Current Business Affairs Global Plastic Recycling Market 2018 | Page 2

storage containers, and personal care products. The higher grade of HDPE is utilized for preparing milk bottles, beverage
containers, juice cans, and other edible liquid cans.
Market Analysis with Latest Growth Factors:
The global plastic recycling market is expected to garner maximum revenue in the forecast period. Factors such rising
concern for the environment has deepened the focus on recycling plastics. Although plastic has large number of
applications in healthcare, automotive, defense, and energy industries, the plastics material recycling becomes
significant from an environmental opinion as it enables to keep global warming, environmental pollution and ozone
layer depletion, under control. Therefore, the increased concern for the environment is anticipated to fuel the recycled
plastics market growth in the future.
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Recycling-Market
Geographical Analysis:
Based on regions, the global plastic recycling market is divided into North America, Europe, Asia-Pacific (APAC), Middle
East & Africa (MEA), and Latin America. The North American region is anticipated to command the maximum market
share and would lead the plastic recycling market during the forecast period. Factors such as the easy availability of
skilled workforce as well as advanced techniques for recycling PET, HDPE, and PP plastics in the region is expected to fuel
the plastic recycling market during the forecast period.
The Asia-Pacific region is expected to witness the swiftest growth in the plastic recycling market. This region is highly
engaged in activities such as parings and transforming the plastic scrap into recycled resins for additional applications.
The availability of cheap labor and lenient governmental regulations have resulted in the swift growth of this region.
Major Points from Table of content:
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Executive Summary
Research Methodology
Market Dynamics
Industry Overview
Global Plastic Recycling Market, By Product (2017-2025)
Global Plastic Recycling Market, By Regions (2017-2025)
Market Competition Analysis
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