New York, NY -- (SBWire) -- 06/24/2019 --Recycled plastics are resins that are manufactured by reusing waste plastic products. They are produced by recovering plastic scraps and wastes and then reprocessing them into useful products. It can be defined as the process of cleaning, sorting and processing pre-consumer or post-consumer plastic wastes into resins for various applications. Most of the plastics are non-biodegradable in nature. Thus, the only way to dispose these plastics is to recycle them. With the rising awareness, there has been a growth in the demand for this market. The resins manufactured from the plastic wastes can be used for several purposes.
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Scope of the Report:
The research methodologies used for evaluating the Recyclable Plastics market are inventive and also provides enough evidence on the demand and supply status, production capability, import and export, supply chain management and investment feasibility. The investigative approach applied for the extensive analysis of the sale, gross margin and profit generated by the industry are presented through resources including tables, charts, and graphic images. Importantly, these resources can be easily integrated or used for preparing business or corporate presentations.
Market Segment by manufacturers, the report covers the following companies:
K.W. Plastics, SUEZ, B&B Plastics, Recycled Plastics Industries, B. Schoenberg & Co., Inc. and Green Line Polymers.
For the purpose of this report, Reports and Data has segmented the Recyclable Plastics market on the basis of type, application, scrap and region:
Type (Revenue, USD Million; 2016–2026)
- Polyethylene terephthalate (PET)
- Polyethylene (PE):
- High Density Polyethylene (HDPE)
- Low Density Polyethylene (LDPE)
- Polypropylene (PP)
- Polystyrene (PS)
- Poly Vinyl Chloride (PVC)
Application (Revenue, USD Million; 2016–2026)
- Packaging
- Textiles
- Furniture
- Electricals
Scraps (Revenue, USD Million; 2016–2026)
- Rigid:
- Bottle
- Containers
- Furniture
- Non-rigid:
- Films
- Wrappers
- Others
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Regional Outlook (Revenue in USD Million; 2016–2026)
- North America
o U.S.
o Canada
- Europe
o Germany
o France
o UK
o Spain
o Italy
o Rest of the Europe
- Asia Pacific
o China
o India
o Japan
o Rest of Asia-Pacific
- Middle East & Africa
- Latin America
o Brazil
Estimating the potential size of the Recyclable Plastics industry:
Industry experts conducting the study further estimate the potential of the Recyclable Plastics industry. Such information is important for firms looking to launch an innovative service or product on the market. Industry experts have measured the total volume of the given market. Researchers have calculated the industry in terms of sales by the competitors and end-user – customers. Data on the entire size of the Recyclable Plastics market for a particular product or a service for the forecast period, 2019 to 2026 covered in the report makes it valuable. This information reveals the upper limit of the Recyclable Plastics industry for a specific product or service.
Market share:
The report discovers market's total sale that is generated by a particular firms over a time period. Industry experts calculate share by taking into account the product sales over a period and then dividing it by the overall sales of the Recyclable Plastics industry over a defined period. Subject matter experts further use this metric to offer a general idea of the share and size of a firm and its immediate rivals. By providing an in-depth knowledge of the position a company as well as an entrepreneur holds in the Recyclable Plastics market
The research provides answers to the following key questions:
- What is the estimated growth rate of the Recyclable Plastics market for the forecast period 2019 - 2026? What will be the market share and size of the industry during the estimated period?
- What are prime factors expected to drive the Recyclable Plastics industry for the estimated period?
- What are the major market leaders and what has been their winning strategy for success so far?
- What are the significant trends shaping the growth prospects of the Recyclable Plastics market?
- What are the key challenges expected to restrict the progress of the industry for the forecast period, 2019 - 2026?
- What the opportunities product owners can bank on to generate high profits?
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Table of Contents
Chapter 1. Market Synopsis
Chapter 2. Executive Summary
Chapter 3. Indicative Metrics
Chapter 4. Recycled Plastics Segmentation & Impact Analysis
Chapter 5. Recycled Plastics Market By Product Type Insights & Trends
Chapter 6. Recycled Plastics Market By Application Insights & Trends
Chapter 7. Recycled Plastics Market By Scraps Insights & Trends
Chapter 8. Recycled Plastics Market Regional Outlook
Chapter 9. Competitive Landscape
Chapter 10. Company Profiles
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Recyclable Plastics Market Regional Analysis and Key Players by 2026: K.W. Plastics, SUEZ, B&B Plastics, Recycled Plastics Industries
According to the current analysis of Reports and Data, the global Recyclable Plastics market was valued at USD 40.26 Billion in 2018 and is expected to reach USD 66.74 Billion by year 2026, at a CAGR of 6.5%.