Recycled Plastic Market Predicted to Double to $141.9 Billion by 2032 Driven by Sustainability Demands

Market research predicts global recycled plastic market to reach $141.9 billion by 2032, more than doubling from $66.7 billion in 2022.
Growth driven by increased demand for environmentally-conscious products that reduce emissions and ocean waste.
Asia-Pacific to remain largest consumer of recycled plastics, accounting for 44.5% of market in 2022.
Polyethylene terephthalate (PET) has largest market share at 58.5% in 2022, used in single-use products and packaging.
Agriculture, farming and gardening sector projected to have highest industry share of recycled plastic market.

foxbusiness.com

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8/21/2023

Breathable Films Market to Hit $9.6 Bn By 2032, Says Global Market Insights Inc.

The breathable films market is projected to exceed $9.6 billion by 2032 due to the increasing demand for sustainable packaging solutions, advancements in technology, and the emphasis on hygiene and healthcare.

8/23/2023

Rigid Packaging Market to Surpass 492.3 Billion by 2030 Drives Due to the Strong Emphasis on Food Packaging

The rigid packaging market is projected to reach a value of USD 492.3 billion by 2030, with a CAGR of 3.6% over the forecast period, driven by increasing demand for rigid plastic packaging in the healthcare industry to protect medicines and medical products from contamination.

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Global Industrial and Institutional Cleaning Chemicals Market Set to Reach $77.84 Billion by 2030, Driven by Hygiene Awareness

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9/25/2023

Lego Finds Recycled Plastic Unsuitable for Bricks, But Remains Committed to Sustainable Materials Goals

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Posted 9/25/2023, 8:50:38 PM