India Waste Plastic Recycling Market Report, Industry Trends, Size, Share, Growth, Analysis and Forecast till 2022-2027

  According to the latest report by IMARC Group, “India Waste Plastic Recycling Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the India waste plastic recycling market reached a volume of 7.78 Million Tons in 2021. Looking forward, IMARC Group expects the market to reach 16.58 Million Tons by 2027, exhibiting a CAGR of 11.80% during 2022-2027.

Waste plastic recycling is the method of recovering and reprocessing waste or scrap plastic into functional products. It assists in reducing the dependence on landfills, conserving resources, and minimizing plastic pollution and greenhouse gas (GHG) emissions. It also helps decrease the harmful effects of plastic waste on the environment and divert the pressure from virgin materials for manufacturing new plastic products. Moreover, recycled plastics can be used for extensive applications across various industries, including packaging, automotive, textiles, and construction, due to their excellent versatility, durability, and lightweight. As a result, waste plastic recycling is rapidly gaining traction across India.  

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Request a Free PDF Sample for more detailed market insights: https://www.imarcgroup.com/india-waste-plastic-recycling-market/requestsample

India Waste Plastic Recycling Market Trends and Drivers:

The India waste plastic recycling market is primarily driven by the growing environmental concerns due to the rising plastic pollution. Additionally, the government of India is introducing stringent policies and recycling programs for minimizing plastic waste production. 

Along with this, the increasing establishment of advanced waste treatment facilities and the launch of sustainable plastic disposal solutions have catalyzed the market growth. Furthermore, the shifting focus of key players toward enhancing the quality and performance of recycled plastics has escalated the product demand. 

Other factors, including the widespread adoption of recycled plastics to reduce carbon footprint, technological advancements, and ongoing research and development (R&D) activities, are also anticipated to impel the market growth.  

India Waste Plastic Recycling Market Report Scope
Report CoverageDetails
Market volume in 20217.78 Million Tons
Market forecast in 202716.58 Million Tons
Growth RateCAGR of 11.80% from 2022 to 2027
Base year for estimation2021
Historical data2016-2021
Forecast period2022-2027


India Waste Plastic Recycling Market 2022-2027 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

A1 Impex, Addonn Polycomponds Private Limited, GD Plast, Gravita India Limited, Jairam Plastic Industries, Key Exports, Luckystar International Pvt. Ltd., Manjushree Technopack Limited (AI Lenarco Midco Limited), Parkash Plastic, Polyraw Enterprises, R.B. Polymers, and Yadav Infrapolymers Private Limited.

Inquire Before Buying : https://www.imarcgroup.com/request?type=report&id=5056&flag=F

The report has segmented the market on the basis of region, treatment, material, application and recycling process. 

Breakup by Treatment:

• Co-Processing

• Heat Compression

• Pyrolysis

• Landfill

• Incineration

• Others

 Breakup by Material:

• Poly Vinyl Chloride (PVC)

• Low-Density Polyethylene (LDPE)

• High-Density Polyethylene (HDPE)

• Polyethylene Terephthalate (PET)

• Polypropylene (PP)

• Acrylonitrile Butadiene Styrene (ABS)

• Others

 Breakup by Application:

• Packaging

• Construction

• Textile

• Automotive

• Others

 Breakup by Recycling Process:

• Mechanical

• Others

 Breakup by Region:

• North India

• West and Central India

• South India

• East India

Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/india-waste-plastic-recycling-market

If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

Key highlights of the report:

• Market Performance (2016-2021)

• Market Outlook (2022- 2027)

• Porter’s Five Forces Analysis

• Market Drivers and Success Factors

• SWOT Analysis

• Value Chain

• Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

Read Also : Identity Analytics Market Report 2022-2027, Industry Trends, Share, Size, Top Companies Overview, Growth and Forecast Analysis

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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