[Online Quarterly Update] Saudi Arabia plastic recycling market stood at 1.49 Million Tonnes in 2020 and is forecast to reach 2.67 Million Tonnes by 2030, growing at a healthy CAGR of 5.79% until 2030. Plastic recycling players in the country are accepting government regulations for municipal waste recycling of food waste, textile, plastics, glass, metals, and other elements to deliver new recycled low-cost products, which is expected to drive Saudi Arabia plastic recycling market. In recent years, the government has taken various initiatives such as launching various plastic recycling centers in UAE, Saudi Arabia, Qatar, etc., which is a welcome development and big step towards sustainability. In 2018, SASO (Saudi Arabian Standards, Metrology, and Quality Organization) introduced new regulatory requirements for plastics in the country, according to which, plastic products must be made of approved oxo-biodegradable material. In 2019, the National Waste Management Centre, Riyadh Municipality, and Saudi Investment Recycling Company (SIRC) signed a memorandum of understanding (MoU), to start integrated waste management and waste recycling activities in Riyadh. The goals include recycling 81 percent of the solid waste at 3.4 million tons per annum, recycling 47 percent of construction waste at around 5million tons per annum, and the removal and recycling of 20 million tons of construction and demolition waste lying in vacant plots and roadsides. Besides, the growing adoption of recycled plastics across various industry players to reduce energy consumption and lower their carbon footprint is expected to propel Saudi Arabia Plastic Recycling market during the forecast period. The COVID-19 outbreak resulted in the growing need for plastic in various industries such as food & beverage, pharmaceuticals, healthcare, etc., but its inappropriate disposal negatively impacted the plastic recycling market in the country. However, the rising adoption of recycled plastic in industries and stringent measures by the government to curb plastic pollution is likely to stimulate Saudi Arabia Plastic Recycling market growth during the forecast period.
Under this subscription, you would be able to access Saudi Arabia 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
This report will be delivered on an online digital platform with a one-year subscription and quarterly update.
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 Saudi Arabia 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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Disruption Tracker
Disruption Tracker reflect the major shutdown on monthly basis which will help you in
tracking the inventory management and smooth functioning of business. Unforeseen shutdowns and disruptions
resulting in a loss of production capacity to impact the bottom line. The capacity tracker provides industries
with a global view of production and consumption capacity loss that reflects the corresponding conversion factors.
It also highlights the immediate impact on supply due to planned and unplanned outages as well as upcoming start-up
of new capacities. Additionally, it emphasizes how each shutdown—whether due to a maintenance turnaround or a case
of force majeure, affects the plant's operating rate for the given duration. Disruption tracker gives a clear insight
into the worldwide outages affecting the commodity of interest. With every shutdown, it also reflects the impact on
supply of the product in the market at a Global level.
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