Wood, Paper & Paperboard Recycling Market size was over USD 21 billion in 2017 and will grow at a CAGR over 4% over the projected period.Wood recycling is a process which involves the collection of waste wood generated by various end-users, and are recycled for further use in other applications such as wood panel manufacturing, animal bedding, energy generation, etc
Sellbyville, DE -- (SBWIRE) -- 11/15/2018 -- According to a new research report by Global Market Insights, Inc. Wood, Paper & Paperboard Recycling Market size will exceed USD 29 billion by 2025.
The demand for grade B wood recycling is predicted to cross USD 1,700 million, by the end of 2025, at a CAGR of more than 4.1%. Mixed grade paper & paperboard recycling market will surpass USD 2,200 million by the end of 2025, increasing at a CAGR of nearly 4.3%.
Request sample copy of this report @ https://www.gminsights.com/request-sample/detail/2766
Wood recycling market for energy generation will cross USD 630.0 million by the end of 2025, growing at 3.9% CAGR. Paper & paperboard recycling market for packaging will surpass USD 4,400.0 million by the end of 2025, rising at CAGR nearly 4.7%.
North America wood, paper & paperboard recycling market is predicted to surpass USD 4.4 billion by 2025, increasing at a CAGR of over 4.2%. Regional growth is positively influenced by government initiatives towards sustainable practices. Asia Pacific wood, paper & paperboard recycling market has the lion's share of global market over the entire forecast period. This market will surpass USD 15.8 billion by 2025, at a highest CAGR of nearly 4.3% throughout the forecast timeline.
The United States Environmental Protection Agency has reportedly mandated the use of recycled paper much prior to the initiatives taken by EU. Post the implementation of regulatory norms related to recycled paper, in 2015, nearly 45.3 million tons of used paper and paperboard were recycled across U.S. at a rate of 68.6%.
Browse Complete Summary of this report @ https://www.gminsights.com/industry-analysis/paper-paperboard-wood-recycling-market
The U.S. has thus been a major revenue pocket for North America wood, paper and paperboard recycling industry which generated a revenue of USD 3 billion in 2017. In addition, the surging prevalence of modern recycling technology trends across U.S. will have positive influence on North America wood, paper and paperboard recycling market outlook.
Wood, paper & paperboard recycling market has gained quite some popularity of late, driven by the increasing awareness among the regulatory bodies about the environmental and sustainability benefits of waste material disposal. As recycling leads to the conservation natural resources, energy savings, and minimization of landfills, most of the countries and industry behemoths have started focusing on the deployment of policies in favor of recycling of wood and paperboards.
For the record, recycling process of one ton of paper and paperboard could save 17 trees, approximately 7,000 gallons of water, about 3 cubic yards of space for landfill, and nearly 4,000 kilowatts of energy. The implementation of regulatory norms across myriad geographies regarding paper and wood recycling will thus have a positive influence on wood, paper and paperboard recycling industry outlook.
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/2766
Some of the prominent players in global wood, paper & paperboard recycling market are Evergreen Paper Recycling, American Paper Recycling Corp., Global Waste Recyclers Ltd, Huron Paper Stock, and National Paper Recycling among several others.