Title: Global Recycle palstic market Share, size, Price Trends And Forecast 2017-2022
1 Global Recycled Plastics Market Boosted by
Growing Environmental Awareness
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3Report Description and Highlights
Report Description
Global Recycled Plastics Market Boosted by
Growing Environmental Awareness The global
recycled plastics market has witnessed a healthy
growth over the past few years. Some of the major
driving factors include rising environmental
awareness and government initiatives aimed to
reduce carbon emissions. According to IMARC
Groups latest report, titled Recycled Plastics
Market Global Industry Trends, Share, Size,
Growth, Opportunity and Forecast 2017-2022,
the global recycled plastics market reached a
value of around US 37 Billion in 2016. As
plastic waste is non-biodegradable, it is
essential to recycle plastic and reduce solid
waste in the environment. Plastic recycling is
the process in which selective scraps of plastic
are reprocessed into new products instead of
using virgin resin. This process includes
collection of scraps, sorting, shredding,
cleaning, melting and making of plastic pellets.
This recycled plastic is then used in the
manufacturing of several products such as toys,
bags, plastic chairs, toothbrushes, etc Request
Sample of the Report http//www.imarcgroup.com/
request?typereportid841flagB
4Report Description and Highlights
Report Description
5Report Description and Highlights
Report Description
- Highlights of the global recycled
plastics market - The rising awareness about carbon emissions among
the consumers is the major driver of the market. - On the basis of type, Polyethylene Terephthalate
(PET) accounts for the majority of the market
share. - North America holds the majority of the global
share, representing the largest market. - The production of plastic emits huge amounts of
carbon dioxide emission in the environment,
thereby increasing the level of greenhouse gases
in the air. Rising environmental awareness among
the consumers worldwide is spurring the demand
for recycled plastic products. Further, recycling
of plastic reduces oil usage and the amount of
discarded waste. On account of this, the recycled
plastic market has witnessed a surge. Moreover,
government initiatives in numerous countries
aimed to reduce carbon emissions and
non-biodegradable plastic waste are further
contributing to the growth of the market. Owing
to these factors, the market is anticipated to
reach a value of US 51 Billion by 2022,
registering a CAGR of 6 during 2017-2022. - Read full report _at_ http//www.imarcgroup.com/recyc
led-plastics-market
6Report Description and Highlights
Report Description
- The market has been segregated on the basis of
type. Currently, Polyethylene Terephthalate (PET)
accounts for the majority of the global market
share. It is followed by High Density
Polyethylene (HDPE), Polypropylene (PP) and Low
Density Polyethylene (LDPE). The market has been
further segmented on the basis of raw materials.
The major raw materials used in the production of
recycled plastics include bottles, rigid plastic
and foam, bags and films, and carpets and fibres.
On the basis of applications, non-food contact
packaging is the leading segment, followed by
food contact packaging, construction and
automotive. Region-wise, North America represents
the biggest market, accounting for the majority
of the global share. Other major regions include
Europe, Asia Pacific, Latin America, and Middle
East and Africa. On evaluating the competitive
landscape of the market, it is found that the key
players include Avangard Innovative LP, B.
Schoenberg and Co., Inc., Delta Plastics,
UltrePET LLC, and CarbonLITE Industries. - The report has examined the global recycled
plastics market on the basis of - Plastic Type
- Polyethylene Terephthalate (PET)
- High Density Polyethylene (HDPE)
- Polypropylene (PP)
- Low Density Polyethylene (LDPE)
- Others
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-
-
7Report Description and Highlights
Report Description
- Raw Material
- Bottles
- Rigid Plastics and Foam
- Bags and Films
- Carpets and Fibres
- Others
- Application
- Non-Food Contact Packaging
- Food Contact Packaging
- Construction
- Automotive
- Others
- Region
- North America
- Europe
- Asia Pacific
8Report Description and Highlights
- Latin America
- Middle East and Africa
- Major Manufacturers
- Avangard Innovative LP
- B. Schoenberg and Co., Inc.
- Delta Plastics
- UltrePET LLC
- CarbonLITE Industries
- Browse More Related Report _at_ http//www.imarcgrou
p.com/categories/packaging-market-reports
9Report Description and Highlights
Report Description
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