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Global Plastic Recycling Market Research Report: Forecast (2024-2030)

By Source (Bottles, Films, Fibers, Foams), By Plastic Type (Polyethylene Terephthalate (PET) , Polyethylene (PE), Polypropylene (PP), Polyvinyl Chloride (PVC), Polystyrene (PS)), B......y Type (Post-consumer Recyclates, Industrial Recyclates), By Process (Mechanical Recycling, Chemical Recycling), By Application (Packaging, Building & Construction, Textiles, Automotive, Electrical & Electronics), By Region (North America, South America, Europe, The Middle East & Africa, Asia-Pacific), By Company (Veolia, Suez, KW Plastics, Jayplas, B. Schoenberg & Co., B&B Plastics, Green Line Polymers, Clear Path Recycling, Custom Polymers, and Plastipak Holdings, etc) Read more

Energy
Nov 2023
Pages 178
Report Format: PDF, Excel, PPT

Market Definition

Plastic recycling is an approach of reprocessing plastic waste & converting it into useful materials. This practice helps in addressing several environmental concerns like landfills, water pollution, environmental contamination, etc. Recycling plastic facilitates the conservation of non-renewable fossil fuels, less energy consumption while producing plastic from scratch, minimized landfill levels, etc.

Market Insights & Analysis: Global Plastic Recycling Market (2024-30):

The Global Plastic Recycling Market size is valued at nearly USD 32.9 billion in 2023 & is predicted to reach about USD 59.23 billion by 2030. Along with this, the market is also estimated to grow at a CAGR of about 8.72% during the forecast period, i.e., 2024-30. The market is experiencing significant growth, primarily fueled by the surging demand for plastic materials across various industries, including automotive, medical, textile, construction, and packaging.

This demand is driven by the versatile properties of plastic, such as its exceptional impact resistance, ease of transformation & processing, superior insulation capabilities, strength, and moisture resistance. A growing global emphasis on addressing environmental concerns, notably Greenhouse Gas (GHG) emissions & the proliferation of landfills, has led to the increased adoption of sustainable practices like plastic recycling.

Report Coverage	Details
Study Period	Historical Data: 2018-22
	Base Year: 2023
	Forecast Period: 2024-30
CAGR (2024-2030)	8.72%
Regions Covered	North America: USA, Canada, Mexico
	Europe: Germany, The UK, France, Spain, Italy, Rest of Europe
	Asia-Pacific: China, India, Japan, South Korea, Rest of Asia-Pacific
	South America: Brazil, Argentina, Rest of South America
	Middle East & Africa: UAE, Saudi Arabia, South Africa, Rest of Middle East & Africa
Key Companies Profiled	Veolia, Suez, KW Plastics, Jayplas, B. Schoenberg & Co., B&B Plastics, Green Line Polymers, Clear Path Recycling, Custom Polymers, and Plastipak Holdings
Market Value (2023)	USD 32.9 Billion

Moreover, the proliferation of mobile applications has revolutionized the system of consumer purchasing, leading to a substantial surge in the e-commerce sector. This boom in e-commerce has created a wealth of opportunities for businesses in the Recycled Plastics Market, particularly as the e-commerce industry heavily relies on plastic for packaging & transportation of goods. As the e-commerce sector is poised for further growth with an increasing number of transactions, the market is expected to expand correspondingly in the forecast years.

Furthermore, heightened awareness of the detrimental environmental impacts of plastic waste, such as ocean pollution & harm to wildlife, is a major driver behind the industry's growth. This increased awareness has prompted a surge in demand for plastic recycling as a means to mitigate plastic waste & reduce its environmental footprint.

Both consumers & businesses are showing a growing preference for environmentally friendly and sustainable products. Consequently, many companies have started incorporating recycled plastic into their products, further stimulating demand for these recycled materials.

Global Plastic Recycling Market Research Report (2024-2030) - Table of Contents

Market Segmentation
Introduction
1. Product Definition
2. Research Process
3. Assumptions
Executive Summary
Global Plastic Recycling Market Trends & Developments
Global Plastic Recycling Market Dynamics
1. Drivers
2. Challenges
Global Plastic Recycling Market Regulations, Policies, and Standards
Global Plastic Recycling Supply Chain Analysis
Global Plastic Recycling Porter Five Forces Analysis
Global Plastic Recycling Hotspot & Opportunities
Global Plastic Recycling Market Outlook, 2019-2030F
1. Market Size & Analysis
  1. By Revenues USD Million
2. Market Size & Analysis
  1. By Source
    1. Bottles- Market Size & Forecast 2019-2030, USD Million
    2. Films- Market Size & Forecast 2019-2030, USD Million
    3. Fibers- Market Size & Forecast 2019-2030, USD Million
    4. Foams- Market Size & Forecast 2019-2030, USD Million
  2. By Plastic Type
    1. Polyethylene Terephthalate (PET) - Market Size & Forecast 2019-2030, USD Million
    2. Polyethylene (PE)- Market Size & Forecast 2019-2030, USD Million
    3. Polypropylene (PP)- Market Size & Forecast 2019-2030, USD Million
    4. Polyvinyl Chloride (PVC)- Market Size & Forecast 2019-2030, USD Million
    5. Polystyrene (PS)- Market Size & Forecast 2019-2030, USD Million
  3. By Type
    1. Post-consumer Recyclates- Market Size & Forecast 2019-2030, USD Million
    2. Industrial Recyclates- Market Size & Forecast 2019-2030, USD Million
  4. By Process
    1. Mechanical Recycling - Market Size & Forecast 2019-2030, USD Million
    2. Chemical Recycling - Market Size & Forecast 2019-2030, USD Million
  5. By Application
    1. Packaging- Market Size & Forecast 2019-2030, USD Million
    2. Building & Construction- Market Size & Forecast 2019-2030, USD Million
    3. Textiles- Market Size & Forecast 2019-2030, USD Million
    4. Automotive- Market Size & Forecast 2019-2030, USD Million
    5. Electrical & Electronics- Market Size & Forecast 2019-2030, USD Million
  6. By Region
    1. North America
    2. South America
    3. Europe
    4. The Middle East & Africa
    5. Asia-Pacific
  7. By Competition
    1. Competition Characteristics
    2. Market Share Analysis
North America Plastic Recycling Market Outlook, 2019-2030F
1. Market Size & Analysis
  1. By Revenues USD Million
2. Market Share & Analysis
  1. By Source- Market Size & Forecast 2019-2030, USD Million
  2. By Plastic Type- Market Size & Forecast 2019-2030, USD Million
  3. By Type- Market Size & Forecast 2019-2030, USD Million
  4. By Process- Market Size & Forecast 2019-2030, USD Million
  5. By Application- Market Size & Forecast 2019-2030, USD Million
  6. By Country
    1. The US
    2. Canada
    3. Mexico
3. The US Plastic Recycling Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues USD Million
  2. Market Share & Analysis
    1. By Source- Market Size & Forecast 2019-2030, USD Million
    2. By Type- Market Size & Forecast 2019-2030, USD Million
    3. By Application- Market Size & Forecast 2019-2030, USD Million
4. Canada Plastic Recycling Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues USD Million
  2. Market Share & Analysis
    1. By Source- Market Size & Forecast 2019-2030, USD Million
    2. By Type- Market Size & Forecast 2019-2030, USD Million
    3. By Application- Market Size & Forecast 2019-2030, USD Million
5. Mexico Plastic Recycling Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues USD Million
  2. Market Share & Analysis
    1. By Source- Market Size & Forecast 2019-2030, USD Million
    2. By Type- Market Size & Forecast 2019-2030, USD Million
    3. By Application- Market Size & Forecast 2019-2030, USD Million
South America Plastic Recycling Market Outlook, 2019-2030F
1. Market Size & Analysis
  1. By Revenues USD Million
2. Market Share & Analysis
  1. By Source- Market Size & Forecast 2019-2030, USD Million
  2. By Plastic Type- Market Size & Forecast 2019-2030, USD Million
  3. By Type- Market Size & Forecast 2019-2030, USD Million
  4. By Process- Market Size & Forecast 2019-2030, USD Million
  5. By Application- Market Size & Forecast 2019-2030, USD Million
  6. By Country
    1. Brazil
    2. Argentina
    3. Rest of South America
3. Brazil Plastic Recycling Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues USD Million
  2. Market Share & Analysis
    1. By Source- Market Size & Forecast 2019-2030, USD Million
    2. By Type- Market Size & Forecast 2019-2030, USD Million
    3. By Application- Market Size & Forecast 2019-2030, USD Million
4. Argentina Plastic Recycling Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues USD Million
  2. Market Share & Analysis
    1. By Source- Market Size & Forecast 2019-2030, USD Million
    2. By Type- Market Size & Forecast 2019-2030, USD Million
    3. By Application- Market Size & Forecast 2019-2030, USD Million
Europe Plastic Recycling Market Outlook, 2019-2030F
1. Market Size & Analysis
  1. By Revenues USD Million
2. Market Share & Analysis
  1. By Source- Market Size & Forecast 2019-2030, USD Million
  2. By Plastic Type- Market Size & Forecast 2019-2030, USD Million
  3. By Type- Market Size & Forecast 2019-2030, USD Million
  4. By Process- Market Size & Forecast 2019-2030, USD Million
  5. By Application- Market Size & Forecast 2019-2030, USD Million
  6. By Country
    1. Germany
    2. The UK
    3. France
    4. Spain
    5. Italy
    6. Rest of Europe
3. Germany Plastic Recycling Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues USD Million
  2. Market Share & Analysis
    1. By Source- Market Size & Forecast 2019-2030, USD Million
    2. By Type- Market Size & Forecast 2019-2030, USD Million
    3. By Application- Market Size & Forecast 2019-2030, USD Million
4. The UK Plastic Recycling Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues USD Million
  2. Market Share & Analysis
    1. By Source- Market Size & Forecast 2019-2030, USD Million
    2. By Type- Market Size & Forecast 2019-2030, USD Million
    3. By Application- Market Size & Forecast 2019-2030, USD Million
5. France Plastic Recycling Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues USD Million
  2. Market Share & Analysis
    1. By Source- Market Size & Forecast 2019-2030, USD Million
    2. By Type- Market Size & Forecast 2019-2030, USD Million
    3. By Application- Market Size & Forecast 2019-2030, USD Million
6. Spain Plastic Recycling Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues USD Million
  2. Market Share & Analysis
    1. By Service- Market Size & Forecast 2019-2030, USD Million
    2. By Type- Market Size & Forecast 2019-2030, USD Million
    3. By End-User Market Size & Forecast 2019-2030, USD Million
7. Italy Plastic Recycling Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues USD Million
  2. Market Share & Analysis
    1. By Source- Market Size & Forecast 2019-2030, USD Million
    2. By Type- Market Size & Forecast 2019-2030, USD Million
    3. By Application- Market Size & Forecast 2019-2030, USD Million
The Middle East & Africa Plastic Recycling Market Outlook, 2019-2030F
1. Market Size & Analysis
  1. By Revenues USD Million
2. Market Share & Analysis
  1. By Source- Market Size & Forecast 2019-2030, USD Million
  2. By Plastic Type- Market Size & Forecast 2019-2030, USD Million
  3. By Type- Market Size & Forecast 2019-2030, USD Million
  4. By Process- Market Size & Forecast 2019-2030, USD Million
  5. By Application- Market Size & Forecast 2019-2030, USD Million
  6. By Country
    1. The UAE
    2. Saudi Arabia
    3. South Africa
    4. Rest of Middle East & Africa
3. The UAE Plastic Recycling Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues USD Million
  2. Market Share & Analysis
    1. By Source- Market Size & Forecast 2019-2030, USD Million
    2. By Type- Market Size & Forecast 2019-2030, USD Million
    3. By Application- Market Size & Forecast 2019-2030, USD Million
4. Saudi Arabia Plastic Recycling Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues USD Million
  2. Market Share & Analysis
    1. By Source- Market Size & Forecast 2019-2030, USD Million
    2. By Type- Market Size & Forecast 2019-2030, USD Million
    3. By Application- Market Size & Forecast 2019-2030, USD Million
5. South Africa Plastic Recycling Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues USD Million
  2. Market Share & Analysis
    1. By Source- Market Size & Forecast 2019-2030, USD Million
    2. By Type- Market Size & Forecast 2019-2030, USD Million
    3. By Application- Market Size & Forecast 2019-2030, USD Million
Asia-Pacific Plastic Recycling Market Outlook, 2019-2030F
1. Market Size & Analysis
  1. By Revenues USD Million
2. Market Share & Analysis
  1. By Source- Market Size & Forecast 2019-2030, USD Million
  2. By Plastic Type- Market Size & Forecast 2019-2030, USD Million
  3. By Type- Market Size & Forecast 2019-2030, USD Million
  4. By Process- Market Size & Forecast 2019-2030, USD Million
  5. By Application- Market Size & Forecast 2019-2030, USD Million
  6. By Country
    1. China
    2. Japan
    3. India
    4. South Korea
    5. Rest of Asia-Pacific
3. China Plastic Recycling Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues USD Million
  2. Market Share & Analysis
    1. By Source- Market Size & Forecast 2019-2030, USD Million
    2. By Type- Market Size & Forecast 2019-2030, USD Million
    3. By Application- Market Size & Forecast 2019-2030, USD Million
4. Japan Plastic Recycling Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues USD Million
  2. Market Share & Analysis
    1. By Source- Market Size & Forecast 2019-2030, USD Million
    2. By Type- Market Size & Forecast 2019-2030, USD Million
    3. By Application- Market Size & Forecast 2019-2030, USD Million
5. India Plastic Recycling Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues USD Million
  2. Market Share & Analysis
    1. By Source- Market Size & Forecast 2019-2030, USD Million
    2. By Type- Market Size & Forecast 2019-2030, USD Million
    3. By Application- Market Size & Forecast 2019-2030, USD Million
6. South Korea Plastic Recycling Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues USD Million
  2. Market Share & Analysis
    1. By Source- Market Size & Forecast 2019-2030, USD Million
    2. By Type- Market Size & Forecast 2019-2030, USD Million
    3. By Application- Market Size & Forecast 2019-2030, USD Million
Global Plastic Recycling Market Key Strategic Imperatives for Success & Growth
Competitive Outlook
1. Company Profiles
  1. Veolia
    1. Business Description
    2. Type Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  2. Suez
    1. Business Description
    2. Type Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  3. KW Plastic
    1. Business Description
    2. Type Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  4. Jayplas
    1. Business Description
    2. Type Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  5. B. Schoenberg & Co.
    1. Business Description
    2. Type Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  6. B&B Plastics
    1. Business Description
    2. Type Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  7. Green Line Polymers
    1. Business Description
    2. Type Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  8. Clear Path Recycling
    1. Business Description
    2. Type Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  9. Custom Polymers
    1. Business Description
    2. Type Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  10. Plastipak Holdings.
    1. Business Description
    2. Type Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  11. Others
Disclaimer

MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:

1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.

2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.

3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.

4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making

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