Recycled Plastic Market Size, Trends Analysis by Applications, Type & Segment Forecasts 2019 - 2025

1
Global Recycled Plastic Market

• Dynamics, Application Share, Growth, Vendor
  Competition, Trends and Forecast 2019-2025

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2
Recycled Plastic Market Size and Forecast
2019-2025

• Plastic recycling has become a significant part
  of recycling but it is a cumbersome declaration
  of plastic recycling as a success story
  especially from environmental perspective.
• Owing to the fact that less than 10 of plastic
  generation from the U.S. is recycled, as well the
  vigorously growing global challenge of ocean
  plastic and the long suffering environmental
  concerns of plastic shopping bags.
• The recycling rate for plastic bottles in the
  U.S. is near about 30 . Whereas in the United
  Kingdom, it's close to 20 to 45.
• When it comes to recycling plastic waste
  efficiently, Norway is ahead of the game. As a
  matter of, the Scandinavian nation has overtook
  the rest of the world by imparting efficient
  scheme that insanely recycles 97 of the all
  plastic bottles.
• With the help of an organization named Infinitum,
  Norway is able to recycle the plastic in most
  efficient and environmental friendly way that it
  could reuse the material at least 50 times. The
  outcomes are so satisfying and worthy that other
  countries have followed the suit.
• As we all know, creating new plastic is way
  cheaper than recycling old plastic. So companies
  may restrict themselves considering the lack of
  monetary benefits, therefore, Norway has created
  a model which is based on a loan scheme.
• Browse the complete report on https//www.adroitma
  rketresearch.com/industry-reports/recycled-plastic
  -market

3
Recycled Plastic Market Size and Forecast
2019-2025

• The scheme includes small additional fee to the
  consumer who buys a plastic bottle. The charges
  are reimbursed in number of ways. Users have
  option to take it to a reverse vending machine
  which give back the money after barcode scanning
  of the deposited bottle or return it to gas
  stations and small shops for store or cash
  credit.
• Geographically, dominating regions are Asia
  Pacific, Europe, North America, Latin America,
  and Middle East and Africa. China is anticipated
  to contribute nearly 50 of the global market
  alone at the end of 2025. Asia Pacific in
  importing recycled plastic scrap, with India also
  accounting for a notable share in the regional
  market.
• The global recycled plastic market is segmented
  into several classifications including end-user
  application, and geographic regions. Based on the
  end-user application the market is categorized by
  non-food contact packaging, food contact
  packaging, construction, and automotive. Whereas,
  geographically the market is widely range to
  America, APAC, and EMEA.
• Leading players of the global recycled plastic
  industry include Avangard Innotive, Carbon ITE
  Industries, UltrePET, Custom Polymers B.
  Schoenberg and more others.

4
Recycled Plastic Market Size and Forecast
2019-2025

• The charges are reimbursed in number of ways.
  Users have option to take it to a reverse
  vending machine which give back the money after
  barcode scanning of the deposited bottle or
  return it to gas stations and small shops for
  store or cash credit.
• Transnational consumer goods giants like Unilever
  has declared its commitment, where it will help
  transform global plastic packaging material flows
  by ensuring all of its plastic packaging is
  reusable, recyclable or compostable by 2025
  surging its use of recycled plastic content in
  its packaging to at least 25 by 2025.
• The latest trend grasping momentum in the
  recycled plastic market size is the increasing
  usage of recycle plastic in end-use industries.
  The concerns regarding contamination of plastic
  waste and disposal are driving the consumption of
  recycled plastics by various end-use industries.
• Purchase a single user copy of the Recycled
  Plastic Market report https//www.adroitmarketrese
  arch.com/researchreport/purchase/501

5
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