Title: Plastic Waste Management Market Forecast 2021 - 2026
1Plastic Waste Management MarketMarket size,
Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report (2021-2026)
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- Plastic Waste Management Market size is expected
to be valued at US30.5 billion by the end of the
year 2026 and the market is set to grow at a CAGR
of 3.05 during the forecast period from
2021-2026. Plastic recycling helps in providing
value-added benefits to the plastic by making
them less toxic. - Recycled plastics can also be used for various
sustainable packaging solutions such as bottles,
containers, bags, films and other packaging
products. - The trend of reprocessing waste materials
and recovering waste plastics has been on the
increase, owing to the many benefits associated
such as reduced number of wastes sent to
landfills incinerators, conserving natural
resources and preventing environmental pollution.
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- Key Takeaways
- Asia-Pacific market held the largest share in the
plastic waste management market owing to the
growing population and increasing disposable
income which is leading to the generation of
solid waste in countries like India, China and
Japan. This is increasing the scope
for integrated waste management activities in the
region. - The growing commercial spaces such as malls,
hospitals, educational institutions, restaurants
and others is contributing to the creation of
plastic wastes which is, in turn, increasing the
opportunities for disposal management and plastic
waste management market.
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By Distribution Channel- Segment
Analysis Industrial waste segment held the
largest share of 43 in the plastic waste
management market in the year 2020. Industrial
waste is the waste and unused items generated by
manufacturing or industrial process. The increase
in the presence of factories and manufacturing
units across the globe is one of the biggest
factors contributing to the creation of plastic
wastes and other industrial wastes. Industrial
wastes also generate plastic waste solution which
produces highly toxic contaminants and pollutants
into the type of resource, it is released into
such as water, air and soil. The increase in the
number of plastic production across the world is
increasing the plastic waste generated from such
manufacturing units. According to UN Environment
Programme report, more than 300 million tonnes of
plastic waste is produced every year.
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- Plastic Waste Management Market Outlook
- Advanced Environmental Recycling Technologies
Inc. - Custom Polymers Inc.
- KW Plastic Inc.
- Clear Path Recycling
- Shanghai Pret Composites Co. Ltd.
- Republic Services Inc.
- Reprocessed Plastic Inc.
- Biffa Plc
- 4G Recycling Inc.
- The WasteCare Group and B.Schoenberg CO., INC.
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Plastic Waste Management Market - Industry
Analysis, Market Size, Share, Trends,Application
Analysis, Growth and Forecast 2021 - 2026 Learn
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.com/Report/15174/plastic-waste-management-market.
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- Analyst Briefing
- Data Tables
- Key Contacts
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