Global Recycled Plastics Market Overview 2018, Size, Demand by Regions, Share and Forecast to 2023
The global recycled plastics market has witnessed a healthy growth over the past few years. Some of the major driving factors include rising environmental awareness and government initiatives aimed to reduce carbon emissions. Request a sample report: https://www.imarcgroup.com/request?type=report&id=841&flag=B According to IMARC Group’s latest report, titled “ Recycled Plastics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023 ”, the global recycled plastics market reached a value of US$ 37 Billion in 2017. As plastic waste is non-biodegradable, it is essential to recycle plastic and reduce solid waste in the environment. Plastic recycling is the process in which selective scraps of plastic are reprocessed into new products instead of using virgin resin. This process includes collection of scraps, sorting, shredding, cleaning, melting and making of plastic pellets. This recycled plastic is then used in the manufacturing of several p