UAE Plastic Recycling Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Distribution Channel, Regional Demand, 2015-2030

Commercialization Has Driven the Use of Plastics in Many Forms, Which Has Resulted in An Increase in Waste Plastics in Uae Over the Past Few Years.

UAE plastic recycling market stood at 0.84 Million Tonnes in 2020 and is forecast to reach 1.44 Million Tonnes by 2030, growing at a healthy CAGR of 5.34% until 2030. Increasing commercialization activities are driving the use of plastics in many forms, from shopping bags and water bottles to mobile phones and other consumer electronics, resulting in an increase in plastic waste in UAE over the past few years. Therefore, the government has highly encouraged companies to make use of technologies like plastic compactors to reduce the number of plastic waste. In 2017, DGrade, an eco-friendly clothing manufacturer launched the “Simply Bottles initiative” to increase the recovery and recycling rates of plastic bottles in the UAE. The company has planned to develop the world’s first bottle-to-yarn recycling plant to reduce their plastic pollution and increase their recycling rates of plastic bottles. On March 2020, the Environment Agency-Abu Dhabi (EAD) announced a policy to reduce the amount of single-use plastic products in Abu Dhabi while encouraging recyclable and reusable products for a sustainable environment. This initiative includes introducing fees on single-use plastic products which have available alternatives to prevent consumers from buying them. The COVID-19 outbreak led to significant demand for plastic across industries such as food & beverage, healthcare, pharmaceuticals, etc., which negatively impacted the plastic recycling market due to disruption in the plastic collection. However, a rising number of initiatives by key stakeholders and government to reduce plastic pollution and increasing adoption of recycled plastic by manufacturing units are likely to propel the UAE Plastic Recycling market growth in coming years.

Under this subscription, you would be able to access UAE Plastic Recycling market demand and supply analysis on a cloud-based platform for one year. The data is updated on a near real-time basis to add any new movement in the industry including, but not limited to new plant announcements, plant shutdowns, temporary disruptions in demand or supply, news and deals, and much more specific to Plastic Recycling.

Years Considered for Analysis:

• Historical Years: 2015 - 2019
• Base Year: 2020
• Estimated Year: 2021
• Forecast Period: 2022 - 2030

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Deliverables

• Installed Capacity By Company-Installed capacity within the country along with the individual capacity of leading players
• Installed Capacity By Location-Installed capacity at several locations across the country
• Production By Company-Actual production done by different companies
• Operating Efficiency By Company-Operating efficiency at which different companies are operating their plants
• Demand By End Use-Demand/Sale of Plastic Recycling in different end-user industries across the country
• Demand By Sales-Channel Demand/Sale of Plastic Recycling by different sales channels across the country
• Demand By Region-Demand/Sale of Plastic Recycling in different regions of the country
• Country Wise Exports-Exports of Plastic Recycling by Different Countries
• Country Wise Imports-Imports of Plastic Recycling by Different Countries
• Demand & Supply Gap-Demand & Supply Gap at country level
• Market Share of Leading Players-Revenue shares of leading players in the country
• News & Deals-Historical & Current News & Deals in the Plastic Recycling market

To extract data for the UAE Plastic Recycling market, the analyst conducts primary research surveys with Plastic Recycling manufacturers, suppliers, distributors, wholesalers, and customers, followed by exhaustive secondary research to cross-validate the information being collected through primary research surveys.