DUBLIN, July 14, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Recycled Plastics Market 2016-2020" report to their offering.
Plastic recycling decreases the quantity of wastes that are being dumped into landfills and aids in transforming the wastes into lower or same grade plastic materials. These products are used across different sectors.
A large proportion of the plastic that is procured for recycling is not suitable for recycling as most plastics used are semi-porous and absorb molecules of the stored material.
The removal of these residues is tedious and additional treatments for the same can potentially alter the properties of the recycled plastics. Most recycled plastics are used to make lower grade products. These are hydrolyzed to a monomeric form and then purified and re-polymerized into food grade plastic.
The global recycled plastics market is forecast to grow at a CAGR of 4.31% during the period 2016-2020.
Commenting on the report, an analyst from the research team said: The demand for plastic and its related products is increasing significantly. This is attributable to the substitution of other materials and metals by plastics. Plastic is preferred in many automotive, healthcare, defense, and energy industries. This has been one of the primary reasons that have intensified the focus on plastic recycling.
According to the report, the growing demand for plastics from healthcare, automotive, food and beverage, oil and gas, construction, and household products has stimulated the need for plastic recycling. The scarcity of petrochemicals, rising costs of raw materials, and growing environmental concerns are also fostering the need for recycling.
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
- Avangard Innovative
- B. Schoenberg & Co
- Delta Plastics of the South
- UltrePET LLC
- CarbonLITE Industries
- Marmax Products
- Worldwide Recycler Services
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by end user
PART 07: Market segmentation by type
PART 08: Market segmentation by geography
PART 09: Imports and exports
PART 10: Market drivers
PART 11: Impact of drivers
PART 12: Market challenges
PART 13: Impact of drivers and challenges
PART 14: Market trends
PART 15: Vendor landscape
PART 16: Key vendor analysis
PART 17: Appendix
PART 18: About the Author
For more information visit http://www.researchandmarkets.com/research/5pv8r7/global_recycled
Research and Markets
Laura Wood, Senior Manager
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SOURCE Research and Markets