Brazil Microplastic Recycling Market Size & Outlook

The microplastic recycling market in Brazil is expected to reach a projected revenue of US$ 16.5 million by 2030. A compound annual growth rate of 8.6% is expected of Brazil microplastic recycling market from 2024 to 2030.

Revenue, 2023 (US$M)
$9.3
Forecast, 2030 (US$M)
$16.5
CAGR, 2024 - 2030
8.5%
Report Coverage
Brazil

Brazil microplastic recycling market highlights

  • The Brazil microplastic recycling market generated a revenue of USD 9.3 million in 2023 and is expected to reach USD 16.5 million by 2030.
  • The Brazil market is expected to grow at a CAGR of 8.6% from 2024 to 2030.
  • In terms of segment, secondary was the largest revenue generating product in 2023.
  • Primary is the most lucrative product segment registering the fastest growth during the forecast period.


Microplastic recycling market data book summary

Market revenue in 2023USD 9.3 million
Market revenue in 2030USD 16.5 million
Growth rate8.6% (CAGR from 2023 to 2030)
Largest segmentSecondary
Fastest growing segmentPrimary
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPrimary, Secondary
Key market players worldwideCarbios SA, PureCycle Technologies Inc Ordinary Shares, Calix Inc, Planet Labs PBC, Ocean Biomedical Inc, Ioniqa Technologies, PolyGone Systems, Inc, ECOFARIO, Oceanworks, Matter.


Other key industry trends

  • In terms of revenue, Brazil accounted for 3.3% of the global microplastic recycling market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Latin America, Brazil microplastic recycling 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 16.5 million by 2030.

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Microplastic Recycling Market Companies

Name Profile # Employees HQ Website

Brazil 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 78.49% in 2023. Horizon Databook has segmented the Brazil microplastic recycling market based on primary, secondary covering the revenue growth of each sub-segment from 2018 to 2030.


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  • Our clientele includes a mix of microplastic recycling market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil microplastic recycling market , including forecasts for subscribers. This country databook contains high-level insights into Brazil microplastic recycling market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Brazil microplastic recycling market size, by product, 2018-2030 (US$M)

Brazil Microplastic Recycling Market Outlook Share, 2023 & 2030 (US$M)

Brazil microplastic recycling market size, by product, 2018-2030 (US$M)

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