Global Plastic Waste Management Market is Expected to Grow at a CAGR of 4.2% During the Forecast Period (2016-2024)

Plastic waste management

New York, USA, 2018-Apr-27 — /EPR Network/ — According to Goldstein Research, major driving factor for the growth of plastic waste management market is the rising environmental consciousness that has led to governments coming up with stringent laws for the waste management and recycling of hazardous materials. The packaging industries are the major contributors towards plastic waste from the plastic packaging, plastic shopping bags, PET bottles, and many other appliances using plastic as the major component. Packaging industry contributed 38.2% plastic waste in 2016. Global Plastic Waste Management Market Outlook also includes product development, marketing strategy and investment strategies adopted by major market players in order to expand their business across the globe. Additionally, Europe has the largest share of 47.2% in global plastic waste management market in 2016; with Germany, Belgium, Switzerland, Sweden, Netherlands, Denmark, and the U.K. are some of the major countries ahead in the plastic recycling.

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Market Segmentation

On the basis of our in-depth analysis, global plastic waste management market can be segmented as follows:

By Methods of Waste Management

  • Recycling
  • Incineration/Combustion
  • Disposal
  • Plasma Gasification
  • Composting
  • Landfills

By Material

  • PET (Polyethylene terephthalate)
  • HDPE (High-density polyethylene plastics
  • V (Vinyl)
  • LDPE (Low-density polyethylene)
  • PP (Polypropylene)
  • PS (Polystyrene)
  • Others (combination of 2 or more)

By Source

  • Residential
  • Industrial
  • Packaging Industry
  • Textile & clothing Industry
  • Furniture Industry
  • Automotive Industry
  • Construction Industry
  • Other Industries

Based on Geography

  • North America (U.S. & Canada) Plastic waste management Market {Market Share (%), Market Size(USD Billion)}
  • Latin America (Brazil, Mexico, Argentina & Rest of Latin America) Plastic waste management Market {Market Share (%), Market Size(USD Billion)}
  • Europe (The U.K., Germany, France, Italy, Spain, Poland, Sweden & RoE) Plastic waste management Market {Market Share (%), Market Size(USD Billion)}
  • Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of Asia) Plastic waste management Market {Market Share (%), Market Size(USD Billion)}
  • Middle East & Africa (GCC, South Africa, North Africa, RoMEA) Plastic waste management Market {Market Share (%), Market Size(USD Billion)}

“Global Plastic waste management Market Outlook 2024” contains detailed overview of the global plastic waste management market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by methods of waste management, by material and by source.

Further, for the in-depth analysis, Plastic Waste Management Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This industry analysis report also includes competitive outlook of some of the major players profiling of companies such as Veolia Environnement S.A., SUEZ Environnement Company, Waste Management Inc., Republic Services Inc., and Stericycle Inc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents the global plastic waste management market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

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