India Waste Plastic Recycling Market 2022-2027 | Share, Price, Trends and Forecast
The latest research study “India Waste Plastic Recycling Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the India waste plastic recycling market size reached a volume of 7.78 Million Tons in 2021. Looking forward, the market expected to reach 16.58 Million Tons by 2027, exhibiting a CAGR of 11.80% during 2022-2027.
Waste plastic recycling involves collecting and reprocessing scrap or waste plastic into new useful products. Some commonly recycled plastic materials include polyethylene terephthalate, high-density polyethylene, low-density polyethylene, polypropylene, and polyvinyl chloride. These are lightweight, durable, and versatile and exhibit high-tensile strength, energy efficiency, and corrosion-resistant properties. They also help minimize the dependence on virgin polymers to manufacture new plastic products while reducing the harmful environmental impact of plastic waste. In India, waste plastic recycling has recently gained immense traction since recycled plastics find extensive applications across textile, packaging, construction, and automotive industries.
Get a PDF Sample for more detailed market insights: https://www.imarcgroup.com/india-waste-plastic-recycling-market/requestsample
India Waste Plastic Recycling Market Trends and Drivers:
The India waste plastic recycling market is primarily driven by the increasing consumer awareness about the negative impacts of plastic waste on the environment and human health. Moreover, the rising plastic wastage from various end use sectors, such as automotive, construction, food, and non-food contact packaging, has augmented the product demand.
Additionally, the Government of India (GOI) is implementing stringent regulations and recycling initiatives to reduce plastic waste production. Besides this, extensive investments in advanced waste treatment facilities and the introduction of sustainable plastic disposal solutions are also contributing to market growth. Furthermore, the shifting preferences from traditional virgin plastics toward recycled alternatives to minimize carbon footprint, especially in the packaging industry, has accelerated the product adoption rate.
Other factors, including the increasing focus on improving the quality and performance of recycled plastics, ongoing research and development (R&D) activities, and rising adoption of advanced technologies for effective plastic waste management, are also anticipated to propel the market growth.
Note: We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.
India Waste Plastic Recycling Market 2022-2027 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
India Waste Plastic Recycling Companies:
A1 Impex, Addonn Polycomponds Private Limited, GD Plast, Gravita India Limited, Jairam Plastic Industries, Key Exports, Luckystar International Pvt. Ltd., Manjushree Technopack Limited (AI Lenarco Midco Limited), Parkash Plastic, Polyraw Enterprises, R.B. Polymers, and Yadav Infrapolymers Private Limited.
Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/request?type=report&id=5056&flag=C
The report has segmented the market on the basis of region, treatment, material, application and recycling process.
Breakup by Treatment:
- Co-Processing
- Heat Compression
- Pyrolysis
- Landfill
- Incineration
- Others
Breakup by Material:
- Poly Vinyl Chloride (PVC)
- Low-Density Polyethylene (LDPE)
- High-Density Polyethylene (HDPE)
- Polyethylene Terephthalate (PET)
- Polypropylene (PP)
- Acrylonitrile Butadiene Styrene (ABS)
- Others
Breakup by Application:
- Packaging
- Construction
- Textile
- Automotive
- Others
Breakup by Recycling Process:
- Mechanical
- Others
Breakup by Region:
- North India
- West and Central India
- South India
- East India
If you want latest primary and secondary data (2022-2027) 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.
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- 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.
About Us:
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.
Contact Us:
IMARC Services Private Limited.
134 N 4th St.
Brooklyn, NY 11249, USA
Email: [email protected]
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
