Plastic Reuse Market
Plastic Reuse Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Plastic Reuse Market Size and Growth
The Plastic Reuse market is witnessing significant growth, driven by increasing environmental awareness and regulatory support. Valued at approximately $3.0 billion in 2022, it is projected to expand at a CAGR of 9% through 2030. Key sectors include packaging, automotive, and textiles, reflecting a shift towards sustainable practices.
Companies Covered
(Covid 19 Impact Covered)
◍ Clear Path Recycling
◍ Clean Tech Incorporated
◍ Mohawk Industries Incorporated
◍ CarbonLite Industries
◍ Envision Plastics Industries
◍ Advanced Environmental Recycling
◍ Evergreen Plastics
◍ PolyQuest
◍ Phoenix Technologies
◍ Verdeco Recycling
◍ Custom Polymers
◍ KW Plastics
The Plastic Reuse Market features companies like Clear Path Recycling and CarbonLite Industries, focusing on recycling and repurposing plastic. These firms enhance market growth through innovative recycling processes and partnerships. Revenue contributions include Clean Tech Incorporated with approx. $50 million and KW Plastics generating around $150 million annually, driving industry expansion.
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Market Segmentation
By Application
Packaging & Consumer Goods
Construction
Textile Fiber / Clothing ◍ Landscaping/Street Furniture ◍ Others
By Product
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Others
Market Growth
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$ 68.08 Billion
