Global Recycled Plastic Market Outlook - Aarkstore Enterprise

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Global Recycled Plastic Market Outlook

•  Chemicals  Chemical and Materials 

Published Date Jan 2018
No. of Pages 290
Country Global
Category Chemical and Materials
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Market Overview

• Over 300 million tons of plastics are produced
  every year however, out of these only 10
  plastics are recycled and rest are only
  increasing level of landfills. Rising pollution
  and awareness among consumers are growing the
  need for recycling technologies which can
  increase the production of recycled plastics
  andreduce the pollution cause by plastic waste.

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Market Overview

• Governments are also taking several initiatives
  to promote the recycling of plastic wastes. For
  instance, under the Plastics Industry Recycling
  Action Plan (PIRAP) the UK government is aiming
  to increase the plastic packaging recycling up to
  57 by the end of 2050. Currently over 5 million
  tons of plastic is used in the UK every year and
  nearly 29 is recycled or recovered. Moreover,
  several companies are also taking initiatives to
  reduce the plastics and implying advance plastic
  recycling technologies. For instance, under the
  Unilever Sustainable Living Plan, Unilever has
  targeted to increase their utilization of
  recycled plastic for packaging up to 25 by 2025.
  In 2015, across all the Unilievers manufacturing
  operations, the company sends zero non-hazardous
  waste to landfill which was a commendable
  approach towards saving the environment. Such
  initiatives are expected to embellish the demand
  for recycled plastics in the near future.

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Market Segmentation
BASED ON RESIN TYPE
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Market Segmentation
Based on Source of Plastics
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Market Segmentation
Based on End-User
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Major Regions
Asia-Pacific 
Europe
North America
Middle East Africa
Latin America 
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Major Players in Recycled Plastic
CarbonLite Industries Avangard Innovative
Schoenberg Co. Inc. Custom Polymers Inc.
Delta Plastics UltrePET Advanced
Environmental Recycling Technologies
PolyPrime ORBIS Marmax Products Worldwide
Recycler Services Kuusakoski Oy Plasgran
Ltd. Envisison Plastics KW plastics 
Mohawk Industries Incorporated  Greentech 
Hahn Plastics  OOTONE PLASTIC  Ripro
Corporation APR2 Plast  Recycling
Technologies Enval Sadako Technologies Da
Fon Environmental Techology Jiangsu
Zhongsheng Shandong Power Plastic 
FuqingTopway Plastics Industrial 
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Market Drivers and Challenges

• Plastics can be easily molded into any shape and
  can be utilized in wide range of applications
  owing to its lightweight and durability. These
  features of plastic are increasing theimport of
  plastic scrap and new scope for recycling thereby
  expanding the recycled business across the
  globe.In 2016, over 480 billion of plastic
  bottles were sold around the world. However, only
  minute share of recycled bottles are used to make
  new bottles. Companies such as Coca-Cola,
  PepsiCo, Danone,Suntory,Nestle and
  DrPepperSnapple only utilize nearly 6.5 of
  plastic for their products from recycled
  material. Less utilization of recycled plastics
  by food beverage industry is likely to hinder
  the growth of recycled plastic market. One of the
  major challenges which plastic recycling industry
  is facing is mixed plastic waste and
  non-compatibility of various plastic products
  with each other. Moreover, complexity at
  collecting and sorting stage of plastics is also
  creates challenges in the development and
  recycling of plastics.

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BROWSE FULL MARKET REPORT

• Global Recycled Plastic Market Outlook
• Related Market Research Reports
• Chemicals Market Research Reports
• Chemical and Materials Market Research Reports

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