Europe Recycled Plastics Market Size, Share & Trends Analysis Report By Product, By Source (Plastic Bottles, Plastic Films, Polymer Foam, and Others), By Application, By Country and Growth Forecast, 2024 - 2031

Europe Recycled Plastics Market Size, Share & Trends Analysis Report By Product, By Source (Plastic Bottles, Plastic Films, Polymer Foam, and Others), By Application, By Country and Growth Forecast, 2024 - 2031


The Europe Recycled Plastics Market would witness market growth of 8.6% CAGR during the forecast period (2024-2031). In the year 2021, the Europe market's volume surged to 6,608.4 kilo tonnes, showcasing a growth of 21.5% (2020-2023).

Plastic films represent a significant source for the Recycled Plastics Market, playing a crucial role in sustainable waste management efforts. Through effective collection and recycling processes, post-consumer plastic films are converted into high-quality recycled resin, offering a valuable alternative to virgin plastics. This recycled material retains the essential properties of flexibility, durability, and barrier protection, making it suitable for various applications across industries such as packaging, agriculture, and construction. Thus, the Germany market would utilize 754.4 kilo tonnes of Recycled Plastics for Plastic films by 2031.

The Germany market dominated the Europe Recycled Plastics Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $5,392.3 million by 2031. The UK market is registering a CAGR of 7.7% during (2024 - 2031). Additionally, The France market would showcase a CAGR of 9.4% during (2024 - 2031).

Agricultural films from recycled plastics are widely used for mulching, greenhouse covering, and crop protection, driving demand for recycled plastics in agriculture. It manufactures durable farming equipment such as irrigation pipes, drainage systems, and agricultural containers, reducing the environmental impact of farming activities. Agricultural products are packaged and stored using recycled plastics to create crates, bins, and pallets that facilitate effective harvesting, transportation, and storage. It manufactures a wide range of livestock management products, including feeders, water troughs, fencing, and housing, supporting sustainable and efficient livestock farming practices. Geotextiles, erosion control blankets, and sediment barriers are a few examples of applications that use recycled plastics to stabilize soil and reduce erosion, preserving environmental quality and preventing soil health issues.

Furthermore, the development of recycled plastics with properties comparable to virgin materials, including strength, durability, and heat resistance. Improvement of recycled plastics for specific applications such as packaging, automotive, construction, and electronics. Addition of additives and modifiers to recycled plastics to improve processing, performance, and end-of-life properties. Incorporation of compatibilizers, antioxidants, UV stabilizers, and flame retardants to enhance the properties of recycled plastics. Integrating design for recycling (DfR) principles into product design to optimize the recyclability of plastic products. Using mono-materials, easy-to-separate components, and standardized labeling facilitates recycling and improves material recovery rates.

The most recent data available (December 2022) from the International Trade Administration (ITA) indicates that the automotive sector generated €92.7 billion in revenue in 2022, representing 9.3% of Italy’s manufacturing turnover and 5.2% of the country’s GDP. Italy produced 782,629 vehicles in 2022 (including 486,111 cars, 234,798 light commercial vehicles, and 61,720 trucks and buses). In 2022, 1,335,487 new cars were registered. Thus, all these factors will uplift the regional market’s expansion in the coming years.

Based on Product, the market is segmented into Polyethylene, Polypropylene, Polyethylene Terephthalate, Polyvinyl Chloride, Polystyrene, and Others. Based on Source, the market is segmented into Plastic Bottles, Plastic Films, Polymer Foam, and Others. Based on Application, the market is segmented into Packaging, Building & Construction, Electrical & Electronics, Textiles, Automotive, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

List of Key Companies Profiled
  • Remondis SE & Co. KG (Rethmann Se & Co. Kg)
  • Stericycle, Inc.
  • Veolia Environnement S.A.
  • Shell plc
  • Clean Harbors, Inc.
  • Covestro AG
  • Cabka Group GmbH
  • Indorama Ventures Public Company Limited (Indorama Resources Ltd.)
  • Plastipak Holdings, Inc.
  • Biffa plc (Energy Capital Partners Management, LP)
Europe Recycled Plastics Market Report Segmentation

By Product (Volume, Kilo Tonnes, USD Billion, 2020-2031)
  • Polyethylene
  • Polypropylene
  • Polyethylene Terephthalate
  • Polyvinyl Chloride
  • Polystyrene
  • Others
By Source (Volume, Kilo Tonnes, USD Billion, 2020-2031)
  • Plastic Bottles
  • Plastic Films
  • Polymer Foam
  • Others
By Application (Volume, Kilo Tonnes, USD Billion, 2020-2031)
  • Packaging
  • Building & Construction
  • Electrical & Electronics
  • Textiles
  • Automotive
  • Others
By Country (Volume, Kilo Tonnes, USD Billion, 2020-2031)
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe


Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Recycled Plastics Market, by Product
1.4.2 Europe Recycled Plastics Market, by Source
1.4.3 Europe Recycled Plastics Market, by Application
1.4.4 Europe Recycled Plastics Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Opportunities
3.2.3 Market Restraints
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis
Chapter 4. Europe Recycled Plastics Market by Product
4.1 Europe Polyethylene Market by Country
4.2 Europe Polypropylene Market by Country
4.3 Europe Polyethylene Terephthalate Market by Country
4.4 Europe Polyvinyl Chloride Market by Country
4.5 Europe Polystyrene Market by Country
4.6 Europe Others Market by Country
Chapter 5. Europe Recycled Plastics Market by Source
5.1 Europe Plastic Bottles Market by Country
5.2 Europe Plastic Films Market by Country
5.3 Europe Polymer Foam Market by Country
5.4 Europe Others Market by Country
Chapter 6. Europe Recycled Plastics Market by Application
6.1 Europe Packaging Market by Country
6.2 Europe Building & Construction Market by Country
6.3 Europe Electrical & Electronics Market by Country
6.4 Europe Textiles Market by Country
6.5 Europe Automotive Market by Country
6.6 Europe Others Market by Country
Chapter 7. Europe Recycled Plastics Market by Country
7.1 Germany Recycled Plastics Market
7.1.1 Germany Recycled Plastics Market by Product
7.1.2 Germany Recycled Plastics Market by Source
7.1.3 Germany Recycled Plastics Market by Application
7.2 UK Recycled Plastics Market
7.2.1 UK Recycled Plastics Market by Product
7.2.2 UK Recycled Plastics Market by Source
7.2.3 UK Recycled Plastics Market by Application
7.3 France Recycled Plastics Market
7.3.1 France Recycled Plastics Market by Product
7.3.2 France Recycled Plastics Market by Source
7.3.3 France Recycled Plastics Market by Application
7.4 Russia Recycled Plastics Market
7.4.1 Russia Recycled Plastics Market by Product
7.4.2 Russia Recycled Plastics Market by Source
7.4.3 Russia Recycled Plastics Market by Application
7.5 Spain Recycled Plastics Market
7.5.1 Spain Recycled Plastics Market by Product
7.5.2 Spain Recycled Plastics Market by Source
7.5.3 Spain Recycled Plastics Market by Application
7.6 Italy Recycled Plastics Market
7.6.1 Italy Recycled Plastics Market by Product
7.6.2 Italy Recycled Plastics Market by Source
7.6.3 Italy Recycled Plastics Market by Application
7.7 Rest of Europe Recycled Plastics Market
7.7.1 Rest of Europe Recycled Plastics Market by Product
7.7.2 Rest of Europe Recycled Plastics Market by Source
7.7.3 Rest of Europe Recycled Plastics Market by Application
Chapter 8. Company Profiles
8.1 Remondis SE & Co. KG (Rethmann Se & Co. Kg)
8.1.1 Company Overview
8.1.2 SWOT Analysis
8.2 Stericycle, Inc.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Recent strategies and developments:
8.2.4.1 Product Launches and Product Expansions:
8.2.5 SWOT Analysis
8.3 Veolia Environnement S.A.
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expenses
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.6 SWOT Analysis
8.4 Shell plc
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expenses
8.4.5 SWOT Analysis
8.5 Clean Harbors, Inc.
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 SWOT Analysis
8.6 Covestro AG
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expenses
8.6.5 SWOT Analysis
8.7 Cabka Group GmbH
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 SWOT Analysis
8.8 Indorama Ventures Public Company Limited (Indorama Resources Ltd.)
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 SWOT Analysis
8.9 Plastipak Holdings, Inc.
8.9.1 Company Overview
8.9.2 Recent strategies and developments:
8.9.2.1 Partnerships, Collaborations, and Agreements:
8.9.3 SWOT Analysis
8.10. Biffa plc
8.10.1 Company Overview
8.10.2 Recent strategies and developments:
8.10.2.1 Partnerships, Collaborations, and Agreements:
8.10.3 SWOT Analysis

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