The Global Advanced (Chemical or Feedstock) Recycling Market 2025-2040

Advanced recycling, sometimes referred to as chemical or feedstock recycling, is a process that breaks down waste to the molecular level so it can be converted to new raw materials. The advanced recycling market is experiencing major growth as stakeholders seek solutions for previously unrecyclable plastic waste. Unlike mechanical recycling, which primarily reshapes polymers, advanced recycling breaks materials down to molecular building blocks, enabling true circularity for a wider range of plastics and other materials.

Global market valuations for advanced recycling reached approximately $8.7 billion in 2023, with projections suggesting The market is driven by increasing regulatory pressure, corporate sustainability commitments, and technological maturation across multiple conversion platforms. Leading technologies include pyrolysis, gasification, solvolysis, and depolymerization, each targeting specific polymer streams or end-product applications. Investment flows into the sector have accelerated dramatically, with over $7.5 billion committed since 2020. This integration of advanced recycling with conventional petrochemical infrastructure creates deployment advantages through existing distribution networks and technical expertise.

Regulatory frameworks increasingly support advanced recycling adoption. The European Union's Circular Economy Action Plan and Plastic Packaging Levy create direct economic incentives for recycled content, while the U.S. EPA and state-level legislation increasingly recognize chemical recycling as legitimate recycling rather than waste disposal. Challenges persist despite these advances. Capital intensity remains high at $1,500-4,000 per ton of annual capacity, creating economic barriers to rapid scaling. Process yield and energy efficiency improvements continue through catalyst development and process integration, gradually improving economics. Feedstock quality and consistency represent operational challenges, with contaminants potentially affecting catalyst performance and product quality.

Market forecasts suggest advanced recycling will process 20-25 million tons of plastic waste annually by 2030, representing approximately 5-7% of global plastic production. While still a modest fraction of total plastics volume, this represents significant growth from current levels (<1%) and creates meaningful circular pathways for materials previously destined for landfills or incineration. The sector's evolution increasingly focuses on specialized applications where advanced recycling provides unique value rather than competing directly with mechanical recycling for clean, homogeneous streams. This complementary approach addresses the full spectrum of plastic waste while optimizing environmental and economic performance across different material qualities and contamination levels.

The Advanced (Chemical or Feedstock) Recycling Market 2025-2040 report provides an in-depth analysis of the rapidly evolving technologies, market dynamics, and growth opportunities in the advanced (chemical or feedstock) recycling sector. As global plastic production reaches unprecedented levels and environmental concerns intensify, advanced recycling emerges as a critical solution for transforming plastic waste into valuable chemical feedstocks and materials. This report delivers essential insights for stakeholders across the value chain, from technology developers and investors to consumer product companies and policymakers.

Report contents include:
Market Drivers & Trends Analysis: Detailed examination of environmental concerns, regulatory policies, corporate sustainability initiatives, technological advancements, and circular economy adoption driving market growth
Comprehensive Technology Assessment: In-depth coverage of pyrolysis, gasification, dissolution, and depolymerization technologies, including SWOT analyses and commercial readiness
Material-Specific Insights: Detailed analysis of recycling processes for polyethylene (PE), polypropylene (PP), PET, polystyrene (PS), and other polymers
Competitive Landscape: Profiles of 193 companies operating across the advanced recycling value chain, including capacities and technological approaches
Regional Market Analysis: Forecasts for Europe, North America, South America, Asia, Oceania, and Africa from 2022-2040
End Product Evaluation: Analysis of chemical feedstocks, fuels, raw materials, and energy products derived from advanced recycling
Environmental Impact Assessment: Carbon footprint analysis, energy consumption assessment, and sustainability metrics
Emerging Technologies: Analysis of AI applications, robotics in sorting, and novel catalyst development
Investment & Capacity Trends: Complete overview of industry news, funding, and capacity developments from 2020-2025
Value Chain Analysis: Comprehensive mapping of the advanced recycling ecosystem and market positioning

The report features extensive data on polymer demand segmented by recycling technology, life cycle assessments comparing different recycling methods, and detailed price and yield analyses.

The report provides comprehensive profiles of 193 key players in the advanced recycling market, including Accurec Recycling, Aduro Clean Technologies, Advanced Plastic Purification International, Aeternal Upcycling, Agilyx, Alpha Recyclage Composites, Alterra Energy, Ambercycle, Anellotech, Anhui Oursun Resource Technology, APChemi, Aquafil, ARCUS Greencycling, Arkema, Axens, BASF, Bcircular, BioBTX, Biofabrik Technologies, Blest, Blue Cycle, BlueAlp Technology, Borealis, Boston Materials, Braven Environmental, Breaking, Brightmark, Cadel Deinking, Carbios, Carboliq, Carbon Fiber Recycling, Cassandra Oil, CIRC, Chian Tianying, Chevron Phillips Chemical, Clariter, Clean Energy Enterprises, Clean Planet Energy, Corsair Group International, Covestro, CreaCycle, CuRe Technology, Cyclic Materials, Cyclize, DeepTech Recycling, DePoly, DOPS Recycling Technology, Dow Chemical, DyeRecycle, Descycle, Eastman Chemical, Eco Fuel Technology, Ecopek, Ecoplasteam, ECO RnS, Eeden, Emery Oleochemicals, Encina Development Group, Enerkem, Enespa, Enval, Environmental Solutions, Epoch Biodesign, Equipolymers, Evonik Industries, Evrnu, Extracthive, ExxonMobil, Fairmat, Fulcrum BioEnergy, Futerro, Freepoint Eco-Systems, Fych Technologies, Garbo, GreenMantra Technologies, Greyparrot, Gr3n, Handerek Technologies, Hanwha Solutions, Honeywell, Hyundai Chemical, Indaver, InEnTec, INEOS Styrolution, Infinited Fiber Company, Ioncell, Ioniqa Technologies, Itero Technologies, Jeplan, JFE Chemical, Kaneka, Khepra, Klean Industries, Lanzatech, Licella, Loop Industries, LOTTE Chemical, Lummus Technology, LyondellBasell Industries, MacroCycle Technologies, Metaspectral, METYCLE, Mint Innovation, Microwave Chemical, Mitsubishi Chemical, MolyWorks Materials, Mote, Mura Technology, Nanya Plastics, NatureWorks, Neste, New Hope Energy, Nexus Circular, Next Generation Group, Novoloop, Olefy Technologies, OMV, Orlen Unipetrol, PETRONAS Chemicals Group, PlastEco, Plastic Back, Plastic Energy, Plastic2Oil, Plasta Rei, Plastogaz, Poliloop, Polycycl, Polynate, PolyStyreneLoop, Polystyvert, Poseidon Plastics and more....


  • CLASSIFICATION OF RECYCLING TECHNOLOGIES
    • Table Types of recycling.
  • RESEARCH METHODOLOGY
  • INTRODUCTION
    • Global production of plastics
      • Table Global plastics production 1950-2023, millions of tonnes.
    • The importance of plastic
    • Issues with plastics use
      • Table Issues related to the use of plastics.
    • Bio-based or renewable plastics
      • Drop-in bio-based plastics
      • Novel bio-based plastics
    • Biodegradable and compostable plastics
      • Biodegradability
        • Table Type of biodegradation.
      • Compostability
    • Plastic pollution
    • Policy and regulations
    • The circular economy
    • Plastic recycling
      • Table Overview of the recycling technologies.
      • Mechanical recycling
        • Table Polymer types, use, and recovery.
      • Advanced recycling (molecular recycling, chemical recycling)
        • Table Composition of plastic waste streams.
        • Table Comparison of mechanical and advanced chemical recycling.
    • Life cycle assessment
      • Table Life cycle assessment of virgin plastic production, mechanical recycling and chemical recycling.
      • Table Life cycle assessment of chemical recycling technologies (pyrolysis, gasification, depolymerization and dissolution).
  • THE ADVANCED CHEMICAL RECYCLING MARKET
    • Market drivers and trends
      • Table Market drivers and trends in the advanced chemical recycling market.
      • Growing Environmental Concerns
      • Stringent Regulatory Policies
        • Table Global regulations driving plastics recycling.
      • Corporate Sustainability Initiatives
        • Table Corporate Sustainability Initiatives.
      • Technological Advancements
        • Table Technological Advancements.
      • Circular Economy Adoption
    • Market Challenges and Restraints
      • High Initial Investment Costs
      • Technical Challenges
        • Table Technical Challenges.
      • Infrastructure Limitations
      • Technological Barriers
        • Table Technological Barriers.
      • Supply Chain Complexities
      • Cost Competitiveness
        • Table Cost Competitiveness Analysis.
    • Industry news, funding and developments 2020-2025
      • Table Advanced chemical recycling industry news, funding and developments 2020-2025.
    • Capacities
      • Table Advanced chemical recycling capacities, by technology.
    • Global polymer demand 2022-2040, segmented by recycling technology
      • PE
        • Table Global polymer demand 2022-2040, segmented by recycling technology for PE (million tonnes).
      • PP
        • Table Global polymer demand 2022-2040, segmented by recycling technology for PP (million tonnes).
      • PET
        • Table Global polymer demand 2022-2040, segmented by recycling technology for PET (million tonnes).
      • PS
        • Table Global polymer demand 2022-2040, segmented by recycling technology for PS (million tonnes).
      • Nylon
        • Table Global polymer demand 2022-2040, segmented by recycling technology for Nylon (million tonnes).
      • Others
        • Table Global polymer demand 2022-2040, segmented by recycling technology for Other types (million tonnes).* Year
    • Global polymer demand 2022-2040, segmented by recycling technology, by region
      • Europe
        • Table Global polymer demand in Europe, by recycling technology 2022-2040 (million tonnes).
      • North America
        • Table Global polymer demand in North America, by recycling technology 2022-2040 (million tonnes).
      • South America
        • Table Global polymer demand in South America, by recycling technology 2022-2040 (million tonnes).
      • Asia
        • Table Global polymer demand in Asia, by recycling technology 2022-2040 (million tonnes).
      • Oceania
        • Table Global polymer demand in Oceania, by recycling technology 2022-2040 (million tonnes).
      • Africa
        • Table Global polymer demand in Africa, by recycling technology 2022-2040 (million tonnes).
    • Chemically recycled plastic products
      • Table Example chemically recycled plastic products.
    • Market map
    • Value chain
    • Life Cycle Assessments (LCA) of advanced chemical recycling processes
      • Table Life Cycle Assessments (LCA) of Advanced chemical recycling Processes.
      • PE
        • Table Life cycle assessment of mechanically versus chemically recycling polyethylene (PE).
      • PP
        • Table Life cycle assessment of mechanically versus chemically recycling polypropylene (PP).
      • PET
        • Table Life cycle assessment of mechanically versus chemically recycling polyethylene terephthalate (PET).
    • Recycled plastic yield and cost
      • Plastic yield of each chemical recycling technologies
        • Table Plastic yield of each chemical recycling technologies.
      • Prices
        • Table Chemically recycled plastics prices in USD.
  • ADVANCED (CHEMICAL OR FEEDSTOCK) RECYCLING TECHNOLOGIES
    • Applications
      • Table Applications of chemically recycled materials.
    • Pyrolysis
      • Non-catalytic
        • Table Summary of non-catalytic pyrolysis technologies.
      • Catalytic
        • Table Summary of catalytic pyrolysis technologies.
        • Table Summary of pyrolysis technique under different operating conditions.
        • Table Biomass materials and their bio-oil yield.
        • Table Biofuel production cost from the biomass pyrolysis process.
      • SWOT analysis
      • Companies and capacities
        • Table Pyrolysis companies and plant capacities, current and planned.
    • Gasification
      • Technology overview
        • Table Summary of gasification technologies.
      • SWOT analysis
      • Companies and capacities (current and planned)
        • Table Advanced recycling (Gasification) companies.
    • Dissolution
      • Technology overview
        • Table Summary of dissolution technologies.
      • SWOT analysis
      • Companies and capacities (current and planned)
        • Table Advanced recycling (Dissolution) companies
    • Depolymerisation
      • Table Depolymerisation processes for PET, PU, PC and PA, products and yields.
      • Hydrolysis
        • Table Summary of hydrolysis technologies-feedstocks, process, outputs, commercial maturity and technology developers.
      • Enzymolysis
        • Table Summary of Enzymolysis technologies-feedstocks, process, outputs, commercial maturity and technology developers.
      • Methanolysis
        • Table Summary of methanolysis technologies-feedstocks, process, outputs, commercial maturity and technology developers.
      • Glycolysis
        • Table Summary of glycolysis technologies-feedstocks, process, outputs, commercial maturity and technology developers.
      • Aminolysis
        • Table Summary of aminolysis technologies.
      • Companies and capacities (current and planned)
        • Table Advanced recycling (Depolymerisation) companies and capacities (current and planned).
    • Other advanced chemical recycling technologies
      • Hydrothermal cracking
        • Table Overview of hydrothermal cracking for advanced chemical recycling.
      • Pyrolysis with in-line reforming
        • Table Overview of Pyrolysis with in-line reforming for advanced chemical recycling.
      • Microwave-assisted pyrolysis
        • Table Overview of microwave-assisted pyrolysis for advanced chemical recycling
      • Plasma pyrolysis
        • Table Overview of plasma pyrolysis for advanced chemical recycling.
      • Plasma gasification
        • Table Overview of plasma gasification for advanced chemical recycling.
      • Supercritical fluids
      • Carbon fiber recycling
        • Table Summary of carbon fiber (CF) recycling technologies. Advantages and disadvantages.
        • Table Retention rate of tensile properties of recovered carbon fibres by different recycling processes.
        • Table Recycled carbon fiber producers, technology and capacity.
    • Advanced recycling of thermoset materials
      • Table Current thermoset recycling routes.
      • Thermal recycling
      • Solvolysis
      • Catalyzed Glycolysis
      • Alcoholysis and Hydrolysis
      • Ionic liquids
      • Supercritical fluids
      • Plasma
      • Companies
        • Table Companies developing advanced thermoset recycing routes.
    • Comparison with Traditional Recycling Methods
      • Table Comparison of Advanced Chemical Recycling with Traditional Recycling Methods.
      • Mechanical Recycling Limitations
      • Energy Efficiency Comparison
        • Table Energy Efficiency Comparison: Advanced Chemical Recycling vs. Mechanical Recycling
      • Quality of Output Comparison
        • Table Quality of Output Comparison.
      • Cost Analysis
        • Table Cost Analysis of advanced plastic recycling versus traditional recycling methods.
    • Environmental Impact Assessment
      • Carbon Footprint Analysis
        • Table Carbon Footprint Analysis.
      • Energy Consumption Assessment
        • Table Energy Consumption Assessment.
      • Waste Reduction Potential
      • Sustainability Metrics
        • Table Sustainability Metrics.
    • Emerging Technologies
      • AI and Machine Learning Applications
        • Table AI and Machine Learning Applications.
      • Robotics in Sorting
      • Novel Catalyst Development
        • Table Types of Nano-catalysts.
        • Table Types of bio-catalysts.
  • MATERIALS ANALYSIS
    • Plastics
      • Polyethylene (PE)
        • Table Advanced polyethylene recovery methods.
      • Polypropylene (PP)
        • Table Polypropylene processing methods for chemical recycling.
        • Table PP Quality Grades from Chemical Recycling.
      • Polyethylene Terephthalate (PET)
        • Table Advanced PET recovery technologies .
      • Polystyrene (PS)
      • Other Plastics
    • Metals
      • Table Advanced chemical recycling of metals.
      • Precious Metals
        • Table Precious metals recovery methods.
    • Base Metals
      • Copper
      • Aluminium
      • Steel
      • Processing Technologies
        • Table Advanced processing technologies for base metal recycling .
    • Rare Earth Elements
      • Light REEs
      • Heavy REEs
      • Extraction Methods
        • Table Rare Earth Elements Extraction Methods.
    • Electronic Waste
      • Circuit Boards
      • Batteries
        • Table Recovery Processes for Batteries.
      • Displays
        • Table Advanced technologies for materials recovery in displays.
      • Other Components
    • Textiles
      • Natural Fibers
      • Cotton
      • Wool
      • Silk
      • Processing Methods
        • Table Processing Methods for Natural Fiber Recycling.
    • Synthetic Fibers
      • Polyester
      • Nylon
      • Acrylic
      • Recovery Technologies
        • Table Recovery Technologies for Synthetic Fibers
  • END PRODUCT ANALYSIS
    • Chemical Feedstocks
      • Monomers
        • Table Monomers from chemical recycling.
      • Oligomers
        • Table Oligomers from advanced recycling.
      • Specialty Chemicals
    • Fuels
      • Diesel
      • Gasoline
      • Synthetic Gas
    • Raw Materials
      • Recycled Plastics
      • Recovered Metals
      • Other Materials
    • Energy Products
      • Electricity
      • Heat
      • Biofuels
  • COMPANY PROFILES
    • Accurec Recycling GmbH
    • Aduro Clean Technologies, Inc.
    • Advanced Plastic Purification International (APPI)
    • Aeternal Upcycling
    • Agilyx
    • Alpha Recyclage Composites
    • Alterra Energy
    • Ambercycle, Inc.
    • Anellotech, Inc.
    • Anhui Oursun Resource Technology Co., Ltd
    • APChemi Pvt. Ltd.
    • Aquafil S.p.A.
    • ARCUS Greencycling GmbH
    • Arkema
    • Axens SA
    • BASF
    • Bcircular
    • BioBTX B.V.
    • Biofabrik Technologies GmbH
    • Blest (Microengineer Co., Ltd.)
    • Blue Cycle
    • BlueAlp Technology
    • Borealis AG
    • Boston Materials LLC
    • Braven Environmental, LLC
    • Breaking
    • Brightmark
    • Cadel Deinking S.L.
    • Carbios
    • Carboliq GmbH
    • Carbon Fiber Recycling LLC
    • Cassandra Oil AB
    • CIRC
    • Chian Tianying
    • Chevron Phillips Chemical
    • Clariter
    • Clean Energy Enterprises
    • Clean Planet Energy
    • Corsair Group International
    • Covestro
    • CreaCycle GmbH
    • CuRe Technology BV
    • Cyclic Materials
    • Cyclize
    • DeepTech Recycling
    • DePoly SA
    • DOPS Recycling Technology
    • Dow Chemical Company
    • DyeRecycle
    • Descycle
    • Eastman Chemical Company
    • Eco Fuel Technology, Inc
    • Ecopek S.A.
    • Ecoplasteam
    • ECO RnS
    • Eeden GmbH
    • Emery Oleochemicals
    • Encina Development Group, LLC
    • Enerkem, Inc.
    • Enespa
    • Enval Ltd.
    • Environmental Solutions (Asia) Pte Ltd
    • Epoch Biodesign
    • Equipolymers GmbH
    • Evonik Industries AG
    • Evrnu
    • Extracthive
    • ExxonMobil
    • Fairmat
    • Fulcrum BioEnergy
    • Futerro
    • Freepoint Eco-Systems
    • Fych Technologies
    • Garbo S.r.l.
    • GreenMantra Technologies
    • Greyparrot
    • Gr3n SA
    • Handerek Technologies
    • Hanwha Solutions
    • Honeywell
    • Hyundai Chemical
    • Indaver nv
    • InEnTec, Inc.
    • INEOS Styrolution
    • Infinited Fiber Company Oy
    • Ioncell Oy
    • Ioniqa Technologies B.V.
    • Itero Technologies
    • Jeplan, Inc.
    • JFE Chemical Corporation
    • Kaneka Corporation
    • Khepra
    • Klean Industries
    • Lanzatech
    • Licella
    • Loop Industries, Inc.
    • LOTTE Chemical
    • Lummus Technology LLC
    • LyondellBasell Industries Holdings B.V.
    • MacroCycle Technologies
    • Metaspectral
    • METYCLE
    • Mint Innovation
    • Microwave Chemical Co. Ltd.
    • Mitsubishi Chemical
    • MolyWorks Materials
    • Mote, Inc.
    • Mura Technology
    • Nanya Plastics Corporation
    • NatureWorks
    • Neste Oyj
    • New Hope Energy
    • Nexus Circular LLC
    • Next Generation Group (NGR)
    • Novoloop
    • Olefy Technologies
    • OMV AG
    • Orlen Unipetrol Rpa S.r.o.
    • 00D6;sterreichische Mineral00F6;lverwaltung (OMV)
    • PETRONAS Chemicals Group Berhad
    • PlastEco
    • Plastic Back
    • Plastic Energy Limited
    • Plastic2Oil, Inc.
    • Plasta Rei
    • Plastogaz SA
    • Poliloop
    • Polycycl
    • Polynate
    • PolyStyreneLoop
    • Polystyvert, Inc.
    • Poseidon Plastics
    • Premirr Plastics, Inc.
    • Protein Evolution
    • Pryme BV
    • PureCycle Technologies
    • Pyrowave
    • Pyrolyze
    • Qairos Energies
    • QuantaFuel ASA
    • Recenso GmbH
    • Recyc'ELIT
    • Refinity
    • Recycleye
    • ReNew ELP
    • Re:newcell
    • Renew One
    • RePEaT Co., Ltd.
    • Repolywise Limited
    • ReSolved Technologies
    • Repsol
    • Resiclo Oy
    • Resynergi, Inc.
    • revalyu Resources GmbH
    • ReVital Polymers, Inc.
    • Rheiazymes AG
    • Rittec Umwelttechnik GmbH
    • Sabic
    • Samsara Eco Pty Ltd.
    • Saperatec GmbH
    • Scindo
    • SCG Chemicals
    • Sekisui Chemical Co., Ltd.
    • SemperCycle
    • Shell
    • Showa Denko K.K.
    • Shuye Environmental Technology
    • Sierra Energy
    • SK Geo Centric (SKGC)
    • SK Global Chemical Co., Ltd.
    • Solveteq
    • Sulzer Chemtech AG
    • Sumitomo Chemical
    • Sweet Gazoil
    • Synova
    • Synpet Technologies
    • Technisoil Industrial
    • Teijin Frontier Co., Ltd.
    • TotalEnergies
    • Toyo Styrene Co., Ltd.
    • Trinseo
    • Triple Helix
    • Uflex
    • UpCircle
    • Uplift360
    • Valoren
    • Vartega Inc.
    • Velocys
    • Veridis
    • Versalis SpA
    • Wastefront
    • Worn Again Technologies
    • Xycle
  • GLOSSARY OF TERMS
  • REFERENCES

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings