Increasing urbanization, stringent laws and regulations enforced by the government, and increasing consumer awareness are expected to be the major drivers of the plastic waste management market. The global plastic waste management market is projected to be valued at around USD 26,573.3 million by 2020, growing at a CAGR of 3.02% from 2015 to 2020. The market for recycling plastics is projected to grow at the highest CAGR.

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This report provides a complete analysis of key companies and competitive analysis of developments recorded in the industry in the last five years. In this report, market drivers, restraints, opportunities, and challenges have been discussed in detail.

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Packaging
Textile & clothing
Furniture
Automotive
Building & construction
The plastic waste management market is expected to witness significant growth in the future due to the growing concern of the environmental impact of accumulating plastics. The market for recycled plastics is projected to experience high demand in the packaging sector.

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The strict laws pertaining to waste management and disposal and increasing awareness of the adverse impact of accumulating plastic waste have led the public sector such as municipalities and the private sector which involves companies offering environmental services such as collection and recycling of plastic waste.

The leading players in the market include Veolia Environnement S.A. (France), SUEZ Environnement Company (France), Waste Management Inc. (U.S.), Republic Services Inc. (U.S.), and Stericycle Inc. (U.S.).

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