A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Plastic
Bottle Recycling
Market. The
study, titled “Plastic
Bottle Recycling Market - Global Industry Analysis, Size, Share,
Growth Trends, and Forecast 2016 - 2023”,
is available for sale on the firm’s website.
The
consumption of plastics has grown radically and, subsequently, since
1970s, so has the creation of waste plastics. In relation with this
growth the formation of the waste container has also changed. In the
process of reproducing and consumption the amount of organic matter
has deteriorated, while plastics have increased. Among various
innovations from plastics materials plastic bottles are majorly
consumed as well as dumped. To avoid this wastage of bottles
recycling of the bottles is carried out on a large scale.
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Market Research Report @
Recycling
of plastic bottles increases the reuse of plastic material. This
recycling helps to reduce the land pollution taking place which is
done eventually by converting them into lower or same grade plastic
bottles. These recycled bottles are used for numerous applications
depending on their material content. Most plastics are semi-permeable
and absorb particles of food or beverage contained. Removal of
wastage from these bottles is a very tedious task, which needs to be
done carefully as any surplus heating may damage the plastic
composition. Most recycled plastics are mainly used for making
low-grade products. In order to convert plastic bottles into bio
degradable plastic, the bottles are hydrolyzed to monomeric form and
finally passed through distillation and re-polymerization processes.
This process ends into where the bottle is transformed into a food
grade plastic. A major challenge for producing recycled resins from
plastic bottle is that most different plastic types are not
compatible with each other because of integral immiscibility at the
molecular level. In this case, the recycling faces the issues of
differences in plastic processing requirements at a macro-scale.
The
plastic bottle recycle market is growing at a steady rate in the near
future. The market growth is driven by growing prospects for recycled
plastic bottles and growing environmental concerns which creates land
pollution. Recycling plastic water bottles also helps to conserve
natural resources, especially oil, which is a nonrenewable natural
resource available in restricted supply. The Environmental Protection
Agency (EPA) estimates that recycling one ton of plastic conserves
approximately 3.8 barrels of crude oil.
Recycling
plastic water bottles also help to decrease the amount of pollution
in the air and water. Many landfill facilities will destroy plastic
bottles to save waste, which can emit toxic pollutants or irritants
into the air. The plastic resins used to manufacture water bottles
also contains harmful chemicals. These harmful chemicals can
penetrate into the soil or groundwater if they are able to break down
in the landfill.
Plastic
bottle recycling market can be classified on the basis of the type of
plastic material which includes polyethylene terephthalate (PET),
high-density polyethylene (HDPE) and polypropylene (PP). PET is the
mostly recycled plastic material among the plastic bottles recycling
market followed by HDPE and PP material. For the ease of study the
plastic bottle recycling market is divided among various geographies
such as North America, Europe, Asia Pacific, Middle East & Africa
and South and Central America. North America has the largest market
share in the recycling of the plastic bottles where the U.S.
comprises of largest market share.
Get
accurate market forecast and analysis on the Plastic Bottle Recycling
market. Request a sample to stay abreast on the key trends impacting
this market@
Some
of the key players in the plastic bottle recycling markets are
Advanced Environmental Recycling Technologies, Avangard Innovative,
Phoenix Technologies International, UltrePET, CarbonLITE, Complete
Recycling, ECO2 Plastics, Evergreen Plastics, National Recycling
Technologies, Recycle Clear, Worldwide Recycler Services, among
others.
This
research report analyzes this market on the basis of its market
segments, major geographies, and current market trends.
Geographies
analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Middle East and Africa
- Latin America
This
report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
About
Us
Transparency
Market Research (TMR) is a market intelligence company, providing
global business information reports and services. Our exclusive blend
of quantitative forecasting and trends analysis provides
forward-looking insight for thousands of decision makers. TMR's
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proprietary data sources and various tools and techniques to gather
and analyze information.
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data repository is continuously updated and revised by a team of
research experts, so that it always reflects the latest trends and
information. With a broad research and analysis capability,
Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
material for business reports.
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Us
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