Saudi Arabia Plastic Recycling Market Opportunity and Forecast 2015-2030
Posted by arshiyashaikh on April 12th, 2021
Market Reports on Saudi Arabia Provides the Trending Market Research Report on “Saudi Arabia Plastic Recycling Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Distribution Channel, Regional Demand, 2015-2030” under Chemical category. The Saudi Arabia Plastic Recycling Market is projected to exhibit highest growth rate over report offers a collection of superior market research, market analysis, and competitive intelligence and industry reports.
Plastic recycling players in the country are accepting government regulations for municipal waste recycling such as food waste, textile, plastics, glass, metals, and other elements, and will be delivering new recycled low-cost products with different ranges, thereby expected to drive the Saudi Arabia Plastic Recycling Market. Recent years, government has taken various initiatives such as launching various plastic recycling centres in UAE, Saudi Arabia, Qatar, etc., which is a welcome development and big step towards sustainability. In 2018 SASO (Saudi Arabian Standards, Metrology and Quality Organization) introduced new regulatory requirements for plastics in country according to which, plastic products must be made of an approved oxo-biodegradable material.
In 2019, the National Waste Management Centre, Riyadh Municipality and Saudi Investment Recycling Company (SIRC), signed memorandum of understanding (MoU), to start integrated waste management and waste recycling activities in Riyadh. The goals include recycling of 81 percent of the solid waste at 3.4 million tons per annum, recycling 47 percent of construction waste at around 5million tons per annum and the removal and recycling of 20 million tons of construction and demolition waste lying in vacant plots and roadsides.
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Under this subscription you would be able to access Saudi Arabia Plastic Recycling market demand and supply analysis on a cloud-based platform for one year. The data is updated on near real time basis to add any new movement in the industry including but not limited to new plant announcement, plant shutdowns, temporary disruptions in demand or supply, news and deals and much more specific to Plastic Recycling.
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Joined: February 5th, 2019
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