Global Recycled Plastics Market | Petrochemicals Market Research - 0 views
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Infoholic Research on 09 Jun 20The study of the global recycled plastics market provides the market size information and industry trends along with the parameters and factors impacting it in both short- and long-term. The study also covers the competitive scenario of the market with respect to major players with their branding strategies and differentiating factors among others. The study ensures a 360° view, bringing out the complete key insights of the industry. These insights help the business decision-makers to make better business plans and informed decisions for the future business. In addition, the study helps venture capitalists and investment professionals in understanding the companies better and take informed decisions. According to Infoholic Research, the global recycled plastics market is expected to grow at a CAGR of 6.8% during the forecast period to reach a value of $66.73 billion by 2025. Regulatory changes by the European Union and China are expected to lead the market growth in the next five years; to be adopted by the US in the later stage. Among applications, bottling is expected to maintain its dominance, while films are expected to witness relatively higher growth.