Press release
Latest Trends In Global Recycled HDPE Market
HDPE is a type of plastic commonly used for items like milk jugs, detergent bottles, and plastic bags. The recycling process for HDPE involves collecting, cleaning, and melting down these used plastic items to create new products.
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Recycled HDPE is valued for its durability, resistance to moisture and chemicals, and its potential to reduce the demand for virgin plastic production, thereby helping to mitigate environmental impact.
It finds applications in various industries, including construction, packaging, and automotive, as it can be molded into a wide range of products such as pipes, containers, and even playground equipment. By choosing recycled HDPE, consumers and industries can contribute to reducing plastic waste and promoting a more sustainable approach to plastic consumption.
GLOBAL RECYCLED HDPE MARKET SIZE AND FORECAST
The Global Recycled HDPE market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.
RECENT DEVELOPMENT
Nova Chemicals has introduced a high-density recycled polyethylene (HDPE) that complies with FDA regulations. The company says the new grade, which debuted and is being included in its Syndigo rPE portfolio, is its first mechanically recycled food-contact resin.
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Nova Chemicals gaining FDA-compliance for its mechanically recycled HDPE is an important step in the development of more widespread use of recycled polymers for difficult food contact applications, moving the packaging world closer to a more truly circular plastics economy
The resin, Syndigo rPE-0860-FC, enables converters and brand owners to put recycled PE into food packaging goods since it emits less emissions than virgin polyethylene. It stems from natural high-density polyethylene (HDPE) milk jugs and is perfect for a variety of flexible and rigid food packaging styles.
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THIS REPORT WILL ANSWER FOLLOWING QUESTIONS
How many Recycled HDPEs are manufactured per annum globally? Who are the sub-component suppliers in different regions?
Cost breakup of a Global Recycled HDPE and key vendor selection criteria
Where is the Recycled HDPE manufactured? What is the average margin per unit?
Market share of Global Recycled HDPE market manufacturers and their upcoming products
The cost advantage for OEMs who manufacture Global Recycled HDPE in-house
5 key predictions for next 5 years in the Global Recycled HDPE market
Average B-2-B Recycled HDPE price in all segments
Latest trends in the Recycled HDPE market, by every market segment
The market size (both volume and value) of the Recycled HDPE market in 2023-2030 and every year in between?
Production breakup of the Recycled HDPE market, by suppliers and their OEM relationship
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