| Submit Press Release
| Submit Website
(HomeGarden247.com, November 28, 2022 ) The report "Plastic Waste Management Market by Service (Collection, Recycling), By Polymer Type (PP, LDPE), By Source (Residential, Commercial, Industrial), By End-Use Applications (Packaging, Building & Construction), Region - Global Forecast to 2024" The plastic waste management market size is projected to grow from USD 32.6 billion in 2019 to USD 37.9 billion by 2024, recording a CAGR of 3.1% during the forecast period. The increasing urban population, rapid industrialization, growing concern toward the environmental impact of the improper disposal of plastic waste, along with laws & regulations regarding disposal and treatment of plastic waste, have propelled the growth of the global plastic waste management industry.
Submit Home & Garden Press Release
Download PDF brochure of the Report @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=80259244
The polypropylene (PP) segment is projected to grow at the highest CAGR from 2019 to 2024
The PP segment is expected to grow at the highest CAGR during the forecast period, in terms of both value and volume. The growth of this segment is attributed to its excellent chemical resistance and weldability and growing applications in packaging, automotive, industrial, and furniture industry. These factors are expected to drive demand during the forecast period.
In terms of value & volume, the recycling segment is projected to grow at the highest CAGR from 2019 to 2024.
The recycling segment of the plastic waste management market is projected to grow at the highest CAGR during the forecast period, in terms of both value and volume. The growth of this segment is attributed to the increase in infrastructural development (in terms of setting up recycling plants) in developing and developed countries, growing concerns about the reduction of landfills, and stringent regulations for plastic recycling are expected to drive the demand during the forecast period.
In terms of value and volume, the packaging segment is estimated to lead the plastic waste management market in 2019.
The packaging segment is projected to grow at highest CAGR during the forecast period owing to a wide range of packaging applications of recycled plastics, in the form of containers, bottles, bags, films, and other protective packaging products. The factors mentioned above are expected to drive demand during the forecast period.
Don't miss out on business opportunities in Plastic Waste Management Market. Speak to Our Analyst and gain crucial industry insights that will help your business grow. https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=80259244
Browse And In-Depth TOC On "Plastic Waste Management Market”
142 - Market Data Tables
36 - Figures
179 - Pages
In terms of value and volume, the Asia Pacific region is projected to lead the market during the forecast period.
Asia Pacific is projected to dominate the market during the forecast period. This is attributed to the increasing urbanization in China and India, the growth in disposable income, and the spreading awareness about the importance of waste management are driving the growth of the Asia Pacific plastic waste management market in these countries. Other factors include the rapid industrialization and the imposition of strict laws pertaining to waste management, and disposal processes are projected to drive the demand for plastic waste management industry in the region.
Companies such as Veolia Environnement S.A. (France), SUEZ Environnement Company (France), Waste Management, Inc. (US), Republic Services Inc. (US), and Waste Connections Inc (Canada). Other notable players in the market are Clean Harbors, Inc. (US), Biffa PLC (UK), Covanta Holding Corporation (US), Stericycle Inc. (US), and Remondis SE & Co. KG (Germany) are the key players operating in the plastic waste management market. Expansions, new product & service developments, acquisitions, partnerships, contracts, and joint ventures are some of the major strategies adopted by these key players to enhance their position in the plastic waste management industry.
Get Sample Pages of This Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=80259244
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
Mr. Aashish Mehra
| Submit Home & Garden website