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  • Post Consumer Recycled Plastics Market Analysis | 2022-2028

    Post Consumer Recycled Plastics Market Analysis | 2022-2028

    Post Consumer Recycled Plastics Market Analysis | 2022-2028
    Report code - SRAM634 Delivery - 2 Weeks
    Post Consumer Recycled Plastics Market Size, Share, Trend, Forecast, & Industry Analys See more...

    Market Insights

    "The global post-consumer recycled plastics market is likely to grow from USD 15.42 billion in 2021 to USD 22.37 billion by 2028 at an impressive CAGR of 5.38% during the forecast period."

    Post-Consumer-Recycled-Plastics-Market-Size

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    What are post-consumer recycled plastics?

    Post-consumer recycled plastics are the plastics which are made from the recycling process of already used plastics such as packaging material and electronics. This is produced to reduce the environmental impact of plastics on the earth.

    Market Dynamics

    The growing demand for post-consumer recycled plastics is mainly due to industrialization and awareness regarding reducing the environmental impact of plastics through the process of recycling. The market drivers for post-consumer recycled plastics are the growing consciousness about the environment and the global policies and corporate social responsibilities. There is a growing demand for such products by industries that are looking for environment-friendly products to cut on their impact on the environment. Stringent technological advancements in recycling processes raises the standard and applicability of recycled plastics. However, market growth has its difficulties because of the unpredictability of raw material availability, costly processing, and uneven quality. Educational and technological alliances need to be formed with other stakeholders to pull together and combat these hindrances to maintain the market’s progression.

    Post-Consumer-Recycled-Plastics-Market-Snapshot

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    Segment Analysis

    Service Insights

    "The recycling segment accounted for the largest market share."

    Based on the service type, the market is segmented as collection & transportation, recycling, incineration, and landfills/disposal. The recycling segment held the largest segment of the market in 2020, and is expected to remain dominant during the forecast period, owing to increasing number of plastic recycling plants all over the globe as mandated by the strict regulations of governments for recycling plastics.

    Polymer Insights

    "The polyethylene terephthalate (PET) segment accounted for the largest market share."

    Based on the polymer type, the market is segmented as polyethylene terephthalate (PET), high-density polyethylene (HDPE), low-density polyethylene (LDPE), polypropylene (PP), polyvinyl chloride (PVC), polyurethane (PUR), polystyrene (PS), and others. The polyethylene terephthalate (PET) segment is expected to remain dominant as well as the fastest-growing segment during the forecast period, due to its wide range of applications, such as in food packaging, electronics, and pharmaceutical packaging and its specific properties such as moisture-resistant, non-absorbent, and non-fluorescent.

    End-Use Application Insights

    "The packaging segment accounted for the largest market share."

    Based on the end-use application type, the post-consumer recycled plastics market is segmented as packaging, building & construction, automotive, furniture, and others. The packaging application leads the market and is also estimated to be the fastest-growing segment during the forecast period, owing to surge in population and increasing spending power of people, which is giving rise to construction of new houses in the urban and sub-urban areas globally, and growth in the construction of non-residential buildings and institutes is also a major reason for the dominance of this segment.

    Regional Trends

    "North America accounted for the largest market share."

    In terms of regions, North America is expected to be the fastest-growing market for post-consumer recycled plastics during the forecast period. The region’s growth is owing to the technological innovations in the waste management industry and government regulations regarding the disposal, collection and recycling of plastic wastes. Europe and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.

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    Key Players

    Some of the major post-consumer recycled plastic manufacturers are:

    • Biffa plc
    • Clean Harbors, Inc.
    • DS Smith plc
    • Remondis
    • Republic Services, Inc.
    • Stericycle
    • Suez SA
    • Veolia Environment SA
    • Waste Connections, Inc.
    • Waste Management Inc.

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market.

    What deliverables will you get in this report?

    Key questions this report answers

    Relevant contents in the report

    How big is the sales opportunity?

    In-depth analysis of the Post Consumer Recycled Plastics Market

    How lucrative is the future?

    Market forecast and trend data and emerging trends

    Which regions offer the best sales opportunities?

    Global, regional and country level historical data and forecasts

    Which are the most attractive market segments?

    Market segment analysis and forecast

    Which are the top players and their market positioning?

    Competitive landscape analysis, Market share analysis

    How complex is the business environment?

    Porter’s five forces analysis, PEST analysis, Life cycle analysis

    What are the factors affecting the market?

    Drivers & challenges

    Will I get the information on my specific requirement?

    10% free customization

     

    The post-consumer recycled plastics market is segmented into the following categories:

    By Service Type:

    • Collection & Transportation
    • Recycling
    • Incineration
    • Landfills/Disposal

    By Polymer Type:

    • Polyethylene Terephthalate (PET)
    • High-Density Polyethylene (HDPE)
    • Low-Density Polyethylene (LDPE)
    • Polypropylene (PP)
    • Polyvinyl Chloride (PVC)
    • Polyurethane (PUR)
    • Polystyrene (PS)
    • Others

    By Processing Type:

    • Chemical Process
      • (Processing Type Analysis: Chemolysis, Pyrolysis, Hydrogen Technologies, and Gasification)
    • Mechanical Process
    • Biological Process

    By End-Use Application Type:

    • Packaging

    • Building & Construction
    • Automotive
    • Furniture
    • Others

    By Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 

    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.

    Post-consumer Recycled Plastics Market Research Report - Features

    Market Segmentation

    5

    Regions Covered

    4

    Countries/Sub-Regions Covered

    17

    No. of Figures & Tables

    >150

    Company Profiles

    10

    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

    Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com

    Frequently Asked Questions (FAQs)

    The post-consumer recycled plastics market is expected to witness an impressive growth of 5.38% CAGR during 2022-2028.

    The post consumer recycled plastics market size is expected to reach USD 22.37 billion in 2028.

    North America is expected to be the fastest growing market during the forecast period.

    The polyethylene terephthalate (PET) segment is expected to remain dominant polymer type in the market in the coming five years.

    Biffa plc, Clean Harbors, Inc., DS Smith plc, Remondis, Republic Services, Inc., Stericycle, Suez SA, Veolia Environment SA, Waste Connections, Inc., and Waste Management Inc are among the key players in the market.

    Distributors, suppliers, manufacturers, logistics organizations, and government bodies.

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