Plastics Recycling Market: By Type (Polyethylene Terephthalate, Polyethylene, Polypropylene, Polyvinyl Chloride, Polystyrene and Others), By Source (Bottles, Films, Fibers, Foams and Others), By End-Use Industries (Packaging, Building & Construction, Textile, Automotive, Electrical & Electronics and Others) and Geography

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Plastics Recycling Market size was valued at USD 27.9 billion in 2022 and is expected to reach USD 40.4 billion by 2029, at a CAGR of 5.4% during the forecast period 2023-2029. Due to increase in awareness about the hazards caused by plastics to living beings and environment and the energy saving advantages in the manufacturing of recycled plastics over virgin plastics. Moreover, increasing demand for the plastic in packaging, automotive, and electrical & electronics industries are major factors that are driving the growth of the global market over the forecast timeframe. This report studies global market dynamics elaborately to indentify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global plastics recycling market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the market report include suppliers, manufacturers, marketers, policy makers, and service providers engaged in global plastics recycling products.

Global Plastics Recycling Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

5.4%

Largest Market

Asia-Pacific

Fastest Growing Market

Europe

Plastics Recycling Market Dynamics

Increase in awareness regarding pollution is a key factor that drive the global plastics recycling market. Nowadays due to increased industrialization, the use and wastage of plastic has increased. Due to its nature it is not getting degraded and causing many life threatening problems to living beings and causing environmental pollution. Governments of many countries made stringent rules regarding usage and disposal of plastic. Due to these reasons the demand for global plastic recycling market has increased. Moreover, rise in demand for the plastic in packaging, automotive, and electrical & electronics industries are major factors that are driving the growth of the industry and global plastics recycling market over the forecast period.

Asia-Pacific Got Significant Share

Plastics Recycling Market

Asia Pacific accounted for larger revenue share in global market with significant CAGR. Increasing imports of waste plastics, rapid urbanization, increased awareness regarding recycling of plastic, well-established infrastructure for recycling of plastic, abundant labor pool and lenient regulations and increased usage of recycled plastic in end user industries are anticipated to propel the market. Europe plastics recycling market projected to grow at significant rate owing to strict regulations regarding the reuse of recyclable plastics and the increasing awareness regarding the need to recycle plastic for the protection of environment and health of human beings.

Latin America

Europe

Asia Pacific

Middle East

North America

Key Features of the Reports

Global plastics recycling market expanding at significant CAGR over 2023 to 2029 owing to increase in the standards of living and rapid industrialization.
Based on type, Polyethylene Terephthalate plastics recycling accounted for larger market revenue share in 2022 and projected gain market revenue share over the forecast period.
Players focusing on innovation of newer products and collaboration strategies to retain market position in global market.

Global Plastics Recycling Market Segmentation

By Type

Polyethylene Terephthalate (PET)
Polyethylene (PE)
Polypropylene (PP)
Polyvinyl Chloride (PVC)
Polystyrene (PS)
Others

By Source

Bottles
Films
Fibers
Foams
Others

By End User

Packaging
Building & Construction
Textiles
Automotive
Electrical & Electronics
Others

Frequently Asked Questions

2022 is the base year and 2029 is the forecast year.

The key segments covered in the cell imaging systems market are: Type, Source and End-Use Industries

The rising awareness of plastic waste negative impacts on the environment.

Plastics Recycling Market size was valued at USD 27.9 billion in 2022 and is expected to reach USD 40.4 billion by 2029, at a CAGR of 5.4% during the forecast period 2023-2029.

Table of Content

Executive Summary
Global Plastics Recycling Market Introduction
- Global Plastics Recycling Market - Taxonomy
- Global Plastics Recycling Market - Definitions
  - Type
  - Source

Global Plastics Recycling Market Dynamics
- Drivers
- Restraints
- Opportunities/Unmet Needs of the Market
- Trends
- Global Plastics Recycling Market Dynamic Factors - Impact Analysis
- Global Plastics Recycling Market - Competition Landscape
Global Plastics Recycling Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%)
- Market Opportunity Analysis
Global Plastics Recycling Market, By Type, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Polyethylene Terephthalate (PET)
  - Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- Polyethylene (PE)
  - Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- Polyvinyl Chloride (PVC)
  - Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- Polystyrene (PS)
  - Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- Others
  - Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
    - Market Opportunity Analysis

Global Plastics Recycling Market Forecast, By Source, 2018 - 2022 and Forecast, 2023 - 2029
- Bottles
  - Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- Films
  - Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- Fibers
  - Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- Foams
  - Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- Others
  - Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis

Global Plastics Recycling Market Forecast, By End User industry, 2018 - 2022 and Forecast, 2023 - 2029
- Packaging
  - Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis

Building & Construction
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
Textiles
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
Automotive
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
Electrical & Electronics
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
Others
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis

Global Plastics Recycling Market Forecast, By Region, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- North America
  - Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- Europe
  - Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- Asia-Pacific
  - Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- Latin America
  - Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- Middle East and Africa
  - Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- Global Plastics Recycling Market - Opportunity Analysis Index, By Type, Source, End User, and Region, 2023 - 2029
North America Plastics Recycling Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
  - Polyethylene Terephthalate (PET)
  - Polyethylene (PE)
  - Polypropylene (PP)
  - Polyvinyl Chloride (PVC)
  - Polystyrene (PS)
  - Others
- Source Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
  - Bottles
  - Films
  - Fibers
  - Foams
  - Others
- End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
  - Packaging
  - Building & Construction
  - Textiles
  - Automotive
  - Electrical & Electronics
  - Others
- Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
  - US.
  - Canada
- North America Plastics Recycling Market - Opportunity Analysis Index, By Type, Source, End User, and Country, 2023 - 2029
- North America Plastics Recycling Market Dynamics - Trends
Europe Plastics Recycling Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
  - Polyethylene Terephthalate (PET)
  - Polyethylene (PE)
  - Polypropylene (PP)
  - Polyvinyl Chloride (PVC)
  - Polystyrene (PS)
  - Others
- Source Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
  - Bottles
  - Films
  - Fibers
  - Foams
  - Others
- End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
  - Packaging
  - Building & Construction
  - Textiles
  - Automotive
  - Electrical & Electronics
  - Others
- Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
  - Germany
  - UK
  - France
  - Spain
  - Italy
  - Russia
  - Poland
  - Rest of Europe
- Europe Plastics Recycling Market - Opportunity Analysis Index, By Type, Source, End User, and Country, 2023 - 2029
- Europe Plastics Recycling Market Dynamics - Trends
Asia-Pacific Plastics Recycling Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
  - Polyethylene Terephthalate (PET)
  - Polyethylene (PE)
  - Polypropylene (PP)
  - Polyvinyl Chloride (PVC)
  - Polystyrene (PS)
  - Others
- Source Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
  - Bottles
  - Films
  - Fibers
  - Foams
  - Others
- End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
  - Packaging
  - Building & Construction
  - Textiles
  - Automotive
  - Electrical & Electronics
  - Others
- Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
  - Japan
  - China
  - India
  - ASEAN
  - Australia & New Zealand
  - Rest of Asia-Pacific
- Asia-Pacific Plastics Recycling Market - Opportunity Analysis Index, By Type, Source, End User, and Country, 2023 - 2029
- Asia-Pacific Plastics Recycling Market Dynamics - Trends
Latin America Plastics Recycling Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
  - Polyethylene Terephthalate (PET)
  - Polyethylene (PE)
  - Polypropylene (PP)
  - Polyvinyl Chloride (PVC)
  - Polystyrene (PS)
  - Others
- Source Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
  - Bottles
  - Films
  - Fibers
  - Foams
  - Others
- End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
  - Packaging
  - Building & Construction
  - Textiles
  - Automotive
  - Electrical & Electronics
  - Others
- Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
  - Brazil
  - Mexico
  - Argentina
  - Venezuela
  - Rest of Latin America
- Latin America Plastics Recycling Market - Opportunity Analysis Index, By Type, Source, End User, and Country, 2023 - 2029
- Latin America Plastics Recycling Market Dynamics - Trends
Middle East and Africa Plastics Recycling Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
  - Polyethylene Terephthalate (PET)
  - Polyethylene (PE)
  - Polypropylene (PP)
  - Polyvinyl Chloride (PVC)
  - Polystyrene (PS)
  - Others
- Source Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
  - Bottles
  - Films
  - Fibers
  - Foams
  - Others
- End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
  - Packaging
  - Building & Construction
  - Textiles
  - Automotive
  - Electrical & Electronics
  - Others
- Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
  - Gulf Cooperation Council (GCC) Countries
  - Israel
  - South Africa
  - Rest of MEA
- MEA Plastics Recycling Market - Opportunity Analysis Index, By Type, Source, End User, and Country, 2023 - 2029
- MEA Plastics Recycling Market Dynamics - Trends
Competition Landscape
- Strategic Dashboard of Top Market Players
- Company Profiles (Introduction, Financial Analysis, Source & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
  - Veolia (France),
  - Suez (France),
  - KW Plastics (US)
  - Jayplas (UK)
  - Kuusakoski Oy (UK)
  - Envisison Plastics (US)
  - Plasgran Ltd. (UK)
  - B & B plastics incorporation (US)
  - Schoenberg & corporation (US)
  - PARC corporation (US)
  - Omni resource recovery (US)
  - Custom polymers incorporation (US)
  - United plastic recycling (US)

Research Methodology
Key Assumptions and Acronyms

Veolia (France),
Suez (France),
KW Plastics (US)
Jayplas (UK)
Kuusakoski Oy (UK)
Envisison Plastics (US)
Plasgran Ltd. (UK)
B & B plastics incorporation (US)
Schoenberg & corporation (US)
PARC corporation (US)
Omni resource recovery (US)
Custom polymers incorporation (US)
United plastic recycling (US)

Purchase Option

Global Plastics Recycling Market Summary

2024-2030

2023

5.4%

Asia-Pacific

Europe

Plastics Recycling Market Dynamics

Key Features of the Reports

Global Plastics Recycling Market Segmentation

By Type

By Source

By End User

Frequently Asked Questions

What is the base and forecast year of the report?

What are the key segments covered in the Plastics Recycling Market .?

What are the key drivers of the Plastics Recycling Market .?

How big is the Plastics Recycling Market?

How big is the Plastics Recycling Market?

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