Global Plastic Recycling Market to Reach $47.3 Billion by 2026
SAN FRANCISCO, March 10, 2022 /PRNewswire/ --A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Plastic Recycling - Global Market Trajectory & Analytics" .
- SAN FRANCISCO, March 10, 2022 /PRNewswire/ --A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Plastic Recycling - Global Market Trajectory & Analytics" .
- Amid the COVID-19 crisis, the global market for Plastic Recycling estimated at US$36.4 Billion in the year 2022, is projected to reach a revised size of US$47.3 Billion by 2026, growing at a CAGR of 6.1% over the analysis period.
- The U.S. Market is Estimated at $3.2 Billion in 2022, While China is Forecast to Reach $17.6 Billion by 2026
The Plastic Recycling market in the U.S. is estimated at US$3.2 Billion in the year 2022. - The US is another major regional market for plastic recycling due to the large volumes of plastic waste being generated.