Europe Recycled Plastic Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Polyethylene Terephthalate, Polyethylene, Polypropylene, Polystyrene, and Others), Source (Plastic Bottles, Plastic Films, Plastic Foams, Plastic Fibers, and Others), and Application (Packaging, Textile, Automotive, Building and Construction, Electrical and Electronics, and Others)
The Europe recycled plastic market is expected to grow from US$ 12,727.46 million in 2021 to US$ 23,592.68 million by 2028; it is estimated to grow at a CAGR of 9.3% from 2021 to 2028.
Recycled plastics are resins manufactured by reusing waste plastic products. They are also produced by recovering plastic scraps and other wastes and then reprocessing them into useful products. Further, recycled plastics are witnessing a boost in demand due to rising environmental awareness. The plastic waste produced is nonbiodegradable; the only way to dispose of it is to recycle and reuse it. Many organizations are recruiting companies to use recycled plastics in their manufacturing facilities. For instance, the Association of Plastic Recyclers, USA recruited companies such as Walmart, Coca-Cola, and Unilever. Rising environmental concerns and increasing need for frameworks to conserve energy, coupled with versatile applicability, support stringent government regulations in many regions. For instance, European emission norms support using recycled plastic in the automotive industry. The Europe Union’s End-of-Life Vehicle (ELV) Directive 2000/53/EC acts as an important driver for recycling in the automotive industry, establishing adequate systems for collecting ELVs, and tightening environmental treatment standards. It sets targets for the recovery of automotive components and recycling and encourages manufacturers to design their vehicles with the reuse and recycling of parts. All these regulations would support the demand for recycled plastics in end-use industries such as packaging and automotive.
With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the recycled plastic market at a notable CAGR during the forecast period.
Europe Recycled Plastic Market Revenue and Forecast to 2028 (US$ Million)
Europe Recycled Plastic Market Segmentation
The Europe recycled plastic market is segmented into type, source, application, and country. Based on type, the market is categorized into polyethylene terephthalate, polyethylene, polypropylene, polystyrene, and others. In terms of source, the Europe recycled plastic market is divided into plastic bottles, plastic films, plastic foams, plastic fibers, and others. Based on application, the Europe recycled plastic market is segmented into packaging, textile, automotive, building and construction, electrical and electronics, and others. In terms of country, the Europe recycled plastic market is segmented into Germany, France, the UK, Italy, Russia, and the Rest of Europe.
Europe Recycled Plastic Market – Companies Mentioned
Biffa, Remondis SE & Co. Kg, Veolia, Jayplas, Alpek S.A.B. de C.V., and Plastipak Holdings Inc. are among the major companies operating in the Europe recycled plastic market.
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
1.2.1 Europe Recycled Plastic Market, by Type
1.2.2 Europe Recycled Plastic Market, by Source
1.2.3 Europe Recycled Plastic Market, by Application
1.2.4 Europe Recycled Plastic Market, by Country
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.1.1 Europe Recycled Plastic Market, by Process, Grade, and Application
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Europe Recycled Plastic Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Threat of New Entrants:
4.2.2 Bargaining Power of Suppliers:
4.2.3 Bargaining Power of Buyers:
4.2.4 Competitive Rivalry:
4.2.5 Threat of Substitutes:
4.3 Ecosystem Analysis
4.3.1 Overview:
4.3.2 Raw Material Suppliers:
4.3.3 Manufacturers
4.3.4 Distributors
4.3.5 End-User
4.4 Expert Opinion
5. Europe Recycled Plastic Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Adoption of Recycled Plastics in Packaging, Automotive, and Electrical & Electronic Industries
5.1.2 Rising Expansion of Construction Industry
5.2 Market Restraints
5.2.1 Inadequate Supply of Recycled Plastics Leads to Preference for Virgin Plastic
5.3 Market Opportunities
5.3.1 Rising Stringent Government Regulations to Upsurge the Recycling Rate of Plastics
5.4 Future Trends
5.4.1 Rising Innovation in Plastic Recycling
5.5 Impact Analysis of Drivers and Restraints
6. Europe Recycled Plastic – Country Market Analysis
6.1 Europe Recycled Plastic Market –Revenue and Forecast to 2028 (US$ Mn)
6.2 Europe Recycled Plastic Market –Volume and Forecast to 2028 (Kilo Tons)
6.3 Competitive Positioning – Key Market Players
7. Europe Recycled Plastics Market Analysis – By Type
7.1 Overview
7.1.1 Europe: Europe Recycled Plastic Market, by Type
7.2 Polyethylene Terephthalate
7.2.1 Overview
7.2.2 Polyethylene Terephthalate: Europe Recycled Plastics Market – Revenue and Forecast to 2028 (US$ Mn)
7.2.3 Polyethylene Terephthalate: Europe Recycled Plastics Market –Volume and Forecast to 2028 (Kilo Tons)
7.3 Polyethylene
7.3.1 Overview
7.3.2 Polyethylene: Europe Recycled Plastics Market – Revenue and Forecast to 2028 (US$ Mn)
7.3.3 Polyethylene: Europe Recycled Plastics Market –Volume and Forecast to 2028 (Kilo Tons)
7.4 Polypropylene
7.4.1 Overview
7.4.2 Polypropylene: Europe Recycled Plastics Market – Revenue and Forecast to 2028 (US$ Mn)
7.4.3 Polypropylene: Europe Recycled Plastics Market –Volume and Forecast to 2028 (Kilo Tons)
7.5 Polystyrene
7.5.1 Overview
7.5.2 Polystyrene: Europe Recycled Plastics Market – Revenue and Forecast to 2028 (US$ Mn)
7.5.3 Polystyrene: Europe Recycled Plastics Market –Volume and Forecast to 2028 (Kilo Tons)
7.6 Others
7.6.1 Overview
7.6.2 Others: Europe Recycled Plastics Market – Revenue and Forecast to 2028 (US$ Mn)
7.6.3 Others: Europe Recycled Plastics Market –Volume and Forecast to 2028 (Kilo Tons)
8. Europe Recycled Plastics Market Analysis – By Source
8.1 Overview
8.1.1 Europe: Europe Recycled Plastic Market, by Source
8.2 Plastic Bottles
8.2.1 Overview
8.2.2 Plastic Bottles: Europe Recycled Plastics Market – Revenue and Forecast to 2028 (US$ Mn)
8.3 Plastic Films
8.3.1 Overview
8.3.2 Plastic Films: Europe Recycled Plastics Market – Revenue and Forecast to 2028 (US$ Mn)
8.4 Plastic Foams
8.4.1 Overview
8.4.2 Plastic Foams: Europe Recycled Plastics Market – Revenue and Forecast to 2028 (US$ Mn)
8.5 Plastic Fibers
8.5.1 Overview
8.5.2 Plastic Fibers: Europe Recycled Plastics Market – Revenue and Forecast to 2028 (US$ Mn)
8.6 Others
8.6.1 Overview
8.6.2 Others: Europe Recycled Plastics Market – Revenue and Forecast to 2028 (US$ Mn)
9. Europe Recycled Plastics Market Analysis – By Application
9.1 Overview
9.1.1 Europe: Europe Recycled Plastic Market, by Application
9.2 Packaging
9.2.1 Overview
9.2.2 Packaging: Europe Recycled Plastics Market – Revenue and Forecast to 2028 (US$ Mn)
9.3 Textile
9.3.1 Overview
9.3.2 Textile: Europe Recycled Plastics Market – Revenue and Forecast to 2028 (US$ Mn)
9.4 Automotive
9.4.1 Overview
9.4.2 Automotive: Europe Recycled Plastics Market – Revenue and Forecast to 2028 (US$ Mn)
9.5 Building and Construction
9.5.1 Overview
9.5.2 Building and Construction: Europe Recycled Plastics Market – Revenue and Forecast to 2028 (US$ Mn)
9.6 Electrical and Electronics
9.6.1 Overview
9.6.2 Electrical and Electronics: Europe Recycled Plastics Market – Revenue and Forecast to 2028 (US$ Mn)
9.7 Others
9.7.1 Overview
9.7.2 Others: Europe Recycled Plastics Market – Revenue and Forecast to 2028 (US$ Mn)
10. Europe Recycled Plastic Market – Country Analysis
10.1 Europe: Europe Recycled Plastic Market
10.1.1 Europe: Europe Recycled Plastic Market – Analysis and Forecast to 2028 (US$ Million)
10.1.2 Europe: Europe Recycled Plastic Market, by Key Country
10.1.2.1 Germany: Europe Recycled Plastic Market –Analysis and Forecast to 2028 (US$ Million)
10.1.2.1.1 Germany: Europe Recycled Plastic Market, by Type
10.1.2.1.2 Germany: Europe Recycled Plastic Market, by Source
10.1.2.1.3 Germany: Europe Recycled Plastic Market, by Application
10.1.2.2 France: Europe Recycled Plastic Market –Analysis and Forecast to 2028 (US$ Million)
10.1.2.2.1 France: Europe Recycled Plastic Market, by Type
10.1.2.2.2 France: Europe Recycled Plastic Market, by Source
10.1.2.2.3 France: Europe Recycled Plastic Market, by Application
10.1.2.3 U.K: Europe Recycled Plastic Market –Analysis and Forecast to 2028 (US$ Million)
10.1.2.3.1 U.K: Europe Recycled Plastic Market, by Type
10.1.2.3.2 U.K: Europe Recycled Plastic Market, by Source
10.1.2.3.3 U.K: Europe Recycled Plastic Market, by Application
10.1.2.4 Italy: Europe Recycled Plastic Market –Analysis and Forecast to 2028 (US$ Million)
10.1.2.4.1 Italy: Europe Recycled Plastic Market, by Type
10.1.2.4.2 Italy: Europe Recycled Plastic Market, by Source
10.1.2.4.3 Italy: Europe Recycled Plastic Market, by Application
10.1.2.5 Russia: Europe Recycled Plastic Market –Analysis and Forecast to 2028 (US$ Million)
10.1.2.5.1 Russia: Europe Recycled Plastic Market, by Type
10.1.2.5.2 Russia: Europe Recycled Plastic Market, by Source
10.1.2.5.3 Russia: Europe Recycled Plastic Market, by Application
10.1.2.6 Rest of Europe: Europe Recycled Plastic Market –Analysis and Forecast to 2028 (US$ Million)
10.1.2.6.1 Rest of Europe: Europe Recycled Plastic Market, by Type
10.1.2.6.2 Rest of Europe: Europe Recycled Plastic Market, by Source
10.1.2.6.3 Rest of Europe: Europe Recycled Plastic Market, by Application
11. Industry Landscape
11.1 Overview
11.1.1 Market Initiative
11.2 New Product Development
11.3 Merger and Acquisition
12. Company Profiles
12.1 Biffa
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Remondis SE & Co. Kg
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Veolia
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Jayplas
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Alpek S.A.B. de C.V.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Plastipak Holdings Inc.
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Financial Overview
12.6.4 SWOT Analysis
12.6.5 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms
LIST OF TABLES
Table 1. Europe Recycled Plastic Market –Revenue and Forecast to 2028 (US$ Mn)
Table 2. Europe Recycled Plastic Market –Volume and Forecast to 2028 (Kilo Tons)
Table 3. Europe Recycled Plastic Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 4. Europe Recycled Plastics Market, by Type – Volume and Forecast to 2028 (Kilo Tons)
Table 5. Europe Recycled Plastic Market, by Source– Revenue and Forecast to 2028 (US$ Million)
Table 6. Europe Recycled Plastic Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 7. Germany Europe Recycled Plastic Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 8. Germany Europe Recycled Plastic Market, by Type – Volume and Forecast to 2028 (Kilo Tons)
Table 9. Germany Europe Recycled Plastic Market, by Source– Revenue and Forecast to 2028 (US$ Million)
Table 10. Germany Europe Recycled Plastic Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 11. France Europe Recycled Plastic Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 12. France Europe Recycled Plastic Market, by Type – Volume and Forecast to 2028 (Kilo Tons)
Table 13. France Europe Recycled Plastic Market, by Source– Revenue and Forecast to 2028 (US$ Million)
Table 14. France Europe Recycled Plastic Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 15. U.K Europe Recycled Plastic Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 16. U.K Europe Recycled Plastic Market, by Type – Volume and Forecast to 2028 (Kilo Tons)
Table 17. U.K Europe Recycled Plastic Market, by Source– Revenue and Forecast to 2028 (US$ Million)
Table 18. U.K Europe Recycled Plastic Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 19. Italy Europe Recycled Plastic Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 20. Italy Europe Recycled Plastic Market, by Type – Volume and Forecast to 2028 (Kilo Tons)
Table 21. Italy Europe Recycled Plastic Market, by Source– Revenue and Forecast to 2028 (US$ Million)
Table 22. Italy Europe Recycled Plastic Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 23. Russia Europe Recycled Plastic Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 24. Russia Europe Recycled Plastic Market, by Type – Volume and Forecast to 2028 (Kilo Tons)
Table 25. Russia Europe Recycled Plastic Market, by Source– Revenue and Forecast to 2028 (US$ Million)
Table 26. Russia Europe Recycled Plastic Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 27. Rest of Europe Recycled Plastic Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 28. Rest of Europe Recycled Plastic Market, by Type – Volume and Forecast to 2028 (Kilo Tons)
Table 29. Rest of Europe Recycled Plastic Market, by Source– Revenue and Forecast to 2028 (US$ Million)
Table 30. Rest of Europe Recycled Plastic Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 31. Glossary of Terms, Europe Recycled Plastic Market
LIST OF FIGURES
Figure 1. Europe Recycled Plastic Market Segmentation
Figure 2. Europe Recycled Plastic Market Overview
Figure 3. Europe Recycled Plastic Market, By Application
Figure 4. Europe Recycled Plastic Market, by Country
Figure 5. Porter’s Five Forces Analysis of Europe Recycled Plastic Market
Figure 6. Europe Recycled Plastic Market, Ecosystem
Figure 7. Expert Opinion
Figure 8. Europe Recycled Plastic Market Impact Analysis of Drivers and Restraints
Figure 9. Europe Recycled Plastic Market – Revenue and Forecast to 2028 (US$ Mn)
Figure 10. Europe Recycled Plastic Market –Volume and Forecast to 2028 (Kilo Tons)
Figure 11. Europe: Europe Recycled Plastic Market Revenue Share, by Type (2021 and 2028)
Figure 12. Polyethylene Terephthalate: Europe Recycled Plastics Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 13. Polyethylene Terephthalate: Europe Recycled Plastics Market –Volume and Forecast To 2028 (Kilo Tons)
Figure 14. Polyethylene: Europe Recycled Plastics Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 15. Polyethylene: Europe Recycled Plastics Market –Volume and Forecast To 2028 (Kilo Tons)
Figure 16. Polypropylene: Europe Recycled Plastics Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 17. Polypropylene: Europe Recycled Plastics Market –Volume and Forecast To 2028 (Kilo Tons)
Figure 18. Polystyrene: Europe Recycled Plastics Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 19. Polystyrene: Europe Recycled Plastics Market –Volume and Forecast To 2028 (Kilo Tons)
Figure 20. Others: Europe Recycled Plastics Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 21. Others: Europe Recycled Plastics Market –Volume and Forecast To 2028 (Kilo Tons)
Figure 22. Europe: Europe Recycled Plastic Market Revenue Share, by Source (2021 and 2028)
Figure 23. Plastic Bottles: Europe Recycled Plastics Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 24. Plastic Films: Europe Recycled Plastics Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 25. Plastic Foams: Europe Recycled Plastics Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 26. Plastic Fibers: Europe Recycled Plastics Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 27. Others: Europe Recycled Plastics Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 28. Europe: Europe Recycled Plastic Market Revenue Share, by Application (2021 and 2028)
Figure 29. Packaging: Europe Recycled Plastics Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 30. Textile: Europe Recycled Plastics Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 31. Automotive: Europe Recycled Plastics Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 32. Building and Construction: Europe Recycled Plastics Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 33. Electrical and Electronics: Europe Recycled Plastics Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 34. Others: Europe Recycled Plastics Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 35. Overview : Europe Recycled Plastic Market –(US$ Million)
Figure 36. Europe: Europe Recycled Plastic Market Revenue Share, by Key Country (2021 and 2028)
Figure 37. Germany: Europe Recycled Plastic Market –Revenue and Forecast to 2028 (US$ Million)
Figure 38. Germany: Europe Recycled Plastic Market –Volume and Forecast to 2028 (Kilo Tons)
Figure 39. France: Europe Recycled Plastic Market –Revenue and Forecast to 2028 (US$ Million)
Figure 40. France: Europe Recycled Plastic Market –Volume and Forecast to 2028 (Kilo Tons)
Figure 41. U.K: Europe Recycled Plastic Market –Revenue and Forecast to 2028 (US$ Million)
Figure 42. U.K: Europe Recycled Plastic Market –Volume and Forecast to 2028 (Kilo Tons)
Figure 43. Italy: Europe Recycled Plastic Market –Revenue and Forecast to 2028 (US$ Million)
Figure 44. Italy: Europe Recycled Plastic Market –Volume and Forecast to 2028 (Kilo Tons)
Figure 45. Russia: Europe Recycled Plastic Market –Revenue and Forecast to 2028 (US$ Million)
Figure 46. Russia: Europe Recycled Plastic Market –Volume and Forecast to 2028 (Kilo Tons)
Figure 47. Rest of Europe: Europe Recycled Plastic Market –Revenue and Forecast to 2028 (US$ Million)
Figure 48. Rest of Europe: Europe Recycled Plastic Market –Volume and Forecast to 2028 (Kilo Tons)
1. Biffa
2. Remondis SE & Co. Kg
3. Veolia
4. Jayplas
5. Alpek S.A.B. de C.V.
6. Plastipak Holdings Inc.
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