Plastic Recycling Market

Q: How big was the plastic recycling market in 2021?

The plastic recycling market stood at US$ 3.6 Bn in 2021 Read More

Plastic Recycling Market (Material: PET, PP, HDPE, LDPE, PS, PVC, and Others; and Application: Packaging, Automotive, Construction, Textiles, and Others) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2022-2031

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Plastic Recycling Market Outlook 2031

The global plastic recycling market was valued at US$ 39.6 Bn in 2021
It is estimated to grow at a CAGR of 7.0% from 2022 to 2031
The global plastic recycling market is expected to reach US$ 77.8 Bn by the end of 2031

Analysts’ Viewpoint on Plastic Recycling Market Scenario

Implementation of landfill bans and restrictions in various countries are driving the global plastic recycling market. Overuse of plastics across the globe has led to a huge challenge for appropriate disposal, as it takes years for plastic to decompose on its own in the environment. This necessitates effective plastic recycling in order to reduce its adverse impacts on the environment. Increase in awareness about plastic recycling is expected to augment the global market during the forecast period. Plastic can be recycled to manufacture products such as mats, rugs, and swimwear. Key players operating in the market are investing significantly to enhance their recycling capacity in order to cater to the increasing demand for waste management.

Plastic Recycling Market

Plastic Recycling Market Introduction

Plastic recycling is a mechanical and/or chemical process of recovering plastic waste or scrap discarded during the production of plastic products (pre-consumer plastic waste) or after the use of these products by consumers (post-consumer plastic waste). It is a cost-effective process and helps decrease carbon emissions. Recycled PET plastic is widely used in packaging and construction sectors. It is employed in the primary and secondary packaging of various products. In the construction sector, low-value products such as plastic lumber, roadside curbs, damp roof membranes, walkways, ducting and flooring, and fences are manufactured from recycled plastics. Approvals from the FDA and other regulatory bodies are necessary for the utilization of recycled plastic in food contact packaging applications.

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Implementation of Restrictions on Landfills Fueling Global Plastic Recycling Market

Several developed countries, especially those in Europe, have imposed a ban on dumping of plastic waste in landfills in order to reduce pollution. Some countries in Europe have made relatively good progress in plastic bottle recycling and diverting waste from landfill in the last few years for almost all waste streams, particularly for household and similar waste. In 2016, 10 countries in the European Union (EU) banned the dumping of plastic waste in landfills. These countries recorded a significant rise in the plastic recovery rate after the ban was imposed. The Landfill Directive, an EU directive that regulates waste management of landfills, aims to reduce the proportion of municipal waste disposed of by landfilling to 10% or less of the total amount of municipal waste generated, by 2035.

Rise in Awareness about Environmental Protection

Governments and several private organizations across the globe are developing extensive programs to channel plastic waste into collection streams to prevent the trash from seeping into oceans. These programs promote plastic bag recycling to mitigate landfill hazards. People are also increasingly preferring to recycle bottles and other plastic products to reduce waste. Various techniques, such as curbside recycling, drop-off recycling, buy-back centers, and deposit/refund centers, are helping organizations funnel in the maximum amount of trash for recycling. Plastic banks exchange plastic trash for other products, cash, or services in order to prevent littering. In October 2022, the Ministry of Marine Affairs and Fisheries, Government of Indonesia, launched a US$ 67,600 program that is expected to pay traditional fishers to collect plastic trash from the sea. The four-week initiative is part of wider efforts to cut marine plastic waste by 70% by 2025.

Economic Benefits of Plastic Recycling

Around 8% of the oil produced in the world is utilized to manufacture plastics. Plastic recycling can reduce expenditure on crude oil and electricity. Around 1,000 kg of recycled plastic saves 685 gallons of oil, nearly 5,800 kWh of electricity, and more than 30 cubic yards of landfill space. Furthermore, the price of recycled plastics is usually lower than that of its virgin counterpart. SWaCH Pune, an informal waste management service in the City of Pune in India, achieves considerable plastic waste segregation and high recycling levels. It collects around 30,000 tons of plastic material annually, thereby diverting around 52% of the plastic waste in the city from landfills. SWaCH Pune undertakes plastic waste collection and recycling activities at a much lower cost than conventional or formal mechanized and centralized waste management approaches. Waste pickers in the service save an estimated US$ 12.5 Mn each year in labor, transportation, waste collection & sorting equipment, and processing costs.

Surge in Demand for HDPE in Packaging and Residential Applications

Based on material, the global plastic recycling market has been segmented into PET, PP, HDPE, LDPE, PS, PVC, and others. The HDPE segment dominated the global market in 2021 with 32.8% share. According to recent insights on the plastic recycling market, the segment is anticipated to grow at a CAGR of 7.7% during the forecast period. Increase in demand for high-density polyethylene (HDPE) in packaging and residential applications is driving the segment. HDPE is the most commonly recycled plastic and is usually deemed safe for food contact by the FDA. It is much stronger than Polyethylene Terephthalate (PET) and can be reused safely. HDPE is used to manufacture products such as milk jugs, yogurt tubs, cleaning product containers, body wash bottles, and toys, as it has a very low risk of leaching into foods or liquids. Recycled HDPE can be made into numerous items including pens, plastic lumber, plastic fencing, picnic tables, and bottles.

Extensive Use of Recycled Plastic in Packaging Sector

In terms of application, the global plastic recycling market has been classified into packaging, automotive, construction, textiles, and others. The packaging segment held major share of 38.4% of the global market in 2021, and it is expected to grow at a CAGR of 7.5% during the forecast period. The packaging sector is a major end-user of recycled plastics. Plastic packaging is usually carried out in two forms: rigid packaging and non-rigid packaging. Rigid packaging usually includes containers, rigid bottles, and boxes whereas flexible packaging includes plastic wraps, carrier bags, sachets, packets, and covers.

Regional Outlook of Global Plastic Recycling Market

Asia Pacific accounted for 69.6% market share for plastic recycling in 2021, and it is expected to grow at a CAGR of 6.5% during the forecast period. The market value of plastic recycling in Asia Pacific was US$ 27.6 Bn in terms of revenue in 2021, and it is expected to reach US$ 51.7 Bn by 2031. Increase in the consumption of plastics and rise in investment in plastic waste management are driving the market in the region.

Analysis of Key Players in Global Plastic Recycling Market

The global plastic recycling market is largely fragmented. Majority of companies operating in the market only process plastic scrap, which is supplied to master batch producers or compounders. Market players are focusing on business & capacity expansion, technological innovation & advancement, and merger & acquisition to broaden their global presence. Kuusakoski, Berry Global Inc., B&B Plastics Inc., Plastipak Holdings, Inc., WM Recycle America, LLC, CarbonLite Industries LLC, Custom Polymers, Inc., Dart Container Corporation, Fresh-Pak Corporation, Novolex, KW Plastics, MBA Polymers Inc., and Wellpine Plastic Industrial Co., Ltd. are prominent entities operating in this market.

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Key Developments in Global Plastic Recycling Market

In October 2022, KW Plastics entered into a long-term scrap supply agreement with the North American division of Clean Planet Energy, a cleantech, renewable, and alternative energy company. The division is building a pyrolysis plant in Alabama, U.S. The agreement will help turn 20,000 tons of plastic residue generated at the current KW Plastics facility in Alabama into reusable circular products rather than being sent to landfill. The new facility is set to produce petrochemical feedstock that is used to manufacture plastics or ultra-low-sulfur fuels.
In September 2022, Novolex announced a US$ 10 Mn investment at its facility in North Vernon, U.S., to increase its recycling capacity for plastic bags and other PE film. This new facility is set to be fed 40 million pounds of feedstock per year.
In September 2022, WM Recycle America, LLC announced its plan to acquire the business of Avangard Innovative in the U.S. The business will operate as Natura PCR – an independent company expected to scale and grow its recycling capacity to produce an estimated 400 million pounds per year of Post-consumer Resin (PCR) in five years.
In January 2022, Plastipak Holdings, Inc., a global leader in the design, manufacture, and recycling of plastic containers, completed a major investment to expand its PET recycling capacity at its manufacturing site in Bascharage, Luxembourg. The expansion is set to increase the annual production capacity by 136%.

Key players have been profiled in the plastic recycling market report based on parameters such as company overview, financial overview, business strategies, product portfolio, business segments, and recent developments.

Global Plastic Recycling Market Snapshot

Attribute	Detail
Market Size Value in 2021	US$ 39.6 Bn
Market Forecast Value in 2031	US$ 77.8 Bn
Growth Rate (CAGR)	7.0%
Forecast Period	2022–2031
Historical Data Available for	2020
Quantitative Units	US$ Bn For Value and Kilo Tons For Volume
Market Analysis	It includes cross segment analysis at Europe as well as country level. Furthermore, qualitative analysis includes drivers, restraints, opportunities, key trends, Porter’s Five Forces analysis, value chain analysis, and key trend analysis.
Competition Landscape	Market share analysis by company (2021) Company profiles section includes overview, product portfolio, sales footprint, key subsidiaries or distributors, strategy & recent developments, and key financials
Format	Electronic (PDF) + Excel
Market Segmentation	Material PET PP HDPE LDPE PS PVC Others Application Packaging Food Contact Non-food Contact Automotive Construction Textiles Others
Regions Covered	North America Europe Asia Pacific Latin America Middle East & Africa
Countries Covered	U.S. Canada Germany U.K. France Italy Spain Russia & CIS Rest of Europe China India Australia ASEAN Rest of Asia Pacific GCC South Africa Rest of Middle East & Africa Brazil Mexico Rest of Latin America
Companies Profiled	Kuusakoski Berry Global Inc. B&B Plastics Inc. Plastipak Holdings, Inc. WM Recycle America, LLC CarbonLite Industries LLC Custom Polymers, Inc. Dart Container Corporation Fresh-Pak Corporation Novolex KW Plastics MBA Polymers Inc. Wellpine Plastic Industrial Co., Ltd.
Customization Scope	Available upon request
Pricing	Available upon request

Frequently Asked Questions

How big was the plastic recycling market in 2021?

The plastic recycling market stood at US$ 3.6 Bn in 2021

How is the market expected to grow by 2031?

The plastic recycling market is expected to grow at a CAGR of 7.0% from 2022 to 2031

What are the key drivers of the plastic recycling market?

Implementation of restrictions on landfills and rise in awareness regarding environmental protection

Which was the largest segment in the plastic recycling market in 2021?

The HPDE segment held largest 32.8% share of the plastic recycling market in 2021

Which region was the most lucrative in the plastic recycling market in 2021?

Asia Pacific was the most lucrative region of the plastic recycling market in 2021 with 69.6% share

Who are the prominent players in the plastic recycling market?

Kuusakoski, Berry Global Inc., B&B Plastics Inc., Plastipak Holdings, Inc., WM Recycle America, LLC, CarbonLite Industries LLC, Custom Polymers, Inc., Dart Container Corporation, Fresh-Pak Corporation, Novolex, KW Plastics, MBA Polymers Inc., and Wellpine Plastic Industrial Co., Ltd.

1. Executive Summary

1.1. Plastic Recycling Market Snapshot

1.2. Key Market Trends

1.3. Current Market and Future Potential

1.4. TMR’s Growth Opportunity Wheel

2. Market Overview

2.1. Market Segmentation

2.2. Market Indicators

2.3. Market Definitions

2.4. Market Dynamics

2.4.1. Drivers

2.4.2. Restraints

2.4.3. Opportunities

2.5. Porter’s Five Forces Analysis

2.6. Value Chain Analysis

2.6.1. List of Service Providers

2.6.2. List of Potential Customers

3. COVID-19 Impact Analysis

4. Global Plastic Recycling Market Analysis and Forecast, by Material, 2022–2031

4.1. Introduction and Definitions

4.2. Global Plastic Recycling Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Material, 2022–2031

4.2.1. PET

4.2.2. PP

4.2.3. HDPE

4.2.4. LDPE

4.2.5. PS

4.2.6. PVC

4.2.7. Others

4.3. Global Plastic Recycling Market Attractiveness, by Material

5. Global Plastic Recycling Market Analysis and Forecast, by Application, 2022–2031

5.1. Introduction and Definitions

5.2. Global Plastic Recycling Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2022–2031

5.2.1. Packaging

5.2.1.1. Food Contact

5.2.1.2. Non-food Contact

5.2.2. Automotive

5.2.3. Construction

5.2.4. Textiles

5.2.5. Others

5.3. Global Plastic Recycling Market Attractiveness, by Application

6. Global Plastic Recycling Market Analysis and Forecast, by Region, 2022–2031

6.1. Key Findings

6.2. Global Plastic Recycling Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Region, 2022–2031

6.2.1. North America

6.2.2. Europe

6.2.3. Asia Pacific

6.2.4. Latin America

6.2.5. Middle East & Africa

6.3. Global Plastic Recycling Market Attractiveness, by Region

7. North America Plastic Recycling Market Analysis and Forecast, 2022–2031

7.1. Key Findings

7.2. North America Plastic Recycling Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Material, 2022–2031

7.3. North America Plastic Recycling Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2022–2031

7.4. North America Plastic Recycling Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Country, 2022–2031

7.4.1. U.S. Plastic Recycling Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Material, 2022–2031

7.4.2. U.S. Plastic Recycling Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2022–2031

7.4.3. Canada Plastic Recycling Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Material, 2022–2031

7.4.4. Canada Plastic Recycling Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2022–2031

7.5. North America Plastic Recycling Market Attractiveness Analysis

8. Europe Plastic Recycling Market Analysis and Forecast, 2022–2031

8.1. Key Findings

8.2. Europe Plastic Recycling Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Material, 2022–2031

8.3. Europe Plastic Recycling Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2022–2031

8.4. Europe Plastic Recycling Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Country and Sub-region, 2020-2031

8.4.1. Germany Plastic Recycling Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Material, 2022–2031

8.4.2. Germany Plastic Recycling Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2022–2031

8.4.3. France Plastic Recycling Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Material, 2022–2031

8.4.4. France Plastic Recycling Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2022–2031

8.4.5. U.K. Plastic Recycling Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Material, 2022–2031

8.4.6. U.K. Plastic Recycling Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2022–2031

8.4.7. Italy Plastic Recycling Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Material, 2022–2031

8.4.8. Italy Plastic Recycling Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2022–2031

8.4.9. Russia & CIS Plastic Recycling Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Material, 2022–2031

8.4.10. Russia & CIS Plastic Recycling Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2022–2031

8.4.11. Rest of Europe Plastic Recycling Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Material, 2022–2031

8.4.12. Rest of Europe Plastic Recycling Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2022–2031

8.5. Europe Plastic Recycling Market Attractiveness Analysis

9. Asia Pacific Plastic Recycling Market Analysis and Forecast, 2022–2031

9.1. Key Findings

9.2. Asia Pacific Plastic Recycling Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Material, 2020-2031

9.3. Asia Pacific Plastic Recycling Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2022–2031

9.4. Asia Pacific Plastic Recycling Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Country and Sub-region, 2020-2031

9.4.1. China Plastic Recycling Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Material, 2022–2031

9.4.2. China Plastic Recycling Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2022–2031

9.4.3. Japan Plastic Recycling Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Material, 2022–2031

9.4.4. Japan Plastic Recycling Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2022–2031

9.4.5. India Plastic Recycling Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Material, 2022–2031

9.4.6. India Plastic Recycling Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2022–2031

9.4.7. ASEAN Plastic Recycling Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Material, 2022–2031

9.4.8. ASEAN Plastic Recycling Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2022–2031

9.4.9. Rest of Asia Pacific Plastic Recycling Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Material, 2022–2031

9.4.10. Rest of Asia Pacific Plastic Recycling Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2022–2031

9.5. Asia Pacific Plastic Recycling Market Attractiveness Analysis

10. Latin America Plastic Recycling Market Analysis and Forecast, 2022–2031

10.1. Key Findings

10.2. Latin America Plastic Recycling Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Material, 2022–2031

10.3. Latin America Plastic Recycling Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2022–2031

10.4. Latin America Plastic Recycling Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Country and Sub-region, 2020-2031

10.4.1. Brazil Plastic Recycling Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Material, 2022–2031

10.4.2. Brazil Plastic Recycling Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2022–2031

10.4.3. Mexico Plastic Recycling Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Material, 2022–2031

10.4.4. Mexico Plastic Recycling Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2022–2031

10.4.5. Rest of Latin America Plastic Recycling Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Material, 2022–2031

10.4.6. Rest of Latin America Plastic Recycling Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2022–2031

10.5. Latin America Plastic Recycling Market Attractiveness Analysis

11. Middle East & Africa Plastic Recycling Market Analysis and Forecast, 2022–2031

11.1. Key Findings

11.2. Middle East & Africa Plastic Recycling Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Material, 2022–2031

11.3. Middle East & Africa Plastic Recycling Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2022–2031

11.4. Middle East & Africa Plastic Recycling Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Country and Sub-region, 2020-2031

11.4.1. GCC Plastic Recycling Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Material, 2022–2031

11.4.2. GCC Plastic Recycling Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2022–2031

11.4.3. South Africa Plastic Recycling Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Material, 2022–2031

11.4.4. South Africa Plastic Recycling Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2022–2031

11.4.5. Rest of Middle East & Africa Plastic Recycling Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Material, 2022–2031

11.4.6. Rest of Middle East & Africa Plastic Recycling Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2022–2031

11.5. Middle East & Africa Plastic Recycling Market Attractiveness Analysis

12. Global Plastic Recycling Company Market Share Analysis, 2021

12.1. Competition Matrix

12.2. Market Footprint Analysis

12.2.1. By Material

12.2.2. By Application

12.3. Company Profiles (Details – Overview, Financials, Recent Developments, and Strategy)

12.3.1. Kuusakoski

12.3.1.1. Company Description

12.3.1.2. Business Overview

12.3.1.3. Financial Details

12.3.1.4. Strategic Overview

12.3.2. Berry Global Inc.

12.3.2.1. Company Description

12.3.2.2. Business Overview

12.3.2.3. Financial Details

12.3.2.4. Strategic Overview

12.3.3. B&B Plastics Inc.

12.3.3.1. Company Description

12.3.3.2. Business Overview

12.3.3.3. Financial Details

12.3.3.4. Strategic Overview

12.3.4. Plastipak Holdings, Inc.

12.3.4.1. Company Description

12.3.4.2. Business Overview

12.3.4.3. Financial Details

12.3.4.4. Strategic Overview

12.3.5. WM Recycle America, LLC

12.3.5.1. Company Description

12.3.5.2. Business Overview

12.3.5.3. Financial Details

12.3.5.4. Strategic Overview

12.3.6. CarbonLite Industries LLC

12.3.6.1. Company Description

12.3.6.2. Business Overview

12.3.6.3. Financial Details

12.3.6.4. Strategic Overview

12.3.7. Custom Polymers, Inc.

12.3.7.1. Company Description

12.3.7.2. Business Overview

12.3.7.3. Financial Details

12.3.7.4. Strategic Overview

12.3.8. Dart Container Corporation

12.3.8.1. Company Description

12.3.8.2. Business Overview

12.3.8.3. Financial Details

12.3.8.4. Strategic Overview

12.3.9. Fresh-Pak Corporation

12.3.9.1. Company Description

12.3.9.2. Business Overview

12.3.9.3. Financial Details

12.3.9.4. Strategic Overview

12.3.10. Novolex

12.3.10.1. Company Description

12.3.10.2. Business Overview

12.3.10.3. Financial Details

12.3.10.4. Strategic Overview

12.3.11. KW Plastics

12.3.11.1. Company Description

12.3.11.2. Business Overview

12.3.11.3. Financial Details

12.3.11.4. Strategic Overview

12.3.12. MBA Polymers Inc.

12.3.12.1. Company Description

12.3.12.2. Business Overview

12.3.12.3. Financial Details

12.3.12.4. Strategic Overview

12.3.13. Wellpine Plastic Industrial Co., Ltd.

12.3.13.1. Company Description

12.3.13.2. Business Overview

12.3.13.3. Financial Details

12.3.13.4. Strategic Overview

13. Primary Research: Key Insights

14. Appendix

List of Tables

Table 01: Typical Uses of Recycled Plastics, by Material

Table 02: Typical Uses of Recycled Plastics, by Material

Table 03: Global Plastic Recycling Market Volume (Kilo Tons) Forecast, by Material, 2022–2031

Table 04: Global Plastic Recycling Market Value (US$ Mn) Forecast, by Material, 2022–2031

Table 05: Global Plastic Recycling Market Volume (Kilo Tons) Forecast, by Application, 2022–2031

Table 06: Global Plastic Recycling Market Value (US$ Mn) Forecast, by Application, 2022–2031

Table 07: Global Plastic Recycling Market Volume (Kilo Tons) Forecast, by Region, 2022–2031

Table 08: Global Plastic Recycling Market Value (US$ Mn) Forecast, by Region, 2022–2031

Table 09: North America Plastic Recycling Market Volume (Kilo Tons) Forecast, by Material, 2022–2031

Table 10: North America Plastic Recycling Market Value (US$ Mn) Forecast, by Material, 2022–2031

Table 11: North America Plastic Recycling Market Volume (Kilo Tons) Forecast, by Application, 2022–2031

Table 12: North America Plastic Recycling Market Value (US$ Mn) Forecast, by Application, 2022–2031

Table 13: North America Plastic Recycling Market Volume (Kilo Tons) Forecast, by Country, 2022–2031

Table 14: North America Plastic Recycling Market Value (US$ Mn) Forecast, by Country, 2022–2031

Table 15: U.S. Plastic Recycling Market Volume (Kilo Tons) Forecast, by Material, 2022–2031

Table 16: U.S. Plastic Recycling Market Value (US$ Mn) Forecast, by Material, 2022–2031

Table 17: U.S. Plastic Recycling Market Volume (Kilo Tons) Forecast, by Application, 2022–2031

Table 18: U.S. Plastic Recycling Market Value (US$ Mn) Forecast, by Application, 2022–2031

Table 19: Canada Plastic Recycling Market Volume (Kilo Tons) Forecast, by Material, 2022–2031

Table 20: Canada Plastic Recycling Market Value (US$ Mn) Forecast, by Material, 2022–2031

Table 21: Canada Plastic Recycling Market Volume (Kilo Tons) Forecast, by Application, 2022–2031

Table 22: Canada Plastic Recycling Market Value (US$ Mn) Forecast, by Application, 2022–2031

Table 23: Europe Plastic Recycling Market Volume (Kilo Tons) Forecast, by Material, 2022–2031

Table 24: Europe Plastic Recycling Market Value (US$ Mn) Forecast, by Material, 2022–2031

Table 25: Europe Plastic Recycling Market Volume (Kilo Tons) Forecast, by Application, 2022–2031

Table 26: Europe Plastic Recycling Market Value (US$ Mn) Forecast, by Application, 2022–2031

Table 27: Europe Plastic Recycling Market Volume (Kilo Tons) Forecast, by Country/Sub-region, 2022–2031

Table 28: Europe Plastic Recycling Market Value (US$ Mn) Forecast, by Country/Sub-region, 2022–2031

Table 29: U.K. Plastic Recycling Market Volume (Kilo Tons) Forecast, by Material, 2022–2031

Table 30: U.K. Plastic Recycling Market Value (US$ Mn) Forecast, by Material, 2022–2031

Table 31: U.K. Plastic Recycling Market Volume (Kilo Tons) Forecast, by Application, 2022–2031

Table 32: U.K. Plastic Recycling Market Value (US$ Mn) Forecast, by Application, 2022–2031

Table 33: Germany Plastic Recycling Market Volume (Kilo Tons) Forecast, by Material, 2022–2031

Table 34: Germany Plastic Recycling Market Value (US$ Mn) Forecast, by Material, 2022–2031

Table 35: Germany Plastic Recycling Market Volume (Kilo Tons) Forecast, by Application, 2022–2031

Table 36: Germany Plastic Recycling Market Value (US$ Mn) Forecast, by Application, 2022–2031

Table 37: France Plastic Recycling Market Volume (Kilo Tons) Forecast, by Material, 2022–2031

Table 38: France Plastic Recycling Market Value (US$ Mn) Forecast, by Material, 2022–2031

Table 39: France Plastic Recycling Market Volume (Kilo Tons) Forecast, by Application, 2022–2031

Table 40: France Plastic Recycling Market Value (US$ Mn) Forecast, by Application, 2022–2031

Table 41: Spain Plastic Recycling Market Volume (Kilo Tons) Forecast, by Material, 2022–2031

Table 42: Spain Plastic Recycling Market Value (US$ Mn) Forecast, by Material, 2022–2031

Table 43: Spain Plastic Recycling Market Volume (Kilo Tons) Forecast, by Application, 2022–2031

Table 44: Spain Plastic Recycling Market Value (US$ Mn) Forecast, by Application, 2022–2031

Table 45: Italy Plastic Recycling Market Volume (Kilo Tons) Forecast, by Material, 2022–2031

Table 46: Italy Plastic Recycling Market Value (US$ Mn) Forecast, by Material, 2022–2031

Table 47: Italy Plastic Recycling Market Volume (Kilo Tons) Forecast, by Application, 2022–2031

Table 48: Italy Plastic Recycling Market Value (US$ Mn) Forecast, by Application, 2022–2031

Table 49: Russia & CIS Plastic Recycling Market Volume (Kilo Tons) Forecast, by Material, 2022–2031

Table 50: Russia & CIS Plastic Recycling Market Value (US$ Mn) Forecast, by Material, 2022–2031

Table 51: Russia & CIS Plastic Recycling Market Volume (Kilo Tons) Forecast, by Application, 2022–2031

Table 52: Russia & CIS Plastic Recycling Market Value (US$ Mn) Forecast, by Application, 2022–2031

Table 53: Rest of Europe Plastic Recycling Market Volume (Kilo Tons) Forecast, by Material, 2022–2031

Table 54: Rest of Europe Plastic Recycling Market Value (US$ Mn) Forecast, by Material, 2022–2031

Table 55: Rest of Europe Plastic Recycling Market Volume (Kilo Tons) Forecast, by Application, 2022–2031

Table 56: Rest of Europe Plastic Recycling Market Value (US$ Mn) Forecast, by Application, 2022–2031

Table 57: Asia Pacific Plastic Recycling Market Volume (Kilo Tons) Forecast, by Material, 2022–2031

Table 58: Asia Pacific Plastic Recycling Market Value (US$ Mn) Forecast, by Material, 2022–2031

Table 59: Asia Pacific Plastic Recycling Market Volume (Kilo Tons) Forecast, by Application, 2022–2031

Table 60: Asia Pacific Plastic Recycling Market Value (US$ Mn) Forecast, by Application, 2022–2031

Table 61: Asia Pacific Plastic Recycling Market Volume (Kilo Tons) Forecast, by Country/Sub-region, 2022–2031

Table 62: Asia Pacific Plastic Recycling Market Value (US$ Mn)Forecast, by Country/Sub-region, 2022–2031

Table 63: China Plastic Recycling Market Volume (Kilo Tons) Forecast, by Material, 2022–2031

Table 64: China Plastic Recycling Market Value (US$ Mn) Forecast, by Material, 2022–2031

Table 65: China Plastic Recycling Market Volume (Kilo Tons) Forecast, by Application, 2022–2031

Table 66: China Plastic Recycling Market Value (US$ Mn) Forecast, by Application, 2022–2031

Table 67: India Plastic Recycling Market Volume (Kilo Tons) Forecast, by Material, 2022–2031

Table 68: India Plastic Recycling Market Value (US$ Mn) Forecast, by Material, 2022–2031

Table 69: India Plastic Recycling Market Volume (Kilo Tons) Forecast, by Application, 2022–2031

Table 70: India Plastic Recycling Market Value (US$ Mn) Forecast, by Application, 2022–2031

Table 71: Japan Plastic Recycling Market Volume (Kilo Tons) Forecast, by Material, 2022–2031

Table 72: Japan Plastic Recycling Market Value (US$ Mn) Forecast, by Material, 2022–2031

Table 73: Japan Plastic Recycling Market Volume (Kilo Tons) Forecast, by Application, 2022–2031

Table 74: Japan Plastic Recycling Market Value (US$ Mn) Forecast, by Application, 2022–2031

Table 75: ASEAN Plastic Recycling Market Volume (Kilo Tons) Forecast, by Material, 2022–2031

Table 76: ASEAN Plastic Recycling Market Value (US$ Mn) Forecast, by Material, 2022–2031

Table 77: ASEAN Plastic Recycling Market Volume (Kilo Tons) Forecast, by Application, 2022–2031

Table 78: ASEAN Plastic Recycling Market Value (US$ Mn) Forecast, by Application, 2022–2031

Table 79: Rest of Asia Pacific Plastic Recycling Market Volume (Kilo Tons) Forecast, by Material, 2022–2031

Table 80: Rest of Asia Pacific Plastic Recycling Market Value (US$ Mn) Forecast, by Material, 2022–2031

Table 81: Rest of Asia Pacific Plastic Recycling Market Volume (Kilo Tons) Forecast, by Application, 2022–2031

Table 82: Rest of Asia Pacific Plastic Recycling Market Value (US$ Mn) Forecast, by Application, 2022–2031

Table 83: Latin America Plastic Recycling Market Volume (Kilo Tons) Forecast, by Material, 2022–2031

Table 84: Latin America Plastic Recycling Market Value (US$ Mn) Forecast, by Material, 2022–2031

Table 85: Latin America Plastic Recycling Market Volume (Kilo Tons) Forecast, by Application, 2022–2031

Table 86: Latin America Plastic Recycling Market Value (US$ Mn) Forecast, by Application, 2022–2031

Table 87: Latin America Plastic Recycling Market Volume (Kilo Tons) Forecast, by Country/Sub-region, 2022–2031

Table 88: Latin America Plastic Recycling Market Value (US$ Mn) Forecast, by Country/Sub-region, 2022–2031

Table 89: Brazil Plastic Recycling Market Volume (Kilo Tons) Forecast, by Material, 2022–2031

Table 90: Brazil Plastic Recycling Market Value (US$ Mn) Forecast, by Material, 2022–2031

Table 91: Brazil Plastic Recycling Market Volume (Kilo Tons) Forecast, by Application, 2022–2031

Table 92: Brazil Plastic Recycling Market Value (US$ Mn) Forecast, by Application, 2022–2031

Table 93: Mexico Plastic Recycling Market Volume (Kilo Tons) Forecast, by Material, 2022–2031

Table 94: Mexico Plastic Recycling Market Value (US$ Mn) Forecast, by Material, 2022–2031

Table 95: Mexico Plastic Recycling Market Volume (Kilo Tons) Forecast, by Application, 2022–2031

Table 96: Mexico Plastic Recycling Market Value (US$ Mn) Forecast, by Application, 2022–2031

Table 97: Rest of Latin America Plastic Recycling Market Volume (Kilo Tons) Forecast, by Material, 2022–2031

Table 98: Rest of Latin America Plastic Recycling Market Value (US$ Mn) Forecast, by Material, 2022–2031

Table 99: Rest of Latin America Plastic Recycling Market Volume (Kilo Tons) Forecast, by Application, 2022–2031

Table 100: Rest of Latin America Plastic Recycling Market Value (US$ Mn) Forecast, by Application, 2022–2031

Table 101: Middle East & Africa Plastic Recycling Market Volume (Kilo Tons) Forecast, by Material, 2022–2031

Table 102: Middle East & Africa Plastic Recycling Market Value (US$ Mn) Forecast, by Material, 2022–2031

Table 103: Middle East & Africa Plastic Recycling Market Volume (Kilo Tons) Forecast, by Application, 2022–2031

Table 104: Middle East & Africa Plastic Recycling Market Value (US$ Mn) Forecast, by Application, 2022–2031

Table 105: Middle East & Africa Plastic Recycling Market Volume (Kilo Tons) Forecast, by Country/Sub-region,2022-2031

Table 106: Middle East & Africa Plastic Recycling Market Value (US$ Mn) Forecast, by Country, 2022–2031

Table 107: GCC Plastic Recycling Market Volume (Kilo Tons) Forecast, by Material, 2022–2031

Table 108: GCC Plastic Recycling Market Value (US$ Mn) Forecast, by Material, 2022–2031

Table 109: GCC Plastic Recycling Market Volume (Kilo Tons) Forecast, by Application, 2022–2031

Table 110: GCC Plastic Recycling Market Value (US$ Mn) Forecast, by Application, 2022–2031

Table 111: South Africa Plastic Recycling Market Volume (Kilo Tons) Forecast, by Material, 2022–2031

Table 112: South Africa Plastic Recycling Market Value (US$ Mn) Forecast, by Material, 2022–2031

Table 113: South Africa Plastic Recycling Market Volume (Kilo Tons) Forecast, by Application, 2022–2031

Table 114: South Africa Plastic Recycling Market Value (US$ Mn) Forecast, by Application, 2022–2031

Table 115: Rest of Middle East & Africa Plastic Recycling Market Volume (Kilo Tons) Forecast, by Material, 2022–2031

Table 116: Rest of Middle East & Africa Plastic Recycling Market Value (US$ Mn) Forecast, by Material, 2022–2031

Table 117: Rest of Middle East & Africa Plastic Recycling Market Volume (Kilo Tons) Forecast, by Application, 2022–2031

Table 118: Rest of Middle East & Africa Plastic Recycling Market Value (US$ Mn) Forecast, by Application, 2022–2031

List of Figures

Figure 01: Global Plastic Recycling Market Volume Share Analysis, by Material, 2022 and 2031

Figure 02: Global Plastic Recycling Market Value (US$ Mn) and Volume (Kilo Tons), by PET, 2022–2031

Figure 03: Global Plastic Recycling Market Value (US$ Mn) and Volume (Kilo Tons), by PP, 2022–2031

Figure 04: Global Plastic Recycling Market Value (US$ Mn) and Volume (Kilo Tons), by HDPE, 2022–2031

Figure 05: Global Plastic Recycling Market Value (US$ Mn) and Volume (Kilo Tons), by LDPE, 2022–2031

Figure 06: Global Plastic Recycling Market Value (US$ Mn) and Volume (Kilo Tons), by PS, 2022–2031

Figure 07: Global Plastic Recycling Market Value (US$ Mn) and Volume (Kilo Tons), by PVC, 2022–2031

Figure 08: Global Plastic Recycling Market Value (US$ Mn) and Volume (Kilo Tons), by Others, 2022–2031

Figure 09: Global Plastic Recycling Market Attractiveness Analysis, by Material

Figure 10: Global Plastic Recycling Market Volume Share Analysis, by Application, 2022 and 2031

Figure 11: Global Plastic Recycling Market, by Packaging, 2022–2031

Figure 12: Global Plastic Recycling Market, by Automotive, 2022–2031

Figure 13: Global Plastic Recycling Market, by Construction, 2022–2031

Figure 14: Global Plastic Recycling Market, Textiles, 2022–2031

Figure 15: Global Plastic Recycling Market, by Others, 2022–2031

Figure 16: Global Plastic Recycling Market Attractiveness Analysis, by Application, 2022–2031

Figure 17: Global Plastic Recycling Market Volume Share Analysis, by Region, 2022 and 2031

Figure 18: Global Plastic Recycling Market Attractiveness Analysis, by Region

Figure 19: North America Plastic Recycling Market Value (US$ Mn) and Volume (Kilo Tons) Forecast, 2022–2031

Figure 20: North America Plastic Recycling Market Attractiveness, by Country

Figure 21: North America Market Volume Share Analysis, by Material, 2022 and 2031

Figure 22: North America Market Volume Share Analysis, by Application, 2022 and 2031

Figure 23: North America Market Volume Share Analysis, by Country, 2022 and 2031

Figure 24: North America Plastic Recycling Market Attractiveness Analysis, by Material, 2022–2031

Figure 25: North America Plastic Recycling Market Attractiveness Analysis, by Application, 2022–2031

Figure 26: Europe Plastic Recycling Market Value (US$ Mn) and Volume (Kilo Tons) Forecast, 2022–2031

Figure 27: Europe Plastic Recycling Market Attractiveness, by Country

Figure 28: Europe Market Volume Share Analysis, by Material, 2022 and 2031

Figure 29: Europe Market Volume Share Analysis, by Application, 2022 and 2031

Figure 30: Europe Market Volume Share Analysis, by Country/Sub-region, 2022 and 2031

Figure 31: North America Plastic Recycling Market Attractiveness Analysis, by Material, 2022–2031

Figure 32: North America Plastic Recycling Market Attractiveness Analysis, by Application, 2022–2031

Figure 33: Asia Pacific Plastic Recycling Market Value (US$ Mn) and Volume (Kilo Tons) Forecast, 2022–2031

Figure 34: Asia Pacific Plastic Recycling Market Attractiveness, by Country/Sub-region

Figure 35: Asia Pacific Market Volume Share Analysis, by Material, 2022 and 2031

Figure 36: Asia Pacific Market Volume Share Analysis, by Application, 2022 and 2031

Figure 37: Asia Pacific Plastic Recycling Market Volume Share Analysis, by Country/Sub-region, 2022 and 2031

Figure 38: Asia Pacific Plastic Recycling Market Attractiveness Analysis, by Material, 2022

Figure 39: Asia Pacific Plastic Recycling Market Attractiveness Analysis, by Application, 2022

Figure 40: Latin America Plastic Recycling Market Value (US$ Mn) and Volume (Kilo Tons) Forecast, 2022–2031

Figure 41: Latin America Plastic Recycling Market Attractiveness, by Country

Figure 42: Latin America Market Volume Share Analysis, by Material, 2022 and 2031

Figure 43: Latin America Plastic Recycling Market Volume Share Analysis, by Application, 2022 and 2031

Figure 44: Latin America Market Volume Share Analysis, by Country/Sub-region, 2016 and 2031

Figure 45: Latin America Plastic Recycling Market Attractiveness Analysis, by Material, 2022

Figure 46: Latin America Plastic Recycling Market Attractiveness Analysis, by Application, 2022

Figure 47: Middle East & Africa Plastic Recycling Market Value (US$ Mn) and Volume (Kilo Tons) Forecast, 2022–2031

Figure 48: Middle East & Africa Plastic Recycling Market Attractiveness, by Country/ Sub-region

Figure 49: Middle East & Africa Market Volume Share Analysis, by Material, 2022 and 2031

Figure 50: Middle East & Africa Market Volume Share Analysis, by Application, 2022 and 2031

Figure 51: Middle East & Africa Plastic Recycling Market Volume Share Analysis, by Country, 2022 and 2031

Figure 52: Middle East & Africa Plastic Recycling Market Attractiveness Analysis, by Material, 2022

Figure 53: Middle East & Africa Plastic Recycling Market Attractiveness Analysis, by Application, 2022

Figure 54: Global Plastic Recycling Market Share Analysis By Company (2022)

Rep Id : TMRGL9049
November 2022
254 Pages
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Plastic Recycling Market

Plastic Recycling Market (Material: PET, PP, HDPE, LDPE, PS, PVC, and Others; and Application: Packaging, Automotive, Construction, Textiles, and Others) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2022-2031

Plastic Recycling Market Outlook 2031

Plastic Recycling Market Introduction

Implementation of Restrictions on Landfills Fueling Global Plastic Recycling Market

Rise in Awareness about Environmental Protection

Economic Benefits of Plastic Recycling

Surge in Demand for HDPE in Packaging and Residential Applications

Extensive Use of Recycled Plastic in Packaging Sector

Regional Outlook of Global Plastic Recycling Market

Analysis of Key Players in Global Plastic Recycling Market

Key Developments in Global Plastic Recycling Market

Global Plastic Recycling Market Snapshot

Frequently Asked Questions

How big was the plastic recycling market in 2021?

How is the market expected to grow by 2031?

What are the key drivers of the plastic recycling market?

Which was the largest segment in the plastic recycling market in 2021?

Which region was the most lucrative in the plastic recycling market in 2021?

Who are the prominent players in the plastic recycling market?