these plastics is to recycle them. With the rising awareness, there has been a growth in the demand for this market. The resins manufactured from the plastic wastes can be used for several purposes. This versatility of application makes it an attractive option. Further key findings from the reportsuggest: • Rising awareness about the environmental concerns has been a key driving factor for the market. Some of the other key factors include versatility of application, low costs and strong frameworks for energy conservation. • Virgin plastics are the main competition to the Recycled Plastics Market. However, the non- biodegradability of the virgin plastics has worked in favor of the Recycled Plastics Market thus boosting the demand for the same.

3. Market Summary Key Players: W. Plastics, SUEZ, B&B Plastics, Recycled Plastics Industries, B. Schoenberg & Co., Inc. and Green Line Polymers. Segmentation: Type (Revenue, USD Million; 2016–2026) • Polyethylene terephthalate(PET) • Polyethylene (PE): • Polypropylene (PP) • Polystyrene (PS) • Poly Vinyl Chloride (PVC) Application (Revenue, USD Million; 2016–2026) • Packaging • Textiles • Furniture • Electricals Fill in your details to get your hands on an Exclusive Sample of this Report @https://www.reportsanddata.com/sample-enquiry-form/1528

4. Market Summary Regional Outlook for Industrial Filters Market analyses the following geographies: North America (United States, Canada, and Mexico) Europe (Germany, France, UK, Russia, and Italy) Asia-Pacific (China, Japan, Korea, India, and Southeast Asia) South America (Brazil, Argentina, Colombia, etc.) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa) Avail this report at Attractive Discount rates! Click here to know more @ https://www.reportsanddata.com/discount-enquiry-form/1528

5. Major highlights of the report: An all-inclusive evaluation of the parent market • The evolution of significant market aspects • Industry-wide investigation of market segments • Assessment of the market value and volume in the past, present and forecast years • Market share evaluation • Study of niche industrial sectors • Tactical approaches of the market leaders • Lucrative strategies to help companies strengthen their position in the market •

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