Japan Solvent-based Plastic Recycling Market Size & Outlook
Japan solvent-based plastic recycling market, 2018-2030 (US$M)
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Japan solvent-based plastic recycling market highlights
- The Japan solvent-based plastic recycling market generated a revenue of USD 5.3 million in 2024 and is expected to reach USD 9.0 million by 2030.
- The Japan market is expected to grow at a CAGR of 9.2% from 2025 to 2030.
- In terms of segment, polystyrene was the largest revenue generating product in 2024.
- Polyvinyl Chloride is the most lucrative product segment registering the fastest growth during the forecast period.
Solvent-based plastic recycling market data book summary
| Market revenue in 2024 | USD 5.3 million |
| Market revenue in 2030 | USD 9.0 million |
| Growth rate | 9.2% (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 |
Other key industry trends
- In terms of revenue, Japan accounted for 0.8% of the global solvent-based plastic recycling market in 2024.
- Country-wise, Germany is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China solvent-based plastic recycling market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 12.4 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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Japan 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 47.17% in 2024. Horizon Databook has segmented the Japan 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.
Polyethylene, polypropylene, polystyrene, and polyvinyl chloride are some of the common plastic wastes that are generated in the country. The country recycles 23% of the plastic waste through mechanical recycling, 4% through solvent-based (chemical) recycling, and the remaining through thermal recycling to produce energy.
The electrical & electronics segment is expected to witness significant growth over the forecast period. Shifting preferences toward smart offices and smart homes, coupled with the growing disposable income of consumers, is mainly driving the growth of solvent-based plastic recycling within electrical & electronics industry.
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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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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 country-level data and insights on the Japan solvent-based plastic recycling market , including forecasts for subscribers. This country databook contains high-level insights into Japan solvent-based plastic recycling market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan solvent-based plastic recycling market size, by product, 2018-2030 (US$M)
Japan Solvent-based Plastic Recycling Market Outlook Share, 2024 & 2030 (US$M)
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