Plastic Credit Market

Global Plastic Credit Market Size, Trends & Analysis - Forecasts to 2029 By Credit Type (Recycling Credits, Collection Credits, Upcycling Credits, and Circular Economy Credits), By End User (Consumer Goods, Packaging, Automotive, Electronics, and Construction), and By Region (North America, Asia Pacific, Central and South America, Europe, and Middle East and Africa), Competitive Landscape, Company Market Share Analysis, and End User Analysis

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This report was recently updated on June 13 2024 with the latest and most recent market numbers

Global Plastic Credit Market Size

The global plastic credit market is projected to grow at a CAGR of 8.1% from 2024 to 2029.

The growing emphasis on sustainability and environmental responsibility among consumers and organizations drives the global plastic credit market growth. Plastic credit offers a way to offset or reduce plastic consumption, and plastic credit systems are essential in the fight against plastic pollution.

The market is being driven primarily by increasing demand for eco-friendly business practices, growing awareness about corporate sustainability programs, and rising consumer knowledge about the adverse environmental effects of plastic waste. These platforms make tracking, trading, and offset plastic credits easier, giving organizations and individuals a practical option to support international efforts to reduce plastic waste. The market is defined by a growing dedication to attaining plastic neutrality and an increasing alignment of firms with the circular economy concepts.

The incorporation of blockchain solutions and digital technology into plastic credit networks augments traceability and transparency, building confidence among ecosystem members. As the global community steps up its efforts to reduce plastic pollution, the market for plastic credit is anticipated to be vital in encouraging sustainable behaviors and producing favorable environmental results.

global plastic credit market

Global Plastic Credit Market: By Credit Type

The recycling credits segment is expected to hold the largest share of the market over the forecast period. Recycling credits are a form of environmental currency that organizations earn by actively participating in and promoting recycling initiatives. This includes proper disposal and recycling of plastic materials, contributing to the reduction of plastic waste in landfills and oceans. Companies or individuals earn recycling credits as a recognition of their efforts to support recycling practices, and these credits can be traded or redeemed as part of sustainability programs. Hence, due to rising awareness regarding credit benefits and supportive government initiatives, the segment of recycling credit is expected to hold the largest share of the market.

The upcycling credits segment is expected to be the fastest-growing segment in the market from 2024-2029. Upcycling credits are associated with the creative and sustainable repurposing of plastic materials into new, valuable products. Companies or individuals engaged in upcycling take discarded plastic items and transform them into higher-quality or more valuable products, reducing the need for new plastic production. Upcycling credits acknowledge contributions to the circular economy by encouraging the reuse and transformation of plastic materials.

Global Plastic Credit Market: By End User

The packaging segment is expected to witness the fastest growth in the market from 2024 to 2029. This is due to the increased awareness and activities centered around sustainable packaging techniques. Businesses are using plastic credits more frequently to offset their plastic footprint as environmental worries grow. By investigating cutting-edge and environmentally friendly packaging solutions, the packaging sector plays a crucial part in these initiatives. Businesses that purchase packaging plastic credits show their dedication to environmental responsibility and support consumer preferences for eco-friendly operations. The packaging industry's anticipated rapid expansion is partly attributed to the rise in demand for plastic credits.

The electronics segment is anticipated to dominate the global plastic credit market during the forecast period due to a surge in awareness and initiatives promoting responsible e-waste management. As the electronic industry witnesses rapid technological advancements and product lifecycles shorten, the proper disposal and recycling of electronic waste have become imperative. Companies in the electronics sector are increasingly adopting plastic credits to counterbalance their plastic usage and contribute to sustainable practices. This heightened commitment to environmental stewardship propels the electronic segment to secure the largest market share over the forecast period.

asia pacific plastic credit market

Global Plastic Credit Market: By Region

North America is anticipated to emerge as the largest region in the global plastic credit market. The regional market growth is mainly driven by robust sustainability initiatives, stringent environmental regulations, and a growing awareness of plastic pollution. The region's proactive approach to addressing environmental concerns, coupled with the active participation of businesses and consumers in plastic credit programs, positions North America at the forefront of the market. With a strong emphasis on responsible plastic use and recycling practices, North America is expected to contribute significantly to the market's growth, solidifying its position as a dominant market in the global plastic credit landscape.

Asia Pacific is expected to witness the fastest growth in the global plastic credit market during the forecast period. The region's rapid industrialization, burgeoning population, and increasing consumer awareness about environmental sustainability drive the demand for plastic credit initiatives. Governments and businesses in Asia Pacific are increasingly adopting measures to address plastic pollution, contributing to the market's expansion. With a growing focus on responsible plastic management practices and the implementation of credit programs, Asia Pacific emerges as a key region in shaping the trajectory of the global plastic credit landscape.

Global Plastic Credit Market Share and Competitor Analysis

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.

Please note: This is not an exhaustive list of companies profiled in the report.

Global Plastic Credit Market: Recent Developments

In November 2023, SMX (Security Matters) PLC announced its plans to launch plastic cycle token platforms in 2024. This initiative was anticipated to position the SMX Plastic Cycle Token as a next-generation alternative to carbon credits, creating a new paradigm in the Impact ESG investment landscape.

In May 2021, Ecoex announced that it had completed a transaction of 5000 MTs of recycled plastic waste in May since its commencement. Ecoex releases plastic credit certificates that facilitate the connection between plastic producers and brand owners with a network of plastic waste processors and recyclers throughout India. This initiative aimed to enhance the effectiveness of the plastic waste management value chain in India.

1          STRATEGIC INSIGHTS ON NEW REVENUE POCKETS

1.1    Strategic Opportunity & Attractiveness Analysis

1.1.1        Hot Revenue Pockets

1.1.2        Market Attractiveness Score

1.1.3        Revenue Impacting Opportunity

1.1.4        High Growing Region/Country

1.1.5        Competitor Analysis

1.1.6        Consumer Analysis

1.2    Global Market Estimates' View

1.3    Strategic Insights across Business Functions

1.3.1        For Chief Executive Officers

1.3.2        For Chief Marketing Officers

1.3.3        For Chief Strategy Officers

1.4    Evaluate the Potential of your Existing Business Lines vs. New Lines to Enter Into

2          TECHNOLOGICAL TRENDS

2.1   Technological Adoption Rate

2.2   Current Trend Impact Analysis

2.3   Future Trend Impact Analysis

3          GLOBAL MARKET OUTLOOK

3.1   Market Pyramid Analysis

3.1.1        Introduction

3.1.2        Adjacent Market Opportunities

3.1.3        Ancillary Market Opportunities

3.2   Demand Side Analysis

3.2.1        Market Drivers: Impact Analysis

3.2.2        Market Restraints: Impact Analysis

3.2.3        Market Opportunities: Impact Analysis

3.2.4        Market Challenges: Impact Analysis

3.3   Supply Side Analysis

3.3.1        Porter’s Five Forces Analysis

3.3.1.1 Threat of New Entrants

3.3.1.2 Threat of New Substitutes

3.3.1.3 Bargaining Power of Suppliers

3.3.1.4 Bargaining Power of Buyers

3.3.1.5 Intensity of Competitive Rivalry

3.3.2        SWOT Analysis; By Factor (Political & Legal, Economic, and Technological)

3.3.2.1 Political Landscape

3.3.2.2 Economic Landscape

3.3.2.3 Social Landscape

3.3.2.4 Technology Landscape

3.3.3        Value Chain Analysis

3.3.4        Trend Analysis

3.3.5        Gap Analysis

3.3.6        Cost Analysis

4          GLOBAL PLASTIC CREDIT MARKET, BY CREDIT TYPE

4.1   Introduction

4.2   Plastic Credit Market: Credit Type Scope Key Takeaways

4.3   Revenue Growth Analysis, 2023 & 2029

4.4   Recycling Credits

4.4.1        Recycling Credits Market Estimates and Forecast, 2021-2029 (USD Million)

4.5   Collection Credits

4.5.1        Collection Credits Market Estimates and Forecast, 2021-2029 (USD Million)

4.6   Upcycling Credits

4.6.1        Upcycling Credits Market Estimates and Forecast, 2021-2029 (USD Million)

4.7   Circular Economy Credits

4.7.1        Circular Economy Credits Market Estimates and Forecast, 2021-2029 (USD Million)

5          GLOBAL PLASTIC CREDIT MARKET, BY END USER

5.1   Introduction

5.2   Plastic Credit Market: End User Scope Key Takeaways

5.3   Revenue Growth Analysis, 2023 & 2029

5.4   Consumer Goods

5.4.1        Consumer Goods Market Estimates and Forecast, 2021-2029 (USD Million)

5.5   Packaging

5.5.1        Packaging Market Estimates and Forecast, 2021-2029 (USD Million)

5.6   Automotive

5.6.1        Automotive Market Estimates and Forecast, 2021-2029 (USD Million)

5.7   Electronics

5.7.1        Electronics Market Estimates and Forecast, 2021-2029 (USD Million)

5.8   Construction

5.8.1        Construction Market Estimates and Forecast, 2021-2029 (USD Million)

6          GLOBAL PLASTIC CREDIT MARKET, BY REGION

6.1   Introduction

6.2   North America Plastic Credit Market Estimates and Forecast, 2021-2029 (USD Million)

6.2.1        By Credit Type

6.2.2        By End User

6.2.3        By Country

6.2.3.1     U.S. Plastic Credit Market Estimates and Forecast, 2021-2029 (USD Million)

6.2.3.1.1        By Credit Type

6.2.3.1.2        By End User

6.2.3.2     Canada Plastic Credit Market Estimates and Forecast, 2021-2029 (USD Million)

6.2.3.2.1        By Credit Type

6.2.3.2.2        By End User

6.2.3.3     Mexico Plastic Credit Market Estimates and Forecast, 2021-2029 (USD Million)

6.2.3.3.1        By Credit Type

6.2.3.3.2        By End User

6.3   Europe Plastic Credit Market Estimates and Forecast, 2021-2029 (USD Million)

6.3.1        By Credit Type

6.3.2        By End User

6.3.3        By Country

6.3.3.1     Germany Plastic Credit Market Estimates and Forecast, 2021-2029 (USD Million)

6.3.3.1.1        By Credit Type

6.3.3.1.2        By End User

6.3.3.2     U.K. Plastic Credit Market Estimates and Forecast, 2021-2029 (USD Million)

6.3.3.2.1        By Credit Type

6.3.3.2.2        By End User

6.3.3.3     France Plastic Credit Market Estimates and Forecast, 2021-2029 (USD Million)

6.3.3.3.1        By Credit Type

6.3.3.3.2        By End User

6.3.3.4     Italy Plastic Credit Market Estimates and Forecast, 2021-2029 (USD Million)

6.3.3.4.1        By Credit Type

6.3.3.4.2        By End User

6.3.3.5     Spain Plastic Credit Market Estimates and Forecast, 2021-2029 (USD Million)

6.3.3.5.1        By Credit Type

6.3.3.5.2        By End User

6.3.3.6     Netherlands Plastic Credit Market Estimates and Forecast, 2021-2029 (USD Million)

6.3.3.6.1        By Credit Type

6.3.3.6.2        By End User

6.3.3.7     Rest of Europe Plastic Credit Market Estimates and Forecast, 2021-2029 (USD Million)

6.3.3.6.1        By Credit Type

6.3.3.6.2        By End User

6.4   Asia Pacific Plastic Credit Market Estimates and Forecast, 2021-2029 (USD Million)

6.4.1        By Credit Type

6.4.2        By End User

6.4.3        By Country

6.4.3.1     China Plastic Credit Market Estimates and Forecast, 2021-2029 (USD Million)

6.4.3.1.1        By Credit Type

6.4.3.1.2        By End User

6.4.3.2     Japan Plastic Credit Market Estimates and Forecast, 2021-2029 (USD Million)

6.4.3.2.1        By Credit Type

6.4.3.2.2        By End User

6.4.3.3     India Plastic Credit Market Estimates and Forecast, 2021-2029 (USD Million)

6.4.3.3.1        By Credit Type

6.4.3.3.2        By End User

6.4.3.4     South Korea Plastic Credit Market Estimates and Forecast, 2021-2029 (USD Million)

6.4.3.4.1        By Credit Type

6.4.3.4.2        By End User

6.4.3.5     Singapore Plastic Credit Market Estimates and Forecast, 2021-2029 (USD Million)

6.4.3.5.1        By Credit Type

6.4.3.5.2        By End User

6.4.3.6     Malaysia Plastic Credit Market Estimates and Forecast, 2021-2029 (USD Million)

6.4.3.6.1        By Credit Type

6.4.3.6.2        By End User

6.4.3.7     Thailand Plastic Credit Market Estimates and Forecast, 2021-2029 (USD Million)

6.4.3.6.1        By Credit Type

6.4.3.6.2        By End User

6.4.3.8     Indonesia Plastic Credit Market Estimates and Forecast, 2021-2029 (USD Million)

6.4.3.7.1        By Credit Type

6.4.3.7.2        By End User

6.4.3.9     Vietnam Plastic Credit Market Estimates and Forecast, 2021-2029 (USD Million)

6.4.3.8.1        By Credit Type

6.4.3.8.2        By End User

6.4.3.10  Taiwan Plastic Credit Market Estimates and Forecast, 2021-2029 (USD Million)

6.4.3.10.1 By Credit Type

6.4.3.10.2 By End User

6.4.3.11  Rest of Asia Pacific Plastic Credit Market Estimates and Forecast, 2021-2029 (USD Million)

6.4.3.11.1 By Credit Type

6.4.3.11.2 By End User

6.5   Middle East and Africa Plastic Credit Market Estimates and Forecast, 2021-2029 (USD Million)

6.5.1        By Credit Type

6.5.2        By End User

6.5.3        By Country

6.5.3.1     Saudi Arabia Plastic Credit Market Estimates and Forecast, 2021-2029 (USD Million)

6.5.3.1.1        By Credit Type

6.5.3.1.2        By End User

6.5.3.2     U.A.E. Plastic Credit Market Estimates and Forecast, 2021-2029 (USD Million)

6.5.3.2.1        By Credit Type

6.5.3.2.2        By End User

6.5.3.3     Israel Plastic Credit Market Estimates and Forecast, 2021-2029 (USD Million)

6.5.3.3.1        By Credit Type

6.5.3.3.2        By End User

6.5.3.4     South Africa Plastic Credit Market Estimates and Forecast, 2021-2029 (USD Million)

6.5.3.4.1        By Credit Type

6.5.3.4.2        By End User

6.5.3.5     Rest of Middle East and Africa Plastic Credit Market Estimates and Forecast, 2021-2029 (USD Million)

6.5.3.5.1        By Credit Type

6.5.3.5.2        By End User

6.6   Central and South America Plastic Credit Market Estimates and Forecast, 2021-2029 (USD Million)

6.6.1        By Credit Type

6.6.2        By End User

6.6.3        By Country

6.6.3.1     Brazil Plastic Credit Market Estimates and Forecast, 2021-2029 (USD Million)

6.6.3.1.1        By Credit Type

6.6.3.1.2        By End User

6.6.3.2     Argentina Plastic Credit Market Estimates and Forecast, 2021-2029 (USD Million)

6.6.3.2.1        By Credit Type

6.6.3.2.2        By End User

6.6.3.3     Chile Plastic Credit Market Estimates and Forecast, 2021-2029 (USD Million)

6.6.3.3.1        By Credit Type

6.6.3.3.2        By End User

6.6.3.3     Rest of Central and South America Plastic Credit Market Estimates and Forecast, 2021-2029 (USD Million)

6.6.3.3.1        By Credit Type

6.6.3.3.2        By End User

7          COMPETITIVE LANDCAPE

7.1   Company Market Share Analysis

7.2   Four Quadrant Positioning Matrix

7.2.1        Market Leaders

7.2.2        Market Visionaries

7.2.3        Market Challengers

7.2.4        Niche Market Players

7.3   Vendor Landscape

7.3.1        North America

7.3.2        Europe

7.3.3        Asia Pacific

7.3.4        Rest of the World

7.4   Company Profiles  

7.4.1        rePurpose  Global

7.4.1.1 Business Description & Financial Analysis

7.4.1.2 SWOT Analysis

7.4.1.3 Products & Services Offered

7.4.1.4 Strategic Alliances between Business Partners

7.4.2        PCX

7.4.2.1 Business Description & Financial Analysis

7.4.2.2 SWOT Analysis

7.4.2.3 Products & Services Offered

7.4.2.4 Strategic Alliances between Business Partners

7.4.3        Ecoex

7.4.3.1 Business Description & Financial Analysis

7.4.3.2 SWOT Analysis

7.4.3.3 Products & Services Offered

7.4.3.4 Strategic Alliances between Business Partners

7.4.4        Empower

7.4.4.1 Business Description & Financial Analysis

7.4.4.2 SWOT Analysis

7.4.4.3 Products & Services Offered

7.4.4.4 Strategic Alliances between Business Partners

7.4.5        TONTOTON

7.4.5.1 Business Description & Financial Analysis

7.4.5.2 SWOT Analysis

7.4.5.3 Products & Services Offered

7.4.5.4 Strategic Alliances between Business Partners

7.4.6        Waste4Change

7.4.6.1 Business Description & Financial Analysis

7.4.6.2 SWOT Analysis

7.4.6.3 Products & Services Offered

7.4.6.4 Strategic Alliances between Business Partners

7.4.7        Ampliphi  

7.4.7.1 Business Description & Financial Analysis

7.4.7.2 SWOT Analysis

7.4.7.3 Products & Services Offered

7.4.7.4 Strategic Alliances between Business Partners

7.4.8        GemCorp

7.4.8.1 Business Description & Financial Analysis

7.4.8.2 SWOT Analysis

7.4.8.3 Products & Services Offered

7.4.8.4 Strategic Alliances between Business Partners

7.4.9        Verra

7.4.9.1 Business Description & Financial Analysis

7.4.9.2 SWOT Analysis

7.4.9.3 Products & Services Offered

7.4.9.4 Strategic Alliances between Business Partners

7.4.10      OceanWorks

7.4.10.1 Business Description & Financial Analysis

7.4.10.2 SWOT Analysis

7.4.10.3 Products & Services Offered

7.4.10.4 Strategic Alliances between Business Partners

7.4.11      Other Companies

7.4.11.1 Business Description & Financial Analysis

7.4.11.2 SWOT Analysis

7.4.11.3 Products & Services Offered

7.4.11.4 Strategic Alliances between Business Partners

8          RESEARCH METHODOLOGY

8.1   Market Introduction

8.1.1        Market Definition

8.1.2        Market Scope & Segmentation

8.2   Information Procurement

8.2.1        Secondary Research

8.2.1.1 Purchased Databases

8.2.1.2 GMEs Internal Data Repository

8.2.1.3 Secondary Resources & Third Party Perspectives

8.2.1.4 Company Information Sources

8.2.2        Primary Research

8.2.2.1 Various Types of Respondents for Primary Interviews

8.2.2.2 Number of Interviews Conducted throughout the Research Process

8.2.2.3 Primary Stakeholders

8.2.2.4 Discussion Guide for Primary Participants

8.2.3        Expert Panels

8.2.3.1 Expert Panels Across 30+ Industry

8.2.4        Paid Local Experts

8.2.4.1 Paid Local Experts Across 30+ Industry Across each Region

8.3   Market Estimation

8.3.1        Top-Down Approach

8.3.1.1 Macro-Economic Indicators Considered

8.3.1.2 Micro-Economic Indicators Considered

8.3.2        Bottom Up Approach

8.3.2.1 Company Share Analysis Approach

8.3.2.2 Estimation of Potential Product Sales

8.4   Data Triangulation

8.4.1        Data Collection

8.4.2        Time Series, Cross Sectional & Panel Data Analysis

8.4.3        Cluster Analysis

8.5   Analysis and Output

8.5.1        Inhouse AI Based Real Time Analytics Tool

8.5.2        Output From Desk & Primary Research

8.6   Research Assumptions & Limitations

8.6.1        Research Assumptions

8.6.2        Research Limitations

LIST OF TABLES

1 Global Plastic Credit Market, By Credit Type, 2021-2029 (USD Mllion)

2 Recycling Credits Market, By Region, 2021-2029 (USD Mllion)        

3 Collection Credits Market, By Region, 2021-2029 (USD Mllion)     

4 Upcycling Credits Market, By Region, 2021-2029 (USD Mllion)       

5 Circular Economy Credits Market, By Region, 2021-2029 (USD Mllion)     

6 Global Plastic Credit Market, By End User, 2021-2029 (USD Mllion)          

7 Consumer Goods Market, By Region, 2021-2029 (USD Mllion)         

8 Packaging Market, By Region, 2021-2029 (USD Mllion)

9 Automotive Market, By Region, 2021-2029 (USD Mllion)

10 ELECTRONICS Market, By Region, 2021-2029 (USD Mllion)     

11 CONSTRUCTION Market, By Region, 2021-2029 (USD Mllion) 

12 Regional Analysis, 2021-2029 (USD Mllion)

13 North America Plastic Credit Market, By Credit Type, 2021-2029 (USD Mllion)      

14 North America Plastic Credit Market, By End User, 2021-2029 (USD Mllion)

15 North America Plastic Credit Market, By COUNTRY, 2021-2029 (USD Mllion)

16 U.S. Plastic Credit Market, By Credit Type, 2021-2029 (USD Mllion)

17 U.S. Plastic Credit Market, By End User, 2021-2029 (USD Mllion)

18 Canada Plastic Credit Market, By Credit Type, 2021-2029 (USD Mllion)

19 Canada Plastic Credit Market, By End User, 2021-2029 (USD Mllion)          

20 Mexico Plastic Credit Market, By Credit Type, 2021-2029 (USD Mllion)

21 Mexico Plastic Credit Market, By End User, 2021-2029 (USD Mllion)           

22 Europe Plastic Credit Market, By Credit Type, 2021-2029 (USD Mllion)

23 Europe Plastic Credit Market, By End User, 2021-2029 (USD Mllion)           

24 Europe Plastic Credit Market, By Country, 2021-2029 (USD Mllion)            

25 Germany Plastic Credit Market, By Credit Type, 2021-2029 (USD Mllion)

26 Germany Plastic Credit Market, By End User, 2021-2029 (USD Mllion)       

27 U.K. Plastic Credit Market, By Credit Type, 2021-2029 (USD Mllion)

28 U.K. Plastic Credit Market, By End User, 2021-2029 (USD Mllion)

29 France Plastic Credit Market, By Credit Type, 2021-2029 (USD Mllion)

30 France Plastic Credit Market, By End User, 2021-2029 (USD Mllion)           

31 Italy Plastic Credit Market, By Credit Type, 2021-2029 (USD Mllion)

32 Italy Plastic Credit Market, By End User, 2021-2029 (USD Mllion)

33 Spain Plastic Credit Market, By Credit Type, 2021-2029 (USD Mllion)

34 Spain Plastic Credit Market, By End User, 2021-2029 (USD Mllion)

35 Netherlands Plastic Credit Market, By Credit Type, 2021-2029 (USD Mllion)

36 Netherlands Plastic Credit Market, By End User, 2021-2029 (USD Mllion)

37 Rest Of Europe Plastic Credit Market, By Credit Type, 2021-2029 (USD Mllion)     

38 Rest Of Europe Plastic Credit Market, By End User, 2021-2029 (USD Mllion)          

39 Asia Pacific Plastic Credit Market, By Credit Type, 2021-2029 (USD Mllion)

40 Asia Pacific Plastic Credit Market, By End User, 2021-2029 (USD Mllion)

41 Asia Pacific Plastic Credit Market, By Country, 2021-2029 (USD Mllion)

42 China Plastic Credit Market, By Credit Type, 2021-2029 (USD Mllion)

43 China Plastic Credit Market, By End User, 2021-2029 (USD Mllion)

44 Japan Plastic Credit Market, By Credit Type, 2021-2029 (USD Mllion)

45 Japan Plastic Credit Market, By End User, 2021-2029 (USD Mllion)

46 India Plastic Credit Market, By Credit Type, 2021-2029 (USD Mllion)

47 India Plastic Credit Market, By End User, 2021-2029 (USD Mllion)

48 South Korea Plastic Credit Market, By Credit Type, 2021-2029 (USD Mllion)

49 South Korea Plastic Credit Market, By End User, 2021-2029 (USD Mllion)

50 Singapore Plastic Credit Market, By Credit Type, 2021-2029 (USD Mllion)

51 Singapore Plastic Credit Market, By End User, 2021-2029 (USD Mllion)

52 Thailand Plastic Credit Market, By Credit Type, 2021-2029 (USD Mllion)

53 Thailand Plastic Credit Market, By End User, 2021-2029 (USD Mllion)       

54 Malaysia Plastic Credit Market, By Credit Type, 2021-2029 (USD Mllion)

55 Malaysia Plastic Credit Market, By End User, 2021-2029 (USD Mllion)      

56 Indonesia Plastic Credit Market, By Credit Type, 2021-2029 (USD Mllion)

57 Indonesia Plastic Credit Market, By End User, 2021-2029 (USD Mllion)

58 Vietnam Plastic Credit Market, By Credit Type, 2021-2029 (USD Mllion)

59 Vietnam Plastic Credit Market, By End User, 2021-2029 (USD Mllion)         

60 Taiwan Plastic Credit Market, By Credit Type, 2021-2029 (USD Mllion)

61 Taiwan Plastic Credit Market, By End User, 2021-2029 (USD Mllion)           

62 Rest of APAC Plastic Credit Market, By Credit Type, 2021-2029 (USD Mllion)

63 Rest of APAC Plastic Credit Market, By End User, 2021-2029 (USD Mllion)               

64 Middle East and Africa Plastic Credit Market, By Credit Type, 2021-2029 (USD Mllion)   

65 Middle East and Africa Plastic Credit Market, By End User, 2021-2029 (USD Mllion)

66 Middle East and Africa Plastic Credit Market, By Country, 2021-2029 (USD Mllion)

67 Saudi Arabia Plastic Credit Market, By Credit Type, 2021-2029 (USD Mllion)

68 Saudi Arabia Plastic Credit Market, By End User, 2021-2029 (USD Mllion)

69 UAE Plastic Credit Market, By Credit Type, 2021-2029 (USD Mllion)

70 UAE Plastic Credit Market, By End User, 2021-2029 (USD Mllion)

71 Israel Plastic Credit Market, By Credit Type, 2021-2029 (USD Mllion)

72 Israel Plastic Credit Market, By End User, 2021-2029 (USD Mllion)             

73 South Africa Plastic Credit Market, By Credit Type, 2021-2029 (USD Mllion)

74 South Africa Plastic Credit Market, By End User, 2021-2029 (USD Mllion)

75 Rest Of Middle East and Africa Plastic Credit Market, By Credit Type, 2021-2029 (USD Mllion)  

76 Rest Of Middle East and Africa Plastic Credit Market, By End User, 2021-2029 (USD Mllion)      

77 Central and  South America Plastic Credit Market, By Credit Type, 2021-2029 (USD Mllion)        

78 Central and South America Plastic Credit Market, By End User, 2021-2029 (USD Mllion)              

79 Central and South America Plastic Credit Market, By Country, 2021-2029 (USD Mllion)

80 Brazil Plastic Credit Market, By Credit Type, 2021-2029 (USD Mllion)

81 Brazil Plastic Credit Market, By End User, 2021-2029 (USD Mllion)            

82 Chile Plastic Credit Market, By Credit Type, 2021-2029 (USD Mllion)

83 Chile Plastic Credit Market, By End User, 2021-2029 (USD Mllion)

84 Argentina Plastic Credit Market, By Credit Type, 2021-2029 (USD Mllion)

85 Argentina Plastic Credit Market, By End User, 2021-2029 (USD Mllion)

86 Rest Of Central and South America Plastic Credit Market, By Credit Type, 2021-2029 (USD Mllion)       

87 Rest Of Central and South America Plastic Credit Market, By End User, 2021-2029 (USD Mllion)       

88 RePurpose  Global: Products & Services Offering

89 PCX: Products & Services Offering  

90 Ecoex: Products & Services Offering             

91 Empower: Products & Services Offering     

92 TONTOTON: Products & Services Offering     

93 WASTE4CHANGE: Products & Services Offering         

94 Ampliphi : Products & Services Offering     

95 GemCorp: Products & Services Offering      

96 Verra, Inc: Products & Services Offering    

97 OceanWorks: Products & Services Offering             

98 Other Companies: Products & Services Offering    

LIST OF FIGURES

1 Global Plastic Credit Market Overview

2 Global Plastic Credit Market Value From 2021-2029 (USD Mllion)

3 Global Plastic Credit Market Share, By Credit Type (2023)

4 Global Plastic Credit Market Share, By End User (2023)

5 Global Plastic Credit Market, By Region (Asia Pacific Market)

6 Technological Trends In Global Plastic Credit Market

7 Four Quadrant Competitor Positioning Matrix

8 Impact Of Macro & Micro Indicators On The Market

9 Impact Of Key Drivers On The Global Plastic Credit Market

10 Impact Of Challenges On The Global Plastic Credit Market

11 Porter’s Five Forces Analysis

12 Global Plastic Credit Market: By Credit Type Scope Key Takeaways

13 Global Plastic Credit Market, By Credit Type Segment: Revenue Growth Analysis

14 Recycling Credits Market, By Region, 2021-2029 (USD Mllion)

15 Collection Credits Market, By Region, 2021-2029 (USD Mllion)        

16 Upcycling Credits Market, By Region, 2021-2029 (USD Mllion)        

17 Circular Economy Credits Market, By Region, 2021-2029 (USD Mllion)

18 Global Plastic Credit Market: By End User Scope Key Takeaways

19 Global Plastic Credit Market, By End User Segment: Revenue Growth Analysis

20 Consumer Goods Market, By Region, 2021-2029 (USD Mllion)        

21 Packaging Market, By Region, 2021-2029 (USD Mllion)

22 Automotive Market, By Region, 2021-2029 (USD Mllion)

23 Electronics Market, By Region, 2021-2029 (USD Mllion)        

24 Construction Market, By Region, 2021-2029 (USD Mllion)     

25 Regional Segment: Revenue Growth Analysis

26 Global Plastic Credit Market: Regional Analysis

27 North America Plastic Credit Market Overview

28 North America Plastic Credit Market, By Credit Type

29 North America Plastic Credit Market, By End User

30 North America Plastic Credit Market, By Country

31 U.S. Plastic Credit Market, By Credit Type

32 U.S. Plastic Credit Market, By End User

33 Canada Plastic Credit Market, By Credit Type

34 Canada Plastic Credit Market, By End User

35 Mexico Plastic Credit Market, By Credit Type

36 Mexico Plastic Credit Market, By End User

37 Four Quadrant Positioning Matrix

38 Company Market Share Analysis

39 rePurpose  Global: Company Snapshot

40 rePurpose  Global: SWOT Analysis

41 rePurpose  Global: Geographic Presence

42 PCX: Company Snapshot

43 PCX: SWOT Analysis

44 PCX: Geographic Presence

45 Ecoex: Company Snapshot

46 Ecoex: SWOT Analysis

47 Ecoex: Geographic Presence

48 Empower: Company Snapshot

49 Empower: Swot Analysis

50 Empower: Geographic Presence

51 TONTOTON: Company Snapshot

52 TONTOTON: SWOT Analysis

53 TONTOTON: Geographic Presence

54 Waste4Change: Company Snapshot

55 Waste4Change: SWOT Analysis

56 Waste4Change: Geographic Presence

57 Ampliphi : Company Snapshot

58 Ampliphi : SWOT Analysis

59 Ampliphi : Geographic Presence

60 GemCorp: Company Snapshot

61 GemCorp: SWOT Analysis

62 GemCorp: Geographic Presence

63 Verra, Inc.: Company Snapshot

64 Verra, Inc.: SWOT Analysis

65 Verra, Inc.: Geographic Presence

66 OceanWorks: Company Snapshot

67 OceanWorks: SWOT Analysis

68 OceanWorks: Geographic Presence

69 Other Companies: Company Snapshot

70 Other Companies: SWOT Analysis

71 Other Companies: Geographic Presence

The Global Plastic Credit Market has been studied from the year 2019 till 2029. However, the CAGR provided in the report is from the year 2024 to 2029. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.

Plastic Credit Market Size

The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply-side analysis for the Plastic Credit Market.

Plastic Credit Market Growth

The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.

Plastic Credit Market Trends

Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the company and customer analytics.

Plastic Credit Market Share

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Frequently Asked Questions

The global plastic credit market is projected to grow at a CAGR of 8.1% from 2024 to 2029.
Ecoenx, 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.
Numerous opportunities are emerging as the global companies intensify their focus on sustainable practices. Companies engaged in plastic credit trading have the chance to foster environmental stewardship by supporting initiatives that mitigate plastic pollution. Additionally, there is an opportunity to innovate in the creation and utilization of plastic credit certificates, establishing new standards and practices in the sustainable management of plastic waste on a global scale.
The growing emphasis on sustainability and environmental responsibility among consumers and organizations is driving the global plastic credit market growth.

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