Recycled Plastics Market Overview, Trends, Segmentation, Application and Forecast to 2024

1. Global Recycled Plastics Market Research Report and Forecast 2024 Report Edition: 2019 Copyright © IMARC Service Pvt Ltd. All Rights Reserved © 2019 IMARC All Rights Reserved

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3. Report Description and Highlights Report Description Global Recycled Plastics Market Overview: According to the latest report by IMARC Group, titled “Recycled Plastics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global recycled plastics market size reached US$ 35.4 Billion in 2018. Plastic recycling refers to the resource-efficient utilization of plastic waste by reprocessing it into functional and useful products. It helps to optimize the lifespan of plastics by recycling and reusing them and involves various processes like collecting, sorting, shredding, washing, melting and pelletizing. Today, it has become essential to recycle all plastic waste as it is toxic and harmful for both human health and the environment. Global Recycled Plastics Market Trends: Recycled plastics reduce the rate of plastic pollution, help to conserve resources and divert plastics from landfills and other water bodies, and utilize lesser energy than new virgin polymers. These benefits, along with the growing awareness about sustainability and consciousness regarding environment protection across the globe, have created a positive impact on the industry. Furthermore, the continuous support by the governments of various countries for recycling and processing plastic waste will continue to provide a significant thrust to the market growth in the coming years.

4. Report Description and Highlights Report Description 186.5 181.2 120.2125.5130.8136.1141.4146.7152.0157.3 175.9 170.6 160 180 165.3 160.0 160 140 140 120 In Billion US$ in Billion US$ 120 100 100 80 80 60 60 40 40 20 20 0 0 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 As a result, several advancements have been made to develop innovative technologies that will help to improve the management and processing of plastic waste and allow for a wider variety of plastic to be recycled into high-quality resins. Looking forward, the market value is projected to reach US$ 50.5 Billion by 2024, growing at a CAGR of 6.1% during 2019-2024. Request for a free sample report: https://www.imarcgroup.com/recycled-plastics- market/requestsample

5. Report Description and Highlights Report Description Key Market Segmentation: Market Segmentation by Plastic Type • • • • • Polyethylene Terephthalate (PET) High Density Polyethylene (HDPE) Polypropylene (PP) Low Density Polyethylene (LDPE) Others Based on the type, polyethylene terephthalate (PET) is the most popular type of recycled plastic. Other major segments include high density polyethylene (HDPE), polypropylene (PP), low density polyethylene (LDPE) and others. Market Segmentation by Application • • • Non-Food Contact Packaging Food Contact Packaging Construction

6. Report Description and Highlights Report Description • • Automotive Others The market has been categorized based on the application into non-food contact packaging, food contact packaging, construction, automotive and others. At present, recycled plastics are mostly used for non-food contact packaging. Market Segmentation by Raw Material • • • • • Plastic Bottles Plastic Films Rigid Plastic and Foam Fibres Others On the basis of the raw material, the market has been segregated into plastic bottles, plastic films, rigid plastic and foam, fibers and others. Amongst these, plastic bottles currently account for the majority of the total market share.

7. Report Description and Highlights Report Description For more information, click here: https://www.imarcgroup.com/recycled-plastics-market Market Segmentation by Region • • • • • North America Europe Asia Pacific Latin America Middle East and Africa Region-wise, North America exhibits a clear dominance in the market. Other major regions are Asia Pacific, Europe, Middle East and Africa, and Latin America. Competitive Landscape: The competitive landscape of the market has also been examined with some of the key players. • Avangard Innovative

8. Report Description and Highlights Report Description • • B. Schoenberg & Co., Inc. Delta Plastics Browse Related Report Vietnam Recycled Plastics Market Report: https://www.imarcgroup.com/vietnam-recycled-plastics- market Europe Recycled Plastics Market Report: https://www.imarcgroup.com/europe-recycled-plastics- market

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11. Report Description and Highlights Report Description © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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