This report provides a comprehensive analysis of the Global Mechanical Recycling Of Plastics Market , including historical market sizes from 2019 to 2022 and forecasts for 2024 to 2031. The market is estimated to be valued at USD 15,730.8 Million in 2023 and is projected to grow to approximately USD 41,028.2 Million by 2031, reflecting a compound annual growth rate (CAGR) of 11.7 % during the forecast period. This growth underscores the increasing demand for advanced data management solutions and highlights the importance of technological innovations in the sector.
Mechanical recycling of plastics refers to the process of reprocessing used plastic materials into new products without altering their chemical structure. This sustainable approach helps reduce plastic waste, conserves natural resources, and minimizes environmental impact. The Global Mechanical Recycling of Plastics Market is experiencing significant growth due to increasing awareness of environmental issues, rising demand for sustainable materials, and regulatory pressures to reduce plastic waste. By transforming post-consumer and industrial plastic waste into reusable materials, this market plays a vital role in promoting a circular economy and enhancing resource efficiency across various industries.
The Global Mechanical Recycling of Plastics Market is driven by growing environmental concerns and a push for sustainability, as companies and consumers increasingly seek eco-friendly alternatives. However, challenges such as inconsistent quality of recycled materials, high operational costs, and limited recycling infrastructure hinder market growth. Current trends include technological advancements in recycling processes and increasing investments in recycling facilities to improve efficiency. Opportunities lie in expanding applications for recycled plastics across various industries, as well as potential collaborations to innovate and enhance recycling technologies.
For the geography segment, regional supply, demand, major players, and price are presented from 2019 to 2031. This report covers the following regions:
North America
Asia-Pacific
Europe
Middle East and Africa
South America
Segments-
By Type-
Post-Consumer Recyclate
Industrial Recyclate
The Global Mechanical Recycling of Plastics Market is segmented by type, source, plastic type, process, and end-use industry. By type, the market includes post-consumer recyclate, which consists of materials discarded after consumer use, and industrial recyclate, which originates from manufacturing processes.
By source-
Bottles
Films
Foams
Fibers
Others
The source segmentation encompasses bottles, films, foams, fibers, and other types of plastic products, highlighting the diverse range of materials suitable for recycling.
By Plastic Type-
Polyethylene (PE)
Polyethylene Terephthalate (PET)
Polypropylene (PP)
Polyvinyl Chloride
Polystyrene
Others
In terms of plastic type, the market features polyethylene (PE), polyethylene terephthalate (PET), polypropylene (PP), polyvinyl chloride (PVC), polystyrene, and other plastics, each with unique recycling challenges and opportunities.
By Process-
Mechanical
Chemical
The process segmentation divides the market into mechanical and chemical recycling methods, with mechanical recycling being the predominant approach for reprocessing plastics.
End-Use Industry-
Packaging
Automotive
Building & Construction
Electrical & Electronics
Textiles
Others
The End-use industry segment includes packaging, automotive, building and construction, electrical and electronics, textiles, and other applications, showcasing the wide applicability of recycled plastics across various sectors. This segmentation reflects the growing demand for sustainable materials and the role of recycling in promoting a circular economy.
Key Players-
Eastman Chemical Company
BASF
Dow Inc.
PureCycle Technologies
Plastics For Change
Polystyvert
Agilyx
Veolia
SUEZ Recycling and Recovery
TOMRA Systems ASA
For the competitor segment, the report includes global key players of the Non-Alcoholic Concentrated SyrupSoftware Market as well as some small players. The information for each competitor includes:
Company Profile
Main Business Information
Financial Analysis
Market Share
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Base Year: 2023
Historical Data: from 2019 to 2022
Forecast Data: from 2024 to 2031
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TABLE OF CONTENTS
Market Taxonomy
1. Executive Summary
1.1. Market Overview
1.2. Market Analysis and Recommendations
1.3. RA Analysis and Recommendations
2. Market Introduction
2.1. Market Definition
3. Market Background
3.1. Market Overview
3.1.1. Mechanical Recycling Of Plastics Outlook
3.1.2. Mechanical Recycling Of Plastics Overview
3.2. Macro-Economic Overview
3.2.1. GDP Growth
3.2.2. Retail Industry Growth
3.3. Pricing Analysis
3.4. Challenges related to the adoption of Mechanical Recycling Of Plastics
3.5. Regulations of Mechanical Recycling Of Plastics
3.6. Forecast Factors: Relevance and Impact
3.7. Market Dynamics
3.7.1. Drivers
3.7.2. Restraints
3.7.3. Opportunity
3.7.4. Trends
3.7.5. SWOT Analysis
4. Market Forecast
4.1. Market Value Projections
4.2. Market Size Projections
4.3. Y-o-Y Projections
4.4. Absolute Opportunity Analysis
5. Global Mechanical Recycling Of Plastics Analysis by Technology
5.1. Introduction
5.1.1. Market Value Share Analysis By Technology
5.1.2. Y-o-Y Growth Analysis By Technology
5.2. Historical Market Size (USD Mn) Analysis 2018-2022 By Technology
5.3. Market Attractiveness Analysis by Technology
6. Global Mechanical Recycling Of Plastics Analysis By Application
6.1. Introduction
6.1.1. Market Value Share Analysis By Application
6.1.2. Y-o-Y Growth Analysis By Application
6.2. Historical Market Size (USD Mn) Analysis 2018-2022 By Application
6.3. Market Attractiveness Analysis By Application
7. Market Structure Analysis
7.1. Market Analysis by Tier of Companies
7.2. Market Concentration
8. Competition Analysis
8.1. Competition Dashboard
8.2. Company Profiles (15 Companies)
8.2.1 Eastman Chemical Company
8.2.1.1. Overview
8.2.1.2. Technology Portfolio
8.2.1.3. Financial Overview
8.2.2. BASF
8.2.2.1. Overview
8.2.2.2. Technology Portfolio
8.2.2.3. Financial Overview
8.2.3. Dow Inc.
8.2.3.1. Overview
8.2.3.2. Technology Portfolio
8.2.3.3. Financial Overview
8.2.4. PureCycle Technologies
8.2.4.1. Overview
8.2.4.2. Technology Portfolio
8.2.4.3. Financial Overview
8.2.5. Plastics For Change
8.2.5.1. Overview
8.2.5.2. Technology Portfolio
8.2.5.3. Financial Overview
8.2.6. Polystyvert
8.2.6.1. Overview
8.2.6.2. Technology Portfolio
8.2.6.3. Financial Overview
8.2.7. Agilyx
8.2.7.1. Overview
8.2.7.2. Technology Portfolio
8.2.7.3. Financial Overview
8.2.8. Veolia
8.2.8.1. Overview
8.2.8.2. Technology Portfolio
8.2.8.3. Financial Overview
8.2.9. SUEZ Recycling and Recovery
8.2.9.1. Overview
8.2.8.2. Technology Portfolio
8.2.9.3. Financial Overview
8.2.10. TOMRA Systems ASA
8.2.10.1. Overview
8.2.10.2. Technology Portfolio
8.2.10.3. Financial Overview
8.2.11. Company11
8.2.11.1. Overview
8.2.11.2. Technology Portfolio
8.2.11.3. Financial Overview
8.2.12. Company12
8.2.12.1. Overview
8.2.12.2. Technology Portfolio
8.2.12.3. Financial Overview
8.2.13. Company13
8.2.13.1. Overview
8.2.13.2. Technology Portfolio
8.2.13.3. Financial Overview
8.2.14. Company14
8.2.14.1. Overview
8.2.14.2. Technology Portfolio
8.2.14.3. Financial Overview
8.2.15. Company15
8.2.15.1. Overview
8.2.15.2. Technology Portfolio
8.2.15.3. Financial Overview
9. Global Mechanical Recycling Of Plastics Analysis By Region
9.1. Introduction
9.1.1. Market Value Share Analysis By Region
9.1.2. Y-o-Y Growth Analysis By Region
9.2. Historical Market Size (USD Mn) Analysis 2018-2022 By Region
9.2.1. North America
9.2.2. Middle East and Africa
9.2.3. South America
9.2.4. Asia-Pacific
9.2.5. Others
9.3. Current Market Size (USD Mn) Forecast 2023-2030 By Region
9.3.1. North America
9.3.2. Middle East and Africa
9.3.3. South America
9.3.4. Asia-Pacific
9.3.5. Others
9.4. Market Attractiveness Analysis By Region
10. North America Mechanical Recycling Of Plastics Analysis
10.1. Introduction
10.2. Historical Market Size (USD Mn) Analysis 2018-2022 By Country
10.2.1. U.S.
10.2.2. Canada
10.2.3. Mexico
10.2.4. Rest of North America
10.3. Current Market Size (USD Mn) Forecast 2023-2030 By Country
10.3.1. U.S.
10.3.2. Canada
10.3.3. Mexico
10.3.4. Rest of North America
10.4. Historical Market Size (USD Mn) Analysis 2018-2022 By Technology
10.5. Current Market Size (USD Mn) Forecast 2023-2030 By Technology
10.6. Historical Market Size (USD Mn) Analysis 2018-2022 By Application
10.7. Current Market Size (USD Mn) Forecast 2023-2030 By Application
11. South America Mechanical Recycling Of Plastics Analysis
11.1. Introduction
11.2. Regional Pricing Analysis
11.3. Historical Market Size (USD Mn) Analysis 2018-2022 By Country
11.3.1. Brazil
11.3.2. Argentina
11.3.3. Rest of South America
11.4. Current Market Size (USD Mn) Forecast 2023-2030 By Country
11.4.1. Brazil
11.4.2. Argentina
11.4.3. Rest of South America
11.5. Historical Market Size (USD Mn) Analysis 2018-2022 By Technology
11.6. Current Market Size (USD Mn) Forecast 2023-2030 By Technology
11.7. Historical Market Size (USD Mn) Analysis 2018-2022 By Application
11.8. Current Market Size (USD Mn) Forecast 2023-2030 By Application
12. Europe Mechanical Recycling Of Plastics Analysis
12.1. Introduction
12.2. Regional Pricing Analysis
12.3. Historical Market Size (USD Mn) Analysis 2018-2022 By Country
12.3.1. Germany
12.3.2. Italy
12.3.3. France
12.3.4. Spain
12.3.5. U.K.
12.3.6. Rest of Europe
12.4. Current Market Size (USD Mn) Forecast 2023-2030 By Country
12.4.1. Germany
12.4.2. Italy
12.4.3. France
12.4.4. Spain
12.4.5. U.K.
12.4.6. Rest of Europe
12.5. Historical Market Size (USD Mn) Analysis 2018-2022 By Technology
12.6. Current Market Size (USD Mn) Forecast 2023-2030 By Technology
12.7. Historical Market Size (USD Mn) Analysis 2018-2022 By Application
12.8. Current Market Size (USD Mn) Forecast 2023-2030 By Application
13. Middle East and Africa Mechanical Recycling Of Plastics Analysis
13.1. Introduction
13.2. Regional Pricing Analysis
13.3. Historical Market Size (USD Mn) Analysis 2018-2022 By Country
13.3.1. Saudi Arabia
13.3.2. U.A.E.
13.3.3. South Africa
13.3.4. Turkey
13.3.5. Rest of Middle East and Africa
13.4. Current Market Size (USD Mn) Forecast 2023-2030 By Country
13.4.1. Saudi Arabia
13.4.2. U.A.E.
13.4.3. South Africa
13.4.4. Turkey
13.4.5. Rest of Middle East and Africa
14. Asia-Pacific Mechanical Recycling Of Plastics Analysis
14.1. Introduction
14.2. Regional Pricing Analysis
14.3. Historical Market Size (USD Mn) Analysis 2018-2022 By Country
14.3.1. China
14.3.2. India
14.3.3. Japan
14.3.4. South Korea
14.3.5. Singapore
14.3.6. Australia and New Zealand
14.3.7. Rest of Asia-Pacific
14.4. Current Market Size (USD Mn) Forecast 2023-2030 By Country
14.4.1. China
14.4.2. India
14.4.3. Japan
14.4.4. South Korea
14.4.5. Singapore
14.4.6. Australia and New Zealand
14.4.7. Rest of Asia-Pacific
i. Research Methodology
ii. Assumptions & Acronyms
LIST OF FIGURES
Figure 01: Global Molecular Methods For Food Safety Testing, BPS Analysis, By Technology, 2018(H), 2023(E) & 2030(F)
Figure 02: Global Molecular Methods For Food Safety Testing, Y-O-Y Growth, By Technology, 2020(A) - 2030(F)
Figure 03: Global Mechanical Recycling Of Plastics Attractiveness Analysis, By Technology (2020)
Figure 04: Global Molecular Methods For Food Safety Testing, BPS Analysis, By Application, 2018(H), 2023(E) & 2030(F)
Figure 05: Global Molecular Methods For Food Safety Testing, Y-O-Y Growth, By Application, 2018(H) - 2030(F)
Figure 06: Global Mechanical Recycling Of Plastics Attractiveness Analysis, By Application
Figure 07: Global Molecular Methods For Food Safety Testing, Value Analysis, By Technology, 2018(H)-2030(F)
Figure 08: Global Molecular Methods For Food Safety Testing, Value Analysis, by Application, 2018(H)-2030(F)
Figure 09: Global Molecular Methods For Food Safety Testing, BPS Analysis, by Region, 2018(H), 2023(E) & 2030(F)
Figure 10: Global Molecular Methods For Food Safety Testing, Y-O-Y Growth, by Region, 2018(H) - 2030(F)
Figure 11: Global Mechanical Recycling Of Plastics Attractiveness Analysis, by Region
Figure 12: North America Mechanical Recycling Of Plastics Value (USD Mn Forecast, 2018 – 2022
Figure 13: North America Mechanical Recycling Of Plastics Value (USD Mn Forecast, 2023 – 2030
Figure 14: South America Mechanical Recycling Of Plastics Value (USD Mn) Forecast, 2018 – 2022
Figure 15: South America Mechanical Recycling Of Plastics Value (USD Mn) Forecast, 2023 – 2030
Figure 16: Europe Mechanical Recycling Of Plastics Value (USD Mn) Forecast, 2018 – 2022
Figure 17: Europe Mechanical Recycling Of Plastics Value (USD Mn) Forecast, 2023 – 2030
Figure 18: Middle East and Africa Mechanical Recycling Of Plastics Value (USD Mn) Forecast, 2018 – 2022
LIST OF TABLES
Table 01: Global Mechanical Recycling Of Plastics Value (USD Mn) Forecast, By Technology, 2018(H) – 2030(F)
Table 02: Global Mechanical Recycling Of Plastics Value (USD Mn) Forecast, By Application, 2018(H) – 2030(F)
Table 03: Global Mechanical Recycling Of Plastics Value (USD Mn) Forecast, By Country, 2018(H) – 2030(F)
Table 04: North America Mechanical Recycling Of Plastics Value (USD Mn) Forecast, by Country, 2018(H) – 2030(F)
Table 05: North America Mechanical Recycling Of Plastics Value (USD Mn) Forecast, By Technology, 2018(H) – 2030(F)
Table 06: North America Mechanical Recycling Of Plastics Value (USD Mn) Forecast, By Application, 2018(H) – 2030(F)
Table 07: South America Mechanical Recycling Of Plastics Value (USD Mn) Forecast, By Country, 2018(H) – 2030(F)
Table 08: South America Mechanical Recycling Of Plastics Value (USD Mn) Forecast, By Technology, 2018(H) – 2030(F)
Table 09: South America Mechanical Recycling Of Plastics Value (USD Mn) Forecast, By Application, 2018(H) – 2030(F)
Table 10: Europe Mechanical Recycling Of Plastics Value (USD Mn) and Forecast, by Country, 2018(H) – 2030(F)
Table 11: Europe Mechanical Recycling Of Plastics Value (USD Mn) Forecast, By Technology, 2018(H) – 2030(F)
Table 12: Europe Mechanical Recycling Of Plastics Value (USD Mn) Forecast, By Application End-user, 2018(H) – 2030(F)
Table 13: Middle East and Africa Mechanical Recycling Of Plastics Value (USD Mn) Forecast, By Country, 2018(H) – 2030(F)
Table 14: Middle East and Africa Mechanical Recycling Of Plastics Value (USD Mn) Forecast, By Technology, 2018(H) – 2030(F)
Table 15: Middle East and Africa Mechanical Recycling Of Plastics Value (USD Mn) Forecast, By Application, 2018(H) – 2030(F)
Table 16: Asia-Pacific Mechanical Recycling Of Plastics Value (USD Mn) Forecast, by Country, 2018(H) – 2030(F)
Table 17: Asia-Pacific Mechanical Recycling Of Plastics Value (USD Mn) Forecast, By Technology, 2018(H) – 2030(F)
Table 18: Asia-Pacific Mechanical Recycling Of Plastics Value (USD Mn) Forecast, By Application, 2018(H) – 2030(F)
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