Report Description

Global Plastic Recycling Market, By Type (Polyethylene Terephthalate, Polyethylene, Polypropylene, Polyvinyl Chloride, Polystyrene and Others), By Source (Bottles, Films, Fibers, Foams and Others), By End-Use Industries (Packaging, Building & Construction, Textile, Automotive, Electrical & Electronics and Others), By Company and By Geography, Forecast & Opportunities, 2023

  • Publish Date: NA
  • Format : PDF
  • Pages : 110
  • Industry : Chemicals

Global Plastic Recycling Market is projected to cross USD 50.0 Billion by 2023, growing at a CAGR of over 5.0% during the forecast period. Rising awareness about the pollution caused by plastics and the energy saving benefits in the manufacturing of recycled plastics over virgin plastics are the major growth drivers of the global market for plastic recycling. In terms of type, the plastic recycling market is categorized into Polyethylene Terephthalate (PET), Polyethylene (PE), Polypropylene (PP), Polyvinyl Chloride (PVC), Polystyrene (PS) and others. Owing to the easy and cost-efficient recycling process of polyethylene terephthalate plastics, the polyethylene terephthalate category accounted for a majority of the share among all the types of plastics in 2017. In terms of source, the plastic recycling industry is categorized into Bottles, Films, Fibers, Foams and others. Among all the sources, bottles held the largest share in the market for plastic recycling in 2017. In terms of end-use industry, the plastic recycling industry is categorized into Packaging, Building & Construction, Textile, Automotive, Electrical & Electronics and others. The packaging industry was the largest among all the end-use industries in the global market for plastic recycling. Taking into an account of geographical landscape, in terms of value and volume, the market for plastic recycling was the largest in the Asia-Pacific region in 2017. The growth of the Asia-Pacific region is majorly attributable to the increasing usage of cheaper substitutes of virgin plastics in the form of recycled plastics in the en-use industries. Some of the major players operating in the plastic recycling market are Joe's Plastics Inc., RJM International Inc., Ultra Poly Corporation among others.

Years considered for this report:

Historical Years: 2013-2016

Base Year: 2017

Estimated Year: 2018

Forecast Period: 2019–2023

Objective of the Study:

  • To analyse and forecast the market size of Plastic Recycling Market, in terms of value and volume.
  • To classify and forecast Global Plastic Recycling Market based on type, source, end-use industries and regional distribution.
  • To identify drivers and challenges for Global Plastic Recycling Market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions etc. in Global Plastic Recycling Market.
  • To identify and analyse the profile of leading players involved in the Global Plastic Recycling Market.

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Some of the leading players in the Global Plastic Recycling Market are MBA Polymers Inc., Joe's Plastics Inc., RJM International Inc., Ultra Poly Corporation, Asia Plastic Recycling Holding Limited, Imerys S.A., Envision Plastics, PLASgran Ltd., K K Asia (HK) Ltd., UNM International Limited etc.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the suppliers which could not be identified due to the limitations of secondary research. TechSci Research analysed the service offerings, distribution channels and presence of all major collaboration manufacturers across the globe.

TechSci Research calculated the market size of Global Plastic Recycling Market using a bottom-up approach, where data for various end user industries and its application across various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and End-Use Industries for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.

Key Target Audience:

  • Regional manufacturers’ associations
  • Plastics scraps suppliers
  • Traders, distributors and suppliers of recycled plastics
  • Industry associations and experts
  • Research organizations and consulting companies.
  • Market research firm.

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration manufacturer and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, Global Plastic Recycling Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Market, By Type:
    • Polyethylene Terephthalate
    • Polyethylene
    • Polypropylene
    • Polyvinyl Chloride
    • Polystyrene
    • Others
  • Market, By Source:
    • Bottles
    • Films
    • Fibers
    • Foams
    • Others
  • Market, By End-Use Industry:
    • Packaging
    • Building & Construction
    • Textile
    • Automotive
    • Electrical & Electronics

o    Others

·         Market, by Region:

    • Asia Pacific
      • China
      • India 
      • Japan
      • South Korea
      • Australia
      • Singapore
      • Malaysia
    • Europe
      • France
      • Germany
      • United Kingdom
      • Italy
      • Spain
    • North America
      • United States
      • Mexico
      • Canada
    • South America
      • Brazil
      • Argentina
      • Colombia
    • Middle East and Africa
      • South Africa
      • Saudi Arabia
      • UAE
      • Qatar

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Plastic Recycling Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according the company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

  • Profit margin analysis in case of direct and indirect sales channel.

In case you don’t find what you are looking for, please get in touch with our custom research team at

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