Global Recycled Plastic Market Growth 2024-2030

Global Recycled Plastic Market Growth 2024-2030

Recycled resin, also known as recycled plastic resin, refers to a type of plastic material that is produced by recycling and reprocessing used or discarded plastic products. It involves collecting plastic waste, sorting and cleaning it, and then melting and reforming it into new resin pellets or granules. The recycled resin can then be used as a raw material in various industries to manufacture new plastic products. The process of recycling plastic waste into recycled resin helps reduce the reliance on virgin plastic production, minimize plastic waste in landfills, and contribute to a more sustainable and circular economy.

The global Recycled Plastic market size is projected to grow from US$ 73850 million in 2024 to US$ 102420 million in 2030; it is expected to grow at a CAGR of 5.6% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Recycled Plastic Industry Forecast” looks at past sales and reviews total world Recycled Plastic sales in 2023, providing a comprehensive analysis by region and market sector of projected Recycled Plastic sales for 2024 through 2030. With Recycled Plastic sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Recycled Plastic industry.

This Insight Report provides a comprehensive analysis of the global Recycled Plastic landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Recycled Plastic portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Recycled Plastic market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Recycled Plastic and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Recycled Plastic.

The core manufacturers of Recycled Plastic in China include Veolia, Kingfa and Suzhou Jiulong Recyling & Technology. The top three companies have a market share of about 5%. In terms of product type, PET is the largest segment with approximately 34% market share. In terms of application, Packaging and Consumer Goods is the largest downstream segment, accounting for about 37% of the market.

This report presents a comprehensive overview, market shares, and growth opportunities of Recycled Plastic market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
PET
PP
PE
ABS
Modified PPE
PSU
PVDF
PVC
Others

Segmentation by Application:
Packaging and Consumer Goods
Construction
Textile
Automotive
Landscaping/Street Furniture
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Veolia
Suzhou Jiulong Recyling & Technology
Zhejiang Haili Environmental Technology
Cixi Xingke Chemical Fiber
Zhejiang Jiaren New Materials
Guangdong Qiusheng Resources
Fujian Baichuan Resources Recycling
Guolong Recyclable Resources Development
Kingfa
INTCO
China Recycling Development
Guangdong Rhino New Material Technology
Jiangxi Green Recycling
Xiamen LH Environment Protection Industry
Indorama Ventures
Far Eastern New Century Co., Ltd.
MBA Polymers
Alpek (DAK Americas)
Plastipak Holdings
Greentech
KW Plastics
Vogt-Plastic
Biffa
Visy
Envision
Viridor
PreZero Polymers

Key Questions Addressed in this Report

What is the 10-year outlook for the global Recycled Plastic market?

What factors are driving Recycled Plastic market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Recycled Plastic market opportunities vary by end market size?

How does Recycled Plastic break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.