March 25th, 2022
According to the latest report by IMARC Group, titled “India Recycled Plastics Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the india recycled plastics market is expected to continue its moderate growth during the forecast period (2021-2026).
Recycled plastics refer to materials that are repurposed from scraps and waste plastics to be used across various industry verticals. The process of recycling plastics involves the waste and scrap undergoing different stages of sorting, washing, shredding, identification and classification of the plastic. In addition to this, recycled plastic aids in the reduction of greenhouse gas emissions from waste disposal at landfill sites.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
India Recycled Plastics Market Trends:
The India recycled plastics market is primarily driven by the growing environmental consciousness regarding the harmful effects of plastic waste. As a result, the Government of India has implemented policies to introduce recycling programs to control waste production and promote sustainable plastic disposable solutions. Moreover, the rising investments by manufacturers in research and development (R&D) activities to enhance the quality performance of recycled plastic products is another growth-inducing factor. Other factors, such as rapid industrialization, increasing population and continuous innovations in products, are also fueling the market growth across the country.
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India Recycled Plastics Market 2021-2026 Analysis and Segmentation:
The report has segmented the market on the basis on region, plastic type, raw material, application.
Breakup by Plastic Type:
Polyethylene Terephthalate (PET)
High Density Polyethylene (HDPE)
Low Density Polyethylene (LDPE)
Breakup by Raw Material:
Rigid Plastic and Foam
Breakup by Application:
Non-Food Contact Packaging
Food Contact Packaging
Breakup by Region:
West and Central India
Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/india-recycled-plastics-market
Key highlights of the report:
Market Performance (2015-2020)
Market Outlook (2021-2026)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
If you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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