North America Plastic Waste Management Market Overview:
Stellar Market Research (SMR) investigates the manufacturer's problems and market growth drivers, as well as the firm's strategy, operational methods, and expansion-minded financial approach. Specific client demands can be met through adaptability and a thorough understanding of market prospects. Stellar Market Research investigates the competitive landscape and key players in the market. Given the current state of the industry, this North America Plastic Waste Management market report may be useful for structure planning.
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Market Drivers
North America accounted for the market's second-largest revenue share. In terms of collecting and treatment, the region has a well-established market. The North American market's primary growth element is the large presence of solid waste management firms and their distribution network. The United States held the largest proportion of the region in 2021, and the region is expected to grow at a rate of 4.4 % during the forecast period. The United States is one of the country's major manufacturers of plastic waste. Despite greater collection rates, the United States' plastic recycling rate is just around 10-12 %.
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North America Plastic Waste Management Market Segmentation:
Based on service, the market for managing plastic waste is segmented into four main groups: collection, recycling, incineration, and landfills. The government's strict regulations and the significant expansion of infrastructure for recycling plastic are expected to cause the recycling category to grow at the fastest rate of 5.9% over the forecast period. Among the many items made from recycled plastic are clothes, carpets, trash bags, films, containers, and bottles.
Key Players:
- Waste Management (U.S)
- Waste Connection (US)
- GFL Environmental (Canada)
- Clean Harbors (US)
- Casella Waste System (US)
- Republic Services (US)
COVID-19 Impact Analysis on North America Plastic Waste Management Market:
All over the world, the COVID-19 recovery phase is now finished. Stellar Market Research's report on the status, trends, and COVID-19 impact of the North America Plastic Waste Management market analyses the market in the context of the current economic environment. SMR regularly assesses the COVID-19 pandemic's effects across all disciplines on a range of industries and verticals. The same information can be found in stellar market research (SMR) studies, which can be used to assess the effects of COVID-19 on industry decline and growth. A stellar market research (SMR) report can be used to determine the gap between supply and demand in a market. The stellar market research (SMR) report includes analysis, updates to legal requirements, and other relevant data.
About Stellar Market Research:
A market research and consulting company called Stellar Market Research offers consulting services as well as syndicated and custom-made research reports. The company's products are primarily focused on helping businesses identify, target, and analyse changes in consumer behaviour across demographics and industries in order to help them make better business decisions. The company conducts market intelligence studies in a range of industries, including healthcare, touch points, lawful interceptions, types, and energy, in order to provide pertinent and fact-based research. Stellar Market Research has a sizable staff of highly qualified analysts with expertise in a variety of industries. Due to the company's expertise in the field and capacity to offer a practical resolution to any research problem, clients can gain a competitive edge over their rivals.
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