The packaging application segment continues to dominate the market for recycled plastics and is anticipated to maintain its position. Construction materials and the automotive sector are also hailed as booming markets in a report from the consultants.
Another key take-away is that the textile industry in emerging countries across the Asia-Pacific region provides ‘promising potential’ for recycled plastics.
The Asia Pacific region continues to be the biggest plastics recycling player, followed closely by Europe which is the fastest growing market. Other regions covered in the report include the Middle East & Africa, Latin America and North America.
Fuente: Recycling International.com