Generation of Huge Volumes of Plastic Waste Fueling Global Demand for Plastic Recycling

Geographically, the Asia-Pacific (APAC) plastic recycling market will be very lucrative in the upcoming years, as per the estimates of P&S Intelligence, a market research firm based in India. The market expansion would be driven by the development of several small-scale processing plants in the region. Moreover, the presence of lenient environment policies and norms and affordable labor in the South Asian countries is fueling the advancement of the market.