Report
Our reports provide latest industry trends, forecasts, company profiles, competitive landscape, and strategic insights.
Recycled Ocean Plastics Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Resin Type [Polyethylene Terephthalate (PET), Polyethylene (PE), Polypropylene (PP), Polystyrene (PS), and Others] and Application (Footwear, Bags & Luggage, Apparel, Construction Materials, and Others)
- Report Code : TIPRE00029755
- Pages : 181
The recycled ocean plastics market was valued at US$ 14,432.91 million in 2022 and is projected to reach US$ 23,579.40 million by 2028; it is expected to grow at a CAGR of 8.5% from 2022 to 2028.
Concern regarding plastic pollution is growing due to its adverse impact on living organisms. Tons of plastic waste dumped into oceans and waterways every year hampers the marine ecosystem. As a result, various manufacturers focus on recycling ocean plastic waste and turning it into useful products such as footwear, bags, luggage, wallets, and clothes. A wide range of plastic resins can be obtained after recycling ocean plastic waste and it includes polyethylene, polypropylene, polystyrene, polyvinyl chloride, and polyethylene terephthalate. The growth of the recycled ocean plastics market is mainly attributed to the growing awareness of environmental sustainability and rising demand for recycled ocean plastics from the footwear, apparel, and packaging industries. In addition, many governments and nonprofit organizations are taking initiatives to scale up the recycling of plastic waste that ends up in oceans and landfills. Such government regulations are bolstering the market growth. Emerging applications of recycled ocean plastics in food packaging will offer lucrative opportunities to the manufacturers of recycled ocean plastics during the forecast period. The collection of marine plastic waste is a complicated process. High-tech equipment set-ups are required to collect floating plastics from oceans and seas. Therefore, various challenges associated with waste collection and processing hamper the recycled ocean plastics market growth.
The global recycled ocean plastics market, by resin type, is segmented into polyethylene terephthalate (PET), polyethylene (PE), polypropylene (PP), polystyrene (PS), and others. The polyethylene terephthalate segment held the largest market share in 2021. Polyethylene terephthalate is the most widely used plastic since it is clear, strong, lightweight, and 100% recyclable. Polyethylene terephthalate bottles collected from the ocean are used for recycling purposes. Due to the increased demand for packaged food and beverages, polyethylene terephthalate is used for food packaging and bottling applications. Government initiatives regarding plastics recycling and high financial investments propel the demand for recycled polyethylene terephthalate.
In 2021, Asia Pacific held the largest revenue share of the global recycled ocean plastics market. The regional market, by country, is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. With a growing population in the region, the footwear, packaging, and construction industries are rapidly developing. The presence of well-established footwear manufacturing, apparel manufacturing, and packaging companies in the region significantly drives the demand for recycled ocean plastics. The construction business in countries across Asia Pacific has a lot of potential. Construction is an essential industry that contributes significantly to the region’s economic growth. The rise in urbanization has led to an increase in construction activities for residential purposes. Recycled ocean plastics are used in the construction industry. It is used in road development, facade designing, roof designing, and as a material for doors and windows. Wide applications of recycled ocean plastics in the construction industry are further fueling the recycled ocean plastics market growth in the region. Further, the regional manufacturers are producing eco-friendly products to reduce carbon footprints. For instance, Covestro, Huafeng, and Cyclone have jointly developed a solution to produce high-quality sports shoes sustainably. Such developments drive the market growth.
Aquafil S.p.A.; BIONIC; Tide Ocean SA; Oceanworks; Textil Santanderina; Envision Plastics; OceanYarn; Waste2Wear; Unifi, Inc.; and SABIC are among the players operating in the recycled ocean plastics market. These companies are making significant investments in R&D to develop innovative products to address emerging consumer requirements. Market players operating in the recycled ocean plastics market focus on providing high-quality products to meet customer demand.
The overall global recycled ocean plastics market size has been derived using both primary and secondary source. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants to validate the data, as well as to gain more analytical insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the recycled ocean plastics market.
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis Formulation:
3.2.4 Macro-economic Factor Analysis:
3.2.5 Developing Base Number:
3.2.6 Data Triangulation:
3.2.7 Country Level Data:
4. Recycled Ocean Plastics Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Threat of New Entrants:
4.2.2 Bargaining Power of Suppliers:
4.2.3 Bargaining Power of Buyers:
4.2.4 Competitive Rivalry:
4.2.5 Threat of Substitutes:
4.3 Expert Opinion
4.4 Ecosystem Analysis
4.5 Price-Trend Analysis, by Resin Type and Region, US$/Ton, 2021
5. Recycled Ocean Plastics Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Launch of Products Made from Recycled Ocean Plastics
5.1.2 Favorable Initiatives from Governments and Nonprofit Organizations
5.2 Market Restraints
5.2.1 Challenges Associated with Waste Collection and Processing
5.3 Market Opportunities
5.3.1 Developments in Recycling Technologies
5.3.2 Emerging Applications of Recycled Ocean Plastics in Food Packaging
5.4 Future Trends
5.4.1 Sustainable Clothing
5.5 Impact Analysis of Drivers and Restraints
6. Recycled Ocean Plastics – Global Market Analysis
6.1 Recycled Ocean Plastics Market Overview
6.2 Recycled Ocean Plastics Market –Revenue and Forecast to 2028 (US$ Million)
6.3 Recycled Ocean Plastics Market –Volume and Forecast to 2028 (Kilo Tons)
6.4 Competitive Positioning – Key Market Players
7. Global Recycled Ocean Plastics Market Analysis – By Resin Type
7.1 Overview
7.2 Global Recycled Ocean Plastics Market Breakdown, by Resin Type, 2021 & 2028
7.3 Polyethylene Terephthalate
7.3.1 Overview
7.3.2 Polyethylene Terephthalate: Global Recycled Ocean Plastics Market – Volume and Forecast to 2028 (Kilo Tons)
7.3.3 Polyethylene Terephthalate: Global Recycled Ocean Plastics Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Polyethylene
7.4.1 Overview
7.4.2 Polyethylene: Global Recycled Ocean Plastics Market – Volume and Forecast to 2028 (Kilo Tons)
7.4.3 Polyethylene: Global Recycled Ocean Plastics Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Polypropylene
7.5.1 Overview
7.5.2 Polypropylene: Global Recycled Ocean Plastics Market – Volume and Forecast to 2028 (Kilo Tons)
7.5.3 Polypropylene: Global Recycled Ocean Plastics Market – Revenue and Forecast to 2028 (US$ Million)
7.6 Polystyrene
7.6.1 Overview
7.6.2 Polystyrene: Global Recycled Ocean Plastics Market – Volume and Forecast to 2028 (Kilo Tons)
7.6.3 Polystyrene: Global Recycled Ocean Plastics Market – Revenue and Forecast to 2028 (US$ Million)
7.7 Others
7.7.1 Overview
7.7.2 Others: Global Recycled Ocean Plastics Market – Volume and Forecast to 2028 (Kilo Tons)
7.7.3 Others: Global Recycled Ocean Plastics Market – Revenue and Forecast to 2028 (US$ Million)
8. Global Recycled Ocean Plastics Market Analysis – By Application
8.1 Overview
8.2 Global Recycled Ocean Plastics Market Breakdown, by Application, 2021 & 2028
8.3 Apparel
8.3.1 Overview
8.3.2 Apparel: Global Recycled Ocean Plastics Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Footwear
8.4.1 Overview
8.4.2 Footwear: Global Recycled Ocean Plastics Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Bags and Luggage
8.5.1 Overview
8.5.2 Bags and Luggage: Global Recycled Ocean Plastics Market – Revenue and Forecast to 2028 (US$ Million)
8.6 Construction Material
8.6.1 Overview
8.6.2 Construction Material: Global Recycled Ocean Plastics Market – Revenue and Forecast to 2028 (US$ Million)
8.7 Others
8.7.1 Overview
8.7.2 Others: Global Recycled Ocean Plastics Market – Revenue and Forecast to 2028 (US$ Million)
9. Recycled Ocean Plastics Market – Geographic Analysis
9.1 Overview
9.2 North America: Recycled Ocean Plastics Market
9.2.1 North America: Recycled Ocean Plastics Market –Revenue and Forecast to 2028 (US$ Million)
9.2.2 North America: Recycled Ocean Plastics Market –Volume and Forecast to 2028 (Kilo Tons)
9.2.3 North America: Recycled Ocean Plastics Market, by Resin Type
9.2.4 North America: Recycled Ocean Plastics Market, by Application
9.2.5 North America: Recycled Ocean Plastics Market, by Key Country
9.2.5.1 US: Recycled Ocean Plastics Market –Revenue and Forecast to 2028 (US$ Million)
9.2.5.2 US: Recycled Ocean Plastics Market –Volume and Forecast to 2028 (Kilo Tons)
9.2.5.2.1 US: Recycled Ocean Plastics Market, by Resin Type
9.2.5.2.2 US: Recycled Ocean Plastics Market, by Resin Type
9.2.5.2.3 US: Recycled Ocean Plastics Market, by Application
9.2.5.3 Canada: Recycled Ocean Plastics Market–Revenue and Forecast to 2028 (US$ Million)
9.2.5.4 Canada: Recycled Ocean Plastics Market–Volume and Forecast to 2028 (Kilo Tons)
9.2.5.4.1 Canada: Recycled Ocean Plastics Market, by Resin Type
9.2.5.4.2 Canada: Recycled Ocean Plastics Market, by Resin Type
9.2.5.4.3 Canada: Recycled Ocean Plastics Market, by Application
9.2.5.5 Mexico: Recycled Ocean Plastics Market–Revenue and Forecast to 2028 (US$ Million)
9.2.5.6 Mexico: Recycled Ocean Plastics Market–Volume and Forecast to 2028 (Kilo Tons)
9.2.5.6.1 Mexico: Recycled Ocean Plastics Market, by Resin Type
9.2.5.6.2 Mexico: Recycled Ocean Plastics Market, by Resin Type
9.2.5.6.3 Mexico: Recycled Ocean Plastics Market, by Application
9.3 Europe: Recycled Ocean Plastics Market
9.3.1 Europe: Recycled Ocean Plastics Market–Revenue and Forecast to 2028 (US$ Million)
9.3.2 Europe: Recycled Ocean Plastics Market–Volume and Forecast to 2028 (Kilo Tons)
9.3.3 Europe: Recycled Ocean Plastics Market, by Resin Type
9.3.4 Europe: Recycled Ocean Plastics Market, by Application
9.3.5 Europe: Recycled Ocean Plastics Market, by Key Country
9.3.5.1 Germany: Recycled Ocean Plastics Market–Revenue and Forecast to 2028 (US$ Million)
9.3.5.2 Germany: Recycled Ocean Plastics Market–Volume and Forecast to 2028 (Kilo Tons)
9.3.5.2.1 Germany: Recycled Ocean Plastics Market, by Resin Type
9.3.5.2.2 Germany: Recycled Ocean Plastics Market, by Resin Type
9.3.5.2.3 Germany: Recycled Ocean Plastics Market, by Application
9.3.5.3 France: Recycled Ocean Plastics Market–Revenue and Forecast to 2028 (US$ Million)
9.3.5.4 France: Recycled Ocean Plastics Market–Volume and Forecast to 2028 (Kilo Tons)
9.3.5.4.1 France: Recycled Ocean Plastics Market, by Resin Type
9.3.5.4.2 France: Recycled Ocean Plastics Market, by Resin Type
9.3.5.4.3 France: Recycled Ocean Plastics Market, by Application
9.3.5.5 Italy: Recycled Ocean Plastics Market–Revenue and Forecast to 2028 (US$ Million)
9.3.5.6 Italy: Recycled Ocean Plastics Market–Volume and Forecast to 2028 (Kilo Tons)
9.3.5.6.1 Italy: Recycled Ocean Plastics Market, by Resin Type
9.3.5.6.2 Italy: Recycled Ocean Plastics Market, by Resin Type
9.3.5.6.3 Italy: Recycled Ocean Plastics Market, by Application
9.3.5.7 United Kingdom: Recycled Ocean Plastics Market–Revenue and Forecast to 2028 (US$ Million)
9.3.5.8 United Kingdom: Recycled Ocean Plastics Market–Volume and Forecast to 2028 (Kilo Tons)
9.3.5.8.1 United Kingdom: Recycled Ocean Plastics Market, by Resin Type
9.3.5.8.2 United Kingdom: Recycled Ocean Plastics Market, by Resin Type
9.3.5.8.3 United Kingdom: Recycled Ocean Plastics Market, by Application
9.3.5.9 Russia: Recycled Ocean Plastics Market–Revenue and Forecast to 2028 (US$ Million)
9.3.5.10 Russia: Recycled Ocean Plastics Market–Volume and Forecast to 2028 (Kilo Tons)
9.3.5.10.1 Russia: Recycled Ocean Plastics Market, by Resin Type
9.3.5.10.2 Russia: Recycled Ocean Plastics Market, by Resin Type
9.3.5.10.3 Russia: Recycled Ocean Plastics Market, by Application
9.3.5.11 Rest of Europe: Recycled Ocean Plastics Market –Revenue and Forecast to 2028 (US$ Million)
9.3.5.12 Rest of Europe: Recycled Ocean Plastics Market – Volume and Forecast to 2028 (Kilo Tons)
9.3.5.12.1 Rest of Europe: Recycled Ocean Plastics Market, by Resin Type
9.3.5.12.2 Rest of Europe: Recycled Ocean Plastics Market, by Resin Type
9.3.5.12.3 Rest of Europe: Recycled Ocean Plastics Market, by Application
9.4 Asia Pacific: Recycled Ocean Plastics Market
9.4.1 Asia Pacific: Recycled Ocean Plastics Market –Revenue and Forecast to 2028 (US$ Million)
9.4.2 Asia Pacific: Recycled Ocean Plastics Market –Volume and Forecast to 2028 (Kilo Tons)
9.4.3 Asia Pacific: Recycled Ocean Plastics Market, by Resin Type
9.4.4 Asia Pacific: Recycled Ocean Plastics Market, by Application
9.4.5 Asia Pacific: Recycled Ocean Plastics Market, by Key Country
9.4.5.1 Australia: Recycled Ocean Plastics Market –Revenue and Forecast to 2028 (US$ Million)
9.4.5.2 Australia: Recycled Ocean Plastics Market – Volume and Forecast to 2028 (Kilo Tons)
9.4.5.2.1 Australia: Recycled Ocean Plastics Market, by Resin Type
9.4.5.2.2 Australia: Recycled Ocean Plastics Market, by Resin Type
9.4.5.2.3 Australia: Recycled Ocean Plastics Market, by Application
9.4.5.3 China: Recycled Ocean Plastics Market –Revenue and Forecast to 2028 (US$ Million)
9.4.5.4 China: Recycled Ocean Plastics Market – Volume and Forecast to 2028 (Kilo Tons)
9.4.5.4.1 China: Recycled Ocean Plastics Market, by Resin Type
9.4.5.4.2 China: Recycled Ocean Plastics Market, by Resin Type
9.4.5.4.3 China: Recycled Ocean Plastics Market, by Application
9.4.5.5 India: Recycled Ocean Plastics Market –Revenue and Forecast to 2028 (US$ Million)
9.4.5.6 India: Recycled Ocean Plastics Market – Volume and Forecast to 2028 (Kilo Tons)
9.4.5.6.1 India: Recycled Ocean Plastics Market, by Resin Type
9.4.5.6.2 India: Recycled Ocean Plastics Market, by Resin Type
9.4.5.6.3 India: Recycled Ocean Plastics Market, by Application
9.4.5.7 Japan: Recycled Ocean Plastics Market –Revenue and Forecast to 2028 (US$ Million)
9.4.5.8 Japan: Recycled Ocean Plastics Market – Volume and Forecast to 2028 (Kilo Tons)
9.4.5.8.1 Japan: Recycled Ocean Plastics Market, by Resin Type
9.4.5.8.2 Japan: Recycled Ocean Plastics Market, by Resin Type
9.4.5.8.3 Japan: Recycled Ocean Plastics Market, by Application
9.4.5.9 South Korea: Recycled Ocean Plastics Market –Revenue and Forecast to 2028 (US$ Million)
9.4.5.10 South Korea: Recycled Ocean Plastics Market – Volume and Forecast to 2028 (Kilo Tons)
9.4.5.10.1 South Korea: Recycled Ocean Plastics Market, by Resin Type
9.4.5.10.2 South Korea: Recycled Ocean Plastics Market, by Resin Type
9.4.5.10.3 South Korea: Recycled Ocean Plastics Market, by Application
9.4.5.11 Rest of Asia Pacific: Recycled Ocean Plastics Market –Revenue and Forecast to 2028 (US$ Million)
9.4.5.12 Rest of Asia Pacific: Recycled Ocean Plastics Market – Volume and Forecast to 2028 (Kilo Tons)
9.4.5.12.1 Rest of Asia Pacific: Recycled Ocean Plastics Market, by Resin Type
9.4.5.12.2 Rest of Asia Pacific: Recycled Ocean Plastics Market, by Resin Type
9.4.5.12.3 Rest of Asia Pacific: Recycled Ocean Plastics Market, by Application
9.5 Middle East and Africa: Recycled Ocean Plastics Market
9.5.1 Middle East and Africa: Recycled Ocean Plastics Market –Revenue and Forecast to 2028 (US$ Million)
9.5.2 Middle East and Africa: Recycled Ocean Plastics Market –Volume and Forecast to 2028 (Kilo Tons)
9.5.3 Middle East and Africa: Recycled Ocean Plastics Market, by Resin Type
9.5.4 Middle East and Africa: Recycled Ocean Plastics Market, by Application
9.5.5 Middle East and Africa: Recycled Ocean Plastics Market, by Key Country
9.5.5.1 South Africa: Recycled Ocean Plastics Market –Revenue and Forecast to 2028 (US$ Million)
9.5.5.2 South Africa: Recycled Ocean Plastics Market –Volume and Forecast to 2028 (Kilo Tons)
9.5.5.2.1 South Africa: Recycled Ocean Plastics Market, by Resin Type
9.5.5.2.2 South Africa: Recycled Ocean Plastics Market, by Resin Type
9.5.5.2.3 South Africa: Recycled Ocean Plastics Market, by Application
9.5.5.3 Saudi Arabia: Recycled Ocean Plastics Market –Revenue and Forecast to 2028 (US$ Million)
9.5.5.4 Saudi Arabia: Recycled Ocean Plastics Market –Volume and Forecast to 2028 (Kilo Tons)
9.5.5.4.1 Saudi Arabia: Recycled Ocean Plastics Market, by Resin Type
9.5.5.4.2 Saudi Arabia: Recycled Ocean Plastics Market, by Resin Type
9.5.5.4.3 Saudi Arabia: Recycled Ocean Plastics Market, by Application
9.5.5.5 UAE: Recycled Ocean Plastics Market –Revenue and Forecast to 2028 (US$ Million)
9.5.5.6 UAE: Recycled Ocean Plastics Market –Volume and Forecast to 2028 (Kilo Tons)
9.5.5.6.1 UAE: Recycled Ocean Plastics Market, by Resin Type
9.5.5.6.2 UAE: Recycled Ocean Plastics Market, by Resin Type
9.5.5.6.3 UAE: Recycled Ocean Plastics Market, by Application
9.5.5.7 Rest of MEA: Recycled Ocean Plastics Market –Revenue and Forecast to 2028 (US$ Million)
9.5.5.8 Rest of MEA: Recycled Ocean Plastics Market –Volume and Forecast to 2028 (Kilo Tons)
9.5.5.8.1 Rest of MEA: Recycled Ocean Plastics Market, by Resin Type
9.5.5.8.2 Rest of MEA: Recycled Ocean Plastics Market, by Resin Type
9.5.5.8.3 Rest of MEA: Recycled Ocean Plastics Market, by Application
9.6 South and Central America: Recycled Ocean Plastics Market
9.6.1 South and Central America: Recycled Ocean Plastics Market –Revenue and Forecast to 2028 (US$ Million)
9.6.2 South and Central America: Recycled Ocean Plastics Market –Volume and Forecast to 2028 (Kilo Tons)
9.6.3 South and Central America: Recycled Ocean Plastics Market, by Resin Type
9.6.3.1 South and Central America: Recycled Ocean Plastics Market, by Application
9.6.4 South and Central America: Recycled Ocean Plastics Market, by Key Country
9.6.4.1 Brazil: Recycled Ocean Plastics Market –Revenue and Forecast to 2028 (US$ Million)
9.6.4.2 Brazil: Recycled Ocean Plastics Market –Volume and Forecast to 2028 (Kilo Tons)
9.6.4.2.1 Brazil: Recycled Ocean Plastics Market, by Resin Type
9.6.4.2.2 Brazil: Recycled Ocean Plastics Market, by Resin Type
9.6.4.2.3 Brazil: Recycled Ocean Plastics Market, by Application
9.6.4.3 Argentina: Recycled Ocean Plastics Market –Revenue and Forecast to 2028 (US$ Million)
9.6.4.4 Argentina: Recycled Ocean Plastics Market –Volume and Forecast to 2028 (Kilo Tons)
9.6.4.4.1 Argentina: Recycled Ocean Plastics Market, by Resin Type
9.6.4.4.2 Argentina: Recycled Ocean Plastics Market, by Resin Type
9.6.4.4.3 Argentina: Recycled Ocean Plastics Market, by Application
9.6.4.5 Rest of South & Central America: Recycled Ocean Plastics Market –Revenue and Forecast to 2028 (US$ Million)
9.6.4.6 Rest of South & Central America: Recycled Ocean Plastics Market –Volume and Forecast to 2028 (Kilo Tons)
9.6.4.6.1 Rest of South & Central America: Recycled Ocean Plastics Market, by Resin Type
9.6.4.6.2 Rest of South & Central America: Recycled Ocean Plastics Market, by Resin Type
9.6.4.6.3 Rest of South & Central America: Recycled Ocean Plastics Market, by Application
10. Impact of COVID-19 on Recycled Ocean Plastics Market
10.1 Overview – Impact of COVID-19
10.2 Impact of COVID-19 on Recycled Ocean Plastics Market
10.3 North America: Impact Assessment of COVID-19 Pandemic
10.4 Europe: Impact Assessment of COVID-19 Pandemic
10.5 Asia Pacific: Impact Assessment of COVID-19 Pandemic
10.6 Middle East & Africa: Impact Assessment of COVID-19 Pandemic
10.7 South & Central America: Impact Assessment of COVID-19 Pandemic
11. Industry Landscape
11.1 Overview
11.2 Product Launch
11.3 Mergers & acquisition
11.4 Collaboration
11.5 Other Business Strategies
12. Company Profiles
12.1 BIONIC
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Tide Ocean SA
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Oceanworks
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Textil Santanderina
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Aquafil S.p.A.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Envision Plastics
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Unifi, Inc.
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 SABIC
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Waste2Wear
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 OceanYarn
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. Price Trend Analysis, By Resin Type, US$/Tons Range, 2021 (Price Range)
Table 2. Price Trend Analysis, By Region, US$/Tons, 2021 (Price Range)
Table 3. Recycled Ocean Plastics Market –Revenue and Forecast to 2028 (US$ Million)
Table 4. Recycled Ocean Plastics Market –Volume and Forecast to 2028 (Kilo Tons)
Table 5. Global Recycled Ocean Plastics Market, by Resin Type – Revenue and Forecast to 2028 (US$ Million)
Table 6. Global Recycled Ocean Plastics Market, by Resin Type – Volume and Forecast to 2028 (Kilo Tons)
Table 7. Global Recycled Ocean Plastics Market, by Applications – Revenue and Forecast to 2028 (US$ Million)
Table 8. North America Recycled Ocean Plastics Market, by Resin Type – Revenue and Forecast to 2028 (US$ Million)
Table 9. North America Recycled Ocean Plastics Market, by Resin Type – Volume and Forecast to 2028 (Kilo Tons)
Table 10. North America Recycled Ocean Plastics Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 11. US Recycled Ocean Plastics Market, by Resin Type – Revenue and Forecast to 2028 (US$ Million)
Table 12. US Recycled Ocean Plastics Market, by Resin Type – Volume and Forecast to 2028 (Kilo Tons)
Table 13. US Recycled Ocean Plastics Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 14. Canada: Recycled Ocean Plastics Market, by Resin Type – Revenue and Forecast to 2028 (US$ Million)
Table 15. Canada: Recycled Ocean Plastics Market, by Resin Type – Volume and Forecast to 2028 (Kilo Tons)
Table 16. Canada Recycled Ocean Plastics Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 17. Mexico Recycled Ocean Plastics Market, by Resin Type – Revenue and Forecast to 2028 (US$ Million)
Table 18. Mexico Recycled Ocean Plastics Market, by Resin Type – Volume and Forecast to 2028 (Kilo Tons)
Table 19. Mexico Recycled Ocean Plastics Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 20. Europe Recycled Ocean Plastics Market, by Resin Type – Revenue and Forecast to 2028 (US$ Million)
Table 21. Europe Recycled Ocean Plastics Market, by Resin Type – Volume and Forecast to 2028 (Kilo Tons)
Table 22. Europe Recycled Ocean Plastics Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 23. Germany Recycled Ocean Plastics Market, by Resin Type – Revenue and Forecast to 2028 (US$ Million)
Table 24. Germany Recycled Ocean Plastics Market, by Resin Type – Volume and Forecast to 2028 (Kilo Tons)
Table 25. Germany Recycled Ocean Plastics Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 26. France Recycled Ocean Plastics Market, by Resin Type – Revenue and Forecast to 2028 (US$ Million)
Table 27. France Recycled Ocean Plastics Market, by Resin Type – Volume and Forecast to 2028 (Kilo Tons)
Table 28. France Recycled Ocean Plastics Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 29. Italy Recycled Ocean Plastics Market, by Resin Type – Revenue and Forecast to 2028 (US$ Million)
Table 30. Italy Recycled Ocean Plastics Market, by Resin Type – Volume and Forecast to 2028 (Kilo Tons)
Table 31. Italy Recycled Ocean Plastics Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 32. United Kingdom Recycled Ocean Plastics Market, by Resin Type – Revenue and Forecast to 2028 (US$ Million)
Table 33. United Kingdom Recycled Ocean Plastics Market, by Resin Type – Volume and Forecast to 2028 (Kilo Tons)
Table 34. United Kingdom Recycled Ocean Plastics Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 35. Russia: Recycled Ocean Plastics Market, by Resin Type– Revenue and Forecast to 2028 (US$ Million)
Table 36. Russia: Recycled Ocean Plastics Market, by Resin Type– Volume and Forecast to 2028 (Kilo Tons)
Table 37. Russia: Recycled Ocean Plastics Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 38. Rest of Europe Recycled Ocean Plastics Market, by Resin Type – Revenue and Forecast to 2028 (US$ Million)
Table 39. Rest of Europe Recycled Ocean Plastics Market, by Resin Type – Volume and Forecast to 2028 (Kilo Tons)
Table 40. Rest of Europe Recycled Ocean Plastics Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 41. Asia Pacific Recycled Ocean Plastics Market, by Resin Type – Revenue and Forecast to 2028 (US$ Million)
Table 42. Asia Pacific Recycled Ocean Plastics Market, by Resin Type – Volume and Forecast to 2028 (Kilo Tons)
Table 43. Asia Pacific Recycled Ocean Plastics Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 44. Australia Recycled Ocean Plastics Market, by Resin Type– Revenue and Forecast to 2028 (US$ Million)
Table 45. Australia Recycled Ocean Plastics Market, by Resin Type– Volume and Forecast to 2028 (Kilo Tons)
Table 46. Australia Recycled Ocean Plastics Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 47. China Recycled Ocean Plastics Market, by Resin Type – Revenue and Forecast to 2028 (US$ Million)
Table 48. China Recycled Ocean Plastics Market, by Resin Type – Volume and Forecast to 2028 (Kilo Tons)
Table 49. China Recycled Ocean Plastics Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 50. India Recycled Ocean Plastics Market, by Resin Type –Revenue and Forecast to 2028 (US$ Million)
Table 51. India Recycled Ocean Plastics Market, by Resin Type – Volume and Forecast to 2028 (Kilo Tons)
Table 52. India Recycled Ocean Plastics Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 53. Japan Recycled Ocean Plastics Market, by Resin Type – Revenue and Forecast to 2028 (US$ Million)
Table 54. Japan Recycled Ocean Plastics Market, by Resin Type – Volume and Forecast to 2028 (Kilo Tons)
Table 55. Japan Recycled Ocean Plastics Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 56. South Korea Recycled Ocean Plastics Market, by Resin Type – Revenue and Forecast to 2028 (US$ Million)
Table 57. South Korea Recycled Ocean Plastics Market, by Resin Type – Volume and Forecast to 2028 (Kilo Tons)
Table 58. South Korea Recycled Ocean Plastics Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 59. Rest of Asia Pacific Recycled Ocean Plastics Market, by Resin Type –Revenue and Forecast to 2028 (US$ Million)
Table 60. Rest of Asia Pacific Recycled Ocean Plastics Market, by Resin Type – Volume and Forecast to 2028 (Kilo Tons)
Table 61. Rest of Asia Pacific Recycled Ocean Plastics Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 62. Middle East and Africa Recycled Ocean Plastics Market, by Resin Type– Revenue and Forecast to 2028 (US$ Million)
Table 63. Middle East and Africa Recycled Ocean Plastics Market, by Resin Type–Volume and Forecast to 2028 (Kilo Tons)
Table 64. Middle East and Africa Recycled Ocean Plastics Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 65. South Africa Recycled Ocean Plastics Market, by Resin Type – Revenue and Forecast to 2028 (US$ Million)
Table 66. South Africa Recycled Ocean Plastics Market, by Resin Type – Volume and Forecast to 2028 (Kilo Tons)
Table 67. South Africa Recycled Ocean Plastics Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 68. Saudi Arabia Recycled Ocean Plastics Market, by Resin Type – Revenue and Forecast to 2028 (US$ Million)
Table 69. Saudi Arabia Recycled Ocean Plastics Market, by Resin Type – Volume and Forecast to 2028 (Kilo Tons)
Table 70. Saudi Arabia Recycled Ocean Plastics Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 71. UAE Recycled Ocean Plastics Market, by Resin Type – Revenue and Forecast to 2028 (US$ Million)
Table 72. UAE Recycled Ocean Plastics Market, by Resin Type – Volume and Forecast to 2028 (Kilo Tons)
Table 73. UAE Recycled Ocean Plastics Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 74. Rest of MEA Recycled Ocean Plastics Market, by Resin Type – Revenue and Forecast to 2028 (US$ Million)
Table 75. Rest of MEA Recycled Ocean Plastics Market, by Resin Type – Volume and Forecast to 2028 (Kilo Tons)
Table 76. Rest of MEA Recycled Ocean Plastics Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 77. South and Central America Recycled Ocean Plastics Market, by Resin Type – Revenue and Forecast to 2028 (US$ Million)
Table 78. South and Central America Recycled Ocean Plastics Market, by Resin Type – Volume and Forecast to 2028 (Kilo Tons)
Table 79. South and Central America Recycled Ocean Plastics Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 80. Brazil Recycled Ocean Plastics Market, by Resin Type – Revenue and Forecast to 2028 (US$ Million)
Table 81. Brazil Recycled Ocean Plastics Market, by Resin Type – Volume and Forecast to 2028 (Kilo Tons)
Table 82. Brazil Recycled Ocean Plastics Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 83. Argentina Recycled Ocean Plastics Market, by Resin Type – Revenue and Forecast to 2028 (US$ Million)
Table 84. Argentina Recycled Ocean Plastics Market, by Resin Type – Volume and Forecast to 2028 (Kilo Tons)
Table 85. Argentina Recycled Ocean Plastics Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 86. Rest of South & Central America Recycled Ocean Plastics Market, by Resin Type – Revenue and Forecast to 2028 (US$ Million)
Table 87. Rest of South & Central America Recycled Ocean Plastics Market, by Resin Type – Volume and Forecast to 2028 (Kilo Tons)
Table 88. Rest of South & Central America Recycled Ocean Plastics Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 89. List of Abbreviation
LIST OF FIGURES
Figure 1. Recycled Ocean Plastics Market Segmentation
Figure 2. Recycled Ocean Plastics Market Segmentation – By Geography
Figure 3. Global Recycled Ocean Plastics Market Overview
Figure 4. The Polyethylene Terephthalate Segment Held the Largest Share in 2021
Figure 5. Asia Pacific Dominated the Recycled Ocean Plastics Market in 2021
Figure 6. Global Recycled Ocean Plastics Market, Key Market Players
Figure 7. Porter’s Five Forces Analysis: Recycled Ocean Plastic Market
Figure 8. Expert Opinion
Figure 9. Recycled Ocean Plastics Market, Ecosystem
Figure 10. Microplastic Concentration in Eastern Tropical Pacific Ocean
Figure 11. Global Recycled Ocean Plastics Market Impact Analysis of Drivers and Restraints
Figure 12. Geographic Overview of Recycled Ocean Plastics Market
Figure 13. Global: Recycled Ocean Plastics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. Global: Recycled Ocean Plastics Market – Volume and Forecast to 2028 (Kilo Tons)
Figure 15. Key Players: Recycled Ocean Plastics Market
Figure 16. Global Recycled Ocean Plastics Market Breakdown, by Resin Type, 2021 & 2028
Figure 17. Polyethylene Terephthalate: Global Recycled Ocean Plastics Market – Volume and Forecast To 2028 (Kilo Tons)
Figure 18. Polyethylene Terephthalate: Global Recycled Ocean Plastics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. Polyethylene: Global Recycled Ocean Plastics Market – Volume and Forecast To 2028 (Kilo Tons)
Figure 20. Polyethylene: Global Recycled Ocean Plastics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. Polyethylene: Global Recycled Ocean Plastics Market – Volume and Forecast To 2028 (Kilo Tons)
Figure 22. Polypropylene: Global Recycled Ocean Plastics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Polystyrene: Global Recycled Ocean Plastics Market – Volume and Forecast To 2028 (Kilo Tons)
Figure 24. Polystyrene: Global Recycled Ocean Plastics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Others: Global Recycled Ocean Plastics Market – Volume and Forecast To 2028 (Kilo Tons)
Figure 26. Others: Global Recycled Ocean Plastics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. Global Recycled Ocean Plastics Market Breakdown, by Applications, 2021 & 2028
Figure 28. Apparel: Global Recycled Ocean Plastics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. Footwear: Global Recycled Ocean Plastics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. Bags and Luggage: Global Recycled Ocean Plastics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. Construction Material: Global Recycled Ocean Plastics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32. Others: Global Recycled Ocean Plastics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 33. Global Recycled Ocean Plastics Market Revenue Share, by Region (2021 and 2028)
Figure 34. North America: Recycled Ocean Plastics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 35. North America: Recycled Ocean Plastics Market –Volume and Forecast to 2028 (Kilo Tons)
Figure 36. North America: Recycled Ocean Plastics Market Revenue Share, by Resin Type (2021 and 2028)
Figure 37. North America: Recycled Ocean Plastics Market Revenue Share, by Application (2021 and 2028)
Figure 38. North America: Recycled Ocean Plastics Market Revenue Share, by Key Country (2021 and 2028)
Figure 39. US: Recycled Ocean Plastics Market –Revenue and Forecast to 2028 (US$ Million)
Figure 40. US: Recycled Ocean Plastics Market –Volume and Forecast to 2028 (Kilo Tons)
Figure 41. Canada: Recycled Ocean Plastics Market–Revenue and Forecast to 2028 (US$ Million)
Figure 42. Canada: Recycled Ocean Plastics Market–Volume and Forecast to 2028 (Kilo Tons)
Figure 43. Mexico: Recycled Ocean Plastics Market–Revenue and Forecast to 2028 (US$ Million)
Figure 44. Mexico: Recycled Ocean Plastics Market–Volume and Forecast to 2028 (Kilo Tons)
Figure 45. Europe: Recycled Ocean Plastics Market– Revenue and Forecast to 2028 (US$ Million)
Figure 46. Europe: Recycled Ocean Plastics Market–Volume and Forecast to 2028 (Kilo Tons)
Figure 47. Europe: Recycled Ocean Plastics Market Revenue Share, by Resin Type (2021 and 2028)
Figure 48. Europe: Recycled Ocean Plastics Market Revenue Share, by Application (2021 and 2028)
Figure 49. Europe: Recycled Ocean Plastics Market Revenue Share, by Key Country (2021 and 2028)
Figure 50. Germany: Recycled Ocean Plastics Market–Revenue and Forecast to 2028 (US$ Million)
Figure 51. Germany: Recycled Ocean Plastics Market–Volume and Forecast to 2028 (Kilo Tons)
Figure 52. France: Recycled Ocean Plastics Market–Revenue and Forecast to 2028 (US$ Million)
Figure 53. France: Recycled Ocean Plastics Market–Volume and Forecast to 2028 (Kilo Tons)
Figure 54. Italy: Recycled Ocean Plastics Market–Revenue and Forecast to 2028 (US$ Million)
Figure 55. Italy: Recycled Ocean Plastics Market–Volume and Forecast to 2028 (Kilo Tons)
Figure 56. United Kingdom: Recycled Ocean Plastics Market–Revenue and Forecast to 2028 (US$ Million)
Figure 57. United Kingdom: Recycled Ocean Plastics Market–Volume and Forecast to 2028 (Kilo Tons)
Figure 58. Russia: Recycled Ocean Plastics Market–Revenue and Forecast to 2028 (US$ Million)
Figure 59. Russia: Recycled Ocean Plastics Market– Volume and Forecast to 2028 (Kilo Tons)
Figure 60. Rest of Europe: Recycled Ocean Plastics Market –Revenue and Forecast to 2028 (US$ Million)
Figure 61. Rest of Europe: Recycled Ocean Plastics Market – Volume and Forecast to 2028 (Kilo Tons)
Figure 62. Asia Pacific: Recycled Ocean Plastics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 63. Asia Pacific: Recycled Ocean Plastics Market – Volume and Forecast to 2028 (Kilo Tons)
Figure 64. Asia Pacific: Recycled Ocean Plastics Market Revenue Share, by Resin Type (2021 and 2028)
Figure 65. Asia Pacific: Recycled Ocean Plastics Market Revenue Share, by Application (2021 and 2028)
Figure 66. Asia Pacific: Recycled Ocean Plastics Market Revenue Share, by Key Country (2021 and 2028)
Figure 67. Australia: Recycled Ocean Plastics Market –Revenue and Forecast to 2028 (US$ Million)
Figure 68. Australia: Recycled Ocean Plastics Market – Volume and Forecast to 2028 (Kilo Tons)
Figure 69. China: Recycled Ocean Plastics Market –Revenue and Forecast to 2028 (US$ Million)
Figure 70. China: Recycled Ocean Plastics Market – Volume and Forecast to 2028 (Kilo Tons)
Figure 71. India: Recycled Ocean Plastics Market –Revenue and Forecast to 2028 (US$ Million)
Figure 72. India: Recycled Ocean Plastics Market – Volume and Forecast to 2028 (Kilo Tons)
Figure 73. Japan: Recycled Ocean Plastics Market –Revenue and Forecast to 2028 (US$ Million)
Figure 74. Japan: Recycled Ocean Plastics Market – Volume and Forecast to 2028 (Kilo Tons)
Figure 75. South Korea: Recycled Ocean Plastics Market –Revenue and Forecast to 2028 (US$ Million)
Figure 76. South Korea: Recycled Ocean Plastics Market – Volume and Forecast to 2028 (Kilo Tons)
Figure 77. Rest of Asia Pacific: Recycled Ocean Plastics Market –Revenue and Forecast to 2028 (US$ Million)
Figure 78. Rest of Asia Pacific: Recycled Ocean Plastics Market – Volume and Forecast to 2028 (Kilo Tons)
Figure 79. Middle East and Africa: Recycled Ocean Plastics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 80. Middle East and Africa: Recycled Ocean Plastics Market –Volume and Forecast to 2028 (Kilo Tons)
Figure 81. Middle East and Africa: Recycled Ocean Plastics Market Revenue Share, by Resin Type (2021 and 2028)
Figure 82. Middle East and Africa: Recycled Ocean Plastics Market Revenue Share, by Application (2021 and 2028)
Figure 83. Middle East and Africa: Recycled Ocean Plastics Market Revenue Share, by Key Country (2021 and 2028)
Figure 84. South Africa: Recycled Ocean Plastics Market –Revenue and Forecast to 2028 (US$ Million)
Figure 85. South Africa: Recycled Ocean Plastics Market –Volume and Forecast to 2028 (Kilo Tons)
Figure 86. Saudi Arabia: Recycled Ocean Plastics Market –Revenue and Forecast to 2028 (US$ Million)
Figure 87. Saudi Arabia: Recycled Ocean Plastics Market –Volume and Forecast to 2028 (Kilo Tons)
Figure 88. UAE: Recycled Ocean Plastics Market –Revenue and Forecast to 2028 (US$ Million)
Figure 89. UAE: Recycled Ocean Plastics Market –Volume and Forecast to 2028 (Kilo Tons)
Figure 90. Rest of MEA: Recycled Ocean Plastics Market –Revenue and Forecast to 2028 (US$ Million)
Figure 91. Rest of MEA: Recycled Ocean Plastics Market –Volume and Forecast to 2028 (Kilo Tons)
Figure 92. South and Central America: Recycled Ocean Plastics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 93. South and Central America: Recycled Ocean Plastics Market –Volume and Forecast to 2028 (Kilo Tons)
Figure 94. South and Central America: Recycled Ocean Plastics Market Revenue Share, by Resin Type (2021 and 2028)
Figure 95. South America: Recycled Ocean Plastics Market Revenue Share, by Application (2021 and 2028)
Figure 96. South and Central America: Recycled Ocean Plastics Market Revenue Share, by Key Country (2021 and 2028)
Figure 97. Brazil: Recycled Ocean Plastics Market –Revenue and Forecast to 2028 (US$ Million)
Figure 98. Brazil: Recycled Ocean Plastics Market –Volume and Forecast to 2028 (Kilo Tons)
Figure 99. Argentina: Recycled Ocean Plastics Market –Revenue and Forecast to 2028 (US$ Million)
Figure 100. Argentina: Recycled Ocean Plastics Market –Volume and Forecast to 2028 (Kilo Tons)
Figure 101. Rest of South & Central America: Recycled Ocean Plastics Market –Revenue and Forecast to 2028 (US$ Million)
Figure 102. Rest of South & Central America: Recycled Ocean Plastics Market –Volume and Forecast to 2028 (Kilo Tons)
Figure 103. Impact of COVID-19 Pandemic on Recycled Plastic Market in North America
Figure 104. Impact of COVID-19 Pandemic on Recycled Plastic Market in Europe
Figure 105. Impact of COVID-19 Pandemic on Recycled Plastic Market in Asia Pacific
Figure 106. Impact of COVID-19 Pandemic on Recycled Plastic Market in Middle East & Africa
Figure 107. Impact of COVID-19 Pandemic on Recycled Plastic Market in South & Central America
• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the global recycled ocean plastics market.
• Highlights key business priorities in order to assist companies to realign their business strategies
• The key findings and recommendations highlight crucial progressive industry trends in the global recycled ocean plastics market, thereby allowing players across the value chain to develop effective long-term strategies
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
• Scrutinize in-depth global market trends and outlook coupled with the factors driving the recycled ocean plastics market, as well as those hindering it.
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
The List of Companies – Recycled Ocean Plastics Market
1. Aquafil S.p.A.
2. BIONIC
3. Tide Ocean SA
4. Oceanworks
5. Textil Santanderina
6. Envision Plastics
7. OceanYarn
8. Waste2Wear
9. Unifi, Inc.
10. SABIC
The scope of our recent study on the “Recycled Ocean Plastics Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Resin Type [Polyethylene Terephthalate (PET), Polyethylene (PE), Polypropylene (PP), Polystyrene (PS), and Others] and Application (Footwear, Bags & Luggage, Apparel, Construction Materials, and Others)” includes the factors fueling the market growth, revenue estimation and forecast, and market share analysis, along with the identification of significant market players and their key developments.
The recycled ocean plastics market size was valued at US$ 14,432.91 million in 2022 and is projected to reach US$ 23,579.40 million by 2028; it is expected to grow at a CAGR of 8.5% from 2022 to 2028.
The recycled ocean plastics market is highly lucrative owing to the increasing awareness related to environmental sustainability and the negative impacts of plastic waste on the marine ecosystem. Many governments and environmental bodies heavily promote the use of recycled ocean plastics by imposing favorable regulations. Further, market players are adopting various strategies such as new product launches, collaborations, and partnerships to increase product adoption.
Based on application, the global recycled ocean plastics market is segmented into footwear, bags & luggage, apparel, construction materials, and others. The apparel segment held the largest share of the market in 2021. The increasing adoption of sustainable fashion propels the demand for recycled ocean plastics. Over the past few years, many companies operating in the apparel industry have featured a recycled polyester collection.
The global recycled ocean plastics market is segmented into five main regions—North America, Europe, Asia Pacific, the Middle East & Africa, and South & Central America. Asia Pacific held the largest revenue share of the market in 2021. The demand for recycled ocean plastics is expected to grow significantly in Asia Pacific during the forecast period due to the increasing use of recycled plastics in the footwear, packaging, and construction industries. Moreover, the regional manufacturers focus on reducing their carbon footprint by producing eco-friendly products, which also boosts the adoption of recycled ocean plastics in applications such as footwear, apparel, and construction materials.
Impact of COVID-19 Pandemic on Recycled Ocean Plastics Market
The COVID-19 pandemic caused significant economic loss in different countries across the world. The governments of various Asia Pacific economies took possible steps to restrict the spread of virus infection by announcing country-wide lockdowns, which directly impacted the growth of industrial sectors. Many recycled plastic producers were operating their plants at reduced rates due to the COVID-19 pandemic. Also, prolonged delays in recycling activities due to lockdowns hampered the recycled ocean plastics market growth in Europe. However, in 2021, various manufacturers of recycled ocean plastics in Asia Pacific revived their operations. Moreover, the demand for recycled plastic witnessed a significant recovery in the region as various countries restarted their business activities.
Global Recycled Ocean Plastics Market Breakdown – by Region
The report includes the segmentation of the global recycled ocean plastics market as follows:
The global recycled ocean plastics market, by resin type, is segmented into polyethylene terephthalate (PET), polyethylene (PE), polypropylene (PP), polystyrene (PS), and others. The market, based on application, is segmented into footwear, bags & luggage, apparel, construction materials, and others. By geography, the global recycled ocean plastics market is broadly segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South & Central America. The market in North America is further segmented into the US, Canada, and Mexico. The global recycled ocean plastics market in Europe is sub segmented into Germany, France, the UK, Italy, Russia, and the Rest of Europe. The market in Asia Pacific is further segmented into China, India, Japan, Australia, South Korea, and the Rest of Asia Pacific. The market in the Middle East & Africa is further segmented into South Africa, Saudi Arabia, the UAE, and Rest of Middle East & Africa. The global recycled ocean plastics market in South & Central America is segmented into Brazil, Argentina, and the Rest of South & Central America.
Related Reports
- $3,000.00 – $5,000.00
