The Global Recycled Polyethylene Market Size is valued at 13.59 billion in 2022 and is predicted to reach 34.07 billion by the year 2031 at a 10.94% CAGR during the forecast period for 2023-2031.
The market for recycled polyethylene is experiencing rapid growth due to the mounting concern among companies and consumers regarding sustainability and waste reduction. Recycled Polyethylene, a type of PET plastic that has undergone recycling, finds applications in diverse sectors such as packaging, textiles, and automotive components. Several factors propel market growth, including government regulations focused on plastic waste reduction, growing consumer demand for sustainable products, and the cost advantages it offers compared to virgin RP.
Furthermore, continuous advancements in recycling technology are enhancing the ease and efficiency of the recycling process. Due to its popularity, recycled Polyethylene (RP) is widely utilized in diverse sectors such as packaging, textiles, automotive, and construction. However, it is in packaging where RP finds its most significant market share. The reason behind this dominance is the current substantial demand for environmentally friendly and sustainable packaging solutions.
The recycled polyethylene market is segmented based on product, grade, application and end users. Based on product, the recycled polyethylene market is segmented as low-density Polyethylene, high-density Polyethylene and low-linear- -density polyethylene. Based on grade, the recycled polyethylene market is segmented into injection, food, and others. The market is segmented by application into bottles & containers, films & sheets, bags & sacks, pipes & fittings, and others. Based on end users, the recycled polyethylene market is segmented as packaging, automotive, textiles, agriculture, construction and consumer electronics.
The category is expected to hold a major share of the global Recycled Polyethylene market in 2022. There is a growing trend in using recycled Polyethylene in food-grade applications. This is driven by several elements, including the need for sustainable packaging solutions, increased consumer demand for environmentally friendly products, and regulatory requirements for food safety. The material undergoes rigorous testing and certification processes to ensure the safety of direct contact with food. Using recycled Polyethylene in food-grade applications offers several benefits. It reduces the dependence on virgin plastic, conserves resources, and minimizes waste generation.
The packaging segment is projected to develop rapidly in the global recycled polyethylene market. Recycled Polyethylene is widely employed in diverse packaging applications, serving as a sustainable and environmentally friendly substitute for virgin Polyethylene. This utilization helps diminish the ecological footprint linked to conventional packaging materials. Here are some essential aspects of the application of recycled Polyethylene in packaging. Recycled Polyethylene is extensively utilized in packaging consumer goods, including food products, beverages, personal care items, and household products. It imparts robustness, durability, and effective barrier properties crucial for safeguarding and maintaining the quality of packaged goods.
The North America recycled polyethylene market is expected to register the tremendous highest market share due to rapid industrialization in emerging economies, along with increasing per capita income, population growth, and government policies promoting proper waste disposal and recycling of non-biodegradable products, contributing to making this region a prominent market. The textile industry's growth and exports further enhance the region's position in this market. In addition, Europe is projected to grow rapidly in the global recycled polyethylene market. The region experiences a substantial generation of plastic waste, leading to the establishment of a robust recycling industry for plastics, including PET. Moreover, the region hosts numerous major manufacturers and recyclers of recycled PET (R-PET), making it a central hub for R-PET production and consumption.
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Report Attribute |
Specifications |
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Market size value in 2022 |
USD 13.59 Bn |
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Revenue forecast in 2031 |
USD 34.07 Bn |
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Growth rate CAGR |
CAGR of 10.94 % from 2023 to 2031 |
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Quantitative units |
Representation of revenue in US$ Billion, and CAGR from 2023 to 2031 |
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Historic Year |
2019 to 2022 |
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Forecast Year |
2023-2031 |
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Report coverage |
The forecast of revenue, the position of the company, the competitive market statistics, growth prospects, and trends |
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Segments covered |
Product, Grade, Application And End Users |
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Regional scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; The UK; France; Italy; Spain; China; Japan; India; South Korea; Southeast Asia; South Korea; Southeast Asia |
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Competitive Landscape |
Suez, Jayla’s, B&B Plastics, Green Line Polymers, Veolia, Clear Path Recycling, Custom Polymers, B. Schoenberg & Co., KW Plastics and Plastipak Holdings among others |
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Customization scope |
Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing and available payment methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Recycled Polyethylene Market Snapshot
Chapter 4. Global Recycled Polyethylene Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Industry Analysis – Porter’s Five Forces Analysis
4.7. Competitive Landscape & Market Share Analysis
4.8. Impact of Covid-19 Analysis
Chapter 5. Market Segmentation 1: by Product Type Estimates & Trend Analysis
5.1. by Product Type & Market Share, 2019 & 2031
5.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2031 for the following by Product Type:
5.2.1. Low-density Polyethylene (LDPE)
5.2.2. High-density Polyethylene (HDPE)
5.2.3. Linear Low-density Polyethylene (LLDPE)
5.2.4. Others
Chapter 6. Market Segmentation 2: by Grade Estimates & Trend Analysis
6.1. by Grade & Market Share, 2019 & 2031
6.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2031 for the following by Grade:
6.2.1. Injection Grade
6.2.2. Food Grade
6.2.3. Others
Chapter 7. Market Segmentation 3: by Application Estimates & Trend Analysis
7.1. by Application & Market Share, 2019 & 2031
7.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2031 for the following by Application:
7.2.1. Bottles & Containers
7.2.2. Films & Sheets
7.2.3. Bags & Sacks
7.2.4. Pipes & Fittings
7.2.5. Others
Chapter 8. Market Segmentation 4: by End-use Estimates & Trend Analysis
8.1. by End-use & Market Share, 2019 & 2031
8.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2031 for the following by End-use:
8.2.1. Packaging
8.2.2. Construction
8.2.3. Automotive
8.2.4. Agriculture
8.2.5. Consumer Electronics
8.2.6. Others
Chapter 9. Recycled Polyethylene Market Segmentation 5: Regional Estimates & Trend Analysis
9.1. North America
9.1.1. North America Recycled Polyethylene Market Revenue (US$ Million) Estimates and Forecasts by Product Type, 2023-2031
9.1.2. North America Recycled Polyethylene Market Revenue (US$ Million) Estimates and Forecasts by Grade, 2023-2031
9.1.3. North America Recycled Polyethylene Market Revenue (US$ Million) Estimates and Forecasts by Application, 2023-2031
9.1.4. North America Recycled Polyethylene Market Revenue (US$ Million) Estimates and Forecasts by End-use, 2023-2031
9.1.5. North America Recycled Polyethylene Market Revenue (US$ Million) Estimates and Forecasts by country, 2023-2031
9.2. Europe
9.2.1. Europe Recycled Polyethylene Market Revenue (US$ Million) Estimates and Forecasts by Product Type, 2023-2031
9.2.2. Europe Recycled Polyethylene Market Revenue (US$ Million) Estimates and Forecasts by Grade, 2023-2031
9.2.3. Europe Recycled Polyethylene Market Revenue (US$ Million) Estimates and Forecasts by Application, 2023-2031
9.2.4. Europe Recycled Polyethylene Market Revenue (US$ Million) Estimates and Forecasts by End-use, 2023-2031
9.2.5. Europe Recycled Polyethylene Market Revenue (US$ Million) Estimates and Forecasts by country, 2023-2031
9.3. Asia Pacific
9.3.1. Asia Pacific Recycled Polyethylene Market Revenue (US$ Million) Estimates and Forecasts by Product Type, 2023-2031
9.3.2. Asia Pacific Recycled Polyethylene Market Revenue (US$ Million) Estimates and Forecasts by Grade, 2023-2031
9.3.3. Asia-Pacific Recycled Polyethylene Market Revenue (US$ Million) Estimates and Forecasts by Application, 2023-2031
9.3.4. Asia-Pacific Recycled Polyethylene Market Revenue (US$ Million) Estimates and Forecasts by End-use, 2023-2031
9.3.5. Asia Pacific Recycled Polyethylene Market Revenue (US$ Million) Estimates and Forecasts by country, 2023-2031
9.4. Latin America
9.4.1. Latin America Recycled Polyethylene Market Revenue (US$ Million) Estimates and Forecasts by Product Type, 2023-2031
9.4.2. Latin America Recycled Polyethylene Market Revenue (US$ Million) Estimates and Forecasts by Grade, 2023-2031
9.4.3. Latin America Recycled Polyethylene Market Revenue (US$ Million) Estimates and Forecasts by Application, 2023-2031
9.4.4. Latin America Recycled Polyethylene Market Revenue (US$ Million) Estimates and Forecasts by End-use, 2023-2031
9.4.5. Latin America Recycled Polyethylene Market Revenue (US$ Million) Estimates and Forecasts by country, 2023-2031
9.5. Middle East & Africa
9.5.1. Middle East & Africa Recycled Polyethylene Market Revenue (US$ Million) Estimates and Forecasts by Product Type, 2023-2031
9.5.2. Middle East & Africa Recycled Polyethylene Market Revenue (US$ Million) Estimates and Forecasts by Grade, 2023-2031
9.5.3. Middle East & Africa Recycled Polyethylene Market Revenue (US$ Million) Estimates and Forecasts by Application, 2023-2031
9.5.4. Middle East & Africa Recycled Polyethylene Market Revenue (US$ Million) Estimates and Forecasts by End-use, 2023-2031
9.5.5. Middle East & Africa Recycled Polyethylene Market Revenue (US$ Million) Estimates and Forecasts by country, 2023-2031
Chapter 10. Competitive Landscape
10.1. Major Mergers and Acquisitions/Strategic Alliances
10.2. Company Profiles
10.2.1. Birch Plastics Inc.
10.2.2. Dart Container Corporation
10.2.3. Envision Plastics Industries
10.2.4. B & B Plastics Inc.
10.2.5. Indorama Ventures Public Company Limited
10.2.6. SUEZ
10.2.7. Republic Services Inc.
10.2.8. Waste Connections
10.2.9. Econic Technologies
10.2.10. CarbonLite Industries Inc.
10.2.11. Other Prominent Players
Recycled Polyethylene Market By Product-
Recycled Polyethylene Market By Grade-
Recycled Polyethylene Market By Applications
Recycled Polyethylene Market By End Users-
Recycled Polyethylene Market By Region-
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
To know more about the research methodology used for this study, kindly contact us/click here.
