Plastic Recycling Market to Surpass $ 110 Billion by 2025 - Industry Statistics
According to TechSci Research report, “ Global Plastic Recycling Market By Type, By Source, By Method, By End-User, By Company, By Region, Competition, Forecast & Opportunities, 2025 ” , the global plastic recycling market is expected to grow at a steady CAGR during the forecast period and surpass $ 110 billion by 2025. Growing environmental concerns and rising adoption of recycled products are fueling demand for plastic recycling, globally. Polyethylene segment has the largest share in the global plastic recycling market due to its major use in packaging industry. Growth in packaging industry on account of rising technological advancements in food and beverage industry is expected to boost plastic recycling market in the coming years. Other sectors which are the major end users of recycled plastics include construction, automotive, textiles and electrical and electronics. Browse 161 market data Figures and Tables spread through 230 Pages and an in-depth T...