Increase in the level of pollution caused by plastic waste, implementation of sustainable development and increased awareness of the dangerous effects of plastic waste
— Emerging research
VANCOUVER, BC, CANADA, August 23, 2022 /EINPresswire.com/ — According to a recent report by Emergen Research, the entire world plastic waste management market is expected to reach a value of USD 40.80 billion by 2027. Maintaining the reputation of the organization, promoting the idea of sustainable development and limiting the use of plastics are the major factors influencing the market . Plastic reduces soil fertility. All living things on earth are experiencing an increase in mortality due to toxic compounds in plastics.
Over the past ten years, international authorities have organized a number of formal conferences to address the difficult and critical issue of plastic waste management. People’s desire for a decent and quiet existence has increased the demand for products and services. The degree of pollution and waste of products has increased due to the increase in consumption, which has a negative impact on the environment. For the preparation and delivery of alternative energy systems like fuel cells, batteries and even solar energy, plastics are also used.
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In the near future, the global plastic waste management market is expected to remain competitive and highly fragmented, with a number of small start-ups, mid-sized companies and large conglomerates.
The latest research report titled “Global Plastic Waste Management Market – Forecast to 2027” includes a comprehensive review of current and future trends in the global plastic waste management market. The report gathers viable information about the most established industry players, sales and distribution channels, regional spectrum, estimated market share and size, and revenue estimates over the forecast period. The study includes an in-depth analysis of this sphere of activity focusing on overall market compensation over the projected period.
The report also discusses key players involved in the market such as Veolia Environnement, SUEZ, Waste Management, Inc, Republic Services, Waste Connections, Inc, Biffa, Stericycle, Clean Harbors, Covanta Holding Corporation, and United Plastic Recycling, Inc., and others as well as new market entrants. The competitive analysis also includes a regional analysis of major geographic regions. The report covers regions such as North America, Europe, Asia-Pacific, Latin America, Middle East and Africa.
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The main findings of the report suggest:
Veolia Environnement and LC Packaging entered into a strategic partnership in May 2019 to reduce the global consumption of flexible packaging. Better services to address waste management challenges would flow from this arrangement. Water management, waste management and energy services are the three service and utility sectors in which Veolia Environnement, a global company headquartered in France, specializes.
Durable plastics, which are typically used in the packaging of everyday consumer products, are often discarded after one use and typically have a lifespan of three years. Automobiles, computers, appliances, carpets and fabrics are examples of convenience items. Because of the performance, affordability, and design benefits of durable items, design engineers, producers, and even customers continue to place high value on them.
Handling plastic waste could make money for the government. The governments of countries in North America and Europe have already put in place tough rules and laws to reduce the level of carbon dioxide emissions. As a result, the market in these areas is firmly established.
Emergen Research has segmented the global plastic waste management market based on polymer type, source, service, application, and region:
Polymer Type Outlook (Revenue: USD Billion; 2017-2027)
Low density polyethylene (LDPE)
Polyethylene terephthalate (PET)
Polyvinyl chloride (PVC)
Source Outlook (Revenue: USD Billion; 2017-2027)
Services Outlook (Revenue: USD Billion; 2017-2027)
Application Outlook (Revenue: USD Billion; 2017-2027)
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Key Benefits of Buying Global Plastic Waste Management Report:
Complete analysis of the changing competitive landscape
Assistance with business decision-making processes as well as detailed strategic planning methodologies
The report offers an 8-year forecast and assessment of the global plastic waste management market
Helps in understanding the key product segments and their estimated growth rate
In-depth analysis of market drivers, restraints, trends and opportunities
Comprehensive regional analysis of the global plastic waste management market
In-depth profiling of key business stakeholders
Detailed analysis of factors influencing the growth of the global plastic waste management market
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