Recycled Plastics Market by Type (PET, PE, PP, PVC, PS), Source (Bottles, Films, Fibers, Foams), End-Use Industry (Packaging, Textile, Building & Construction, Automotive, Electrical & Electronics) and Region - Global Forecast to 2026
Updated on : February 20, 2023
Recycled Plastics Market Size
The global recycled plastics market size was valued at USD 27.9 billion in 2021 and is projected to reach USD 43.5 billion by 2026, growing at a cagr 9.3% from 2021 to 2026. Favorable initiatives to promote the use of recycled plastics in developed countries, growing acceptance of recycled plastics consumption in the textile industry as fibers in developing countries of Asia Pacific, and cost-effective, sophisticated recycling technologies are some of the major factors driving the global market.
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COVID-19 Impact on the Global Recycled Plastics Market
The novel coronavirus (COVID-19) pandemic started from Wuhan, China, and has spread across all the major economies in the world. European countries such as Italy, Spain, France, and Germany; the US in North America; Asia Pacific countries such as China, India, South Korea, Taiwan; Australia; and Saudi Arabia and the UAE in the Middle East are among the most affected economies by the pandemic. The recycled plastic market has been impacted by the outbreak of COVID-19 as most of the recycled plastic services, solutions, and product providers are located in these countries.
Social distancing led to a growth in at-home deliveries, which have increased the packaging rate. The recycling market is drying up due to countrywide lockdowns, and informal waste pickers who play an important role in waste management have either been unable to supply recyclers with raw materials or have been unable to find recyclers ready to shop for their materials.
Recycled Plastics Market Dynamics
Driver: Negative environmental impact of plastics disposal
Plastics are lightweight, durable, and inexpensive materials that can be readily molded into a variety of products. As a result, the production of plastics has increased manifold over the past few decades. However, their current usage has led to the generation of a huge amount of waste, resulting in environmental concerns. The landfill is the conventional method for waste disposal; however, landfill area has become scarce in many countries. Although this method has limited environmental impacts, there are long-term risks of contamination of soil and groundwater associated with it, thus polluting it.
Restraint: Stringent competition from virgin plastics
Recycled plastics have strong competition from virgin plastics in terms of quality and application. Virgin plastics can be used in many applications, including food-grade packaging where the food product comes in direct contact with the plastic; recycled plastics do not have the same advantage. Recycled plastics are rarely used in food-grade packaging applications because of safety concerns related to their contaminants from their previous use. Some jurisdictions allow the use of recycled plastic resin in combination with virgin resin for food-grade containers, but the recycled quality cannot be maintained to the standard required for food-grade applications. For high-end products, where the chemical composition of the plastic has to be specific, only virgin materials can be used.
Opportunity: Increasing use in the textile industry in the developing countries of Asia Pacific
Textile is one of the major end-use industries of recycled plastics, as recycled PET, which is the most widely recycled resin globally, finds the highest usage in fiber applications. In the past five years, there has been a significant growth in major clothing companies, businesses, and environmental organizations that have started using plastics in their fabrics in an effort to reduce plastic pollution. The clothes made of recycled plastics do not differ from normally made clothes in terms of quality and texture. Therefore, the products made from recycled plastic bottles indirectly help in contributing to a sustainable economy. As a result, the use of these plastics in textiles is increasing significantly.
Challenge: Ban on imports of waste or scrap plastics in China
China, the world’s largest user of scrap plastics, announced that it would stop importing plastic waste from other countries in 2017. Apart from consuming locally produced recycled plastics, China was also the largest importer of recycled materials until 2016. In 2016, the country imported 51% of global plastic scrap. Therefore, the sudden proposed ban on its scrap imports became the biggest challenge in the industry, as China had been the major consumer of recycled materials and reprocessing it to useful materials, which were used for many applications such as pipes, carpets, and bottles.
Recycled Plastics Market: Ecosystem
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Bottles is projected to be largest source of recycled plastics during the forecast period.
Bottles are the largest and fastest-growing source of recycled plastics. They are the most recycled post-consumer plastics as they have a better network for collection and sorting. Moreover, most bottles are made of PET resin, which is the most recycled resin with the highest recycling rate. Many developing countries are foraying into the recycling business and will depend on bottles as a source of recycled plastics due to their easy availability.
PP is projected to be the fastest growing type of recycled plastics during the forecasted period.
Polypropylene (PP) is the second-most widely produced commodity plastic, and its market is forecasted to grow even more in the following years. It is hard and sturdy, can withstand high temperatures, and is found in car parts, thermal vests, yogurt containers, and even disposable diapers. PP is usually used for living hinges. It is a thin piece of plastic that allows a part of a product to fold or bend from 1 to 180 degrees.
North America is projected as fastest growing recycled plastics market during the forecast period.
The packaging industry is the largest and projected to be the fastest-growing end user of recycled plastics in North America. Various companies in this region are focusing on making use of recycled materials in their products. This is expected to help the region stay free of pollution caused by plastics.
Recycled Plastics Market Players
Indorama Ventures Public Ltd. (Thailand), Veolia (France), Suez (France), Jayplas (UK), Alpek (Mexico), Biffa (UK), Republic Services (US), Stericycle (US), Far Eastern New Century Corporation (Taiwan), KW Plastics (US), B. Schoenberg & Co. (US), B&B Plastics (US), Remondis SE & Co. KG (Germany), Clear Path Recycling (US), Custom Polymers (US), Plastipak Holdings (US), Waste Connections, Inc. (US), MBA Polymers (US) are some of the leading players operating in the recycled plastics market.
Recycled Plastics Market Report Scope
|
Report Metric |
Details |
|
Market Size Value in 2021 |
USD 27.9 billion |
|
Revenue Forecast in 2026 |
USD 43.5 billion |
|
CAGR |
9.3% |
|
Market Size Availability for Years |
2018–2026 |
|
Base Year Considered |
2020 |
|
Forecast Period |
2021–2026 |
|
Forecast Units |
Value (USD Million) and Volume (Kilotons) |
|
Segments Covered |
Source, Type, End-use Industry, and Region |
|
Geographies Covered |
Asia Pacific, North America, Europe, Middle East and Africa, South America |
|
Companies Covered |
The major market players include Indorama Ventures Public Ltd. (Thailand), Veolia (France), Suez (France), Jayplas (UK), Alpek (Mexico), Biffa (UK), Republic Services (US), Stericycle (US), Far Eastern New Century Corporation (Taiwan), KW Plastics (US), B. Schoenberg & Co. (US), B&B Plastics (US), Remondis SE & Co. KG (Germany), Clear Path Recycling (US), Custom Polymers (US), Plastipak Holdings (US), Waste Connections, Inc. (US), MBA Polymers (US). (Total of 28 companies) |
This research report categorizes the recycled plastics market based on source, type, end-use industry, and region.
Based on Source, the recycled plastics market has been segmented as follows:
- Bottles
- Films
- Fibers
- Foams
- Others
Based on Type, the recycled plastics market has been segmented as follows:
- Polyethylene Terephthalate (PET)
- Polyethylene (PE)
- Polyvinyl Chloride (PVC)
- Polypropylene (PP)
- Polystyrene (PS)
- Others
Based on End-use Industry, the recycled plastics market has been segmented as follows:
- Packaging
- Building & Construction
- Textile
- Automotive
- Electrical & Electronics
- Others
Based on Region, the recycled plastics market has been segmented as follows:
- Asia Pacific
- North America
- Europe
- Middle East & Africa
- South America
Recent Developments
- In December 2021, Veolia completed the acquisition of SUEZ to become the world champion of ecological transformation.
- In July 2021, Jayplas teamed up with the Co-op Supermarket Chain to run Europe's most comprehensive in-store recycling program for plastic bags and product packaging.
- In June 2021, Indorama Ventures Public Ltd. acquired CarbonLite Holdings’ facility in Texas as part of the company’s commitment to increasing PET recycling capacity.
Frequently Asked Questions (FAQ):
What is the current size of the recycle plastics market?
The recycled plastics market is estimated to be USD 27.9 billion in 2021 and projected to reach to 43.5 billion by 2026, at a CAGR of 9.3%
Who are the winners in the global recycled plastics market?
Companies such as Indorama Ventures Public Ltd. (Thailand), Veolia (France), Suez (France), Jayplas (UK) and Alpek (Mexico) fall under the winners’ category. Globally these are some of the leading players in the recycled plastics market. These players have adopted the strategies of expansions, agreements, mergers & acquisitions, partnerships, new product launches, joint ventures, investments & contracts, collaborations, and new technology & new process developments, to increase their presence in the global market.
What are the key regions in the global recycled plastics market?
Asia Pacific is the largest recycled plastics market globally and accounted for a share 45% of the market in 2020 in terms of value. The growing industrialization, with a need for low-cost raw materials for these industries, is one of the major factors driving the demand for recycled plastics in the region. .
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TABLE OF CONTENTS
1 INTRODUCTION (Page No. - 36)
1.1 OBJECTIVES OF STUDY
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS & EXCLUSIONS
1.3 MARKET SCOPE
1.3.1 RECYCLED PLASTICS MARKET SEGMENTATION
1.3.2 REGIONS COVERED
1.3.3 YEARS CONSIDERED FOR STUDY
1.3.4 CURRENCY
1.4 UNITS CONSIDERED
1.5 LIMITATIONS
1.6 STAKEHOLDERS
1.7 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY (Page No. - 40)
2.1 RESEARCH DATA
FIGURE 1 RECYCLED PLASTICS MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 List of participating companies for primary research
2.1.2.3 Breakdown of primary interviews
2.1.2.4 Key industry insights
2.2 BASE NUMBER CALCULATION APPROACH
2.2.1 ESTIMATION OF RECYCLED PLASTICS MARKET SIZE BASED ON MARKET SHARE ANALYSIS
FIGURE 2 MARKET SIZE ESTIMATION: SUPPLY-SIDE ANALYSIS
FIGURE 3 MARKET SIZE ESTIMATION: DEMAND-SIDE ANALYSIS
2.3 MARKET SIZE ESTIMATION
2.3.1 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
2.3.2 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
2.4 DATA TRIANGULATION
FIGURE 4 RECYCLED PLASTICS MARKET: DATA TRIANGULATION
2.4.1 ASSUMPTIONS
2.4.2 LIMITATIONS
2.4.3 GROWTH RATE ASSUMPTIONS
3 EXECUTIVE SUMMARY (Page No. - 49)
FIGURE 5 BOTTLE-SOURCED RECYCLED PLASTICS DOMINATED MARKET IN 2020
FIGURE 6 PET RECYCLED PLASTICS LED MARKET IN 2020
FIGURE 7 PACKAGING TO BE FASTEST-GROWING END-USE INDUSTRY OF RECYCLED PLASTICS BETWEEN 2021 AND 2026
FIGURE 8 ASIA PACIFIC LED GLOBAL RECYCLED PLASTICS MARKET IN 2020
4 PREMIUM INSIGHTS (Page No. - 52)
4.1 ATTRACTIVE OPPORTUNITIES IN RECYCLED PLASTICS MARKET
FIGURE 9 INCREASE IN DEMAND FOR RECYCLED PLASTICS IN END-USE APPLICATIONS
4.2 RECYCLED PLASTICS MARKET, BY REGION
FIGURE 10 NORTH AMERICA TO BE FASTEST-GROWING MARKET BETWEEN 2021 AND 2026
4.3 RECYCLED PLASTICS MARKET IN ASIA PACIFIC, BY TYPE AND COUNTRY, 2020
FIGURE 11 PET SEGMENT AND CHINA ACCOUNTED FOR LARGEST SHARES
4.4 RECYCLED PLASTICS MARKET ATTRACTIVENESS
FIGURE 12 RECYCLED PLASTICS MARKET TO REGISTER FASTEST GROWTH IN JAPAN BETWEEN 2021 AND 2026
5 MARKET OVERVIEW (Page No. - 54)
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 13 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN RECYCLED PLASTICS MARKET
5.2.1 DRIVERS
5.2.1.1 Negative environmental impact of plastics disposal
5.2.1.2 Growing awareness regarding energy savings and government responses
5.2.1.3 Increasing use in packaging, automotive, and electrical & electronics industries
5.2.1.4 Chemical recycling process
5.2.2 RESTRAINTS
5.2.2.1 Stringent competition from virgin plastics
5.2.2.2 Effects of downcycling
5.2.3 OPPORTUNITIES
5.2.3.1 Favorable initiatives to promote the use of recycled plastics in developed countries
5.2.3.2 Increasing use in the textile industry in the developing countries of Asia Pacific
5.2.3.3 New recycling technologies
5.2.3.4 Opportunities for chemical industries
5.2.4 CHALLENGES
5.2.4.1 Ban on imports of waste or scrap plastics in China
5.2.4.2 Difficulty in the collection of raw materials
5.2.4.3 Only few recycled plastics have market demand
5.2.4.4 Pigmented plastics are not accepted by many recycling facilities
5.3 PORTER’S FIVE FORCES ANALYSIS
FIGURE 14 RECYCLED PLASTICS MARKET: PORTER’S FIVE FORCES ANALYSIS
TABLE 1 RECYCLED PLASTICS MARKET: PORTER’S FIVE FORCE ANALYSIS
5.3.1 THREAT OF NEW ENTRANTS
5.3.2 BARGAINING POWER OF SUPPLIERS
5.3.3 THREAT OF SUBSTITUTES
5.3.4 BARGAINING POWER OF BUYERS
5.3.5 INTENSITY OF COMPETITIVE RIVALRY
5.4 VALUE CHAIN ANALYSIS
FIGURE 15 VALUE CHAIN ANALYSIS
5.4.1 PROMINENT COMPANIES
5.4.2 SMALL & MEDIUM ENTERPRISES
5.5 ECOSYSTEM
TABLE 2 RECYCLED PLASTICS MARKET: ECOSYSTEM
5.6 REGULATORY LANDSCAPE
5.6.1 BAN & RESTRICTION – TO REDUCE THE IMPACT OF CERTAIN PLASTIC PRODUCTS ON THE ENVIRONMENT
5.6.2 ECONOMIC INSTRUMENTS HAVE IMPACTED PLASTIC USAGE AND BEHAVIOR PATTERNS
5.6.3 STANDARDIZATION- CRITERIA AND GUIDELINES FOR THE QUALITY, SAFETY, AND ACCEPTABILITY OF PRODUCTS
5.6.4 GUIDANCE FOR INDUSTRY - USE OF RECYCLED PLASTICS IN FOOD PACKAGING
5.7 TECHNOLOGY ANALYSIS
5.7.1 MECHANICAL RECYCLING DOMINATES GLOBAL RECYCLING MARKET
5.7.2 CHEMICAL RECYCLING TECHNOLOGY HAS AN EDGE OVER MECHANICAL RECYCLING IN TERMS OF QUALITY OF RECYCLED PLASTICS
5.8 CASE STUDY ANALYSIS
5.8.1 CLOSED LOOP PLASTIC RECYCLING
5.8.1.1 Objective
5.8.1.2 Solution statement
5.8.2 PLASTIC RECYCLING IN GERMANY
5.8.2.1 Objective
5.8.2.2 Solution statement
5.8.3 COMPARISON BETWEEN VARIOUS RPET MANAGEMENT METHODS
5.8.3.1 Objective
5.8.3.2 Solution statement
5.9 IMPACT OF COVID-19 ON THE RECYCLED PLASTICS MARKET
5.10 YC-YCC SHIFT
FIGURE 16 YC-YCC DRIVERS
5.11 PRICING ANALYSIS
FIGURE 17 AVERAGE SELLING PRICE (2019-2026)
5.12 PATENT ANALYSIS
5.12.1 METHODOLOGY
5.12.2 PATENT PUBLICATION TRENDS
FIGURE 18 NUMBER OF PATENTS YEAR-WISE DURING LAST 10 YEARS
5.12.3 INSIGHTS
5.12.4 JURISDICTION ANALYSIS
FIGURE 19 CHINA ACCOUNTED FOR HIGHEST NUMBER OF PATENTS
5.12.5 TOP COMPANIES/APPLICANTS
FIGURE 20 TOP 10 COMPANIES/APPLICANTS WITH HIGHEST NUMBER OF PATENTS
5.12.5.1 List of major patents
6 RECYCLED PLASTICS MARKET, BY SOURCE (Page No. - 78)
6.1 INTRODUCTION
FIGURE 21 BOTTLES TO BE LARGEST AND FASTEST-GROWING SOURCE OF RECYCLED PLASTICS BETWEEN 2021 AND 2026
TABLE 3 RECYCLED PLASTICS MARKET SIZE, BY SOURCE, 2018–2020 (USD MILLION)
TABLE 4 RECYCLED PLASTICS MARKET SIZE, BY SOURCE, 2021–2026 (USD MILLION)
6.2 BOTTLES
6.2.1 BOTTLE RECYCLING TO DRIVE MARKET
TABLE 5 RECYCLED PLASTICS MARKET SIZE FROM BOTTLES, BY REGION, 2018–2020 (USD MILLION)
TABLE 6 RECYCLED PLASTICS MARKET SIZE FROM BOTTLES, BY REGION, 2021–2026 (USD MILLION)
6.3 FILMS
6.3.1 NON-FOOD APPLICATIONS TO PROPEL DEMAND
TABLE 7 RECYCLED PLASTICS MARKET SIZE FROM FILMS, BY REGION, 2018–2020 (USD MILLION)
TABLE 8 RECYCLED PLASTICS MARKET SIZE FROM FILMS, BY REGION, 2021–2026 (USD MILLION)
6.4 FIBERS
6.4.1 FIBERS ARE RECYCLED AND REPROCESSED INTO NEW CLOTHING
TABLE 9 RECYCLED PLASTICS MARKET SIZE FROM FIBERS, BY REGION, 2018–2020 (USD MILLION)
TABLE 10 RECYCLED PLASTICS MARKET SIZE FROM FIBERS, BY REGION, 2021–2026 (USD MILLION)
6.5 FOAMS
6.5.1 APPLICATIONS IN FURNITURE INDUSTRIES TO DRIVE MARKET
TABLE 11 RECYCLED PLASTICS MARKET SIZE FROM FOAMS, BY REGION, 2018–2020 (USD MILLION)
TABLE 12 RECYCLED PLASTICS MARKET SIZE FROM FOAMS, BY REGION, 2021–2026 (USD MILLION)
6.6 OTHERS
TABLE 13 RECYCLED PLASTICS MARKET SIZE FROM OTHER SOURCES, BY REGION, 2018–2020 (USD MILLION)
TABLE 14 RECYCLED PLASTICS MARKET SIZE FROM OTHER SOURCES, BY REGION, 2021–2026 (USD MILLION)
7 RECYCLED PLASTICS MARKET, BY TYPE (Page No. - 86)
7.1 INTRODUCTION
FIGURE 22 PET TO DOMINATE RECYCLED PLASTICS MARKET BETWEEN 2021 AND 2026
TABLE 15 RECYCLED PLASTICS MARKET SIZE, BY TYPE, 2018–2020 (USD MILLION)
TABLE 16 RECYCLED PLASTICS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 17 RECYCLED PLASTICS MARKET SIZE, BY TYPE, 2018–2020 (KILOTON)
TABLE 18 RECYCLED PLASTICS MARKET SIZE, BY TYPE, 2021–2026 (KILOTON)
7.2 POLYETHYLENE TEREPHTHALATE (PET)
7.2.1 PET CAN BE RECOVERED AND RECYCLED REPEATEDLY
TABLE 19 PET RECYCLED PLASTICS MARKET SIZE, BY REGION, 2018–2020 (USD MILLION)
TABLE 20 PET RECYCLED PLASTICS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
TABLE 21 PET RECYCLED PLASTICS MARKET SIZE, BY REGION, 2018–2020 (KILOTON)
TABLE 22 PET RECYCLED PLASTICS MARKET SIZE, BY REGION, 2021–2026 (KILOTON)
7.3 POLYETHYLENE (PE)
7.3.1 PE IS THE EASIEST PLASTIC POLYMER TO RECYCLE
TABLE 23 PE RECYCLED PLASTICS MARKET SIZE, BY REGION, 2018–2020 (USD MILLION)
TABLE 24 PE RECYCLED PLASTICS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
TABLE 25 PE RECYCLED PLASTICS MARKET SIZE, BY REGION, 2018–2020 (KILOTON)
TABLE 26 PE RECYCLED PLASTICS MARKET SIZE, BY REGION, 2021–2026 (KILOTON)
7.4 POLYVINYL CHLORIDE (PVC)
7.4.1 PVC IS LARGELY USED IN BUILDING & CONSTRUCTION INDUSTRY
TABLE 27 PVC RECYCLED PLASTICS MARKET SIZE, BY REGION, 2018–2020 (USD MILLION)
TABLE 28 PVC RECYCLED PLASTICS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
TABLE 29 PVC RECYCLED PLASTICS MARKET SIZE, BY REGION, 2018–2020 (KILOTON)
TABLE 30 PVC RECYCLED PLASTICS MARKET SIZE, BY REGION, 2021–2026 (KILOTON)
7.5 POLYPROPYLENE (PP)
7.5.1 PP MARKET TO GROW IN COMING YEARS
TABLE 31 PP RECYCLED PLASTICS MARKET SIZE, BY REGION, 2018–2020 (USD MILLION)
TABLE 32 PP RECYCLED PLASTICS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
TABLE 33 PP RECYCLED PLASTICS MARKET SIZE, BY REGION, 2018–2020 (KILOTON)
TABLE 34 PP RECYCLED PLASTICS MARKET SIZE, BY REGION, 2021–2026 (KILOTON)
7.6 POLYSTYRENE (PS)
7.6.1 PS IS ONE OF THE INEXPENSIVE RESINS
TABLE 35 PS RECYCLED PLASTICS MARKET SIZE, BY REGION, 2018–2020 (USD MILLION)
TABLE 36 PS RECYCLED PLASTICS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
TABLE 37 PS RECYCLED PLASTICS MARKET SIZE, BY REGION, 2018–2020 (KILOTON)
TABLE 38 PS RECYCLED PLASTICS MARKET SIZE, BY REGION, 2021–2026 (KILOTON)
7.7 OTHERS
TABLE 39 OTHER RECYCLED PLASTICS MARKET SIZE, BY REGION, 2018–2020 (USD MILLION)
TABLE 40 OTHER RECYCLED PLASTICS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
TABLE 41 OTHER RECYCLED PLASTICS MARKET SIZE, BY REGION, 2018–2020 (KILOTON)
TABLE 42 OTHER RECYCLED PLASTICS MARKET SIZE, BY REGION, 2021–2026 (KILOTON)
8 RECYCLED PLASTICS MARKET, BY END-USE INDUSTRY (Page No. - 99)
8.1 INTRODUCTION
FIGURE 23 PACKAGING TO BE LEADING END-USE INDUSTRY IN RECYCLED PLASTICS MARKET, BETWEEN 2021 AND 2026
TABLE 43 RECYCLED PLASTICS MARKET, BY END-USE INDUSTRY, 2018–2020 (USD MILLION)
TABLE 44 RECYCLED PLASTICS MARKET, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
8.2 PACKAGING
8.2.1 FOOD PACKAGING INDUSTRY TO SHIFT TO RECYCLED PLASTICS
TABLE 45 RECYCLED PLASTICS MARKET SIZE IN PACKAGING END-USE INDUSTRY, BY REGION, 2018–2020 (USD MILLION)
TABLE 46 RECYCLED PLASTICS MARKET SIZE IN PACKAGING END-USE INDUSTRY, BY REGION, 2021–2026 (USD MILLION)
8.3 BUILDING & CONSTRUCTION
8.3.1 CONCRETE CONSTRUCTIONS CAN BE MADE BY RECYCLED PLASTICS
TABLE 47 RECYCLED PLASTICS MARKET SIZE IN BUILDING & CONSTRUCTION END-USE INDUSTRY, BY REGION, 2018–2020 (USD MILLION)
TABLE 48 RECYCLED PLASTICS MARKET SIZE IN BUILDING & CONSTRUCTION END-USE INDUSTRY, BY REGION, 2021–2026 (USD MILLION)
8.4 TEXTILE
8.4.1 TEXTILE INDUSTRY LOOKING FOR ENVIRONMENT-FRIENDLY MATERIALS
TABLE 49 RECYCLED PLASTICS MARKET SIZE IN TEXTILE END-USE INDUSTRY, BY REGION, 2018–2020 (USD MILLION)
TABLE 50 RECYCLED PLASTICS MARKET SIZE IN TEXTILE END-USE INDUSTRY, BY REGION, 2021–2026 (USD MILLION)
8.5 AUTOMOTIVE
8.5.1 RECYCLED PLASTICS CAN REDUCE VEHICLE WEIGHT
TABLE 51 RECYCLED PLASTICS MARKET SIZE IN AUTOMOTIVE END-USE INDUSTRY, BY REGION, 2018–2020 (USD MILLION)
TABLE 52 RECYCLED PLASTICS MARKET SIZE IN AUTOMOTIVE END-USE INDUSTRY, BY REGION, 2021–2026 (USD MILLION)
8.6 ELECTRICAL & ELECTRONICS
8.6.1 OLD PLASTIC BOTTLES ARE FINDING NEW LIFE AS RECYCLED MATERIALS IN ELECTRICAL & ELECTRONICS INDUSTRY
TABLE 53 RECYCLED PLASTICS MARKET SIZE IN ELECTRICAL & ELECTRONICS END-USE INDUSTRY, BY REGION, 2018–2020 (USD MILLION)
TABLE 54 RECYCLED PLASTICS MARKET SIZE IN ELECTRICAL & ELECTRONICS END-USE INDUSTRY, BY REGION, 2021–2026 (USD MILLION)
8.7 OTHERS
TABLE 55 RECYCLED PLASTICS MARKET SIZE IN OTHER END-USE INDUSTRIES, BY REGION, 2018–2020 (USD MILLION)
TABLE 56 RECYCLED PLASTICS MARKET SIZE IN OTHER END-USE INDUSTRIES, BY REGION, 2021–2026 (USD MILLION)
9 RECYCLED PLASTICS MARKET, BY REGION (Page No. - 108)
9.1 INTRODUCTION
FIGURE 24 ASIA PACIFIC AND NORTH AMERICA TO EMERGE AS NEW STRATEGIC DESTINATIONS IN GLOBAL RECYCLED PLASTICS MARKET
TABLE 57 RECYCLED PLASTICS MARKET SIZE, BY REGION, 2018–2020 (USD MILLION)
TABLE 58 RECYCLED PLASTICS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
TABLE 59 RECYCLED PLASTICS MARKET SIZE, BY REGION, 2018–2020 (KILOTON)
TABLE 60 RECYCLED PLASTICS MARKET SIZE, BY REGION, 2021–2026 (KILOTON)
9.2 ASIA PACIFIC
FIGURE 25 ASIA PACIFIC: RECYCLED PLASTICS MARKET SNAPSHOT
TABLE 61 ASIA PACIFIC: RECYCLED PLASTICS MARKET SIZE, BY COUNTRY, 2018–2020 (USD MILLION)
TABLE 62 ASIA PACIFIC: RECYCLED PLASTICS MARKET SIZE, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 63 ASIA PACIFIC: RECYCLED PLASTICS MARKET SIZE, BY COUNTRY, 2018–2020 (KILOTON)
TABLE 64 ASIA PACIFIC: RECYCLED PLASTICS MARKET SIZE, BY COUNTRY, 2021–2026 (KILOTON)
TABLE 65 ASIA PACIFIC: RECYCLED PLASTICS MARKET SIZE, BY TYPE, 2018–2020 (USD MILLION)
TABLE 66 ASIA PACIFIC: RECYCLED PLASTICS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 67 ASIA PACIFIC: RECYCLED PLASTICS MARKET SIZE, BY TYPE, 2018–2020 (KILOTON)
TABLE 68 ASIA PACIFIC: RECYCLED PLASTICS MARKET SIZE, BY TYPE, 2021–2026 (KILOTON)
TABLE 69 ASIA PACIFIC: RECYCLED PLASTICS MARKET SIZE, BY SOURCE, 2018–2020 (USD MILLION)
TABLE 70 ASIA PACIFIC: RECYCLED PLASTICS MARKET SIZE, BY SOURCE, 2021–2026 (USD MILLION)
TABLE 71 ASIA PACIFIC: RECYCLED PLASTICS MARKET SIZE, BY END-USE INDUSTRY, 2018–2020 (USD MILLION)
TABLE 72 ASIA PACIFIC: RECYCLED PLASTICS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
9.2.1 CHINA
9.2.1.1 Domestic plastic recycling rate in China to increase
TABLE 73 CHINA: RECYCLED PLASTICS MARKET SIZE, BY TYPE, 2018–2020 (USD MILLION)
TABLE 74 CHINA: RECYCLED PLASTICS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 75 CHINA: RECYCLED PLASTICS MARKET SIZE, BY END-USE INDUSTRY, 2018–2020 (USD MILLION)
TABLE 76 CHINA: RECYCLED PLASTICS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
9.2.2 JAPAN
9.2.2.1 One of the leading international sources of plastic garbage
TABLE 77 JAPAN: RECYCLED PLASTICS MARKET SIZE, BY TYPE, 2018–2020 (USD MILLION)
TABLE 78 JAPAN: RECYCLED PLASTICS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 79 JAPAN: RECYCLED PLASTICS MARKET SIZE, BY END-USE INDUSTRY, 2018–2020 (USD MILLION)
TABLE 80 JAPAN: RECYCLED PLASTICS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
9.2.3 INDIA
9.2.3.1 Leading recycled plastics manufacturers have announced to increase their recycling capacities in the country
TABLE 81 INDIA: RECYCLED PLASTICS MARKET SIZE, BY TYPE, 2018–2020 (USD MILLION)
TABLE 82 INDIA: RECYCLED PLASTICS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 83 INDIA: RECYCLED PLASTICS MARKET SIZE, BY END-USE INDUSTRY, 2018–2020 (USD MILLION)
TABLE 84 INDIA: RECYCLED PLASTICS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
9.2.4 SOUTH KOREA
9.2.4.1 Various manufacturers in South Korea now operate on-site recycling facilities
TABLE 85 SOUTH KOREA: RECYCLED PLASTICS MARKET SIZE, BY TYPE, 2018–2020 (USD MILLION)
TABLE 86 SOUTH KOREA: RECYCLED PLASTICS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 87 SOUTH KOREA: RECYCLED PLASTICS MARKET SIZE, BY END-USE INDUSTRY, 2018–2020 (USD MILLION)
TABLE 88 SOUTH KOREA: RECYCLED PLASTICS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
9.2.5 REST OF ASIA PACIFIC
TABLE 89 REST OF ASIA PACIFIC: RECYCLED PLASTICS MARKET SIZE, BY TYPE, 2018–2020 (USD MILLION)
TABLE 90 REST OF ASIA PACIFIC: RECYCLED PLASTICS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 91 REST OF ASIA PACIFIC: RECYCLED PLASTICS MARKET SIZE, BY END-USE INDUSTRY, 2018–2020 (USD MILLION)
TABLE 92 REST OF ASIA PACIFIC: RECYCLED PLASTICS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
9.3 EUROPE
FIGURE 26 EUROPE: RECYCLED PLASTICS MARKET SNAPSHOT
TABLE 93 EUROPE: RECYCLED PLASTICS MARKET SIZE, BY COUNTRY, 2018–2020 (USD MILLION)
TABLE 94 EUROPE: RECYCLED PLASTICS MARKET SIZE, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 95 EUROPE: RECYCLED PLASTICS MARKET SIZE, BY COUNTRY, 2018–2020 (KILOTON)
TABLE 96 EUROPE: RECYCLED PLASTICS MARKET SIZE, BY COUNTRY, 2021–2026 (KILOTON)
TABLE 97 EUROPE: RECYCLED PLASTICS MARKET SIZE, BY TYPE, 2018–2020 (USD MILLION)
TABLE 98 EUROPE: RECYCLED PLASTICS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 99 EUROPE: RECYCLED PLASTICS MARKET SIZE, BY TYPE, 2018–2020 (KILOTON)
TABLE 100 EUROPE: RECYCLED PLASTICS MARKET SIZE, BY TYPE, 2021–2026 (KILOTON)
TABLE 101 EUROPE: RECYCLED PLASTICS MARKET SIZE, BY SOURCE, 2018–2020 (USD MILLION)
TABLE 102 EUROPE: RECYCLED PLASTICS MARKET SIZE, BY SOURCE, 2021–2026 (USD MILLION)
TABLE 103 EUROPE: RECYCLED PLASTICS MARKET SIZE, BY END-USE INDUSTRY, 2018–2020 (USD MILLION)
TABLE 104 EUROPE: RECYCLED PLASTICS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
9.3.1 GERMANY
9.3.1.1 Germany holds a key position in the regional recycled plastics market
TABLE 105 GERMANY: RECYCLED PLASTICS MARKET SIZE, BY TYPE, 2018–2020 (USD MILLION)
TABLE 106 GERMANY: RECYCLED PLASTICS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 107 GERMANY: RECYCLED PLASTICS MARKET SIZE, BY END-USE INDUSTRY, 2018–2020 (USD MILLION)
TABLE 108 GERMANY: RECYCLED PLASTICS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
9.3.2 UK
9.3.2.1 There is an increasing preference for recycled plastics among consumers and manufacturers
TABLE 109 UK: RECYCLED PLASTICS MARKET SIZE, BY TYPE, 2018–2020 (USD MILLION)
TABLE 110 UK: RECYCLED PLASTICS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 111 UK: RECYCLED PLASTICS MARKET SIZE, BY END-USE INDUSTRY, 2018–2020 (USD MILLION)
TABLE 112 UK: RECYCLED PLASTICS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
9.3.3 FRANCE
9.3.3.1 France will ban plastic packaging for almost all fruits and veggies
TABLE 113 FRANCE: RECYCLED PLASTICS MARKET SIZE, BY TYPE, 2018–2020 (USD MILLION)
TABLE 114 FRANCE: RECYCLED PLASTICS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 115 FRANCE: RECYCLED PLASTICS MARKET SIZE, BY END-USE INDUSTRY, 2018–2020 (USD MILLION)
TABLE 116 FRANCE: RECYCLED PLASTICS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
9.3.4 ITALY
9.3.4.1 Technologically advanced equipment is one of the driving factors for plastics recycling
TABLE 117 ITALY: RECYCLED PLASTICS MARKET SIZE, BY TYPE, 2018–2020 (USD MILLION)
TABLE 118 ITALY: RECYCLED PLASTICS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 119 ITALY: RECYCLED PLASTICS MARKET SIZE, BY END-USE INDUSTRY, 2018–2020 (USD MILLION)
TABLE 120 ITALY: RECYCLED PLASTICS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
9.3.5 SPAIN
9.3.5.1 Spanish plastic raw material manufacturers are also investing in the plastic recycling sector
TABLE 121 SPAIN: RECYCLED PLASTICS MARKET SIZE, BY TYPE, 2018–2020 (USD MILLION)
TABLE 122 SPAIN: RECYCLED PLASTICS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 123 SPAIN: RECYCLED PLASTICS MARKET SIZE, BY END-USE INDUSTRY, 2018–2020 (USD MILLION)
TABLE 124 SPAIN: RECYCLED PLASTICS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
9.3.6 REST OF EUROPE
TABLE 125 REST OF EUROPE: RECYCLED PLASTICS MARKET SIZE, BY TYPE, –2020 (USD MILLION)
TABLE 126 REST OF EUROPE: RECYCLED PLASTICS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 127 REST OF EUROPE: RECYCLED PLASTICS MARKET SIZE, BY END-USE INDUSTRY, 2018–2020 (USD MILLION)
TABLE 128 REST OF EUROPE: RECYCLED PLASTICS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
9.4 NORTH AMERICA
FIGURE 27 NORTH AMERICA: RECYCLED PLASTICS MARKET SNAPSHOT
TABLE 129 NORTH AMERICA: RECYCLED PLASTICS MARKET SIZE, BY COUNTRY, 2018–2020 (USD MILLION)
TABLE 130 NORTH AMERICA: RECYCLED PLASTICS MARKET SIZE, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 131 NORTH AMERICA: RECYCLED PLASTICS MARKET SIZE, BY COUNTRY, 2018–2020 (KILOTON)
TABLE 132 NORTH AMERICA: RECYCLED PLASTICS MARKET SIZE, BY COUNTRY, 2021–2026 (KILOTON)
TABLE 133 NORTH AMERICA: RECYCLED PLASTICS MARKET SIZE, BY END-USE INDUSTRY, 2018–2020 (USD MILLION)
TABLE 134 NORTH AMERICA: RECYCLED PLASTICS MARKET SIZE, BY END-USE INDUSTRY 2021–2026 (USD MILLION)
TABLE 135 NORTH AMERICA: RECYCLED PLASTICS MARKET SIZE, BY TYPE, 2018–2020 (USD MILLION)
TABLE 136 NORTH AMERICA: RECYCLED PLASTICS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 137 NORTH AMERICA: RECYCLED PLASTICS MARKET SIZE, BY TYPE, 2018–2020 (KILOTON)
TABLE 138 NORTH AMERICA: RECYCLED PLASTICS MARKET SIZE, BY TYPE, 2021–2026 (KILOTON)
TABLE 139 NORTH AMERICA: RECYCLED PLASTICS MARKET SIZE, BY SOURCE, 2018–2020 (USD MILLION)
TABLE 140 NORTH AMERICA: RECYCLED PLASTICS MARKET SIZE, BY SOURCE, 2021–2026 (USD MILLION)
9.4.1 US
9.4.1.1 The country has increased its domestic recycling
TABLE 141 US: RECYCLED PLASTICS MARKET SIZE, BY TYPE, 2018–2020 (USD MILLION)
TABLE 142 US: RECYCLED PLASTICS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 143 US: RECYCLED PLASTICS MARKET SIZE, BY END-USE INDUSTRY, 2018–2020 (USD MILLION)
TABLE 144 US: RECYCLED PLASTICS MARKET SIZE, BY END-USE INDUSTRY 2021–2026 (USD MILLION)
9.4.2 CANADA
9.4.2.1 Canada banned single-use plastics
TABLE 145 CANADA: RECYCLED PLASTICS MARKET SIZE, BY TYPE, 2018–2020 (USD MILLION)
TABLE 146 CANADA: RECYCLED PLASTICS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 147 CANADA: RECYCLED PLASTICS MARKET SIZE, BY END-USE INDUSTRY, 2018–2020 (USD MILLION)
TABLE 148 CANADA: RECYCLED PLASTICS MARKET SIZE, BY END-USE INDUSTRY 2021–2026 (USD MILLION)
9.4.3 MEXICO
9.4.3.1 Mexico is the world’s largest consumer of bottled water
TABLE 149 MEXICO: RECYCLED PLASTICS MARKET SIZE, BY TYPE, 2018–2020 (USD MILLION)
TABLE 150 MEXICO: RECYCLED PLASTICS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 151 MEXICO: RECYCLED PLASTICS MARKET SIZE, BY END-USE INDUSTRY, 2018–2020 (USD MILLION)
TABLE 152 MEXICO: RECYCLED PLASTICS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
9.5 SOUTH AMERICA
TABLE 153 SOUTH AMERICA: RECYCLED PLASTICS MARKET SIZE, BY COUNTRY, 2018–2020 (USD MILLION)
TABLE 154 SOUTH AMERICA: RECYCLED PLASTICS MARKET SIZE, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 155 SOUTH AMERICA: RECYCLED PLASTICS MARKET SIZE, BY COUNTRY, 2018–2020 (KILOTON)
TABLE 156 SOUTH AMERICA: RECYCLED PLASTICS MARKET SIZE, BY COUNTRY, 2021–2026 (KILOTON)
TABLE 157 SOUTH AMERICA: RECYCLED PLASTICS MARKET SIZE, BY END-USE INDUSTRY, 2018–2020 (USD MILLION)
TABLE 158 SOUTH AMERICA: RECYCLED PLASTICS MARKET SIZE, BY END-USE INDUSTRY 2021–2026 (USD MILLION)
TABLE 159 SOUTH AMERICA: RECYCLED PLASTICS MARKET SIZE, BY TYPE, 2018–2020 (USD MILLION)
TABLE 160 SOUTH AMERICA: RECYCLED PLASTICS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 161 SOUTH AMERICA: RECYCLED PLASTICS MARKET SIZE, BY TYPE, 2018–2020 (KILOTON)
TABLE 162 SOUTH AMERICA: RECYCLED PLASTICS MARKET SIZE, BY TYPE, 2021–2026 (KILOTON)
TABLE 163 SOUTH AMERICA: RECYCLED PLASTICS MARKET SIZE, BY SOURCE, 2018–2020 (USD MILLION)
TABLE 164 SOUTH AMERICA: RECYCLED PLASTICS MARKET SIZE, BY SOURCE, 2021–2026 (USD MILLION)
9.5.1 BRAZIL
9.5.1.1 The use of recycled plastics is improving
TABLE 165 BRAZIL: RECYCLED PLASTICS MARKET SIZE, BY TYPE, 2018–2020 (USD MILLION)
TABLE 166 BRAZIL: RECYCLED PLASTICS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 167 BRAZIL: RECYCLED PLASTICS MARKET SIZE, BY END-USE INDUSTRY, 2018–2020 (USD MILLION)
TABLE 168 BRAZIL: RECYCLED PLASTICS MARKET SIZE, BY END-USE INDUSTRY 2021–2026 (USD MILLION)
9.5.2 ARGENTINA
9.5.2.1 Argentina is one of the largest food & beverage markets
TABLE 169 ARGENTINA: RECYCLED PLASTICS MARKET SIZE, BY TYPE, 2018–2020 (USD MILLION)
TABLE 170 ARGENTINA: RECYCLED PLASTICS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 171 ARGENTINA: RECYCLED PLASTICS MARKET SIZE, BY END-USE INDUSTRY, 2018–2020 (USD MILLION)
TABLE 172 ARGENTINA: RECYCLED PLASTICS MARKET SIZE, BY END-USE INDUSTRY 2021–2026 (USD MILLION)
9.5.3 REST OF SOUTH AMERICA
TABLE 173 REST OF SOUTH AMERICA: RECYCLED PLASTICS MARKET SIZE, BY TYPE, 2018–2020 (USD MILLION)
TABLE 174 REST OF SOUTH AMERICA: RECYCLED PLASTICS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 175 REST OF SOUTH AMERICA: RECYCLED PLASTICS MARKET SIZE, BY END-USE INDUSTRY, 2018–2020 (USD MILLION)
TABLE 176 REST OF SOUTH AMERICA: RECYCLED PLASTICS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
9.6 MIDDLE EAST & AFRICA
TABLE 177 MIDDLE EAST & AFRICA: RECYCLED PLASTICS MARKET SIZE, BY COUNTRY, 2018–2020 (USD MILLION)
TABLE 178 MIDDLE EAST & AFRICA: RECYCLED PLASTICS MARKET SIZE, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 179 MIDDLE EAST & AFRICA: RECYCLED PLASTICS MARKET SIZE, BY COUNTRY, 2018–2020 (KILOTON)
TABLE 180 MIDDLE EAST & AFRICA: RECYCLED PLASTICS MARKET SIZE, BY COUNTRY, 2021–2026 (KILOTON)
TABLE 181 MIDDLE EAST & AFRICA: RECYCLED PLASTICS MARKET SIZE, BY END-USE INDUSTRY, 2018–2020 (USD MILLION)
TABLE 182 MIDDLE EAST & AFRICA: RECYCLED PLASTICS MARKET SIZE, BY END-USE INDUSTRY 2021–2026 (USD MILLION)
TABLE 183 MIDDLE EAST & AFRICA: RECYCLED PLASTICS MARKET SIZE, BY TYPE, 2018–2020 (USD MILLION)
TABLE 184 MIDDLE EAST & AFRICA: RECYCLED PLASTICS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 185 MIDDLE EAST & AFRICA: RECYCLED PLASTICS MARKET SIZE, BY TYPE, 2018–2020 (KILOTON)
TABLE 186 MIDDLE EAST & AFRICA: RECYCLED PLASTICS MARKET SIZE, BY TYPE, 2021–2026 (KILOTON)
TABLE 187 MIDDLE EAST & AFRICA: RECYCLED PLASTICS MARKET SIZE, BY SOURCE, 2018–2020 (USD MILLION)
TABLE 188 MIDDLE EAST & AFRICA: RECYCLED PLASTICS MARKET SIZE, BY SOURCE, 2021–2026 (USD MILLION)
9.6.1 IRAN
9.6.1.1 The country’s packaging industry is developing at a high rate
TABLE 189 IRAN: RECYCLED PLASTICS MARKET SIZE, BY TYPE, 2018–2020 (USD MILLION)
TABLE 190 IRAN: RECYCLED PLASTICS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 191 IRAN: RECYCLED PLASTICS MARKET SIZE, BY END-USE INDUSTRY, 2018–2020 (USD MILLION)
TABLE 192 IRAN: RECYCLED PLASTICS MARKET SIZE, BY END-USE INDUSTRY 2021–2026 (USD MILLION)
9.6.2 SAUDI ARABIA
9.6.2.1 The consumers are investing in innovative packaging designs for newer recycled plastic products
TABLE 193 SAUDI ARABIA: RECYCLED PLASTICS MARKET SIZE, BY TYPE, 2018–2020 (USD MILLION)
TABLE 194 SAUDI ARABIA: RECYCLED PLASTICS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 195 SAUDI ARABIA: RECYCLED PLASTICS MARKET SIZE, BY END-USE INDUSTRY, 2018–2020 (USD MILLION)
TABLE 196 SAUDI ARABIA: RECYCLED PLASTICS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
9.6.3 SOUTH AFRICA
9.6.3.1 Increasing use of recycled plastics in packaging application
TABLE 197 SOUTH AFRICA: RECYCLED PLASTICS MARKET SIZE, BY TYPE, 2018–2020 (USD MILLION)
TABLE 198 SOUTH AFRICA: RECYCLED PLASTICS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 199 SOUTH AFRICA: RECYCLED PLASTICS MARKET SIZE, BY END-USE INDUSTRY, 2018–2020 (USD MILLION)
TABLE 200 SOUTH AFRICA: RECYCLED PLASTICS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
9.6.4 REST OF MIDDLE EAST & AFRICA
TABLE 201 REST OF MIDDLE EAST & AFRICA: RECYCLED PLASTICS MARKET SIZE, BY TYPE, 2018–2020 (USD MILLION)
TABLE 202 REST OF MIDDLE EAST & AFRICA: RECYCLED PLASTICS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 203 REST OF MIDDLE EAST & AFRICA: RECYCLED PLASTICS MARKET SIZE, BY END-USE INDUSTRY, 2018–2020 (USD MILLION)
TABLE 204 REST OF MIDDLE EAST & AFRICA: RECYCLED PLASTICS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
10 COMPETITIVE LANDSCAPE (Page No. - 176)
10.1 OVERVIEW
FIGURE 28 COMPANIES’ KEY GROWTH STRATEGIES, 2018–2021
10.2 MARKET RANKING
FIGURE 29 MARKET RANKING OF KEY PLAYERS, 2021
10.3 REVENUE ANALYSIS
FIGURE 30 REVENUE ANALYSIS FOR KEY COMPANIES IN RECYCLED PLASTICS MARKET
10.4 MARKET SHARE ANALYSIS
TABLE 205 RECYCLED PLASTICS MARKET: MARKET SHARES OF KEY PLAYERS
FIGURE 31 SHARE OF LEADING COMPANIES IN RECYCLED PLASTICS MARKET
10.5 COMPETITIVE SITUATION AND TRENDS
10.5.1 DEALS
TABLE 206 DEALS, 2018–2021
10.5.2 OTHER DEVELOPMENTS
TABLE 207 OTHER DEVELOPMENTS, 2018–2021
10.6 COMPETITIVE EVALUATION MATRIX
10.6.1 OVERVIEW
10.6.2 STAR
10.6.3 PERVASIVE
10.6.4 EMERGING LEADER
10.6.5 PARTICIPANT
FIGURE 32 RECYCLED PLASTICS MARKET: COMPANY EVALUATION MATRIX, 2020
10.7 COMPETITIVE BENCHMARKING
10.7.1 COMPANY OVERALL FOOTPRINT
10.7.2 COMPANY PRODUCT TYPE FOOTPRINT
10.7.3 COMPANY END-USE INDUSTRY FOOTPRINT
10.7.4 COMPANY REGION FOOTPRINT
10.8 COMPETITIVE LEADERSHIP MAPPING [SMALL AND MEDIUM-SIZED ENTERPRISES (SME) MATRIX]
10.8.1 PROGRESSIVE COMPANIES
10.8.2 STARTING BLOCKS
10.8.3 RESPONSIVE COMPANIES
10.8.4 DYNAMIC COMPANIES
FIGURE 33 RECYCLED PLASTICS MARKET: SME MATRIX, 2020
11 COMPANY PROFILES (Page No. - 194)
11.1 KEY COMPANIES
(Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
11.1.1 INDORAMA VENTURES PUBLIC LTD.
TABLE 208 INDORAMA VENTURES PUBLIC LTD.: COMPANY OVERVIEW
FIGURE 34 INDORAMA VENTURES PUBLIC LTD.: COMPANY SNAPSHOT
TABLE 209 INDORAMA VENTURES PUBLIC LIMITED: DEALS
11.1.2 VEOLIA
TABLE 210 VEOLIA: COMPANY OVERVIEW
FIGURE 35 VEOLIA: COMPANY SNAPSHOT
TABLE 211 VEOLIA: DEALS
11.1.3 SUEZ
TABLE 212 SUEZ: COMPANY OVERVIEW
FIGURE 36 SUEZ: COMPANY SNAPSHOT
TABLE 213 SUEZ: DEALS
TABLE 214 SUEZ: OTHER DEVELOPMENTS
11.1.4 JAYPLAS
TABLE 215 JAYPLAS: COMPANY OVERVIEW
TABLE 216 JAYPLAS: DEALS
TABLE 217 JAYPLAS: OTHER DEVELOPMENTS
11.1.5 ALPEK
TABLE 218 ALPEK: COMPANY OVERVIEW
FIGURE 37 ALPEK: COMPANY SNAPSHOT
TABLE 219 ALPEK: DEALS
11.1.6 BIFFA
TABLE 220 BIFFA: COMPANY OVERVIEW
FIGURE 38 BIFFA: COMPANY SNAPSHOT
TABLE 221 BIFFA: DEALS
TABLE 222 BIFFA: OTHER DEVELOPMENTS
11.1.7 REPUBLIC SERVICES
TABLE 223 REPUBLIC SERVICES: COMPANY OVERVIEW
FIGURE 39 REPUBLIC SERVICES: COMPANY SNAPSHOT
TABLE 224 REPUBLIC SERVICES: DEAL
11.1.8 STERICYCLE
TABLE 225 STERICYCLE: COMPANY OVERVIEW
FIGURE 40 STERICYCLE: COMPANY SNAPSHOT
11.1.9 FAR EASTERN NEW CENTURY CORPORATION
TABLE 226 FAR EASTERN NEW CENTURY CORPORATION: COMPANY OVERVIEW
FIGURE 41 FAR EASTERN NEW CENTURY CORPORATION: COMPANY SNAPSHOT
TABLE 227 FAR EASTERN NEW CENTURY CORPORATION: DEALS
11.1.10 KW PLASTICS
TABLE 228 KW PLASTICS: COMPANY OVERVIEW
TABLE 229 KW PLASTICS: OTHER DEVELOPMENTS
11.1.11 B.SCHOENBERG & CO.
TABLE 230 B.SCHOENBERG & CO.: COMPANY OVERVIEW
11.1.12 B&B PLASTICS
TABLE 231 B&B PLASTICS: COMPANY OVERVIEW
11.1.13 REMONDIS SE & CO. KG
TABLE 232 REMONDIS SE & CO. KG: COMPANY OVERVIEW
TABLE 233 REMONDIS SE & CO. KG: DEALS
TABLE 234 REMONDIS SE & CO. KG: OTHER DEVELOPMENTS
11.1.14 CLEAR PATH RECYCLING
TABLE 235 CLEAR PATH RECYCLING: COMPANY OVERVIEW
TABLE 236 CLEAR PATH RECYCLING: DEALS
11.1.15 CUSTOM POLYMERS
TABLE 237 CUSTOM POLYMERS: COMPANY OVERVIEW
11.1.16 PLASTIPAK HOLDINGS
TABLE 238 PLASTIPAK HOLDINGS: COMPANY OVERVIEW
TABLE 239 PLASTIPAK HOLDINGS: DEAL
TABLE 240 PLASTIPAK HOLDINGS: OTHER DEVELOPMENTS
11.1.17 WASTE CONNECTIONS, INC.
TABLE 241 WASTE CONNECTIONS, INC.: COMPANY OVERVIEW
TABLE 242 WASTE CONNECTIONS, INC : DEALS
11.1.18 MBA POLYMERS
TABLE 243 MBA POLYMERS: COMPANY OVERVIEW
TABLE 244 MBA POLYMERS: DEALS
11.2 OTHER PLAYERS
11.2.1 ULTRA POLY CORPORATION
TABLE 245 ULTRA POLY CORPORATION: COMPANY OVERVIEW
11.2.2 IMERYS
TABLE 246 IMERYS : COMPANY OVERVIEW
11.2.3 ENVISION PLASTICS
TABLE 247 ENVISION PLASTICS: COMPANY OVERVIEW
11.2.4 PLASGRAN
TABLE 248 PLASGRAN: COMPANY OVERVIEW
11.2.5 KK ASIA PTE LTD
TABLE 249 KK ASIA PTE LTD.: COMPANY OVERVIEW
11.2.6 PET PROCESSORS LLC
TABLE 250 PET PROCESSORS LLC: COMPANY OVERVIEW
11.2.7 CABKA GROUP
TABLE 251 CABKA GROUP: COMPANY OVERVIEW
11.2.8 PHOENIX TECHNOLOGIES
TABLE 252 PHOENIX TECHNOLOGIES: COMPANY OVERVIEW
11.2.9 FRESH PAK CORPORATION
TABLE 253 FRESH PAK CORPORATION: COMPANY OVERVIEW
11.2.10 REPLAS
TABLE 254 REPLAS: COMPANY OVERVIEW
11.3 LIST OF OTHER IMPORTANT PLAYERS
*Details on Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
12 APPENDIX (Page No. - 245)
12.1 DISCUSSION GUIDE
12.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
12.3 AVAILABLE CUSTOMIZATIONS
12.4 RELATED REPORTS
12.5 AUTHOR DETAILS
The study involved four major activities in estimating the current size of the recycled plastics market. Exhaustive secondary research was done to collect information on the market, peer markets, and parent market. The next step was to validate these findings, assumptions, and sizing with the industry experts across the recycled plastics value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation were used to estimate the market size of segments and subsegments.
Secondary Research
Secondary sources referred to for this study include Hoovers, Bloomberg, BusinessWeek, and Dun & Bradstreet, were referred for identifying and collecting information for this study. These secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, and articles by recognized authors, authenticated directories, and databases. Secondary data has been collected and analysed to arrive at the overall market size, which is further validated by primary research.
Primary Research
The recycled plastics market comprises several stakeholders, such as raw material suppliers, manufacturers, distributors, microencapsulation service providers, end-product manufacturers, and regulatory organizations in the supply chain.
As part of the primary research process, various primary sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report on the recycled plastics market. Primary sources from the supply side included industry experts such as Chief Executive Officers (CEOs), vice presidents, marketing directors, technology and innovation directors, and related key executives from various key companies and organizations operating in the recycled plastics market. Primary sources from the demand side included directors, marketing heads, and purchase managers from various end-use industries.
Breakdown of the Primary Interviews
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the total size of the recycled plastics market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size included the following:
- The key players in the market have been identified through extensive secondary research.
- The supply chain of the industry and the market size in terms of value and volume have been determined through primary and secondary research.
- All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
- All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data
- The research includes the study of reports, reviews, and newsletters of the key market players, along with extensive interviews for opinions from leaders such as directors and marketing executives
Global Recycled Plastics Market Size: Bottom-Up Approach
To know about the assumptions considered for the study, Request for Free Sample Report
Data Triangulation
After arriving at the overall market size—using the market size estimation processes as explained above—the market was split into several segments and subsegments. In order to complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, the data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides. In addition to this, the market size was validated using both top-down and bottom-up approaches.
Report Objectives
- To define, describe, and forecast the recycled plastics market in terms of value and volume
- To provide detailed information about the key growth factors (drivers, restraints, opportunities, and challenges) influencing the growth of the market
- To analyze and forecast the size of the market on the basis of source, type, and end-use industry
- To estimate and forecast the market size on the basis of five regions: Europe, Asia Pacific (APAC), North America, the Middle East & Africa, and South America
- To estimate and forecast the recycled plastics market at the country level in each of the regions
- To analyze market opportunities and competitive landscape of the stakeholders and market leaders
- To analyze competitive developments, such as new product developments, expansions, acquisitions, and joint ventures in the market
- To strategically identify and profile key market players and analyze their core competencies
Available Customizations
MarketsandMarkets offers the following customizations for this market report:
- Further country-level breakdown of the Rest of Europe into Sweden, Norway, and Denmark recycled plastics market
- Product matrix, which gives a detailed comparison of the product portfolio of each company
- Profiling of additional market players (up to five)
Growth opportunities and latent adjacency in Recycled Plastics Market