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Circular Polymer Market Share

  • Report ID: GMI5277
  • Published Date: Jun 2024
  • Report Format: PDF

Circular Polymer Market Share

Company players are focused on advancing recycling technologies, developing biodegradable materials and forming strategic partnerships. They invest in innovative processes to transform waste into reusable polymers, promote production sustainability and collaborate with stakeholders across the value chain to promote the circular economy and reduce environmental impact.
 

In addition, many companies are integrating renewable raw materials and bio-based polymers into their product lines. They emphasize ecological design and life cycle to reduce the carbon footprint. These leaders also contribute to global initiatives and regulatory frameworks aimed at promoting sustainable practices, ensuring compliance and promoting the adoption of circular economy principles in the polymer industry.
 

Circular Polymer Market Companies

Major players operating in the circular polymer industry include:

  • Dow Chemical Company
  • BASF SE
  • LyondellBasell Industries
  • SABIC
  • Borealis AG
  • Covestro AG
  • Eastman Chemical Company
  • Ineos Group
  • Braskem
  • ExxonMobil Chemical
Authors: Kiran Pulidindi, Manish Verma

Frequently Asked Questions (FAQ) :

The circular polymer market size exceeded USD 85 billion in 2023 and will register 10.6% CAGR from 2024 to 2032 due to the increasing focus on waste management and resource efficiency.

The PET segment in the circular polymers market will register 11.3% CAGR from 2024 to 2032 due to its recyclability and versatility, making it a preferred choice for various applications.

Asia Pacific circular polymers market generated USD 59 billion in revenue in 2023, and will grow at 11% CAGR during 2024-2032, driven by strong government initiatives for promoting sustainability and recycling.

Dow Chemical Company, BASF SE, LyondellBasell Industries, SABIC, Borealis AG, Covestro AG, Eastman Chemical Company, Ineos Group, Braskem, and ExxonMobil Chemical

Circular Polymer Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 21
  • Tables & Figures: 175
  • Countries covered: 21
  • Pages: 260
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