Plastics Recycling: Global Markets

Report Highlights

The global market for plastic recycling is expected to grow from $42.4 billion in 2024 to $57.9 billion by the end of 2029, at a compound annual growth rate (CAGR) of 6.4% from 2024 to 2029.

Report Includes

• 70 data tables and 35 additional tables
• Analysis of the global plastic recycling market
• Analyses of global market trends, with market revenue data from 2023, estimates for 2024, forecasts for 2028, and projected CAGRs through 2029
• Estimate of the current market size and revenue growth prospects for global market, along with a market share analysis by resin type, technology, end-use industry, and region
• Facts and figures pertaining to the market dynamics, current and emerging technologies, regulations, and future prospects for recycled plastics
• Review of the industry supply chain, using the Porter’s Five Forces and PESTLE models, to analyze the micro- and macro environmental factors prevailing in the marketplace
• Overview of sustainability trends and ESG developments in the industry, with a focus on consumer attitudes, companies’ ESG score rankings and their ESG practices
• A look a recent patents and other new developments
• An analysis of the industry structure, including companies’ market shares, alliances, M&A activity and venture funding outlook
• Company profiles of leading players, including Berry Global Inc., Veolia Environnement S.A., MBA Polymers Inc., Plastipak Holdings Inc., and Valgroup

Report Scope

This report entails an in-depth qualitative and quantitative analyses of global plastic recycling market. The study considers 2023 as the base year; forecasts are provided for revenue from 2024 to 2029 ($ million). The global market revenue only comprises revenue earned by plastic recyclers by offering plastic recycling services and selling recycled plastics.

In this report, the market is further segmented by:

• Type: polyethylene terephthalate (PET), high-density polyethylene (HDPE), low-density polyethylene (LDPE) and linear low-density polyethylene (LLDPE), polypropylene (PP), others.
• End-use industry: packaging, construction, transportation, others.
• Technology: mechanical, chemical.
• Region: Asia-Pacific, Europe, North America, Rest of the World (RoW).

Analyst Credentials

Yukti Chaturvedi– Associate Consultant-Advanced Materials Research
Yukti Chaturvedi has over five years of experience in market research. She has a strong knowledge of plastics, chemicals, consumer goods, and advanced materials research. She has handled end-to-end business by providing strategic recommendations and understanding clients’ requirements thoroughly in the market research industry. She demonstrated excellence in working effectively in critical areas − competitor intelligence, product intelligence, market understanding, industry trend analysis, and customer insights. Academically, she is an MBA graduate in International Business.

Consulting Editor’s Credentials

Jason Chen has been an analyst and consultant for the polymer, composite, fibre, textile and energy industries for 19 years. He works as a researcher, writer and/or editor for the American Composites Manufacturers Association (ACMA), China Textile Academy (CTA), China Chemical Fiber Association (CCFA), International Fiber Journal, Filtration News, Platts Emission Daily, Vision Systems Design, Pesticide and Toxic Chemical News and MobileTex. He has a degree in Civil Engineering, Chemicals and Advanced Materials from Shantou University.