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Global Post-consumer Recycled Plastics Market by Type (Polyethylene, Polystyrene, Polypropylene), by Source (Non-bottle Rigid, Bottles) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

  • Report ID: CM-73168
  • Author: Up Market Research
  • Rating: 4.5
  • Total Reviews: 76
  • No. Of Pages: 202
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  • Pub. Date: 2021-10-21
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Summary of the Report

In 2019, the global post-consumer recycled polymers market was worth USD 7.76 billion. It is projected to grow at a compound annual rate (CAGR of 10.6%) between 2020 and 2027. The market is expected to grow due to an increase in plastic consumption in light-weight components. These lightweight components are used in many industries, including construction, automotive and food processing. Due to the increasing demand for packaging products in light of the COVID-19 pandemic, there has been an increase in online purchases of electronic and cosmetic products, personal care products, personal protective equipment, and personal hygiene products such as gloves and face masks. This is driving demand for recycled plastics from post-consumer packaging.

China's strict regulations regarding post-consumer plastic recycling are driving plastic recyclers to move to Southeast Asian countries like Malaysia and Indonesia. China accounts for a large share of the global plastic recycling market. The increasing purchasing power and disposable income of the Southeast Asian countries will drive demand for automotive, building, construction, and packaging over the forecast period. This is due to the ability to use material to replace metal and wooden parts. Market growth is also supported by the development of commercial, residential, and public infrastructure.

Over the forecast period, the growth of the construction industry in emerging countries like Brazil, China and India will drive demand for post-consumer plastics in the manufacture of components, including insulation, fixtures and safety products such as gloves, belts, and vests.

The growth of recycled plastic in personal protective equipment markets can be attributed to foreign investment in construction markets in the mentioned countries. This is due to the relaxation of FDI norms as well as requirements for redevelopment and improvement of industrial and public infrastructure.

Source Insights

The market leader in the bottle source segment was more than 70% of global revenue in 2019, and it accounted for over 70% of that total. The main source of post-consumer recycled plastic products is plastic bottles. Plastic bottles are used for many purposes in different industries, including the packaging of water and oils as well as pharmaceuticals and carbonated beverages. Placon, Maynard & Harris Plastics, Maynard & Harris Plastics, Placon, and SKS Bottle & Packaging, Inc. are just a few of the major post-consumer plastic bottle producers.

Non-bottle rigid sources include post-consumer poly foam and sheets. These are widely used in packaging. Expanded polystyrene, the most popular type of post-consumer plastic foam, is also available. Automotive and electronic manufacturers, including Panasonic Corporation, SONY Electronics Inc., Ltd., Hitachi, Ltd., and Honda Motor Company Ltd., are moving towards the adoption of post-consumer plastics foam instead of virgin plastics.

Type Insights

The market leader in polyethylene was more than 20% of global revenue in 2019, and it accounted for over 20.0% of that total. Polyethylene is known for its excellent resistance to chemicals such as solvents and alcohols. The main use of polyethylene is to make films, tubes and laminates. These components are used in a variety industries such as automotive, packaging, electronics and electrical.

Because of its outstanding chemical and mechanical properties, polypropylene is widely used in the manufacture of automotive components, packaging, labeling, medical devices and other laboratory equipment. It is highly resistant to many chemical solvents, bases, and acids and has exceptional mechanical strength. It is used for manufacturing plastic hinges, piping system, consumer goods and floor mats. Over the forecast period, the demand will rise for recycled polypropylene post-consumer.

The fastest-growing segment of the market is polystyrene. The rising demand for polyester can also be attributed at large to the demand for water tanks, enclosures, and containers in various industries such as construction, electrical, and electronics, and packaging. It is not biodegradable because it is resistant to photolysis. Additionally, the global warming caused by conventional polystyrene production is higher than that of carbon dioxide. These facts have provided the basis for various policies that aim to recycle post-consumer polystyrene in food packaging (takeaway containers).

The demand for recycled polystyrene post-consumer in packaging applications will rise significantly, especially in the developing countries of Africa and Asia Pacific. The automotive sector uses polystyrene for bumper cores and roof liners as well as sun visors, car seats, and sound deadening under the bonnet.

Regional Insights

Asia Pacific was the dominant market, accounting for more than 45% of global revenue in 2019. Due to the increasing demand for nonresidential construction projects such as schools, hospitals, and colleges over the forecast period, the construction industry in Asia Pacific will experience significant growth. This will lead to a rise in demand for personal protective equipment, such as safety vests and helmets, safety belts, etc., which will propel market growth.

Europe was the second largest regional market in 2019, after China. This market is driven by circular economy practices that reduce carbon footprints associated with plastic production. The region also has higher post-consumer plastic recycle.

Due to the growth of post-consumer plastic recycle industry, landfill bans have led to a slowing in European production growth. Because landfill taxes are high in certain European countries, sometimes dumping can be more costly than plastic recycling. This situation encourages the participation of the European population to collect and recycle post-consumer plastics.

North America is third in terms revenue. The growth of major end-use industries such as construction and electrical, along with packaging, is driving the market. Market growth is expected to be boosted by rising demand for packaged and processed foods and the growing construction industry in Canada, Mexico, and the U.S.

Market Share Insights & Key Companies

There are many small-sized and medium-sized companies in the market. The technology used to recycle post-consumer plastic is what differentiates the market players. Major players are involved with the expansion of their plastic recycle facilities, infrastructural developments, investments in research-and-development facilities, and looking for opportunities to vertically integrate throughout the value chain. They can meet the growing demand for recycled plastics worldwide, improve their operations planning, create innovative products and technologies, reduce their recycling costs and increase their customer base. The following are some of the most prominent players in post-consumer recycled polymers market:

  • Republic Services, Inc.

  • WM Intellectual Property Holdings L.L.C.

  • Veolia

  • Shell International B.V.

  • Waste Connections

  • CLEAN HARBORS INC.

Up Market Research published a new report titled “Post-consumer Recycled Plastics Market research report which is segmented by Type (Polyethylene, Polystyrene, Polypropylene), by Source (Non-bottle Rigid, Bottles), By Players/Companies Shell International BV, Waste Connections, Veolia, Republic Services Inc, WM Intellectual Property Holdings LLC, CLEAN HARBORS INC”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.


Report Scope

Report AttributesReport Details
Report TitlePost-consumer Recycled Plastics Market Research Report
By TypePolyethylene, Polystyrene, Polypropylene
By SourceNon-bottle Rigid, Bottles
By CompaniesShell International BV, Waste Connections, Veolia, Republic Services Inc, WM Intellectual Property Holdings LLC, CLEAN HARBORS INC
Regions CoveredNorth America, Europe, APAC, Latin America, MEA
Base Year2020
Historical Year2018 to 2019 (Data from 2010 can be provided as per availability)
Forecast Year2028
Number of Pages202
Number of Tables & Figures142
Customization AvailableYes, the report can be customized as per your need.

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.


Global Post-consumer Recycled Plastics Industry Outlook

Global Post-consumer Recycled Plastics Market Report Segments:

The market is segmented by Type (Polyethylene, Polystyrene, Polypropylene), by Source (Non-bottle Rigid, Bottles).

Post-consumer Recycled Plastics Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.


Key Benefits for Industry Participants & Stakeholders:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Post-consumer Recycled Plastics Market

Overview of the regional outlook of the Post-consumer Recycled Plastics Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.


Post-consumer Recycled Plastics Market Overview

Highlights of The Post-consumer Recycled Plastics Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Post-consumer Recycled Plastics Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2028.
  5. Developments and trends in the market.
        6. By Type:

                1. Polyethylene

                2. Polystyrene

                3. Polypropylene

        7. By Source:

                1. Non-bottle Rigid

                2. Bottles

  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Post-consumer Recycled Plastics Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.


How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Post-consumer Recycled Plastics Market Trends

Reasons to Purchase the Post-consumer Recycled Plastics Market Report:

  • The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
  • Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
  • Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
  • The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
  • Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Post-consumer Recycled Plastics Market Overview
   4.1 Introduction 
      4.1.1 Market Taxonomy 
      4.1.2 Market Definition 
      4.1.3 Macro-Economic Factors Impacting the Market Growth 
   4.2 Post-consumer Recycled Plastics Market Dynamics 
      4.2.1 Market Drivers 
      4.2.2 Market Restraints 
      4.2.3 Market Opportunity 
   4.3 Post-consumer Recycled Plastics Market - Supply Chain Analysis 
      4.3.1 List of Key Suppliers 
      4.3.2 List of Key Distributors 
      4.3.3 List of Key Consumers 
   4.4 Key Forces Shaping the Post-consumer Recycled Plastics Market 
      4.4.1 Bargaining Power of Suppliers 
      4.4.2 Bargaining Power of Buyers 
      4.4.3 Threat of Substitution 
      4.4.4 Threat of New Entrants 
      4.4.5 Competitive Rivalry 
   4.5 Global Post-consumer Recycled Plastics Market Size & Forecast, 2018-2028 
      4.5.1 Post-consumer Recycled Plastics Market Size and Y-o-Y Growth 
      4.5.2 Post-consumer Recycled Plastics Market Absolute $ Opportunity 


Chapter 5 Global Post-consumer Recycled Plastics Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2 Post-consumer Recycled Plastics Market Size Forecast by Type
      5.2.1 Polyethylene
      5.2.2 Polystyrene
      5.2.3 Polypropylene
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global Post-consumer Recycled Plastics Market Analysis and Forecast by Source
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Source
      6.1.2 Basis Point Share (BPS) Analysis by Source
      6.1.3 Absolute $ Opportunity Assessment by Source
   6.2 Post-consumer Recycled Plastics Market Size Forecast by Source
      6.2.1 Non-bottle Rigid
      6.2.2 Bottles
   6.3 Market Attractiveness Analysis by Source

Chapter 7 Global Post-consumer Recycled Plastics Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Post-consumer Recycled Plastics Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America Post-consumer Recycled Plastics Analysis and Forecast
   9.1 Introduction
   9.2 North America Post-consumer Recycled Plastics Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Post-consumer Recycled Plastics Market Size Forecast by Type
      9.6.1 Polyethylene
      9.6.2 Polystyrene
      9.6.3 Polypropylene
   9.7 Basis Point Share (BPS) Analysis by Type 
   9.8 Absolute $ Opportunity Assessment by Type 
   9.9 Market Attractiveness Analysis by Type
   9.10 North America Post-consumer Recycled Plastics Market Size Forecast by Source
      9.10.1 Non-bottle Rigid
      9.10.2 Bottles
   9.11 Basis Point Share (BPS) Analysis by Source 
   9.12 Absolute $ Opportunity Assessment by Source 
   9.13 Market Attractiveness Analysis by Source

Chapter 10 Europe Post-consumer Recycled Plastics Analysis and Forecast
   10.1 Introduction
   10.2 Europe Post-consumer Recycled Plastics Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Post-consumer Recycled Plastics Market Size Forecast by Type
      10.6.1 Polyethylene
      10.6.2 Polystyrene
      10.6.3 Polypropylene
   10.7 Basis Point Share (BPS) Analysis by Type 
   10.8 Absolute $ Opportunity Assessment by Type 
   10.9 Market Attractiveness Analysis by Type
   10.10 Europe Post-consumer Recycled Plastics Market Size Forecast by Source
      10.10.1 Non-bottle Rigid
      10.10.2 Bottles
   10.11 Basis Point Share (BPS) Analysis by Source 
   10.12 Absolute $ Opportunity Assessment by Source 
   10.13 Market Attractiveness Analysis by Source

Chapter 11 Asia Pacific Post-consumer Recycled Plastics Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Post-consumer Recycled Plastics Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Post-consumer Recycled Plastics Market Size Forecast by Type
      11.6.1 Polyethylene
      11.6.2 Polystyrene
      11.6.3 Polypropylene
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 Asia Pacific Post-consumer Recycled Plastics Market Size Forecast by Source
      11.10.1 Non-bottle Rigid
      11.10.2 Bottles
   11.11 Basis Point Share (BPS) Analysis by Source 
   11.12 Absolute $ Opportunity Assessment by Source 
   11.13 Market Attractiveness Analysis by Source

Chapter 12 Latin America Post-consumer Recycled Plastics Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Post-consumer Recycled Plastics Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Post-consumer Recycled Plastics Market Size Forecast by Type
      12.6.1 Polyethylene
      12.6.2 Polystyrene
      12.6.3 Polypropylene
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Latin America Post-consumer Recycled Plastics Market Size Forecast by Source
      12.10.1 Non-bottle Rigid
      12.10.2 Bottles
   12.11 Basis Point Share (BPS) Analysis by Source 
   12.12 Absolute $ Opportunity Assessment by Source 
   12.13 Market Attractiveness Analysis by Source

Chapter 13 Middle East & Africa (MEA) Post-consumer Recycled Plastics Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Post-consumer Recycled Plastics Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Post-consumer Recycled Plastics Market Size Forecast by Type
      13.6.1 Polyethylene
      13.6.2 Polystyrene
      13.6.3 Polypropylene
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Middle East & Africa (MEA) Post-consumer Recycled Plastics Market Size Forecast by Source
      13.10.1 Non-bottle Rigid
      13.10.2 Bottles
   13.11 Basis Point Share (BPS) Analysis by Source 
   13.12 Absolute $ Opportunity Assessment by Source 
   13.13 Market Attractiveness Analysis by Source

Chapter 14 Competition Landscape 
   14.1 Post-consumer Recycled Plastics Market: Competitive Dashboard
   14.2 Global Post-consumer Recycled Plastics Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Shell International BV
      14.3.2 Waste Connections
      14.3.3 Veolia
      14.3.4 Republic Services Inc
      14.3.5 WM Intellectual Property Holdings LLC
      14.3.6 CLEAN HARBORS INC
Segments Covered in the Report
The global Post-consumer Recycled Plastics market has been segmented based on

By Type
  • Polyethylene
  • Polystyrene
  • Polypropylene
By Source
  • Non-bottle Rigid
  • Bottles
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Shell International BV
  • Waste Connections
  • Veolia
  • Republic Services Inc
  • WM Intellectual Property Holdings LLC
  • CLEAN HARBORS INC

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