Recycled Plastics Market: Top Geographies and Market Highlights

Geographical Analysis and Market Highlights 2021-2025

The recycled plastics market is set to post an incremental growth of 16.28 mn tons, decelerating at a CAGR of almost 4.25% during the forecast period. Our market investigates the key markets and the factors that are likely to boost growth along with challenges that need to be surpassed to promote success in the market. The report also provides an analysis of key segments and offers competitive benchmarking of the key market players and their product portfolios.

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Recycled Plastics Market: APAC to lead market growth during the forecast period

• 44% of the market growth will originate from APAC during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Recycled Plastics Market size.
• One of the key drivers that is likely to drive market growth is the environment-friendly nature of recycled plastics. This report provides a detailed analysis of all the trends that are likely to influence the growth of individual segments within the market as well as the overall market.  These insights will equip clients with all the information they need to plan COVID-19 recovery and growth strategies.
• Market is segmented by End-user (packaging, construction, automotive, electrical and electronic components, and others), Type (PET, HDPE, LDPE, PP, and others), and Geography (APAC, Europe, North America, MEA, and South America).

Recycled Plastics Market: Vendor Landscape

Some of the leading vendors in this market are Altium Packaging, Avangard innovative, Imerys S.A., Indorama Ventures Public Co. Ltd., Kuusakoski Group Oy, KW Plastics, MBA Polymers Inc., Mohawk Industries Inc., UltrePET LLC, and VEOLIA ENVIRONNEMENT SA. The market is fragmented and the growth of the players in this market is dependent on several factors such as prevalent market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.

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The report provides insights into the following FAQs:

1. What is the market CAGR?
   The market is decelerate at a CAGR of almost 4.25%.
    
2. What is the incremental growth of the market?
   The market is expected to grow by 16.28 mn tons through 2021-2025.
    
3. What is a key factor driving this market?
   Environment-friendly nature of recycled plastics will drive market growth over the forecast period.
    
4. What are the key regions covered in this market research report?
   APAC, Europe, North America, MEA, and South America are the key regions featured in this research report.
    
5. Which is the leading geographic region for this market:
   44% growth will originate from APAC
    
6. Who are the leading market vendors?
   The leading vendors in this market are Altium Packaging, Avangard innovative, Imerys S.A., Indorama Ventures Public Co. Ltd., Kuusakoski Group Oy, KW Plastics, MBA Polymers Inc., Mohawk Industries Inc., UltrePET LLC, and VEOLIA ENVIRONNEMENT SA
    
7. What are the market segments covered in this report?
   The market is segmented by End-user (packaging, construction, automotive, electrical and electronic components, and others), Type (PET, HDPE, LDPE, PP, and others), and Geography (APAC, Europe, North America, MEA, and South America).

Market Segmentation by End-user

• • Recycled Plastics Market Split by End-user
    • packaging
    • construction
    • automotive
    • electrical and electronic components
    • others
  • Recycled Plastics Market Split by Type
    • PET
    • HDPE
    • LDPE
    • PP
    • others
  • Recycled Plastics Market Split by Geography
    • APAC
    • Europe
    • North America
    • MEA
    • South America

Customer landscape

• Customer landscape

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• APAC - Market size and forecast 2020-2025
• MEA - Market size and forecast 2020-2025
• Europe - Market size and forecast 2020-2025
• North America - Market size and forecast 2020-2025
• South America - Market size and forecast 2020-2025
• Key leading countries
• Market opportunity by geography
• Market drivers
• Market challenges
• Market trends

Vendor Landscape

• Competitive scenario
• Vendor landscape
• Landscape disruption

Vendor Analysis

• Altium Packaging
• Avangard innovative
• Imerys S.A.
• Indorama Ventures Public Co. Ltd.
• Kuusakoski Group Oy
• KW Plastics
• MBA Polymers Inc.
• Mohawk Industries Inc.
• UltrePET LLC
• VEOLIA ENVIRONNEMENT SA