Biodegradable Recycled Thermoplastics Market
Biodegradable Recycled Thermoplastics Market
Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Biodegradable Recycled Thermoplastics Market Size and Growth
The biodegradable recycled thermoplastics market is witnessing significant growth due to rising environmental concerns and demand for sustainable materials. Valued at approximately $1.5 billion in 2022, the market is projected to expand at a CAGR of 10% through 2030, driven by innovations and regulatory support for eco-friendly alternatives.
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Companies Covered
(Covid 19 Impact Covered)
◍ KW Plastics
◍ PARC Corporation
◍ B. Schoenberg and Co.
◍ Plastipak Holdings, Inc.
◍ Custom Polymers Inc.
◍ Suez SA
◍ Merlin Plastics Alberta Inc.
◍ Revital Polymers
◍ Ricova International Inc.
◍ RJM International Inc.
◍ JP Industrial
The Biodegradable Recycled Thermoplastics Market features key players like KW Plastics, PARC Corporation, and others focusing on sustainable solutions to drive growth. These companies innovate in recycling and material development, positioning themselves in ecofriendly markets. Sales revenue specifics include:
- KW Plastics: $50 million+
- Plastipak Holdings: $1.1 billion
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Market Segmentation
By Application
◍ Automotive and Transportation
By Product
Flakes
Granulates ◍ Packaging
◍ Building and Construction
◍ Electrical and Electronics
◍ Agriculture and Horticulture
◍ Furniture and Housewares
◍ Others
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Pellets
Market Growth
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$ X Billion USD
