Saudi Arabia Plastic Recycling Market to Grow with a CAGR of 4.10% through 2030

Surge in research and development activities is expected to drive the Saudi Arabia Plastic Recycling Market growth in the forecast period, 2026-2030.

According to TechSci Research report, “Saudi Arabia Plastic Recycling Market - By Region and Competition, Forecast & Opportunities, 2030F”, the Saudi Arabia Plastic Recycling Market stood at USD 245.36 Million in 2024 and is anticipated to grow with a CAGR of 4.10% through 2030. Initiatives taken by government based on plastic recycling has led to favorable market conditions for the Saudi Arabia Plastic Recycling Market. Several factors contribute to the growth of various plastic recycling products.

One of the most significant steps taken by the Saudi government is the introduction of national policies and regulations targeting plastic waste management. The government has set ambitious targets for waste diversion, including reducing single-use plastics and increasing recycling rates. A key element of this policy framework is the establishment of a comprehensive waste segregation system to ensure that plastic waste is appropriately categorized and directed to recycling facilities. This is complemented by the development of regulations that encourage both consumers and businesses to adopt sustainable waste management practices.

R&D activities in Saudi Arabia are centered on several key areas within the plastic recycling sector. One of the most notable trends is the development of chemical recycling technologies, which aim to break down plastic waste into its chemical components, allowing for higher-quality recycled plastics. This technology has the potential to recycle a broader range of plastics, including those that are difficult to process through traditional mechanical recycling methods. The advancement of such technologies will significantly enhance the quality and quantity of recycled materials available for industrial use, particularly in high-demand sectors like packaging, automotive, and construction.

Browse over XX market data Figures spread through XX Pages and an in-depth TOC on "Saudi Arabia Plastic Recycling Market”

The Saudi Arabia Plastic Recycling Market is segmented into type, end user, regional distribution, and company.

Based on Type, Polystyrene have emerged as the dominating segment in the Saudi Arabia Plastic Recycling Market in 2024. One of the primary reasons for polystyrene's dominance in the Saudi Arabian recycling market is the heightened emphasis on reducing plastic waste and promoting circular economy practices, in line with the country's Vision 2030 sustainability goals. The Saudi government has implemented stricter regulations aimed at reducing plastic pollution, encouraging both businesses and consumers to embrace recycling initiatives. As a result, polystyrene has become a critical focus area due to its environmental impact and the growing need to manage its waste more effectively.

Based on Region, Western have emerged as the fastest growing region in the Saudi Arabia Plastic Recycling Market in 2024. The Western region, including major cities like Jeddah and Makkah, benefits from its proximity to key ports, such as the Port of Jeddah, which is one of the largest and busiest in the country. This location facilitates the import and export of recycled plastic materials, enhancing the region’s ability to participate in global recycling supply chains and market demand for sustainable products.

Major companies operating in Saudi Arabia Plastic Recycling Market are:

• Saudi Top Plastic Factory (STP)
• Recycling Industries
• Arabian Ladinah for Industrials Co., Ltd
• Waste Collection & Recycling Co. Ltd (WACSO)
• Saudi Investment Recycling Company (SIRC)

Download Free Sample Report

Customers can also request for 10% free customization on this report

“One of the primary challenges in plastic recycling is the separation of different types of plastics, especially those that are chemically similar or contaminated. Nanotechnology is being explored to develop advanced sensors and nanomaterials that can improve the sorting and identification of plastics at a molecular level. This technology enables more precise and efficient sorting, reducing contamination and ensuring higher-quality recycled plastics”, said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

“Saudi Arabia Plastic Recycling Market By Type (Polyethylene, Polyethylene Terephthalate, Polypropylene, Polyvinyl Chloride, Polystyrene, Others), By End User (Packaging, Building & Construction, Textile, Electrical & Electronics, Automotive, Others), By Region, Competition, Forecast & Opportunities, 2020-2030F”, has evaluated the future growth potential of Saudi Arabia Plastic Recycling Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Saudi Arabia Plastic Recycling Market.

Contact

TechSci Research LLC

420 Lexington Avenue, Suite 300,

New York, United States- 10170

Tel: +1-332-258-6602

Email: [email protected]

Website: www.techsciresearch.com