Global Recycled Plastics Market Size Forecast to 2028- Trends, Analysis and Outlook by Application, Resin Type, and Geography

Global Recycled Plastics Market Size Forecast to 2028- Trends, Analysis and Outlook by Application, Resin Type, and Geography

  • May 2020 •
  • 80 pages •
  • Report ID: 5894462 •
  • Format: PDF
Key insights from the Global Recycled Plastics Market-
• The Global Recycled Plastics market is valued at $13 billion in 2020
• Food Packaging is the dominant application of Recycled Plastics
• PET the largest type of Recycled Plastics
• North America is the largest market for Recycled Plastics

The $13 billion Recycled Plastics industry presents strong investment and growth opportunities over the near to long term outlook period. The 2020 edition of the market report presents a comprehensive analysis of the global Recycled Plastics market from 2020 to 2028.The Recycled Plastics market research report presents detailed Recycled Plastics market analysis, and forecasts to 2028. Detailed insights into global and regional Recycled Plastics market statistics, Recycled Plastics companies and growth prospects across verticals are included.

Recycled Plastics Market Overview and Developments in 2020
The report presents a snapshot of recent market trends in the Recycled Plastics industry. Further, potential market drivers, major challenges, opportunities, major developments, competitive strategies, porter’s five forces analysis, and other analysis are included in the research.

Impact of COVID-19 on Global Recycled Plastics market revenue
The worldwide crisis of COVID-19 is leading to calls for action from a wide range of stakeholders including manufacturers, vendors, distributors, and consumers. Decline in business for at least three months during 2020 coupled with lower demand from a few major markets has put pressure on the profitability of Recycled Plastics manufacturers and vendors. However, we expect the negative impact of COVID-19 on Recycled Plastics to be compensated over the medium to long term future.

Recycled Plastics Market Size and Outlook by Resin Type to 2028
This chapter presents an insight into different Recycled Plastics types and their contribution to global market growth. The growth in global Recycled Plastics market size is forecast to continue despite the economic challenges. The report forecasts the Recycled Plastics market revenue across different Resin Types, which include- PET (Polyethylene terephthalate), High-density polyethylene (HDPE), PP (Polypropylene), Low-density polyethylene (LDPE). Of these, PET dominates the global Recycled Plastics market.

Recycled Plastics Market Size and Outlook by Application to 2028
A long-term perspective indicates that Food Packaging dominates the Recycled Plastics market. The industry is classified into different Applications including Food Packaging (Contact based), Food Packaging (Non-Contact based), Automotive, Construction and Infrastructure.

Global Recycled Plastics Company Profiles
The report presents business profiles of major companies operating in the industry including Avangard Innovative LP, B. Schoenberg & Co, Delta Plastics of the South, LLC, UltrePET LLC.

The business overview, SWOT profile and product information are provided for all the companies.
The report identifies that the development of new applications and product portfolio is one of the key strategies to overcome identified challenges and for supporting continued growth. Manufacturing companies can also benefit from rising domestic demand in chemical end-use sectors. The majority of the companies are realigning their strategies to orient their business operations to changing market volatility, regulatory policy changes, geopolitical issues, changing end-user preferences, and others.

Sources and Methodology
The data and analysis presented in this report are sourced from a wide range of sources such as associations, manufacturers, suppliers, distributors, consumer companies, and government sources.

Scope of the research
• Global and regional Recycled Plastics Market Size estimates in revenue terms from 2019 to 2028
• Segmentation analysis across types, applications, and geographies
• Strategic analysis through trends, drivers, challenges, opportunities, porter’s five forces analysis
• Market Developments including M&A, new product development, and competitive analysis
• Potential strategies of leading companies