Plastic Bottle Recycling Insight: CAGR is Projected to 3.8%

Plastic bottle recycling refers to the process of recovering waste or scrap plastic bottle and reprocessing the materials into functional and useful products. The goal of recycling plastic bottle is to reduce high rates of plastic pollution while putting less pressure on virgin materials to produce brand new plastic products. This approach helps to conserve resources and diverts plastics from landfills or unintended destinations such as oceans.

According to the new market research report “Global Plastic Bottle Recycling Market Report 2023-2029”, published by QYResearch, the global Plastic Bottle Recycling market size is projected to reach USD 5.68 billion by 2029, at a CAGR of 3.8% during the forecast period.

• Global Plastic Bottle Recycling MarketSize(US$ Million), 2018-2029

Based on or includes research from QYResearch: Global Plastic Bottle Recycling Market Report 2023-2029.

• Global Plastic Bottle Recycling Top11Players Ranking and Market Share（Based on data of 2021, Continually updated）

Based on or includes research from QYResearch: 2021 data information of Global Plastic Bottle Recycling Market Report 2023-2029.

The global key manufacturers of Plastic Bottle Recycling include Veolia Group, CarbonLITE, Indorama Ventures, Longfu Recycling Energy Scientech, Clear Path Recycling, Avangard Innovative, UltrePET, Evergreen Plastics, Incom Recycle, Shazil, etc. In 2021, the global top five players had a share approximately 15.0% in terms of revenue.

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