Research Methodology – Recycled Plastic Market
At Straits Research, we adopt a rigorous 360° research approach that integrates both primary and secondary research methodologies. This ensures accuracy, reliability, and actionable insights for stakeholders. Our methodology for the Recycled Plastic Market comprises the following key stages:
Market Indicator & Macro-Factor Analysis
Our baseline thesis for the Recycled Plastic Market is developed by integrating key market indicators and macroeconomic variables. These include:
Factors considered while calculating market size and share
- The volume and value of recycled plastic produced globally and within specific regions.
- Existing competitors in the market and their respective market shares.
- Consumer demand for recycled plastic products.
- Infrastructure and technology available for recycling plastics.
- Government regulations and policies promoting or discouraging the use of recycled plastics.
- Trends and projections in the waste management industry.
- Economic factors that affect the cost of production and the selling price of recycled plastics.
Key Market Indicators
- The volume and value of plastic waste generated annually.
- The percentage of plastic waste that is actually recycled.
- The market prices of raw and recycled plastic materials.
- The rate of adoption of recycled plastic by various industries like manufacturing, construction, packaging, etc.
- The number and size of companies actively involved in the plastic recycling sector.
- Investments and innovations in the plastic recycling industry.
Growth Trends
- Growth in consumer awareness and demand for environmentally conscious products.
- The development and adoption of advanced recycling technologies.
- Shift in regulatory policy towards banning single-use plastic or promoting recycling.
- Growth in market penetration of recycled plastic in various industries.
- Increase in partnerships and collaborations among stakeholders in the plastic recycling value chain.
- Global expansion of major recycled plastic manufacturers into emerging markets.
Secondary Research
Our secondary research forms the foundation of market understanding and scope definition. We collect and analyze information from multiple reliable sources to map the overall ecosystem of the Recycled Plastic Market. Key inputs include:
Company-Level Information
- Annual reports, investor presentations, SEC filings
- Company press releases and product launch announcements
- Public executive interviews and earnings calls
- Strategy briefings and M&A updates
Industry and Government Sources
- Country-level industry associations and trade bodies
- Government dossiers, policy frameworks, and official releases
- Whitepapers, working papers, and public R&D initiatives
- Relevant Associations for the Recycled Plastic Market
Market Intelligence Sources
- Broker reports and financial analyst coverage
- Paid databases (Hoovers, Factiva, Refinitiv, Reuters, Statista, etc.)
- Import/export trade data and tariff databases
- Sector-specific journals, magazines, and news portals
Macro & Consumer Insights
- Global macroeconomic indicators and their cascading effect on the industry
- Demand–supply outlook and value chain analysis
- Consumer behaviour, adoption rates, and commercialization trends
Primary Research
To validate and enrich our secondary findings, we conduct extensive primary research with industry stakeholders across the value chain. This ensures we capture both qualitative insights and quantitative validation. Our primary research includes:
Expert Insights & KOL Engagements
- Key Opinion Leader (KOL) Engagements
- Structured interviews with executives, product managers, and domain experts
- Paid and barter-based interviews across manufacturers, distributors, and end-users
Focused Discussions & Panels
- Discussions with stakeholders to validate demand-supply gaps
- Group discussions on emerging technologies, regulatory shifts, and adoption barriers
Data Validation & Business POV
- Cross-verification of market sizing and forecasts with industry insiders
- Capturing business perspectives on growth opportunities and restraints
Data Triangulation & Forecasting
The final step of our research involves data triangulation ensuring accuracy through cross-verification of:
- Demand-side analysis (consumption patterns, adoption trends, customer spending)
- Supply-side analysis (production, capacity, distribution, and market availability)
- Macroeconomic & microeconomic impact factors
Forecasting is carried out using proprietary models that combine:
- Time-series analysis
- Regression and correlation studies
- Baseline modeling
- Expert validation at each stage
Outcome
The outcome is a comprehensive and validated market model that captures:
- Market sizing (historical, current, forecast)
- Growth drivers and restraints
- Opportunity mapping and investment hotspots
- Competitive positioning and strategic insights