Asia Pacific Plastic Recycling Services Market Size & Outlook
The plastic recycling services market in Asia Pacific is expected to reach a projected revenue of US$ 8,205.7 million by 2030. A compound annual growth rate of 14.1% is expected of Asia Pacific plastic recycling services market from 2025 to 2030.
Revenue, 2024 (US$M)
$3,739.1
Forecast, 2030 (US$M)
$8,205.7
CAGR, 2025 - 2030
14.1%
Report Coverage
Asia Pacific
Related Markets
Asia Pacific plastic recycling services market highlights
- The Asia Pacific plastic recycling services market generated a revenue of USD 3,739.1 million in 2024.
- The market is expected to grow at a CAGR of 14.1% from 2025 to 2030.
- In terms of segment, mechanical recycling was the largest revenue generating process in 2024.
- Chemical Recycling is the most lucrative process segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2025 to 2030.
Asia Pacific data book summary
| Market revenue in 2024 | USD 3,739.1 million |
| Market revenue in 2030 | USD 8,205.7 million |
| Growth rate | 14.1% (CAGR from 2025 to 2030) |
| Largest segment | Mechanical recycling |
| Fastest growing segment | Chemical Recycling |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Mechanical Recycling, Chemical Recycling |
| Key market players worldwide | Deluxe Corp, The Shakti Plastic Industries, KW Plastics, PureCycle Technologies Inc Ordinary Shares, PELLENC Selective Technologies, Banyan Nation |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 30.1% of the global plastic recycling services market in 2024.
- Globally, Asia Pacific 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 8,205.7 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Plastic Recycling Services Market Scope
Plastic recycling services market segmentation & scope
Plastic Recycling Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| PELLENC Selective Technologies | View profile | 101-250 | Pertuis, Provence-Alpes-Cote d'Azur, France, Europe | http://www.pellencst.com/ |
| KW Plastics | View profile | 251-500 | Troy, Alabama, United States, North America | https://www.kwplastics.com |
| Banyan Nation | View profile | 101-250 | Hyderabad, Andhra Pradesh, India, Asia | http://www.banyannation.com/ |
| Deluxe Corp | View profile | 5170 | 801 South, Marquette Avenue, Minneapolis, MN, United States, 55402-2807 | https://www.deluxe.com |
| The Shakti Plastic Industries | View profile | - | Mumbai, Maharashtra, India, Asia | https://www.shaktiplasticinds.com/ |
| PureCycle Technologies Inc Ordinary Shares | View profile | 146 | 5950 Hazeltine National Drive, Suite 300, Orlando, FL, United States, 32822 | https://www.purecycle.com |
Asia Pacific plastic recycling services market size, by country, 2018-2030 (US$M)
Asia Pacific Plastic Recycling Services Market Outlook Share, 2024 & 2030 (US$M)
Related industry reports
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
