Recycled Polyethylene Market 2022
Nowadays, recycling plastic is a vital process for our environment considering over billion metric tons of its produced annually for numerous applications. Recycling polyethylene is widely used process as it is fairly easy to carry out.
Owing to its high density composition of plastic, the waste can be liquefied from a solid form and reshaped as it solidifiers, and making it reusable. Due to the superior properties of recycled plastic, it widely utilized from supermarket bags to high-tech industrial applications.
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There are numerous types of recycled polyethylene although there are two most common types based on product density is– high density polyethylene (HDPE) and low density polyethylene (LDPE). Further, on the basis of processing and applications, recycled polyethylene is divided into numerous grades such as food grade, injection grade, and other grades.
In term of physical properties, recycled polyethylene is strong, transparent, light-weight component, having reseal ability, shatter-resistance, recyclable material, and versatile, among others. Attributing to this properties, it finds wide range of applications across packaging, footwear, textile, automotive, strapping, and among other industries.
Key Companies-
Global Recycled Polyethylene Market: Key Market Participants
- Birch Plastics Inc.
- Dart Container Corporation
- Envision Plastics Industries LLC
- CarbonLite Industries LLC
- B & B Plastic Inc.
- Kuusakoski Recycling Ltd.
- Viridor waste management Ltd.
- M&G Chemicals
- Phoenix Technologies, Inc.
- LIBOLON
- Verdeco Recycling, Inc.
The Recycled Polyethylene market research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data.
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Global Recycled Polyethylene Market: Market Segmentation
Product Types
- LDPE (Low Density Polyethylene)
- HDPE (High Density Polyethylene)
Chemistry
- Colored
- Clean/Black Colored
Grade
- Food Grade
- Injection Grade
- Other Grades
Applications
- Packaging
- Textile
- Footwear
- Automotive
- Strapping
- Other Industrial application
Global Recycled Polyethylene Market: Regional Outlook
Geographically, Europe is lucrative region for the global recycled polyethylene market as European economies has regulations to encourage recycling plastic. Along with this, the region has favorable conditions such as good traditional waste management infrastructure, landfill, and energy recovery is projected to drive the market.
Market for recycled polyethylene is still in embryonic stage in Asia pacific, despite substantial concentration of conventional as well as biodegradable plastic manufacturers.
Moreover, the product is getting traction and it is anticipated that over the span of next ten years, economies, such as Malaysia, India and Indonesia, will witness higher investments from key industry participants in recycled polyethylene.
Moreover, North America and Latin America markets are relatively mature and as a result, stagnant demand for recycled polyethylene is projected over the next few years
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