Plastic Bottle Recycling Market Research Report - Forecast to 2022

Plastic Bottle Recycling Market Market Research Report By Forecast To 2022

Industry Survey, Growth, Competitive Landscape and Forecasts to 2022

PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.)

Plastic Bottle Recycling Market Market Research Report - Forecast to 2022

Global Plastic Bottle Recycling Market, By Material (PET, PP, HDPE, PVC, LDPE, and others), By Application (Food & Beverages, Personal Care, Pharmaceutical, Consumer goods, and others) - Forecast 2016-2022 Recycling of plastic bottles have become a major market altogether and is carried out on a large scale. It increases the reuse of plastic material. Recycling helps to reduce pollution levels by converting them into lower grade plastic. This provides opportunities to reduce carbon dioxide emissions and the quantities of waste. Moreover, advance technologies and systems for the collection, sorting and reprocessing of recyclable plastics are creating new opportunities for recycling market.

Energy conservation, reduced greenhouse gas emissions and reduced pollution are expected to boost the market for plastic bottle recycling. Moreover, government initiatives towards recycling of plastic bottles and increased awareness among people are driving the plastic bottle recycling market. However, high operational costs hamper the growth of the market significantly. The global plastic bottle recycling market is expected to show staggering growth during the forecast period.

Target Audience • Manufactures

• Raw Materials Suppliers • Aftermarket suppliers • Research Institute • Potential Investors

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Plastic Bottle Recycling Market Market Research Report - Forecast to 2022 Segmentation

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Plastic Bottle Recycling Market Market Research Report - Forecast to 2022 Regional Analysis of Global Plastic Bottle Recycling Market

Global plastic bottle recycling market is growing rapidly owing to factors such as growing prospects for recycled product, and growing environmental concerns among others. Currently North America is dominating the market of recycling market of plastic bottles. Food & beverages industry leads the market in the developed region like U.S. and helps to boost the market of bottle recycling. Additionally, recycled bottles are gaining popularity across the end user industries and the governments are also adopting new measures for recycling.

Key Players

The key players of global plastic bottle recycling market report include- Advanced Environmental Recycling Technologies, Avangard Innovative, Phoenix Technologies International, UltrePET, CarbonLITE, Complete Recycling, ECO2 Plastics, Evergreen Plastics, National Recycling Technologies, Recycle Clear, Worldwide Recycler Services, among others.

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Plastic Bottle Recycling Market Market Research Report - Forecast to 2022 Market Size of Plastic Bottle Recycling Market by Regions (USD Billion)

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Plastic Bottle Recycling Market Market Research Report - Forecast to 2022 Industry News

In September 2016, Unifi, Inc. has celebrated the opening its REPREVE Bottle Processing Center as part of its new Plastics Recycling Facility. The plant, which features bottle sorting and processing equipment at its front end, will allow the firm to produce its REPREVE fibre from recycled PET bottles.

In July 2016, Veolia UK, a subsidiary of France-based Veolia, has acquired a plastics reprocessing plant near London that will unlock the complete supply chain for manufacturing plastic bottles from recycled material.

In July 2017, plastic recycling firm, Vanden Recycling, has opened a new plastic processing facility in Whittlesey, Cambridgeshire a part of its UK expansion plans. The new facility has been equipped with shredding, granulation and baling equipment and has a front-end material inspection and preparation area. The plant also has the flexibility to handle multiple plastic streams such as ABS, HDPE, LDPE, PC, PET, PMMA, PP PS and PVC and to quickly alternate plant set up between different customer requirements.

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