The global plastics recycling market was valued at US$ -- in 2017 and increasing at a significant CAGR over the forecast timeframe owing to surge in the industrialization, increased awareness regarding environmental pollution and health hazards, government initiatives to prevent the environmental pollution which is caused due to the disposal of plastics, and increasing demand for the plastic in packaging, automotive, and electrical & electronics industries are expected to drive the global plastics recycling market.

Global plastics recycling market segmented on the basis of type, source, end user, and region

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Polyethylene Terephthalate Dominates the Global Plastics Recycling Market

Based on the type of plastics recycling, global plastics recycling market segmented into Polyethylene Terephthalate (PET), Polyethylene (PE), Polypropylene (PP), Polyvinyl Chloride (PVC), Polystyrene (PS) and others.

PBI’s global plastics recycling market report analyses the market in different regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. According to regional analysis, Asia pacific accounted for larger revenue share through 2013-2017 and expected to dominate over 2018-2024

Launch of newer products, frequent ecofriendly product approvals, and strategic alliances are the key strategies adopted by market players

Global plastics recycling market further reveals that the key players increasingly adopting strategies such as launch of newer products, frequent ecofriendly product approvals, and long term alliance to improve market revenue share and gaining significant geographic presence across the region.

Key player’s profiles in the report are

• Veolia (France),

• Suez (France),

• KW Plastics (US)

• Jayplas (UK)

• Kuusakoski Oy (UK)

• Envisison Plastics (US)

• Plasgran Ltd. (UK)

• B & B plastics incorporation (US)

• B. Schoenberg & corporation (US)

• PARC corporation (US)

• Omni resource recovery (US)

• Custom polymers incorporation (US)

• United plastic recycling (US)

Detailed Segmentation

By Type

• Polyethylene Terephthalate (PET)

• Polyethylene (PE)

• Polypropylene (PP)

• Polyvinyl Chloride (PVC)

• Polystyrene (PS)

• Others

By Source

• Bottles

• Films

• Fibers

• Foams

• Others

By End User

• Packaging

• Building & Construction

• Textiles

• Automotive

• Electrical & Electronics

• Others

Geography

• North America

• U.S

• Canada

• Europe

• Germany

• France

• U.K

• Italy

• Spain

• Russia

• Poland

• Rest of Europe

• Asia-Pacific

• Japan

• China

• India

• Australia & New Zealand

• ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)

• South Korea

• Rest of Asia-Pacific

• Latin America

• Brazil

• Mexico

• Argentina

• Venezuela

• Rest of Latin America

• Middle East and Africa (MEA)

• Gulf Cooperation Council (GCC) Countries

• Israel

• South Africa

• Rest of MEA

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