UAE Plastic Recycling Market Analysis 2022: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Distribution Channel and Regional Demand – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “UAE Plastic Recycling Market Analysis” report has been added to ResearchAndMarkets.com’s offering.
The UAE plastic recycling market stood at 0.84 Million Tonnes in 2020 and is forecast to reach 1.44 Million Tonnes by 2030, growing at a healthy CAGR of 5.34% until 2030.
Increasing commercialization activities are driving the use of plastics in many forms, from shopping bags and water bottles to mobile phones and other consumer electronics, resulting in an increase in plastic waste in UAE over the past few years. Therefore, the government has highly encouraged companies to make use of technologies like plastic compactors to reduce the number of plastic waste.
In 2017, DGrade, an eco-friendly clothing manufacturer launched the “Simply Bottles initiative” to increase the recovery and recycling rates of plastic bottles in the UAE. The company has planned to develop the world’s first bottle-to-yarn recycling plant to reduce their plastic pollution and increase their recycling rates of plastic bottles. On March 2020, the Environment Agency-Abu Dhabi (EAD) announced a policy to reduce the amount of single-use plastic products in Abu Dhabi while encouraging recyclable and reusable products for a sustainable environment.
This initiative includes introducing fees on single-use plastic products which have available alternatives to prevent consumers from buying them. The COVID-19 outbreak led to significant demand for plastic across industries such as food & beverage, healthcare, pharmaceuticals, etc., which negatively impacted the plastic recycling market due to disruption in the plastic collection. However, a rising number of initiatives by key stakeholders and government to reduce plastic pollution and increasing adoption of recycled plastic by manufacturing units are likely to propel the UAE Plastic Recycling market growth in coming years.
Under this subscription, you would be able to access UAE Plastic Recycling market demand and supply analysis on a cloud-based platform for one year. The data is updated on a near real-time basis to add any new movement in the industry including, but not limited to new plant announcements, plant shutdowns, temporary disruptions in demand or supply, news and deals, and much more specific to Plastic Recycling.
Years Considered for Analysis:
- Historical Years: 2015 – 2019
- Base Year: 2020
- Estimated Year: 2021
- Forecast Period: 2022 – 2030
Key Topics Covered:
1. UAE Plastic Recycling Market Outlook, 2015-2030
1.1. Capacity By Company
1.2. Capacity By Location
1.5. Production By Company
1.6. Operating Efficiency By Company
1.7. Country-Wise Import
1.8. Country-Wise Export
1.9. Demand-Supply Gap
2. UAE Plastic Recycling Demand Outlook, 2015-2030
2.1. By End Use
2.2. By Application
2.3. By Sales Channel (Direct/Institutional Sales, Retail Sales, Other Channel Sales)
2.4. By Region
2.5. By Company Share of Leading Players
3. News & Deals
For more information about this report visit https://www.researchandmarkets.com/r/vkxk50
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