Americas Recycled Plastics market Size, Share, growth
Global Americas Recycled Plastics Market offers a comprehensive overview of the current market situation and provides a forecast until 2030. This report provides a balanced mix of qualitative and quantitative information that highlights important market developments, challenges, competition, industry analysis, and new opportunities and trends within the Americas Recycled Plastics Market. The Americas recycled plastics market size was valued at USD 3,834.8 million in 2019 and is projected to reach USD 6,330.0 million by 2027, exhibiting a CAGR of 7.2% during the forecast period.
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The major players covered in the Americas Recycled Plastics market report are:
Biocirculo (Colombia), Veolia (France), Avangard Innovative (United States), Ultra Poly Corporation (United States), Fresh Pak Corporation (United States), Suez Group (France), Custom Polymers, Inc. (United States), UltrePET LLC (United States), Delta Plastics (United States), Clear Path Recycling, LLC (United States), Green Line Polymers (United States), B. Schöenberg & Co. (United States), Plastipak Holdings (United States), among others
Americas Recycled Plastics Market - Covid-19 Impact and Recovery Analysis:
We have been tracking the direct impact of COVID-19 on this market, as well as the indirect impact from other industries. This report analyzes the impact of the pandemic on the Americas Recycled Plastics market from a Global and Regional perspective. The report outlines the market size, market characteristics, and market growth for the Americas Recycled Plastics industry, categorized by type, application, and consumer sector. In addition, it provides a comprehensive analysis of aspects involved in market development before and after the Covid-19 pandemic. The report also conducted a PESTEL analysis in the industry to study key influencers and barriers to entry.
Americas Recycled Plastics Market- Regional Analysis
This report focuses on the Americas Recycled Plastics in the global market, especially in North America, Europe and Asia-Pacific, South America, the Middle East, and Africa. This report categorizes the market based on manufacturers, regions, types, and applications.
Massive Demand for Packaged Goods to Propel the Market in the USThe US recycled plastics market size stood at USD 1,862.2 million in 2019 backed by a robust demand for packaged goods in the country. Furthermore, companies such as Coca-Cola and Pepsi are extensively utilizing recycled PET for packaging their staple beverages, which is augmenting the demand for recycled plastics in the country. In Canada, the federal government is aggressively pushing its agenda to eliminate single-use plastic products by 2021, thereby fueling the adoption of recycled plastic materials across the country. Similar to Canada’s goals regarding single-use plastics, Latin American countries such as Colombia and Chile are steadily lowering their dependence on single-use plastics. Chile, in fact, is the first Latin American country to sign the Plastics Pact, which is an initiative to reduce plastic pollution around the world. These measures are allowing countries in the region to fasten their hold on the Americas recycled plastics market share.