UK Solvent-based Plastic Recycling Market Size & Outlook
UK solvent-based plastic recycling market, 2018-2030 (US$M)
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UK solvent-based plastic recycling market highlights
- The UK solvent-based plastic recycling market generated a revenue of USD 31.8 million in 2024 and is expected to reach USD 46.5 million by 2030.
- The UK market is expected to grow at a CAGR of 6.6% 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.
Solvent-based plastic recycling market data book summary
| Market revenue in 2024 | USD 31.8 million |
| Market revenue in 2030 | USD 46.5 million |
| Growth rate | 6.6% (CAGR from 2024 to 2030) |
| Largest segment | Polystyrene |
| Fastest growing segment | Polyethylene |
| 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, UK accounted for 4.8% 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 Europe, Germany solvent-based plastic recycling market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 158.2 million by 2030.
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Solvent-based Plastic Recycling Market Scope
Solvent-based Plastic Recycling Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UK 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 47.48% in 2024. Horizon Databook has segmented the UK 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 investment has been done primarily in four companies engaged in plastic recycling, namely Veolia, ReNew ELP, Recycling Technologies, and Poseidon Plastics. In addition, Eco Recycling Ltd., 99P Recycling, Rubber & Plastic Collection Services Limited, and Recycled UK Ltd. are some other companies engaged in plastic recycling in the UK.
Initiatives toward product development, including driverless cars, are expected to boost investments in the automotive industry. The emerging trends to cut down vehicle emissions and develop cleaner cars are leading to the development of electric cars.
All these factors are expected to have a positive impact on the growth of the automotive industry in the country, which, in turn, is anticipated to propel the demand for recycled products over the forecast period. High demand for luxury furniture in the UK, on account of increasing living standards, is expected to fuel the demand for solvent-based recycled laminates in furniture.
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Target buyers of UK 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 country-level data and insights on the UK solvent-based plastic recycling market , including forecasts for subscribers. This country databook contains high-level insights into UK solvent-based plastic recycling market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK solvent-based plastic recycling market size, by product, 2018-2030 (US$M)
UK Solvent-based Plastic Recycling Market Outlook Share, 2024 & 2030 (US$M)
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