Recycled Plastics

Recycled Plastics

Global Recycled Plastics Market to Reach $50.7 Billion by 2030
In the changed post COVID-19 business landscape, the global market for Recycled Plastics estimated at US$29.3 Billion in the year 2022, is projected to reach a revised size of US$50.7 Billion by 2030, growing at aCAGR of 7.1% over the period 2022-2030. Polyethylene Terephthalate (PET), one of the segments analyzed in the report, is projected to record 7.9% CAGR and reach US$16.5 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Polyethylene (PE) segment is readjusted to a revised 6.9% CAGR for the next 8-year period.

The U.S. Market is Estimated at $7.9 Billion, While China is Forecast to Grow at 11.8% CAGR
The Recycled Plastics market in the U.S. is estimated at US$7.9 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$12.6 Billion by the year 2030 trailing a CAGR of 11.8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3% and 6.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.8% CAGR.

Select Competitors (Total 44 Featured) -

• B&B Plastics Inc.
• B. Schoenberg & Co., Inc.
• Cabka Group GmbH
• Clear Path Recycling, LLC
• Custom Polymers, Inc.
• Envision Plastics
• Fresh Pak Corp.
• Green Line Polymers
• Imerys SA
• Jayplas
• Joe's Plastics Inc.
• K K Asia Pte Ltd.
• Kw Plastics
• MBA Polymers Inc.
• Pet Processors LLC
• Phoenix Technologies International, LLC.
• Plasgran Limited
• Plastipak Holdings, Inc.
• Replas
• Rjm International Inc.
• SUEZ
• Ultra Poly Corporation
• Veolia Environnement SA

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