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Post Consumer Recycled Plastics Market Size, Share Global Analysis Report, 2020–2026

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Post Consumer Recycled Plastics Market – By Material Type (Polyurethane (PUR), Polypropylene (PP), Low-density Polyethylene (LDPE), Polystyrene (PS), Polyvinyl Chloride (PVC), Polyethylene Terephthalate (PET), High-density Polyethylene (HDPE), and Other), By Service (Recycling, Landfills, Incineration, and Collection & transportation), By End-Users (Building & construction, Packaging, Furniture, Automotive), and By Process Type (Chemical Process, Mechanical Process, And Biological Process): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecast 2020–2026

Industry Insights

[178+ Pages Report] According to the report published by Facts Factors, the global post consumer recycled plastics market size was worth around USD 7.7 billion in 2019 and is predicted to grow to around USD 10.2 billion by 2026 with a compound annual growth rate (CAGR) of roughly 6% between 2020 and 2026. The report analyzes the global post consumer recycled plastics market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the post consumer recycled plastics market..

Post Consumer Recycled Plastics Market Size

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This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the post consumer recycled plastics industry. The report analyzes and declares the historical and current trends analysis of the post consumer recycled plastics industry and subsequently recommends the projected trends anticipated to be observed in the post consumer recycled plastics market during the upcoming years.

The post consumer recycled plastics market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire post consumer recycled plastics market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of both volume (Kilotons) and value (USD Million) from FY 2016 – 2026


logoKey Insights from Primary Research

  • According to the primary CXO’s of the global post consumer recycled plastics market, the market is estimated to witness a substantial growth of nearly 6% over the forecast period.
  • The market was valued at USD 7.7 billion, in 2019 and is expected to be valued over USD 10.2 billion.
  • By material type segmentation, the Polyethylene terephthalate (PET) category is expected to contribute the largest market share in the global post consumer recycled plastics market owing to its ease of technology processing and it is recyclable.
  • On the basis of service segment, the recycling category led the market in 2019 and it is anticipated to grow in the future years attributed to rising recycling plant in infrastructural developments and increasing concern about the reduction of landfills.
  • By end-user segment, the packaging category held the largest market share in 2019, and it is projected to be the largest growing segment over the forecast period due increasing packaging application such as bottles, cups, containers and other packaging product.

logoKey Recommendations from Analysts

  • According to our analysts, the North America is expected to dominate the market for the post consumer recycled plastics owing to increasing technological advancement in industries of waste management and strict regulations about the collection, disposal and  recycling of plastic.
  • Owing to the growing urbanization and increasing awareness about green packaging solution and health, the Asia pacific region is anticipated to grow in the future years.
  • In chemical recycling, the chemical process category is projected to grow in the future years attributed to major players are following chemical recycling process.
  • Due to robust growth in the use of recycled plastic, the automotive and furniture sectors are estimated to enhance the market growth during the period 2020-2026.
  • Due to the adoption of new innovations in plastic recycling process, the post consumer recycled plastics market is anticipated to grow during the forthcoming years.

The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the post consumer recycled plastics industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.

Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the post consumer recycled plastics industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the post consumer recycled plastics market.

The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the post consumer recycled plastics industry. The post consumer recycled plastics market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.

The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the post consumer recycled plastics sector. Key strategic developments in the post consumer recycled plastics market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the post consumer recycled plastics market are appropriately highlighted in the report.

The post consumer recycled plastics market research report delivers an acute valuation and taxonomy of the post consumer recycled plastics industry by practically splitting the market on the basis of different types, category and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026.

logoReport Scope

Report Attribute

Details

Market Size in 2019

USD 7.7 Billion

Projected Market Size in 2026

USD 10.2 Billion

CAGR Growth Rate

6% CAGR

Base Year

2019

Forecast Years

2020-2026

Key Market Players

Biffa, Republic Services, SUEZ, Waste Management, Inc., DS Smith, Veolia Environnement, Waste Connections Inc, Clean Harbors , Stericycle, Remondis SE & Co. KG, and others.

Key Segment

By Material, Service, End-Users, Process, and Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa

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The regional segmentation of the post consumer recycled plastics industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Further, country-wise data for the post consumer recycled plastics industry is provided for the leading economies of the world.

Post-recycled plastic is obtained from a consumer-product that has completed its life cycle and will be disposed of as a solid waste product. Post-recycled plastic comprises plastic obtained from residential and industrial recycling schemes such as serving bowls, bakery containers, and containers in supermarkets, drink cups, etc. The collected plastic is processed in the plastic recycling process and is transformed into the usable product again. Recycling process helps to minimize energy use; it decreases water pollution as well as air pollution, and also reducing greenhouse gas emissions and fresh raw material usage. It also helps businesses to remove their need for fossil fuel as a raw material and helps to reduce carbon emissions.

The new technological innovations and increasing demand for recycled plastic, rise in plastic recycling plants are the factors driving the market growth. However, the lack of suppliers in the post consumer recycled plastic industry may restraints the growth of the market. On the other hand, rising awareness about the health and environment and green packaging solutions can generate the ample opportunities in the market.

The post consumer recycled plastics market is segmented based on material type, process type, end-users, services, and region. On the basis of material type segmentation, the market is classified into polyurethane (PUR), polypropylene (PP), low-density polyethylene (LDPE), polystyrene (PS), polyvinyl chloride (PVC), polyethylene terephthalate (PET), high-density polyethylene (HDPE), and other. By service segmentation, the market is divided into recycling, landfills, incineration, and collection & transportation. By process type, the market is separated into chemical process, mechanical process, and biological. By end-users segmentation, the market is bifurcated into building & construction, packaging, furniture, automotive.

logoSome of the leading players in the global market include

  • Biffa
  • Republic Services
  • SUEZ
  • Waste Management Inc.
  • DS Smith
  • Veolia Environnement
  • Waste Connections Inc
  • Clean Harbors 
  • Stericycle
  • Remondis SE & Co. KG

The taxonomy of the post consumer recycled plastics industry by its scope and segmentation is as follows:

logoBy Material Type Segmentation Analysis

  • Polyurethane (PUR)
  • Polypropylene (PP)
  • Low-density polyethylene (LDPE)
  • Polystyrene (PS)
  • Polyvinyl chloride (PVC)
  • Polyethylene terephthalate (PET)
  • High-density polyethylene (HDPE)
  • Other

logoBy Service Segmentation Analysis

  • Recycling
  • Landfills
  • Incineration
  • Collection & transportation

logoBy End-Users Segmentation Analysis

  • Building & construction
  • Packaging
  • Furniture
  • Automotive
  • Others

logoBy Process Segmentation Analysis

  • Chemical process
  • Mechanical process
  • Biological process

logoBy Regional Segmentation Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • Germany
    • The UK
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Industry Major Market Players

  • Biffa
  • Republic Services
  • SUEZ
  • Waste Management Inc.
  • DS Smith
  • Veolia Environnement
  • Waste Connections Inc
  • Clean Harbors 
  • Stericycle
  • Remondis SE & Co. KG
     

Frequently Asked Questions

Growing requirements for recycled plastic in various industries is driving the market growth. Major players are focusing to innovating new technologies in the manufacturing of post consumer recycled plastic product.
The global Post consumer recycled plastics market in 2019 was approximately USD 7.7 billion. The market is expected to grow above a CAGR of 6% and is anticipated to reach over USD 10.2 billion by 2026.
North America will contribute notably towards the global Post Consumer Recycled Plastics Market value
Some of the leading players in the global market include are Biffa, Republic Services, SUEZ, Waste Management, Inc., DS Smith, Veolia Environnement, Waste Connections Inc, Clean Harbors , Stericycle, Remondis SE & Co. KG, and others.