The Plastic Recycling Market size was valued at USD 57.37 Billion in 2024 and the total Plastic Recycling revenue is expected to grow at a CAGR of 6.5% from 2025 to 2032, reaching nearly USD 94.95 Billion.
Plastic Recycling Market Overview:
Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the “Plastic Recycling Market”. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The analysis in the report provides an in-depth aspect at the current status of the Plastic Recycling Market.
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Plastic Recycling Market Scope and Methodology:
The Plastic Recycling Market requires a mix of both qualitative and quantitative research methods. Plastic Recycling Market information is gathered through different research methods including expert advice, primary and secondary research, both qualitative and quantitative. Primary research gathers important data from interviews, surveys, questionnaires, and input from industry experts, customers and other sources either in person or over the phone.
The report provides in-depth analysis on different strategies used by leading companies, such as partnerships, mergers, acquisitions, and collaborations. The report conducted a SWOT analysis to evaluate the company's market position through identifying its strengths, weaknesses, opportunities, and threats. Analytical techniques, such as examining investment returns, conducting a feasibility study, and using Porter's five forces analysis, were employed to assess the Plastic Recycling market. The bottom-up approach was used to determine the global and regional Plastic Recycling market sizes.
Plastic Recycling Market Regional Insights:
The Plastic Recycling Market report is segmented into various key countries. Countries such as North America (United States, Canada, Mexico), Europe (United Kingdom, Germany, France, Spain, Italy, Rest of Europe), Asia Pacific (China, India, Japan, Australia, South Korea, ASEAN countries, other APAC countries), South America (Brazil), and the Middle East and Africa.
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Plastic Recycling Market Segmentation:
by Source
Plastic Bottles
Plastic Films
Synthetic Fibers
Rigid Plastics & Foams
Others
by Type
Polyethylene Terephthalate (PET)
Polyethylene (PE) – LPDE & HDPE
Polypropylene (PP)
Polyvinyl Chloride (PVC)
Polystyrene (PS)
Polyamide (PA)
Others
by Recycling Method
Thermal decomposition
Heat compression
Distributed recycling
Pyrolysis
Others
by End-Use
Packaging
Building & Construction
Textiles
Automotive
Electrical & Electronics
Others
Plastic Recycling Market Key Players:
1. MBA Polymers Inc.
2. MOL Group
3. Plasgran Ltd.
4. Novolex
5. Phoenix Technologies International LLC
6. Vikoz Enterprises, Inc.
7. Plastic Recycling, Inc.
8. Terracycle US, Inc.
9. KW Plastics
10.DS Smith PLC
11.PETCO
12.Waste Connections, Inc.
13.Custom Polymers, Inc.
14.Envision Plastics
15.Kuusakoski Group Oy
16.Clear Path Recycling
17.Clean Tech Incorporated
18.Mohawk Industries Incorporated
19.CarbonLite Industries
20.Envision Plastics Industries
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Key questions answered in the Plastic Recycling Market are:
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