The 2023-2028 Outlook for Plastic Recycling in the United States

This study covers the latent demand outlook for plastic recycling across the states and cities of the United States. Latent demand (in millions of U.S. dollars), or potential industry earnings (P.I.E.) estimates are given across some 12,600 cities in the United States. For each city in question, the percent share the city is of its state and of the United States as a whole is reported. These comparative benchmarks allow the reader to quickly gauge a city vis-à-vis others. This statistical approach can prove very useful to distribution and/or sales force strategies. Using econometric models which project fundamental economic dynamics within each state and city, latent demand estimates are created for plastic recycling. This report does not discuss the specific players in the market serving the latent demand, nor specific details at the product level. The study also does not consider short-term cyclicalities that might affect realized sales. The study, therefore, is strategic in nature, taking an aggregate and long-run view, irrespective of the players or products involved. In this report we define the sales of plastic recycling as including all commonly understood products and/or services falling within this broad category, irrespective of product packaging, formulation, size, or form. Companies participating in this industry include Advanced Environmental Recycling Technologies, ARORA FIBRES, Ltd., Astron Plastics, Avangard Innovative, B&B Plastics, B. Schoenberg, Biffa, CarbonLITE Industries, Clean TECH, Clear Path Recycling, Consolidated Container Company, Custom Polymers, Dart Container, Delta Plastics, DS Smith, Enviroplast, Envision Plastics, Envisison Plastics, Fresh Pak, Geo-Tech Polymers, Green Line Polymers, Hilex Poly Company, Hirsch Kunststoff GmbH, Jayplas, JK Plastics Pty, Kuusakoski, KW Plastics, LyondellBasell, MBA Polymers, MOL Group, Novolex, PET Recycling Company (PETCO), Phoenix Technologies International, PLASgran, Plastic Recycling, Inc., Plastipak Holdings, Schoenberg & Company, Inc., SUEZ, TerraCycle, Veolia, Vikoz Enterprises, Inc., Waste Connections, Wellpine Plastic Indutrial Company, and WM Recycle America. In addition to the sources indicated, additional information available to the public via news and/or press releases published by players in the industry was considered in defining and calibrating this category. All figures are in a common currency (U.S. dollars, millions) and are not adjusted for inflation (i.e., they are current values). Exchange rates used to convert to U.S. dollars are averages for the year in question. Future exchange rates are assumed to be constant in the future at the current level (the average of the year of this publication's release in 2022).