United States plastic recycling market stood at 28.91 Million Tonnes in 2020 and is forecast to reach 44.40 Million Tonnes by 2030, growing at a healthy CAGR of 4.25% until 2030. Plastic recycling has ramped up the reduction in the level of CO2 emissions in the country. The country is expected to generate significant demand for the recycling of plastics in the coming years owing to the rising adoption of recycled plastics across various end-user industries. Besides, growing concern about the increasing environmental pollution from plastic disposal is expected to spur the need to recycle plastic waste, which also saves a lot of energy spent in the manufacturing of virgin plastics. The rise in demand for recycled plastics in industries such as packaging, automotive, textile industries due to the tax incentives provided by various state governments to promote its use is anticipated to increase the demand of the plastic recycling market in the U.S. The COVID-19 led to a significant rise in demand for plastics in the food & beverage industries, healthcare, and pharmaceutical industries. But, inappropriate disposal of plastics due to disruptions in waste collections and labor shortages on account of lockdown measures affected the collection rates of plastics, which affected the plastic recycling market negatively. However, growing number of recycling programs by municipal or regional authorities as well as rising spending on the plastic recycling infrastructure is likely to positively impact the United States Plastic Recycling market during the forecast period.United States Plastic Recycling Market is Expected to Witness Healthy Growth During the Forecasted Year.
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Years Considered for Analysis:
- Historical Years: 2015 - 2019
- Base Year: 2020
- Estimated Year: 2021
- Forecast Period: 2022 - 2030
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
Table of Contents
1. United States Plastic Recycling Market Outlook, 2015-20301.1. Capacity By Company
1.2. Capacity By Location
1.5. Production By Company
1.6. Operating Efficiency By Company
1.7. Country-Wise Import
1.8. Country-Wise Export
1.9. Demand-Supply Gap
2. United States Plastic Recycling Demand Outlook, 2015-2030
2.1. By End Use
2.2. By Application
2.3. By Sales Channel (Direct/Institutional Sales, Retail Sales, Other Channel Sales)
2.4. By Region
2.5. By Company Share of Leading Players
3. News & Deals
Methodology
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