Global Chemical Recycling Of Plastics Market Size & Outlook
The chemical recycling of plastics industry worldwide is expected to reach a projected revenue of US$ 18,386.2 million by 2030. A compound annual growth rate of 4.9% is expected of the worldwide chemical recycling of plastics industry from 2024 to 2030.
Revenue, 2023 (US$M)
$13,148.3
Forecast, 2030 (US$M)
$18,386.2
CAGR, 2024 - 2030
4.9%
Report Coverage
Worldwide
Global chemical recycling of plastics market, 2018-2030 (US$M)
Related Markets
Global chemical recycling of plastics market highlights
- The global chemical recycling of plastics market generated a revenue of USD 13,148.3 million in 2023 and is expected to reach USD 18,386.2 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 4.9% by 2030.
- In terms of segment, depolymerization accounted for a revenue of USD 5,965.5 million in 2023.
- Depolymerization is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 13,148.3 million |
| Market revenue in 2030 | USD 18,386.2 million |
| Growth rate | 4.9% (CAGR from 2023 to 2030) |
| Largest segment | Depolymerization |
| Fastest growing segment | Depolymerization |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Depolymerization, Dissolution, Conversion |
Other key industry trends
- In terms of revenue, the North America accounted for 21.2% of the global chemical recycling of plastics market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, South Africa is the fastest growing regional market and is projected to reach USD 215.0 million by 2030.
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Chemical Recycling Of Plastics Market Scope
Chemical recycling of plastics market segmentation & scope
Chemical Recycling Of Plastics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
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 45.37% in 2023. 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)
- Depolymerization
- Dissolution
- Conversion
- Global Chemical Recycling Of Plastics Product Outlook (Revenue, USD Million, 2018-2030)
- PE
- PET
- PP
- PVC
- PS
- Others
- Global Chemical Recycling Of Plastics End Use Outlook (Revenue, USD Million, 2018-2030)
- Packaging
- Automotive
- Building & Construction
- Electrical & Electronics
- Textiles
- Others
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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 statistics, by regions, 2018-2030 (US$M)
Top 10 countries: Chemical recycling of plastics market size, 2023 (USD Million)
Top 10 countries: Chemical recycling of plastics market size, 2023 (USD Million)
Global chemical recycling of plastics market, by region, 2023 (US$M)
Related regional statistics
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