Global Recycled Plastics Market Size & Outlook
The recycled plastics industry worldwide is expected to reach a projected revenue of US$ 91,296.8 million by 2030. A compound annual growth rate of 9.4% is expected of the worldwide recycled plastics industry from 2024 to 2030.
Revenue, 2023 (US$M)
$48,706.1
Forecast, 2030 (US$M)
$91,296.8
CAGR, 2024 - 2030
9.4%
Report Coverage
Worldwide
Global recycled plastics market, 2018-2030 (US$M)
Related Markets
Global recycled plastics market highlights
- The global recycled plastics market generated a revenue of USD 48,706.1 million in 2023 and is expected to reach USD 91,296.8 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 9.4% by 2030.
- In terms of segment, polyethylene accounted for a revenue of USD 13,030.8 million in 2023.
- Polypropylene is the most lucrative product 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, Saudi Arabia is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 48,706.1 million |
| Market revenue in 2030 | USD 91,296.8 million |
| Growth rate | 9.4% (CAGR from 2023 to 2030) |
| Largest segment | Polyethylene |
| Fastest growing segment | Polypropylene |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polyethylene, Polyethylene Terephthalate, Polypropylene, Polyvinyl Chloride, Polystyrene |
Other key industry trends
- In terms of revenue, the North America accounted for 19.4% of the global recycled plastics market in 2023.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, Saudi Arabia is the fastest growing regional market and is projected to reach USD 1,027.7 million by 2030.
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Recycled Plastics Market Scope
Recycled plastics market segmentation & scope
Recycled Plastics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global recycled 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 plastics market will help companies and investors design strategic landscapes.
polyethylene was the largest segment with a revenue share of 26.75% in 2023. Horizon Databook has segmented the Global recycled plastics market based on polyethylene, polyethylene terephthalate, polypropylene, polyvinyl chloride, polystyrene covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Recycled Plastics Product Outlook (Revenue, USD Million, 2018-2030)
- Polyethylene
- Polyethylene Terephthalate
- Polypropylene
- Polyvinyl Chloride
- Polystyrene
- Others
- Global Recycled Plastics Source Outlook (Revenue, USD Million, 2018-2030)
- Plastic Bottles
- Plastic Films
- Polymer Foam
- Others
- Global Recycled Plastics Application Outlook (Revenue, USD Million, 2018-2030)
- Building & Construction
- Packaging
- Electrical & Electronics
- Textiles
- Automotive
- Others
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Target buyers of Global recycled plastics market databook
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Our clientele includes a mix of recycled plastics market companies, investment firms, advisory firms & academic institutions.
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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 plastics market , including forecasts for subscribers. This global databook contains high-level insights into Global recycled plastics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global recycled plastics market statistics, by regions, 2018-2030 (US$M)
Top 10 countries: Recycled plastics market size, 2023 (USD Million)
Top 10 countries: Recycled plastics market size, 2023 (USD Million)
Global recycled plastics market, by region, 2023 (US$M)
Related regional statistics
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