Skip to main content

Americas Recycled Plastics Market Size to Hit USD 6,330.0 Mn by 2027; Promising Innovations in Plastic Recycling Technologies to Favor Market Growth, Says Fortune Business Insights™

Written by Customer Service on . Posted in Mergers And Acquisitions.

Pune, Aug. 05, 2020 (GLOBE NEWSWIRE) — The Americas recycled plastics market size is projected to reach USD 6,330.0 million by 2027, exhibiting a CAGR of 7.2% during the forecast period. High plastic waste generation in the United States and Brazil will be the central factor fueling this market in the coming years, states Fortune Business Insights™ in its report, titled “Americas Recycled Plastics Market Size, Share & COVID-19 Impact Analysis, By Type (Polyethylene Terephthalate, High-Density Polyethylene, Polypropylene, Low-Density Polyethylene, and Others), Application (Packaging [Non-Food Packaging and Food Packaging], Construction, Automotive, and Others), and Country Forecast, 2020-2027”. According to the International Solid Waste Association (ISWA), the US releases approximately 88-242 million pounds of plastic per year. Moreover, the annual International Coastal Cleanup found 3.7 million tons of trash on the US coasts in 2017, majority of which was plastic. Brazil, on the other hand, generates over 11 million tons of plastic every year, but recycles only 1.28% of it, as per the findings of a World Wide Fund (WWF) report published in 2019. More than 7 million tons of plastic waste in Brazil goes in landfills, the report further notes. With two of the largest economies of the Americas producing massive amounts of plastic waste every year, the opportunities for companies in plastic recycling are extensive, boding well for the Americas recycled plastics market growth.
Browse Summary of this Research Report with Detailed Table of Content: https://www.fortunebusinessinsights.com/americas-recycled-plastics-market-103363

The exponential spread of COVID-19 has brought the world to its knees. Industrial growth has stalled, which has directly affected businesses of all sizes. Governments are making frantic efforts to salvage the situation, but uncertainty still looms large over the business world. However, humans have boundless resilience and this crisis too shall pass. At Fortune Business Insights™, we are continuously working to provide businesses with comprehensive market intelligence to help them steer themselves out of these hard times. Our expert research is dedicated to equip your business with the necessary tools to emerge victorious once this crisis abates.The report states that the global market value stood at USD 3,834.8 million in 2019 and provides the following information:In-depth examination of the factors driving and restraining the market;Detailed insights into the different market segments;Exhaustive analysis of the regional prospects influencing the market; andComprehensive evaluation of the key market players and their strategies.
Get Sample PDF Brochure with “Short-Term and Long-Term Impact of COVID-19” on americas recycled plastics industry:Please Visit:https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/americas-recycled-plastics-market-103363    

Market DriverDevelopment of Innovative Recycling Technologies to Boost Market GrowthPlastic recycling is a time-consuming, resource-heavy process. However, extensive research into plastic recycling in Americas, especially in the US and Canada, is showing potential in making this process more economically viable and convenient. For instance, Cornell University in the US has a developed a technique which involves adding a layer of tetra-block copolymer between laminated sheets of polypropylene and polyethylene, creating a tough plastic that will be easier to recycle. Another notable innovation was achieved in 2017, when two Denver-based companies, Alpine Waste & Recycling and AMP Robotics, developed “Clarke”, a robot powered by Artificial Intelligence (AI). Clarke is embedded with algorithms that enable it to identify packaging details of products and isolate them for recycling. The companies hope that the robot will reduce the plastic waste going into landfills in the US. The Americas recycled plastics market stands to gain from such technological advancements.Regional InsightsMassive Demand for Packaged Goods to Propel the Market in the USThe US recycled plastics market size stood at USD 1,862.2 million in 2019 backed by a robust demand for packaged goods in the country. Furthermore, companies such as Coca-Cola and Pepsi are extensively utilizing recycled PET for packaging their staple beverages, which is augmenting the demand for recycled plastics in the country. In Canada, the federal government is aggressively pushing its agenda to eliminate single-use plastic products by 2021, thereby fueling the adoption of recycled plastic materials across the country.Similar to Canada’s goals regarding single-use plastics, Latin American countries such as Colombia and Chile are steadily lowering their dependence on single-use plastics. Chile, in fact, is the first Latin American country to sign the Plastics Pact, which is an initiative to reduce plastic pollution around the world. These measures are allowing countries in the region to fasten their hold on the Americas recycled plastics market share.
Competitive LandscapeLong-Term Partnerships by Key Players to Fire up CompetitionKey companies in this market are entering into collaborations with diverse entities to expand their operational horizons and widen their offerings to end-users. In the process, these participants are cementing their place in this niche market and enhancing its potential.Industry Developments:September 2019: The UK-based consumer goods company, Reckitt Benckiser (RB) Group, announced the formation of the “Healthy You, Healthy Planet” partnership with TerraCycle, the pioneer in waste recycling. Under the partnership, the two companies will offer simple and cost-effective solutions to clients to recycle plastic waste created by consumer goods packaging.March 2019: Veolia and Nestle joined forces to cover all aspects of plastic waste management with focus on flexible plastic packaging in 11 priority areas across Europe, Latin America, Asia, and Africa. Their goal is to attain 35% recycled plastic content in bottles and 15% in all packaged products by 2025.List of the Leading Companies Operating in the Americas Recycled Plastics Market are:Biocirculo (Colombia)
Veolia (France)
Avangard Innovative (United States)
Ultra Poly Corporation (United States)
Fresh Pak Corporation (United States)
Suez Group (France)
Custom Polymers, Inc. (United States)
UltrePET LLC (United States)
Delta Plastics (United States)
Clear Path Recycling, LLC (United States)
Green Line Polymers (United States)
B. Schöenberg & Co. (United States)
Plastipak Holdings (United States)
IntroductionResearch ScopeMarket SegmentationResearch MethodologyDefinitions and AssumptionsExecutive SummaryMarket DynamicsMarket DriversMarket RestraintsMarket OpportunitiesKey InsightsKey Emerging Trends – For Major CountriesKey Developments: Acquisition, Partnership, Expansion etc.Plastic Recycling ProcessInsights on Regulatory ScenarioPorters Five Forces AnalysisAmericas Recycled Plastics Market Analysis, Insights and Forecast, 2016-2027Key Findings / SummaryAmericasMarket Size Estimates and Forecast – By Type (Value & Volume)Polyethylene Terephthalate (PET)High-Density Polyethylene (HDPE)Polypropylene (PP)Low-Density Polyethylene (LDPE)OthersAmericas Market Size Estimates and Forecast – By Application (Value & Volume)PackagingNon-Food PackagingPackagingConstructionAutomotiveOthersAmericas Market Size Estimates and Forecast – By Country (Value & Volume)U.S.By TypePolyethylene Terephthalate (PET) High-Density Polyethylene (HDPE) Polypropylene (PP) Low-Density Polyethylene (LDPE) OthersBy ApplicationPackagingNon-Food PackagingPackaging Construction Automotive OthersCanadaBy TypePolyethylene Terephthalate (PET) High-Density Polyethylene (HDPE) Polypropylene (PP) Low-Density Polyethylene (LDPE) OthersBy ApplicationPackagingNon-Food PackagingPackaging Construction Automotive OthersBrazilBy TypePolyethylene Terephthalate (PET) High-Density Polyethylene (HDPE) Polypropylene (PP) Low-Density Polyethylene (LDPE) OthersBy ApplicationPackagingNon-Food PackagingPackaging Construction Automotive OthersColombiaBy TypePolyethylene Terephthalate (PET) High-Density Polyethylene (HDPE) Polypropylene (PP) Low-Density Polyethylene (LDPE) OthersBy ApplicationPackagingNon-Food PackagingPackaging Construction Automotive OthersChileBy TypePolyethylene Terephthalate (PET) High-Density Polyethylene (HDPE) Polypropylene (PP) Low-Density Polyethylene (LDPE) OthersBy ApplicationPackagingNon-Food PackagingPackaging Construction Automotive OthersPeruBy TypePolyethylene Terephthalate (PET) High-Density Polyethylene (HDPE) Polypropylene (PP) Low-Density Polyethylene (LDPE) OthersBy ApplicationPackagingNon-Food PackagingPackaging Construction Automotive OthersRest of AmericasBy TypePolyethylene Terephthalate (PET) High-Density Polyethylene (HDPE) Polypropylene (PP) Low-Density Polyethylene (LDPE) OthersBy ApplicationPackagingNon-Food PackagingPackagingConstructionAutomotive OthersTOC Continued…!!!

Get your Customized Research Report: https://www.fortunebusinessinsights.com/enquiry/customization/americas-recycled-plastics-market-103363
Methyl Methacrylate Market Size, Share & COVID-19 Impact Analysis, By Application (Chemical Intermediate, Surface Coatings, Emulsion Polymer), By End-Use (Building & Construction, Automotive, Electronics, Paints & Coatings, and Others), and Regional Forecast, 2020-2027Agricultural Films Market Size, Share & Industry Analysis, By Raw Material (Low-Density Polyethylene, Linear Low-Density Polyethylene, High-Density Polyethylene, Ethyl Vinyl Acetate/Ethyl Butyl Acrylate, Reclaims, and Other), By Application (Greenhouse, Mulching, and Silage), and Regional Forecast, 2019-2026Plastic Containers Market Size, Share & Industry Analysis, By Material (PET, PP, HDPE, LDPE, and Others), By Container Type (Bottle & Jars, Pails, Tubs, Cups & Bowls, and Others), By End-Use (Beverages, Food, Pharmaceuticals & Cosmetics, FMCG, and Others), and Regional Forecast, 2019-2026Recycled Plastic Market Size, Share & Industry Analysis, By Type (Polyethylene Terephthalate, High-density Polyethylene, Polypropylene, Low-density Polyethylene, and Others), By Application (Non-Food Packaging, Food Packaging, Construction, Automotive, and Others), and Regional Forecast, 2019-2026
About Us:                      Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.Contact Us:Fortune Business Insights™ Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune – 411045, Maharashtra, India.Phone:
US :+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245
Email: sales@fortunebusinessinsights.com
Fortune Business Insights™
LinkedIn | Twitter | Blogs
Read Press Release:https://www.fortunebusinessinsights.com/press-release/americas-recycled-plastics-market-10140

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.