Plastics Recycling Market size was valued at USD 27.9 billion in 2022 and is expected to reach USD 40.4 billion by 2029, at a CAGR of 5.4% during the forecast period 2023-2029. Due to increase in awareness about the hazards caused by plastics to living beings and environment and the energy saving advantages in the manufacturing of recycled plastics over virgin plastics. Moreover, increasing demand for the plastic in packaging, automotive, and electrical & electronics industries are major factors that are driving the growth of the global market over the forecast timeframe. This report studies global market dynamics elaborately to indentify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global plastics recycling market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the market report include suppliers, manufacturers, marketers, policy makers, and service providers engaged in global plastics recycling products.

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Report Description : https://www.precisionbusinessinsights.com/market-reports/global-plastics-recycling-market