This press release was orginally distributed by SBWire
Albany, NY — (SBWIRE) — 08/28/2018 — This report studies the global Plastic Recycling market status and forecast, categorizes the global Plastic Recycling market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America, and Middle East & Africa).
Recycled plastics are the plastics that made from post-consumer or post-industrial plastics instead of the virgin resin. The process of recycling used plastic from consumable products is an efficient means to reprocess the material into useful products. Many different products make great sources of recyclable material, including: soda bottles, plastic packaging, sheets and pellets. Recycled plastic is used to make many different types of products. The type of product that is made out of recycled plastic depends on the type of plastic resin. There are several different types of plastic resin used to make different products, such as PET, PP, HDPE and LDPE.
Recycled plastics can be used in various fields, like Packaging, Consumer Goods, Construction, Textile Fiber / Clothing, Landscaping / Street Furniture, etc. Textile fiber / clothing is the largest application of recycled plastics with market share of 30.81% in 2017, since nearly 80% of RPET is used to produce fiber.
Recycled plastics can be classified as PET, PP, HDPE, LDPE and others in terms of material type. HDPE and PET are the major kind of recycled plastics. The market of recycled plastic is highly separated, with China, USA and Europe as the major producing area.
The market of recycled plastic is highly fragmented with a tail of manufacturers. As the largest production area of recycled plastics, there are more than 3000 companies supply recycled plastics. The market concentration in developed areas is higher comparatively. Leading suppliers in the worldwide are Clear Path Recycling, Clean Tech Incorporated, Mohawk Industries Incorporated, CarbonLite Industries, Envision Plastics Industries, Advanced Environmental Recycling Technologies Incorporated, Greentech and Veolia Polymers, which takes a combined share of less than 5% in 2017.
The major manufacturers covered in this report
– Clear Path Recycling
– Clean Tech Incorporated
– Mohawk Industries Incorporated
– CarbonLite Industries
– Envision Plastics Industries
– Advanced Environmental Recycling Technologies Incorporated
– Evergreen Plastics
– Phoenix Technologies
– Verdeco Recycling
– Custom Polymers
– KW plastics
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
By Application, the market can be split into
– Packaging & Consumer Goods
– Textile fiber / clothing
– Landscaping/Street furniture
– Other Uses
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Source : digitaljournal.com