Global Microplastic Recycling Market Size & Outlook
The microplastic recycling industry worldwide is expected to reach a projected revenue of US$ 448.5 million by 2030. A compound annual growth rate of 6.8% is expected of the worldwide microplastic recycling industry from 2024 to 2030.
Revenue, 2023 (US$M)
$283.6
Forecast, 2030 (US$M)
$448.5
CAGR, 2024 - 2030
6.8%
Report Coverage
Worldwide
Global microplastic recycling market, 2018-2030 (US$M)
Related Markets
Global microplastic recycling market highlights
- The global microplastic recycling market generated a revenue of USD 283.6 million in 2023 and is expected to reach USD 448.5 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 6.8% by 2030.
- In terms of segment, secondary accounted for a revenue of USD 216.5 million in 2023.
- Primary is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2023.
- Country-wise, France is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 283.6 million |
| Market revenue in 2030 | USD 448.5 million |
| Growth rate | 6.8% (CAGR from 2023 to 2030) |
| Largest segment | Secondary |
| Fastest growing segment | Primary |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Primary, Secondary |
Other key industry trends
- In terms of revenue, the North America accounted for 28.4% of the global microplastic recycling market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, France is the fastest growing regional market and is projected to reach USD 20.3 million by 2030.
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Microplastic Recycling Market Scope
Microplastic recycling market segmentation & scope
Microplastic Recycling Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global microplastic recycling 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 microplastic recycling market will help companies and investors design strategic landscapes.
secondary was the largest segment with a revenue share of 76.34% in 2023. Horizon Databook has segmented the Global microplastic recycling market based on primary, secondary covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Microplastic Recycling Product Outlook (Revenue, USD Million, 2018-2030)
- Primary
- Secondary
- Global Microplastic Recycling Application Outlook (Revenue, USD Million, 2018-2030)
- Packaging
- Agriculture
- Consumer goods
- Textile
- Automotive & Transportation
- Building & Construction
- Others
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Our clientele includes a mix of microplastic recycling market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global microplastic recycling market , including forecasts for subscribers. This global databook contains high-level insights into Global microplastic recycling market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global microplastic recycling market statistics, by region, 2018-2030 (US$M)
Top 10 countries: Microplastic recycling market size, 2023 (USD Million)
Top 10 countries: Microplastic recycling market size, 2023 (USD Million)
Global microplastic recycling market, by region, 2023 (US$M)
Related regional statistics
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