Ecoex, rePurpose Global, PCX, Empower, TONTOTON, Waste4Change, Ampliphi, GemCorp, Verra and OceanWorks, among others, are some of the key players operating in the global plastic credit market.
Brooklyn, New York, March 12, 2024 (GLOBE NEWSWIRE) — According to a new market research report published by Global Market Estimates, global plastic credit market expected to grow at a CAGR of 8.1% from 2024 to 2029.
The global plastic credit market is driven by the growing concerns of consumers and organizations about sustainability and environmental responsibility.
Key market trends
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Increasing corporate adoption: The global plastic credit market is witnessing a growing trend of corporate adoption as companies seek to meet their sustainability goals and demonstrate their commitment to environmental responsibility. Corporations are actively participating in plastic credit initiatives to offset their plastic footprint, contributing to a more sustainable and circular economy
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Innovative platforms for plastic credits: There is a surge in the development of innovative plastic credit platforms that use advanced technologies such as blockchain and digital platforms. These platforms facilitate transparent and traceable transactions, providing a stable infrastructure for the plastic credit market. Integrating technology increases efficiency in credit generation, tracking and trading processes
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Joint initiatives and partnerships: The plastic credit market is characterized by a growing number of collaborative initiatives and partnerships between stakeholders across the value chain. Governments, businesses, NGOs and waste management organizations are joining forces to create comprehensive plastic credit programs. The joint effort aims to collectively tackle plastic pollution and promote a more coordinated approach to plastic waste management
Explore 147 market data tables and 115 figures spread across 163 pages and an in-depth table of contents at https://www.globalmarketestimates.com/market-report/plastic-credit-market-4476
Key market insights
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According to the end-user outlook, the packaging segment is expected to be the fastest growing segment of the global plastic credit market from 2024 to 2029.
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According to the credit type outlook, the recycling credits segment is expected to be the largest segment of the global plastic credits market from 2024 to 2029.
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Asia Pacific is analyzed as the fastest growing region in the market
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North America region is expected to hold the largest share of the market during the forecast period of 2024 to 2029.
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rePurpose Global, Ecoex, PCX, Empower, TONTOTON, Waste4Change, Ampliphi, GemCorp, Verra and OceanWorks, among others, are some of the key players operating in the global plastic credit market
Request a sample copy of the report: https://www.globalmarketestimates.com/market-report/plastic-credit-market-4476
Forecast by Loan Type (Revenue, USD Billion, 2024-2029)
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Recycling credits
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Collection loans
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Upcycling credits
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Circular economy credits
By End User Forecast (Revenue, USD Billion, 2024-2029)
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Consumer goods
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Package
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Automotive
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electronics
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Construction
By Region (Revenue, USD Billion, 2024-2029)
North America
Europe
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Germany
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Great Britain
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France
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Spain
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Italy
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The Netherlands
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The rest of Europe
Asia and the Pacific
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China
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India
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Japan
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South Korea
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Thailand
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Indonesia
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Malaysia
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Singapore
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Vietnam
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Rest of APAC
Central and South America
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Brazil
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Argentina
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Chile
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The rest of the CSA
Middle East and Africa
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Saudi Arabia
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UAE
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Israel
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South Africa
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The rest of the MEA
Contact: Yash Jain
Director – Global Accounts and Strategic Advice
E-mail address: [email protected]
Phone number: +1 6026667238 / +91 9769352498
website: www.globalmarketestimates.com
Attachment
CONTACT: Contact: Yash Jain Director - Global Accounts & Strategic Advisory Email address: [email protected] Phone Number: +1 6026667238 / +91 9769352498 Website: www.globalmarketestimates.com
