Growth Of Plastic Recycling Market 2016 - 2023 oct 2016 | Page 2

REPORT DESCRIPTION

The global market for plastic recycling has been examined in a detailed market research report by Transparency
Market Research. The report, titled “Plastic Recycling Market - Global Industry Analysis, Market Size, Share,
Growth, Trends & Forecast 2016 – 2023,” gives a detailed account of the current state of the market, presents
qualitative and quantitative data pertaining to major trends of the past years, and presents a professionally sound
forecast for the overall state of development of the global plastic recycling market over the report’s forecast period.
Complete Report Plastic Recycling Market with TOC : http://www.transparencymarketresearch.com/plasticrecycling-market.html
The report presents an overview of the projected impact of the several growth drivers, challenges, and prevailing
trends on market’s future development. The report states that the advancements in recycling technologies have led
to a significant rise in the applications of recycled plastic in the global market.
The report states that factors such as the availability of clean feedstock, rising consumer awareness regarding
products with recycled substances, and stringent regulations related to recycling of a variety of materials across
several economies are some of the major factors that will bolster the global plastic recycling market over the
report’s forecast period. The market is expected to be restrained to a certain extent owing to challenges involved in
recycling mixed plastic waste and the collection of recyclable plastics.
The plastic recycling market can be segmented into the major types of plastics commercially produced:
thermoplastic polymers and thermoset plastics. Other than these two prominent types of plastics,
polyhydroxyalkanoates (PHA) and Polylactic acid (PLA), the plastics derived from corn have started taking the place
of hydrocarbon-derived thermoplastics in a variety of applications. The cleaner form of these plastics as compared to
the traditional hydrocarbon-derived plastics makes them more viable for recycling, and are expected to significantly
impact the overall development of the global plastic recycling market in the next few years.
From a geographic viewpoint, the global plastic recycling market can be segmented on the basis of imports and
exports of plastic waste. Countries such as the USA, China, the Netherlands, the U.K, Germany, Japan, and Belgium
are the primary importers and exporters of plastic waste across the globe. Of these, China is the largest importer as
well as exporter for waste plastics.
The report also presents a comprehensive scenario of the competitive landscape of the global plastic recycling
market with the help of SWOT analysis, new project feasibility analysis, finance-related data (where available), and