North America Plastic Recycling Market Reaching Nearly USD 7.7 Billion By 2028
Posted by rahul nikade on November 24th, 2022
North America Plastic Recycling Industry Overview
The North America plastic recycling market size is expected to reach USD 7.7 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 13.1% from 2021 to 2028. Recycled plastic packaging provides an environment-friendly solution compared to virgin plastic. The growing use of recycled plastics in packaging is expected to fuel the demand for plastic recycling in the region. The packaged food industry in North America has grown tremendously in recent years.
North America Plastic Recycling Market Segmentation
Grand View Research has segmented the North America plastic recycling market on the basis of basis of product, process, end-use, and country:
Based on the Product Insights, the market is segmented into Polyethylene, Polyethylene Terephthalate, Polypropylene, Polyvinyl Chloride, Polystyrene, Others.
Based on the Process Insights, the market is segmented into Chemical, Mechanical.
Based on the End-use Insights, the market is segmented into Building & Construction, Packaging, Electrical & Electronics, Textiles, Automotive, Others.
North America Plastic Recycling Outlook
Key Companies Profile & Market Share Insights
The market is highly characterized by the expansion and joint venture strategies opted by plastic recycling companies across the region. In addition, major players in the market compete based on their application development capabilities and emerging technologies used in plastic recycling.
Some prominent players in the North America plastic recycling market include
Order a free sample PDF of the North America Plastic Recycling Market Intelligence Study, published by Grand View Research.
About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
Corporate Sales Specialist, USA
Grand View Research, Inc.
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About the Authorrahul nikade
Joined: July 20th, 2022
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