Plastic Waste Management Market Size: 2021 Trends, Global Analysis with Focus on Opportunities, Growth Potential & Forecast 2025
Market Highlights A huge amount of plastic waste is produced throughout the world, of which household and industry waste such as automobile, packaging, electronics, construction and agriculture contribute the most. Advanced technologies and processes used to reprocess, sort, and collect recyclable plastics are generating new opportunities in line with public health, manufacturing, environmental, and preservation values. Aspects such as increasing urbanization, industrialization and rising awareness of the environmental hazards are driving the growth of the global market for plastic waste management. Most laws and regulations enforced by the governments serve as a significant driver of business development. Additionally, the market is driven by government initiatives to recycle plastic materials and growing concern about plastic waste disposal. Plastic is relatively cheap and durable, and recycled plastic is used to manufacture a wide variety of items such as carpets, garbage bags, cl