Global TPO Bumper Recycling Market 2024-2030

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    TPO BUMPER RECYCLING MARKET

     

    INTRODUCTION TO TPO BUMPER RECYCLING MARKET

    TPO bumper recycle is a 100% recyclable material, but the recycling stream isn’t as strong as it should be because of the material’s nature and the long life cycle applications it typically has.

     

    The only practical way to repurpose a vehicle’s bumper is to shred and recycle it because reselling and reapplying a used fascia is impractical and potentially dangerous (most auto body shops don’t do it anyway).

     

    A plastic granulator can be used to process scrap plastic car bumpers into new plastic pellets. By combining the recycled raw material from scrap vehicle bumpers with 7% fiberglass and a certain percentage of PBT material, it can also be transformed into new vehicle bumpers.

     

    Ethylene-propylene rubber and fillers like carbon fiber, talc, and fiberglass are used to produce each thermoplastic polyolefin layer. The TPO’s strength and adaptability are enhanced by these fillers.

     

    TPO BUMPER RECYCLING MARKET SIZE AND FORECAST

     

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    The Global TPO bumper recycling market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

     

    TPO BUMPER RECYCLING MARKET NEW PRODUCT LAUNCH

    Ultra-Poly Corp., based in Portland, Pennsylvania, has collaborated with the Plastics Industry Association on a project to collect and recycle automotive bumper covers made of thermoplastic polyolefin (TPO).

     

    A case study about the project has been published by the Washington-based trade association and the recycling company.

     

    According to the two organizations, the demonstrated method has the potential to direct approximately 500 tons of plastic toward recycling outcomes.

     

    According to a press release issued by Ultra-Poly and the Plastics Industry Association, the study also revealed that recycled material possesses between 85% and 90% of the flexibility and elasticity of virgin material. This makes recycled material ideal for a variety of applications in final products.

     

    The bumper covers are not collected and preprocessed by third parties in the way that Ultra-Poly’s process does. Instead, Ultra-Poly collects used covers directly from body shops, where they have already been removed from automobiles and their reusable connected parts salvaged.

     

    This project shows that true post-consumer material doesn’t have to be collected at the curb and preprocessed by materials recovery facilities.

     

    It can also be sourced directly at the point of production, resulting in recycled products that are more consistent and lower in carbon footprint.

     

    Additionally, point-of-generation collection ensures a constant supply of material. Each month, a single body shop can produce up to 30 scrap bumper covers.

     

    According to the organizations, the body shop itself saves money on dumpster space and is relieved of the concern that damaged covers might be sold incorrectly as replacement parts.

     

    The Plastics Industry Association’s larger New End Market Opportunities (NEMO) program, which focuses on developing novel strategies for the recovery, recycling, and repurposing of plastic products, includes the Ultra-Poly case study.

     

    NEMO focuses particularly on difficult issues like plastic grocery store bags. This recycled polyethylene film has been successfully used to produce asphalt for road construction in another NEMO project.

     

    TPO BUMPER RECYCLING MARKET COMPANY PROFILE

    • Ultra-Poly
    • Reclaim 
    • Polyvance
    • WANROOETECH
    • B.C.

     

    THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

    1. How many TPO bumper recycling are manufactured per annum globally? Who are the sub-component suppliers in different regions?
    2. Cost breakup of a Global TPO bumper recycling and key vendor selection criteria
    3. Where is the TPO bumper recycling manufactured? What is the average margin per unit?
    4. Market share of Global TPO bumper recycling market manufacturers and their upcoming products
    5. Cost advantage for OEMs who manufacture Global TPO bumper recycling in-house
    6. key predictions for next 5 years in Global TPO bumper recycling market
    7. Average B-2-B TPO bumper recycling market price in all segments
    8. Latest trends in TPO bumper recycling market, by every market segment
    9. The market size (both volume and value) of the TPO bumper recycling market in 2024-2030 and every year in between?
    10. Production breakup of TPO bumper recycling market, by suppliers and their OEM relationship

     

    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2024-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2024-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2024-2030
    21 Product installation rate by OEM, 2023
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2023
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
     
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