Plastics are an integral part of people’s lives and are used for a wide range of applications. However, once they are no longer useful they can cause serious harm to the environment when disposed of improperly. Plastics can contaminate air, water and soil with their chemical composition that is toxic to the environment. Therefore, their disposal has to be done carefully and under proper waste management techniques. Plastic waste is non-biodegradable and can persist in the natural environment for hundreds of years, resulting in numerous environmental impacts. It is also a significant source of human health hazards. Many diseases can be caused by plastics, especially when ingested or inhaled.
Market Dynamics:
The global plastic waste management market is forecast to grow at strong pace during the forecast period. The increasing concern regarding environmental impact caused by improper garbage disposal along with rapid industrialization and urbanization are driving growth of the global plastic waste management market growth. Furthermore, stringent government policies and a shift towards the use of recycled plastic are further expected to promote growth of this market.
However, lack of proper infrastructure for the management of plastic waste. The dumping of plastic waste in coastal regions and rivers causes pollution and affects the human health.
Key features of the study:
- This report provides in-depth analysis of the global plastic waste management market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global plastic waste management market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Veolia, SUEZ Group, Waste Management, Waste Connections, CLEAN HARBORS INC., Biffa, Covanta Holding Corporation, Stericycle, REMONDIS SE & Co. KG, Republic Services, Inc., Cleanaway, Hawkvale Limited, FCC Environment, Rumpke, DS Smith, Hitachi Transport System, Ltd., Marius Pedersen a.s., Environmental Recovery Corporation of PA, Shell, Montello S.p.A., The Shakti Plastic Industries, Daya Charan Company, Thermowaste Solutions, Banyan Sustainable Waste Management Pvt. Ltd., Premium Recycled Plastics, VITAL WASTE, SAMKI GROUP, and 99P Recycling
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global plastic waste management market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global plastic waste management market
Detailed Segmentation:
- Global Plastic Waste Management Market, By Service
- Collection
- Recycling
- Incineration
- Landfills
- Global Plastic Waste Management Market, By Polymer Type
- Polypropylene (PP)
- Low-density Polyethylene (LDPE)
- High-density Polyethylene (HDPE)
- Polyvinyl Chloride (PVC)
- Polyurethane (PUR)
- Polyethylene Terephthalate (PET)
- Others
- Global Plastic Waste Management Market, By Source
- Residential
- Commercial
- Industrial
- Global Plastic Waste Management Market, By Region
- North America
- Europe
- Asia Pacific
- Rest of World
- Company Profiles
- Veolia
- SUEZ Group
- Waste Management
- Waste Connections
- CLEAN HARBORS INC.
- Biffa
- Covanta Holding Corporation
- Stericycle
- REMONDIS SE & Co. KG
- Republic Services, Inc.
- Cleanaway
- Hawkvale Limited
- FCC Environment
- Rumpke
- DS Smith
- Hitachi Transport System, Ltd.
- Marius Pedersen a.s.
- Environmental Recovery Corporation of PA
- Shell
- Montello S.p.A.
- The Shakti Plastic Industries
- Daya Charan Company
- Thermowaste Solutions
- Banyan Sustainable Waste Management Pvt. Ltd.
- Premium Recycled Plastics
- VITAL WASTE
- SAMKI GROUP
- 99P Recycling
