Plastic Waste Management Market (Worth $37.9 Billion By 2024) | What You Need To Know In 2021

The global Plastic Waste Management Market size is projected to reach USD 41.58 billion by 2027, exhibiting a CAGR of 3.1% during the forecast period.

Unchecked plastic pollution levels during the COVID-19 pandemic is expected to create unique growth opportunities for the market, suggests Fortune Business Insights™ in its report, titled “Plastic Waste Management Market Size, Share & Industry Analysis, By Source (Industrial Waste and Municipal Waste), By Material (Polyethylene, Polypropylene, Polyethylene Terephthalate, Polystyrene and Others), By Product Type (Packaging, Construction, Automotive, Electrical & Electronics and Others), By Treatment Method (Collection, Recycling and Disposal {Landfilling & Incineration}) and Regional Forecast, 2020-2027”.The COVID-19 outbreak has triggered a race for production personal protective equipment (PPE), which are mostly made from plastic.

However, their sustainable disposal, especially the disposal of single-use plastic, has sparked fears among environmentalists and academicians as PPE contain large amounts of micro-plastics.

For example, the World Wide Fund estimates that if just 1% of the 1 billion masks used in Italy every month are discarded improperly, it could lead to accumulation of 10 million plastic masks in environment, causing unprecedented pollution.

However, owing to supply chain disruptions, the market growth will be moderate for the present year.List of Players Profiled in the Plastic Waste Management Market Research Report are:Envac Group (Sweden)Recology (USA)Stericycle Inc. (USA) Remondis AG & Co. Kg (Germany)Covanta Holdings Corporation (USA)Biffa PLC (U.K.)SUEZ Group (France)TANA Oy (Finland)ALBA Group (Germany)Republic Services Inc. (USA)Hitachi Zosen Corporation (Japan)Clean Harbors Inc. (USA)Veolia Environment S.A. (France)Waste Management Inc. (USA)Gain More Insights into the Plastic Waste Management Industry Research Report https://www.fortunebusinessinsights.com/plastic-waste-management-market-103063Market DriverProactive Initiatives by Governments to End Plastic Pollution to Boost the MarketGovernments worldwide are taking decisive steps to curb the menace of plastic pollution, which is likely to stoke the plastic waste management market growth in the coming years.

In the US, cities such as San Diego are actively prohibiting the use of Styrofoam, a commonly used plastic in disposable dishes, spoons, and forks.

Global Plastic Waste Management Market Information: by Service & Equipment (Collection, Recycling, Incineration, Disposal), Polymer (PP, LDPE, HDPE), Source (Commercial, Residential, Industrial), End-Use Sector (Packaging, Construction, Textile) and by Region - Global Forecast to 2023.

Factors such as increasing urbanization, industrialization, and growing awareness regarding the environmental hazards propelling the growth of the global plastic waste management market.

Numerous laws & regulations imposed by the governments act as a major growth driver of the market.

Recycling of the plastic is principal need of the society as it not only safeguards energy recovery but also diminishes the carbon footprint.

Plastic is fairly cheap and versatile, recycled plastic is utilized to manufacture a large range of the products such as, carpets, garbage bags, cloths, films, bottles and containers.

Enhanced recycling rate is expected provide an ideal opportunity to new emerging economies activities and create new jobs across the globe.

New York, NY 19 Feb 2021: The global Plastic Waste Management market size is anticipated to reach USD 35.10 billion by 2026.

In 2017, the recycling segment accounted for the highest share in the market in terms of revenue.

The significant initiatives taken by the public and private sector for environmental protection coupled with initiatives aimed at use of recyclable packaging solutions majorly drive the market growth.

Increasing demand for sustainable packaging solutions, increasing trend towards recycled plastic, and growing use of recyclable plastic packaging in various sectors boosts the market growth.

Stringent regulations enforced by governments worldwide, and growing initiatives to promote sustainable waste management practices are expected to provide growth opportunities in the during the forecast period.

Request For Sample Copy @ https://www.polarismarketresearch.com/industry-analysis/plastic-waste-management-market/request-for-sample There are numerous ways in which plastic wastes can be managed like landfilling, incineration and recycling.

The complete research framework on Global Plastic Waste Management Market reveals various influencing factors like growth factors, industry drivers, restraints, production techniques, latest market trends, market challenges, market extension and opportunities for beginners and established players in global runway lighting market.

As per the world economic evaluate growth rate of the past four years, market size is estimated from 5800 million $ in 2014 to 6581 million $ in 2017.

The prime objective of this report is to help the user understand market share distribution of number of key players in the market included are Veolia Environnement S.A., Suez Environnement Company, Waste Management Inc., Republic Services, Inc., Stericycle Inc., Clean Harbors Inc., Progressive Waste Solutions Ltd., Ads Waste Holdings, Inc., Covanta Holding Corporation, Remondis Se & Co. Kg.The Plastic Waste Management Market research report helps to understand cost-effective data in the form charts, tables, graphs, and figures which helps to analyze the market growth rate, market share, and trends.

The Plastic Waste Management market provides the in-depth approach towards market segments depicts the market investment areas and marketing strategies to achieve informed growth in the market like revenue, import/export data, volume delivered (in kilo tons) and the income it produces (in US$), demand and supply data (as applicable).

Additionally, the Plastic Waste Management business development patterns and marketing stations have been analyzed.Request for free sample report @ https://www.indexmarketsresearch.com/report/global-plastic-waste-management-market-2/24125/#requestforsampleThe Plastic Waste Management Market covers company profiling, product picture and specifications, sales, market share and contact information of various international, regional, and local vendors of the market.

The market competition is constantly growing higher with the rise in technological innovation and M activities in the industry.

The plastic waste management market size is projected to grow from USD 32.6 billion in 2019 to USD 37.9 billion by 2024, recording a CAGR of 3.1% during the forecast period.

The increase in awareness programs regarding sustainable waste management practices is projected to drive the growth of the plastic waste management industry across the globe during the forecast period.♦ Download Detailed PDF Brochure Here: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=80259244 Veolia Environnement (France), SUEZ (France), Waste Management, Inc. (US), Republic Services (Republic) (US), Stericycle (US), Clean Harbors (US), Waste Connections, Inc. (US), Covanta Holding Corporation (Covanta) (US), Biffa (UK), and Remondis SE & Co. KG (Germany) are the key players operating in the plastic waste management market.

These players have adopted numerous growth strategies such as expansions, new product & service developments, acquisitions, partnerships, contracts, and joint ventures to increase their market shares and enhance their service portfolios.The strategies of expansions, partnership, and joint venture together accounted for the largest share of all strategic developments that took place in the plastic waste management market between January 2017 and August 2019.

Companies such as Veolia Environnement (France), SUEZ (France), Biffa (UK), Covanta Holding Corporation (US), Clean Harbors (US), and Remondis SE & Co. KG (Germany) are the key players operating in the market that adopted these strategies to strengthen their service portfolios, expand their market presence, and enhance their growth prospects in the plastic waste management industry.♦ Request Sample Report – https://www.marketsandmarkets.com/requestsampleNew.asp?id=80259244 Veolia Environnement is the foremost waste management service provider, which offers various waste management services under its waste management segment.

Veolia is among the key global players involved in the management of solid, liquid, non-hazardous, and hazardous waste.

Moreover, its various growth strategies, such as strategic partnerships, expansions, and agreements, have enabled the company to reach out to fast-growing markets where the concern for environmental services is of paramount interest.SUEZ is one of the key waste management service providers.

The global Plastic Waste Management market size is anticipated to reach USD 35.10 billion by 2026.

In 2017, the recycling segment accounted for the highest share in the market in terms of revenue.

Asia-Pacific is expected to be the leading contributor to the global market revenue in 2017.The significant initiatives taken by the public and private sector for environmental protection coupled with initiatives aimed at use of recyclable packaging solutions majorly drive the market growth.

Increasing demand for sustainable packaging solutions, increasing trend towards recycled plastic, and growing use of recyclable plastic packaging in various sectors boosts the market growth.

Stringent regulations enforced by governments worldwide, and growing initiatives to promote sustainable waste management practices are expected to provide growth opportunities in the during the forecast period.

Request a sample this report by clicking the link below:https://www.polarismarketresearch.com/industry-analysis/plastic-waste-management-market/request-for-sampleThere are numerous ways in which plastic wastes can be managed like landfilling, incineration and recycling.

The Global Plastic Waste Management Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.

The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.The comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activity involved.

The market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities.The report classifies the market into different segments based on polymer type, source material type, services and end user industries.

These segments are studied in detail incorporating the market estimates and forecasts at regional and country level.

The segment analysis is useful in understanding the growth areas and probable opportunities of the market.Final Report will cover the impact of COVID-19 on this industry.Browse the complete Global Plastic Waste Management Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 @ https://www.decisiondatabases.com/ip/9881-plastic-waste-management-market-reportThe report also covers the complete competitive landscape of the global Plastic Waste Management market with company profiles of key players such as:Hahn Plastics LimitedHawkvale LimitedHermion BV.Kuusakoski GroupLuxus LimitedPLASgran LimitedRENOVA, Inc.Think Plastics Inc.TM Recycling GmbHUnited Plastic RecyclingA detailed description of each has been included, with information in terms of H.Q, future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other latest industrial developments.SEGMENTATIONS IN THE REPORT:By Polymer Type:Polyethylene (HDPE, LDPE & LLDPE)PolypropylenePETPVCPSOthers (ABS & PC)By Source Material Type:Source Material TypeIndustrial Plastic WasteBy Services:CollectionRecyclingEnergy RecoveryLandfillsBy End-Use Industries:TextilesPackagingConstructionWood and FurnitureOther Industrial (Electronics, Automotive and Hobbyist)By Geography:North America (NA)Europe (EU)Asia Pacific (APAC)Latin America (LA)Middle East & Africa (MEA)Download Free Sample Report of Global Plastic Waste Management Market @ https://www.decisiondatabases.com/contact/download-sample-9881The Global Plastic Waste Management Market has been exhibited in detail in the following chapters –Chapter 1 Plastic Waste Management Market PrefaceChapter 2 Executive SummaryChapter 3 Plastic Waste Management Industry AnalysisChapter 4 Plastic Waste Management Market Value Chain AnalysisChapter 5 Plastic Waste Management Market Analysis By Polymer TypeChapter 6 Plastic Waste Management Market Analysis By Source Material TypeChapter 7 Plastic Waste Management Market Analysis By ServicesChapter 8 Plastic Waste Management Market Analysis By End-Use IndustriesChapter 9 Plastic Waste Management Market Analysis By GeographyChapter 10 Competitive Landscape Of Plastic Waste Management CompaniesChapter 11 Company Profiles Of Plastic Waste Management IndustryPurchase the complete Global Plastic Waste Management Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-9881Other Reports by DecisionDatabases.com:Global Medical Waste Management Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Drilling Waste Management Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Smart Waste Management Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.

DecisionDatabases.com is proficient in providing syndicated research report, customized research reports, company profiles and industry databases across multiple domains.Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors.