(MENAFN- GlobeNewsWire - Nasdaq) The global plastics recycling market offers significant opportunities driven by innovation, stricter regulations, and commitments from industries like packaging and textiles. Technological advances, such as AI-enabled sorting, chemical recycling, and improved material handling, enhance efficiency and material quality, promoting circular economy adoption.Dublin, April 23, 2026 (GLOBE NEWSWIRE) -- The "Plastics Recycling: Global Markets" report has been added to ResearchAndMarkets's offering.
The global market for plastics recycling was valued at $47.9 billion in 2025 and is estimated to reach $67.6 billion by 2030, at a compound annual growth rate (CAGR) of 7.1% from 2025 through 2030.
This report provides an overview of the global plastics recycling market. The market is segmented based on type, technology, end-use industry, and region. The base year for this analysis is 2024, and market estimates and forecasts are provided from 2025 through 2030. The market estimates are provided in terms of revenue ($ million).
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Plastic recycling transforms used plastics into new products, benefiting the environment by conserving resources, reducing waste and carbon dioxide emissions, and decreasing the reliance on fossil fuels. It also creates jobs and economic growth, especially in countries with developing waste management systems.
Growing optimism and increasing public awareness are driving a surge in investment in the global plastics recycling market, leading to the development of innovative technologies and a greater adoption of circular economic practices. However, plastic recycling often faces economic challenges, as well as issues with contamination, sorting, and collection.
Polyethylene terephthalate held the largest market share in 2024 and is expected to see strong growth from 2025 to 2030, driven by stricter regulations and global commitments from consumer goods companies, retail brands, and apparel manufacturers. Investments in new plants by leading companies, along with improved large-scale efficiency, are advancing mechanical recycling technology. The packaging industry remains the largest end user of recycled plastic.
Technological Advances and Applications
New technological advances are revolutionizing the plastic recycling industry, leading to increased efficiency, improved material quality, and enhanced circularity. Advanced sorting technologies, such as AI-enabled optical sorters and near-infrared (NIR) systems, enable the more accurate identification and separation of plastic waste streams. Also, chemical recycling technologies, including depolymerization, pyrolysis, and solvent-based processes, have accelerated advances in handling of complex, multilayer, and other plastics that are challenging to recycle through traditional mechanical methods.
Automation, robotics, and data analytics are also being introduced into collection, sorting, and reprocessing operations to improve efficiency, reduce the amount of contaminated recycled products produced, and lower operational costs. In addition, advances in compatibilizers and additives are allowing recycled plastics to have improved performance when utilized in high-value applications, such as packaging, automotive, and consumer products.
Report Highlights
92 data tables and 43 additional tables Analysis of the global markets for plastic recycling technology Analyses of global market trends, with market revenue data from 2024, estimates for 2025, forecasts for 2028, and projected CAGRs through 2030 Estimate of the current market size and revenue growth prospects for global market, along with a market share analysis by resin type, technology, end-use industry and region Facts and figures pertaining to the market dynamics, current and emerging technologies, regulations, and future prospects for recycled plastics Review of the industry supply chain, using the Porter's Five Forces and PESTLE models, to analyze the prevailing micro- and macro environmental factors Patent review, featuring key granted and published patents An analysis of the industry structure, including companies' market shares, alliances, M&A activity and venture funding outlook Overview of sustainability trends and ESG developments, with emphasis on consumer attitudes, as well as the ESG risk ratings and practices of leading companies Company profiles of major players within the industry, including Veolia, Indorama Ventures Public Co. Ltd., Amcor plc, Plastipak Holdings Inc., Loop Industries, and revalyu
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 166 |
| Forecast Period | 2025 - 2030 |
| Estimated Market Value (USD) in 2025 | $47.9 Billion |
| Forecasted Market Value (USD) by 2030 | $67.6 Billion |
| Compound Annual Growth Rate | 7.1% |
| Regions Covered | Global |
Market Dynamics
Overview Market Drivers Rising Environmental Concerns and Sustainability Awareness Technological Advances in Plastic Recycling Processes Growing Demand from End Use Industries Market Restraints/Challenges High Contamination Levels in Collected Plastic Waste Lack of Adequate Collection and Sorting Infrastructure Market Opportunities Driving Circular Economy Growth Through Multi-Stakeholder Partnerships Government Regulations Promoting the Circular Economy and Recycled Content Mandates
Emerging Technologies and Developments
Emerging Technologies Delamination Technologies for Multi-Layer Plastics Food-Grade Recycling Technology Advanced PET Recycling Process Closed-Recycling Loop for Multi-Layer Packaging
Competitive Intelligence
Plastics Recycling Landscape Key Companies Positioning Strategic Initiatives
Company Profiles
Amcor Plc B & B Plastics Inc. Custom Polymers Envision Plastics Greenotechindia Indorama Ventures Public Co. Ltd. Kw Plastics Loop Industries Mba Polymers Inc. Plastipak Holdings Inc. Plastic Recycling Inc. Revalyu Seraphim Plastics The Shakti Plastic Industries Vanden Recycling Veolia
Market Overview
Definition: Plastics Recycling Industry Scenario: Plastics Recycling PESTLE Analysis Supply Chain Analysis Waste Collection and Raw Material Providers Recycling Processors (Manufacturers) Distribution and Logistics End Users Porter's Five Forces Analysis
Sustainability in Global Plastics Recycling Market: An ESG Perspective
Overview ESG Practices in the Plastics Recycling Market Environmental Exposure Social Exposure Governance Exposure Conclusion
Report Scope
Based on type, the plastics recycling market is segmented into the following:
Polyethylene terephthalate (PET). High-density polyethylene (HDPE). Low-density polyethylene (LDPE) and linear low-density polyethylene (LLDPE). Polypropylene (PP). Other plastics.
Based on technology, the plastics recycling market is segmented into the following:
Based on end-use industry, the plastics recycling market is segmented into the following:
Packaging. Construction. Transportation. Textile. Other end-use industries.
Based on region, the plastics recycling market is segmented into the following:
North America. Europe. Asia-Pacific. South America. Middle East Africa.
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Plastics Recycling Market
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