Lucintel Forecasts The Global Post-consumer Recycled Plastic Market To Reach $21 Billion By 2030

By Author: Lucintel LLC
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According to a market report by Lucintel, the future of the global post-consumer recycled plastic market looks promising with opportunities in the packaging, building & construction, automotive, and electronic markets. The global post-consumer recycled plastic market is expected to reach an estimated $21 billion by 2030 with a CAGR of 5.2% from 2024 to 2030. The major drivers for this market are rising government initiatives towards promoting sustainable waste management and growing consumer inclination towards sustainable product choices.

A more than 150–page report is developed to understand Trends, opportunity and forecast in global post-consumer recycled plastic market to 2030 by source (bottles, non-bottle rigid, and others), polymer type (polyethylene terephthalate (PET), high-density polyethylene (HDPE), low-density polyethylene (LDPE), polypropylene (PP), polyurethane (PUR), polyvinyl chloride (PVC), polystyrene (PS), and others), processing type (mechanical, chemical, and biological), end use (packaging, building & construction, automotive, electronics, and others), and region (North America, Europe, ...
... Asia Pacific, and the Rest of the World).

In this market, mechanical, chemical, and biological are the major segments of global post-consumer recycled plastic market by processing type. Lucintel forecasts that mechanical is expected to witness the highest growth over the forecast period due to its rising preference to process waste plastics by physical means such as grinding, shredding, and melting given to its simplicity and relatively low cost.

Within this market, packaging is expected to witness the highest growth.

Download sample by clicking on post-consumer recycled plastic market.
APAC is expected to witness highest growth over the forecast period due to continual expansion of urbanization and rising demand for non-residential construction projects in the region.
Veolia Environnement, Suez Waste Management, Republic Services, Waste Connections, Biffa, Clean Harbors, Stericycle, Remondis, DS Smith, and Plastipak Holdings are the major suppliers in the post-consumer recycled plastic market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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