"Recycled Plastic Market Size, Share & Industry Analysis, By Type (Polyethylene Terephthalate, High-density Polyethylene, Polypropylene, Low-density Polyethylene, and Others), By Application (Non-Food Packaging, Food Packaging, Construction, Automotive, and Others), and Regional Forecast, 2019-2026 "
The global recycled plastic market size is projected to reach USD 72.6 billion by the end of 2026. The presence of several large scale companies across the world will have a positive impact on the growth of the market in the coming years. According to a report published by Fortune Business Insights, titled “Recycled Plastic Market Size, Share & Industry Analysis, By Type (Polyethylene Terephthalate, High-density Polyethylene, Polypropylene, Low-density Polyethylene, and Others), By Application (Non-Food Packaging, Food Packaging, Construction, Automotive, and Others), and Regional Forecast, 2019-2026,” the market was worth USD 37.8 billion in 2018 and will exhibit a CAGR of 8.5% during the forecast period, 2019-2026.
Recycled plastic is the product that possess the same properties as virgin plastics, but are produced from scratch and waste materials. The primary aim of Recycled Plastic is to reduce the total wastes and bring down the adverse effects of plastic wastes on environmental pollution. The high emphasis on manufacturing methods as well as materials associated with Recycled Plastic will emerge in favor of the companies operating in the market. The increasing demand for the product, resulting from its widespread applications across diverse industries, will contribute to the growth of the market. Accounting to the serious effects of plastic wastes on the environment, governments across the world has imposed strict regulations towards their usage.
An Overview of the Impact of COVID-19 on this Market:
The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. Some industries are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.
We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.
Click here to get the short-term and long-term impact of COVID-19 on this Market: https://www.fortunebusinessinsights.com/recycled-plastic-market-102568
List of leading companies that are currently operating in the global Recycled Plastic market are:
- Moisture Shield
- Berkshire Hathaway Incorporated
- BioCore LLC
- CarbonLite Industries LLC
- The Coca-Cola Company Incorporated
- Coll Materials Incorporated
- Custom Polymers Incorporated
- Dart Container Corporation
- Entropex
- Envision Plastics Industries LLC
- Fresh Pak CoRecycled Plastic Market rporation
- Hilex Poly Company LLC
- Illinois Tool Works Incorporated
- Other Players
Asia Pacific to Emerge Dominant; High Demand for Bottled Water to Create Several Growth Opportunities
The report analyzes the ongoing beer market trends across North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Among these regions, the market in Asia Pacific is likely to emerge dominant in the coming years. The presence of several bottled water manufacturers will aid the growth of the market. Besides Asia Pacific, the market in North America will witness considerable growth in the coming years driven by the increasing number of government initiatives. As of 2018, the market in North America was worth USD 2.45 billion and this value is projected to increase further in the coming years, owing to the high awareness regarding the use of plastic material.
Allied Market Research published a new report, titled, " Recycled Plastic Market by Source (Plastic bottles, Tubs, Trays, Rigid Plastics, Flexible Plastics, and Others), Method (Thermal decomposition, Heat Compression, Distributed Recycling, Pyrolysis, and Others), and Application (Construction Projects, Packaging Items, Landscaping, and Clothing Materials, and Others): Global Opportunity Analysis and Industry Forecast, 2019–2026."
The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five Forces analysis, and competitive landscape.
This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken to gain competitive advantage.The report offers key drivers that propel the growth in the global recycled plastic market.
Insights on opportunities are mentioned to assist market players in taking further steps by determining potential in untapped regions.
Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/5571 The research offers a detailed segmentation of the global recycled plastic market.
These insights help to devise strategies and create new opportunities to achieve exceptional results.The research offers an extensive analysis of key players active in the global recycled plastic industry.
Recycled Plastic market is segmented by region (country), players, by Type, and by Application.
Players, stakeholders, and other participants in the global Recycled Plastic market will be able to gain the upper hand as they use the report as a powerful resource.
The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2015-2026.Segment by Type, the Recycled Plastic market is segmented into:Plastic BottlesPlastic FilmsRigid Plastic & FoamSynthetic FiberOthersDownload FREE Sample of this Report @ https://www.24chemicalresearch.com/download-sample/60271/global-japan-recycled-plastic-2026-69Segment by Application, the Recycled Plastic market is segmented into:PackagingConstructionAutomotiveOthersRegional and Country-level Analysis:The Recycled Plastic market is analysed and market size information is provided by regions (countries).The key regions covered in the Recycled Plastic market report are North America, Europe, Asia Pacific, Latin America, Middle East and Africa.
It also covers key regions (countries), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.The report includes country-wise and region-wise market size for the period 2015-2026.
It also includes market size and forecast by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.Competitive Landscape and Recycled Plastic Market Share Analysis:Recycled Plastic market competitive landscape provides details and data information by players.
The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020.
