Market revenue in 2023 | USD 1,569.8 million |
Market revenue in 2030 | USD 2,935.3 million |
Growth rate | 9.4% (CAGR from 2023 to 2030) |
Largest segment | Polyethylene |
Fastest growing segment | Polypropylene |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Polyethylene, Polyethylene Terephthalate, Polypropylene, Polyvinyl Chloride, Polystyrene |
Key market players worldwide | Rethmann AG & Co. KG, Biffa, Stericycle Inc, Republic Services Inc, Waste Management Inc, Veolia Environnement SA, Shell PLC, Waste Connections Inc, Clean Harbors Inc, Covestro AG |
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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 plastics market will help companies and investors design strategic landscapes.
Polyethylene was the largest segment with a revenue share of 32.95% in 2023. Horizon Databook has segmented the Italy recycled plastics market based on polyethylene, polyethylene terephthalate, polypropylene, polyvinyl chloride, polystyrene covering the revenue growth of each sub-segment from 2018 to 2030.
Italy ranks sixth in Europe in terms of automotive production, and automotive companies in Italy have invested an average of 12.6% of their revenues on research & development activities. The country has various luxury automobile manufacturers with the rising trend of companies launching electric vehicles is expected to drive the demand for recycled plastics over the forecast period.
According to report, Italy has recycling rate of 72% recycling rate. Italy generates around 175 million tonnes of waste. The plastic recycling market in Italy is quite active and involves more than 350 companies. These companies include waste collectors, sorters, and industrial waste handlers.
Horizon Databook provides a detailed overview of country-level data and insights on the Italy recycled plastics market , including forecasts for subscribers. This country databook contains high-level insights into Italy recycled plastics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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