India Plastic Recycling Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Distribution Channel, Regional Demand, 2015-2030

Format: Online | Last Updated: Aug 2021

[Online Quarterly Update] India plastic recycling market stood at 6.06 Million Tonnes in FY2021 and is forecast to reach 12.43 Million Tonnes by FY2030, growing at a healthy CAGR of 6.98% until FY2030. The plastic recycling industry in India is booming on account of the rise in the number of small-scale processing plants in the country and the increasing focus of non-governmental entities on secondary use economy. Besides, the government has enforced a ban on ultra-thin polyethylene bags in some cities of India, presumably a surrogate measure for economic sustainability and advancement and curb plastic pollution. Additionally, the growing packaging industry is spurring the demand for PET and HDPE for packaging applications, which is likely to enhance the plastic recycling market. In 2019, the government called for an end to using single-use plastics and set an ambitious target of eliminating single-use plastics by 2022. Government initiatives such as Swachh Bharat Mission (SBM) and Make in India are continuously working towards circular economy policies, which is leading towards the development of plastic recycling in India. The COVID-19 pandemic resulted in huge demand for plastic due to its extensive use in the healthcare, pharmaceutical, and food & beverage sector. But, the illegal and inappropriate disposal of plastic waste affected the plastic recycling market negatively.
 
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Years Considered for Analysis:

Historical Years: FY2015-FY2020
Base Year: FY2021
Estimated Year: FY2022
Forecast Period: FY2023 – FY2030
 
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Deliverables
 
Installed Capacity By Company
Installed capacity at a regional level along with the individual capacity of leading players
Installed Capacity By Location
Installed capacity at country level
Installed Capacity By Process
Installed capacity by different processes
Installed Capacity By Technology
Installed capacity by different technologies being used to produce Plastic Recycling
Production By Company
Actual production done by different companies
Operating Efficiency By Company
Operating efficiency at which different companies are operating their plants
Demand By End Use
Demand/Sale of Plastic Recycling in different end-user industries across the region
Demand By Sales Channel
Demand/Sale of Plastic Recycling by different sales channels across the region
Demand By Region
Demand/Sale of Plastic Recycling in different regions of the country
Country-Wise Exports
Exports of Plastic Recycling by Different Countries
Country-Wise Imports
Imports of Plastic Recycling by Different Countries
Demand & Supply Gap
Demand & Supply Gap at the country level
Market Share of Leading Players
Revenue shares of leading players in the country
News & Deals
Historical & Current News & Deals in Plastic Recycling market
 
To extract data for the India Plastic Recycling market, the ChemAnalyst team conducts primary research surveys with Plastic Recycling manufacturers, suppliers, distributors, wholesalers, and customers, followed by exhaustive secondary research to cross-validate the information being collected through primary research surveys.

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