Product Code: PLS031E
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.
The Asia-Pacific market for plastic recycling is expected to grow from $22.0 billion in 2024 to $31.5 billion by the end of 2029, at a CAGR of 7.5% from 2024 to 2029.
The North American market for plastic recycling is expected to grow from $5.2 billion in 2024 to $7.2 billion by the end of 2029, at a CAGR of 6.6% from 2024 to 2029.
Report Scope
This report entails an in-depth qualitative and quantitative analyses of global plastic recycling market. The study considers 2023 as the base year; forecasts are provided for revenue from 2024 to 2029 ($ 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).
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
Table of Contents
Chapter 1 Executive Summary
- Market Outlook
- Scope of Report
- Market Summary
Chapter 2 Market Overview
- Background
- Growing Need for Plastic Recycling
- PESTLE Analysis
- Porter's Five Forces Analysis
- Bargaining Power of Buyers
- Bargaining Power of Suppliers
- Potential for New Entrants
- Threat of Substitutes
- Level of Competition in the Industry
- Supply Chain Analysis
- Collectors and Sorters
- Reprocessors
- Plastic Material Producers
- Convertors
- End Users
Chapter 3 Market Dynamics
- Market Dynamics Snapshot
- Market Drivers
- Lowering the Environmental Footprint of Plastic Products
- Advances in Plastic Recycling
- Hub for Attracting Investments
- Regulatory Stringency
- Market Restraints
- Cost- and Resource-Intensive Process
- Quality Concerns
- Health Hazards
- Market Challenges
- Inadequate Waste Collection and Recycling Infrastructure
- Reliance on Unorganized Waste Sector
- Market Opportunities
- Developing a Multi-Stakeholder Approach
Chapter 4 Emerging Technologies and Developments
- Emerging Technologies
- Enzymatically Recycled Nylon 6,6 Product
- Advanced PET Recycling Process
- Closed-Recycling Loop for Multi-layer Packaging
- Plastic Recycling with Cobalt-Based Catalysts
Chapter 5 Market Segmentation Analysis
- Segmentation Breakdown
- Market Analysis, by Type
- Polyethylene Terephthalate (PET)
- High-density Polyethylene (HDPE)
- LDPE and LLDPE
- Polypropylene (PP)
- Other Plastics
- Market Analysis, by Technology
- Mechanical Recycling
- Chemical Recycling
- Market Analysis, by End-Use Industry
- Packaging
- Construction
- Transportation
- Other End-Use Industries
- Geographic Breakdown
- Market Analysis, by Region
- Asia-Pacific
- Europe
- North America
- Rest of the World
Chapter 6 Competitive Intelligence
- Plastic Recycling Landscape
- Strategic Analysis
Chapter 7 Sustainability in Global Plastic Recycling Market: An ESG Perspective
- ESG in the Plastic Recycling Industry
- ESG Issues in the Plastic Recycling Industry
- ESG Ratings and Metrics
- ESG Practices in the Market
- Status of ESG in Plastic Recycling Industry
Chapter 8 Appendix
- Methodology
- Information Sources
- Acronyms
- References
- Company Profiles
- BERRY GLOBAL INC.
- CUSTOM POLYMERS
- INDORAMA VENTURES PUBLIC CO. LTD.
- LOOP INDUSTRIES INC.
- MBA POLYMERS INC.
- PLASTIPAK HOLDINGS INC.
- REVALYU RESOURCES GMBH
- THE SHAKTI PLASTIC INDUSTRIES
- VANDEN GLOBAL LTD.
- VEOLIA ENVIRONNEMENT S.A.