Global Plastic Recycling Market by Source (Bottles, Films, Fibers, Foams, Others), By Material (Polyethylene Terephthalate(PET), Polypropylene(PP), High Density Polyethylene(HDPE), Low Density Polyethylene(LDPE), Polystyrene(PS), Polyvinyl Chloride(PVC), Others), End-Use Industry (Packaging, Building & Construction, Textiles, Automotive, Electrical & Electronics), By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa), Market Trend Analysis, Competitive Analysis, Size and Forecast, 2015-2025

2019-04-04
Report Code: BWC19133
Available Format: PDF PDF Icon
Pages: 115

Global Plastic Recycling Market: Overview

Global Plastic Recycling Market is witnessing significant growth over the forthcoming years owing to the concerns rising out due to the difficulty in decomposing the virgin plastics, growing awareness of energy savings, and the increasing use of these plastics in many applications are expected to positively influence the growth of the recycled plastics market. Recycled plastics can be used in a wide range of goods and hence the applications of recycled plastics are escalating owing to the advancements in superior recycling technologies.

The global population is exponentially rising and economic and industrial activities thrive at an even faster rate which accounts for a large portion of total waste generated on an everyday basis from several sources thus raised the need to recycle the waste plastic. Moreover, the negative environmental impact of plastics disposal drives the global recycled plastics market. The production of plastics has increased manifold over the past few decades which have led to the generation of a huge amount of waste resulting in environmental concerns. Furthermore, recycled plastics are gaining significance as the solution to limit the growing concerns of the effects of plastics pollution, as recycling results in the decrease in the use of energy and material and improve eco-efficiency. These factors play a significant role in driving the usage of recycled plastics over the coming years.

Global Plastic Recycling Market- Market Analysis

The global Plastic Recycling Market on the basis of material is segmented as (Polyethylene Terephthalate (PET), Polypropylene (PP), High-Density Polyethylene (HDPE), Low-Density Polyethylene (LDPE), Polystyrene (PS), and Polyvinyl Chloride (PVC). The Polyethylene Terephthalate (PET) has a maximum share in the global market and is expected to grow at a robust rate over the course of the forecast period. PET is sought after for two main reasons – it is easily available in recycled waste scrap and it costs less when compared to other recycled plastics. In addition to this, the recycling rate of PET is high. However, High-density polyethylene is also growing owing to a large portion of the plastic scrap such as grocery bags, margarine tubes, and detergent bottles often consist of HDPE resins.

Global Plastic Recycling Market- Regional Analysis

The global Plastic Recycling Market on the basis of region is segmented as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific region accounted for the largest market share of the global plastic recycling market and is expected to dominate over the forecast period. The region is growing as the developed countries in Europe and North America export plastic scrap to Asia, mainly Southeast Asia, for recycling, due to the lack of stringent government regulations and lenient landfill laws in the region. However, the plastic recycling market in Europe is projected to expand at a rapid pace during the forecast period. Moreover, several countries in Europe have imposed a ban on dumping recyclable plastic waste in landfills which has significantly increased the plastic recycling rate in these countries.

Key Development in the Market

·         In November, 2017, SUEZ and LyondellBasell (US) signed a joint venture agreement focusing on the production of high-quality circular polymers. The company produces PP and HDPE recycled plastics

·         In July 2017, Suez started a joint venture with Kempenaars Recycling (Netherlands). The new company is known as SK Polymers and is finding a better way to recycle hard plastics.

·         In November 2016, Plastipak Packaging acquired the business assets of Evolve Polymers (UK), one of Europe’s leading plastics recyclers from Aurelius Equity Opportunities. They have a processing capacity of 6-9 billion PET bottles into food-grade flake and pellets and polypropylene and polyethylene flake.

Global Plastic Recycling Market: Competitive Landscape

 The major players operating in the global plastic recycling market includes CarbonLITE Industries, Seraphim Plastics, MBA Polymers Inc., Kuusakoski Group Oy, Envision Plastics, Custom Polymers, Inc., Plastic Recycling Inc., UltrePET LLC, KW Plastics, Inc., Green – O – Tech India, Kishco Pvt. Ltd., Boer Group, Miller Waste Mills, Inc., Recycling Textile sro, and Knebel Textilrecycling GmbH. Moreover, the key players are focusing towards provision of greater quality products to retain customer loyalty, since low switching costs and product differentiation have reduced supplier power. Furthermore, companies are thus actively engaged in research and product development, technological advancements, and strategic collaborations to consolidate their position in the global market.

Objective of the Study:

·         To analyze and forecast market size of the global plastic recycling market, in terms Value

·         To examine the careful market segmentation and forecast the market size, on the basis of region, segmented into 5 regions, namely, North America, Europe, Asia Pacific, MEA, & LATAM and major countries in the respective regions.

·         To outline, categorized and forecast the global plastic recycling market on the basis of source, material, and End-User Industry.

·         To examine competitive developments like expansions, technological advancement, new product launches, and regulative framework within the global plastic recycling market.

·         To identify the drivers and challenges for global plastic recycling market.

·         To spot the profile of leading players and an array of strategy outlook and SWOT analysis of major industry players.

Scope of the Report

By Source

·         Bottles

·         Films

·         Fibers

·         Foams

·         Others

By Material 

·         Polyethylene Terephthalate (PET)

·         Polypropylene (PP)

·         High Density Polyethylene (HDPE)

·         Low Density Polyethylene (LDPE)

·         Polystyrene (PS)

·         Polyvinyl Chloride (PVC)

·         Others

By End-Use Industry

·         Packaging

·         Building and Construction

·         Textile

·         Automotive

·         Electrical & Electronics

In addition, the report provides analysis of the plastic recycling market with respect to the following geographic segments:

·         North America

·         Latin America

·         Asia Pacific (APAC)

·         Europe

·         Middle East and Africa

Customization Scope for the Client

Client satisfaction is our first and last priority. And that’s why BlueWeave Consulting offers customization according to Company’s specific needs. The following customization options are available for the report:

Additional Company Information

·         With three additional company detail analysis.

·         Additional country analysis.

·         Detailed segment analysis.

1.    Research Framework

1.1.  Research Objective

1.2.  Product Overview

1.3.  Market Segmentation

2.    Research Methodology

2.1.  Qualitative Research

2.1.1.    Primary & Secondary Sources

2.2.  Quantitative Research

2.2.1.    Primary & Secondary Sources

2.3.  Breakdown of Primary Research Respondents, By Region

2.3.1.    Secondary Research

2.3.2.    Primary Research

2.4.  Breakdown of Primary Research Respondents, By Industry Participants

2.5.  Market Size Estimation

2.6.  Assumption for the Study

2.7.  Market Breakdown & Data Triangulation

3.    Executive Summary

4.    Industry Insights

4.1.  Industry Value Chain Analysis

4.1.1.    Vendor Matrix

4.2.  Industry Impact and Forces

4.2.1.    Growth Drivers

4.2.2.    Challenges

4.3.  Technological Landscape

4.4.  Regulatory Framework

4.5.  Company market share analysis,2018

4.6.  Growth Potential analysis,2018

4.7.  Porter’s Five forces analysis

4.7.1.    Bargaining Power of Suppliers

4.7.2.    Bargaining Power of Buyers

4.7.3.    Threat of New Entrants

4.7.4.    Threat of Substitutes

4.7.5.    Intensity of Rivalry

4.8.  PESTEL Analysis

4.9.  Strategic Outlook

5.    Global Plastic Recycling Market Overview

5.1.  Market Size & Forecast

5.1.1.    By Value

5.2.  Market Share & Forecast

5.2.1.    By Source

5.2.2.    By Material

5.2.3.    By End-Use Industry

5.2.4.    By Region

6.    Global Plastic Recycling Market, By Source

6.1.  Key Source Trends

6.2.  Bottles

6.2.1.    Market estimates & forecast, 2015-2025

6.3.  Films

6.3.1.    Market estimates & forecast, 2015-2025

6.4.  Fibers

6.4.1.    Market estimates & forecast, 2015-2025

6.5.  Foams

6.5.1.    Market estimates & forecast, 2015-2025

6.6.  Others

6.6.1.    Market estimates & forecast, 2015-2025

7.    Global Plastic Recycling Market, By Material

7.1.  Key Material Trends

7.2.  Polyethylene Terephthalate(PET)

7.2.1.    Market estimates & forecast, 2015-2025

7.3.  Polypropylene(PP)

7.3.1.    Market estimates & forecast, 2015-2025

7.4.  High Density Polyethylene(HDPE)

7.4.1.    Market estimates & forecast, 2015-2025

7.5.  Low Density Polyethylene(LDPE)

7.5.1.    Market estimates & forecast, 2015-2025

7.6.  Polypropylene(PP)

7.6.1.    Market estimates & forecast, 2015-2025

7.7.  Polystyrene(PS)

7.7.1.    Market estimates & forecast, 2015-2025

7.8.  Polyvinyl Chloride(PVC)

7.8.1.    Market estimates & forecast, 2015-2025

7.9.  Others

7.9.1.    Market estimates & forecast, 2015-2025

8.    Global Plastic Recycling Market, By End-Use Industry

8.1.  Key End-Use Industry Trends

8.2.  Packaging

8.2.1.    Market estimates & forecast, 2015-2025

8.3.  Building & Construction

8.3.1.    Market estimates & forecast, 2015-2025

8.4.  Textiles

8.4.1.    Market estimates & forecast, 2015-2025

8.5.  Electrical & Electronics

8.5.1.    Market estimates & forecast, 2015-2025

9.    Global Plastic Recycling Market, By Region

9.1.  Key Regional Trends

9.2.  North America

9.2.1.    Market estimates & forecast, 2015-2025

9.2.2.    Market estimates & forecast, By Source, 2015-2025

9.2.3.    Market estimates & forecast, By Material, 2015-2025

9.2.4.    Market estimates & forecast, By End-Use Industry, 2015-2025

9.2.5.    Market estimates & forecast, By Country, 2015-2025

9.3.  Europe

9.3.1.    Market estimates & forecast, 2015-2025

9.3.2.    Market estimates & forecast, By Source, 2015-2025

9.3.3.    Market estimates & forecast, By Material, 2015-2025

9.3.4.    Market estimates & forecast, By End-Use Industry, 2015-2025

9.3.5.    Market estimates & forecast, By Country, 2015-2025

9.4.  Asia Pacific

9.4.1.    Market estimates & forecast, 2015-2025

9.4.2.    Market estimates & forecast, By Source, 2015-2025

9.4.3.    Market estimates & forecast, By Material, 2015-2025

9.4.4.    Market estimates & forecast, By End-Use Industry, 2015-2025

9.4.5.    Market estimates & forecast, By Country, 2015-2025

9.5.  Latin America

9.5.1.    Market estimates & forecast, 2015-2025

9.5.2.    Market estimates & forecast, By Source, 2015-2025

9.5.3.    Market estimates & forecast, By Material, 2015-2025

9.5.4.    Market estimates & forecast, By End-Use Industry, 2015-2025

9.5.5.    Market estimates & forecast, By Country, 2015-2025

9.6.  Middle east & Africa

9.6.1.    Market estimates & forecast, 2015-2025

9.6.2.    Market estimates & forecast, By Source, 2015-2025

9.6.3.    Market estimates & forecast, By Material, 2015-2025

9.6.4.    Market estimates & forecast, By End-Use Industry, 2015-2025

9.6.5.    Market estimates & forecast, By Country, 2015-2025

10.  Company Profile  (Company Overview, Financial Matrix, Key Product landscape, Key Personnel, Key Competitors, Contact Address, SWOT Analysis and Strategic Outlook)

10.1 Clear Path Recycling      

10.2 Clean Tech Incorporated

10.3 Mohawk Industries Incorporated

10.4 CarbonLite Industries

10.5 Envision Plastics Industries        

10.6 Advanced Environmental Recycling Technologies Incorporated

10.7 Evergreen Plastics

10.8 PolyQuest

10.9 Phoenix Technologies

10.10 Verdeco Recycling

10.11 Custom Polymers

10.12 KW plastics

10.13 Extrupet

10.14 Greentech        

10.15 Veolia Polymers

10.16 Hahn Plastics

10.17 PLASgran

10.18 Centriforce

10.19 Kyoei Industry

10.20 Wellpine Plastic Industical

10.21 Fuqing Topway Plastics Industrial

10.22 Suzhou Jiulong Recy & Tech

10.23 Longfu Recycling Energy Scientech

 

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