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Plastic Bottle Recycling Market Segment Forecasts up to 2023, Research Reports:Transparency Market Research

The consumption of plastics has grown radically and, subsequently, since 1970s, so has the creation of waste plastics. In relation with this growth the formation of the waste container has also changed. In the process of reproducing and consumption
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Plastic Bottle Recycling Market - Global
Industry Analysis, Size, Share, Growth
Trends, and Forecast 2016 - 2023
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The consumption of plastics has grown radically and, subsequently, since 1970s, so has the creation of waste
plastics. In relation with this growth the formation of the waste container has also changed. In the process of
reproducing and consumption the amount of organic matter has deteriorated, while plastics have increased. Among
various innovations from plastics materials plastic bottles are majorly consumed as well as dumped. To avoid this
wastage of bottles recycling of the bottles is carried out on a large scale.
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Recycling of plastic bottles increases the reuse of plastic material. This recycling helps to reduce the land pollution
taking place which is done eventually by converting them into lower or same grade plastic bottles. These recycled
bottles are used for numerous applications depending on their material content. Most plastics are semi-permeable
and absorb particles of food or beverage contained. Removal of wastage from these bottles is a very tedious task,
which needs to be done carefully as any surplus heating may damage the plastic composition. Most recycled plastics
are mainly used for making low-grade products. In order to convert plastic bottles into bio degradable plastic, the
bottles are hydrolyzed to monomeric form and finally passed through distillation and re-polymerization processes.
This process ends into where the bottle is transformed into a food grade plastic. A major challenge for producing
recycled resins from plastic bottle is that most different plastic types are not compatible with each other because of
integral immiscibility at the molecular level. In this case, the recycling faces the issues of differences in plastic
processing requirements at a macro-scale.
The plastic bottle recycle market is growing at a steady rate in the near future. The market growth is driven by
growing prospects for recycled plastic bottles and growing environmental concerns which creates land pollution.
Recycling plastic water bottles also helps to conserve natural resources, especially oil, which is a nonrenewable
natural resource available in restricted supply. The Environmental Protection Agency (EPA) estimates that recycling
one ton of plastic conserves approximately 3.8 barrels of crude oil.
Recycling plastic water bottles also help to decrease the amount of pollution in the air and water. Many landfill
facilities will destroy plastic bottles to save waste, which can emit toxic pollutants or irritants into the air. The plastic
resins used to manufacture water bottles also contains harmful chemicals. These harmful chemicals can penetrate
into the soil or groundwater if they are able to break down in the landfill.
Plastic bottle recycling market can be classified on the basis of the type of plastic material which includes
polyethylene terephthalate (PET), high-density polyethylene (HDPE) and polypropylene (PP). PET is the mostly
recycled plastic material among the plastic bottles recycling market followed by HDPE and PP material. For the ease
of study the plastic bottle recycling market is divided among various geographies such as North America, Europe,
Asia Pacific, Middle East & Africa and South and Central America. North America has the largest market share in the
recycling of the plastic bottles where the U.S. comprises of largest market share.
Some of the key players in the plastic bottle recycling markets are Advanced Environmental Recycling Technologies,
Avangard Innovative, Phoenix Technologies International, UltrePET, CarbonLITE, Complete Recycling, ECO2 Plastics,
Evergreen Plastics, National Recycling Technologies, Recycle Clear, Worldwide Recycler Services, among others.
This research report analyzes this market on the basis of its market segments, major geographies, and
current market trends. Geographies analyzed under this research report include
North America
Asia Pacific
Middle East and Africa
Latin America
This report provides comprehensive analysis of
Market growth drivers
Factors limiting market growth
Current market trends
Market structure
Market projections for upcoming years
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides
market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five
force model analysis and detailed profiles of top industry players. The report also includes a review of micro and
macro factors essential for the existing market players and new entrants along with detailed value chain analysis.
Reasons for Buying this Report
This report provides pin-point analysis for changing competitive dynamics
It provides a forward looking perspective on different factors driving or restraining market growth
It provides a six-year forecast assessed on the basis of how the market is predicted to grow
It helps in understanding the key product segments and their future
It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
It helps in making informed business decisions by having complete insights of market and by making indepth analysis of market segments
It provides distinctive graphics and exemplified SWOT analysis of major market segments
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