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Middle East and Africa Recycled Plastic Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type, Source, and Application

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    Report

  • 126 Pages
  • August 2022
  • Region: Africa, Middle East
  • The Insight Partners
  • ID: 5647390
UP TO OFF until Mar 31st 2024
The Middle East & Africa recycled plastic market is expected to grow from US$ 3,810.47 million in 2021 to US$ 6,276.50 million by 2028; it is estimated to grow at a CAGR of 7.5% from 2021 to 2028.

Technological advancements in plastic recycling are supporting the demand for recycled plastics. Recycling plastic is one solution that is considered more sustainable over the long term. There has been a rise in research and development activities to improve plastic recycling in the past few years. Scientists are also focusing on the development of plastic-ingesting bacteria. A crucial step of recycling plastic is breaking it down into smaller particles; the goal is to reduce plastics to their constituents' compounds, thereby making them less harmless and more useful for repeat applications. The polymer compounds of plastics are very stable, which is why plastics are widely used. The bacteria "Ideonella sakaiensis " can break plastics into ethylene glycol and dimethyterephtalate (DMT). The plastic broken using this method is used in many applications such as constructing roads and other structures. Another technological innovation in plastic recycling is the use of the artificial intelligence (AI) sorting method. AI is used to separate plastics from metal caps and is the perfect solution for garbage recycling due to garbage's highly irregular and unpredictable nature. A sensor may be able to identify a material's composition and separate them. AI is becoming a key ally for the development of the plastic recycling sector. Artificial intelligence allows for more efficient management of recycling plants and the implementation of image recognition systems to select and classify waste. With the increase in plastic recycling industries, artificial intelligence will enable more efficient management of recycling and waste sorting plants.

With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the recycled plastic market at a notable CAGR during the forecast period.

Middle East & Africa Recycled Plastic Market Segmentation

The Middle East & Africa recycled plastic market is segmented into type, source, application, and country. Based on type, the market is categorized into polyethylene terephthalate, polyethylene, polypropylene, polystyrene, and others. In terms of source, the Middle East & Africa recycled plastic market is segmented into plastic bottles, plastic films, plastic foams, plastic fibers, and others. Based on application, the market is segmented into packaging, textile, automotive, building and construction, electrical and electronics, and others. In terms of country, the Middle East & Africa recycled plastic market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa.

Companies Mentioned

Remondis SE & Co. Kg, Veolia, Alpek S.A.B. de C.V., and Plastipak Holdings Inc. are among the major companies operating in the Middle East & Africa recycled plastic market.
Frequently Asked Questions about the Middle Eastern and African Recycled Plastic Market

What is the estimated value of the Middle Eastern and African Recycled Plastic Market?

The Middle Eastern and African Recycled Plastic Market was estimated to be valued at $3810.47 Million in 2022.

What is the growth rate of the Middle Eastern and African Recycled Plastic Market?

The growth rate of the Middle Eastern and African Recycled Plastic Market is 7.5%, with an estimated value of $6276.5 Million by 2028.

What is the forecasted size of the Middle Eastern and African Recycled Plastic Market?

The Middle Eastern and African Recycled Plastic Market is estimated to be worth $6276.5 Million by 2028.

Who are the key companies in the Middle Eastern and African Recycled Plastic Market?

Key companies in the Middle Eastern and African Recycled Plastic Market include Remondis SE & Co. Kg, Veolia, Alpek S.A.B. de C.V. and Plastipak Holdings Inc..

Table of Contents

1. Introduction
1.1 Research Report Guidance
1.2 Market Segmentation
1.2.1 Middle East and Africa Recycled Plastic Market, by Type
1.2.2 Middle East and Africa Recycled Plastic Market, by Source
1.2.3 Middle East and Africa Recycled Plastic Market, by Application
1.2.4 Middle East and Africa Recycled Plastic Market, by Country

2. Key Takeaways

3. Research Methodology
3.1 Scope of the Study
3.1.1 Middle East and Africa Recycled Plastic Market, by Process, Grade, and Application
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:

4. Middle East and Africa Recycled Plastic Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Threat of New Entrants:
4.2.2 Bargaining Power of Suppliers:
4.2.3 Bargaining Power of Buyers:
4.2.4 Competitive Rivalry:
4.2.5 Threat of Substitutes:
4.3 Ecosystem Analysis
4.3.1 Overview:
4.3.2 Raw Material Suppliers:
4.3.3 Manufacturers
4.3.4 Distributors
4.3.5 End-User
4.4 Expert Opinion

5. Middle East and Africa Recycled Plastic Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Adoption of Recycled Plastics in Packaging, Automotive, and Electrical & Electronic Industries
5.1.2 Rising Expansion of Construction Industry
5.2 Market Restraints
5.2.1 Inadequate Supply of Recycled Plastics Leads to Preference for Virgin Plastic
5.3 Market Opportunities
5.3.1 Rising Stringent Government Regulations to Upsurge the Recycling Rate of Plastics
5.4 Future Trends
5.4.1 Rising Innovation in Plastic Recycling
5.5 Impact Analysis of Drivers and Restraints

6. Middle East and Africa Recycled Plastic -Country Market Analysis
6.1 Middle East and Africa Recycled Plastic Market -Revenue and Forecast to 2028 (US$ Mn)
6.2 Middle East and Africa Recycled Plastic Market -Volume and Forecast to 2028 (Kilo Tons)

7. Middle East and Africa Recycled Plastics Market Analysis - By Type
7.1 Overview
7.1.1 Middle East and Africa: Middle East and Africa Recycled Plastics Market, by Type
7.2 Polyethylene Terephthalate
7.2.1 Overview
7.2.2 Polyethylene Terephthalate: Middle East and Africa Recycled Plastics Market - Revenue and Forecast to 2028 (US$ Mn)
7.2.3 Polyethylene Terephthalate: Middle East and Africa Recycled Plastics Market -Volume and Forecast to 2028 (Kilo Tons)
7.3 Polyethylene
7.3.1 Overview
7.3.2 Polyethylene: Middle East and Africa Recycled Plastics Market - Revenue and Forecast to 2028 (US$ Mn)
7.3.3 Polyethylene: Middle East and Africa Recycled Plastics Market -Volume and Forecast to 2028 (Kilo Tons)
7.4 Polypropylene
7.4.1 Overview
7.4.2 Polypropylene: Middle East and Africa Recycled Plastics Market - Revenue and Forecast to 2028 (US$ Mn)
7.4.3 Polypropylene: Middle East and Africa Recycled Plastics Market -Volume and Forecast to 2028 (Kilo Tons)
7.5 Polystyrene
7.5.1 Overview
7.5.2 Polystyrene: Middle East and Africa Recycled Plastics Market - Revenue and Forecast to 2028 (US$ Mn)
7.5.3 Polystyrene: Middle East and Africa Recycled Plastics Market -Volume and Forecast to 2028 (Kilo Tons)
7.6 Others
7.6.1 Overview
7.6.2 Others: Middle East and Africa Recycled Plastics Market - Revenue and Forecast to 2028 (US$ Mn)
7.6.3 Others: Middle East and Africa Recycled Plastics Market -Volume and Forecast to 2028 (Kilo Tons)

8. Middle East and Africa Recycled Plastics Market Analysis - By Source
8.1 Overview
8.1.1 Middle East and Africa: Middle East and Africa Recycled Plastics Market, by Source
8.2 Plastic Bottles
8.2.1 Overview
8.2.2 Plastic Bottles: Middle East and Africa Recycled Plastics Market - Revenue and Forecast to 2028 (US$ Mn)
8.3 Plastic Films
8.3.1 Overview
8.3.2 Plastic Films: Middle East and Africa Recycled Plastics Market - Revenue and Forecast to 2028 (US$ Mn)
8.4 Plastic Foams
8.4.1 Overview
8.4.2 Plastic Foams: Middle East and Africa Recycled Plastics Market - Revenue and Forecast to 2028 (US$ Mn)
8.5 Plastic Fibers
8.5.1 Overview
8.5.2 Plastic Fibers: Middle East and Africa Recycled Plastics Market - Revenue and Forecast to 2028 (US$ Mn)
8.6 Others
8.6.1 Overview
8.6.2 Others: Middle East and Africa Recycled Plastics Market - Revenue and Forecast to 2028 (US$ Mn)

9. Middle East and Africa Recycled Plastics Market Analysis - By Application
9.1 Overview
9.1.1 Middle East and Africa: Middle East and Africa Recycled Plastics Market, by Application
9.2 Packaging
9.2.1 Overview
9.2.2 Packaging: Middle East and Africa Recycled Plastics Market - Revenue and Forecast to 2028 (US$ Mn)
9.3 Textile
9.3.1 Overview
9.3.2 Textile: Middle East and Africa Recycled Plastics Market - Revenue and Forecast to 2028 (US$ Mn)
9.4 Automotive
9.4.1 Overview
9.4.2 Automotive: Middle East and Africa Recycled Plastics Market - Revenue and Forecast to 2028 (US$ Mn)
9.5 Building and Construction
9.5.1 Overview
9.5.2 Building and Construction: Middle East and Africa Recycled Plastics Market - Revenue and Forecast to 2028 (US$ Mn)
9.6 Electrical and Electronics
9.6.1 Overview
9.6.2 Electrical and Electronics: Middle East and Africa Recycled Plastics Market - Revenue and Forecast to 2028 (US$ Mn)
9.7 Others
9.7.1 Overview
9.7.2 Others: Middle East and Africa Recycled Plastics Market - Revenue and Forecast to 2028 (US$ Mn)

10. Middle East and Africa Recycled Plastic Market - Country Analysis
10.1 Middle East and Africa: Middle East and Africa Recycled Plastics Market
10.1.1 Middle East and Africa: Middle East and Africa Recycled Plastics Market - Analysis and Forecast to 2028 (US$ Million)
10.1.1.1 South Africa: Middle East and Africa Recycled Plastics Market -Analysis and Forecast to 2028 (US$ Million)
10.1.1.1.1 South Africa: Middle East and Africa Recycled Plastics Market, by Type
10.1.1.1.2 South Africa: Middle East and Africa Recycled Plastics Market, by Source
10.1.1.1.3 South Africa: Middle East and Africa Recycled Plastics Market, by Application
10.1.1.2 Saudi Arabia: Middle East and Africa Recycled Plastics Market -Analysis and Forecast to 2028 (US$ Million)
10.1.1.2.1 Saudi Arabia: Middle East and Africa Recycled Plastics Market, by Type
10.1.1.2.2 Saudi Arabia: Middle East and Africa Recycled Plastics Market, by Source
10.1.1.2.3 Saudi Arabia: Middle East and Africa Recycled Plastics Market, by Application
10.1.1.3 UAE: Middle East and Africa Recycled Plastics Market -Analysis and Forecast to 2028 (US$ Million)
10.1.1.3.1 UAE: Middle East and Africa Recycled Plastics Market, by Type
10.1.1.3.2 UAE: Middle East and Africa Recycled Plastics Market, by Source
10.1.1.3.3 UAE: Middle East and Africa Recycled Plastics Market, by Application
10.1.1.4 Rest of the Middle East and Africa: Middle East and Africa Recycled Plastics Market -Analysis and Forecast to 2028 (US$ Million)
10.1.1.4.1 Rest of the Middle East and Africa: Middle East and Africa Recycled Plastics Market, by Type
10.1.1.4.2 Rest of the Middle East and Africa: Middle East and Africa Recycled Plastics Market, by Source
10.1.1.4.3 Rest of the Middle East and Africa: Middle East and Africa Recycled Plastics Market, by Application

11. Industry Landscape
11.1 Overview
11.1.1 Market Initiative
11.2 New Product Development
11.3 Merger and Acquisition

12. Company Profiles
12.1 Remondis SE & Co. Kg
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Veolia
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Alpek S.A.B. de C.V
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Plastipak Holdings Inc.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Financial Overview
12.4.4 SWOT Analysis
12.4.5 Key Developments

13. Appendix
13.1 About the Publisher
13.2 Glossary of Terms

List of Figures
Figure 1. Middle East and Africa Recycled Plastic Market Segmentation
Figure 2. Middle East and Africa Recycled Plastic Market Overview
Figure 3. Middle East and Africa Recycled Plastic Market, By Application
Figure 4. Middle East and Africa Recycled Plastic Market, by Country
Figure 5. Porter’s Five Forces Analysis of Middle East and Africa Recycled Plastic Market
Figure 6. Middle East and Africa Recycled Plastic Market, Ecosystem
Figure 7. Expert Opinion
Figure 8. Middle East and Africa Recycled Plastic Market Impact Analysis of Drivers and Restraints
Figure 9. Middle East and Africa Recycled Plastic Market - Revenue and Forecast to 2028 (US$ Mn)
Figure 10. Middle East and Africa Recycled Plastic Market -Volume and Forecast to 2028 (Kilo Tons)
Figure 11. Middle East and Africa: Middle East and Africa Recycled Plastics Market Revenue Share, by Type (2021 and 2028)
Figure 12. Polyethylene Terephthalate: Middle East and Africa Recycled Plastics Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 13. Polyethylene Terephthalate: Middle East and Africa Recycled Plastics Market -Volume and Forecast To 2028 (Kilo Tons)
Figure 14. Polyethylene: Middle East and Africa Recycled Plastics Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 15. Polyethylene: Middle East and Africa Recycled Plastics Market -Volume and Forecast To 2028 (Kilo Tons)
Figure 16. Polypropylene: Middle East and Africa Recycled Plastics Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 17. Polypropylene: Middle East and Africa Recycled Plastics Market -Volume and Forecast To 2028 (Kilo Tons)
Figure 18. Polystyrene: Middle East and Africa Recycled Plastics Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 19. Polystyrene: Middle East and Africa Recycled Plastics Market -Volume and Forecast To 2028 (Kilo Tons)
Figure 20. Others: Middle East and Africa Recycled Plastics Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 21. Others: Middle East and Africa Recycled Plastics Market -Volume and Forecast To 2028 (Kilo Tons)
Figure 22. Middle East and Africa: Middle East and Africa Recycled Plastics Market Revenue Share, by Source (2021 and 2028)
Figure 23. Plastic Bottles: Middle East and Africa Recycled Plastics Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 24. Plastic Films: Middle East and Africa Recycled Plastics Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 25. Plastic Foams: Middle East and Africa Recycled Plastics Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 26. Plastic Fibers: Middle East and Africa Recycled Plastics Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 27. Others: Middle East and Africa Recycled Plastics Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 28. Middle East and Africa: Middle East and Africa Recycled Plastics Market Revenue Share, by Application (2021 and 2028)
Figure 29. Packaging: Middle East and Africa Recycled Plastics Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 30. Textile: Middle East and Africa Recycled Plastics Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 31. Automotive: Middle East and Africa Recycled Plastics Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 32. Building and Construction: Middle East and Africa Recycled Plastics Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 33. Electrical and Electronics: Middle East and Africa Recycled Plastics Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 34. Others: Middle East and Africa Recycled Plastics Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 35. Overview : Middle East and Africa Recycled Plastics Market - (US$ Million)
Figure 36. Middle East and Africa: Middle East and Africa Recycled Plastics Market, by Key Country
Figure 37. Middle East and Africa: Middle East and Africa Recycled Plastics Market Revenue Share, By Key Country (2020 And 2028)
Figure 38. South Africa: Middle East and Africa Recycled Plastics Market -Revenue and Forecast to 2028 (US$ Million)
Figure 39. South Africa: Middle East and Africa Recycled Plastics Market -Volume and Forecast to 2028 (Kilo Tons)
Figure 40. Saudi Arabia: Middle East and Africa Recycled Plastics Market -Revenue and Forecast to 2028 (US$ Million)
Figure 41. Saudi Arabia: Middle East and Africa Recycled Plastics Market -Volume and Forecast to 2028 (Kilo Tons)
Figure 42. UAE: Middle East and Africa Recycled Plastics Market -Revenue and Forecast to 2028 (US$ Million)
Figure 43. UAE: Middle East and Africa Recycled Plastics Market -Volume and Forecast to 2028 (Kilo Tons)
Figure 44. Rest of the Middle East and Africa: Middle East and Africa Recycled Plastics Market -Revenue and Forecast to 2028 (US$ Million)
Figure 45. Rest of the Middle East and Africa: Middle East and Africa Recycled Plastics Market -Volume and Forecast to 2028 (Kilo Tons)List of Tables
Table 1. Middle East and Africa Recycled Plastic Market -Revenue and Forecast to 2028 (US$ Mn)
Table 2. Middle East and Africa Recycled Plastic Market -Volume and Forecast to 2028 (Kilo Tons)
Table 3. Middle East and Africa Recycled Plastics Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 4. Middle East and Africa Recycled Plastics Market, by Type - Volume and Forecast to 2028 (Kilo Tons)
Table 5. Middle East and Africa Recycled Plastics Market, by Source- Revenue and Forecast to 2028 (US$ Million)
Table 6. Middle East and Africa Recycled Plastics Market, by Application- Revenue and Forecast to 2028 (US$ Million)
Table 7. South Africa Middle East and Africa Recycled Plastics Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 8. South Africa Middle East and Africa Recycled Plastics Market, by Type - Volume and Forecast to 2028 (Kilo Tons)
Table 9. South Africa Middle East and Africa Recycled Plastics Market, by Source- Revenue and Forecast to 2028 (US$ Million)
Table 10. South Africa Middle East and Africa Recycled Plastics Market, by Application- Revenue and Forecast to 2028 (US$ Million)
Table 11. Saudi Arabia Middle East and Africa Recycled Plastics Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 12. Saudi Arabia Middle East and Africa Recycled Plastics Market, by Type - Volume and Forecast to 2028 (Kilo Tons)
Table 13. Saudi Arabia Middle East and Africa Recycled Plastics Market, by Source- Revenue and Forecast to 2028 (US$ Million)
Table 14. Saudi Arabia Middle East and Africa Recycled Plastics Market, by Application- Revenue and Forecast to 2028 (US$ Million)
Table 15. UAE Middle East and Africa Recycled Plastics Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 16. UAE Middle East and Africa Recycled Plastics Market, by Type - Volume and Forecast to 2028 (Kilo Tons)
Table 17. UAE Middle East and Africa Recycled Plastics Market, by Source- Revenue and Forecast to 2028 (US$ Million)
Table 18. UAE Middle East and Africa Recycled Plastics Market, by Application- Revenue and Forecast to 2028 (US$ Million)
Table 19. Rest of the Middle East and Africa Recycled Plastics Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 20. Rest of the Middle East and Africa Recycled Plastics Market, by Type - Volume and Forecast to 2028 (Kilo Tons)
Table 21. Rest of the Middle East and Africa Recycled Plastics Market, by Source- Revenue and Forecast to 2028 (US$ Million)
Table 22. Rest of the Middle East and Africa Recycled Plastics Market, by Application- Revenue and Forecast to 2028 (US$ Million)
Table 23. Glossary of Terms, Middle East and Africa Recycled Plastic Market

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Remondis SE & Co. Kg
  • Veolia
  • Alpek S.A.B. de C.V.
  • Plastipak Holdings Inc.