Albany, NY -- (SBWIRE) -- 11/13/2017 -- Plastic products are Omni-present in everyday life. They are an extensively used material in a number of industries, including automotive, electrical & electronic, building & construction, and food & beverage sector. As a result, the production and uses of plastics have increased in last few decades. Consequently, the need for reuse, recovery and the recycling of plastics takes on an enormous importance. The global market discussion on the plastic recycling can be found in a latest study, which has been freshly broadcasted to the wide repository of Market Research Hub (MRH). The study is of 200-pages and titled as "Plastic Recycling (GLOBAL)-Industry Report", offers valuable information on 100 companies operating in the plastic recycling landscape in the global market. The report can be immensely helpful in gaining a firm comprehension of the recycled plastic market taking into account growth and the key strategies coupled with the performance thereof.
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Plastic recycling is another form of recycling in which materials that are wasted in the shape of plastic can be used and thus they are found to provide many benefits to the society. Recycling also helps people to keep the environment safe and healthy and even friendly too. It has been analyzed that the current worldwide plastic recycling industry is vast in scope. It presents both opportunities and challenges. In the first part of study, most definitive and accurate study of the Plastic Recycling (GLOBAL) sector in 2017 is presented. This subsequent section also comprises analysis on the best trading partners, sales growth analysis, rankings, profit analysis and market size. The overall market size has decreased by 3.2% in 2017, finds study.
Further, the report has been segmented into three sections, giving users graphics and textual information on the marketplace worldwide. To give readers, a year-over-year comparison, the report also offers detailed insights into the market size of the largest 110 companies in last year and its standing with respect to current year. The rankings for top 50 companies are provided to readers – the rankings have been arrived at by looking into the market share, gross profit, pre-tax profit, and sales growth of the 100 companies profiled in the report.
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Moreover, the report also offers comprehensive information on the best trading partner in the global plastic recycling market landscape. According to the report, VAMMALAN HYOTYKERAYS OY is the leading trading partner in the GLOBAL plastic recycling landscape. Also, the company is among the fastest growing in terms of sales growth. These insights are according to Plimsoll financial rating, which analyzes each company in detail, including EKOKEM OYJ, TOMRA SORTING GMBH and PLASTIC RECYCLING LIMITED.
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