India Recycled Plastics Market 2021: Trends, Growth, Size, Scope & Forecast 2026
According to the latest report by IMARC Group, titled “India Recycled Plastics Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the india recycled plastics market is expected to continue its moderate growth during the forecast period (2021-2026).
Recycled plastics refer to materials that are repurposed from scraps and
waste plastics to be used across various industry verticals. The process of
recycling plastics involves the waste and scrap undergoing different stages of
sorting, washing, shredding, identification and classification of the plastic.
In addition to this, recycled plastic aids in the reduction of greenhouse gas
emissions from waste disposal at landfill sites.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
India
Recycled Plastics Market Trends:
The India recycled plastics market is primarily driven by the growing
environmental consciousness regarding the harmful effects of plastic waste. As
a result, the Government of India has implemented policies to introduce
recycling programs to control waste production and promote sustainable plastic
disposable solutions. Moreover, the rising investments by manufacturers in
research and development (R&D) activities to enhance the quality
performance of recycled plastic products is another growth-inducing factor.
Other factors, such as rapid industrialization, increasing population and
continuous innovations in products, are also fueling the market growth across
the country.
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India
Recycled Plastics Market 2021-2026 Analysis and Segmentation:
Breakup by Plastic Type:
- Polyethylene
Terephthalate (PET)
- High
Density Polyethylene (HDPE)
- Polypropylene
(PP)
- Low
Density Polyethylene (LDPE)
- Others
Breakup by Raw Material:
- Plastic
Bottles
- Plastic
Films
- Rigid
Plastic and Foam
- Fibres
- Others
Breakup by Application:
- Non-Food
Contact Packaging
- Food
Contact Packaging
- Construction
- Automotive
- Others
Breakup by Region:
- North
India
- West
and Central India
- South
India
- East
India
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List of Figure: https://www.imarcgroup.com/india-recycled-plastics-market
Key highlights of the report:
- Market
Performance (2015-2020)
- Market
Outlook (2021-2026)
- Porter’s
Five Forces Analysis
- Market
Drivers and Success Factors
- SWOT
Analysis
- Value
Chain
- Comprehensive
Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope
of the report, we can provide it to you as a part of the customization.
If you want latest primary and secondary data (2021-2026) with Cost
Module, Business Strategy, Distribution Channel, etc. Click request free sample
report, published report will be delivered to you in PDF format via email
within 24 to 48 hours of receiving full payment.
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