Middle East Recycled Plastics Market Recent Demand and Opportunity 2022-2026

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Middle East Recycled Plastics Market Recent
Demand and Opportunity 2022-2026

• Recycled plastics market was valued at US19.5 Bn
  in 2019 and is forecasted to reach US30.2 Bn in
  2026, registering a robust growth of 8.1 between
  2022 and 2026.

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The Middle East region is witnessing a
significant rise in the recycled plastics market
as it tackles waste issues and strives to achieve
a circular economy for plastics. With over 300
million tons of plastic consumed globally each
year, more than 50 of which is intended for
single-use purposes, the region has recognized
the urgent need to prioritize investments in the
recycling sector to combat plastic waste
pollution.Access Full Report
https//www.fairfieldmarketresearch.com/report/rec
ycled-plastics-marketIn recent years, the
recycled plastics market has experienced
substantial growth, driven by the increasing
demand from a wide range of end-users. The
cost-competitiveness of recycled plastics
compared to virgin counterparts has unlocked its
immense market potential worldwide. This shift
towards recycling plastic waste is proving to be
an effective solution to reduce waste and
contribute to the establishment of a circular
economy for plastics.