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Showing posts with the label India Waste Plastic Recycling Market

India Waste Plastic Recycling Market 2023-2028 | Research Report, Analysis and Rising Demands Across Various End-user Industries

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  IMARC Group has recently released a new research study titled " India Waste Plastic Recycling Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028 ", t he India waste plastic recycling market size reached 8.9 Million Tons in 2022 . Looking forward, IMARC Group expects the market to reach 18.5 Million Tons by 2028 , exhibiting a growth rate (CAGR) of 11.3% during 2023-2028. Waste plastic recycling refers to the process of converting plastic wastes and various used plastic items into other usable products. It comprises a detailed procedure wherein plastic products are sorted, washed, shredded, and compounded to make various new products. It is often carried out on a various grade of plastics, such as low-density and high-density polyethylene, polyvinyl chloride (PVC), and polyethylene terephthalate (PET). It helps to reduce the piling of wastes in landfills and incineration plants. It also lowers the negative impacts of extraction and processing o...