Global Plastics Recycling Market Research Report 2023
Summary - A new market study, 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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