(MENAFN- America News Hour) Research Nester published a report titled “Post-Consumer Recycled Plastics Market: Global Demand Analysis & Opportunity Outlook 2030” which delivers detailed overview of theglobal post-consumer recycled plastics market in terms of market segmentation by source, application, service, and by region.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.
The global post-consumer recycled plastics market is anticipated to grow at a CAGR of ~6% over the forecast period, i.e., 2022 – 2030. The market is segmented on the basis of source, into residential, commercial, and others, out of which, the commercial segment is estimated to gain the largest share over the forecast period, as commercial sector produces ample amount of plastic waste, and the waste management system is more efficient in commercial sources as compared to residential sources.
Download Sample of This Strategic Report@
The global post-consumer recycled plastics market is estimated to grow on the back of increasing awareness regarding recycling plastic amongst the public, combined with various government initiatives to promote reduction of plastic waste. Recycling plastic is the best solution in order the reduce the impact of producing new plastics on environment and reduce the waste ending in oceans. As per the UN Environment Protection Organization (UNEP), over 300 million tons of plastic waste is generated yearly. Moreover, the growing applications of recycled plastics amongst various end-user industries is estimated to further boost the market growth.
On the basis of geographical analysis, the global post-consumer recycled plastics market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in the North America region is estimated to gain the largest market share during the forecast period, owing to the growing adoption of recycled plastic, increasing waste management, and growing public awareness regarding reducing plastic waste in the region.
The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players' competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.
Growing Environmental Awareness Amongst People to Fuel the Market Growth
A huge amount of plastic waste is generated each year, and major part of it ends in oceans or landfills. This has created serious environmental issues over the years, including, ocean toxification, loss of marine biodiversity, methane emission, and others. Recycling, on the other hand, is the best solution to reduce plastic waste and conserve environment. This is the primary growth factor for the market.
Download/Request Sample Copy of Strategic Report:
However, the absence of proper waste management system is expected to operate as key restraint to the growth of the global post-consumer recycled plastics market over the forecast period.
This report also provides the existing competitive scenario of some of the key players of the global post-consumer recycled plastics market which includes company profiling of DS Smith plc, GFL Environmental Inc., Remondis SE & Co. KG, Republic Services, Inc, Clean Harbors, Inc., Stericycle, Inc., Waste Management, Inc., Veolia Environnement S.A., Waste Connections, SUEZ, and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global post-consumer recycled plastics market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
Read More Information@
About Research Nester
Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision in order to avoid future uncertainties.
Contact for more Info:
AJ Daniel
Email:
U.S. Phone: +1 646 586 9123
U.K. Phone: +44 203 608 5919
Research Nester
Research Nester is a one-stop service provider, leading in strategic market research and consulting with an unbiased and unparalleled approach towards helping global industrial players, conglomerates and executives to make wise decisions for their future investment and expansion by providing them qualitative market insights and strategies while avoiding future uncertainties. We believe in honesty and sheer hard work that we trust is reflected in our work ethics. Our vision is not just limited to gain the trust of our clients but also to be equally respected by our employees and being appreciated by the competitors.
MENAFN20092021004545010068ID1102831089
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.