Asia Pacific Mechanical Recycling Of Plastics Market Size & Outlook
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Asia Pacific mechanical recycling of plastics market highlights
- The Asia Pacific mechanical recycling of plastics market generated a revenue of USD 10,098.6 million in 2024.
- The market is expected to grow at a CAGR of 10.3% from 2025 to 2030.
- In terms of segment, polyethylene (pe) was the largest revenue generating product in 2024.
- Polyethylene (PE) is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
Asia Pacific data book summary
| Market revenue in 2024 | USD 10,098.6 million |
| Market revenue in 2030 | USD 17,657.5 million |
| Growth rate | 10.3% (CAGR from 2025 to 2030) |
| Largest segment | Polyethylene (pe) |
| Fastest growing segment | Polyethylene (PE) |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polyethylene (PE), Polyethylene Terephathalate (PET), Polypropylene (PP), Polyvinyl Chloride, Polystyrene |
| Key market players worldwide | Basf SE, Tomra Systems ASA, Trinseo PLC, TotalEnergies SE, Eastman Chemical Co, Dow Inc, Coperion, Covestro AG, LG Chem, LyondellBasell Industries NV Class A |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 27.1% of the global mechanical recycling of plastics market in 2024.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 17,657.5 million by 2030.
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Mechanical Recycling of Plastics Market Scope
Mechanical Recycling of Plastics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Coperion | View profile | 1001-5000 | Stuttgart, Baden-Wurttemberg, Germany, Europe | http://www.coperion.com |
| Tomra Systems ASA | View profile | 5400 | Drengsrudhagen 2, Asker, Norway, 1385 | https://www.tomra.com |
| LG Chem | View profile | 10001+ | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | https://www.lgchem.com |
| TotalEnergies SE | View profile | 100000 | 2, Place Jean Millier, La Defense 6, Courbevoie, France, 92400 | https://www.totalenergies.com |
| Eastman Chemical Co | View profile | 14000 | 200 South Wilcox Drive, Kingsport, TN, United States, 37662 | https://www.eastman.com |
| LyondellBasell Industries NV Class A | View profile | 20000 | One Vine Street, 4th Floor, London, United Kingdom, W1J0AH | https://www.lyondellbasell.com |
| Covestro AG | View profile | 17520 | Kaiser-Wilhelm-Allee 60, Leverkusen, NW, Germany, 51373 | https://www.covestro.com/en |
| Trinseo PLC | View profile | 3100 | 440 East Swedesford Road, Suite 301, Wayne, PA, United States, 19087 | https://www.trinseo.com |
| Dow Inc | View profile | 35900 | 2211 H.H. Dow Way, Midland, MI, United States, 48674 | https://www.dow.com |
| Basf SE | View profile | 111855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | https://www.basf.com |
Asia Pacific mechanical 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 mechanical recycling of plastics market will help companies and investors design strategic landscapes.
Polyethylene (pe) was the largest segment with a revenue share of 35.09% in 2024. Horizon Databook has segmented the Asia Pacific mechanical recycling of plastics market based on polyethylene (pe), polyethylene terephathalate (pet), polypropylene (pp), polyvinyl chloride, polystyrene covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Asia Pacific mechanical recycling of plastics market databook
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Our clientele includes a mix of mechanical recycling of plastics market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific mechanical recycling of plastics market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific mechanical recycling of plastics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Asia Pacific mechanical recycling of plastics market size, by country, 2018-2030 (US$M)
Asia Pacific Mechanical Recycling of Plastics Market Outlook Share, 2024 & 2030 (US$M)
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