MarkNtel Advisors Releases Comprehensive Study on the Plastic Recycling Market, Forecasting Strong Growth from 2024 to 2030
MarkNtel Advisors, a leading market research and consulting firm, has announced the release of its latest study titled “Plastic Recycling Market Analysis, 2024–2030.”
This report provides a detailed assessment of the Plastic Recycling Market, covering its evolving dynamics, emerging trends, key growth drivers, major challenges, and competitive landscape.
Designed to guide investors, stakeholders, and business leaders, the research aims to deliver valuable insights for strategic planning, risk assessment, and investment decision-making in the years ahead.
In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2026 to 2032, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.
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Plastic Recycling Market Timeline Overview
-Historical Years: 2019-22
-Base Years: 2023
-Forecast year - 2024-2030
This helps businesses identify emerging opportunities, assess market risks, and develop data-driven strategies for long-term success.
Plastic Recycling Market Outlook
According to the report, The Global Plastic Recycling Market size is valued at nearly USD 32.9 billion in 2023 & is predicted to reach about USD 59.23 billion by 2030. Along with this, the market is also estimated to grow at a CAGR of about 8.72% during the forecast period, i.e., 2024-30.
The report also examines consumer preferences, regulatory impacts, and investment trends that will shape the market’s trajectory over the next decade.
Plastic Recycling Market Drivers:
Global Environment Initiatives & Corporate Innovations in Plastic Recycling & Circular Economy Solutions – With the rapidly increasing concerns about pollution & environmental degradation, different countries worldwide are taking several initiatives for plastic recycling & waste management to promote & spread awareness about suitable disposal practices for plastic & recycling it into new products. Due to this, many companies are investing and launching new products made up of recycled plastic as part of their circular economy process.
Plastic Recycling Market Challenge:
Lack of Investment to Hinder the Market Expansion – Insufficient investment in plastic recycling infrastructure & technologies represents a critical challenge for the industry, impacting its growth & innovation. Despite the increasing global awareness of the environmental consequences of plastic waste, the allocation of capital to support recycling efforts has not kept pace with the burgeoning demand. This lack of investment hindered the expansion of recycling facilities and the development of cutting-edge technologies necessary to enhance the efficiency & quality of plastic recycling. As a result, the industry faces limitations in its ability to process larger volumes of plastic waste and meet the growing demand for recycled materials.
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Plastic Recycling Market Segmentation
The study categorizes the Plastic Recycling Market into various segments and sub-segments, each analyzed for its size, growth potential, and contribution to the overall industry.
By Source
- Bottles
- Films
- Fibers
- Foams
By Plastic Type
- Polyethylene Terephthalate (PET)
- Polyethylene (PE)
- Polypropylene (PP)
- Polyvinyl Chloride (PVC)
- Polystyrene (PS)
By Type
- Post-consumer Recyclates
- Industrial Recyclates
By Process
- Mechanical Recycling
- Chemical Recycling
By Application
- Packaging
- Building & Construction
- Textiles
- Automotive
- Electrical & Electronics
Geographical Analysis
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
The report presents detailed insights into the Plastic Recycling Market’s geographical expansion, highlighting key trends and opportunities across the following geographies:
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Leading Companies in Plastic Recycling Market Worldwide: Players, Analysis & Future Outlook
Veolia, Suez, KW Plastics, Jayplas, B. Schoenberg & Co., B&B Plastics, Green Line Polymers, Clear Path Recycling, Custom Polymers, and Plastipak Holdings, etc., are the top players in the Plastic Recycling Market.
Key Highlights of the Report
- Comprehensive Market Overview: In-depth analysis of market size, share, and forecasts from 2024 to 2030.
- Growth Drivers & Challenges: Clear insights into factors fueling or restraining market expansion.
- Investment & Regulatory Insights: Evaluation of key policies, funding trends, and collaborations influencing industry performance.
- Competitive Landscape: Detailed profiles of leading companies, including product portfolios, business strategies, financials, and recent developments such as mergers & acquisitions.
Analytical Tools: Application of SWOT Analysis, PESTEL Analysis, and Porter’s Five Forces Model to assess competition and external influences
Browse through our flexible pricing plans and choose the package that best fits your business needs whether you require a single-user license, corporate access, or customized insights. Once you select the plan that suits your requirements, you can purchase and instantly access the full report online – https://www.marknteladvisors.com/pricing/global-plastic-recycling-market.html
Frequently Asked Questions (FAQ)
- What is the projected growth rate of the Plastic Recycling Market?
2. What are the major factors driving this market’s growth?
3. Which regions are expected to lead the Plastic Recycling Market?
4. Who are the prominent players in the Plastic Recycling Market?
5. How is the competition structured in this market?
6. How can I access the full report?
About us:
MarkNtel Advisors is a global research and advisory firm with expertise across the energy industry, covering renewable energy, oil & gas, energy storage, and power generation. We deliver data-backed insights that assist energy producers, utilities, and investors in navigating regulatory transitions and emerging technologies. With Consulting Services, we help clients interpret market intelligence and design actionable strategies that accelerate decarbonization, enhance energy resilience, and ensure sustainable growth across global markets.
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Contact No: +91 8719999009
Email: [email protected]
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