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Advanced Plastics Recycling Trends and Forecast
The future of the global advanced plastics recycling market looks promising with opportunities in the environmental industry and packaging industry. The global advanced plastics recycling market is expected to grow with a CAGR of 12.6% from 2024 to 2030. The major drivers for this market are governments enforce strict laws and programs to reduce plastic litter and encourage environmentally friendly behaviors, growing knowledge and concern about how plastic trash affects ecosystems on a global scale, as well as, increasing public and commercial sector investment in the study and creation of cutting-edge recycling technologies.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Advanced Plastics Recycling by Segment
The study includes a forecast for the global advanced plastics recycling by type, application, and region.
Advanced Plastics Recycling Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Pyrolysis
• Gasification
• Depolymerisation
• Others
Advanced Plastics Recycling Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Environmental Industry
• Packaging Industry
• Others
Advanced Plastics Recycling Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Advanced Plastics Recycling Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies advanced plastics recycling companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the advanced plastics recycling companies profiled in this report include-
• Agilyx
• APK
• Aquafil
• Carbios
• Eastman
• Extrathive
• Fych Technologies
• Garbo
• Ioniqa
• Itero
Advanced Plastics Recycling Market Insights
Lucintel forecasts that depolymerisation is expected to witness highest growth over the forecast period because it produces high-quality recycled plastics that are virtually identical to virgin plastics in terms of properties and performance.
APAC is expected to witness highest growth over the forecast period due to rapid urbanization and industrialization, leading to a surge in plastic waste generation, and it creates a strong demand for advanced plastics recycling technologies to manage plastic waste effectively.
Features of the Global Advanced Plastics Recycling Market
Market Size Estimates: Advanced plastics recycling market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Advanced plastics recycling market size by type, application, and region in terms of value ($B).
Regional Analysis: Advanced plastics recycling market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, application, and regions for the advanced plastics recycling market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the advanced plastics recycling market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for advanced plastics recycling market?
Answer: The global advanced plastics recycling market is expected to grow with a CAGR of 12.6% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the advanced plastics recycling market?
Answer: The major drivers for this market are governments enforce strict laws and programs to reduce plastic litter and encourage environmentally friendly behaviors, growing knowledge and concern about how plastic trash affects ecosystems on a global scale, as well as, increasing public and commercial sector investment in the study and creation of cutting-edge recycling technologies.
Q3. What are the major segments for advanced plastics recycling market?
Answer: The future of the global advanced plastics recycling market looks promising with opportunities in the environmental industry and packaging industry.
Q4. Who are the key advanced plastics recycling market companies?
Answer: Some of the key advanced plastics recycling companies are as follows:
• Agilyx
• APK
• Aquafil
• Carbios
• Eastman
• Extrathive
• Fych Technologies
• Garbo
• Ioniqa
• Itero
Q5. Which advanced plastics recycling market segment will be the largest in future?
Answer: Lucintel forecasts that depolymerisation is expected to witness highest growth over the forecast period because it produces high-quality recycled plastics that are virtually identical to virgin plastics in terms of properties and performance.
Q6. In advanced plastics recycling market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to rapid urbanization and industrialization, leading to a surge in plastic waste generation, and it creates a strong demand for advanced plastics recycling technologies to manage plastic waste effectively.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the advanced plastics recycling market by type (pyrolysis, gasification, depolymerisation, and others), application (environmental industry, packaging industry, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Advanced Plastics Recycling Market, Advanced Plastics Recycling Market Size, Advanced Plastics Recycling Market Growth, Advanced Plastics Recycling Market Analysis, Advanced Plastics Recycling Market Report, Advanced Plastics Recycling Market Share, Advanced Plastics Recycling Market Trends, Advanced Plastics Recycling Market Forecast, Advanced Plastics Recycling Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Advanced Plastics Recycling Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Advanced Plastics Recycling Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Advanced Plastics Recycling Market by Type
3.3.1: Pyrolysis
3.3.2: Gasification
3.3.3: Depolymerisation
3.3.4: Others
3.4: Global Advanced Plastics Recycling Market by Application
3.4.1: Environmental Industry
3.4.2: Packaging Industry
3.4.3: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Advanced Plastics Recycling Market by Region
4.2: North American Advanced Plastics Recycling Market
4.2.2: North American Advanced Plastics Recycling Market by Application: Environmental Industry, Packaging Industry, and Others
4.3: European Advanced Plastics Recycling Market
4.3.1: European Advanced Plastics Recycling Market by Type: Pyrolysis, Gasification, Depolymerisation, and Others
4.3.2: European Advanced Plastics Recycling Market by Application: Environmental Industry, Packaging Industry, and Others
4.4: APAC Advanced Plastics Recycling Market
4.4.1: APAC Advanced Plastics Recycling Market by Type: Pyrolysis, Gasification, Depolymerisation, and Others
4.4.2: APAC Advanced Plastics Recycling Market by Application: Environmental Industry, Packaging Industry, and Others
4.5: ROW Advanced Plastics Recycling Market
4.5.1: ROW Advanced Plastics Recycling Market by Type: Pyrolysis, Gasification, Depolymerisation, and Others
4.5.2: ROW Advanced Plastics Recycling Market by Application: Environmental Industry, Packaging Industry, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Advanced Plastics Recycling Market by Type
6.1.2: Growth Opportunities for the Global Advanced Plastics Recycling Market by Application
6.1.3: Growth Opportunities for the Global Advanced Plastics Recycling Market by Region
6.2: Emerging Trends in the Global Advanced Plastics Recycling Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Advanced Plastics Recycling Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Advanced Plastics Recycling Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Agilyx
7.2: APK
7.3: Aquafil
7.4: Carbios
7.5: Eastman
7.6: Extrathive
7.7: Fych Technologies
7.8: Garbo
7.9: Ioniqa
7.10: Itero
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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