Europe Solvent-based Plastic Recycling Market Size & Outlook
Europe solvent-based plastic recycling market, 2018-2030 (US$M)
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Europe solvent-based plastic recycling market highlights
- The Europe solvent-based plastic recycling market generated a revenue of USD 424.8 million in 2024.
- The market is expected to grow at a CAGR of 6.5% 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, Germany is expected to register the highest CAGR from 2025 to 2030.
Europe data book summary
| Market revenue in 2024 | USD 424.8 million |
| Market revenue in 2030 | USD 619.0 million |
| Growth rate | 6.5% (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, Europe region accounted for 64.0% 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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Europe 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 46.96% in 2024. Horizon Databook has segmented the Europe 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.
Europe has the highest plastic recycling rate owing to the adoption of circular economy by the European Commission for reducing plastic waste. According to report of European Union, in October 2023, EU region generates 188.7 kg packaging waste per inhabitant, 10.8 kg more than a person in 2020. This was the biggest increase in 10 years and almost 32 kg more than the waste in 2011.
In Europe, recycled plastics are used to produce various products such as pipes, insulation boards, corrugated boards, garbage bags, bubbles wraps, bottles, backpacks, shoes, hangers, cable casing, and bumpers. The region has witnessed a decline of 40% of plastic landfill from 2006 to 2020 and four countries in Europe had recycle rate of 40%.
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Target buyers of Europe 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 Europe solvent-based plastic recycling market , including forecasts for subscribers. This continent databook contains high-level insights into Europe solvent-based plastic recycling market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe solvent-based plastic recycling market size, by country, 2018-2030 (US$M)
Europe Solvent-based Plastic Recycling Market Outlook Share, 2024 & 2030 (US$M)
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