North America Solvent-based Plastic Recycling Market Size & Outlook
North America solvent-based plastic recycling market, 2018-2030 (US$M)
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North America solvent-based plastic recycling market highlights
- The North America solvent-based plastic recycling market generated a revenue of USD 141.9 million in 2024.
- The market is expected to grow at a CAGR of 6% 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, Canada is expected to register the highest CAGR from 2025 to 2030.
North America data book summary
| Market revenue in 2024 | USD 141.9 million |
| Market revenue in 2030 | USD 201.2 million |
| Growth rate | 6% (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, North America region accounted for 21.4% 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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North 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 45.31% in 2024. Horizon Databook has segmented the North 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.
North America is one of the major consumers of plastics owing to the high demand from automotive, electrical & electronics, packaging, and construction sectors, which leads to a large amount of plastic waste generation.
Solvent-based recycled plastics find many applications in various industries as they are easy to mold and can produce desired shape formation while reducing the carbon emission from virgin plastic production and plastic waste recycling.
Many automobile manufacturers prefer solvent based recycled plastic components for vehicles as they help reduce the carbon emissions for each vehicle and produce lightweight plastic components for manufacturing insulation and interior components.
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Target buyers of North 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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America solvent-based plastic recycling market , including forecasts for subscribers. This continent databook contains high-level insights into North America solvent-based plastic recycling market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America solvent-based plastic recycling market size, by country, 2018-2030 (US$M)
North America Solvent-based Plastic Recycling Market Outlook Share, 2024 & 2030 (US$M)
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