Global Recycled Plastic Market Size, Insights, Drivers, Opportunities, By Type (Polyethylene terephthalate (PET), Polyethylene (PE), Polypropylene (PP), Polystyrene (PS), Poly Vinyl Chloride (PVC)), By Application Industry (Packaging, Textiles, Furniture, Electricals), By Region, Growth, Trends and Forecast from 2019 to 2027
Global Recycled Plastic Market Size, Insights, Drivers, Opportunities, By Type (Polyethylene terephthalate (PET), Polyethylene (PE), Polypropylene (PP), Polystyrene (PS), Poly Vinyl Chloride (PVC)), By Application Industry (Packaging, Textiles, Furniture, Electricals), By Region, Growth, Trends and Forecast from 2019 to 2027
Historic years: 2015 to 2017 Base Year: 2018 Forecast Years: 2019 to 2027
Number of pages: 100 Category: Chemical Report Id: MISCH6004
Market Insight
The global recycled plastic market was valued at around USD 34 billion in 2018 and is estimated to reach a value of USD xx billion in 2027. The market analysis shows a rise at a CAGR of xx% over the forecast period of 2019 to 2027. Increasing demand for recycled plastic as a result of consumer awareness toward reducing carbon footprint is driving the market growth. The government of different countries is promoting the usage of recycled plastics for environment protection. Companies across the globe are offering FDA approved bottles, caps, food packaging, plastic containers, jars, closures, sprayers, and engineered pumps. Furthermore, the rising demand for synthetic plastic will attribute to the product demand. Polyester and Nylon products derived from recycled plastics are majorly used in apparel production, including pants, shirts, hats, jackets, and other home décor plastic products. Primary and secondary researchers have identified B&B Plastics, W. Plastics, SUEZ, Envision Plastics, Recycled Plastics Industries, B. Schoenberg & Co., Inc., Green Line Polymers, Imerys SA, MBA Polymers Inc., Kuusakoski Group Oy, and KW Plastics are the key player in the global Recycled Plastic product market. However, considering the analysis of this segment, factors like company revenue, consumer trends towards selecting a particular brand, and penetration of the Recycled Plastic companies are being considered.Segment Insight
The global recycled plastic market has been segmented on the basis of type, application, and region. Based on type, the market is segmented into Polyethylene terephthalate (PET), Polyethylene (PE), Polypropylene (PP), Polystyrene (PS), and Poly Vinyl Chloride (PVC). By application, segmentations are packaging, textiles, furniture, and electrical. By region, the global recycled plastic market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Asia Pacific region is expected to dominate the market during the forecast period due to factors such as a growing economy coupled with rising household income.Research Methodology
The following report consists of market analysis including both primary and secondary research. Primary research comprises the interaction between manufacturers, industry experts and channel partners, while the secondary research presents an analytical interpretation of relevant published database, which contains details like proprietary databases, purchased database, company annual reports, and financial reports.
For single, team and corporate user license, we will provide 15% free customization of the report. However, alternatively, if you are looking for additional data or insight related to the scope of the report, you may purchase the "Customized Research License". Please put an enquiry for the pricing details.
About Us
Market Insight Solutions is a leading market research firm. We cater to a diverse portfolio of research campaigns. We are one of the fastest-growing research organization. Furthermore, we are led by an extensive team of individuals. In addition, our strategic insights aim at providing credible solutions. They specifically meet the requirements of brands globally. We also offer fact-based market studies serving across cross domains. In addition to this, we further help in identifying emerging market trends and dynamics This will assist your brand to cater to their services and products. We collaborate with top key industry experts across the globe to analyze market insightsSegments covered in the report
Type Outlook- SBC
- Polyethylene terephthalate (PET)
- Polyethylene (PE)
- Polypropylene (PP)
- Polystyrene (PS)
- Poly Vinyl Chloride (PVC)
- Packaging
- Textiles
- Furniture
- Electricals
- North America
- U.S.
- Canada
- Mexico
- Europe
- U.K.
- France
- Germany
- Asia Pacific
- China
- India
- Japan
- Central & South America
- Brazil
- Middle East & Africa
- South Africa
- All market drifts, drivers and opportunities
- Analyzing the regional market for the growth factors, estimated analysis and its penetration to the global market
- Understanding the dynamics of the parent market
- Prime fluctuations of the market dynamics
- Evaluation of the market opportunities
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Market segmentation and comprehensive analysis in the second or third level
- Reporting and evaluation of recent industry developments
- Analysis of market share and developments
- Detailed company profiling of leading companies
- Opportunities to newer markets in global and regional markets
- Analyzing the trajectory line of the business
- Measures to consider for recycled plastic products in the market