Global Plastics Recycling Market Analysis, Trends and Insights 2023
Summary - A new market study, titled “Plastics Recycling: Global Markets Through 2023 ” has been featured on WiseGuyReports.
The global market of
post-consumer plastics recycling reached REDACTED in 2017. The market is
created by recycling more than REDACTED of post-consumer plastics, which costs
approximate REDACTED before processing. The average price of unprocessed
post-consumer plastic waste was at approximately REDACTED in 2017
Weight loss happens in waste plastic processing, reducing the
total volume to REDACTED in 2017.The average price of recycled plastics sold to
the end users was at REDACTED.
In
2018, the global market will decline mainly due to China’s ban on post-consumer
plastics import. The Chinese market will go down by REDACTED in 2018, resulting
in a global decline of REDACTED after being offset by growth from Europe, North
America and Southeast Asia. Plastic collectors in Europe, North America and
Japan have to turn their exports to Southeast Asia or process more
domestically. There will, however, be many new opportunities in this big
decline. The global market will re-grow and be back to the 2017 level by 2019.
Future growth is expected to reach REDACTED by 2023.
There
are two major sources of post-consumer plastics for recycling: non-durable
products and durable products. Non-durable products are mostly plastic bottles,
containers and films. Durable products include plastics used in electronics,
carpet, automotive products, and other industrial and commercial products.Report
Scope:
For
the purposes of this report, the term “recycling” refers to the removal of
products from the waste stream for uses not including incineration or energy
recovery. Any secondary uses or reuse of the material is assumed to have already
taken place. The term “recovery” is taken to include all disposal methods
except land disposal (i.e., recycling, incineration, waste-to-energy [WTE]).
The
term “chemical recycling” will be used to describe the return to chemical units
originally used to make resins. Nylon can be depolymerized to caprolactam. The
term “feedstock recycling” will be used to denote the process of decomposing
plastics to a mix of organic chemicals, some used in the manufacture of
plastics and some not. Feedstock recycling products are more akin to the raw
materials used to produce plastics (e.g., petroleum, natural gas).
Mechanical
recycling methods include those that involve physical modifications to the
recovered plastic only, such as separation, grinding and classifying.
The
report will be concerned with activities in four regions: North America,
Europe, the Asia region and the Rest of the World (ROW). All figures are
reported to the nearest million dollars or million or billion pounds. Growth
rates given are compound annual growth rates (CAGRs) for the period from 2017
to 2023. All value figures noted are in constant 2017 U.S. dollars.
The
market data in the tables of this report only cover post-consumer plastics.
Post-industrial plastics are not included.
The
report is divided into several sections. The Introductory section summarizes
the study’s goals and objectives, the reasons for doing the study and scopes.
The Summary and Highlights section provides a brief summary of estimates and
forecasts of the global plastics recycling market from 2017 through 2023 and
highlights of largest and fastest-growing markets and important trends.
The
Overview section describes the manufacture of plastics, the major types of
plastics used, the ways in which plastics are disposed after use and a summary
of recycling methods.
The
Global Market section describes existing markets by product sources. Recycled
waste products include bottles, vehicles, carpet and electronics. This section
covers topics such as the amount of plastic annually collected and recycled
from these sources, and when possible, it offers a prediction regarding the
probable growth rate over the next five years.
The
Global Market section also looks at plastics recycling by resin, summarizing
the sources and end uses for recycled materials that are available. Most
recycled polyethylene terephthalate (PET) comes from PET bottles, and the main
end market for recycled PET bottle resin is fibers.
The
Global Market section also profiles products made with recycled plastics,
including applications such as plastic lumber and plastic composites (e.g.,
wood, fibers, cement, glass). Products are covered separately, as they may be
made from plastic from a combination of sources. Wood/fiber plastic composites
may be made from several different resin types, each possibly derived from
several different products.
After
the global market sections, there will be four chapters that discuss the
regional plastics recycling markets: North America, Europe, the Asia region and
ROW.
The
Company Profiles section lists relevant organizations and companies.
The
Appendix provides definitions of abbreviations and acronyms.
Market
values and volumes have specific measurements.
- Market values are measured at the level of plastic recycled, such as the
values of recycled resin pellets.
- The market volumes by end use or application are measured at the levels of
both the amount of plastic available for recycling and the amount of plastic
that is recycled.
- The market volumes by sources of waste (e.g., bottles, films.) are measured
at the level of the amount of plastic available for recycling.
- The market volume is segmented by resin types of waste (e.g., PET, PE.) and
measured at the level of the amount of plastic available for recycling.
Report
Includes:
-
96 data tables
- An overview of the global markets for plastic recycling
- Analyses of global market trends, with data from 2017, 2018, and projections
of compound annual growth rates (CAGRs) through 2023
- Discussion on the history and current state of plastic recycling market, and
future trends
- Insight into the government regulations and targets of the plastic recycling
industry
- Company profiles of the industry including JK Plastics Pty. Ltd., PET
Recycling Company (PETCO), LyondellBasell, Geo-Tech Polymers, Phoenix
Technologies International, LLC and MBA Polymers Inc
FOR MORE
DETAILS: https://www.wiseguyreports.com/reports/3536417-plastics-recycling-global-markets-through-2023
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