Global Recycled Resin Market 2022-2027

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    GLOBAL RECYCLED RESIN MARKET

     

    INTRODUCTION 

    A substance made from sustainable polyethylene, such as liquid and drinking containers as well as another packing, is known as post-consumer recycled resin (PCR resin).

     

    It provides a more environmentally friendly alternative to virgin plastic resin for packaging applications, bottles, sheeting, and several other items.

     

    PCR resins are compliant with food, pharmaceuticals, medicinal, semiconductors, and conventional retail manufacturing laws, making them ideal for almost any packaging purpose.

     

    Plastics have become significantly more ecological in recent years as a result of technological advancements and employing post-consumer recycled resin is a big contributor to that endeavor. 

     

    Infographic: Recycled Resin Market, Recycled Resin Market Size, Recycled Resin Market Trends, Recycled Resin Market Forecast, Recycled Resin Market Risk, Recycled Resin Market Report, Recycled Resin Market Share

     

    GLOBAL RECYCLED RESIN MARKET DEVELOPMENTS AND INNOVATIONS

     

    S No  Overview of Development  Development Detailing  Region of Development  Possible Future Outcomes 
    Plastic supply pressures create market challenges and opportunities for recycled resins  North American plastic resin markets are still dealing with low supply due to harsh weather events in 2021, as well as continuing port bottleneck concerns, which is keeping prices for the most polymers elevated.  Global  This would enhance better Technological Controls 
    Dow launches new resin made with 70 percent recycled plastic  The creation of a new resin made out of 70% recycled material AGILITY CE is a cutting-edge revolutionary solution.  Global  This would enhance better Technological Controls 
    FSSAI issues new guidelines concerning recycled PET and PET resin  The criteria for using recycled PET resin in food contact applications have been amended, and instructions have been published.  Global  This would enhance better Technological Controls 
    NOVA Chemicals Debuts Recycle-Ready Resins for Packaging  A new line of resins has been developed to work with recycled material without sacrificing quality.  Global  This would enhance better Technological Controls 
    BASF introduces IrgaCycle, new additive solution for mechanical recycling of plastics  Designed to improve the quality of post-consumer as well as post-industrial polyolefins for use in stiff, flexible, and molding applications.  Global  This would enhance better Technological Controls 

      

    COMPETITIVE LANDSCAPE 

     

    The industry is expanding as consumers become more conscious of the global advantages of recyclable materials versus virgin plastics.

     

    Furthermore, recycling plastics consumes less energy than virgin plastics, which would be fuelling demand for recycled plastic materials in a spectrum of uses.

     

    As a result, trash bottles are projected to remain the most important source of recycled plastics, as many nations enter the recycling market and rely on bottles as a raw materials.  

    Clear Path Recycling is a leading mobilizer of recycled resin solutions involving application and solutions requirements in the market. The RPET (Recycled Polyethylene Terephthalate) flake is made out of recycled Post Consumer PET (Polyethylene Terephthalate) plastic containers.

     

    CPR will utilize the bulk of the RPET it generates domestically through all the promotional offers of its joint development shareholders, Shaw Industries as well as DAK Americas. Shaw and DAK Americas should utilize around 75% of the RPET Flake generated by CPR. 

     

    Mohawk Industries Incorporated is part of the component manufacturing trending companies in the current industry.

     

    Its latest addition has been brought in through the SmartStrand carpeting is created from renewable polymers and is engineered to have fewer resources in the manufacturing process than traditional fibers.

     

    In addition, recycled PET soda, as well as water bottles, are used in the Ever Strand carpets. Mohawk’s soft carpet coverings subcategory with cohesive foundation, on the other hand, is nearly completely made of recycled polypropylene. 

     

    COMPANIES PROFILED 

     

     

    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, 2022-2027

    18

    Market Segmentation, Dynamics and Forecast by Product Type, 2022-2027

    19

    Market Segmentation, Dynamics and Forecast by Application, 2022-2027

    20

    Market Segmentation, Dynamics and Forecast by End use, 2022-2027

    21

    Product installation rate by OEM, 2022

    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, 2022

    29

    Company Profiles

    30

    Unmet needs and opportunities for new suppliers

    31

    Conclusion

    32

    Appendix

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