Recycled Plastics Market To Predict Global Expansion At CAGR $96.48 Billion By 2030
Recycled Plastics Industry Overview The global recycled plastics market size was estimated at USD 51.70 billion in 2023 and is projected to grow at a CAGR of 9.5% from 2024 to 2030. Increasing plastic consumption in the production of lightweight components which are used in various industries including building & construction, automotive, electrical & electronics, and various other industries are expected to propel the market growth over the forecast period. Gather more insights about the market drivers, restrains and growth of the Recycled Plastics Market The rise in online purchases of electrical & electronics, personal care products and personal protective equipment products such as gloves, face masks, and various products is driving the demand for recycled plastics used in different types of packaging sources. According to the Verge, the demand for affordable consumer electronic products such as laptops, mobile, modems and ...