Rigid Recycled Plastic Market

Among the various end-user industries of recycled plastics market, the growth of the packaging industry is expected to be significant.

OREGON, PORTLAND, UNITED STATES, September 30, 2022 /EINPresswire.com/ -- North America is expected to lead the rigid recycled plastic market, owing to surge in demand for recycled plastics in the U.S. and Canada, followed by Europe and Asia-Pacific.

Among the various end-user industries of recycled plastics market, the growth of the packaging industry is expected to be significant. This is attributed to the fact that technological advancements such as green manufacturing process have made recycled plastics suitable for food applications, which resulted in increase in their usage in food & beverage packaging. Moreover, the automotive industry has increased the usage of recycled plastics in the manufacture of various parts and components. Furthermore, the electrical & electronics industry has been witnessing surge in usage of recycled plastics for making tablets, laptops, and mobile phones.

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The report presents in-depth insights into each of the leading rigid recycled plastic market end user verticals along with annual forecasts to 2029. The report provides revenue forecast with sales, and sales growth rate of the global rigid recycled plastic market. The forecasts are also provided with respect to the product, application, and regional segments of the market. The forecasts are issued to understand the future outlook and prospects of the industry.

The market is evaluated based on its regional penetration, explaining the performance of the market in each regional market covering provinces such as North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Top 10 leading companies in the global rigid recycled plastic market are analyzed in the report along with their business overview, operations, financial analysis, SWOT profile and products and services. The key players operating in the global rigid recycled plastic industry include KW Plastics, Green Line Polymers, B. Schoenberg & Co., Evolve Polymers Ltd.

Latest news and industry developments in terms of market expansions, acquisitions, growth strategies, joint ventures and collaborations, product launches, market expansions etc. are included in the report.

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Key Benefits

• The report provides a qualitative and quantitative analysis of the current rigid recycled plastic market trends, forecasts, and market size from 2022 to 2029 to determine the prevailing opportunities.
• Porter’s Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make strategic business decisions and determine the level of competition in the industry.
• Top impacting factors & major investment pockets are highlighted in the research.
• The major countries in each region are analyzed and their revenue contribution is mentioned.
• The market report also provides an understanding of the current position of the market players active in the rigid recycled plastic industry.

Highlights of the Report

- Competitive landscape of the rigid recycled plastic market.
- Revenue generated by each segment of the rigid recycled plastic market by 2029.
- Factors expected to drive and create new opportunities in the rigid recycled plastic industry.
- Strategies to gain sustainable growth of the market.
- Region that would create lucrative business opportunities during the forecast period.
- Top impacting factors of the rigid recycled plastic market.

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