Plastic recycling market is anticipated to grow at a CAGR of 8.8% during the forecast period. Plastic has become one of the major troubles for the environment, and with the rise in consumer awareness, the need for recycling plastic is gaining momentum. The increasing call for artificial textiles will be one of the significant trends in the recycled plastics industry. The growing concern about sustainable as well as green packaging solutions has escalated mainly with the progress in customer awareness about health and the environment which has generated new opportunities for the recycled plastics market. 

Also, most of the governments in developed and emerging economies and regulatory bodies are putting a ban on the use of single-use plastics, such as retail shopping bags, strows, and others which is playing a major role in boosting the growth of the plastic recycling market. Further, increased foreign investment in this industry is also driving the global plastic market. However, rising environmental concern associated with the disposal of plastics is hampering the market growth. In addition, struggle in the gathering of plastic wastes and raw materials is also projected to limit the market growth.

Demand for other certain types of plastic-intensive is also expanding these days in various applications, such as respirators and ventilators as well as personal protective equipment (PPE) for healthcare workers, such as masks, gowns, and goggles. As a result of all these factors, the growth is getting hampered in plastic recycling-based solutions.

To Request a Sample of our Report on Plastic Recycling Market:  https://www.omrglobal.com/request-sample/plastic-recycling-market

Plastic Recycling Market Segmentation

By Product Type

Polyethylene (PE)
Polypropylene (PP)
Polyvinyl Chloride (PVC)
Polyethylene Terephthalate (PET)
Polystyrene
Others

By Application

Packaging
Construction
Electricals & Electronics
Automotive
Medical Device
Others

A full Report of Plastic Recycling Market is Available @  https://www.omrglobal.com/industry-reports/plastic-recycling-market

Regional Analysis           

North America 

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Latin America
Middle East and Africa 

Company Profiles 

Addonn Polycomponds Pvt. Ltd.
Advanced Environmental Recycling Technologies Inc.
Schoenberg & Co.
Bingo Industries, Ltd.
Clean Tech Inc.
Covanta Energy Corp.
Custom Polymers, Inc.
DS Smith Plc
Eastman Chemical Co. 
Envision Plastics Industries LLC
Fresh Pak Corp.
Gravita India, Ltd.
Kuusakoski Group Oy
KW Plastics
MBA Polymers Inc.
Mohawk Industries, Inc.
Phoenix Technologies International LLC
Plastipak Packaging, Inc.
RJM International, Inc.
Stericycle, Inc.
Terracycle US, Inc.
Ultra Poly Corp.
Vikoz Enterprises, Inc.
Waste Connections Inc.
Waste Management, Inc.

Reasons to buy from us –

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
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