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Plastics Recycling: Global Markets

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    Report

  • 121 Pages
  • June 2024
  • Region: Global
  • BCC Research
  • ID: 5143010
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 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.
List of Tables
Summary Table: Global Market for Plastic Recycling, by Region, Through 2029
Table 1: Concerns Over Waste Management and Hazardous Additives in the Waste Stream
Table 2: Global Market for Plastic Recycling, by Type, Through 2029
Table 3: Global Market for PET Plastic Recycling, by Region, Through 2029q
Table 4: Global Market for HDPE Plastic Recycling, by Region, Through 2029
Table 5: Global Market for LDPE and LLDPE Plastic Recycling, by Region, Through 2029
Table 6: Global Market for PP Plastic Recycling, by Region, Through 2029
Table 7: Global Market for Other Types of Plastic Recycling, by Region, Through 2029
Table 8: Global Market for Plastic Recycling, by Technology, Through 2029
Table 9: Global Market for Mechanical Plastic Recycling, by Region, Through 2029
Table 10: Global Market for Chemical Plastic Recycling, by Region, Through 2029
Table 11: Global Market for Plastic Recycling, by End-Use Industry, Through 2029
Table 12: Global Market for Plastic Recycling in Packaging, by Region, Through 2029
Table 13: Global Market for Plastic Recycling in Construction, by Region, Through 2029
Table 14: Global Market for Plastic Recycling in Transportation, by Region, Through 2029
Table 15: Global Market for Plastic Recycling in Other End-Use Industries, by Region, Through 2029
Table 16: Global Market for Plastic Recycling, by Region, Through 2029
Table 17: Asia-Pacific Market for Plastic Recycling, by Country, Through 2029
Table 18: Asia-Pacific Market for Plastic Recycling, by Type, Through 2029
Table 19: Asia-Pacific Market for Plastic Recycling, by End-Use Industry, Through 2029
Table 20: Asia-Pacific Market for Plastic Recycling, by Technology, Through 2029
Table 21: Chinese Market for Plastic Recycling, by Type, Through 2029
Table 22: Chinese Market for Plastic Recycling, by End-Use Industry, Through 2029
Table 23: Chinese Market for Plastic Recycling, by Technology, Through 2029
Table 24: Indian Market for Plastic Recycling, by Type, Through 2029
Table 25: Indian Market for Plastic Recycling, by End-Use Industry, Through 2029
Table 26: Indian Market for Plastic Recycling, by Technology, Through 2029
Table 27: Rest of Asia-Pacific Market for Plastic Recycling, by Type, Through 2029
Table 28: Rest of APAC Market for Plastic Recycling, by End-Use Industry, Through 2029
Table 29: Rest of APAC Market for Plastic Recycling, by Technology, Through 2029
Table 30: European Market for Plastic Recycling, by Country, Through 2029
Table 31: European Market for Plastic Recycling, by Type, Through 2029
Table 32: European Market for Plastic Recycling, by End-Use Industry, Through 2029
Table 33: European Market for Plastic Recycling, by Technology, Through 2029
Table 34: German Market for Plastic Recycling, by Type, Through 2029
Table 35: German Market for Plastic Recycling, by End-Use Industry, Through 2029
Table 36: German Market for Plastic Recycling, by Technology, Through 2029
Table 37: French Market for Plastic Recycling, by Type, Through 2029
Table 38: French Market for Plastic Recycling, by End-Use Industry , Through 2029
Table 39: French Market for Plastic Recycling, by Technology, Through 2029
Table 40: Rest of the European Market for Plastic Recycling, by Type, Through 2029
Table 41: Rest of the European Market for Plastic Recycling, by End-Use Industry, Through 2029
Table 42: Rest of the European Market for Plastic Recycling, by Technology, Through 2029
Table 43: North American Market for Plastic Recycling, by Country, Through 2029
Table 44: North American Market for Plastic Recycling, by Type, Through 2029
Table 45: North American Market for Plastic Recycling, by End-Use Industry, Through 2029
Table 46: North American Market for Plastic Recycling, by Technology, Through 2029
Table 47: The U.S. Market for Plastic Recycling, by Type, Through 2029
Table 48: The U.S. Market for Plastic Recycling, by End-Use Industry, Through 2029
Table 49: The U.S. Market for Plastic Recycling, by Technology, Through 2029
Table 50: Canadian Market for Plastic Recycling, by Type, Through 2029
Table 51: Canadian Market for Plastic Recycling, by End-Use Industry, Through 2029
Table 52: Canadian Market for Plastic Recycling, by Technology, Through 2029
Table 53: Mexican Market for Plastic Recycling, by Type, Through 2029
Table 54: Mexican Market for Plastic Recycling, by End-Use Industry, Through 2029
Table 55: Mexican Market for Plastic Recycling, by Technology, Through 2029
Table 56: RoW Market for Plastic Recycling, by Country, Through 2029
Table 57: RoW Market for Plastic Recycling, by Type, Through 2029
Table 58: RoW Market for Plastic Recycling, by End-Use Industry, Through 2029
Table 59: RoW Market for Plastic Recycling, by Technology, Through 2029
Table 60: Brazilian Market for Plastic Recycling, by Type, Through 2029
Table 61: Brazilian Market for Plastic Recycling, by End-Use Industry, Through 2029
Table 62: Brazilian Market for Plastic Recycling, by Technology, Through 2029
Table 63: Other RoW Countries’ Market for Plastic Recycling, by Type, Through 2029
Table 64: Other RoW Countries’ Market for Plastic Recycling, by End-Use Industry, Through 2029
Table 65: Other RoW Countries’ Market for Plastic Recycling, by Technology, Through 2029
Table 66: Leading Global Plastics Recycling Companies’ Annual Capacity Production, 2023
Table 67: Recent Strategic Initiatives in Global Plastic Recycling Market, 2022-2024
Table 68: Waste Management Categories for Countries
Table 69: ESG Metrics: Plastic Recycling Market
Table 70: Environmental Issues in the Plastic Recycling Industry
Table 71: Social Issues in the Plastic Recycling Industry
Table 72: Governance Issues in the Plastic Recycling Industry
Table 73: ESG Risk Ratings
Table 74: Abbreviations Used in this Report
Table 75: Berry Global Inc.: Company Snapshot
Table 76: Berry Global Inc.: Financial Performance, FY 2022 and 2023
Table 77: Berry Global Inc.: Product Portfolio
Table 78: Berry Global Inc.: News/Key Developments, 2023
Table 79: Custom Polymers: Company Snapshot
Table 80: Custom Polymers: Product Portfolio
Table 81: Indorama Ventures Public Co. Ltd.: Company Snapshot
Table 82: Indorama Ventures Public Co. Ltd.: Financial Performance, FY 2022 and 2023
Table 83: Indorama Ventures Public Co. Ltd.: Product Portfolio
Table 84: Indorama Ventures Public Co. Ltd.: News/Key Developments, 2023
Table 85: Loop Industries Inc.: Company Snapshot
Table 86: Loop Industries Inc.: Financial Performance, FY 2022 and 2023
Table 87: Loop Industries Inc: Product Portfolio
Table 88: Loop Industries Inc.: News/Key Developments, 2023
Table 89: MBA Polymers Inc.: Company Snapshot
Table 90: MBA Polymers Inc.: Product Portfolio
Table 91: Plastipak Holdings Inc.: Company Snapshot
Table 92: Plastipak Holdings Inc.: Product Portfolio
Table 93: Plastipak Holdings Inc.: News/Key Developments, 2023
Table 94: Revalyu Resources GmbH: Company Snapshot
Table 95: Revalyu Resources GmbH: Product Portfolio
Table 96: Revalyu Resources GmbH: News/Key Developments, 2023
Table 97: The Shakti Plastic Industries: Company Snapshot
Table 98: The Shakti Plastic Industries: Product Portfolio
Table 99: Vanden Global Ltd.: Company Snapshot
Table 100: Vanden Global Ltd.: Product Portfolio
Table 101: Veolia Environnement S.A.: Company Snapshot
Table 102: Veolia Environnement S.A.: Financial Performance, FY 2022 and 2023
Table 103: Veolia Environnement S.A.: Product Portfolio
Table 104: Veolia Environnement S.A.: News/Key Developments, 2023
List of Figures
Summary Figure: Global Market Shares of Plastic Recycling, by Region, 2023
Figure 1: Plastics Lifecycle and Its Impact
Figure 2: PESTLE Analysis: Plastic Recycling Market
Figure 3: Plastic Recycling Supply Chain
Figure 4: Market Dynamics in Plastic Recycling
Figure 5: Private Investments in the Asia-Pacific Plastics Circularity Sector, 2021-2023
Figure 6: Global Market Shares of Plastic Recycling, by Type, 2023
Figure 7: Global Market Shares of PET Plastic Recycling, by Region, 2023
Figure 8: Global Market Shares of HDPE Plastic Recycling, by Region, 2023
Figure 9: Global Market Shares of LDPE and LLDPE Plastic Recycling, by Region, 2023
Figure 10: Global Market Shares of PP Plastic Recycling, by Region, 2023
Figure 11: Global Market Shares of Other Types of Plastic Recycling, by Region, 2023
Figure 12: Global Market Shares of Plastic Recycling, by Technology, 2023
Figure 13: Global Market Shares of Mechanical Plastic Recycling, by Region, 2023
Figure 14: Global Market Shares of Chemical Plastic Recycling, by Region, 2023
Figure 15: Global Market Shares of Plastic Recycling, by End-Use Industry, 2023
Figure 16: Global Market Shares of Plastic Recycling in Packaging, by Region, 2023
Figure 17: Global Market Shares of Plastic Recycling in Construction, by Region, 2023
Figure 18: Global Market Shares of Plastic Recycling in Transportation, by Region, 2023
Figure 19: Global Market Shares of Plastic Recycling in Other End-Use Industries, by Region, 2023
Figure 20: Global Market Shares of Plastic Recycling, by Region, 2023
Figure 21: Asia-Pacific Market Shares of Plastic Recycling, by Country, 2023
Figure 22: Asia-Pacific Market Shares of Plastic Recycling, by Type, 2023
Figure 23: Asia-Pacific Market Shares of Plastic Recycling, by End-Use Industry, 2023
Figure 24: Asia-Pacific Market Shares of Plastic Recycling, by Technology, 2023
Figure 25: Chinese Market Shares of Plastic Recycling, by Type, 2023
Figure 26: Chinese Market Shares of Plastic Recycling, by End-Use Industry, 2023
Figure 27: Chinese Market Shares of Plastic Recycling, by Technology, 2023
Figure 28: Indian Market Shares of Plastic Recycling, by Type, 2023
Figure 29: Indian Market Shares of Plastic Recycling, by End-Use Industry, 2023
Figure 30: Indian Market Shares of Plastic Recycling, by Technology, 2023
Figure 31: Rest of Asia-Pacific Market Shares of Plastic Recycling, by Type, 2023
Figure 32: Rest of Asia-Pacific Market Shares of Plastic Recycling, by End-Use Industry, 2023
Figure 33: Rest of Asia-Pacific Market Shares of Plastic Recycling, by Technology, 2023
Figure 34: European Market Shares of Plastic Recycling, by Country, 2023
Figure 35: European Market Shares of Plastic Recycling, by Type, 2023
Figure 36: European Market Shares of Plastic Recycling, by End-Use Industry, 2023
Figure 37: European Market Shares of Plastic Recycling, by Technology, 2023
Figure 38: German Market Shares of Plastic Recycling, by Type, 2023
Figure 39: German Market Shares of Plastic Recycling, by End-Use, 2023
Figure 40: German Market Shares of Plastic Recycling, by Technology, 2023
Figure 41: French Market Shares of Plastic Recycling, by Type, 2023
Figure 42: French Market Shares of Plastic Recycling, by End-Use Industry, 2023
Figure 43: French Market Shares of Plastic Recycling, by Technology, 2023
Figure 44: Rest of the European Market Shares of Plastic Recycling, by Type, 2023
Figure 45: Rest of the European Market Shares of Plastic Recycling, by End-Use Industry, 2023
Figure 46: Rest of the European Market Shares of Plastic Recycling, by Technology, 2023
Figure 47: North American Market Shares of Plastic Recycling, by Country, 2023
Figure 48: North American Market Shares of Plastic Recycling, by Type, 2023
Figure 49: North American Market Shares of Plastic Recycling, by End-Use Industry, 2023
Figure 50: North American Market Shares of Plastic Recycling, by Technology, 2023
Figure 51: The U.S. Market Shares of Plastic Recycling, by Type, 2023
Figure 52: The U.S. Market Shares of Plastic Recycling, by End-Use Industry, 2023
Figure 53: The U.S. Market Shares of Plastic Recycling, by Technology, 2023
Figure 54: Canadian Market Shares of Plastic Recycling, by Type, 2023
Figure 55: Canadian Market Shares of Plastic Recycling, by End-Use Industry, 2023
Figure 56: Canadian Market Shares of Plastic Recycling, by Technology, 2023
Figure 57: Mexican Market Shares of Plastic Recycling, by Type, 2023
Figure 58: Mexican Market Shares of Plastic Recycling, by End-Use Industry, 2023
Figure 59: Mexican Market Shares of Plastic Recycling, by Technology, 2023
Figure 60: RoW Market Shares of Plastic Recycling, by Country, 2023
Figure 61: RoW Market Shares of Plastic Recycling, by Type, 2023
Figure 62: RoW Market Shares of Plastic Recycling, by End-Use Industry, 2023
Figure 63: RoW Market Shares of Plastic Recycling, by Technology, 2023
Figure 64: Brazilian Market Shares of Plastic Recycling, by Type, 2023
Figure 65: Brazilian Market Shares of Plastic Recycling, by End-Use Industry, 2023
Figure 66: Brazilian Market Shares of Plastic Recycling, by Technology, 2023
Figure 67: Other RoW Countries’ Market Shares of Plastic Recycling, by Type, 2023
Figure 68: Other RoW Countries’ Market Shares of Plastic Recycling, by End-Use Industry, 2023
Figure 69: Other RoW Countries’ Market Shares of Plastic Recycling, by Technology, 2023
Figure 70: ESG Issues in the Global Plastic Recycling Industry
Figure 71: Berry Global Inc.: Revenue Share, by Business Unit, FY 2023
Figure 72: Berry Global Inc.: Revenue Share, by Country/Region, FY 2023
Figure 73: Indorama Ventures Public Co. Ltd.: Revenue Share, by Business Unit, FY 2023
Figure 74: Veolia Environnement S.A.: Revenue Share, by Business Unit, FY 2023
Figure 75: Veolia Environnement S.A.: Revenue Share, by Country/Region, FY 2023

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Companies Mentioned

  • 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.