U.S. Solvent-based Plastic Recycling Market Size & Outlook
U.S. solvent-based plastic recycling market, 2018-2030 (US$M)
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U.S. solvent-based plastic recycling market highlights
- The U.S. solvent-based plastic recycling market generated a revenue of USD 55.5 million in 2024 and is expected to reach USD 77.4 million by 2030.
- The U.S. market is expected to grow at a CAGR of 5.7% 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 55.5 million |
| Market revenue in 2030 | USD 77.4 million |
| Growth rate | 5.7% (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, U.S. accounted for 8.4% 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 North America, Canada solvent-based plastic recycling market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 100.7 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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U.S. 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 44.5% in 2024. Horizon Databook has segmented the U.S. 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 U.S. dominated the North America solvent-based plastic recycling market in 2023 and is anticipated to maintain its dominance over the forecast period. Rising solvent-based recycled plastic demand from automotive, packaging, textile, construction, electrical & electronics, and other applications in the U.S. is expected to drive the market over the forecast period.
In addition, construction industry is growing rapidly in the country owing to the favorable market fundamentals for commercial real estate, robust economy, and rising state & federal financing for institutional buildings and public infrastructure.
For instance, in November 2021, the U.S. Congress approved a USD 1.2 trillion worth infrastructure bill. The bill contributes to federal investment in a wide range of infrastructure projects and is anticipated to help generate new demand for construction services, equipment, and materials.
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Target buyers of U.S. 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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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. solvent-based plastic recycling market , including forecasts for subscribers. This country databook contains high-level insights into U.S. solvent-based plastic recycling market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. solvent-based plastic recycling market size, by product, 2018-2030 (US$M)
U.S. Solvent-based Plastic Recycling Market Outlook Share, 2024 & 2030 (US$M)
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