The global market for plastic recycling is expected to grow from $42.4 billion in 2024 to $57.9 billion by the end of 2029, at a compound annual growth rate (CAGR) of 6.4% from 2024 to 2029, according to the "Plastics Recycling: Global Markets" report by ResearchAndMarkets.com.
The report provides a detailed analysis of global market trends in recycled plastics, offering market revenue data from 2023, estimates for 2024, forecasts for 2028, and projected compound annual growth rates (CAGRs) through 2029. It includes an estimate of the current market size and revenue growth prospects, with a market share analysis by resin type, technology, end-use industry, and region.
The report presents facts and figures on market dynamics, current and emerging technologies, regulations, and future prospects for recycled plastics. It reviews the industry supply chain using Porter's Five Forces and PESTLE models to analyze micro- and macro-environmental factors prevailing in the marketplace.
The report also provides an overview of sustainability trends and ESG (Environmental, Social, and Governance) developments in the industry, focusing on consumer attitudes, companies' ESG score rankings, and their ESG practices. Additionally, it examines recent patents and other new developments in the field.
An analysis of the industry structure is included, detailing companies' market shares, alliances, mergers and acquisitions (M&A) activity, and venture funding outlook. Company profiles of leading players such as Berry Global Inc., Veolia Environnement S.A., MBA Polymers Inc., Plastipak Holdings Inc., and Valgroup are provided, offering insights into their strategies and market positions.
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