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North America Recycled Plastics Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

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    Report

  • 125 Pages
  • September 2023
  • Region: North America
  • IMARC Group
  • ID: 5615144
The North America recycled plastics market size reached US$ 7,557 Million in 2022. Looking forward, the publisher expects the market to reach US$ 9,672 Million by 2028, exhibiting a growth rate (CAGR) of 4.1% during 2023-2028.

Plastic is a non-biodegradable, synthetic material which is most commonly sourced from petrochemicals. Plastic recycling is the process of recovering different types of plastic from waste products in order to reuse them for making useful products. Prior to recycling, the waste and scrap go through a series of five different stages, which include sorting, washing, shredding, identification and classification of plastic, and extruding.

North America recycled plastics market is currently being driven by several factors. The demand for recycled plastics has witnessed a surge on account of various initiatives undertaken by governments and organizations in different countries of the region. For instance, the Association of Plastic Recyclers (APR) along with the Recycling Partnership, has taken numerous steps to instruct vendors on using post-consumer resin (PCR). Apart from this, plastic recycling offers benefits to the manufacturers as it helps in reducing the costs of raw materials, which are higher for producing virgin plastic.

Key Market Segmentation:

The publisher provides an analysis of the key trends in each sub-segment of the North America recycled plastics market report, along with forecasts at the regional and country level from 2023-2028. The report has categorized the market based on plastic type, raw material and application.

Key Regions Analysed

  • United States
  • Canada
  • Analysis for Each Country

Market by Plastic Type

  • Polyethylene Terephthalate (PET)
  • High Density Polyethylene (HDPE)
  • Polypropylene (PP)
  • Low Density Polyethylene (LDPE)
Others

Market by Raw Material

  • Plastic Bottles
  • Plastic Films
  • Rigid Plastic and Foams
  • Fibres
  • Others

Market by Application

  • Non-Food Contact Packaging
  • Food Contact Packaging
  • Construction
  • Automotive
  • Others

Value Chain Analysis

  • Key Drivers and Challenges
  • Porters Five Forces Analysis
  • Competitive Landscape
  • Competitive Structure
  • Key Player Profiles

Key Questions Answered in This Report:

  • How has the North America recycled plastics market performed so far and how will it perform in the coming years?
  • What are the key regions in the North America recycled plastics market?
  • What has been the impact of COVID-19 on the North America recycled plastics market?
  • What is the breakup of the North America recycled plastics market on the basis of plastic type?
  • What is the breakup of the North America recycled plastics market on the basis of raw material?
  • What is the breakup of the North America recycled plastics market on the basis of application?
  • What are the various stages in the value chain of the North America recycled plastics industry?
  • What are the key driving factors and challenges in the North America recycled plastics industry?
  • What is the structure of the North America recycled plastics industry and who are the key players?
  • What is the degree of competition in the North America recycled plastics industry?
  • What are the profit margins in the North America recycled plastics industry?
Frequently Asked Questions about the North American Recycled Plastics Market

What is the estimated value of the North American Recycled Plastics Market?

The North American Recycled Plastics Market was estimated to be valued at $7557 Million in 2022.

What is the growth rate of the North American Recycled Plastics Market?

The growth rate of the North American Recycled Plastics Market is 4.2%, with an estimated value of $9672 Million by 2028.

What is the forecasted size of the North American Recycled Plastics Market?

The North American Recycled Plastics Market is estimated to be worth $9672 Million by 2028.

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Recycled Plastics Market
5.1 Market Performance
5.2 Market Breakup by Plastic Type
5.3 Market Breakup by Raw Material
5.4 Market Breakup by Application
5.5 Market Breakup by Region
5.6 Market Forecast
6 North America Recycled Plastics Market
6.1 Market Performance
6.2 Impact of COVID-19
6.3 Market Forecast
7 North America Recycled Plastics Market: Breakup by Plastic Type
7.1 Polyethylene Terephthalate (PET)
7.2 High Density Polyethylene (HDPE)
7.3 Polypropylene (PP)
7.4 Low Density Polyethylene (LDPE)
7.5 Others
8 North America Recycled Plastics Market: Breakup by Raw Material
8.1 Plastic Bottles
8.2 Plastic Films
8.3 Rigid Plastic and Foams
8.4 Fibres
8.5 Others
9 North America Recycled Plastics Market: Breakup by Application
9.1 Non-Food Contact Packaging
9.2 Food Contact Packaging
9.3 Construction
9.4 Automotive
9.5 Others
10 North America Recycled Plastics Market: Breakup by Country
10.1 United States
10.1.1 Historical Market Trends
10.1.2 Market Breakup by Plastic Type
10.1.3 Market Breakup by Raw Material
10.1.4 Market Breakup by Application
10.1.5 Market Forecast
10.2 Canada
10.2.1 Historical Market Trends
10.2.2 Market Breakup by Plastic Type
10.2.3 Market Breakup by Raw Material
10.2.4 Market Breakup by Application
10.2.5 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
12.1 Overview
12.2 Research and Development
12.3 Raw Material Procurement
12.4 Manufacturing
12.5 Distribution
12.6 Export
12.7 End-Use
13 Porter’s Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Rivalry
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players

Methodology

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