The most recent updates to The Business Research Company’s global market reports have incorporated the latest market sizing information for the year 2023, extending projections up to 2032.

As outlined in The Business Research Company’s Plastic Recycling Global Market Report 2023, this report provides indispensable insights into the plastic recycling market, offering businesses the tools to analyze and construct more robust strategies.

Key insights from the forecast encompass five essential points:

1. Market Size

The global plastic recycling market size is set to expand from $38.64 billion in 2022 to $41.98 billion in 2023, representing a compound annual growth rate (CAGR) of 8.6%. This growth momentum is projected to persist, with the global plastic recycling market size predicted to achieve $55.93 billion in 2027, growing at a CAGR of 7.4%.

The surge in plastic consumption is expected to drive the growth of the plastic recycling market moving forward.

2. Noteworthy Trend

Technological advancements have emerged as a significant trend in the plastic recycling market. Prominent market players are introducing innovations in recycling technologies to streamline and make plastic recycling processes more cost-effective, thereby strengthening their market position.

Get A Free Sample On The Global Plastic Recycling Market Report:
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3. Leading Region

In 2022, North America stood as the largest region in the plastic recycling market.

4. Prominent Players

Key players in the market include Kuusakoski Group Oy, Berry Global Inc., B & B Plastics Inc., Plastipak Packaging Inc., CarbonLite Industries LLC, Custom Polymers Inc., MBA Polymers Inc., Clear Path Recycling LLC, Veolia Environnement S.A, Plasgran Ltd.

1. Top Market Segments –

• By Type: Polyethylene Terephthalate, Polyethylene, Polystyrene, Polyvinyl Chloride, Polypropylene, Other Types
• By Source: Bottles, Films, Foams, Fibers, Other Sources
• By End Use: Packaging, Automotive, Building And Construction, Electrical And Electronics, Other End Uses
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global plastic recycling market in 2022.

Read The Full Plastic Recycling Market Report Here:

https://www.thebusinessresearchcompany.com/report/plastic-recycling-global-market-report

The Plastic Recycling Global Market Report 2023  provides a comprehensive outlook on the plastic recycling market, covering historic years (2010 – 2021) and a ten-year forecast (2023 – 2032). The forecast offers in-depth analysis of plastic recycling market size, plastic recycling market share, key players, and their strategies.

Plastic recycling involves the process of converting waste or scrap plastic into functional and practical products. This approach helps reduce plastic pollution, conserve resources, and divert plastics away from landfills and unintended destinations such as oceans.

The Table Of Content For The Plastic Recycling Market Include:
1. Plastic Recycling Market Executive Summary
2. Plastic Recycling Market Segments
3. Plastic Recycling Market Size And Plastic Recycling Market Growth Rate
4. Key Plastic Recycling Market Trends
5. Major Plastic Recycling Market Drivers
……
25. Key Mergers And Acquisitions In The Plastic Recycling Market
26. Top Plastic Recycling Companies
27. Plastic Recycling Market Opportunities And Strategies
28. Plastic Recycling Market, Conclusions And Recommendations
29. Appendix

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Recycled Polyethylene Terephthalate Global Market Report 2023

Recycled Plastics Global Market Report 2023

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