Bharat Book Provides the Trending Market Research Report on „Global Recycled Plastics Market, Forecast to 2022“ under Industry & Mfg category. The report provides information on industry overview, market size, latest developments, industry trends, major market players, global presence, and their future prospects.
Growing awareness to curb the pollution Caused by plastic disposal and the environmental benefits: such as energy savings are the factors driving the growth of the recycled plastics market
Global Recycled Plastics Market is estimated at USD 36.93 trillion in 2017 and is projected to reach USD 50.36 trillion by 2022, at a CAGR of 6.4% between 2017 and 2022. The use of plastics in oceans and the scarcity of landfill areas in many countries. Factors in the use of recycled plastics in the packaging industry , The high cost of recycled plastics in terms of performance are the major factors.
Request a free copy of Recycled Plastics Market Report @ https://www.bharatbook.com/request-sample/1000544 Packaging: The fastest-growing segment of the recycled plastics market, by end-use industryPackaging is estimated to be the fastest-growing end-use industry segment of the recycled plastics market during the forecast period. This growth is attributed to the use of recycled plastics in food and beverage applications, which is not the case until a few years earlier. Polyethylene Terephthalate (PET): The fastest growing segment of the recycled plastics market, by type
Polyethylene terephthalate (PET) is estimated to be the fastest growing type segment of the recycled plastics market during the forecast period (2017-2022). PET-based plastics are easy to recycle, and PET bottles are the most easily sorted and collected source of used plastics.
North America: The fastest-growing market for recycled plastics, by region
The North America region is estimated to be the fastest growing market for recycled plastics during the forecast period. The growth of the recycled plastics market in North America is growing due to the several initiatives taken in the region to increase the use of recycled plastics. Many companies like Coca-Cola, Unilever, Walmart, Target Corp., Procter & Gamble Co., Ecover, Evian, L’Oréal, Mars, M & S, PepsiCo, Campbell Soup, Amcor Werner & Mertz, and Keurig Green Mountain Inc. have pledged to the Association of Plastics Recyclers (US) to increase the use of recycled plastics in their products.
This study has been validated through primary industries with various industry experts globally. These primary sources have been divided into three categories, namely, by company, by designation, and by region.
– By Company Type: Tier 1 – 50%, Tier 2 – 33%, and Tier 3 – 17%
– By Designation: C Level – 17%, Director Level – 33%, and Others – 50%
– By Region: North America – 25%, Asia Pacific – 38%, Europe – 25%, and Middle East & Africa – 12%
The Report also provides company profiles and competitive strategies adopted by major market players, such as Veolia (France), Suez (France), KW Plastics (US), Jayplas (UK), B. Schoenberg & Co. (US), B & B Plastics (US), Green Line Polymers (US), Clear Path Recycling (US), Custom Polymers (US), and Plastipak Holdings (US), among others.
Click the link below to read the full report : https://www.bharatbook.com/materials-chemicals-market-research-reports-1000544/recycled-plastics-source-type-end-use-region-global-forecast
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