Latin America Solvent-based Plastic Recycling Market Size & Outlook
Latin America solvent-based plastic recycling market, 2018-2030 (US$M)
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Latin America solvent-based plastic recycling market highlights
- The Latin America solvent-based plastic recycling market generated a revenue of USD 24.9 million in 2024.
- The market is expected to grow at a CAGR of 4.9% 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.
Latin America data book summary
| Market revenue in 2024 | USD 24.9 million |
| Market revenue in 2030 | USD 33.2 million |
| Growth rate | 4.9% (CAGR from 2024 to 2030) |
| Largest segment | Polystyrene |
| Fastest growing segment | Polyvinyl Chloride |
| 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, Latin America region accounted for 3.8% 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 |
|---|
Latin America 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 49% in 2024. Horizon Databook has segmented the Latin America 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.
Central & South America includes Argentina, Brazil, Chile, Venezuela, Peru, Ecuador, and others. According to the UN Environment Programme, Peru generates1,800 tons of plastic waste every day. The country has launched the Ponchilas project, which manufactures school bags from solvent-based recycled plastics and other processes.
It has already produced thousands of plastic bags by recycling approximately one million plastic bottles. These bags are distributed among the children before the school opening every year in various provinces including Puno, Arequipa, Cusco, Ayacucho, Huancavelica, and Apurímac.
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Target buyers of Latin America 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 Latin America solvent-based plastic recycling market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America solvent-based plastic recycling market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America solvent-based plastic recycling market
Latin America Solvent-based Plastic Recycling Market Outlook Share, 2024 & 2030 (US$M)
Latin America solvent-based plastic recycling market
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