According to MarkNtel Advisors who is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. Recently released a report on Asia-Pacific Plastic Recycling Market – Industry Trends and Forecast to 2026 and provides a comprehensive analysis of the current and future market conditions. The market research insights offered in this report enhance understanding of the market landscape, potential challenges, and strategies to establish a strong brand presence. With detailed market segmentation, in-depth analysis of key players, examination of consumer and supply chain trends, and exploration of new geographic markets, the insights presented in this report simplify the effective marketing of products and services.
Asia-Pacific Plastic Recycling Market Analysis and Size
The Asia-Pacific Plastic Recycling Market is projected to grow at around 6.4% CAGR during the forecast period, i.e., 2021-26.
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Some of the major players operating in the Asia-Pacific Plastic Recycling Market are Alpek Polyester, Centriforce Products Limited, Clean Tech UK Ltd, DS Smith, Euresi Plastics SL, EF PLASTICS UK LIMITED, Far Eastern New Century Corporation (Phoenix Technologies), Foss Performance Materials, Indorama Ventures Public Company Limited, JFC Group, Krones AG, Kuusakoski, Lotte Chemical Corporation, MBA Polymers Inc., Mumford Industries, Petco. Co. za, Pistoni Srl, Placon, PolyClean Technologies, PolyQuest, Reliance Industries Limited, REPRO-PET, Teijin Limited, UltrePET LLC, Verdeco Recycling Inc.
Asia-Pacific Plastic Recycling Market Growth Driver:
With the increasing awareness regarding environmental sustainability, different countries in the Asia-Pacific region are actively taking initiatives toward plastic recycling & waste management to encourage suitable disposal practices for plastic & recycling it into new products. This aspect is likely to act as a prominent driver for the Asia-Pacific Plastic Recycling Market during the forecast period.
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Market Segment and Geographical Analysis
By Type
- Polyethylene (PE)
- High Density Polyethylene (HDPE)
- Low Density Polyethylene (LDPE)
- Polyethylene Terephthalate (PET)
- Polypropylene (PP)
- Polyvinyl Chloride (PVC)
- Polystyrene
- Others
By Source
- Plastic Bottles
- Plastic Films
- Polymer Foam
- Others
By End User
- Packaging
- Building and Construction
- Industrial Yarn
- Automotive
- Electrical and Electronics
- Other End-user Industries
By Application
- Building & Construction
- Packaging
- Electrical & Electronics
- Textiles
- Automotive
- Others
By Process
- Mechanical
- Chemical
By Region
- Asia Pacific
- India
- China
- Indonesia
- Philippines
- Vietnam
- Thailand
- Rest of Asia Pacific
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