Denmark Recycled Ocean Plastics Market Size & Outlook
Denmark recycled ocean plastics market, 2019-2030 (US$M)
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Denmark recycled ocean plastics market highlights
- The Denmark recycled ocean plastics market generated a revenue of USD 94.4 million in 2023 and is expected to reach USD 150.6 million by 2030.
- The Denmark market is expected to grow at a CAGR of 6.9% from 2024 to 2030.
- In terms of segment, polyethylene terephthalate (pet) was the largest revenue generating resin in 2023.
- Polystyrene (PS) is the most lucrative resin segment registering the fastest growth during the forecast period.
Recycled ocean plastics market data book summary
| Market revenue in 2023 | USD 94.4 million |
| Market revenue in 2030 | USD 150.6 million |
| Growth rate | 6.9% (CAGR from 2023 to 2030) |
| Largest segment | Polyethylene terephthalate (pet) |
| Fastest growing segment | Polystyrene (PS) |
| Historical data | 2019 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | High-density Polyethylene (HDPE), Low-density Polyethylene (LDPE), Polypropylene (PP), Polyethylene Terephthalate (PET), Polystyrene (PS), Polyvinyl chloride (PVC) |
| Key market players worldwide | Simpson Manufacturing Co Inc, Mitek Systems Inc, Eurotech Ltd, Globus Medical Inc Class A, Oceanworks, Aquafil SpA, Ocean Plastics, The Ocean Cleanup, Oceanus, Textil Santanderina, SeQual Technologies, Waterhaul, Bionic, Bureo Skateboards, Tide Ocean, Plastixs, POPSICASE, Parley, Econyl |
Other key industry trends
- In terms of revenue, Denmark accounted for 5.4% of the global recycled ocean plastics market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany recycled ocean plastics market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 184.3 million by 2030.
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Recycled Ocean Plastics Market Scope
Recycled Ocean Plastics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Denmark recycled ocean plastics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to recycled ocean plastics market will help companies and investors design strategic landscapes.
Polyethylene terephthalate (pet) was the largest segment with a revenue share of 38.56% in 2023. Horizon Databook has segmented the Denmark recycled ocean plastics market based on high-density polyethylene (hdpe), low-density polyethylene (ldpe), polypropylene (pp), polyethylene terephthalate (pet), polystyrene (ps), polyvinyl chloride (pvc) covering the revenue growth of each sub-segment from 2019 to 2030.
The Denmark recycled ocean plastics market is expected to witness significant growth over the forecast period. Danish consumers are becoming increasingly aware of environmental issues and are seeking products made from recycled materials including those sourced from the oceans. This growing consumer preference is a major driver for the recycled ocean plastics market.
In addition, improvements in the collection, sorting, and processing of ocean plastic waste have made it more economically viable for businesses to incorporate recycled ocean plastics into their products. The Danish government is taking steps to address plastic pollution by formulating a national plan of action.
This initiative follows recommendations on circular economy and a strategy plan from the EU. The government aims to combat plastic waste in the environment through various measures, including knowledge-building on metering and technologies for purifying microplastics in wastewater.
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Our clientele includes a mix of recycled ocean plastics market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Denmark recycled ocean plastics market, including forecasts for subscribers. This country databook contains high-level insights into Denmark recycled ocean plastics market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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Denmark recycled ocean plastics market report size, by resin, 2019-2030 (US$M)
Denmark Recycled Ocean Plastics Market Share, 2023 & 2030 (US$M)
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