Post-consumer recycled plastics are plastics derived from end products that have completed their life cycle as consumer goods and would otherwise have been discarded as solid waste products. They include plastics that have been collected in the residential and commercial recycling programs.
MARKET DYNAMICS
In times when the primary raw materials in the plastic industry are getting costlier, plastic industries have started to adopt post-consumer recycled plastics in manufacturing and processing plastic products. Reprocessed post-consumer recycled plastics have turned into a lucrative and inexhaustible resource in the plastics industry. Government initiatives on promoting post-consumer recycled plastics businesses and increasing government initiatives to reduce the impact of plastic on the environment have created a favorable environment for the post-consumer recycled plastics industry. However, it is costly to recycle post-consumer plastic products as the final products obtained from recycling entails significant expenditure on collecting, cleaning, segregating, and reprocessing plastic waste. Also, the end products may have irregularities in color and textures. This may act as a restraining factor to the growth of the post-consumer recycled plastics market.
MARKET SCOPE
The "Global Post-Consumer Recycled Plastics Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the post-consumer recycled plastics market with detailed market segmentation by service, polymer type, processing type, end-use application, and geography. The global post-consumer recycled plastics market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading post-consumer recycled plastics market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global post-consumer recycled plastics market is segmented on the basis of service, polymer type, processing type, and end-use application. On the basis of service, the post-consumer recycled plastics market is segmented into collection & transportation, recycling, incineration, and landfills/disposal. The post-consumer recycled plastics market on the basis of polymer type is classified into polyethylene terephthalate (PET), high-density polyethylene (HDPE), low-density polyethylene (LDPE), polypropylene (PP), polyvinyl chloride (PVC), polyurethane (PUR), polystyrene (PS), and others. Based on processing type, the global post-consumer recycled plastics market is divided into chemical process, mechanical process, and biological process. Based on the end-use application, the global post-consumer recycled plastics market is divided into packaging, building & construction, automotive, furniture, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global post-consumer recycled plastics market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The post-consumer recycled plastics market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the post-consumer recycled plastics market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the post-consumer recycled plastics market in these regions.
MARKET PLAYERS
The reports cover key developments in the post-consumer recycled plastics market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the post-consumer recycled plastics market are anticipated to lucrative growth opportunities in the future with the rising demand for post-consumer recycled plastics in the global market. Below mentioned is the list of few companies engaged in the post-consumer recycled plastics market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the post-consumer recycled plastics market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the key development in the past five years.
- Alpha Packaging, Inc
- Amcor Rigid Plastics USA Inc.
- Eco-Products, Inc
- Genpak, LLC
- Inhaber Michael Mettler e.K
- Papier-Mettler
- Placon Corporation Inc
- Remondis SE & Co. Kg
- Seventh Generation Inc
- Tray-Pak Corporation
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