Opportunities Preloader

Please Wait.....

Report

APAC Recycled Plastic Market - Industry Trends and Forecast to 2030

Market Report I 2023-06-01 I 245 Pages I Data Bridge Market Research

Asia-Pacific recycled plastic market is expected to reach USD 15,759,534.72 thousand by 2030 from USD 10,806,987.73 thousand in 2022, growing at a CAGR of 4.9% during the forecast period of 2023 to 2030.

Market Segmentation:
Asia-Pacific Recycled Plastic Market, By Source (Bottles, Films, fibers, Foams, and Others), Polymer Type (Polyethylene Terephthalate (PET), High-Density Polyethylene (HDPE), Low-Density Polyethylene (LDPE), Polypropylene, Polyvinyl Chloride (PVC), Polystyrene (PS), Polyurethane (PUR), and Others), Industry (Packaging, Building and Construction, Automotive, Electrical and Electronics, Furniture, Textile and Clothing, Aerospace and Defence, and Others), Country (China, India, Japan, South Korea, Taiwan, Australia & New Zealand, Malaysia, Philippines, Indonesia, Hong Kong, Singapore, Thailand, Rest of Asia-Pacific) - Industry Trends and Forecast To 2030.
Overview of Asia-Pacific recycled plastic Market Dynamics :

Driver

- Rising demand for sustainable packaging

Restraint

- Ineffective plastic waste segregation and disposal

Opportunity

- Advancements in plastic recycling technologies


Market Players:

The key players operating in the Asia-Pacific recycled plastic market are:
- Veolia
- LyondellBasell Industries Holdings B.V.
- Indorama Ventures Public Company Limited
- Dow
- Repsol
- Far Eastern New Century Corporation
- Borealis AG
- PLASTIPAK HOLDINGS, INC.
- Ultra-Poly Corporation
- CUSTOM POLYMERS
- K K Asia (HK) Ltd.
- MBA Polymers Inc.



TABLE OF CONTENTS
1 INTRODUCTION 41
1.1 OBJECTIVES OF THE STUDY 41
1.2 MARKET DEFINITION 41
1.3 OVERVIEW 41
1.4 LIMITATIONS 42
1.5 MARKETS COVERED 43
2 MARKET SEGMENTATION 47
2.1 MARKETS COVERED 47
2.2 GEOGRAPHICAL SCOPE 48
2.3 YEARS CONSIDERED FOR THE STUDY 49
2.4 CURRENCY AND PRICING 49
2.5 DBMR TRIPOD DATA VALIDATION MODEL 50
2.6 PRODUCT LIFE LINE CURVE 53
2.7 MULTIVARIATE MODELING 54
2.8 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 55
2.9 DBMR MARKET POSITION GRID 56
2.10 MARKET INDUSTRY COVERAGE GRID 57
2.11 DBMR MARKET CHALLENGE MATRIX 58
2.12 DBMR VENDOR SHARE ANALYSIS 59
2.13 SECONDARY SOURCES 60
2.14 ASSUMPTIONS 61
3 EXECUTIVE SUMMARY 62
4 PREMIUM INSIGHTS 65
4.1 PORTER'S FIVE FORCES 66
4.1.1 THREAT OF NEW ENTRANTS 66
4.1.2 THREAT OF SUBSTITUTES 67
4.1.3 CUSTOMER BARGAINING POWER 67
4.1.4 SUPPLIER BARGAINING POWER 67
4.1.5 INTERNAL COMPETITION (RIVALRY) 67
4.2 PESTLE ANALYSIS 68
4.2.1 POLITICAL FACTORS: 68
4.2.2 ECONOMIC FACTORS: 69
4.2.3 SOCIAL FACTORS: 69
4.2.4 TECHNOLOGICAL FACTORS: 70
4.2.5 LEGAL FACTORS: 70
4.2.6 ENVIRONMENTAL FACTORS: 71
4.3 IMPORT EXPORT SCENARIO 72
4.4 PRICE TREND ANALYSIS 73
4.5 PRODUCTION CONSUMPTION ANALYSIS 74
4.6 SUPPLY CHAIN ANALYSIS 75
4.6.1 OVERVIEW 75
4.6.2 LOGISTIC COST SCENARIO 75
4.6.3 IMPORTANCE OF LOGISTICS SERVICE PROVIDERS 76
4.7 CLIMATE CHANGE SCENARIO 77
4.7.1 ENVIRONMENTAL CONCERNS 77
4.7.2 INDUSTRY RESPONSE 77
4.7.3 GOVERNMENT'S ROLE 77
4.7.4 ANALYST RECOMMENDATION 77
4.8 LIST OF BUYERS 78
4.9 RAW MATERIAL PRODUCTION COVERAGE 79
4.10 TECHNOLOGICAL ADVANCEMENTS BY MANUFACTURERS 80
4.11 VENDOR SELECTION CRITERIA 81
5 REGULATION COVERAGE 83
6 MARKET OVERVIEW 85
6.1 DRIVERS 87
6.1.1 RISING DEMAND FOR SUSTAINABLE PACKAGING 87
6.1.2 IMPLEMENTATION OF SUPPORTIVE INITIATIVES BY VARIOUS GOVERNMENTS REGARDING RECYCLABLE PLASTIC 88
6.1.3 INCORPORATION OF RECYCLED PLASTICS IN THE TEXTILE AND APPAREL SECTOR 89
6.2 RESTRAINTS 90
6.2.1 INEFFECTIVE PLASTIC WASTE SEGREGATION AND DISPOSAL 90
6.2.2 CONCERNS REGARDING THE ACCESSIBILITY AND QUALITY OF RECYCLED PLASTICS 90
6.2.3 CREDIBLE SUBSTITUTE THREAT FROM CONVENTIONAL PLASTICS 91
6.3 OPPORTUNITIES 91
6.3.1 ADVANCEMENTS IN PLASTIC RECYCLING TECHNOLOGIES 91
6.3.2 SHIFT TOWARD CIRCULAR ECONOMY 92
6.3.3 COLLABORATION AND PARTNERSHIP BETWEEN RECYCLERS AND END-USER PRODUCT MANUFACTURERS 93
6.4 CHALLENGES 93
6.4.1 HIGH COST ASSOCIATED WITH RECYCLED PLASTICS PRODUCTION 93
6.4.2 INADEQUATE COLLECTION AND TREATMENT OF POTENTIALLY RECYCLABLE PLASTIC MATERIALS 94
7 ASIA PACIFIC RECYCLED PLASTIC MARKET, BY REGION 95
7.1 ASIA-PACIFIC 96
7.1.1 CHINA 106
7.1.2 INDIA 112
7.1.3 JAPAN 118
7.1.4 SOUTH KOREA 124
7.1.5 TAIWAN 130
7.1.6 AUSTRALIA & NEW ZEALAND 136
7.1.7 MALAYSIA 142
7.1.8 PHILIPPINES 148
7.1.9 INDONESIA 154
7.1.10 HONG KONG 160
7.1.11 SINGAPORE 166
7.1.12 THAILAND 172
7.1.13 REST OF ASIA-PACIFIC 178
8 ASIA PACIFIC RECYCLED PLASTIC MARKET: COMPANY LANDSCAPE 179
8.1 COMPANY SHARE ANALYSIS: ASIA PACIFIC 179
8.2 PRODUCT LAUNCH 180
8.3 PARTNERSHIP 181
8.4 EXPANSION 183
8.5 INVESTMENT 183
8.6 ACQUISITION 184
8.7 NEW PLANT 184
8.8 REGULATORY APPROVAL 185
9 COMPANY PROFILES 186
9.1 VEOLIA 186
9.1.1 COMPANY SNAPSHOT 186
9.1.2 PRODUCT PORTFOLIO 186
9.1.3 REVENUE ANALYSIS 187
9.1.4 COMPANY SHARE ANALYSIS 187
9.1.5 SWOT ANALYSIS 188
9.1.6 RECENT DEVELOPMENTS 188
9.2 LYONDELLBASELL INDUSTRIES HOLDINGS B.V. 189
9.2.1 COMPANY SNAPSHOT 189
9.2.2 REVENUE ANALYSIS 189
9.2.3 COMPANY SHARE ANALYSIS 190
9.2.4 PRODUCT PORTFOLIO 190
9.2.5 SWOT ANALYSIS 191
9.2.6 RECENT DEVELOPMENTS 191
9.3 INDORAMA VENTURES PUBLIC COMPANY LIMITED 192
9.3.1 COMPANY SNAPSHOT 192
9.3.2 SWOT ANALYSIS 193
9.3.3 REVENUE ANALYSIS 193
9.3.4 COMPANY SHARE ANALYSIS 194
9.3.5 PRODUCT PORTFOLIO 194
9.3.6 RECENT DEVELOPMENTS 195
9.4 DOW 197
9.4.1 COMPANY SNAPSHOT 197
9.4.2 SWOT ANALYSIS 198
9.4.3 REVENUE ANALYSIS 198
9.4.4 COMPANY SHARE ANALYSIS 199
9.4.5 PRODUCT PORTFOLIO 199
9.4.6 RECENT DEVELOPMENTS 200
9.5 REPSOL 201
9.5.1 COMPANY SNAPSHOT 201
9.5.2 PRODUCT PORTFOLIO 202
9.5.3 REVENUE ANALYSIS 203
9.5.4 COMPANY SHARE ANALYSIS 203
9.5.5 SWOT ANALYSIS 204
9.5.6 RECENT DEVELOPMENTS 204
9.6 ALPEK S.A.B. DE C.V. 205
9.6.1 COMPANY SNAPSHOT 205
9.6.2 SWOT ANALYSIS 206
9.6.3 REVENUE ANALYSIS 206
9.6.4 PRODUCT PORTFOLIO 207
9.6.5 RECENT DEVELOPMENTS 207
9.7 B & B PLASTICS INC. 209
9.7.1 COMPANY SNAPSHOT 209
9.7.2 PRODUCT PORTFOLIO 209
9.7.3 SWOT ANALYSIS 210
9.7.4 RECENT DEVELOPMENT 210
9.8 B. SCHOENBERG & CO., INC. 211
9.8.1 COMPANY SNAPSHOT 211
9.8.2 PRODUCT PORTFOLIO 211
9.8.3 SWOT ANALYSIS 212
9.8.4 RECENT DEVELOPMENT 212
9.9 BOREALIS AG. 213
9.9.1 COMPANY SNAPSHOT 213
9.9.2 REVENUE ANALYSIS 213
9.9.3 PRODUCT PORTFOLIO 214
9.9.4 SWOT ANALYSIS 214
9.9.5 RECENT DEVELOPMENT 215
9.10 CUSTOM POLYMERS 216
9.10.1 COMPANY SNAPSHOT 216
9.10.2 SWOT ANALYSIS 216
9.10.3 PRODUCT PORTFOLIO 217
9.10.4 RECENT DEVELOPMENT 217
9.11 ENVISION PLASTICS 218
9.11.1 COMPANY SNAPSHOT 218
9.11.2 SWOT ANALYSIS 218
9.11.3 PRODUCT PORTFOLIO 219
9.11.4 RECENT DEVELOPMENT 219
9.12 FAR EASTERN NEW CENTURY CORPORATION 220
9.12.1 COMPANY SNAPSHOT 220
9.12.2 SWOT ANALYSIS 221
9.12.3 REVENUE ANALYSIS 221
9.12.4 PRODUCT PORTFOLIO 222
9.12.5 RECENT DEVELOPMENTS 222
9.13 GRANITE PEAK PLASTICS. 223
9.13.1 COMPANY SNAPSHOT 223
9.13.2 PRODUCT PORTFOLIO 223
9.13.3 SWOT ANALYSIS 224
9.13.4 RECENT DEVELOPMENT 224
9.14 JAYPLAS 225
9.14.1 COMPANY SNAPSHOT 225
9.14.2 SWOT ANALYSIS 225
9.14.3 PRODUCT PORTFOLIO 226
9.14.4 RECENT DEVELOPMENTS 226
9.15 K K ASIA (HK) LTD. 227
9.15.1 COMPANY SNAPSHOT 227
9.15.2 SWOT ANALYSIS 227
9.15.3 PRODUCT PORTFOLIO 228
9.15.4 RECENT DEVELOPMENT 228
9.16 KW PLASTICS 229
9.16.1 COMPANY SNAPSHOT 229
9.16.2 SWOT ANALYSIS 229
9.16.3 PRODUCT PORTFOLIO 230
9.16.4 RECENT DEVELOPMENT 230
9.17 MBA POLYMERS INC. 231
9.17.1 COMPANY SNAPSHOT 231
9.17.2 SWOT ANALYSIS 231
9.17.3 PRODUCT PORTFOLIO 232
9.17.4 RECENT DEVELOPMENTS 232
9.18 PLASTIPAK HOLDINGS, INC. 233
9.18.1 COMPANY SNAPSHOT 233
9.18.2 REVENUE ANALYSIS 233
9.18.3 SWOT ANALYSIS 234
9.18.4 PRODUCT PORTFOLIO 234
9.18.5 RECENT DEVELOPMENTS 235
9.19 RECYCLED PLASTICS UK 236
9.19.1 COMPANY SNAPSHOT 236
9.19.2 PRODUCT PORTFOLIO 236
9.19.3 SWOT ANALYSIS 237
9.19.4 RECENT DEVELOPMENT 237
9.20 REVOLUTION COMPANY 238
9.20.1 COMPANY SNAPSHOT 238
9.20.2 PRODUCT PORTFOLIO 238
9.20.3 SWOT ANALYSIS 239
9.20.4 RECENT DEVELOPMENT 239
9.21 ULTRA-POLY CORPORATION. 240
9.21.1 COMPANY SNAPSHOT 240
9.21.2 PRODUCT PORTFOLIO 240
9.21.3 SWOT ANALYSIS 241
9.21.4 RECENT DEVELOPMENT 241
10 QUESTIONNAIRE 242
11 RELATED REPORTS 245

  • Not Sure / Need Reassuring
    • Confirm Content
      • Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:

        Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.

        Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.

        Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.

    • Sample Pages
      • With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.

        It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.

        To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.

    • Check for Alternatives
      • Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.

        To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.

  • Prices / Formats / Delivery
    • Prices
      • All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.

        Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.

    • Discounts
      • As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.

        Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.

        To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.

    • Available Currencies
      • Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.

        Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.

        To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.

    • Licenses
      • License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.

        If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.

    • Global Site License
      • The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.

        It is important to note that this may exclude Parent Companies or Subsidiaries.

        If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.

    • Formats
      • The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.

        If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.

    • Delivery
      • Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.

        Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.

        If a delay in delivery is expected you will be informed about it immediately.

    • Shipping Charges
      • As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.

        If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.

  • Ordering
    • By Credit Card
      • We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.

        Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.

        For more information on PayU please visit: https://www.payu.pl/en/about-us

    • By Money Transfer
      • If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.

        With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.

  • Security
    • Website security
      • We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.

        Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.

    • Credit Card Security
      • We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.

        PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.

PLEASE SELECT LICENSE