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Plastic Waste Management Market 2019 Global Industry Size, Share, Trends Analyzed by Business Opportunity, Development, Growth Factors, Applications Analysis and Future Prospects 2023

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Plastic Waste Management Market 2019 Global Industry Size, Share, Trends Analyzed by Business Opportunity, Development, Growth Factors, Applications Analysis and Future Prospects 2023

September 21
22:27 2019
Plastic Waste Management Market 2019 Global Industry Size, Share, Trends Analyzed by Business Opportunity, Development, Growth Factors, Applications Analysis and Future Prospects 2023

Plastic Waste Management Market
Plastic Waste Management Market Share, Size, Trends, And Business Opportunity Analysis Report 2019 include historic data, with forecast data to 2023. Plastic Waste Management Industry report is helpful for future strategy development, and to know about Market Drivers, Restraints, Opportunities, And Global market size, share, Growth, Trends, key players forecast to 2023

Plastic causes pollution because it is non-biodegradable. Therefore, recycling plastic is a necessity, and plastic waste management can be a great market in a world that is genuinely interested in curbing environmental pollution. Market Research Future (MRFR) has published a report about the global plastic waste management market that anticipates raise for this market at 3% CAGR (Compound Annual Growth Rate) between 2017 and 2023.

The prime factors helping the global plastic waste management market growth are growing ecological concern and laws enacted by various governments to curb plastic usage as well as pollution. Other factors aiding the market growth include awareness about the hazards of plastic and the industrial application for the recycled plastic products. However, the market growth can face hurdles due to existing plastic waste management procedures being complex and expensive to implement.

The global plastic waste management market can be segmented on the basis of end-use sector, polymer, service & equipment, source, and lastly, region. In the context of the end-use sector, this market has been segmented into automobile, building & construction, packaging, textile & clothing, and others. The packaging segment holds the market share, and it has been anticipated to achieve the fastest growth during the forecast period due to a wide range of application of the plastic material in the packaging sector, which needs to recycling after use.

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The polymer-based segmentation has segmented the market into high-density polyethylene (HDPE), low-density polyethylene (LDPE), polypropylene (PP), and polyvinyl chloride (PVC). During the forecast period, polypropylene is expected to emerge as the fastest growing market segment. It holds the largest market share in the global market due to cheap cost and high availability.

Regarding service & equipment, the market has been segmented into the collection, disposal, incineration, and recycling. During the forecast period, the recycling segment is expected to dominate the market. Many government initiatives are promoting recycling.

As per the source-based segmentation, the market has been segmented into commercial, industrial, and residential. Residential segment is the biggest segment, and during the forecast period, it is expected to retain its dominance in the market due to the rise in urbanization coupled with residential waste.

The regional segmentation of the global plastic waste management market segments the market into regional markets known as Europe, North America, Asia Pacific, and the rest of the world (RoW). In North America, the plastic waste management market is well-established due to government initiatives and stringent laws to curb down carbon emission. Many initiatives encourage recycling. The most active country-specific markets in this region are USA and Canada. Many key players in the market are based in North America, especially in the USA.

In Europe, the market is growing due to the reasons same as North America. However, the overall market in this region is smaller than North America because so far, this market is limited to only the developed countries of Europe. The important country-specific markets in this region are France, Germany, Italy, and the UK, followed by the remaining countries in Europe. Some market players are based in Europe too.

In the Asia Pacific region, the market is growing at a slow but steady rate. Growth is slow due to unawareness and reluctance among the government to promote and implement waste management. In some emerging economies like China, India, Japan, and South Korea, there are various government-sponsored programs to spread awareness among the population regarding healthcare, hygiene, and benefits of waste management.

Key Players

The key players in the global plastic waste management market include ADS Waste Holdings, Inc. (USA), Clean Harbors Inc. (USA), Covanta Holding Corporation (USA), Hahn Plastics Limited (UK), Hawkvale Limited (UK), Luxus Limited (UK), PLASgran Ltd. (UK), Progressive Waste Solutions Ltd. (Canada), Remondis SE & Co. KG (Germany), Republic Services Inc. (USA), Stericycle Inc. (USA), SUEZ Environnement Company (France), United Plastic Recycling Inc. (USA), Veolia Environnement S.A. (France), and Waste Management Inc. (USA).

Browse Full Report of Plastic Waste Management Market @ https://www.marketresearchfuture.com/reports/plastic-waste-management-market-2790

List Of Tables

Table 1 Global Plastic Waste Management Market: By Region, 2017-2023

Table 2 North America Plastic Waste Management Market: By Country, 2017-2023

Table 3 Europe Plastic Waste Management Market: By Country, 2017-2023

Table 4 Asia-Pacific Plastic Waste Management Market: By Country, 2017-2023

Table 5 RoW Plastic Waste Management Market: By Country, 2017-2023

List Of Figures

FIGURE 1 RESEARCH PROCESS OF MRFR

FIGURE 2 TOP DOWN & BOTTOM UP APPROACH

FIGURE 3 MARKET DYNAMICS

FIGURE 4 IMPACT ANALYSIS: MARKET DRIVERS

FIGURE 5 IMPACT ANALYSIS: MARKET RESTRAINTS

Continued……. 

About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR) and Market Research & Consulting Services. 

Media Contact
Company Name: Market Research Future
Contact Person: Abhishek Sawant
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Phone: +1 646 845 9312
Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar
City: Pune
State: Maharashtra
Country: India
Website: https://www.marketresearchfuture.com/reports/plastic-waste-management-market-2790

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