China Recycled Plastics Market Size & Outlook, 2026-2033

The recycled plastics market in China is expected to reach a projected revenue of US$ 34,214.8 million by 2033. A compound annual growth rate of 11.3% is expected of China recycled plastics market from 2026 to 2033.
Revenue, 2025 (US$M)
$14,689.2
Forecast, 2033 (US$M)
$34,214.8
CAGR, 2026 - 2033
11.3%
Report Coverage
China

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China recycled plastics market, 2021-2033 (US$M)

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China recycled plastics market highlights

  • The China recycled plastics market generated a revenue of USD 14,689.2 million in 2025 and is expected to reach USD 34,214.8 million by 2033.
  • The China market is expected to grow at a CAGR of 11.3% from 2026 to 2033.
  • In terms of segment, polypropylene was the largest revenue generating product in 2025.
  • Polyethylene Terephthalate is the most lucrative product segment registering the fastest growth during the forecast period.


Recycled plastics market data book summary

Market revenue in 2025USD 14,689.2 million
Market revenue in 2033USD 34,214.8 million
Growth rate11.3% (CAGR from 2026 to 2033)
Largest segmentPolypropylene
Fastest growing segmentPolyethylene Terephthalate
Historical data2021 - 2024
Base year2025
Forecast period2026 - 2033
Quantitative unitsRevenue in USD million
Market segmentationPolyethylene, Polyethylene Terephthalate, Polypropylene, Polyvinyl Chloride, Polystyrene
Key market players worldwideRethmann AG & Co. KG, Biffa, Stericycle Inc, Republic Services Inc, Waste Management Inc, Veolia Environnement SA, Shell PLC, Waste Connections Inc, Clean Harbors Inc, Covestro AG


Other key industry trends

  • In terms of revenue, China accounted for 24.2% of the global recycled plastics market in 2025.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2033.
  • In Asia Pacific, China recycled plastics market is projected to lead the regional market in terms of revenue in 2033.
  • China is the fastest growing regional market in Asia Pacific and is projected to reach USD 34,214.8 million by 2033.

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Recycled Plastics Market Companies

Name Profile # Employees HQ Website
Stericycle Inc View profile 13500 2355 Waukegan Road, Bannockburn, IL, United States, 60015 https://www.stericycle.com
Waste Connections Inc View profile 22539 6220 Highway 7, Suite 600, Woodbridge, Vaughan, ON, Canada, L4H 4G3 https://www.wasteconnections.com
Biffa View profile 5001-10000 High Wycombe, Buckinghamshire, United Kingdom, Europe https://www.biffa.co.uk
Rethmann AG & Co. KG View profile 251-500 Selm, Nordrhein-Westfalen, Germany, Europe https://www.rethmann-gruppe.de
Republic Services Inc View profile 41000 18500 North Allied Way, Phoenix, AZ, United States, 85054 https://www.republicservices.com
Clean Harbors Inc View profile 21539 42 Longwater Drive, Norwell, MA, United States, 02061-9149 https://www.cleanharbors.com
Waste Management Inc View profile 48000 800 Capitol Street, Suite 3000, Houston, TX, United States, 77002 https://www.wm.com
Shell PLC View profile 100000 Shell Centre, London, United Kingdom, SE1 7NA https://www.shell.com
Veolia Environnement SA View profile 218288 30, rue Madeleine Vionnet, Aubervilliers, France, 93300 https://www.veolia.com
Covestro AG View profile 17520 Kaiser-Wilhelm-Allee 60, Leverkusen, NW, Germany, 51373 https://www.covestro.com/en

China 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.


Polypropylene was the largest segment with a revenue share of 33.31% in 2025. Horizon Databook has segmented the China recycled plastics market based on polyethylene, polyethylene terephthalate, polypropylene, polyvinyl chloride, polystyrene covering the revenue growth of each sub-segment from 2021 to 2033.


China recycled plastics market is a well-established one. However, the ban on import of 24 types of plastic waste is expected to hamper the growth of recycled plastics market in the country. China was the largest importer of plastics waste in the world before banning in December 2018.

Citing environment and health concerns at the World Trade Organization in July 2017, the country announced that it is going to stop the import of 24 types of waste, 5 of which were different types of plastics.

After the ban on import of plastic waste, the Chinese government is investing in developing plastic recycling facilities in other countries. Recently, Chinese Global Recycling company has invested USD 15 million in Georgia to develop a plastic recycling facility. Precious Plastic Shanghai, Kuusakoski, ANDRITZ, and Fukutomi Recycling Ltd. are some of the companies engaged in plastic recycling in the country.

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Target buyers of China recycled plastics market databook

  • Our clientele includes a mix of recycled plastics 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.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of country-level data and insights on the China recycled plastics market , including forecasts for subscribers. This country databook contains high-level insights into China recycled plastics market from 2021 to 2033, including revenue numbers, major trends, and company profiles.

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China recycled plastics market size, by product, 2021-2033 (US$M)

China Recycled Plastics Market Outlook Share, 2025 & 2033 (US$M)

China recycled plastics market size, by product, 2021-2033 (US$M)

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