According to a market report by Lucintel, the future of the global post-consumer recycled plastic market looks promising with opportunities in the packaging, building & construction, automotive, and electronic markets. The global post-consumer recycled plastic market is expected to reach an estimated $21 billion by 2030 with a CAGR of 5.2% from 2024 to 2030. The major drivers for this market are rising government initiatives towards promoting sustainable waste management and growing consumer inclination towards sustainable product choices.
A more than 150–page
report is developed to understand Trends, opportunity and forecast in global post-consumer
recycled plastic market to 2030 by source (bottles, non-bottle rigid, and
others), polymer type (polyethylene terephthalate (PET), high-density
polyethylene (HDPE), low-density polyethylene (LDPE), polypropylene (PP),
polyurethane (PUR), polyvinyl chloride (PVC), polystyrene (PS), and others),
processing type (mechanical, chemical, and biological), end use (packaging,
building & construction, automotive, electronics, and others), and region
(North America, Europe, Asia Pacific, and the Rest of the World).
In this market,
mechanical, chemical, and biological are the major segments of global post-consumer
recycled plastic market by processing type. Lucintel forecasts that mechanical
is expected to witness the highest growth over the forecast period due to its
rising preference to process waste plastics by physical means such as grinding,
shredding, and melting given to its simplicity and relatively low cost.
Within this market,
packaging is expected to witness the highest growth.
Download sample by
clicking on post-consumer
recycled plastic market.
APAC
is expected to witness highest growth over the forecast period due to continual
expansion of urbanization and rising demand for non-residential construction
projects in the region.
Veolia
Environment, Suez Waste Management, Republic Services, Waste Connections,
Biffa, Clean Harbors, Stericycle, Remondis, DS Smith, and Plastipak Holdings
are the major suppliers in the post-consumer recycled plastic market.
This
unique research report will enable you to make confident business decisions in
this globally competitive marketplace. For a detailed table of contents,
contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
Explore Our Latest Publications
Thermoelectric Refrigerator Market
No comments:
Post a Comment