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Strategic Insights: Unveiling Recycled Plastics Market Projections 2023-2028 with MarketsandMarkets™


(, April 30, 2024 ) The report "Recycled Plastics Market by Source (Bottles, Fibers, Films, Foams), Process, Plastic Type (PET, PE, PP, PVC, PS), Type, End-Use (Packaging, Textiles, Building & Construction, Automotive, Electrical & Electronics), and Region - Global Forecast to 2030" The recycled plastics market is projected to grow from USD 69.4 billion in 2023 to USD 120.0 billion by 2030, at a CAGR of 8.1% from 2023 to 2030.

Browse in-depth TOC on "Recycled Plastics Market”

316 - Market Data Tables

51 - Figures

271 - Pages

Download PDF brochure of the Report @

Based on source, the bottles segment is projected to be the fastest-growing segment during 2023 to 2030. This dominance is because bottles are the most commonly recycled post-consumer plastics, and they have a better network for collection and sorting.

Based on plastic type, the polypropylene (PP) segment is projected to be the fastest-growing segment in the recycled plastics market during forecast period. PP is majorly employed in automotive parts, thermal vests, yogurt containers, disposable diapers, plastic lumbers, park benches, speed bumps, and other industrial applications.

Based on type, the post-consumer recyclate segment is predicted to be the fastest-growing segment in the recycled plastics market during 2023 to 2030. Factors such as growing usage of plastics in a wide range of products such as clothing and food & beverages are expected to drive the market for the post-consumer recyclates segment during the forecast period.

Based on end-use industry, the packaging segment is anticipated to be the fastest-growing segment during forecast period. Increase in the usage of recycled plastics in packaging industry for a wide range of products is expected to boost demand in coming years.

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Based on region, Asia Pacific is projected to be the fastest-growing market for recycled plastics during 2023 to 2030. The rising demand for recycled plastics from the building & construction industry in key countries such as India, Japan, and South Korea is expected to drive the European market during the forecast period.

Recycled Plastics Market Key Players
Major players operating in the recycled plastics market include Veolia (France), Indorama Ventures (Thailand), Far Eastern New Century Corporation (Taiwan), Alpek (Mexico), and Berry Global Inc. (US). The companies have wide-spread recycling facilities with an established portfolio of recycled plastics, a robust market presence, and strong business strategies. This factors are attributing to their growth in recycled plastics market.

Don't miss out on business opportunities in Recycled Plastics Market. Speak to Our Analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.


Mr. Ashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
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Mr. Aashish Mehra


Source: EmailWire.Com

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