Global Recycled Ocean Plastics Market Size & Outlook
Global recycled ocean plastics market, 2019-2030 (US$M)
Related Markets
Global recycled ocean plastics market highlights
- The global recycled ocean plastics market generated a revenue of USD 1,754.2 million in 2023 and is expected to reach USD 2,913.2 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 7.5% by 2030.
- In terms of segment, polyethylene terephthalate (pet) accounted for a revenue of USD 646.2 million in 2023.
- Polystyrene (PS) is the most lucrative resin segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 1,754.2 million |
| Market revenue in 2030 | USD 2,913.2 million |
| Growth rate | 7.5% (CAGR from 2023 to 2030) |
| Largest segment | Polyethylene terephthalate (pet) |
| Fastest growing segment | Polystyrene (PS) |
| Historical data covered | 2019 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | High-density Polyethylene (HDPE), Low-density Polyethylene (LDPE), Polypropylene (PP), Polyethylene Terephthalate (PET), Polystyrene (PS), Polyvinyl chloride (PVC) |
Other key industry trends
- In terms of revenue, the North America accounted for 21.9% of the global recycled ocean plastics market in 2023.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, Canada is the fastest growing regional market and is projected to reach USD 49.5 million by 2030.
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Recycled Ocean Plastics Market Scope
Recycled Ocean Plastics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Econyl | View profile | 1001-5000 | Trento, Trentino-Alto Adige, Italy, Europe | https://www.econyl.com/ |
| Parley | View profile | 11-50 | New York, New York, United States, North America | https://parley.tv |
| POPSICASE | View profile | - | Barcelona, Catalonia, Spain, Europe | https://www.popsicase.com/ |
| Plastixs | View profile | 1-10 | Shrewsbury, Massachusetts, United States, North America | https://plastixs.com |
| Tide Ocean | View profile | 51-100 | Basel, Basel-Stadt, Switzerland, Europe | https://www.tide.earth |
| Bureo Skateboards | View profile | 1-10 | Santiago, Region Metropolitana, Chile, South America | https://bureo.co/ |
| Bionic | View profile | 101-250 | Palo Alto, California, United States, North America | https://bionic.ai |
| Waterhaul | View profile | 1-10 | Newquay, Cornwall, United Kingdom, Europe | https://waterhaul.co/ |
| SeQual Technologies | View profile | 501-1000 | San Diego, California, United States, North America | http://www.sequal.com |
| Textil Santanderina | View profile | 251-500 | Cabezón De La Sal, Cantabria, Spain, Europe | https://textilsantanderina.com/ |
| Oceanus | View profile | 51-100 | San Francisco, California, United States, North America | - |
| The Ocean Cleanup | View profile | 51-100 | Rotterdam, Zuid-Holland, The Netherlands, Europe | http://www.theoceancleanup.com |
| Ocean Plastics | View profile | 251-500 | Wanhua, T'ai-pei, Taiwan, Asia | http://www.opc.com.tw/ |
| Oceanworks | View profile | 11-50 | Los Angeles, California, United States, North America | https://oceanworks.co |
| Aquafil SpA | View profile | 2637 | Via Linfano, 9, Arco, Trento, Italy, 38062 | https://www.aquafil.com |
| Eurotech Ltd | View profile | 7 | 10306 Eaton Place, Suite 220, Fairfax, VA, United States, 22030 | http://www.eurotechltd.com |
| Globus Medical Inc Class A | View profile | 5000 | 2560 General Armistead Avenue, Audubon, PA, United States, 19403 | https://www.globusmedical.com |
| Mitek Systems Inc | View profile | 590 | 600 B Street, Suite 100, San Diego, CA, United States, 92101 | https://www.miteksystems.com |
| Simpson Manufacturing Co Inc | View profile | 5497 | 5956 W. Las Positas Boulevard, Pleasanton, CA, United States, 94588 | https://www.simpsonmfg.com |
Global recycled ocean 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 recycled ocean plastics market will help companies and investors design strategic landscapes.
Polyethylene terephthalate (pet) was the largest segment with a revenue share of 36.84% in 2023. Horizon Databook has segmented the Global recycled ocean plastics market based on high-density polyethylene (hdpe), low-density polyethylene (ldpe), polypropylene (pp), polyethylene terephthalate (pet), polystyrene (ps), polyvinyl chloride (pvc) covering the revenue growth of each sub-segment from 2019 to 2030.
- Global Recycled Ocean Plastics Resin Outlook (Revenue, USD Million, 2019-2030)
- High-density Polyethylene (HDPE)
- Low-density Polyethylene (LDPE)
- Polypropylene (PP)
- Polyvinyl chloride (PVC)
- Polystyrene (PS)
- Polyethylene Terephthalate (PET)
- Others
- Global Recycled Ocean Plastics Dimension Outlook (Revenue, USD Million, 2019-2030)
- Microplastics
- Mesoplastics
- Macroplastics
- Megaplastics
- Global Recycled Ocean Plastics Source Outlook (Revenue, USD Million, 2019-2030)
- Plastics Bags
- Straws & Stirrers
- Fishing Line
- Plastic beverage holder (six rings)
- Other
- Plastic Bottle
- Global Recycled Ocean Plastics Application Outlook (Revenue, USD Million, 2019-2030)
- Footwear
- Interiors
- Bags & Luggage
- Apparel
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Target buyers of Global recycled ocean plastics market databook
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Our clientele includes a mix of recycled ocean plastics 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 recycled ocean plastics market, including forecasts for subscribers. This global databook contains high-level insights into Global recycled ocean plastics market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global recycled ocean plastics market report size, by regions, 2019-2030 (US$M)
Top 10 countries: Recycled ocean plastics market report size, 2023 (US$M)
Global recycled ocean plastics market report share, by resin, 2023 & 2030 (%, US$M)
Recycled ocean plastics market: Opportunity assessment by country
Global recycled ocean plastics market, by region, 2023 (US$M)
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