Global Recycled Ocean Plastics Market Size & Outlook
The recycled ocean plastics industry worldwide is expected to reach a projected revenue of US$ 2,913.2 million by 2030. A compound annual growth rate of 7.5% is expected of the worldwide recycled ocean plastics industry from 2024 to 2030.
Revenue, 2023 (US$M)
$1,754.2
Forecast, 2030 (US$M)
$2,913.2
CAGR, 2024 - 2030
7.5%
Report Coverage
Worldwide
Global recycled ocean plastics market, 2019-2030 (US$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 segmentation & scope
Others
Other
Recycled Ocean Plastics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
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)
- Polyethylene Terephthalate (PET)
- Polystyrene (PS)
- Polyvinyl chloride (PVC)
- 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)
- Plastic Bottle
- Plastics Bags
- Fishing Line
- Straws & Stirrers
- Plastic beverage holder (six rings)
- Other
- Global Recycled Ocean Plastics Application Outlook (Revenue, USD Million, 2019-2030)
- Apparel
- Footwear
- Interiors
- Bags & Luggage
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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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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 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 statistics, by regions, 2019-2030 (US$M)
Top 10 countries: Recycled ocean plastics market report size, 2023 (USD Million)
Top 10 countries: Recycled ocean plastics market report size, 2023 (USD Million)
Global recycled ocean plastics market, by region, 2023 (US$M)
Related regional statistics
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