Post Consumer Recycled Bottles Market Latest Advancements and Business Opportunities 2027
Recycling of plastic bottles can help to conserve the additional 80% of energy that is generally used for manufacturing new bottles, containers, and other products. Post consumer recycled bottles have a high scrap value per ton. For each ton of plastic that is recycled, independent research estimates that 7 yards of landfill space is saved. Post consumer recycled bottles are more environment friendly as compared to non-recycled single use PET bottles. Less than half of the plastic bottles sold in 2016 were collected from recycling and just around 7% of those collected were turned into new plastic bottles.
It has been estimated that around 10-12 million
tons plastic leaks into the world’s ocean every year which is ingested by fish,
sea birds, and other organisms. Post consumer recycled bottles manufacturers
helps in reducing the environmental crisis due to serious climate change.
Therefore, there needs to be a massive shift in preference for post consumer
recycled bottles to avoid the landfill problem.
Request Sample @ https://www.futuremarketinsights.com/reports/sample/rep-gb-6679
Post Consumer Recycled Bottles Market
– Overview
Post consumer recycled bottles are made up of the
materials that have reached the end of their effective life cycle as consumer
products and are re-manufactured and re-captured into new bottles. Post
consumer recycled bottles market is growing due to high demand for sustainable
packaging products. Therefore, large number of manufacturers adopting new
strategies for the production of environment friendly packaging solutions.
Manufacturing companies come up with various new technologies in producing post
consumer recycled bottles.
Developments in the material sorting facilities
across the globe have contributed considerably to the advancement of the post
consumer recycled bottles. The recycled plastic obtain from material sorting
plants are light in weight and environment friendly. Post consumer recycled
bottles has various properties such as crack resistance and strength. Various
market players are focusing on sustainable principles due to large
environmental benefits in using recycled products. Recycled plastic is light
weight in nature as compared to conventional plastic which is also driving the
growth of post consumer recycled bottles market.
Post Consumer Recycled Bottles Market
– Methodology
The sources which have been used to validate the
estimated market size include annual reports of key market players, industry
journals & magazines, research papers, and other relevant data available in
the public domain. Primary sources referred include focused discussions with C
level executives, distributors, independent consultants, and key industry
experts, among others.
Post Consumer Recycled Bottles Market
– Regional Outlook
On the basis of geography, global post consumer
recycled bottles market region is segmented into North America, Latin America,
Asia-Pacific excluding Japan (APEJ), Eastern Europe, Western Europe, Middle
East & Africa (MEA), and Japan. Among these regions, North America is a
leading manufacturer of post consumer recycled bottles, as US and Canada have
set up material sorting infrastructure, and is expected to witness a high
growth in the post consumer recycled bottles market.
Along with North America, Asia Pacific is also
anticipated to grow at the significant rate during the forecast period.
Emerging economies such as India and China are anticipated to be the
significant contributors to the growth of the APEJ post consumer recycled
bottles market.
Post
Consumer Recycled Bottles Market – Key Players
Some of the key
players operating in the global post consumer recycled bottles market are
segmented into three tiers as tier 1, tier 2, and tier 3.
Tier 1:
- The Procter & Gamble Company
- Amcor Limited
- Graham Packaging Company Inc.
Tier 2:
- Placon Corporation Inc.
- Method Products, Inc.
- Ecover Belgium NV
- Silgan Plastics
Tier 3:
- Direct Pack, Inc.
- Envision Plastics Industries LLC.
- M&H Plastics Ltd.
- Phoenix Technologies
Post Consumer Recycled Bottles Market
– Key Developments
The global post
consumer recycled bottles market is characterized by several new design level
trends. Therefore, the competition is in terms of packaging optimization
- In February 2018, Ecover launched 100% post
consumer recycled bottles, which are made from post consumer PET and has
around 70% lower carbon footprint, compared to its non-recycled
counterpart.
- In October 2017, P & G launched the
recycled bottle named as Fairy Ocean Plastic bottle which is made
completely from post consumer recycled plastic and ocean plastic.
Post
Consumer Recycled Bottles Market – Segmentation
The global consumer
recycled bottles market is segmented on the basis of material type, layer type
and by process. The pricing has been tracked on the basis of product type
segment.
On the basis of
material type, the global post consumer recycled bottles market is segmented as
follows:
- Polyethylene terephthalate (PET)
- Polypropylene (PP)
- High density Polypropylene (HDPE)
On the basis of
layer type, the global post consumer recycled bottles market is segmented as
follows:
- Monolayer
- Bi-Layer
- Tri-Layer
On the basis of
process type, the global post consumer recycled bottles market is segmented as
follows:
- Mechanical Process
- Melting
- Refining
- Chemical Process
Comments
Post a Comment