Market revenue in 2024 | USD 106.6 million |
Market revenue in 2030 | USD 158.2 million |
Growth rate | 6.8% (CAGR from 2024 to 2030) |
Largest segment | Polystyrene |
Fastest growing segment | Polyvinyl Chloride |
Historical data | 2018 - 2023 |
Base year | 2024 |
Forecast period | 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 |
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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 48.59% in 2024. Horizon Databook has segmented the Germany 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.
The presence of numerous manufacturers of automotive in Germany and the availability of skilled labor have increased the consumption of solvent-based recycled products in the country. Germany is the manufacturing hub of Europe and is the largest manufacturer of automobiles in the region.
Technology advancements such as electric vehicles and self-driving cars are anticipated to boost the growth of the automotive industry in the country, which is anticipated to create growth for solvent-based recycling in the coming years.
Horizon Databook provides a detailed overview of country-level data and insights on the Germany solvent-based plastic recycling market , including forecasts for subscribers. This country databook contains high-level insights into Germany solvent-based plastic recycling market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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