Global Chemical Recycling Of Plastics Market Size & Outlook

The global chemical recycling of plastics market size was estimated at USD 15,710.6 million in 2024 and is projected to reach USD 26,878.2 million by 2030, growing at a CAGR of 9.4% from 2025 to 2030.
Revenue, 2024 (US$M)
$15,710.6
Forecast, 2030 (US$M)
$26,878.2
CAGR, 2025 - 2030
9.4%
Report Coverage
Worldwide

Global chemical recycling of plastics market, 2018-2030 (US$M)

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Global chemical recycling of plastics market highlights

  • The global chemical recycling of plastics market generated a revenue of USD 15,710.6 million in 2024 and is expected to reach USD 26,878.2 million by 2030.
  • The market is expected to grow at a CAGR (2025 - 2030) of 9.4% by 2030.
  • In terms of segment, depolymerization accounted for a revenue of USD 7,133.8 million in 2024.
  • Depolymerization is the most lucrative type segment registering the fastest growth during the forecast period.
  • In terms of region, Europe was the largest revenue generating market in 2024.
  • Country-wise, UK is expected to register the highest CAGR from 2025 to 2030.

Global data book summary

Market revenue in 2024USD 15,710.6 million
Market revenue in 2030USD 26,878.2 million
Growth rate9.4% (CAGR from 2025 to 2030)
Largest segmentDepolymerization
Fastest growing segmentDepolymerization
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationDepolymerization, Dissolution, Conversion

Other key industry trends

  • In terms of revenue, the North America accounted for 21.1% of the global chemical recycling of plastics market in 2024.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, UK is the fastest growing regional market and is projected to reach USD 1,351.0 million by 2030.

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Chemical Recycling Of Plastics Market Companies

Name Profile # Employees HQ Website
JEPLAN View profile 101-250 Tokyo, Tokyo, Japan, Asia http://www.jeplan.co.jp/en
Recycling Technologies View profile 51-100 Swindon, Wiltshire, United Kingdom, Europe https://recyclingtechnologies.co.uk/
Maire Tecnimont View profile 5001-10000 Milan, Lombardia, Italy, Europe https://www.mairetecnimont.com/en/home
Agilyx ASA Ordinary Shares View profile 114 13240 SW Wall Street, Tigard, OR, United States, 97223 https://www.agilyx.com
INEOS View profile 10001+ Rolle, Geneve, Switzerland, Europe http://www.ineos.com/
SABIC View profile 10001+ Riyadh, Ar Riyad, Saudi Arabia, Asia http://www.sabic.com
Eastman Chemical Co View profile 14000 200 South Wilcox Drive, Kingsport, TN, United States, 37662 https://www.eastman.com
Veolia Environnement SA View profile 218288 30, rue Madeleine Vionnet, Aubervilliers, France, 93300 https://www.veolia.com
LyondellBasell Industries NV Class A View profile 20000 One Vine Street, 4th Floor, London, United Kingdom, W1J0AH https://www.lyondellbasell.com
Basf SE View profile 111855 Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 https://www.basf.com

Global chemical recycling of plastics market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to chemical recycling of plastics market will help companies and investors design strategic landscapes.


Depolymerization was the largest segment with a revenue share of 45.41% in 2024. Horizon Databook has segmented the Global chemical recycling of plastics market based on depolymerization, dissolution, conversion covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Chemical Recycling Of Plastics Type Outlook (Revenue, USD Million, 2018-2030)
    • Conversion
    • Depolymerization
    • Dissolution
  • Global Chemical Recycling Of Plastics Product Outlook (Revenue, USD Million, 2018-2030)
    • Polypropylene (PP)
    • Polyethylene (PE)
    • Polyethylene Terephthalate (PET)
    • Others
    • Polyvinyl Chloride (PVC)
    • Polystyrene (PS)
  • Global Chemical Recycling Of Plastics End Use Outlook (Revenue, USD Million, 2018-2030)
    • Packaging
    • Automotive
    • Textiles
    • Building & Construction
    • Others
    • Electrical & Electronics

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Horizon Databook provides a detailed overview of global-level data and insights on the Global chemical recycling of plastics market , including forecasts for subscribers. This global databook contains high-level insights into Global chemical recycling of plastics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global chemical recycling of plastics market size, by regions, 2018-2030 (US$M)

Top 10 countries: Chemical recycling of plastics market size, 2024 (US$M)

Global chemical recycling of plastics market share, by product, 2024 & 2030 (%, US$M)

Chemical recycling of plastics market: Opportunity assessment by country

Global chemical recycling of plastics market, by region, 2024 (US$M)

Global chemical recycling of plastics market size, by regions, 2018-2030 (US$M)

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