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Post Consumer Recycled Plastics Market Report
The Post-consumer Recycled Plastics Market is Segmented by Service Type (Collection & Transportation, Recycling, Incineration, and 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), and Others), by Processing Type ...
Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.
Note: The summary below might not have included insights on covid impact since we have large number of reports.
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.
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Post-consumer Recycled Plastics Market - Snapshot |
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Growth |
5.8% for the next five years |
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Major Service Type |
Recycling |
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Major Polymer Type |
Polyethylene Terephthalate (PET) |
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Dominant End-Use Application Type |
Packaging |
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Region with the fastest growth |
North America |
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Key Players |
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. |
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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.
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.
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.
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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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.
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Post-consumer Recycled Plastics Market Research Report - Features |
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Market Segmentation |
5 |
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Regions Covered |
4 |
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Countries/Sub-Regions Covered |
17 |
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No. of Figures & Tables |
>150 |
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Company Profiles |
10 |
The post-consumer recycled plastics market is segmented into the following categories.
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Some of the major post-consumer recycled plastic manufacturers are-
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:
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.
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Market Segmentation
Competitive Benchmarking
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 [email protected].
The post-consumer recycled plastics market is expected to witness an impressive growth of 5.8% CAGR in the foreseeable future.
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 post-consumer recycled plastics market.
North America is expected to be the fastest growing post-consumer recycled plastics market during the forecast period of 2021-26.
The polyethylene terephthalate (PET) segment is expected to remain dominant polymer type in the post-consumer recycled plastics market in the coming five years.
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