Market Forecast by Countries (United States, Canada), By Processing Type (Mechanical, Chemical, Biological), By End Use (Packaging, Building & Construction, Automotive, Electronics, Furniture, Others), By Polymer Type (PP, LDPE, HDPE, PVC, PUR, PS, PET, PC), By Service (Collection & Transportation, Recycling, Incineration, Landfill ) And Competitive Landscape
Product Code: ETC4622679 | Publication Date: Jul 2023 | Updated Date: Dec 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 300 | |
Report Name | North America Post-Consumer Recycled Plastics Market |
Forecast period | 2025-2031 |
CAGR | 7% |
Growing Sector | Packaging |
The North America Post-Consumer Recycled Plastics Market report thoroughly covers the market by Countries, Processing Type, End Use, Service, and Polymer Type. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The North America post-consumer recycled plastics market is expected to grow significantly in the coming years due to increasing awareness about environmental sustainability and stricter regulations for waste management. Recycling plastic waste helps reduce pollution, conserve natural resources, and decrease greenhouse gas emissions in the region.
According to 6Wresearch, the North America Post-Consumer Recycled Plastics Market size is expected to grow at a significant CAGR of 6.5% during 2025-2031. One of the major drivers of this market is the rising concern over plastic pollution. The growing awareness among consumers about the negative impact of single-use plastics on the environment has led to a shift towards more sustainable alternatives. This has resulted in an increased demand for post-consumer recycled plastics, which are made from plastic waste collected from households and businesses. Moreover, government regulations and policies aimed at reducing plastic waste and promoting recycling have also contributed to the growth of the market.
One of the main challenges is the lack of infrastructure for the collection and processing of plastic waste. Proper systems for collecting and sorting plastic waste are still lacking in some regions, making it difficult to obtain high-quality recycled materials. Additionally, there is a lack of consumer awareness about the importance of separating recyclable materials from regular waste, leading to contamination issues. Another challenge faced by this market is the low demand for recycled plastics from certain industries.
Post-consumer recycled plastics refer to plastic products that have been used by consumers and then recycled for reuse in other applications. The North America post-consumer recycled plastics market has witnessed significant growth in recent years due to the increasing awareness about environmental sustainability and government initiatives promoting recycling practices. Some of the leading players in this market include Waste Management Inc., B&B Plastics Inc., and Envision Plastics Industries LLC. These players offer a wide range of sustainable solutions for various industries such as packaging, automotive, construction, and consumer goods.
The North American region has been at the forefront of promoting sustainable practices and reducing plastic waste. The US Environmental Protection Agency (EPA) and Canada's Environment and Climate Change Canada have implemented regulations to increase the use of post-consumer recycled plastics in various industries. In addition, several state and local governments have also introduced incentives for companies that use recycled materials in their products. These initiatives aim to reduce the carbon footprint, conserve natural resources, and promote a circular economy.
The future of the North America Post-Consumer Recycled Plastics Market looks promising with a growing demand for sustainable solutions. As consumers become more environmentally conscious, the demand for products made from recycled plastics is expected to rise. Additionally, advancements in recycling technologies and increasing collaborations between companies and government bodies are expected to drive further growth in the market.
According to Ravi Bhandari, Research Head, 6Wresearch, the mechanical segment is expected to witness significant growth in the coming years due to its cost-effectiveness and ability to process a wide range of plastic materials.
Based on the End Use, the packaging holds the largest share in the market. This can be attributed to the growing popularity of eco-friendly packaging solutions and increasing regulations on single-use plastics.
In terms of services, recycling is currently dominating the market as it offers a sustainable solution for plastic waste management. However, there is also a growing trend towards incineration and landfill as methods of waste-to-energy conversion and disposal.
The report provides a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 North America Post-consumer Recycled Plastics Market Overview |
3.1 North America Regional Macro Economic Indicators |
3.2 North America Post-consumer Recycled Plastics Market Revenues & Volume, 2021 & 2031F |
3.3 North America Post-consumer Recycled Plastics Market - Industry Life Cycle |
3.4 North America Post-consumer Recycled Plastics Market - Porter's Five Forces |
3.5 North America Post-consumer Recycled Plastics Market Revenues & Volume Share, By Countries, 2021 & 2031F |
3.6 North America Post-consumer Recycled Plastics Market Revenues & Volume Share, By Processing Type, 2021 & 2031F |
3.7 North America Post-consumer Recycled Plastics Market Revenues & Volume Share, By End Use, 2021 & 2031F |
3.8 North America Post-consumer Recycled Plastics Market Revenues & Volume Share, By Polymer Type, 2021 & 2031F |
3.9 North America Post-consumer Recycled Plastics Market Revenues & Volume Share, By Service, 2021 & 2031F |
4 North America Post-consumer Recycled Plastics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 North America Post-consumer Recycled Plastics Market Trends |
6 North America Post-consumer Recycled Plastics Market, 2021 - 2031 |
6.1 North America Post-consumer Recycled Plastics Market, Revenues & Volume, By Processing Type, 2021 - 2031 |
6.2 North America Post-consumer Recycled Plastics Market, Revenues & Volume, By End Use, 2021 - 2031 |
6.3 North America Post-consumer Recycled Plastics Market, Revenues & Volume, By Polymer Type, 2021 - 2031 |
6.4 North America Post-consumer Recycled Plastics Market, Revenues & Volume, By Service, 2021 - 2031 |
7 United States Post-consumer Recycled Plastics Market, 2021 - 2031 |
7.1 United States Post-consumer Recycled Plastics Market, Revenues & Volume, By Processing Type, 2021 - 2031 |
7.2 United States Post-consumer Recycled Plastics Market, Revenues & Volume, By End Use, 2021 - 2031 |
7.3 United States Post-consumer Recycled Plastics Market, Revenues & Volume, By Polymer Type, 2021 - 2031 |
7.4 United States Post-consumer Recycled Plastics Market, Revenues & Volume, By Service, 2021 - 2031 |
8 Canada Post-consumer Recycled Plastics Market, 2021 - 2031 |
8.1 Canada Post-consumer Recycled Plastics Market, Revenues & Volume, By Processing Type, 2021 - 2031 |
8.2 Canada Post-consumer Recycled Plastics Market, Revenues & Volume, By End Use, 2021 - 2031 |
8.3 Canada Post-consumer Recycled Plastics Market, Revenues & Volume, By Polymer Type, 2021 - 2031 |
8.4 Canada Post-consumer Recycled Plastics Market, Revenues & Volume, By Service, 2021 - 2031 |
9 North America Post-consumer Recycled Plastics Market Key Performance Indicators |
10 North America Post-consumer Recycled Plastics Market - Opportunity Assessment |
10.1 North America Post-consumer Recycled Plastics Market Opportunity Assessment, By Countries, 2021 & 2031F |
10.2 North America Post-consumer Recycled Plastics Market Opportunity Assessment, By Processing Type, 2021 & 2031F |
10.3 North America Post-consumer Recycled Plastics Market Opportunity Assessment, By End Use, 2021 & 2031F |
10.4 North America Post-consumer Recycled Plastics Market Opportunity Assessment, By Polymer Type, 2021 & 2031F |
10.5 North America Post-consumer Recycled Plastics Market Opportunity Assessment, By Service, 2021 & 2031F |
11 North America Post-consumer Recycled Plastics Market - Competitive Landscape |
11.1 North America Post-consumer Recycled Plastics Market Revenue Share, By Companies, 2024 |
11.2 North America Post-consumer Recycled Plastics Market Competitive Benchmarking, By Operating and Technical Parameters |
12 Company Profiles |
13 Recommendations |
14 Disclaimer |