The
global market for plastic recycling has been examined in a detailed
market research report by Transparency Market Research. The report,
titled “Plastic
Recycling Market - Global Industry Analysis, Market Size, Share,
Growth, Trends & Forecast 2016 – 2023,”
gives a detailed account of the current state of the market, presents
qualitative and quantitative data pertaining to major trends of the
past years, and presents a professionally sound forecast for the
overall state of development of the global plastic
recycling market
over the report’s forecast period.
The
report presents an overview of the projected impact of the several
growth drivers, challenges, and prevailing trends on market’s
future development. The report states that the advancements in
recycling technologies have led to a significant rise in the
applications of recycled plastic in the global market.
The
report states that factors such as the availability of clean
feedstock, rising consumer awareness regarding products with recycled
substances, and stringent regulations related to recycling of a
variety of materials across several economies are some of the major
factors that will bolster the global plastic recycling market over
the report’s forecast period. The market is expected to be
restrained to a certain extent owing to challenges involved in
recycling mixed plastic waste and the collection of recyclable
plastics.
The
plastic recycling market can be segmented into the major types of
plastics commercially produced: thermoplastic polymers and thermoset
plastics. Other than these two prominent types of plastics,
polyhydroxyalkanoates (PHA) and Polylactic acid (PLA), the plastics
derived from corn have started taking the place of
hydrocarbon-derived thermoplastics in a variety of applications. The
cleaner form of these plastics as compared to the traditional
hydrocarbon-derived plastics makes them more viable for recycling,
and are expected to significantly impact the overall development of
the global plastic recycling market in the next few years.
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FREE Sample PDF file of :
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From
a geographic viewpoint, the global plastic recycling market can be
segmented on the basis of imports and exports of plastic waste.
Countries such as the USA, China, the Netherlands, the U.K, Germany,
Japan, and Belgium are the primary importers and exporters of plastic
waste across the globe. Of these, China is the largest importer as
well as exporter for waste plastics.
The
report also presents a comprehensive scenario of the competitive
landscape of the global plastic recycling market with the help of
SWOT analysis, new project feasibility analysis, finance-related data
(where available), and business profiles of some of the major vendors
operating in the market. Some of the major companies in the market
profiled in the report are PARC Corporation, B & B plastics
incorporation, B. Schoenberg & Corporation, APC Recycling, Omni
Resource Recovery, Coll Materials/Nicos Polymers, Custom Polymers
Incorporation, Norwich Plastics, United Plastic Recycling, NAM
Polymers, and Maine Plastics Incorporation.
About
Us
Transparency
Market Research (TMR) is a global market intelligence company
providing business information reports and services. The company’s
exclusive blend of quantitative forecasting and trend analysis
provides forward-looking insight for thousands of decision makers.
TMR’s experienced team of analysts, researchers, and consultants
use proprietary data sources and various tools and techniques to
gather and analyze information.
TMR’s
data repository is continuously updated and revised by a team of
research experts so that it always reflects the latest trends and
information. With extensive research and analysis capabilities,
Transparency Market Research employs rigorous primary and secondary
research techniques to develop distinctive data sets and research
material for business reports.
Contact
Mr.Sudip
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State Street, Suite 700
Albany,
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+1-518-618-1030
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