Global Mechanical & Chemical Recycling Of Polyethylene Market Size & Outlook

The global mechanical & chemical recycling of polyethylene market size was estimated at USD 17,240.4 million in 2024 and is projected to reach USD 30,144.4 million by 2030, growing at a CAGR of 10.3% from 2025 to 2030.
Revenue, 2024 (US$M)
$17,240.4
Forecast, 2030 (US$M)
$30,144.4
CAGR, 2025 - 2030
10.3%
Report Coverage
Worldwide

Global mechanical & chemical recycling of polyethylene market, 2018-2030 (US$M)

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Global mechanical & chemical recycling of polyethylene market highlights

  • The global mechanical & chemical recycling of polyethylene market generated a revenue of USD 17,240.4 million in 2024 and is expected to reach USD 30,144.4 million by 2030.
  • The market is expected to grow at a CAGR (2025 - 2030) of 10.3% by 2030.
  • In terms of segment, mechanical recycling accounted for a revenue of USD 11,812.4 million in 2024.
  • Chemical Recycling is the most lucrative recycling 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 17,240.4 million
Market revenue in 2030USD 30,144.4 million
Growth rate10.3% (CAGR from 2025 to 2030)
Largest segmentMechanical recycling
Fastest growing segmentChemical Recycling
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationMechanical Recycling, Chemical Recycling

Other key industry trends

  • In terms of revenue, the North America accounted for 21.1% of the global mechanical & chemical recycling of polyethylene 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 1,515.2 million by 2030.

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Mechanical & Chemical Recycling of Polyethylene Market Companies

Name Profile # Employees HQ Website
Plastic Energy View profile 101-250 London, England, United Kingdom, Europe https://plasticenergy.com/
Brightmark View profile 11-50 Markham, Ontario, Canada, North America https://brightmark.ca
Loop Industries View profile 51-100 Terrebonne, Quebec, Canada, North America https://www.loopindustries.com/en/
MBA Polymers View profile 251-500 Richmond, California, United States, North America http://www.mbapolymers.com
Plastipak Holdings View profile 5001-10000 Plymouth, Michigan, United States, North America http://www.plastipak.com/
Veolia View profile 10001+ Aubervilliers, Ile-de-France, France, Europe https://www.veolia.fr
KW Plastics View profile 251-500 Troy, Alabama, United States, North America https://www.kwplastics.com
Biffa View profile 5001-10000 High Wycombe, Buckinghamshire, United Kingdom, Europe https://www.biffa.co.uk
Agilyx ASA Ordinary Shares View profile 114 13240 SW Wall Street, Tigard, OR, United States, 97223 https://www.agilyx.com
Eastman Chemical Co View profile 14000 200 South Wilcox Drive, Kingsport, TN, United States, 37662 https://www.eastman.com
Dow Inc View profile 35900 2211 H.H. Dow Way, Midland, MI, United States, 48674 https://www.dow.com

Global mechanical & chemical recycling of polyethylene 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 mechanical & chemical recycling of polyethylene market will help companies and investors design strategic landscapes.


Mechanical recycling was the largest segment with a revenue share of 68.52% in 2024. Horizon Databook has segmented the Global mechanical & chemical recycling of polyethylene market based on mechanical recycling, chemical recycling covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Mechanical & Chemical Recycling of Polyethylene Recycling Type Outlook (Revenue, USD Million, 2018-2030)
    • Mechanical Recycling
    • Chemical Recycling
  • Global Mechanical & Chemical Recycling of Polyethylene Application Outlook (Revenue, USD Million, 2018-2030)
    • Packaging
    • Automotive
    • Building & Construction
    • Electrical & Electronics
    • Textile
    • Other Applications

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

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

Top 10 countries: Mechanical & chemical recycling of polyethylene market size, 2024 (US$M)

Global mechanical & chemical recycling of polyethylene market share, by recycling type, 2024 & 2030 (%, US$M)

Mechanical & chemical recycling of polyethylene market: Opportunity assessment by country

Global mechanical & chemical recycling of polyethylene market, by region, 2024 (US$M)

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

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