According to Goldstein Research, global recycled plastic market is expected to grow from USD 33.1 billion in 2016, at a CAGR of 4.8% over the forecast period 2016-2024. Globally increasing demand for plastics from various end-use industries and government policies for the reduction in plastic waste for the market players and to utilize recycled plastic products is thus propelling the growth of recycled plastics market across the globe. s has been done on the basis of resin type, the source of plastics, end user and geography. Over 300 million tons of plastics are produced every year, however, only 10% waste plastics are recycled and rest are only increasing level of landfills. This has drawn attention globally and led to the establishment of multiple environmental policies.

Global recycled plastic market is largely dominated by the Asia Pacific and is expected to continue its dominance over the forecast period. Moreover, in 2016, total waste collected in Europe reported over 27 million tons out of these 8.1 million tons were recycled.

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Market Segmentation

On the basis of our in-depth analysis, Global Recycled Plastic Market can be segmented as follows:

Based on Resin Type

o High Density Polyethylene (HDPE)
o Low Density Polyethylene (LDPE)
o Polyethylene Terephthalate (PET)
o PVC (Polyvinyl Chloride)
o Polypropylene (PP)
o Polystyrene (PS)
o Others (BPA, Polycarbonate, LEXAN)

Based on Source of Plastics

o Bottles
o Carpet and Fiber
o Rigid plastic and Foam
o Bags and Films

Based on End-User

o Food and Beverage
o Construction
o Packaging
o Healthcare
o Automotive
o Manufacturing
o Electrical & Electronics

By Region

o North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
o Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

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Global Recycled Plastic Market Report Outlook 2024 contains detailed overview of the global recycled plastic market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by resin type, source of plastics and end user.

Further, for the in-depth analysis, Global Recycled Plastic Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as CarbonLite Industries, Avangard Innovative, Schoenberg & Co. Inc., Custom Polymers Inc., Delta Plastics, UltrePET, Advanced Environmental Recycling Technologies, PolyPrime, ORBIS, Marmax Products,Worldwide Recycler Services, Kuusakoski Oy, Plasgran Ltd., Envisison Plastics, KW Plastics, Mohawk Industries Incorporated, Greentech, Hahn Plastics, OOTONE PLASTIC, Ripro Corporation, APR2 Plast, Recycling Technologies, Enval, Sadako Technologies, Da Fon Environmental Technology, Jiangsu Zhongsheng, Shandong Power Plastic, Fuqing Topway Plastics Industrial, etc.

The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services, and industries catered, financial analysis of the company and recent developments.

Overall, the report represents the global recycled plastic market trends along with a market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.

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