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Recycled Plastic Granules Market Growth Accelerated by Demand from Packaging Industries

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Recycled Plastic Granules Market Recycled Plastic Granules are produced from recycling post-consumer or post-industrial plastic waste. These granules offer properties similar to virgin plastic such as durability and flexibility. They are used to manufacture various products across industries including packaging, construction and automotive. The demand from packaging industry is high due to stringent regulations on use of single-use plastics. The global Recycled Plastic Granules Market is estimated to be valued at US$ 3.65 Mn in 2024 and is expected to exhibit a CAGR of 3.1% over the forecast period 2024 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: The key trend fueling the growth of Recycled Plastic Granules market is growing awareness about importance of plastic waste management. Plastic waste pollution is a major environmental issue globally. Recycling plastic waste via production of Recycled Plastic Granules helps reduce depe

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