Global Solvent-based Plastic Recycling Market Size & Outlook

The solvent-based plastic recycling industry worldwide is expected to reach a projected revenue of US$ 965.1 million by 2030. A compound annual growth rate of 6.4% is expected of the worldwide solvent-based plastic recycling industry from 2025 to 2030.

Revenue, 2024 (US$M)
$664.2
Forecast, 2030 (US$M)
$965.1
CAGR, 2025 - 2030
6.4%
Report Coverage
Worldwide

Global solvent-based plastic recycling market highlights

  • The global solvent-based plastic recycling market generated a revenue of USD 664.2 million in 2024 and is expected to reach USD 965.1 million by 2030.
  • The market is expected to grow at a CAGR (2025 - 2030) of 6.4% by 2030.
  • In terms of segment, polystyrene accounted for a revenue of USD 310.6 million in 2024.
  • Polyethylene is the most lucrative product segment registering the fastest growth during the forecast period.
  • In terms of region, Europe was the largest revenue generating market in 2024.
  • Country-wise, Mexico is expected to register the highest CAGR from 2025 to 2030.

Global data book summary

Market revenue in 2024USD 664.2 million
Market revenue in 2030USD 965.1 million
Growth rate6.4% (CAGR from 2024 to 2030)
Largest segmentPolystyrene
Fastest growing segmentPolyethylene
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPolystyrene, Polyethylene Terephthalate, Polyethylene, Polyvinyl Chloride, Polypropylene

Other key industry trends

  • In terms of revenue, the North America accounted for 21.4% of the global solvent-based plastic recycling market in 2024.
  • By country, the Germany is projected to lead the global market in terms of revenue in 2030.
  • By country, Mexico is the fastest growing regional market and is projected to reach USD 23.1 million by 2030.

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Solvent-based Plastic Recycling Market Companies

Name Profile # Employees HQ Website

Global solvent-based plastic recycling 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 solvent-based plastic recycling market will help companies and investors design strategic landscapes.


polystyrene was the largest segment with a revenue share of 46.76% in 2024. Horizon Databook has segmented the Global solvent-based plastic recycling market based on polystyrene, polyethylene terephthalate, polyethylene, polyvinyl chloride, polypropylene covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Solvent-based Plastic Recycling Product Outlook (Revenue, USD Million, 2018-2030)
    • Polystyrene
    • Polyethylene Terephthalate
    • Polyethylene
    • Polyvinyl Chloride
    • Polypropylene
    • Others
  • Global Solvent-based Plastic Recycling Application Outlook (Revenue, USD Million, 2018-2030)
    • Building & Construction
    • Packaging
    • Electrical & Electronics
    • Textiles
    • Automotive
    • Others

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Horizon Databook provides a detailed overview of global-level data and insights on the Global solvent-based plastic recycling market , including forecasts for subscribers. This global databook contains high-level insights into Global solvent-based plastic recycling market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global solvent based plastic recycling market statistics, by region, 2018-2030 (US$M)

Top 10 countries: Solvent based plastic recycling market size, 2024 (USD Million)

Top 10 countries: Solvent based plastic recycling market size, 2024 (USD Million)

Global solvent-based plastic recycling market, by region, 2024 (US$M)

Global solvent based plastic recycling market statistics, by region, 2018-2030 (US$M)

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