Asia Pacific Solvent-based Plastic Recycling Market Size & Outlook
Asia Pacific solvent-based plastic recycling market, 2018-2030 (US$M)
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Asia Pacific solvent-based plastic recycling market highlights
- The Asia Pacific solvent-based plastic recycling market generated a revenue of USD 41.3 million in 2024.
- The market is expected to grow at a CAGR of 10% from 2025 to 2030.
- In terms of segment, polystyrene was the largest revenue generating product in 2024.
- Polyethylene is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
Asia Pacific data book summary
| Market revenue in 2024 | USD 41.3 million |
| Market revenue in 2030 | USD 73.1 million |
| Growth rate | 10% (CAGR from 2024 to 2030) |
| Largest segment | Polystyrene |
| Fastest growing segment | Polyethylene |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polystyrene, Polyethylene Terephthalate, Polyethylene, Polyvinyl Chloride, Polypropylene |
| Key market players worldwide | Solvay SA, Sulzer AG, Trinseo PLC, Procter & Gamble Co, PureCycle Technologies Inc Ordinary Shares, APK, Fraunhofer-Gesellschaft, Saperatec |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 6.2% of the global solvent-based plastic recycling market in 2024.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 73.1 million by 2030.
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Solvent-based Plastic Recycling Market Scope
Solvent-based Plastic Recycling Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific 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 46.97% in 2024. Horizon Databook has segmented the Asia Pacific 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.
Asia Pacific solvent-based plastic recycling market is expected to witness considerable growth over the forecast period. Rising demand from various industries such as building & construction, packaging, electrical & electronics, textiles, and automotive, which are more inclined toward the adoption of solvent-based recycled plastics, is expected to boost the market growth.
Furthermore, the easy availability of raw materials has provided a huge opportunity for the use of solvent-based plastic recycling-based products in various end-use sectors such as construction, automotive, paints & coatings, and others.
Low labor cost in emerging nations of Asia Pacific has attracted many foreign investors to set up their manufacturing facilities here. Thus, the growing number of manufacturing facilities is boosting construction activities in the region, which, in turn, is anticipated to propel the demand for solvent-based plastic recycling over the forecast period.
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Target buyers of Asia Pacific solvent-based plastic recycling market databook
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Our clientele includes a mix of solvent-based plastic recycling 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 continent-level data and insights on the Asia Pacific solvent-based plastic recycling market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific solvent-based plastic recycling market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific solvent-based plastic recycling market size, by country, 2018-2030 (US$M)
Asia Pacific Solvent-based Plastic Recycling Market Outlook Share, 2024 & 2030 (US$M)
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