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RECYCLED PLASTICS MARKET ANALYSIS

Recycled Plastics Market, By Product Type (Polyethylene Terephthalate (PET), High Density Polyethylene (HDPE), Low Density Polyethylene (LDPE), Polyvinyl Chloride (PVC), and Others), by Source (Plastic Bottles, Plastic Bags & Films, Synthetic Fiber, Rigid Plastics & Foams, and Others), by End-use Industry (Building & Construction, Textiles, Automotive, Electrical & Electronics, Packaging, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022-2028

  • To Be Published : Dec 2024
  • Code : CMI3073
  • Formats :
      Excel and PDF
  • Industry : Polymers and Resins

Market Challenges And Opportunities

  • High competition for new or virgin plastics is expected to hinder growth of the market over the forthcoming years. However, new innovations in recycling technologies results in cost-efficiency, offers new opportunities for recycled plastics players for expansion. Reliable detectors and recognition software are few of the latest technologies that help recycled plastics manufacturers to enhance accuracy and productivity in sorting plastics automatically. For instance, FT-MIR and FT-NIR spectrometer systems offered by Bruker Limited, helps recycling plastics manufacturers to achieve desired objectives by classify and identify recyclable materials more efficiently.
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