Recycled Plastic Market is Blooming |
Posted by Sujeet Nakade on February 14th, 2020
Recycled Plastic Market Size, Top Companies, Industry Share, Clinical Review, Technological Trends and Investment plans, Growth Factors, Product Types, Applications, Revenue Strategy. The study highlights detailed assessment of the Market and display market sizing trend by revenue & volume (if applicable), current growth factors, facts, expert opinions and industry validated market development data. The renowned players in STANLEY Healthcare , Savi Technology , Sonitor Technologies, TeleTracking Technologies, Inc., CenTrak, DECAWAVE, Ubisense, AeroScout International, PINC Solutions, SKYTRON, Motorola Solutions, Inc. Zebra Technologies Corporation, Versus Technology, Inc., Awarepoint Corporation, Cerner Corp., GE Healthcare, STATSports Technologies, AiRISTA Flow, Alien Technology, Aruba Networks, Identec Group and many more.
Global recycled plastic market is expected to register a substantial CAGR of 9.8% in the forecast period of 2019 -2026.
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Market By Type (Polyethylene Terephthalate, Polyethylene, Polypropylene, Polyvinyl Chloride, Polystyrene, Others), Source (Bottles, Bags, Films, Fibers, Foams, Others), Industry (Packaging, Building & Construction, Textile, Automotive, Electrical & Electronics, Household Goods, Agriculture, Healthcare, Others)
The recycling process of plastics refers to the recovering of waste or scrap left out of plastic products and reprocessing it back into useful products. Since, plastic material is non-biodegradable, so it is recycled to reduce the harmful effects caused due to dumping of plastic products in the soil. The process of recycling goes through six major steps, collection, sorting, shredding, cleaning, melting and making of pellets. The dumped waste plastic is collected by waste collectors and brought to the sorting facilities for further processing where, the plastic products are segregated on the basis of their color and the content of resin in them. The differentiated plastics go through the shredder where products are grinded and cut into small pieces so that they can easily be cleaned and made into pellets for further manufacturing of products.
In June 2019, Veolia announces the launch of a new tool for the energy, water, & waste sectors. This new tool will help to achieve a low carbon future and will be beneficial for environment and is cost friendly
In February 2018, Envision Plastics announced the launch of a bottle which uses their Ocean Bound plastic at 100 percent content and as the sole colorant carrier. Through this, the company will be able to expand its product portfolio in the market
In January 2015, Jayplas launched a new plastic film packaging division. The main aim for this launch is to provide a closed-loop solution and ensure that plastic is recycled in the U.K. instead any other region
Table of Contents:-
In order to better analyze value chain/ supply chain of the Industry, a lot of attention given to backward & forward Integration
– Recycled Plastic Manufacturers
– Recycled Plastic Distributors/Traders/Wholesalers
– Recycled Plastic Sub-component Manufacturers
– Industry Association
– Downstream Vendors
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About the AuthorSujeet Nakade
Joined: September 25th, 2019
Articles Posted: 332
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