Plastic waste management is a collective term for various approaches and strategies used to recycle plastic materials that would otherwise be dumped into landfills, or bodies of water, or otherwise contaminate the environment. The idea behind this type of waste management is to utilize those discarded materials to manufacture new plastic products without the need to actually generate additional plastic materials. Doing so can help lower production costs as well as protect the environment.
According to this study, over the next five years the Plastic Waste Management market will register a 4.3% CAGR in terms of revenue, the global market size will reach US$ 34900 million by 2024, from US$ 27100 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Plastic Waste Management business, shared in Chapter 3.
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The demand of plastics is huge and every year thousands of tones plastics is made, in turn much plastic waste would be generated and needs to be dealt with. Plastic Waste Management is aimed to reasonably deal with the plastic waste in order to protect the environment and save resources. Plastic Waste Management can help reduce the manufacturing cost of companies by recycling the materials. The treatment methods include landfill, recycle and incineration. Landfill is the main method adopted and about 44773 K MT was treated by landfill in 2016.
Plastic Waste Management companies include Veolia Environnement, Suez Environnement, Waste Management, Republic Services, Stericycle, Clean Harbors, ADS Waste Holdings, Progressive Waste Solutions and Covanta Holding. Veolia Environnement owns the biggest plastic waste treatment capacity and in 2016 Veolia Environnement dealt 1333 K MT plastic waste.
In future, for one hand the resources will be more and more valuable and the environment protection will be paid more attention on for another hand due to its unique characteristics plastics will be still well received and lots of waste will be made. So plastic waste management will be the important method to connect the environment protection and resource saving.
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
ADS Waste Holdings
Progressive Waste Solutions
New COOP Tianbao
China Recyling Development
This report presents a comprehensive overview, market shares, and growth opportunities of Plastic Waste Management market by product type, application, key manufacturers and key regions and countries.
This study considers the Plastic Waste Management value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Heat Energy Generation
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
To study and analyze the global Plastic Waste Management consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Plastic Waste Management market by identifying its various subsegments.
Focuses on the key global Plastic Waste Management manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Plastic Waste Management with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Plastic Waste Management submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.