United States Plastic Waste Recycling Solutions and Services Market was valued at USD 10 Billion in 2022 and is projected to reach USD 18 Billion by 2030, growing at a CAGR of 7.9% from 2024 to 2030.
The US Plastic Waste Recycling Solutions and Services market has seen significant growth due to the increasing need for sustainable solutions to manage plastic waste. With industries facing mounting pressure to adopt environmentally responsible practices, plastic waste recycling has become an essential service. The market has evolved with technological innovations, driving companies to invest in new recycling techniques and solutions. These advancements cater to a wide range of industries, all of which require efficient ways to manage their plastic waste in compliance with regulations and consumer demand for sustainability.
Plastic waste recycling services in the US are primarily driven by industries such as packaging, automotive, electronics, and consumer goods. These industries generate large volumes of plastic waste that need to be efficiently processed and repurposed. The market includes solutions ranging from collection, sorting, and processing to the transformation of plastic waste into reusable materials like recycled plastic resins. Companies are looking to reduce their carbon footprints and achieve sustainability goals by sourcing materials that have been recycled rather than using new plastic. This trend is not only in response to regulatory pressure but also because of a growing public preference for sustainable products.
Recycling solutions have evolved to meet the specific needs of different sectors. For instance, the packaging industry has increasingly adopted post-consumer recycled (PCR) plastics to meet sustainability targets. Similarly, the automotive industry has turned to plastic recycling to reduce material costs and improve the environmental impact of vehicle production. The consumer electronics market has also embraced recycling services to responsibly dispose of plastic components from obsolete products, while the consumer goods industry has focused on incorporating recycled plastics into product packaging.
According to recent market data, the US plastic waste recycling services market is valued in billions and is expected to continue expanding, driven by increased awareness and regulatory support. However, industries must still overcome challenges such as the contamination of recyclable materials and the need for more advanced technologies that can efficiently process different types of plastics. As these obstacles are addressed, the market is set to grow, making recycled plastic a more viable alternative for businesses across multiple industries. The integration of advanced technology into the recycling process is essential for meeting the demands of the market, ensuring that industries can keep pace with environmental goals while minimizing waste.
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Indorama Ventures
Far Eastern New Century
MBA Polymers
DAK Americas
Plastipak Holdings
Longfu Recycling Energy Scientech
Greentech
KW Plastics
Vogt-Plastic
Biffa
Visy
Envision
Imerys Group
Viridor
SUEZ
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the US Plastic Waste Recycling Solutions and Services Market
Mechanical Recycling
Chemical Recycling
Energy Recovery
Biological Recycling
Polyethylene Terephthalate (PET)
High-Density Polyethylene (HDPE)
Polyvinyl Chloride (PVC)
Low-Density Polyethylene (LDPE)
Polypropylene (PP)
Polystyrene (PS)
Other Plastics
Packaging Industry
Automotive Industry
Construction and Building
Textile Industry
Electronics and Electrical Industry
Consumer Goods
Collection Services
Sorting and Separation Services
Recycling and Reprocessing Services
Consulting and Advisory Services
End-Product Development Services
Government and Municipalities
Private Companies
NGOs and Environmental Organizations
Waste Management Companies
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the US Plastic Waste Recycling Solutions and Services Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. US Plastic Waste Recycling Solutions and Services Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Plastic Waste Recycling Solutions and Services Market, By Type
6. US Plastic Waste Recycling Solutions and Services Market, By Application
7. US Plastic Waste Recycling Solutions and Services Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Plastic Waste Recycling Solutions and Services Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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