The Global Market for Advanced Chemical Recycling

The Global Market for Advanced Chemical Recycling 2024-2040


Advanced recycling technologies that utilize heat or chemical solvents to recycle plastics into new plastics, fuels or chemicals are a key strategy for solving the global plastic problem, and are priority areas in government green initiatives. Advanced chemical recycling technologies are now being developed by more than 150 companies worldwide, and capacities are increasing. Companies including ExxonMobil, New Hope Energy, Nexus Circular, Eastman, Encina are planning to build large plastics recycling plants. As well as complementing traditional mechanical recycling, advanced recycling offers benefits such as widening the range of recyclable plastic options, producing high value plastics (e.g. for flexible food packaging) and improving sustainability (using waste rather than fossil fuels for plastics production).

The Global Market for Advanced Chemical Recycling 2024-2040 provides a comprehensive analysis of the global advanced chemical recycling technologies market. The report covers market drivers, trends, industry developments, capacities, polymer demand forecasts segmented by recycling technology, regional demand forecasts, product examples, value chain analysis, life cycle assessments, yields, pricing, and challenges. 160 companies active in advanced recycling technologies such as pyrolysis, gasification, dissolution, depolymerization, and more are profiled. Detailed technology overviews, SWOT analyses, and company capacity details are also provided.

Regional market demand forecasts are broken down by recycling technology for Europe, North America, South America, Asia, Oceania, and Africa. Polymer-specific demand forecasts are provided globally and by region for PE, PP, PET, PS, nylon and other polymers. The report analyses how virgin plastic production, mechanical recycling, pyrolysis, monomer recycling and other technologies will shape polymer demand.

The report provides unique insights into the market future, current capacities, life cycle assessments, products, and opportunities in advanced chemical recycling. It is designed for companies in the plastics value chain seeking detailed analysis on growth opportunities, partnerships, investment, positioning, and challenges.

Report contents include:
 Overview of the global plastics and bioplastics markets.
 Market drivers and trends.
 Advanced chemical recycling industry news, funding and developments 2020-2023.
 Capacities by technology.
 Market maps and value chain.
 In-depth analysis of advanced chemical recycling technologies.
 Global polymer demand 2018-2040, segmented by technology, types and regions, million metric tons.
 Global demand by recycling process, 2018-2040, million metric tons.
 Advanced chemical recycling technologies covered include:
 Pyrolysis
 Gasification
 Dissolution
 Depolymerisation
 Emerging technologies.

Profiles of 164 companies. Companies profiled include Agilyx, APK AG, Aquafil, Carbios, Eastman, Extracthive, Fych Technologies, Garbo, gr3n SA, Hyundai Chemical Ioniqa, Itero, Licella, Mura Technology, revalyu Resources GmbH, Plastogaz SA, Plastic Energy, Polystyvert, Pyrowave, RePEaT Co., Ltd., Synova and SABIC (full list of companies profiled in table of contents).


  • CLASSIFICATION OF RECYCLING TECHNOLOGIES
    • Table Types of recycling.
  • RESEARCH METHODOLOGY
  • INTRODUCTION
    • Global production of plastics
    • 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.
    • Industry news, funding and developments 2020-2023
      • Table Advanced chemical recycling industry news, funding and developments 2020-2023.
    • Capacities
      • Table Advanced plastics 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).*
    • 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 plastics 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.
    • Market challenges
      • Table Challenges in the advanced chemical recycling market.
  • ADVANCED 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.
  • COMPANY PROFILES
    • Aduro Clean Technologies, Inc.
    • Aeternal Upcycling
    • Agilyx
    • Alpha Recyclage Composites
    • Alterra Energy
    • Ambercycle, Inc.
    • Anellotech, Inc.
    • Anhui Oursun Resource Technology Co., Ltd
    • APChemi Pvt. Ltd.
    • APK AG
    • 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
    • Brightmark
    • Cadel Deinking S.L.
    • Carbios
    • Carboliq GmbH
    • Carbon Fiber Recycling LLC
    • Cassandra Oil AB
    • CIRC
    • Chian Tianying
    • Chevron Phillips Chemical
    • Clariter
    • Clean Planet Energy
    • Corsair Group International
    • Covestro
    • CreaCycle GmbH
    • CuRe Technology BV
    • Cyclic Materials
    • Cyclize
    • DePoly SA
    • Dow Chemical Company
    • DyeRecycle
    • Eastman Chemical Company
    • Eco Fuel Technology, Inc
    • Ecopek S.A.
    • Eeden GmbH
    • Emery Oleochemicals
    • Encina Development Group, LLC
    • Enerkem, Inc.
    • Enval Ltd.
    • Environmental Solutions (Asia) Pte Ltd
    • Epoch Biodesign
    • Equipolymers GmbH
    • Evonik Industries AG
    • Evrnu
    • Extracthive
    • ExxonMobil
    • Fairmat
    • Fulcrum BioEnergy
    • Futerro
    • Fych Technologies
    • Garbo S.r.l.
    • GreenMantra Technologies
    • 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.
    • Metaspectral
    • 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.
    • Österreichische Mineralölverwaltung (OMV)
    • PETRONAS Chemicals Group Berhad
    • Plastic Back
    • Plastic Energy Limited
    • Plastic2Oil, Inc.
    • Plastogaz SA
    • Poliloop
    • Polycycl
    • Polynate
    • PolyStyreneLoop
    • Polystyvert, Inc.
    • Poseidon Plastics
    • Premirr Plastics, Inc.
    • Protein Evolution
    • Pryme BV
    • PureCycle Technologies
    • Pyrowave
    • Qairos Energies
    • QuantaFuel ASA
    • Recenso GmbH
    • Recyc'ELIT
    • ReNew ELP
    • Re:newcell
    • Renew One
    • RePEaT Co., Ltd.
    • Repsol
    • Resiclo Oy
    • Resynergi, Inc.
    • revalyu Resources GmbH
    • ReVital Polymers, Inc.
    • Rittec Umwelttechnik GmbH
    • Sabic
    • Samsara Eco Pty Ltd.
    • Saperatec GmbH
    • Scindo
    • SCG Chemicals
    • Sekisui Chemical Co., Ltd.
    • Shell
    • Showa Denko K.K.
    • Shuye Environmental Technology
    • Sierra Energy
    • SK Geo Centric (SKGC)
    • SK Global Chemical Co., Ltd.
    • 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
    • Valoren
    • Vartega Inc.
    • Velocys
    • 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