Europe Recycled Plastics Market Research Report and Forecast 2022-2027
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Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group
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Report Description
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Report Description and Highlights
Report Description
Europe Recycled Plastics Market Outlook 2027: According to the latest report by IMARC Group, titled " Europe Recycled Plastics Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 20222027 ," the Europe recycled plastics market reached a volume of 11.14 Million Tons in 2021. Plastic recycling refers to the procedure of recovering and reprocessing scrap plastic materials into value-added products. Some of the common types of plastics include polyethylene terephthalate (PET), high-density polyethylene (HDPE), low-density polyethylene (LDPE), and polypropylene (PP). The generated waste goes through five stages, namely sorting, washing, shredding, identification, and classification, and extruding. Products manufactured through this process are biodegradable and environment friendly, thereby aiding in reducing landfill dependence, conserving resources, lowering plastic pollution, and preventing greenhouse gas (GHG) emissions. Request for a free sample: https://www.imarcgroup.com/europe-recycled-plastics-market/requestsample
Report Description and Highlights
Report Description
Europe Recycled Plastics Market Trends: The growing environmental consciousness, rising concerns toward energy consumption, and increasing awareness regarding the harmful effects of plastic waste are majorly driving the Europe recycled plastic market growth. In line with this, the increasing usage of plastic in various end-use industries, such as packaging, automotive, food and beverage (F&B), and electronics, is further facilitating the product demand across the region. Additionally, the European Commission is introducing numerous recycling programs and implementing favorable policies for controlling waste production, encouraging reuse and recycling of scrap plastic and sustainable plastic disposable solutions while promoting effective waste management. This, in turn, is acting as another major growth-inducing factor. Besides this, continuous investments in research and development (R&D) activities, along with rapid technological advancements, such as the adoption of artificial intelligence (AI), to effectively sort plastic waste and enhance the quality performance of recycled plastic products, are positively influencing the market growth.
Report Description and Highlights Report Description Market Summary: Breakup by Source: • Plastic Bottles • Plastic Films • Rigid Plastics and Foams • Fibres Breakup by Plastic Type: • Polyethylene Terephthalate (PET) • High Density Polyethylene (HDPE) • Polypropylene (PP) • Low Density Polyethylene (LDPE) Breakup by Application: • Packaging • Electrical and Electronics • Automotive • Agriculture • Construction and Demolition
Report Description and Highlights Report Description Breakup by Region: • Germany • UK • Italy • France • Spain Looking forward, IMARC Group expects the market to reach 15.7 Million Tons by 2027, exhibiting at a CAGR of 5.5% during 2022-2027.
Report Description and Highlights Report Description Competitive Landscape With Key players: • Müller-Guttenbrunn Group • MBA Polymers, Inc • Paprec Group • Morssinkhof Rymoplast View Report TOC, Figures and Tables: https://www.imarcgroup.com/europe-recycled-plastics-market
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Report Description and Highlights
Report Description
© 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.
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