The global plastic waste management market is projected to reach value of USD 40.80 Billion by 2027, according to a current analysis by Emergen Research. The key factors influencing the market are maintaining the organization’s reputation, promoting the concept of sustainable development , reducing the usage of plastics Plastic destroys fertility of soil. Plastics contain harmful chemicals, which increases death rates of all living organisms on the planet.
Several official conferences have been held by the global authorities over the last decade to tackle this complex and serious issue of plastic waste management. The pursuit of a quality, peaceful life by people has led to rise in the demand for goods and services. Due to increase in the consumption level, the level of pollution and waste of goods has also increased, creating adverse effects on the environment. Plastics are also employed to prepare and deliver alternative energy systems such as fuel cells, batteries, and even solar power.
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The latest research report named ‘Global Plastic Waste Management Market – Forecast to 2027’, entails a comprehensive review of the global Plastic Waste Management market’s present and future trends. The report gathers viable information on the most established industry players, sales and distribution channels, regional spectrum, estimated market share and size, and revenue estimations over the forecast timeframe. The study is inclusive of a profound analysis of this business sphere focuses on the overall remuneration of the market over the projected period.
The report also discusses key players involved in the market, such as Veolia Environment, SUEZ, Waste Management, Inc, Republic Services, Waste Connections, Inc, Biffa, Stericycle, Clean Harbors, Covanta Holding Corporation, and United Plastic Recycling, Inc., and others as well as new entrants in the market. The competitive analysis also includes regional analysis of major geographical regions. The report covers regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
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Key Findings from Report Suggest:
In May 2019, Veolia Environment and LC Packaging entered into a strategic agreement for reduction of flexible packaging waste globally. This agreement would result in better services to resolve waste management issues. Veolia Environment is a France-based transnational organization specializing in the following three service and utility areas: water management, waste management, and energy services.
Durable plastics, used in most of the convenience goods for packaging, are often discarded after a single use and they tend to have a minimum life of three years. Convenience goods include automobiles, computers, household appliances, carpets, and fabrics.
Governments can generate revenues from plastic waste management. Governments of countries in North America and Europe have already enforced strict regulations and laws for reducing the carbon dioxide emission level. Hence, the market in these regions is well developed.
Emergen Research has segmented the global plastic waste management market based on polymer type, source, service, application, and region:
Polymer Type Outlook (Revenue: USD Billion; 2017–2027)
Polyethylene (PE)
Polypropylene (PP)
Low-density Polyethylene (LDPE)
Polyethylene Terephthalate (PET)
Polyvinyl Chloride (PVC)
Source Outlook (Revenue: USD Billion; 2017–2027)
Residential
Industrial
Commercial
Others
Service Outlook (Revenue: USD Billion; 2017–2027)
Recycling
Energy Recovery
Landfills
Application Outlook (Revenue: USD Billion; 2017–2027)
Packaging
Construction
Textile
Building & Construction
Others
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Regional Bifurcation of the Plastic Waste Management Market Includes:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Highlights of Table of Contents (TOC):
Overview of Global Plastic Waste Management Market
Competitive analysis of the Plastic Waste Management market
Regional analysis of Global Plastic Waste Management market production and revenue
Regional analysis of Global Plastic Waste Management market supply, consumption, and export & import
Type-based market analysis of global Plastic Waste Management production, revenue, and price trends
Application-based analysis of the global Plastic Waste Management market
Manufacturer profiles, manufacturing cost, and upstream and downstream analysis of global Plastic Waste Management market
Global Plastic Waste Management market forecast (2020-2027)
Conclusion of the research report
Appendix
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