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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