Recycled Plastic Market Research by Business Opportunities, Top Manufacture, Industry Growth, Indu

  The global  recycled plastic market size  is expected to witness significant growth backed by increasing demand from the packaging industry.  Fortune Business Insights, in its latest report, titled  “Recycled Plastic Market Size, Share & Industry Analysis, By Type (Polyethylene Terephthalate, High-density Polyethylene, Polypropylene, Low-density Polyethylene, and Others), By Application (Non-Food Packaging, Food Packaging, Construction, Automotive, and Others), and Regional Forecast, 2019-2026.” ,  predicts that the market is likely to hit  USD 72.6 billion by 2026  while exhibiting a  CAGR of 8.55%  between 2019 and 2026. The reports further observe that the market was worth  USD 37.8 billion in 2018.   According to the data by the non-profit organization, Plastic Oceans International, every year around 500 billion plastic bags are used globally. This means that over 1 million bags are being used every minute. Plastic is harmful to the environment in many ways and since most o