Recycled Ocean Plastics Market Share

  • Report ID: 2778
  • Published Date: Oct 18, 2024
  • Report Format: PDF, PPT

Recycled Ocean Plastics Market Share

On the basis of regional analysis, the recycled ocean plastics market is segmented into five major regions including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa, North America industry is estimated to account for largest revenue share by 2036, on account of increasing demand for recycled plastics coupled with the presence of leading companies converting waste materials into innovative products. The North American market is followed by Europe, Asia Pacific, Latin America, and the Middle East and African market. This is attributed to various initiatives undertaken by the government and other organizations in these regions to recycle and reuse the ocean plastic waste. Half of the world’s plastics are manufactured in China which contributes to around 29% thereby leveraging the need to recycle plastic waste, boosting the growth of the global recycled ocean plastic market.

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Recycled Ocean Plastics Market Share
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Author Credits:  Rajrani Baghel


  • Report ID: 2778
  • Published Date: Oct 18, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of recycled ocean plastics is evaluated at USD 1.84 billion.

Recycled Ocean Plastics Market size was over USD 1.74 billion in 2023 and is poised to exceed USD 4.46 billion by 2036, witnessing over 7.5% CAGR during the forecast period i.e., between 2024-2036.

North America industry is estimated to account for largest revenue share by 2036, on account of increasing demand for recycled plastics coupled with the presence of leading companies converting waste materials into innovative products.

The major players in the market are Suez, Unifi, Inc., KW Plastics, MethodProducts, PBC, Veolia, B&B Plastics Inc., Oceanworks, Jayplas, Plastipak Holdings, Inc., and others.
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