Argentina Chemical Recycling Of Plastics Market Size & Outlook
Argentina chemical recycling of plastics market, 2018-2030 (US$M)
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Argentina chemical recycling of plastics market highlights
- The Argentina chemical recycling of plastics market generated a revenue of USD 520.1 million in 2023 and is expected to reach USD 702.2 million by 2030.
- The Argentina market is expected to grow at a CAGR of 4.4% from 2024 to 2030.
- In terms of segment, depolymerization was the largest revenue generating type in 2023.
- Depolymerization is the most lucrative type segment registering the fastest growth during the forecast period.
Chemical recycling of plastics market data book summary
| Market revenue in 2023 | USD 520.1 million |
| Market revenue in 2030 | USD 702.2 million |
| Growth rate | 4.4% (CAGR from 2023 to 2030) |
| Largest segment | Depolymerization |
| Fastest growing segment | Depolymerization |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Depolymerization, Dissolution, Conversion |
| Key market players worldwide | Agilyx ASA Ordinary Shares, Basf SE, INEOS, Veolia Environnement SA, Eastman Chemical Co, SABIC, LyondellBasell Industries NV Class A, Maire Tecnimont, Recycling Technologies, JEPLAN |
Other key industry trends
- In terms of revenue, Argentina accounted for 4.0% of the global chemical recycling of plastics market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil chemical recycling of plastics market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 943.1 million by 2030.
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Chemical Recycling Of Plastics Market Scope
Chemical Recycling Of Plastics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina 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 46.16% in 2023. Horizon Databook has segmented the Argentina chemical recycling of plastics market based on depolymerization, dissolution, conversion covering the revenue growth of each sub-segment from 2018 to 2030.
The introduction of recyclable packaging solutions in Argentina's packaging industry is poised to drive growth in the country's market. As manufacturers embrace eco-friendly packaging alternatives that prioritize recyclability, the demand for high-quality recycled plastics is anticipated to surge during the forecast period.
Danone's Villavicencio water brand in Argentina. The new packaging not only enhances sustainability efforts but also ensures no potential contaminants in the recycled resin, thereby increasing the yields of recycled PET resin.
In addition, in 2021, Buenos Aires, the capital city of Argentina, established the Circular Economy Network, a collaborative initiative comprising over 300 private and public sector organizations. This network aims to foster recycling efforts, promote resource reuse across various industries, and encourage responsible consumption practices.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina chemical recycling of plastics market , including forecasts for subscribers. This country databook contains high-level insights into Argentina chemical recycling of plastics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina chemical recycling of plastics market size, by type, 2018-2030 (US$M)
Argentina Chemical Recycling Of Plastics Market Outlook Share, 2023 & 2030 (US$M)
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