Recycled Plastics Market worth 50.36 Billion USD by 2022

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[144 Pages Report] Recycled Plastics Market/Plastic Recycling Market research report categorizes the global market by Source (Bottles, Films, Fibers, Foams), Type (PET, PE, PP, PVC, PS), End-Use Industry (Packaging, Building & Construction, Textiles, Auto

(EMAILWIRE.COM, July 28, 2018 ) The report "Recycled Plastics Market by Source (Bottles, Films, Fibers, Foams), Type (PET, PE, PP, PVC, PS), End-Use Industry (Packaging, Building & Construction, Textiles, Automotive, Electrical & Electronics) and Region - Global Forecast to 2022", The global recycled plastics market is estimated at USD 36.93 Billion in 2017 and is projected to reach USD 50.36 Billion by 2022, at a CAGR of 6.4% between 2017 and 2022.

Browse 87 market data Tables and 50 Figures spread through 144 Pages and in-depth TOC on "Recycled Plastics Market.

https://www.marketsandmarkets.com/Market-Reports/recycled-plastic-market-115486722.html

Early buyers will receive 10% customization on reports.

The market is witnessing growth due to the growing awareness regarding the environmental benefits provided by recycled plastics over virgin plastics. Moreover, the energy consumed in recycling plastics is less than that of virgin plastics, which is further driving the demand for recycled plastics in many applications.

Bottles: The largest source of recycled plastics

Bottles was estimated to be the largest segment of the recycled plastics market, by source in 2017. Plastic bottles, especially PET bottles, are the most commonly-recycled post-consumer plastics due to a well-established collection network for these bottles.

Polyethylene Terephthalate: The largest type in the recycled plastics market

Polyethylene Terephthalate (PET) was estimated to be the largest segment of the recycled plastics market, by type in 2017. PET plastics are 100% recyclable, easy to recycle, and have a lower cost, which makes them an attractive plastic material to recycle.

Packaging: The largest end-use industry of recycled plastics

Packaging was the largest segment of the recycled plastics market, by end-use industry in 2017. The segment’s largest share can be attributed to the use of recycled plastics in many applications in the packaging industry such as bottles, bags, foam protective packaging, and cartons, among others.

Asia Pacific: The largest recycled plastics market

The Asia Pacific region was the largest market for recycled plastics, in terms of value and volume, in 2017. The large market size of the Asia Pacific region is due to increasing industrialization in the region and the increasing use of cheaper substitutes of virgin plastics in the form of recycled plastics in growing end-use industries.

To know about the assumptions considered for the study, download the pdf brochure : https://www.marketsandmarkets.com/pdfdownload.asp?id=115486722

This study answers several questions for stakeholders, primarily, which market segments they should focus upon during the next two to five years to prioritize their efforts and investments. These stakeholders include recycled plastics manufacturers 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).

Key Target Audience:

Regional Manufacturers’ Associations
Plastics Scraps Suppliers
Traders, Distributors, and Suppliers of Recycled Plastics
Government and Regional Agencies and Research Organizations
Scope of the Report:

This research report categorizes the global recycled plastics market based on source, type, end-use industry, and region, and forecasts revenue growth and provides an analysis of trends in each of the submarkets.

Based on Source:

Bottles
Films
Fibers
Foams
Others (auto parts, electrical goods, furniture, etc.)
Each class is further described in detail in the report with value forecasts until 2022.

Based on Type:

Polyethylene Terephthalate (PET)
Polyethylene (PE)
Polypropylene (PP)
Polyvinyl Chloride (PVC)
Polystyrene (PS)
Others (polyamide, polycarbonate, acrylonitrile-butadiene, styrene, and other plastics under SPI code 7)
Each type is further described in detail in the report with value and volume forecasts until 2022.

Based on End-Use Industry:

Packaging
Building & Construction
Textiles
Automotive
Electrical & Electronics
Others (agriculture, aerospace, etc.)
Each end-use industry segment is further described in detail in the report, with value forecasts until 2022.

Based on Region:

Asia Pacific
North America
Europe
Middle East & Africa
South America
Each region is further segmented by key countries, such as China, India, Japan, South Korea, the US, Mexico, Canada, Germany, the UK, Italy, France, Spain, Saudi Arabia, Iran, South Africa, Argentina, and Brazil.

Available Customizations: The following customization options are available for the report:

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