UAE Plastic Recycling Market to Grow

As reported by Ireland-based company ResearchAndMarkets.com, the plastic recycling market in the United Arab Emirates (UAE) is positioned for significant growth in the coming years with an anticipated compound annual growth rate (CAGR) of 5.34 percent. According to recent market research, the market size stood at 0.84 million tons in 2020 and is predicted to expand to 1.44 million tons by 2030. “This growth trajectory is fueled by the UAE’s increasing commercial activities, which have led to augmented plastic usage across various sectors, resulting in a substantial rise in plastic waste. The market analysis digs into plant capacities, production, operating efficiencies, and the demand and supply dynamics affecting the industry.”

For more information about this report visit researchandmarkets.com/r/94eb3f.

(Published in GLOBAL RECYCLING Magazine 2/2024, Page 13)