Global Microplastic Recycling Market, By Product (Primary, Secondary), By End Use Industry (Packaging, Agriculture, Consumer goods, Textile, Automotive & Transportation, Building & Construction, Others), By Geography (North America, Europe, Asia Pacific,

Global Microplastic Recycling Market, By Product (Primary, Secondary), By End Use Industry (Packaging, Agriculture, Consumer goods, Textile, Automotive & Transportation, Building & Construction, Others), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)


Global microplastic recycling Market size is expected to reach US$ 439 Million by 2031, from US$ 276.6 Million in 2024, exhibiting a compound annual growth rate (CAGR) of 6.8% during the forecast period.

Figure 1. Global Microplastic Recycling Market Share (%), By Region, 2024

Micro plastics are tiny plastic fragments less than 5mm in length that are polluting oceans and waterways. They enter the environment from various sources such as cosmetics, clothing, and plastic waste. Micro plastic recycling aims to divert these micro plastics from landfills and natural water bodies by collecting and reprocessing them. This helps reduce plastic pollution and supports the development of a circular economy. Micro plastics are particles which are less than 5mm in size, enter the environment, through various sources including clothing, personal care products, and fragmentation of larger plastics. These have been detected in terrestrial, marine, and aquatic ecosystems across the world having detrimental environmental and health impacts. Growing awareness about plastic pollution and its adverse effects has significantly driven the demand for effective micro plastic recycling solutions. Recent advances in recycling technologies are enabling separation and recovery of micro plastics from complex waste streams in an efficient and economical manner. Recent research has estimated that around 500,000 tons of micro plastics flow into the oceans annually. Several countries and regions have implemented regulations to curb plastic waste and promote recycling. This is expected to drive greater collection and recycling of micro plastics going forward.

Market Dynamics:

Global micro plastic recycling market is driven by the growing awareness about plastic pollution and stringent environmental regulations regarding plastic waste management. The ban on micro beads in personal care products in various countries contributed significantly to the market growth. However, high costs that are associated with separate collection and processing of micro plastics acts as a major restraint. Developments in sorting and filtering technologies offer opportunities to reduce recycling costs and improve recovery rates. Partnerships between recycling firms and brands/manufacturers also help increase supply of recyclables. The market is expected to gain traction with support from regulatory push on corporate responsibility for post-consumer plastics.

Key features of the study:

- This report provides in-depth analysis of the global micro plastic recycling market, and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2024–2031), considering 2023 as the base year

- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market

- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players

- It profiles key players in the global micro plastic recycling market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies

- Key companies covered as a part of this study include Polygonesystems, PlanetCare, ECOFARIO, Ocean Diagnostics, Oceanworks, Matter, Carbios, Purecycle technologies, Ioniqa, Calyxia.

- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics

- Global micro plastic recycling market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

Micro plastic Recycling Market Segmentation:
  • Micro plastic Recycling Market, By Product
  • Primary
  • Secondary
  • Micro plastic Recycling Market, By End Use Industry
  • Packaging
  • Agriculture
  • Consumer goods
  • Textile
  • Automotive & Transportation
  • Building & Construction
  • Others
  • Micro plastic Recycling Market, By Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
  • Top Companies in the Global Micro plastic Recycling Market:
  • Polygonesystems
  • PlanetCare
  • ECOFARIO
  • Ocean Diagnostics
  • Oceanworks
  • Matter
  • Carbios
  • Purecycle technologies
  • Ioniqa


1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Micro plastic Recycling Market, By Product
Micro plastic Recycling Market, By End use Industry
Micro plastic Recycling Market, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Growing awareness about environmental impact of plastic pollution
Opportunities from banned and phased-out single-use plastic products.
Restraints
Collection and transportation challenges
Difficulty in effective sorting of micro plastics
Opportunities
Growth in research & development (RD) activities
Partnerships with key industries to develop viable business models
Key Highlights
Regulatory Scenario
Recent Trends
Product Launches/Approvals
PEST Analysis
PORTER’s Analysis
Mergers, Acquisitions, and Collaborations
4. Global Micro plastic Recycling Market - Impact of Coronavirus (COVID-19) Pandemic
COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact
5. Global Micro plastic Recycling Market, By Product, 2019-2031, (US$ Million)
Introduction
Market Share Analysis, 2024 and 2031 (%)
Y-o-Y Growth Analysis, 2020 - 2031
Segment Trends
Primary
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031,(US$ Million)
Secondary
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031,(US$ Million)
6. Global Micro plastic Recycling Market, By End Use Industry, 2019-2031, (US$ Million)
Introduction
Market Share Analysis, 2024 and 2031 (%)
Y-o-Y Growth Analysis, 2020 - 2031
Segment Trends
Packaging
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031,(US$ Million)
Agriculture
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031,(US$ Million)
Consumer goods
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031,(US$ Million)
Textile
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031,(US$ Million)
Automotive & Transportation
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031,(US$ Million)
Building & Construction
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031,(US$ Million)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031,(US$ Million)
7. Global Micro plastic Recycling Market, By Region, 2019-2031, (US$ Million)
Introduction
Market Share Analysis, By Region, 2024 and 2031 (%)
Y-o-Y Growth Analysis, For Region, 2020 - 2031
Country Trends
North America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product, 2019-2031,(US$ Million)
Market Size and Forecast, and Y-o-Y Growth, By End Use Industry, 2019-2031,(US$ Million)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2031,(US$ Million)
U.S.
Canada
Europe
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product, 2019-2031,(US$ Million)
Market Size and Forecast, and Y-o-Y Growth, By End Use Industry, 2019-2031,(US$ Million)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2031,(US$ Million)
Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product, 2019-2031,(US$ Million)
Market Size and Forecast, and Y-o-Y Growth, By End Use Industry, 2019-2031,(US$ Million)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2031,(US$ Million)
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Latin America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product, 2019-2031,(US$ Million)
Market Size and Forecast, and Y-o-Y Growth, By End Use Industry, 2019-2031,(US$ Million)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2031,(US$ Million)
Brazil
Argentina
Mexico
Rest of Latin America
Middle East
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product, 2019-2031,(US$ Million)
Market Size and Forecast, and Y-o-Y Growth, By End Use Industry, 2019-2031,(US$ Million)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2031,(US$ Million)
GCC Countries
Israel
Rest of Middle East
Africa
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product, 2019-2031,(US$ Million)
Market Size and Forecast, and Y-o-Y Growth, By End Use Industry, 2019-2031,(US$ Million)
Market Size and Forecast, and Y-o-Y Growth, By Country/Region, 2019-2031,(US$ Million)
South Africa
Central Africa
North Africa
8. Competitive Landscape
Company Profile
Polygonesystems
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
PlanetCare
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
ECOFARIO
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Ocean Diagnostics
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Oceanworks
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Matter
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Carbios
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Purecycle technologies
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Ioniqa
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Calyxia
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Analyst Views
9. Section
References
Research Methodology
About us
*Browse 24 market data tables and 28 figures on “Global Micro plastic Recycling Market” - Global forecast to 2031.

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