Global Post-Consumer Recycled Plastics Market, By Service (Collection and Transportation, Recycling, Incineration, Landfills/Disposal), Polymer Type (Polyethylene Terephthalate, High-Density Polyethylene, Low-Density Polyethylene, Polypropylene, Polyvinyl Chloride, Polyurethane, Polystyrene, Others), Processing Type (Chemical Process, Mechanical Process, Biological Process), End-Use Application (Packaging, Building and Construction, Automotive, Furniture, Recycled Plastics, Others) Industry Trends and Forecast to 2029.
Market Analysis and Insights Global Post-Consumer Recycled Plastics Market
The post-consumer recycled plastics market is expected to witness market growth at a rate of 6.30% in the forecast period of 2022 to 2029. Data Bridge Market Research report on post-consumer recycled plastics market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The increase in demand for the product for various industrial applications is escalating the growth of post-consumer recycled plastics market.
Post-consumer recycled plastics refer to the products that have been expired, and are about to get discarded of as a solid waste product. Plastics obtained in residential and commercial recycling programs include most disposable plastics.
The increase in the urban population across the globe acts as one of the major factors driving the growth of post-consumer recycled plastics market. The rise in plastic consumption in the production of lightweight components, which are utilized in various industries including automotive, food processing and construction accelerate the market growth. The increase in demand for various packaging products due to the rise in the online purchase of cosmetics, personal protective equipment products, electrical and electronics, and cosmetics further influence the market. Additionally, rapid industrialization, surge in investments and high demand for post-consumer recycled plastics in packaging applications positively affect the post-consumer recycled plastics market. Furthermore, increase in R&D investments for sustainable packaging solutions and public & private sector partnerships for management of plastic waste extend profitable opportunities to the market players in the forecast period of 2022 to 2029.
On the other hand, high costs of recycled plastics and low participation of residential sector in management of plastic waste are expected to obstruct the market growth. Absence of required framework for plastic waste collection and segregation, and lack of expertise for recycling of plastic waste are projected to challenge the post-consumer recycled plastics market in the forecast period of 2022-2029.
This post-consumer recycled plastics market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on post-consumer recycled plastics market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Post-Consumer Recycled Plastics Market Scope and Market Size
The post-consumer recycled plastics market is segmented on the basis of service, polymer type, processing type and end-use application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of service, the post-consumer recycled plastics market is segmented into collection & transportation, recycling, incineration and landfills/disposal.
- Based on polymer type, the post-consumer recycled plastics market is divided into polyethylene terephthalate, high-density polyethylene, low-density polyethylene, polypropylene, polyvinyl chloride, polyurethane, polystyrene and others.
- On the basis of processing type, the post-consumer recycled plastics market is segmented into chemical process, mechanical process, and biological process.
- On the basis of end-use application, the post-consumer recycled plastics market is further segmented into packaging, building & construction, automotive, furniture, recycled plastics and others.
Post-Consumer Recycled Plastics Market Country Level Analysis
The post-consumer recycled plastics market is analyzed and market size, volume information is provided by country, service, polymer type, processing type and end-use application as referenced above.
The countries covered in the global post-consumer recycled plastics market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific (APAC) dominates the post-consumer recycled plastics market due to the increase in the demand for non-residential construction projects within the region. Europe is expected to witness high growth during the forecast period of 2022-2029 because of the adoption of circular economy practices to reduce the carbon footprint associated with plastic production in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Post-Consumer Recycled Plastics Market Share Analysis
The post-consumer recycled plastics market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to post-consumer recycled plastics market.
Some of the major players operating in the post-consumer recycled plastics market report are Veolia, SUEZ, WM Intellectual Property Holdings, L.L.C., Stericycle, CLEAN HARBORS, INC., REMONDIS SE & Co. KG, Biffa, DS Smith, Eco-Products, Inc., Placon, Amcor plc, Alpha Packaging, Seventh Generation Inc, Mondi, Berry Global Inc., Sealed Air, and Coveris among others.
Customization Available : Global Post-Consumer Recycled Plastics Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.