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Follow on Google News | Recycled Plastics Market Share 2019 Trends, Demand and Business Opportunities 2024By: IMARC Group Global Recycled Plastics Market Trends: Recycled plastics reduce the rate of plastic pollution, help to conserve resources and divert plastics from landfills and other water bodies, and utilize lesser energy than new virgin polymers. These benefits, along with the growing awareness about sustainability and consciousness regarding environment protection across the globe, have created a positive impact on the industry. As a result, several advancements have been made to develop innovative technologies that will help to improve the management and processing of plastic waste and allow for a wider variety of plastic to be recycled into high-quality resins. Furthermore, the continuous support by the governments of various countries for recycling and processing plastic waste will continue to provide a significant thrust to the market growth in the coming years. Looking forward, the market value is projected to reach US$ 50.5 Billion by 2024, growing at a CAGR of 6.1% during 2019-2024. Request for a sample copy of this report: https://www.imarcgroup.com/ Insights on Market Segmentation: Breakup by Plastic Type: 1. Polyethylene Terephthalate (PET) 2. High Density Polyethylene (HDPE) 3. Polypropylene (PP) 4. Low Density Polyethylene (LDPE) 5. Others Breakup by Application: 1. Non-Food Contact Packaging 2. Food Contact Packaging 3. Construction 4. Automotive 5. Others Explore full report with table of contents: https://www.imarcgroup.com/ Breakup by Raw Material: 1. Plastic Bottles 2. Plastic Films 3. Rigid Plastic and Foam 4. Fibres 5. Others Breakup by Region: 1. North America 2. Europe 3. Asia Pacific 4. Latin America 5. Middle East and Africa Competitive Landscape: The competitive landscape of the market has also been examined, with some of the key players being Avangard Innovative LP, B. Schoenberg & Co., Inc., Delta Plastics, UltrePET LLC, CarbonLite Industries LLC, Veolia Environment S.A, Suez Recycling & Recovery Holdings Pty Limited and KW Plastics. About Us IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Contact Us IMARC Group USA: +1-631-791-1145 Email: sales@imarcgroup.com Website: https://www.imarcgroup.com Follow us on twitter: @imarcglobal End
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