France Chemical Recycling Of Plastics Market Size & Outlook
France chemical recycling of plastics market, 2018-2030 (US$M)
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France chemical recycling of plastics market highlights
- The France chemical recycling of plastics market generated a revenue of USD 737.4 million in 2023 and is expected to reach USD 1,051.6 million by 2030.
- The France market is expected to grow at a CAGR of 5.2% 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 737.4 million |
| Market revenue in 2030 | USD 1,051.6 million |
| Growth rate | 5.2% (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, France accounted for 5.6% 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 Europe, Germany chemical recycling of plastics market is projected to lead the regional market in terms of revenue in 2030.
- Denmark is the fastest growing regional market in Europe and is projected to reach USD 694.9 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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France 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 45.01% in 2023. Horizon Databook has segmented the France chemical recycling of plastics market based on depolymerization, dissolution, conversion covering the revenue growth of each sub-segment from 2018 to 2030.
The French government has introduced anti-waste laws to tackle waste generation in the country, which includes plastics, textiles, and other products. These laws are intended to promote the circular economy introduced by the European Union to tackle plastic waste in the European countries.
In January 2022, the French government and the Eastman Chemical Company along with its subsidiaries jointly announced plans to set up a USD 1.0 billion material-to material molecular recycling facility in Normandy, France.
In June 2023, Indorama Ventures Public Company Limited and Carbios announced a joint venture to build an enzymatic-based PET chemical recycling plant at Indorama Ventures Public Company Limited’s PET production site in Longlaville, Meurthe-et-Moselle. Such initiatives are expected to fuel the growth of the chemical recycling of plastics market in France.
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Horizon Databook provides a detailed overview of country-level data and insights on the France chemical recycling of plastics market , including forecasts for subscribers. This country databook contains high-level insights into France chemical recycling of plastics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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France chemical recycling of plastics market size, by type, 2018-2030 (US$M)
France Chemical Recycling Of Plastics Market Outlook Share, 2023 & 2030 (US$M)
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