Scienza e Tecnologia
Global Advanced Recycling Technologies Market to Reach $9.33 Billion by 2031 - Exclusive DeepTech M-A-P™ Analysis by BIS Research
According to this study, the global advanced recycling technologies market was valued at $270.5 million in 2022 and is projected to reach $9.33 billion by 2031, growing at a staggering CAGR of 48.22%.
The following factors are responsible for the increase in demand for advanced recycling technologies:
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According to
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Among different end-users, food and beverage packaging is expected to be the largest application during the forecast period 2022-2031. In the case of packaging made of recycled plastics, there is a significant possibility that dangerous substances would contaminate food. However, this is not the case with advanced recycled packaging. In addition, in the EU Plastic Strategy, advanced recycling is acknowledged as having "a powerful effect" (EU Plastic Strategy, 2018). Therefore, its demand in the food and beverage packaging sector is increasing.
The companies profiled have been selected based on input gathered from primary experts and analyzing company coverage, product portfolio, and market penetration. Some of the established names in the market are Agilyx,
Stena Metall , Chevron Phillips Chemical Company LLC, Honeywell International Inc., Plastic Energy, Enerkem, Loop Industries, Inc., Gr3n Recycling, Carbios SA, Pyrowave, Polystyvert Inc., Recycling Avenue BV, BlueAlp Innovations BV, Quantafuel ASA, Mura Technology Limited, Alterra, Aduro Clean Technologies Inc., Brightmark, GreenMantra Technologies, Axens, and more.
Plastics Market
Recyclable Thermoset Market
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