Post Consumer Recycled Plastics Market Report

Market Insights

Post-consumer recycled plastics market is likely to witness an impressive CAGR of 5.8% during the forecast period. The growing demand for post-consumer recycled plastics is mainly due to industrialization and awareness regarding reducing environmental impact of plastics through the process of recycling.

Segment Analysis

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Post-consumer Recycled Plastics Market Share: By Service Type

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.

Post-consumer Recycled Plastics Market Share: By Polymer Type

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.

Post-consumer Recycled Plastics Market Share: By End-Use Application Type

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.

Post-consumer Recycled Plastics Market Share: By Region

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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Market Scope & Segmentation

Post-consumer recycled plastics are the plastics which are made from 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.

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.

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

Post-consumer Recycled Plastics Market Size, Share, & Forecast, by Service Type:

• Collection & Transportation (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Recycling (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Incineration (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Landfills/Disposal (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Post-consumer Recycled Plastics Market Size, Share, & Forecast, by Polymer Type:

• Polyethylene Terephthalate (PET) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• High-Density Polyethylene (HDPE) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Low-Density Polyethylene (LDPE) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Polypropylene (PP) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Polyvinyl Chloride (PVC) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Polyurethane (PUR) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Polystyrene (PS) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Post-consumer Recycled Plastics Market Size, Share, & Forecast, by Processing Type:

• Chemical Process
  • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • (Processing Type Analysis: Chemolysis, Pyrolysis, Hydrogen Technologies, and Gasification)
• Mechanical Process (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Biological Process (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Post-consumer Recycled Plastics Market Size, Share, & Forecast, by End-Use Application Type:

• Packaging (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Building & Construction (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Automotive (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Furniture (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Post-consumer Recycled Plastics Market Size, Share, & Forecast, 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)

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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 the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

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.

Report 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)

Market Segmentation

• Current market segmentation of any one of the polymer types by end-use application type.  

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.