POST-CONSUMER RECYCLED (PCR) RESINS MARKET

INTRODUCTION

Resins are a type of organic compound that are typically solid or semi-solid at room temperature.

They are formed by the polymerization of monomers, which are small molecules that link together to form larger molecules.

Resins can be natural or synthetic, and they are used in a variety of applications, including:Adhesives: Resins are often used in adhesives because they are strong and durable.

They can be used to bond a variety of materials, including wood, metal, and plastic.

According to the International Organization for Standardization (ISO), post-consumer material is defined as material that has been used by consumers and can no longer be used.

This differs from post-industrial material, which is material that is diverted during a manufacturing process.

Post-consumer resin (PCR) is made from recycled plastic products, such as plastic film, bottles, milk jugs, buckets, and IBC totes and poly drums.

It can be used to make new products, such as Mauser Packaging Solutions' Infinity Series of products.

PCR offers several benefits over virgin materials, including a lower carbon footprint, less waste, and less pollution.

It also helps to promote the circular economy by keeping materials in use for longer.

Overall, PCR is a valuable resource that can help to reduce waste and pollution, while also promoting the circular economy.

POST-CONSUMER RECYCLED (PCR) RESINS MARKET SIZE AND FORECAST

The Global Post-Consumer Recycled (PCR) Resins 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.

POST-CONSUMER RECYCLED (PCR) RESINS MARKET NEW PRODUCT LAUNCH

Mobil, a leader in lubrication technology innovation, has launched an initiative to encourage sustainable packaging with its 50% Post-Consumer Recycled (PCR) plastic pails.

These pails help reduce plastic waste and enable sustainable progress by using recycled plastic.

Mobil's 50% PCR pails, the first in India for lubricating oils, aim to help customers reduce waste, convert waste to value, and advance their sustainability goals.

Mobil can help create value by advancing customers' mobility, productivity, and sustainability goals.

The initiative to transition to 50% post-consumer recycled plastic pails is just one example of how Mobile is helping customers achieve their sustainability goals.

ExxonMobil is a leader in the diversion of waste from lubricant facilities.

All Mobile products manufactured in the company's global network of lubricant facilities carry the Underwriters Laboratories Zero Waste to Landfill, Silver Validation, first earned in 2018.

This validation recognizes ExxonMobil's commitment to reducing waste and advancing a circular economy.

Additionally, ExxonMobil is the first and only finished lubricants marketer to carry this credential, and each year diverts more than 90% (over 50,000 tons) of lubricant operations waste from landfills into new productive uses.

ExxonMobil is also leveraging scale and integration to increase the production of certified circular plastics and meet growing demand.

The company announced the successful startup of one of the largest advanced recycling facilities in North America.

The facility at the integrated manufacturing complex in Baytown, Texas, uses proprietary technology to break down hard-to-recycle plastics and transform them into raw materials for new products.

The recycling facility in Baytown is capable of processing more than 80 million pounds of plastic waste per year, supporting a circular economy for post-use plastics and helping divert plastic waste currently sent to landfills.

Mobil's range of products and solutions help support businesses, communities, and individuals to make more efficient and sustainable choices.

Mobil branded offers help customers extend oil and equipment life, improve energy efficiency and fuel economy, deliver performance, and achieve more with less by making the most of valuable resources.

In short, Mobil is committed to sustainability and is taking steps to reduce waste, promote recycling, and develop new technologies that will help create a more circular economy.

THIS POST-CONSUMER RECYCLED (PCR) RESINS MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS

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