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How Plastic Recycling Market Skyrocketing US$ 60 Bn by 2028| CarbonLITE, LyondellBasell, Recycled Plastics UK, Envisison Plastics, KW plastics, Kuusakoski Oy, Plasgran Ltd., MBA Polymers, Montello, Teijin

The Plastic Recycling Market hitting at CAGR of +6% holding revenue of US$ 60 Bn by the time phrase of 2021-28.

Plastic recycling is the process of recovering scrap or waste plastic and reprocessing the material into useful products. When different types of plastics are melted together, they tend to phase-separate, like oil and water, and set in these layers.

Recyclable plastic usually comes with a little recycling symbol printed on the bottom and depending on the product, there might be a 1, 2, 3, 4, 5 stamped in the center of the symbol. It’s easy to miss, but this tiny digit is actually pretty important, because it’s an ID.