Plastic Waste Management Market By Service Disposal, Collection and Transportation, Incineration and Recycling , Polymer Type Polyethylene Terephthalate PET , Polypropylene PP , Polystyrene PS , Low-Density Polyethylene LDPE , Polyurethane PUR , High-Density Polyethylene HDPE , Polyvinyl Chloride PVC and Other Polymer Types and Source Industrial, Commercial and Institutional, Residential and Other Sources – Global Industry Analysis And Forecast To 2025
Industry Outlook
The management of plastic waste is the procedure of recovery, disposal or recycling of the plastic waste that is to be completed according to the standards, rules and regulations setup by the government every now and then. The Municipal Authority will be in charge of coordination, setting up and operationalization of the systems related to waste management and for carrying out the related operations. For setting up the plastic waste gathering centers, the Municipal Authority can demand the producers, either by and large or exclusively in accordance with the rule of the Extended Maker’s Responsibility EPR to give the expected fund for setting up these collection centers. Therefore, the Plastic Waste Management Market is anticipated to expand and has tremendous scope during the forecast period. The global Plastic Waste Management Market anticipated to flourish in the future by growing at a significantly higher CAGR.
Drivers and Restrains
The factors driving the market are; faster rate of industrialization and commercialization, rising population across the globe, rising awareness of the people for management of plastic waste, strict rules and regulations related to the conservation of environment and various other factors. The factors limiting the market are the lack of proper facilities available for the management and few other factors.
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Regional Insights
The North American region is leading the global Plastic Waste Management Market followed by the European region owing to increasing initiatives by the government and strict rules and regulations for bringing down the level of carbon emission.
Plastic Waste Management Market, By Region
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Russia
Italy
Rest of Europe
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Rest of Asia-Pacific
South America
Brazil
Argentina
Columbia
Rest of South America
Middle East and Africa
Saudi Arabia
UAE
Egypt
Nigeria
South Africa
Rest of MEA
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Competitive Analysis
The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and market share of the overall industry.
Progressive Waste Solution Ltd.
Veolia Environnement S.A.
Remondis SE and Co. KG
SUEZ Environnement Company
Covanta Holding Corporation
Waste Management Inc.
Republic Services Inc.
ADS Waste Holdings, Inc.
Stericycle Inc.
Clean Harbors Inc.
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2025?
What will be the industry market growth from 2015 to 2025?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?
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