PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1449557
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1449557
Europe Plastic Recycling Market Introduction and Overview
According to SPER market research, 'Europe Plastic Recycling Market Size- By Source, By Polymer Type, By Industry - Regional Outlook, Competitive Strategies and Segment Forecast to 2033' state that the Europe Plastic Recycling Market is predicted to reach with a CAGR of 4.8%.
Recycled plastic is made from used plastic that has gone through a number of recycling procedures to produce new goods. Different forms of plastic separate during melting, much like water and oil. Reusing techniques for recycling include heat compression and reverse polymerization of monomers. Due to the environmental issues posed by excessive plastic waste, recycling is essential for both industrial balance and sustainability in Europe, a major manufacturer of plastics.
The COVID-19 epidemic affected the European market for recycled plastics in both positive and negative ways. Positively, the epidemic raised consumer awareness of environmental effects of plastic waste and sustainability, which in turn raised demand for recycled plastic-based sustainable products. On the other hand, supply chain interruptions, a decline in production, and unstable economic conditions had a detrimental effect on the recycling sector.
Scope of the Report:
Report Metric Details
Market size available for years 2020-2033
Base year considered 2023
Forecast period 2024-2033
Segments covered By Source, By Polymer Type, By Industry
Regions covered Germany, France, the U.K., Spain, Italy, Netherlands, Russia, Turkey, Belgium, Switzerland, Rest of Europe
Companies Covered Borealis AG, Dow, Far Eastern New Century Corporation, Indorama Ventures Public Company Limited, Jayplas, Lyondell Basell Industries Holdings B.V., MBA Polymers Inc, Recycled Plastics UK, Repsol, Veolia, Others
Europe Recycled Plastics Market Key Segments Covered
By Source: Based on the Source, Europe Plastic Recycling Market is segmented as; Bottles, Films, Fibers, Foams, Others.
By Polymer Type: Based on the Polymer Type, Europe Plastic Recycling Market is segmented as; Polyethylene Terephthalate (PET), High-Density Polyethylene (HDPE), Low-Density Polyethylene (LDPE), Polypropylene (PP), Polyvinyl Chloride (PVC), Polystyrene (PS), Polyurethane (PUR) and Others.
By Industry: Based on the Industry, Europe Plastic Recycling Market is segmented as; Packaging, Building and Construction, Automotive, Electrical and Electronics, Furniture, Textile and Clothing, Aerospace and Defence and Others.