H1 2023: In April 2023, Fost Plus signed an agreement with Morssinkhof Plastics Belgium for the construction of a new plastic recycling facility. Waste packaging made of polypropylene, polyethylene, and HDPE will be processed at the plant into raw materials for further use in the packaging sector. The facility will be able to recycle 40,000 tonnes per year. 24 thousand tonnes of PMD waste collected from Belgian homes will be provided to the facility by Fost Plus. The facility will be able turn HDPE bottles for milk, shampoo and conditioner, detergent, and shower gel in addition to polypropylene products including yoghurt cups, butter dishes, and ready-meal trays into raw material for packaging. When the facility will begin operating in October 2024, the facility will recycle both polyethylene (such as shampoo and milk packaging) and polypropylene packaging. In June 2023, ALPLA announced an investment of EUR 60 million in a PET and HDPE recycling facility located near Balito’s industrial region South African province of KwaZulu Natal. The plant will have a production capacity of 238 thousand tonnes for rPET (recycled PET) and 74 thousand tonnes for rHDPE (recycled HDPE). It is anticipated that construction will begin in the summer of 2023 and end in the autumn of 2024 and the facility will be recycling plastic bottles.
The global Recycled-High Density Polyethylene (R-HDPE) market has grown remarkably to reach approximately 1410 thousand tonnes in 2022 and is anticipated to grow at a CAGR of 6.53% during the forecast period until 2032.
High-density polyethylene is far more durable than other plastics. Due to its sturdy internal structure, HDPE can be reused in a number of applications. Bottles, pens, picnic tables, rope, toys, decking, bike racks, plastic fencing, benches, furniture, recycling bins, and garbage cans are all common uses for recycled high-density polyethylene. HDPE is simple to recycle and can be recycled up to ten times for new plastics. Most recycling programmes accept "2" containers, however as with all recycling. One should make sure they are clean, rinsed, and dry before discarding to avoid contamination. The recommended method for creating new products is to use HDPE plastic. It lessens pollution and conserves resources including water, energy, and landfill space. A few goods that can be created with recycled HDPE brand-new wheeled trash cans and recycling bins, plastic wood, Playgrounds, picnic tables, utility pipes, bottles for antifreeze, motor oil, laundry detergent, cleaning supplies, conditioner, and shampoo, Furniture for the garden and flowerpots.
The applications of recycled HDPE (R-HDPE) is in food-grade HDPE packaging and non- food-grade HDPE packaging. Shampoo bottles, chemical and cosmetic containers, recycling bins and shopping bags, beverage bottles, bottle caps, milk jugs, and many more items are among the packaging usually created from HDPE regrind. Non-food bottles is the main driver of the R-HDPE market. Additionally, HDPE recycled materials can be used for non-food applications like cable and wire covers. Pipe systems are widely used application for recycled HDPE. Furthermore, recycled HDPE is great for making hard shells like computer cases because it is quite strong. Additionally, recycled HDPE can be used to make technical fibres for a variety of non-food uses, including indoor and outdoor furniture, flower pots, floor tiles, toys and plastic timber. Due to these reasons, the Recycled-High Density Polyethylene (R-HDPE) market is likely to reach approximately 2500 thousand tonnes by 2032.
Based on demand across the globe, the Asia Pacific is reported to be the biggest consumer of the Recycled-High Density Polyethylene (R-HDPE) market. In 2022, APAC captured roughly 42% of the market. The widespread usage of HDPE pipes in agriculture for rural irrigation, fire system supply lines, and drainage pipes as these pipes are flexible and long-lasting is attributed to the rising demand for high-density polyethylene in the Asia Pacific region. Additionally, the market is growing due to the increased use of HDPE in the food and beverage industry to create plastic caps, and containers. The market is also predicted to benefit from the growing demand for HDPE pipes in countries like India. The presence of several companies producing plastic goods all throughout China is another factor that will most likely fuel the r-hdpe market during the anticipated future.
Based on end-uses, the global Recycled-High Density Polyethylene (R-HDPE) market is segregated into Non-food bottles, Pipe, HDPE Lumber & Decking, Lawn & Garden products, and Others. Non-food bottles is dominating the global Recycled-High Density Polyethylene (R-HDPE) market.
Major players in the production of Global Recycled-High Density Polyethylene (R-HDPE) are Envision Plastics, ALPLA Group, Visy Recycling Europe Ltd, Quality Circular Polymers, EcoBlue Ltd., Biffa Polymers, Bright Green Plastics, PlasRecycle Ltd., Veolia Huafei Group, Graham Recycling Company, and Others.
Years considered for this report:
Historical Period: 2015- 2022
Base Year: 2022
Estimated Year: 2023
Forecast Period: 2024-2032
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Objective of the Study:
• To assess the demand-supply scenario of Recycled-High Density Polyethylene (R-HDPE) which covers production, demand and supply of Recycled-High Density Polyethylene (R-HDPE) market in the globe.
• To analyse and forecast the market size of Recycled-High Density Polyethylene (R-HDPE)
• To classify and forecast Global Recycled-High Density Polyethylene (R-HDPE) market based on end-use and regional distribution.
• To examine competitive developments such as expansions, mergers & acquisitions, etc., of Recycled-High Density Polyethylene (R-HDPE) market in the globe.
To extract data for Global Recycled-High Density Polyethylene (R-HDPE) market, primary research surveys were conducted with Recycled-High Density Polyethylene (R-HDPE) manufacturers, suppliers, distributors, wholesalers and Traders. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various segments and projected a positive outlook for Global Recycled-High Density Polyethylene (R-HDPE) market over the coming years.
ChemAnalyst calculated Recycled-High Density Polyethylene (R-HDPE) demand in the globe by analyzing the historical data and demand forecast which was carried out considering the raw materials to produce Recycled-High Density Polyethylene (R-HDPE). ChemAnalyst sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.
Key Target Audience:
• Recycled-High Density Polyethylene (R-HDPE) manufacturers and other stakeholders
• Organizations, forums and alliances related to Recycled-High Density Polyethylene (R-HDPE) distribution
• Government bodies such as regulating authorities and policy makers
• Market research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Recycled-High Density Polyethylene (R-HDPE) manufacturers, associations and policy makers. The study would also help them to target the growing segments over the coming years, thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
Report Scope:
In this report, Global Recycled-High Density Polyethylene (R-HDPE) market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Attribute
Details
Market size Volume in 2022
1400 thousand tonnes
Market size Volume by 2032
2500 thousand tonnes
Growth Rate
CAGR of 6.53% from 2023 to 2032
Base year for estimation
2023
Historic Data
2015 – 2022
Forecast period
2024 – 2032
Quantitative units
Demand in thousand tonnes and CAGR from 2023 to 2032
Report coverage
Industry Market Size, Capacity by Company, Capacity by Location, Operating Efficiency, Production by Company, Demand by End- Use, Demand by Region, Demand by Sales Channel, Demand-Supply Gap, Company Share, Manufacturing Process.
Segments covered
By End-Use: (Non-food bottles, Pipe, HDPE Lumber & Decking, Lawn & Garden products, and Others)
By Sales Channel: (Direct Sale and Indirect Sale)
Regional scope
North America, Europe, Asia Pacific, Middle East and Africa, and South America.
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Market Data & Insights
Table of Content
1. Industry Market Size
It is an essential metric for market analysis, as it provides insights into the overall size and growth potential of Recycled-High Density Polyethylene (R-HDPE) market in terms of value and volume.
2. Capacity By Company
On our online platform, you can stay up to date with essential manufacturers and their current and future operation capacity on a practically real-time basis for Recycled-High Density Polyethylene (R-HDPE).
3. Capacity By Location
To better understand the regional supply of Recycled-High Density Polyethylene (R-HDPE) by analyzing its manufacturers' location-based capacity.
4. Plant Operating Efficiency
To determine what percentage manufacturers are operating their plants or how much capacity is being currently used.
5. Production By Company [Quarterly Update]
Study the historical annual production of Recycled-High Density Polyethylene (R-HDPE) by the leading players and forecast how it will grow in the coming years.
6. Demand by End- Use [Quarterly Update]
Discover which end-user industry (Non-food bottles, Pipe, HDPE Lumber & Decking, Lawn & Garden products, and Others) are creating a market and the forecast for the growth of the Recycled-High Density Polyethylene (R-HDPE) market.
7. Demand by Region
Analyzing the change in demand of Recycled-High Density Polyethylene (R-HDPE) in different regions, i.e., North America, Europe, Asia Pacific, Middle East and Africa, and South America, that can direct you in mapping the regional demand.
8. Demand by Sales Channel (Direct and Indirect)
Multiple channels are used to sell Recycled-High Density Polyethylene (R-HDPE). Our sales channel will help in analyzing whether distributors and dealers or direct sales make up most of the industry's sales.
9. Demand-Supply Gap
Determine the supply-demand gap to gain information about the trade surplus or deficiency of Recycled-High Density Polyethylene (R-HDPE).
10. Company Share
Figure out what proportion of the market share of Recycled-High Density Polyethylene (R-HDPE) is currently held by leading players across the globe.
11. Manufacturing Process
Discover insights into the intricate manufacturing process of Recycled-High Density Polyethylene (R-HDPE).
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Which region is leading as a consumer of the global Recycled-High Density Polyethylene (R-HDPE) market?
Ans:
Asia Pacific is the largest consumer of the global Recycled-High Density Polyethylene (R-HDPE) market.
Q2.
Which end-use industry is dominating the Global Recycled-High Density Polyethylene (R-HDPE) market?
Ans:
The Non-food bottles industry is dominating the Recycled-High Density Polyethylene (R-HDPE) market which held a market share of about 38% in 2022.
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