Global Post Consumer Recycled Plastics Market Projected to Reach USD 10.2 Billion by 2026

18-Jun-2020 | Facts and Factors

Findings from Facts and Factors report “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 Forecasts, 2020–2026” states that 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.

Post Consumer Recycled Plastics Market Size

Request Sample Request Customization Buy Now

Post-consumer recycled plastic is obtained from a product that was used by the consumer and has completed its life cycle and it will be disposed as a solid waste product. The post-consumer recycled plastic includes the plastic that is collected from residential and commercial recycling program such as bakery container, drink cups, serving bowls, supermarket containers, etc. In the plastic recycling process, the collected plastic is processed and again rebuilt into the usable product. Recycling helps to reduce energy consumption; it reduces water pollution and air pollution, and also reduces greenhouse gas emissions and consumption of fresh raw materials. It also helps the companies to eliminate their need of fossil fuel as a raw material and also helps to reduce carbon footprint.

Browse the full “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 Forecasts, 2020–2026" https://www.fnfresearch.com/global-post-consumer-recycled-plastics-market-by-material-1229

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. These products are crack resistant and light weight. These factors are propelling the market growth. Another factors that are driving the market growth are increasing awareness about green packaging practices, rise in the infrastructural development such as recycling plants and growing urbanization. The increasing demand for the packaging product which is made by using recycling plastic is expected to fuel the market growth. However, the shortage supply of post consumer recycled plastic 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.

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.

By geography, in 2019, the North America dominated 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.

Report 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

DS Smith, Waste Management, Inc., Republic Services, SUEZ, Veolia Environnement, Waste Connections Inc, Clean Harbors , Biffa, 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

Purchase Options

Request customized purchase options to meet your research needs.Explore purchase options

Some of the leading players in the global market include

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

This report segments the post consumer recycled plastics market as follows:

By 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

By Service Segmentation Analysis

  • Recycling
  • Landfills
  • Incineration
  • Collection & transportation

By End-Users Segmentation Analysis

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

By Process Segmentation Analysis

  • Chemical process
  • Mechanical process
  • Biological process

By Regional Segmentation Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • 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

About Us:

Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. Our client’s/customer’s conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.

Contact Us:
Facts & Factors

A 2108, Sargam,
Nanded City,
Sinhagad Road,
Pune 411041, India
USA: +1-347-989-3985
Email: [email protected]
Web: https://www.fnfresearch.com


Latest Market Research Reports

report img

Biliary Lithotripter Market Report 2024 – 2032

[204+ Pages Report]According to Facts Factors, the global biliary lithotripter market size in terms of revenue was valued at around USD 1,770 million in 2023 and is expected to reach a value of USD 2,630 million by 2032, growing at a CAGR of roughly 4.5% from 2024 to 2032. The global biliary lithot

Published Date : 04-Mar-2024 | | Category : Healthcare | Pages : 204 | Format : Read more

Inquiry for Buying Request Sample
report img

Arterial Stent Market Report 2024 – 2032

[245+ Pages Report] According to Facts Factors, the global arterial stent market size in terms of revenue was valued at around USD 17.02 billion in 2023 and is expected to reach a value of USD 41.24 billion by 2032, growing at a CAGR of roughly 10.33% from 2024 to 2032. The global arterial stent ma

Published Date : 01-Mar-2024 | | Category : Healthcare | Pages : 245 | Format : Read more

Inquiry for Buying Request Sample
report img

Autosamplers Market Report 2024 – 2032

[250+ Pages Report] According to Facts Factors, the global autosamplers market size in terms of revenue was valued at around USD 1,660.23 million in 2023 and is expected to reach a value of USD 3,112.02 million by 2032, growing at a CAGR of roughly 7.23% from 2024 to 2032. The global autosamplers m

Published Date : 01-Mar-2024 | | Category : Healthcare | Pages : 250 | Format : Read more

Inquiry for Buying Request Sample
report img

Vision Sensor Market Report 2024 – 2032

[229+ Pages Report] According to Facts and Factors,The global vision sensor market size was valued at USD 4.51 billion in 2023 and is predicted to surpass USD 10.05 billion by the end of 2032. The vision sensor industry is expected to grow by a CAGR of 9.31% between 2024 and 2032. Vision Sensor Mar

Published Date : 29-Feb-2024 | | Category : Technology & Media | Pages : 229 | Format : Read more

Inquiry for Buying Request Sample
report img

Insurance Analytics Market Report , 2024 to 2032

[228+ Pages Report] According to Facts and Factors,the global insurance analytics market size was valued at USD 13.14 billion in 2023 and is predicted to surpass USD 43.80 billion by the end of 2032. The insurance analytics industry is expected to grow by a CAGR of 14.31% between 2024 and 2032. Ins

Published Date : 28-Feb-2024 | | Category : Public Sector | Pages : 228 | Format : Read more

Inquiry for Buying Request Sample

Why FnF Market Research?

1 Inflallible Methodology

to ensure high-level data integrity, accurate analysis, and impeccable forecasts

2 Analyst Support

for complete satisfaction

3 Customization

on-demand customization of scope of the report to exactly meet your needs

4 Targeted Market View

Targeted market view to provide pertinent information and save time of readers

5 Agile Approach

A faster and efficient way to cater to the needs with continuous iteration