Asia-Pacific recycled plastic market is expected to reach USD 15,759,534.72 thousand by 2030 from USD 10,806,987.73 thousand in 2022, growing at a CAGR of 4.9% during the forecast period of 2023 to 2030.
Market Segmentation:
Asia-Pacific Recycled Plastic Market, By Source (Bottles, Films, fibers, Foams, and Others), Polymer Type (Polyethylene Terephthalate (PET), High-Density Polyethylene (HDPE), Low-Density Polyethylene (LDPE), Polypropylene, Polyvinyl Chloride (PVC), Polystyrene (PS), Polyurethane (PUR), and Others), Industry (Packaging, Building and Construction, Automotive, Electrical and Electronics, Furniture, Textile and Clothing, Aerospace and Defence, and Others), Country (China, India, Japan, South Korea, Taiwan, Australia & New Zealand, Malaysia, Philippines, Indonesia, Hong Kong, Singapore, Thailand, Rest of Asia-Pacific) - Industry Trends and Forecast To 2030.
Overview of Asia-Pacific recycled plastic Market Dynamics :
Driver
Rising demand for sustainable packaging
Restraint
Ineffective plastic waste segregation and disposal
Opportunity
Advancements in plastic recycling technologies
Market Players:
The key players operating in the Asia-Pacific recycled plastic market are:
Veolia
LyondellBasell Industries Holdings B.V.
Indorama Ventures Public Company Limited
Dow
Repsol
Far Eastern New Century Corporation
Borealis AG
PLASTIPAK HOLDINGS, INC.
Ultra-Poly Corporation
CUSTOM POLYMERS
K K Asia (HK) Ltd.
MBA Polymers Inc.
TABLE OF CONTENTS
1 INTRODUCTION 41
1.1 OBJECTIVES OF THE STUDY 41
1.2 MARKET DEFINITION 41
1.3 OVERVIEW 41
1.4 LIMITATIONS 42
1.5 MARKETS COVERED 43
2 MARKET SEGMENTATION 47
2.1 MARKETS COVERED 47
2.2 GEOGRAPHICAL SCOPE 48
2.3 YEARS CONSIDERED FOR THE STUDY 49
2.4 CURRENCY AND PRICING 49
2.5 DBMR TRIPOD DATA VALIDATION MODEL 50
2.6 PRODUCT LIFE LINE CURVE 53
2.7 MULTIVARIATE MODELING 54
2.8 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 55
2.9 DBMR MARKET POSITION GRID 56
2.10 MARKET INDUSTRY COVERAGE GRID 57
2.11 DBMR MARKET CHALLENGE MATRIX 58
2.12 DBMR VENDOR SHARE ANALYSIS 59
2.13 SECONDARY SOURCES 60
2.14 ASSUMPTIONS 61
3 EXECUTIVE SUMMARY 62
4 PREMIUM INSIGHTS 65
4.1 PORTERS FIVE FORCES 66
4.1.1 THREAT OF NEW ENTRANTS 66
4.1.2 THREAT OF SUBSTITUTES 67
4.1.3 CUSTOMER BARGAINING POWER 67
4.1.4 SUPPLIER BARGAINING POWER 67
4.1.5 INTERNAL COMPETITION (RIVALRY) 67
4.2 PESTLE ANALYSIS 68
4.2.1 POLITICAL FACTORS: 68
4.2.2 ECONOMIC FACTORS: 69
4.2.3 SOCIAL FACTORS: 69
4.2.4 TECHNOLOGICAL FACTORS: 70
4.2.5 LEGAL FACTORS: 70
4.2.6 ENVIRONMENTAL FACTORS: 71
4.3 IMPORT EXPORT SCENARIO 72
4.4 PRICE TREND ANALYSIS 73
4.5 PRODUCTION CONSUMPTION ANALYSIS 74
4.6 SUPPLY CHAIN ANALYSIS 75
4.6.1 OVERVIEW 75
4.6.2 LOGISTIC COST SCENARIO 75
4.6.3 IMPORTANCE OF LOGISTICS SERVICE PROVIDERS 76
4.7 CLIMATE CHANGE SCENARIO 77
4.7.1 ENVIRONMENTAL CONCERNS 77
4.7.2 INDUSTRY RESPONSE 77
4.7.3 GOVERNMENTS ROLE 77
4.7.4 ANALYST RECOMMENDATION 77
4.8 LIST OF BUYERS 78
4.9 RAW MATERIAL PRODUCTION COVERAGE 79
4.10 TECHNOLOGICAL ADVANCEMENTS BY MANUFACTURERS 80
4.11 VENDOR SELECTION CRITERIA 81
5 REGULATION COVERAGE 83
6 MARKET OVERVIEW 85
6.1 DRIVERS 87
6.1.1 RISING DEMAND FOR SUSTAINABLE PACKAGING 87
6.1.2 IMPLEMENTATION OF SUPPORTIVE INITIATIVES BY VARIOUS GOVERNMENTS REGARDING RECYCLABLE PLASTIC 88
6.1.3 INCORPORATION OF RECYCLED PLASTICS IN THE TEXTILE AND APPAREL SECTOR 89
6.2 RESTRAINTS 90
6.2.1 INEFFECTIVE PLASTIC WASTE SEGREGATION AND DISPOSAL 90
6.2.2 CONCERNS REGARDING THE ACCESSIBILITY AND QUALITY OF RECYCLED PLASTICS 90
6.2.3 CREDIBLE SUBSTITUTE THREAT FROM CONVENTIONAL PLASTICS 91
6.3 OPPORTUNITIES 91
6.3.1 ADVANCEMENTS IN PLASTIC RECYCLING TECHNOLOGIES 91
6.3.2 SHIFT TOWARD CIRCULAR ECONOMY 92
6.3.3 COLLABORATION AND PARTNERSHIP BETWEEN RECYCLERS AND END-USER PRODUCT MANUFACTURERS 93
6.4 CHALLENGES 93
6.4.1 HIGH COST ASSOCIATED WITH RECYCLED PLASTICS PRODUCTION 93
6.4.2 INADEQUATE COLLECTION AND TREATMENT OF POTENTIALLY RECYCLABLE PLASTIC MATERIALS 94
7 ASIA PACIFIC RECYCLED PLASTIC MARKET, BY REGION 95
7.1 ASIA-PACIFIC 96
7.1.1 CHINA 106
7.1.2 INDIA 112
7.1.3 JAPAN 118
7.1.4 SOUTH KOREA 124
7.1.5 TAIWAN 130
7.1.6 AUSTRALIA & NEW ZEALAND 136
7.1.7 MALAYSIA 142
7.1.8 PHILIPPINES 148
7.1.9 INDONESIA 154
7.1.10 HONG KONG 160
7.1.11 SINGAPORE 166
7.1.12 THAILAND 172
7.1.13 REST OF ASIA-PACIFIC 178
8 ASIA PACIFIC RECYCLED PLASTIC MARKET: COMPANY LANDSCAPE 179
8.1 COMPANY SHARE ANALYSIS: ASIA PACIFIC 179
8.2 PRODUCT LAUNCH 180
8.3 PARTNERSHIP 181
8.4 EXPANSION 183
8.5 INVESTMENT 183
8.6 ACQUISITION 184
8.7 NEW PLANT 184
8.8 REGULATORY APPROVAL 185
9 COMPANY PROFILES 186
9.1 VEOLIA 186
9.1.1 COMPANY SNAPSHOT 186
9.1.2 PRODUCT PORTFOLIO 186
9.1.3 REVENUE ANALYSIS 187
9.1.4 COMPANY SHARE ANALYSIS 187
9.1.5 SWOT ANALYSIS 188
9.1.6 RECENT DEVELOPMENTS 188
9.2 LYONDELLBASELL INDUSTRIES HOLDINGS B.V. 189
9.2.1 COMPANY SNAPSHOT 189
9.2.2 REVENUE ANALYSIS 189
9.2.3 COMPANY SHARE ANALYSIS 190
9.2.4 PRODUCT PORTFOLIO 190
9.2.5 SWOT ANALYSIS 191
9.2.6 RECENT DEVELOPMENTS 191
9.3 INDORAMA VENTURES PUBLIC COMPANY LIMITED 192
9.3.1 COMPANY SNAPSHOT 192
9.3.2 SWOT ANALYSIS 193
9.3.3 REVENUE ANALYSIS 193
9.3.4 COMPANY SHARE ANALYSIS 194
9.3.5 PRODUCT PORTFOLIO 194
9.3.6 RECENT DEVELOPMENTS 195
9.4 DOW 197
9.4.1 COMPANY SNAPSHOT 197
9.4.2 SWOT ANALYSIS 198
9.4.3 REVENUE ANALYSIS 198
9.4.4 COMPANY SHARE ANALYSIS 199
9.4.5 PRODUCT PORTFOLIO 199
9.4.6 RECENT DEVELOPMENTS 200
9.5 REPSOL 201
9.5.1 COMPANY SNAPSHOT 201
9.5.2 PRODUCT PORTFOLIO 202
9.5.3 REVENUE ANALYSIS 203
9.5.4 COMPANY SHARE ANALYSIS 203
9.5.5 SWOT ANALYSIS 204
9.5.6 RECENT DEVELOPMENTS 204
9.6 ALPEK S.A.B. DE C.V. 205
9.6.1 COMPANY SNAPSHOT 205
9.6.2 SWOT ANALYSIS 206
9.6.3 REVENUE ANALYSIS 206
9.6.4 PRODUCT PORTFOLIO 207
9.6.5 RECENT DEVELOPMENTS 207
9.7 B & B PLASTICS INC. 209
9.7.1 COMPANY SNAPSHOT 209
9.7.2 PRODUCT PORTFOLIO 209
9.7.3 SWOT ANALYSIS 210
9.7.4 RECENT DEVELOPMENT 210
9.8 B. SCHOENBERG & CO., INC. 211
9.8.1 COMPANY SNAPSHOT 211
9.8.2 PRODUCT PORTFOLIO 211
9.8.3 SWOT ANALYSIS 212
9.8.4 RECENT DEVELOPMENT 212
9.9 BOREALIS AG. 213
9.9.1 COMPANY SNAPSHOT 213
9.9.2 REVENUE ANALYSIS 213
9.9.3 PRODUCT PORTFOLIO 214
9.9.4 SWOT ANALYSIS 214
9.9.5 RECENT DEVELOPMENT 215
9.10 CUSTOM POLYMERS 216
9.10.1 COMPANY SNAPSHOT 216
9.10.2 SWOT ANALYSIS 216
9.10.3 PRODUCT PORTFOLIO 217
9.10.4 RECENT DEVELOPMENT 217
9.11 ENVISION PLASTICS 218
9.11.1 COMPANY SNAPSHOT 218
9.11.2 SWOT ANALYSIS 218
9.11.3 PRODUCT PORTFOLIO 219
9.11.4 RECENT DEVELOPMENT 219
9.12 FAR EASTERN NEW CENTURY CORPORATION 220
9.12.1 COMPANY SNAPSHOT 220
9.12.2 SWOT ANALYSIS 221
9.12.3 REVENUE ANALYSIS 221
9.12.4 PRODUCT PORTFOLIO 222
9.12.5 RECENT DEVELOPMENTS 222
9.13 GRANITE PEAK PLASTICS. 223
9.13.1 COMPANY SNAPSHOT 223
9.13.2 PRODUCT PORTFOLIO 223
9.13.3 SWOT ANALYSIS 224
9.13.4 RECENT DEVELOPMENT 224
9.14 JAYPLAS 225
9.14.1 COMPANY SNAPSHOT 225
9.14.2 SWOT ANALYSIS 225
9.14.3 PRODUCT PORTFOLIO 226
9.14.4 RECENT DEVELOPMENTS 226
9.15 K K ASIA (HK) LTD. 227
9.15.1 COMPANY SNAPSHOT 227
9.15.2 SWOT ANALYSIS 227
9.15.3 PRODUCT PORTFOLIO 228
9.15.4 RECENT DEVELOPMENT 228
9.16 KW PLASTICS 229
9.16.1 COMPANY SNAPSHOT 229
9.16.2 SWOT ANALYSIS 229
9.16.3 PRODUCT PORTFOLIO 230
9.16.4 RECENT DEVELOPMENT 230
9.17 MBA POLYMERS INC. 231
9.17.1 COMPANY SNAPSHOT 231
9.17.2 SWOT ANALYSIS 231
9.17.3 PRODUCT PORTFOLIO 232
9.17.4 RECENT DEVELOPMENTS 232
9.18 PLASTIPAK HOLDINGS, INC. 233
9.18.1 COMPANY SNAPSHOT 233
9.18.2 REVENUE ANALYSIS 233
9.18.3 SWOT ANALYSIS 234
9.18.4 PRODUCT PORTFOLIO 234
9.18.5 RECENT DEVELOPMENTS 235
9.19 RECYCLED PLASTICS UK 236
9.19.1 COMPANY SNAPSHOT 236
9.19.2 PRODUCT PORTFOLIO 236
9.19.3 SWOT ANALYSIS 237
9.19.4 RECENT DEVELOPMENT 237
9.20 REVOLUTION COMPANY 238
9.20.1 COMPANY SNAPSHOT 238
9.20.2 PRODUCT PORTFOLIO 238
9.20.3 SWOT ANALYSIS 239
9.20.4 RECENT DEVELOPMENT 239
9.21 ULTRA-POLY CORPORATION. 240
9.21.1 COMPANY SNAPSHOT 240
9.21.2 PRODUCT PORTFOLIO 240
9.21.3 SWOT ANALYSIS 241
9.21.4 RECENT DEVELOPMENT 241
10 QUESTIONNAIRE 242
11 RELATED REPORTS 245