R-PE (Recycled-Polyethylene) Market Size – USD 12.08 Billion in 2018, CAGR of 7.1%, Recycled-Polyethylene Trends – Growing awareness regarding energy saving.

NEW YORK CITY, NEW YORK, UNITED STATES, March 4, 2020 /EINPresswire.com/ -- The global R-PE (Recycled- Polyethylene) market is forecast to reach USD 22.45 Billion by 2027, according to a new report by Reports and Data. Recycling of plastic is defined as a collection of waste plastic scraps that can be recyclable, processing it with different technologies, and then treating it with additives and chemicals to produce a newer plastic. The enhanced quality of recycled plastic products over their virgin counterparts and strict government regulations are the primary drivers of the recycled polyethylene market.

Request free sample of this research report at: https://www.reportsanddata.com/sample-enquiry-form/2528

The amount of polyethylene used in plastic bags has lowered by 70% in the last two decades owing to the emergence of biodegradable materials and reusable canvas bags, but the majority of the bags are still produced from polyethylene. Moreover, there is a growing market for high-density polyethylene containers in India and China due to increased standards of living, and higher demand for HDPE cables and pipes due to rapidly growing industries. It is non-biodegradable in nature and often takes centuries to decompose, so it is imperative that these containers and bags are recycled and used repetitively.

The demand for recycled polyethylene in U.S. is expected to grow due to the gains derived by a number of factors, such as growing emphasis on sustainability among consumer product manufacturers and packaging, developments in processing, and sorting technologies that allow a wide variety of polyethylene to be recycled into high-quality resins and an improved collection infrastructure which raises the polyethylene recycling rate.

Further key findings from the report suggest

• High-density Polyethylene (HDPE) is accepted in most of the recycling centers in the world, as it is one of the easiest plastic polymers to recycle. Recycling HDPE has many benefits, such as it is more cost-efficient to produce a product from recycled HDPE than it is to manufacture from ‘virgin’ plastic. Recycled HDPE can be used to manufacture many products, such as rope, toys piping, and trash cans, among others.
• Bottles will be the leading source of plastic for recycling throughout the forecast period. The well-established collection infrastructure system, including laws to deposit bottles in several states, makes it one of the most commonly recycled plastic products.
• Chemical or feedstock recycling involves converting waste plastic into monomer starting materials or other raw materials by changing the chemical structure of the polymer. This can be achieved by cracking, gasification, or depolymerization processes but excludes energy recovery or incineration.
• Packaging is used extensively across various industries, including food and beverages, agrochemicals, pharmaceutical, household chemicals, cosmetics, and sports, among others. Recycling can help reduce the waste produced due to packaging materials. Due to the rise in plastic waste caused by packaging, market players are focusing on biodegradable and recyclable packaging material.
• APAC is the largest producer of polyethylene and is also a prominent region for recycled polyethylene. Countries such as China, India, Indonesia, and Japan are the key contributors in the region.
• Key participants include Suez, Jayplas, B&B Plastics, Green Line Polymers, Veolia, KW Plastics, Plastipak Holdings, Clear Path Recycling, Custom Polymers, and B. Schoenberg & Co., among others.

Order Your Copy Now: https://www.reportsanddata.com/checkout-form/2528

Segments covered in the report:

Material Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027)

• High-density Polyethylene
• Medium-density Polyethylene
• Low-density Polyethylene
• Others

Method Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027)

• Chemical Recycling
• Biological Recycling
• Mechanical Recycling

Source Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027)

• Bottles
• Films
• Foams
• Fibers
• Others

End-User Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027)

• Packaging
• Automotive
• Textiles
• Constructions
• Electrical and Electronics

To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/r-pe-recycled-polyethylene-market

Regional Outlook

• North America
o U.S
o Canada
• Europe
o Germany
o France
o UK
o Spain
o Rest of Europe
• Asia Pacific
o China
o India
o Japan
o Rest of Asia-Pacific
• Middle East & Africa
• Latin America
o Brazil
o Rest of Latin America

About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.

Contact Us:
John Watson
Head of Business Development
Reports And Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com

John Watson
Reports and Data
+1 212-710-1370
email us here
Visit us on social media:
Facebook
Twitter
LinkedIn

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.