
Plastic Waste Management Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Description
Plastic Waste Management Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Plastic Waste Management Market
The plastic waste management market size was valued at USD 32.91 billion in 2019, and the market is now projected to grow from USD 32.91 billion in 2019 to USD 41.58 billion by 2032, exhibiting a CAGR of 3.1% during the forecast period of 2019-2032.
Pandemic has significantly impacted international plastic waste management market growth, with a projected decline in year-on-year boom due to delivery chain disruptions, resulting in a lower CAGR for the marketplace this year.
Leading worldwide corporations have shaped the 'Alliance to End Plastic Waste' in London to combat plastic pollution, in particular in oceans. The alliance has dedicated USD 1.5 billion over five years and has developed techniques which includes infrastructure improvement, modern waste management technologies, community training, and cleansing up polluted regions. The alliance objectives to put off plastic pollutants inside the future via encouraging the adoption of plastic waste control offerings and promoting training at all degrees of groups.
Technological innovations like Machine Learning and big data are revolutionizing plastic waste management by saving time and enabling eco-friendly resource making plans. These technologies also allow ocean plastic trash identity via satellites, figuring out focused areas and saving corporations time and sources in accumulating plastic waste.
Comprehensive Analysis of Plastic Waste Management Market
The plastic waste market is divided into industrial and municipal waste, with industrial waste being the fastest-growing due to rapid industrialization and strict environmental regulations. Municipal waste, mainly generated from households and commercial estates, accounts for 12% of global plastic waste generation. The market is labelled into polyethylene, polypropylene, and polyethylene polystyrene. Polyethylene is the most important produced and ate up polymer globally, accounting for over 35% of intake in construction and electronics industries. Packaging, creation, car, electric powered, and electronics are the main product types on this marketplace. In 2019, packaging accounted for the most important sales percentage, with a CAGR of 3.4%. The plastic waste treatment method is split into series, recycling, and disposal. Collection is a complex process with high operating costs, and proper resource use is crucial. Disposal, including landfilling and incineration, is widely adopted in many countries, with potential for recreational activities.
The Asia Pacific region lead the plastic waste management market share by benefitting a market size of USD 11.08 billion in 2019 due to developed countries like Japan, South Korea, Australia, and New Zealand are driving the marketplace growth thru strict environmental regulations and high series charges. However, the shortage of right collection and control and the 'throw away way of life' in developing economies pose good sized challenges for the marketplace's increase.
The listing of key players inside the regional plastic waste control marketplace consists of Waste Management Inc., SUEZ Group, Veolia Environment S.A., Biffa PLC, Clean Harbors Inc., Covanta Holdings Corporation, Hitachi Zosen Corporation, Remondis AG and Co. Kg, Republic Services Inc., Tericycle Inc., ALBA Group, Recology, TANA Oy, and Envac Group.
Biffa p.C received Green Circle Polymers' put up-patron plastic recycling facility in Scotland in June 2021, with the strategic acquisition aimed towards increasing the agency's plastic recycling capability by 2030.
Segmentation Table
ATTRIBUTE DETAILS
Study Period 2016-2027
Base Year 2019
Forecast Period 2020-2027
Historical Period 2016-2018
Unit Value (USD Billion)
SegmentationBy Source
Industrial Waste
Municipal Waste
By Material
Polyethylene
Polypropylene
Polyethylene Terephthalate
Polystyrene
Others
By Product Type
Packaging
Construction
Automotive
Electrical & Electronics
Others
By Treatment Method
Collection
Recycling
Disposal
Landfilling
Incineration
By Region
North America (U.S. and Canada)
Europe (Germany, UK, France, Italy, and Rest of Europe)
Asia Pacific (China, India, Japan, ASEAN, and Rest of Asia Pacific)
Latin America (Brazil, Mexico, and Rest of Latin America)
The Middle East& Africa (The Middle East and Africa)
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Table of Contents
120 Pages
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
- 4. Key Insights
- 4.1. Key Emerging Trends in Global Market
- 4.2. Latest Technological Advancements
- 4.3. Insights on Regulatory Scenario
- 4.4. Porters Five Forces Analysis
- 4.5. Key developments: Acquisition, Collaboration, Strategic Partnership, and Joint Venture
- 5. Global Plastic Waste Management Market Analysis, Insights and Forecast – By Source, 2016-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Source
- 5.2.1. Industrial
- 5.2.2. Municipal
- 6. Global Plastic Waste Management Market Analysis, Insights and Forecast – By Material, 2016-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Material
- 6.2.1. Polyethylene
- 6.2.2. Polypropylene
- 6.2.3. Polyethylene Terephthalate
- 6.2.4. Polystyrene
- 6.2.5. Others
- 7. Global Plastic Waste Management Market Analysis, Insights and Forecast – By Product Type, 2016-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Product Type
- 7.2.1. Packaging
- 7.2.2. Construction
- 7.2.3. Automotive
- 7.2.4. Electrical & Electronics
- 7.2.5. Others
- 8. Global Plastic Waste Management Market Analysis, Insights and Forecast – By Treatment Method, 2016-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Treatment Method
- 8.2.1. Collection
- 8.2.2. Recycling
- 8.2.3. Disposal
- 8.2.3.1. Landfilling
- 8.2.3.2. Incineration
- 9. Global Plastic Waste Management Market Analysis, Insights and Forecast – By Region, 2016-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Region
- 9.2.1. North America
- 9.2.2. Europe
- 9.2.3. Asia Pacific
- 9.2.4. Latin America
- 9.2.5. Middle East & Africa
- 10. North America Plastic Waste Management Market Analysis, Insights and Forecast, 2016-2027
- 10.1. Key Findings / Summary
- 10.2. Market Analysis – By Source
- 10.2.1. Industrial
- 10.2.2. Municipal
- 10.3. Market Analysis – By Material
- 10.3.1. Polyethylene
- 10.3.2. Polypropylene
- 10.3.3. Polyethylene Terephthalate
- 10.3.4. Polystyrene
- 10.3.5. Others
- 10.4. Market Analysis – By Product Type
- 10.4.1. Packaging
- 10.4.2. Construction
- 10.4.3. Automotive
- 10.4.4. Electrical & Electronics
- 10.4.5. Others
- 10.5. Market Analysis – By Treatment Method
- 10.5.1. Collection
- 10.5.2. Recycling
- 10.5.3. Disposal
- 10.5.3.1. Landfilling
- 10.5.3.2. Incineration
- 10.6. Market Analysis – By Country
- 10.6.1. U.S.
- 10.6.2. Canada
- 11. Europe Plastic Waste Management Market Analysis, Insights and Forecast, 2016-2027
- 11.1. Key Findings / Summary
- 11.2. Market Analysis – By Source
- 11.2.1. Industrial
- 11.2.2. Municipal
- 11.3. Market Analysis – By Material
- 11.3.1. Polyethylene
- 11.3.2. Polypropylene
- 11.3.3. Polyethylene Terephthalate
- 11.3.4. Polystyrene
- 11.3.5. Others
- 11.4. Market Analysis – By Product Type
- 11.4.1. Packaging
- 11.4.2. Construction
- 11.4.3. Automotive
- 11.4.4. Electrical & Electronics
- 11.4.5. Others
- 11.5. Market Analysis – By Treatment Method
- 11.5.1. Collection
- 11.5.2. Recycling
- 11.5.3. Disposal
- 11.5.3.1. Landfilling
- 11.5.3.2. Incineration
- 11.6. Market Analysis – By Country
- 11.6.1. Germany
- 11.6.2. U.K.
- 11.6.3. France
- 11.6.4. Italy
- 11.6.5. Rest of Europe
- 12. Asia Pacific Plastic Waste Management Market Analysis, Insights and Forecast, 2016-2027
- 12.1. Key Findings / Summary
- 12.2. Market Analysis – By Source
- 12.2.1. Industrial
- 12.2.2. Municipal
- 12.3. Market Analysis – By Material
- 12.3.1. Polyethylene
- 12.3.2. Polypropylene
- 12.3.3. Polyethylene Terephthalate
- 12.3.4. Polystyrene
- 12.3.5. Others
- 12.4. Market Analysis – By Product Type
- 12.4.1. Packaging
- 12.4.2. Construction
- 12.4.3. Automotive
- 12.4.4. Electrical & Electronics
- 12.4.5. Others
- 12.5. Market Analysis – By Treatment Method
- 12.5.1. Collection
- 12.5.2. Recycling
- 12.5.3. Disposal
- 12.5.3.1. Landfilling
- 12.5.3.2. Incineration
- 12.6. Market Analysis – By Country
- 12.6.1. China
- 12.6.2. India
- 12.6.3. Japan
- 12.6.4. ASEAN
- 12.6.5. Rest of Asia Pacific
- 13. Latin America Plastic Waste Management Market Analysis, Insights and Forecast, 2016-2027
- 13.1. Key Findings / Summary
- 13.2. Market Analysis – By Source
- 13.2.1. Industrial
- 13.2.2. Municipal
- 13.3. Market Analysis – By Material
- 13.3.1. Polyethylene
- 13.3.2. Polypropylene
- 13.3.3. Polyethylene Terephthalate
- 13.3.4. Polystyrene
- 13.3.5. Others
- 13.4. Market Analysis – By Product Type
- 13.4.1. Packaging
- 13.4.2. Construction
- 13.4.3. Automotive
- 13.4.4. Electrical & Electronics
- 13.4.5. Others
- 13.5. Market Analysis – By Treatment Method
- 13.5.1. Collection
- 13.5.2. Recycling
- 13.5.3. Disposal
- 13.5.3.1. Landfilling
- 13.5.3.2. Incineration
- 13.6. Market Analysis – By Country
- 13.6.1. Brazil
- 13.6.2. Mexico
- 13.6.3. Rest of Latin America
- 14. Middle East & Africa Plastic Waste Management Market Analysis, Insights and Forecast, 2016-2027
- 14.1. Key Findings / Summary
- 14.2. Market Analysis – By Source
- 14.2.1. Industrial
- 14.2.2. Municipal
- 14.3. Market Analysis – By Material
- 14.3.1. Polyethylene
- 14.3.2. Polypropylene
- 14.3.3. Polyethylene Terephthalate
- 14.3.4. Polystyrene
- 14.3.5. Others
- 14.4. Market Analysis – By Product Type
- 14.4.1. Packaging
- 14.4.2. Construction
- 14.4.3. Automotive
- 14.4.4. Electrical & Electronics
- 14.4.5. Others
- 14.5. Market Analysis – By Treatment Method
- 14.5.1. Collection
- 14.5.2. Recycling
- 14.5.3. Disposal
- 14.5.3.1. Landfilling
- 14.5.3.2. Incineration
- 14.6. Market Analysis – By Sub-Region
- 14.6.1. Middle East
- 14.6.2. Africa
- 15. Competitive Analysis
- 15.1. Company Market Share Analysis, By Key Players, 2019
- 15.2. Company Profiles (Overview, Products & Services, Recent Developments, Strategies, Financials (based on availability))
- 15.2.1. Waste Management Inc.
- 15.2.1.1. Overview
- 15.2.1.2. Products & Services
- 15.2.1.3. Recent Developments
- 15.2.1.4. Strategies
- 15.2.1.5. Financials (based on availability)
- 15.2.2. SUEZ Group
- 15.2.2.1. Overview
- 15.2.2.2. Products & Services
- 15.2.2.3. Recent Developments
- 15.2.2.4. Strategies
- 15.2.2.5. Financials (based on availability)
- 15.2.3. Veolia Environment S.A.
- 15.2.3.1. Overview
- 15.2.3.2. Products & Services
- 15.2.3.3. Recent Developments
- 15.2.3.4. Strategies
- 15.2.3.5. Financials (based on availability)
- 15.2.4. Biffa PLC
- 15.2.4.1. Overview
- 15.2.4.2. Products & Services
- 15.2.4.3. Recent Developments
- 15.2.4.4. Strategies
- 15.2.4.5. Financials (based on availability)
- 15.2.5. Clean Harbors, Inc.
- 15.2.5.1. Overview
- 15.2.5.2. Products & Services
- 15.2.5.3. Recent Developments
- 15.2.5.4. Strategies
- 15.2.5.5. Financials (based on availability)
- 15.2.6. Covanta Holding Corporation
- 15.2.6.1. Overview
- 15.2.6.2. Products & Services
- 15.2.6.3. Recent Developments
- 15.2.6.4. Strategies
- 15.2.6.5. Financials (based on availability)
- 15.2.7. Hitachi Zosen Corporation
- 15.2.7.1. Overview
- 15.2.7.2. Products & Services
- 15.2.7.3. Recent Developments
- 15.2.7.4. Strategies
- 15.2.7.5. Financials (based on availability)
- 15.2.8. Remondis AG & Co. Kg
- 15.2.8.1. Overview
- 15.2.8.2. Products & Services
- 15.2.8.3. Recent Developments
- 15.2.8.4. Strategies
- 15.2.8.5. Financials (based on availability)
- 15.2.9. Republic Services Inc.
- 15.2.9.1. Overview
- 15.2.9.2. Products & Services
- 15.2.9.3. Recent Developments
- 15.2.9.4. Strategies
- 15.2.9.5. Financials (based on availability)
- 15.2.10. Stericycle Inc.
- 15.2.10.1. Overview
- 15.2.10.2. Products & Services
- 15.2.10.3. Recent Developments
- 15.2.10.4. Strategies
- 15.2.10.5. Financials (based on availability)
- 15.2.11. Advanced Disposal Services Inc.
- 15.2.11.1. Overview
- 15.2.11.2. Products & Services
- 15.2.11.3. Recent Developments
- 15.2.11.4. Strategies
- 15.2.11.5. Financials (based on availability)
- 15.2.12. ALBA Group
- 15.2.12.1. Overview
- 15.2.12.2. Products & Services
- 15.2.12.3. Recent Developments
- 15.2.12.4. Strategies
- 15.2.12.5. Financials (based on availability)
- 15.2.13. Recology
- 15.2.13.1. Overview
- 15.2.13.2. Products & Services
- 15.2.13.3. Recent Developments
- 15.2.13.4. Strategies
- 15.2.13.5. Financials (based on availability)
- 15.2.14. TANA Oy
- 15.2.14.1. Overview
- 15.2.14.2. Products & Services
- 15.2.14.3. Recent Developments
- 15.2.14.4. Strategies
- 15.2.14.5. Financials (based on availability)
- 15.2.15. Envac Group
- 15.2.15.1. Overview
- 15.2.15.2. Products & Services
- 15.2.15.3. Recent Developments
- 15.2.15.4. Strategies
- 15.2.15.5. Financials (based on availability)
- 16. Strategic Recommendations
Pricing
Currency Rates
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