Microplastic Recycling Market Report: Trends, Forecast and Competitive Analysis to 2030
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Microplastic Recycling Trends and Forecast
The future of the global microplastic recycling market looks promising with opportunities in the packaging, agriculture, consumer good, textile, automotive & transportation, and building & construction markets. The global microplastic recycling market is expected to reach an estimated $0.4 billion by 2030 with a CAGR of 6.5% from 2024 to 2030. The major drivers for this market are growing oceanic plastic pollution is affecting aquatic life and increasing demand for recycled materials in various industries.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Microplastic Recycling by Segment
The study includes a forecast for the global microplastic recycling by product type, end use, and region.
Microplastic Recycling Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies microplastic recycling companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the microplastic recycling companies profiled in this report include-
Lucintel forecasts that secondary will remain the larger segment over the forecast period.
Within this market, packaging will remain the largest segment due to substantial use of recycled microplastics in this sector to obtain sustainable and eco-friendly packaging solutions.
Europe will remain the largest region over the forecast period due to existence of stringent guidelines for waste management and the use of single-use plastics and presence of key manufacturers in the region.
Features of the Global Microplastic Recycling Market
Market Size Estimates: Microplastic recycling market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Microplastic recycling market size by product type, end use, and region in terms of value ($B).
Regional Analysis: Microplastic recycling market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product types, end uses, and regions for the microplastic recycling market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the microplastic recycling market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the microplastic recycling market size?
Answer: The global microplastic recycling market is expected to reach an estimated $0.4 billion by 2030.
Q2. What is the growth forecast for microplastic recycling market?
Answer: The global microplastic recycling market is expected to grow with a CAGR of 6.5% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the microplastic recycling market?
Answer: The major drivers for this market are growing oceanic plastic pollution is affecting aquatic life and increasing demand for recycled materials in various industries.
Q4. What are the major segments for microplastic recycling market?
Answer: The future of the microplastic recycling market looks promising with opportunities in the packaging, agriculture, consumer good, textile, automotive & transportation, and building & construction markets.
Q5. Who are the key microplastic recycling market companies?
Answer: Some of the key microplastic recycling companies are as follows:
Answer: Lucintel forecasts that secondary will remain the larger segment over the forecast period.
Q7. In microplastic recycling market, which region is expected to be the largest in next 5 years?
Answer: Europe will remain the largest region over the forecast period due to existence of stringent guidelines for waste management and the use of single-use plastics and presence of key manufacturers in the region.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the microplastic recycling market by product type (primary and secondary), end use (packaging, agriculture, consumer goods, textile, automotive & transportation, building & construction, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Microplastic Recycling Market, Microplastic Recycling Market Size, Microplastic Recycling Market Growth, Microplastic Recycling Market Analysis, Microplastic Recycling Market Report, Microplastic Recycling Market Share, Microplastic Recycling Market Trends, Microplastic Recycling Market Forecast, Microplastic Recycling Companies, write Lucintel analyst at email: [email protected]. We will be glad to get back to you soon.
Microplastic Recycling Trends and Forecast
The future of the global microplastic recycling market looks promising with opportunities in the packaging, agriculture, consumer good, textile, automotive & transportation, and building & construction markets. The global microplastic recycling market is expected to reach an estimated $0.4 billion by 2030 with a CAGR of 6.5% from 2024 to 2030. The major drivers for this market are growing oceanic plastic pollution is affecting aquatic life and increasing demand for recycled materials in various industries.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Microplastic Recycling by Segment
The study includes a forecast for the global microplastic recycling by product type, end use, and region.
Microplastic Recycling Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:
- Primary
- Secondary
- Packaging
- Agriculture
- Consumer Goods
- Textile
- Automotive & Transportation
- Building & Construction
- Others
- North America
- Europe
- Asia Pacific
- The Rest of the World
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies microplastic recycling companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the microplastic recycling companies profiled in this report include-
- Carbios
- PureCycle Technologies
- Ioniqa
- Calyxia
- PolyGone Systems
- Planetcare
- Ecofario
- Ocean Diagnostics
- Oceanworks
- Matter
Lucintel forecasts that secondary will remain the larger segment over the forecast period.
Within this market, packaging will remain the largest segment due to substantial use of recycled microplastics in this sector to obtain sustainable and eco-friendly packaging solutions.
Europe will remain the largest region over the forecast period due to existence of stringent guidelines for waste management and the use of single-use plastics and presence of key manufacturers in the region.
Features of the Global Microplastic Recycling Market
Market Size Estimates: Microplastic recycling market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Microplastic recycling market size by product type, end use, and region in terms of value ($B).
Regional Analysis: Microplastic recycling market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product types, end uses, and regions for the microplastic recycling market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the microplastic recycling market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the microplastic recycling market size?
Answer: The global microplastic recycling market is expected to reach an estimated $0.4 billion by 2030.
Q2. What is the growth forecast for microplastic recycling market?
Answer: The global microplastic recycling market is expected to grow with a CAGR of 6.5% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the microplastic recycling market?
Answer: The major drivers for this market are growing oceanic plastic pollution is affecting aquatic life and increasing demand for recycled materials in various industries.
Q4. What are the major segments for microplastic recycling market?
Answer: The future of the microplastic recycling market looks promising with opportunities in the packaging, agriculture, consumer good, textile, automotive & transportation, and building & construction markets.
Q5. Who are the key microplastic recycling market companies?
Answer: Some of the key microplastic recycling companies are as follows:
- Carbios
- PureCycle Technologies
- Ioniqa
- Calyxia
- PolyGone Systems
- Planetcare
- Ecofario
- Ocean Diagnostics
- Oceanworks
- Matter
Answer: Lucintel forecasts that secondary will remain the larger segment over the forecast period.
Q7. In microplastic recycling market, which region is expected to be the largest in next 5 years?
Answer: Europe will remain the largest region over the forecast period due to existence of stringent guidelines for waste management and the use of single-use plastics and presence of key manufacturers in the region.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the microplastic recycling market by product type (primary and secondary), end use (packaging, agriculture, consumer goods, textile, automotive & transportation, building & construction, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Microplastic Recycling Market, Microplastic Recycling Market Size, Microplastic Recycling Market Growth, Microplastic Recycling Market Analysis, Microplastic Recycling Market Report, Microplastic Recycling Market Share, Microplastic Recycling Market Trends, Microplastic Recycling Market Forecast, Microplastic Recycling Companies, write Lucintel analyst at email: [email protected]. We will be glad to get back to you soon.
1. EXECUTIVE SUMMARY
2. GLOBAL MICROPLASTIC RECYCLING MARKET : MARKET DYNAMICS
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. MARKET TRENDS AND FORECAST ANALYSIS FROM 2018 TO 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Microplastic Recycling Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Microplastic Recycling Market by Product Type
3.3.1: Primary
3.3.2: Secondary
3.4: Global Microplastic Recycling Market by End Use
3.4.1: Packaging
3.4.2: Agriculture
3.4.3: Consumer Goods
3.4.4: Textile
3.4.5: Automotive & Transportation
3.4.6: Building & Construction
3.4.7: Others
4. MARKET TRENDS AND FORECAST ANALYSIS BY REGION FROM 2018 TO 2030
4.1: Global Microplastic Recycling Market by Region
4.2: North American Microplastic Recycling Market
4.2.1: North American Microplastic Recycling Market by Product Type: Primary and Secondary
4.2.2: North American Microplastic Recycling Market by End Use: Packaging, Agriculture, Consumer Goods, Textile, Automotive & Transportation, Building & Construction, and Others
4.3: European Microplastic Recycling Market
4.3.1: European Microplastic Recycling Market by Product Type: Primary and Secondary
4.3.2: European Microplastic Recycling Market by End Use: Packaging, Agriculture, Consumer Goods, Textile, Automotive & Transportation, Building & Construction, and Others
4.4: APAC Microplastic Recycling Market
4.4.1: APAC Microplastic Recycling Market by Product Type: Primary and Secondary
4.4.2: APAC Microplastic Recycling Market by End Use: Packaging, Agriculture, Consumer Goods, Textile, Automotive & Transportation, Building & Construction, and Others
4.5: ROW Microplastic Recycling Market
4.5.1: ROW Microplastic Recycling Market by Product Type: Primary and Secondary
4.5.2: ROW Microplastic Recycling Market by End Use: Packaging, Agriculture, Consumer Goods, Textile, Automotive & Transportation, Building & Construction, and Others
5. COMPETITOR ANALYSIS
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. GROWTH OPPORTUNITIES AND STRATEGIC ANALYSIS
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Microplastic Recycling Market by Product Type
6.1.2: Growth Opportunities for the Global Microplastic Recycling Market by End Use
6.1.3: Growth Opportunities for the Global Microplastic Recycling Market by Region
6.2: Emerging Trends in the Global Microplastic Recycling Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Microplastic Recycling Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Microplastic Recycling Market
6.3.4: Certification and Licensing
7. COMPANY PROFILES OF LEADING PLAYERS
7.1: Carbios
7.2: PureCycle technologies
7.3: Ioniqa
7.4: Calyxia
7.5: PolyGone Systems
7.6: PlanetCare
7.7: ECOFARIO
7.8: Ocean Diagnostics
7.9: Oceanworks
7.10: Matter
2. GLOBAL MICROPLASTIC RECYCLING MARKET : MARKET DYNAMICS
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. MARKET TRENDS AND FORECAST ANALYSIS FROM 2018 TO 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Microplastic Recycling Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Microplastic Recycling Market by Product Type
3.3.1: Primary
3.3.2: Secondary
3.4: Global Microplastic Recycling Market by End Use
3.4.1: Packaging
3.4.2: Agriculture
3.4.3: Consumer Goods
3.4.4: Textile
3.4.5: Automotive & Transportation
3.4.6: Building & Construction
3.4.7: Others
4. MARKET TRENDS AND FORECAST ANALYSIS BY REGION FROM 2018 TO 2030
4.1: Global Microplastic Recycling Market by Region
4.2: North American Microplastic Recycling Market
4.2.1: North American Microplastic Recycling Market by Product Type: Primary and Secondary
4.2.2: North American Microplastic Recycling Market by End Use: Packaging, Agriculture, Consumer Goods, Textile, Automotive & Transportation, Building & Construction, and Others
4.3: European Microplastic Recycling Market
4.3.1: European Microplastic Recycling Market by Product Type: Primary and Secondary
4.3.2: European Microplastic Recycling Market by End Use: Packaging, Agriculture, Consumer Goods, Textile, Automotive & Transportation, Building & Construction, and Others
4.4: APAC Microplastic Recycling Market
4.4.1: APAC Microplastic Recycling Market by Product Type: Primary and Secondary
4.4.2: APAC Microplastic Recycling Market by End Use: Packaging, Agriculture, Consumer Goods, Textile, Automotive & Transportation, Building & Construction, and Others
4.5: ROW Microplastic Recycling Market
4.5.1: ROW Microplastic Recycling Market by Product Type: Primary and Secondary
4.5.2: ROW Microplastic Recycling Market by End Use: Packaging, Agriculture, Consumer Goods, Textile, Automotive & Transportation, Building & Construction, and Others
5. COMPETITOR ANALYSIS
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. GROWTH OPPORTUNITIES AND STRATEGIC ANALYSIS
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Microplastic Recycling Market by Product Type
6.1.2: Growth Opportunities for the Global Microplastic Recycling Market by End Use
6.1.3: Growth Opportunities for the Global Microplastic Recycling Market by Region
6.2: Emerging Trends in the Global Microplastic Recycling Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Microplastic Recycling Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Microplastic Recycling Market
6.3.4: Certification and Licensing
7. COMPANY PROFILES OF LEADING PLAYERS
7.1: Carbios
7.2: PureCycle technologies
7.3: Ioniqa
7.4: Calyxia
7.5: PolyGone Systems
7.6: PlanetCare
7.7: ECOFARIO
7.8: Ocean Diagnostics
7.9: Oceanworks
7.10: Matter
