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PUBLISHER: Grand View Research | PRODUCT CODE: 1575074
PUBLISHER: Grand View Research | PRODUCT CODE: 1575074
Plastic Recycling Services Market Size, Share & Trends Analysis Report By Process (Mechanical Recycling, Chemical Recycling), By Type (Plastic Bottles, Plastic Films, Polymer Foam), By Region, And Segment Forecasts, 2024 - 2030
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Plastic Recycling Services Market Trends:
The global plastic recycling services market size was estimated at USD 26.55 billion in 2023 and is projected to grow at a CAGR of 8.11% from 2024 to 2030. Globally the rise of non-degradable plastic pollution is increasing the threat to the environment. Such ill effects caused by this pollution lead to a surge the demand for the recycling services to manage plastic pollution effectively.
A significant trend in the plastic recycling services market is the growing emphasis on the circular economy. Governments and companies are shifting towards recycling models that help to reduce waste and reuse of plastic materials. This trend is driven by the global sustainability movement, where industries are adopting practices to minimize their carbon footprint. Large corporations, especially in packaging, automotive, and consumer goods, are integrating recycled plastic into their products, driving demand for high-quality recycling services. The adoption of extended producer responsibility (EPR) programs also reflects the increased accountability for plastic waste management, contributing to market growth.
Global Plastic Recycling Services Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented Plastic Recycling Services market report based on process, type, and region:
- Process Outlook (Revenue, USD Million; Volume, Kilotons, 2018 - 2030)
- Mechanical Recycling
- Chemical Recycling
- Type Outlook (Revenue, USD Million; Volume, Kilotons, 2018 - 2030)
- Plastic Bottles
- Plastic Films
- Polymer Foam
- Others
- Regional Outlook (Revenue, USD Million; Volume, Kilotons, 2018 - 2030)
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Central & South America
- Brazil
- Argentina
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
Product Code: GVR-4-68040-469-9
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Insights
- 2.2. Segmental Outlook
- 2.3. Competitive Outlook
Chapter 3. Plastic Recycling Services Market Variables, Trends & Scope
- 3.1. Global Plastic Recycling Services Market Outlook
- 3.2. Industry Value Chain Analysis
- 3.2.1. Profit Margin Analysis of Key value chain participants
- 3.2.2. Raw Process Trends
- 3.2.3. Raw Process Price Analysis
- 3.3. Technology Overview
- 3.4. Analysis of Potential Sustainable Substitute Process
- 3.5. Impact of Circular Economy
- 3.6. Average Price Trend Analysis, 2018 to 2030 (USD/kg)
- 3.6.1. Key Factors Influencing Pricing
- 3.7. Supply-Demand GAP Analysis, 2023
- 3.8. Regulatory Framework
- 3.8.1. Policies and Incentive Plans
- 3.8.2. Standards and Compliances
- 3.8.3. Regulatory Impact Analysis
- 3.9. Market Dynamics
- 3.9.1. Market Driver Analysis
- 3.9.2. Market Restraint Analysis
- 3.9.3. Industry Challenges
- 3.10. Porter's Five Forces Analysis
- 3.10.1. Supplier Power
- 3.10.2. Buyer Power
- 3.10.3. Substitution Threat
- 3.10.4. Threat from New Entrant
- 3.10.5. Competitive Rivalry
- 3.11. PESTEL Analysis
- 3.11.1. Political Landscape
- 3.11.2. Economic Landscape
- 3.11.3. Social Landscape
- 3.11.4. Technological Landscape
- 3.11.5. Environmental Landscape
- 3.11.6. Legal Landscape
Chapter 4. Plastic Recycling Services Market: Process Outlook Estimates & Forecasts
- 4.1. Plastic Recycling Services Market: Process Movement Analysis, 2023 & 2030
- 4.1.1. Mechanical Recycling
- 4.1.1.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 4.1.2. Chemical Recycling
- 4.1.2.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 4.1.1. Mechanical Recycling
Chapter 5. Plastic Recycling Services Market: Type Outlook Estimates & Forecasts
- 5.1. Plastic Recycling Services Market: Type Movement Analysis, 2023 & 2030
- 5.1.1. Plastic Bottles
- 5.1.1.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 5.1.2. Plastic Films
- 5.1.2.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 5.1.3. Polymer Foam
- 5.1.3.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 5.1.4. Others
- 5.1.4.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 5.1.1. Plastic Bottles
Chapter 6. Plastic Recycling Services Market Regional Outlook Estimates & Forecasts
- 6.1. Regional Snapshot
- 6.2. Plastic Recycling Services Market: Regional Movement Analysis, 2023 & 2030
- 6.3. North America
- 6.3.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 6.3.2. Market estimates and forecast, by process, 2018 - 2030 (USD Million) (Kilotons)
- 6.3.3. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (Kilotons)
- 6.3.4. U.S.
- 6.3.4.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 6.3.4.2. Market estimates and forecast, by process, 2018 - 2030 (USD Million) (Kilotons)
- 6.3.4.3. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (Kilotons)
- 6.3.5. Canada
- 6.3.5.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 6.3.5.2. Market estimates and forecast, by process, 2018 - 2030 (USD Million) (Kilotons)
- 6.3.5.3. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (Kilotons)
- 6.3.6. Mexico
- 6.3.6.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 6.3.6.2. Market estimates and forecast, by process, 2018 - 2030 (USD Million) (Kilotons)
- 6.3.6.3. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (Kilotons)
- 6.4. Europe
- 6.4.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 6.4.2. Market estimates and forecast, by process, 2018 - 2030 (USD Million) (Kilotons)
- 6.4.3. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (Kilotons)
- 6.4.4. UK
- 6.4.4.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 6.4.4.2. Market estimates and forecast, by process, 2018 - 2030 (USD Million) (Kilotons)
- 6.4.4.3. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (Kilotons)
- 6.4.5. Germany
- 6.4.5.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 6.4.5.2. Market estimates and forecast, by process, 2018 - 2030 (USD Million) (Kilotons)
- 6.4.5.3. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (Kilotons)
- 6.4.6. France
- 6.4.6.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 6.4.6.2. Market estimates and forecast, by process, 2018 - 2030 (USD Million) (Kilotons)
- 6.4.6.3. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (Kilotons)
- 6.4.7. Italy
- 6.4.7.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 6.4.7.2. Market estimates and forecast, by process, 2018 - 2030 (USD Million) (Kilotons)
- 6.4.7.3. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (Kilotons)
- 6.4.8. Spain
- 6.4.8.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 6.4.8.2. Market estimates and forecast, by process, 2018 - 2030 (USD Million) (Kilotons)
- 6.4.8.3. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (Kilotons)
- 6.5. Asia Pacific
- 6.5.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 6.5.2. Market estimates and forecast, by process, 2018 - 2030 (USD Million) (Kilotons)
- 6.5.3. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (Kilotons)
- 6.5.4. China
- 6.5.4.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 6.5.4.2. Market estimates and forecast, by process, 2018 - 2030 (USD Million) (Kilotons)
- 6.5.4.3. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (Kilotons)
- 6.5.5. India
- 6.5.5.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 6.5.5.2. Market estimates and forecast, by process, 2018 - 2030 (USD Million) (Kilotons)
- 6.5.5.3. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (Kilotons)
- 6.5.6. Japan
- 6.5.6.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 6.5.6.2. Market estimates and forecast, by process, 2018 - 2030 (USD Million) (Kilotons)
- 6.5.6.3. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (Kilotons)
- 6.5.7. South Korea
- 6.5.7.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 6.5.7.2. Market estimates and forecast, by process, 2018 - 2030 (USD Million) (Kilotons)
- 6.5.7.3. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (Kilotons)
- 6.5.8. Indonesia
- 6.5.8.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 6.5.8.2. Market estimates and forecast, by process, 2018 - 2030 (USD Million) (Kilotons)
- 6.5.8.3. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (Kilotons)
- 6.6. Central & South America
- 6.6.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 6.6.2. Market estimates and forecast, by process, 2018 - 2030 (USD Million) (Kilotons)
- 6.6.3. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (Kilotons)
- 6.6.4. Brazil
- 6.6.4.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 6.6.4.2. Market estimates and forecast, by process, 2018 - 2030 (USD Million) (Kilotons)
- 6.6.4.3. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (Kilotons)
- 6.6.5. Argentina
- 6.6.5.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 6.6.5.2. Market estimates and forecast, by process, 2018 - 2030 (USD Million) (Kilotons)
- 6.6.5.3. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (Kilotons)
- 6.7. Middle East & Africa
- 6.7.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 6.7.2. Market estimates and forecast, by process, 2018 - 2030 (USD Million) (Kilotons)
- 6.7.3. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (Kilotons)
- 6.7.4. UAE
- 6.7.4.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 6.7.4.2. Market estimates and forecast, by process, 2018 - 2030 (USD Million) (Kilotons)
- 6.7.4.3. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (Kilotons)
- 6.7.5. Saudi Arabia
- 6.7.5.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 6.7.5.2. Market estimates and forecast, by process, 2018 - 2030 (USD Million) (Kilotons)
- 6.7.5.3. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (Kilotons)
- 6.7.6. South Africa
- 6.7.6.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 6.7.6.2. Market estimates and forecast, by process, 2018 - 2030 (USD Million) (Kilotons)
- 6.7.6.3. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (Kilotons)
Chapter 7. Competitive Landscape
- 7.1. Recent Developments & Impact Analysis, By Key Market Participants
- 7.2. Vendor Landscape
- 7.2.1. Company categorization
- 7.2.2. List of Key Distributors and channel Partners
- 7.2.3. List of Potential Customers/End-users
- 7.3. Competitive Dynamics
- 7.3.1. Company Market Share Analysis & Market Positioning
- 7.3.2. Competitive Benchmarking
- 7.3.3. Strategy Mapping
- 7.3.4. Heat Map Analysis
- 7.4. Company Profiles/Listing
- 7.4.1. Participant's overview
- 7.4.2. Financial performance
- 7.4.3. Product benchmarking
- 7.4.3.1. Deluxe Recycling
- 7.4.3.2. Shakti Plastics Industries
- 7.4.3.3. KW Plastics
- 7.4.3.4. Loop Industries
- 7.4.3.5. Birch Plastics
- 7.4.3.6. PureCycle Technologies
- 7.4.3.7. Mura Technology
- 7.4.3.8. Pellenc ST
- 7.4.3.9. Rekart Innovations Private Limited
- 7.4.3.10. Banyan Nation
Product Code: GVR-4-68040-469-9
List of Tables
- Table 1 List of Abbreviations
- Table 2 Process market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- Table 3 Mechanical Recycling plastic recycling services market estimates and forecasts, by process, 2018 - 2030 (USD Million) (Kilotons)
- Table 4 Chemical Recycling plastic recycling services market estimates and forecasts, by process, 2018 - 2030 (USD Million) (Kilotons)
- Table 5 Type market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- Table 6 Plastic Bottles plastic recycling services market estimates and forecasts, by process, 2018 - 2030 (USD Million) (Kilotons)
- Table 7 Plastic Films plastic recycling services market estimates and forecasts, by process, 2018 - 2030 (USD Million) (Kilotons)
- Table 8 Polymer Foam plastic recycling services market estimates and forecasts, by process, 2018 - 2030 (USD Million) (Kilotons)
- Table 9 Others plastic recycling services market estimates and forecasts, by process, 2018 - 2030 (USD Million) (Kilotons)
- Table 10 North America plastic recycling services market estimates and forecasts, by process, 2018 - 2030 (USD Million) (Kilotons)
- Table 11 North America plastic recycling services market estimates and forecasts, by type, 2018 - 2030 (USD Million) (Kilotons)
- Table 12 U.S plastic recycling services market estimates and forecasts, by process, 2018 - 2030 (USD Million) (Kilotons)
- Table 13 U.S plastic recycling services market estimates and forecasts, by type, 2018 - 2030 (USD Million) (Kilotons)
- Table 14 Canada plastic recycling services market estimates and forecasts, by process, 2018 - 2030 (USD Million) (Kilotons)
- Table 15 Canada plastic recycling services market estimates and forecasts, by type, 2018 - 2030 (USD Million) (Kilotons)
- Table 16 Mexico plastic recycling services market estimates and forecasts, by process, 2018 - 2030 (USD Million) (Kilotons)
- Table 17 Mexico plastic recycling services market estimates and forecasts, by type, 2018 - 2030 (USD Million) (Kilotons)
- Table 18 Europe plastic recycling services market estimates and forecasts, by process, 2018 - 2030 (USD Million) (Kilotons)
- Table 19 Europe plastic recycling services market estimates and forecasts, by type, 2018 - 2030 (USD Million) (Kilotons)
- Table 20 UK plastic recycling services market estimates and forecasts, by process, 2018 - 2030 (USD Million) (Kilotons)
- Table 21 UK plastic recycling services market estimates and forecasts, by type, 2018 - 2030 (USD Million) (Kilotons)
- Table 22 Germany plastic recycling services market estimates and forecasts, by process, 2018 - 2030 (USD Million) (Kilotons)
- Table 23 Germany plastic recycling services market estimates and forecasts, by type, 2018 - 2030 (USD Million) (Kilotons)
- Table 24 France plastic recycling services market estimates and forecasts, by process, 2018 - 2030 (USD Million) (Kilotons)
- Table 25 France plastic recycling services market estimates and forecasts, by type, 2018 - 2030 (USD Million) (Kilotons)
- Table 26 Italy plastic recycling services market estimates and forecasts, by process, 2018 - 2030 (USD Million) (Kilotons)
- Table 27 Italy plastic recycling services market estimates and forecasts, by type, 2018 - 2030 (USD Million) (Kilotons)
- Table 28 Spain plastic recycling services market estimates and forecasts, by process, 2018 - 2030 (USD Million) (Kilotons)
- Table 29 Spain plastic recycling services market estimates and forecasts, by type, 2018 - 2030 (USD Million) (Kilotons)
- Table 30 Asia Pacific plastic recycling services market estimates and forecasts, by process, 2018 - 2030 (USD Million) (Kilotons)
- Table 31 Asia Pacific plastic recycling services market estimates and forecasts, by type, 2018 - 2030 (USD Million) (Kilotons)
- Table 32 China plastic recycling services market estimates and forecasts, by process, 2018 - 2030 (USD Million) (Kilotons)
- Table 33 China plastic recycling services market estimates and forecasts, by type, 2018 - 2030 (USD Million) (Kilotons)
- Table 34 India plastic recycling services market estimates and forecasts, by process, 2018 - 2030 (USD Million) (Kilotons)
- Table 35 India plastic recycling services market estimates and forecasts, by type, 2018 - 2030 (USD Million) (Kilotons)
- Table 36 Japan plastic recycling services market estimates and forecasts, by process, 2018 - 2030 (USD Million) (Kilotons)
- Table 37 Japan plastic recycling services market estimates and forecasts, by type, 2018 - 2030 (USD Million) (Kilotons)
- Table 38 South Korea plastic recycling services market estimates and forecasts, by process, 2018 - 2030 (USD Million) (Kilotons)
- Table 39 South Korea plastic recycling services market estimates and forecasts, by type, 2018 - 2030 (USD Million) (Kilotons)
- Table 40 Indonesia plastic recycling services market estimates and forecasts, by process, 2018 - 2030 (USD Million) (Kilotons)
- Table 41 Indonesia plastic recycling services market estimates and forecasts, by type, 2018 - 2030 (USD Million) (Kilotons)
- Table 42 Central & South America plastic recycling services market estimates and forecasts, by type, 2018 - 2030 (USD Million) (Kilotons)
- Table 43 Brazil America plastic recycling services market estimates and forecasts, by process, 2018 - 2030 (USD Million) (Kilotons)
- Table 44 Brazil plastic recycling services market estimates and forecasts, by type, 2018 - 2030 (USD Million) (Kilotons)
- Table 45 Argentina plastic recycling services market estimates and forecasts, by process, 2018 - 2030 (USD Million) (Kilotons)
- Table 46 Argentina plastic recycling services market estimates and forecasts, by type, 2018 - 2030 (USD Million) (Kilotons)
- Table 47 Middle East & Africa plastic recycling services market estimates and forecasts, by process, 2018 - 2030 (USD Million) (Kilotons)
- Table 48 Middle East & Africa plastic recycling services market estimates and forecasts, by type, 2018 - 2030 (USD Million) (Kilotons)
- Table 49 South Africa plastic recycling services market estimates and forecasts, by process, 2018 - 2030 (USD Million) (Kilotons)
- Table 50 South Africa plastic recycling services market estimates and forecasts, by type, 2018 - 2030 (USD Million) (Kilotons)
- Table 51 Saudi Arabia plastic recycling services market estimates and forecasts, by process, 2018 - 2030 (USD Million) (Kilotons)
- Table 52 Saudi Arabia plastic recycling services market estimates and forecasts, by type, 2018 - 2030 (USD Million) (Kilotons)
- Table 53 UAE plastic recycling services market estimates and forecasts, by process, 2018 - 2030 (USD Million) (Kilotons)
- Table 54 UAE plastic recycling services market estimates and forecasts, by type, 2018 - 2030 (USD Million) (Kilotons)
List of Figures
- Fig. 1 Market segmentation
- Fig. 2 Information procurement
- Fig. 3 Data Analysis Models
- Fig. 4 Market Formulation and Validation
- Fig. 5 Market snapshot
- Fig. 6 Segmental outlook- Plastic type, product, and type
- Fig. 7 Competitive outlook
- Fig. 8 Value chain analysis
- Fig. 9 Market dynamics
- Fig. 10 Porter's Analysis
- Fig. 11 PESTEL Analysis
- Fig. 12 Plastic Recycling Services Market, by Process: Key takeaways
- Fig. 13 Plastic Recycling Services Market, by Process: Market share, 2023 & 2030
- Fig. 14 Plastic Recycling Services Market, by Type: Key takeaways
- Fig. 15 Plastic Recycling Services Market, by Type: Market share, 2023 & 2030
- Fig. 16 Plastic Recycling Services Market, by Region: Key takeaways
- Fig. 17 Plastic Recycling Services Market, by Region: Market share, 2023 & 2030
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