Global Plastic Recycling Market Research Report 2022 - Market Size, Current Insights and Development Trends

Plastic recycling is the process of recycling waste or waste plastic and reprocessing the material into a useful product. Since most plastics are not biodegradable, recycling is part of a global effort to reduce plastics in waste, especially about 8 million tons of waste plastics entering the Earth's oceans each year. Plastic polymer recovery is often more challenging than low-value glass compared to lucrative metal recycling because of its low density and low value.
The Plastic Recycling market has witnessed a growth from USD XX million to USD XX million from 2017 to 2022. With a CAGR of X.X%, this market is estimated to reach USD XX million in 2029.

The report focuses on the Plastic Recycling market size, segment size (mainly covering product type, application, and geography), competitor landscape, recent status, and development trends. Furthermore, the report provides strategies for companies to overcome threats posed by COVID-19.

Technological innovation and advancement will further optimize the performance of the product, enabling it to acquire a wider range of applications in the downstream market. Moreover, customer preference analysis, market dynamics (drivers, restraints, opportunities), new product release, impact of COVID-19, regional conflicts and carbon neutrality provide crucial information for us to take a deep dive into the Plastic Recycling market.

Major Players in the Plastic Recycling market are:
Plasgran Ltd.
Advanced Drainage Systems, Inc.
Norwich PlasticsA
Kuusakoski Oy
UltrePET, LLC
Carbonlite, Inc.
Envisison Plastics
Green-O-Tech India
MBA Polymers, Inc.
PARC Corporation
B & B Plastics Recycling, Inc.
KW Plastics
Suez
Clear Path Recycling, LLC
Plastic Recycling Inc.
Custom Polymers, Inc.
NAM Polymers Inc.
Seraphim Plastics LLC
Plastipak Holdings, Inc.
United Plastic Recycling
Veolia Environnement S.A.
B. Schoenberg & Co., Inc.
Jayplas

On the basis of types, the Plastic Recycling market is primarily split into:
Polyethylene Terephthalate(PET)
Polypropylene(PP)
High-Density Polyethylene(HDPE)
Low-Density Polyethylene(LDPE)
Polystyrene(PS)
Polyvinyl Chloride(PVC)
Others

On the basis of applications, the market covers:
Packaging
Building & Construction
Textiles
Electrical & Electronics

Major Region

s or countries covered in this report:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others

Years considered for this report:

Historical Years:

2017-2021

Base Year:

2021

Estimated Year:

2022

Forecast Period:

2022-2029