Plastic Waste Management Industry

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Plastic Waste Management Industry Research Report
By Forecast To 2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
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Plastic Waste Management Industry Research Report
- Forecast to 2023
Plastic Waste Management Industry Information by
Service Equipment (Collection, Recycling,
Incineration, Disposal), Polymer (PP, LDPE,
HDPE), Source (Commercial, Residential,
Industrial), End-Use Sector (Packaging,
Construction, Textile) and by Region - Global
Forecast to 2023.
The Plastic Waste Management Industry is deemed
to experience a moderate CAGR of 3 during the
review period (2017-2023), asserts Market
Research Future (MRFR). Plastic has recently
emerged as an indispensable component for various
applications. Along with it, an increasing
awareness can also be witnessed regarding the
plastic waste management as it supports the
restoration of fossil fuel energy. Various
market players are now implementing innovations
and opening up several avenues for the market to
prosper. For instance, Veolia has joined hands
with Plastic Odyssey to design a catamaran
entirely driven by energy produced by plastic
waste. SUEZ and the CAPEB have recently signed a
contract to increase awareness among the building
contractors to effectively promote waste
management. The key market players are SUEZ
Environnement Company (France), Republic Services
Inc. (U.S.), Waste Management Inc. (U.S.), Veolia
Environnement S.A. (France), Stericycle Inc.
(U.S.), Remondis SE Co. KG (Germany), ADS Waste
Holdings, Inc. (U.S.), and others.
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Plastic Waste Management Industry Research Report
- Forecast to 2023
Drivers and Restraints
Growing ecological concern has led to the
adoption of plastic waste management worldwide.
This effective waste management method is ensured
to leave a minimal carbon footprint by saving
landfills and conserving up to 80 of the energy
for the production of new plastic-based
components. The industrial application for the
recycled plastic products can propel the market
of plastic waste management. Governments of
various nations are also showing a keen interest
in this plastic waste management procedure.
Hazards related to plastic usage has given rise
to concerns regarding its usage. Governments are
now imposing several stringent measures and
stipulations to lower the carbon footprint,
therefore, giving rise to the implementation of
plastic waste management. However, the existing
plastic recycling processes are complex and incur
high-cost. At the same time, the market requires
innovations to make the process simpler and more
effective to ease up the market advancements.
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Plastic Waste Management Industry Research Report
- Forecast to 2023
Segmentation
Plastic Waste Management Industry can be
segmented by source, service equipment,
polymer, and end-user. By source, the market can
be segmented into residential, commercial and
industrial. Residential segment dominated the
market in 2016 and given the current scenario it
can record a phenomenal growth in the coming
future. Rapid urbanization and increasing
adoption of waste management can ensure the top
spot for the segment. Service equipment
includes collection, recycling, incineration, and
disposal. Recycling has numerous advantages such
as cost reduction and conservation of power which
make it a popular choice for various end-user
industries. Therefore, the segment can experience
a spiraling expansion during the review
period. Polymer-wise the segment consists
polypropylene (PP), low-density polyethylene
(LDPE), high-density polyethylene (HDPE),
polyvinyl chloride (PVC), and others.
Polypropylene is widely available and cheap. Its
features make it a market-friendly component, and
it dominated the market in 2016. The segment is
to continue its dominance during the review
period as well. The end-user segment comprises
packaging, building construction, textile
clothing, automobile, and others. Packaging
sector has a vast application for plastics, and
even after the primary application, the sector
has a quick recycling solution for plastics. This
helps the sector dominate the market with great
fervor and can continue to do so during the
prognosis period.
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Plastic Waste Management Industry Research Report
- Forecast to 2023
Regional Analysis
The Plastic Waste Management Industry can be
segmented into North America, Europe, Asia
Pacific (APAC), and Rest-of-the-World
(RoW). Plastic waste management has proven
itself as a useful economic measure as it
generates much revenue for the government. In
Europe and North America, the sector is
well-established as the governments in these
regions have already implemented a number of
stringent regulations to curb the CO2 emission
rate. PlasticsEurope has recently announced a
strategy that would prohibit any plastic leakage
in the environment by harmonizing the policies of
various European nations by 2030. North America
is going to benefit much from Chinas ban on
waste imports including plastic. The ban will
enforce a strategic shift in North Americas
plastic recycling policies. APAC region is
currently experiencing a steady growth due to
unawareness and lackadaisical approach of the
governments in implementing necessary measures.
However, countries such as India China, Japan,
and South Korea are showing some positive steps.
India has launched a campaign Swachh Bharat to
reduce the amount of garbage produced and promote
recycling. Chinas ban on waste import has forced
developed countries to reconsider and check their
plastic addiction.
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Plastic Waste Management Industry Research Report
- Forecast to 2023
Objective of Studies

• To provide detailed analysis of the market
  structure along with forecast of the various
  segments and sub-segments of the Plastic Waste
  Management Industry
• To provide insights about factors affecting the
  market growth
• To analyze the Plastic Waste Management Industry
  based on various factors- price analysis, supply
  chain analysis, porters five force analysis etc.
• To provide historical and forecast revenue of the
  market segments and sub-segments with respect to
  four main geographies and their countries- North
  America, Europe, Asia, and Rest of the World
  (ROW)
• To provide country level analysis of the market
  with respect to the current market size and
  future prospective
• To provide country level analysis of the market
  for segment by type, by application, by end users
  and sub-segments.
• To provide strategic profiling of key players in
  the market, comprehensively analyzing their core
  competencies, and drawing a competitive landscape
  for the market
• To track and analyze competitive developments
  such as joint ventures, strategic alliances,
  mergers and acquisitions, new product
  developments, and research and developments in
  the Plastic Waste Management Industry

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