1 Executive Summary
2 Market Introduction
2.1 Definition 16
2.2 Scope of the Study 16
2.3 List of Assumptions 17
2.4 Market Structure 17
3 Research Methodology
3.1 Research Process 19
3.2 Primary Research 20
3.3 Secondary Research 21
3.4 Market Size Estimation 22
3.5 Forecast Model 22
4 Market Dynamics
4.1 Introduction 24
4.2 Drivers 24
4.2.1 Increasing Use of Plastic in the Packaging Industry 24
4.2.2 Government Support for Recycling Plastic 26
4.2.3 Impact of Plastic Disposal on the Environment 27
4.3 Restraint 27
4.3.1 Lack of Awareness Regarding Recycling 27
4.4 Opportunities 27
4.4.1 Ban on Import of Plastic Waste by Emerging Economies 27
4.4.2 Use of Recycled Plastic in Various Industries 27
5 Market Factor Analysis
5.1 Technological Advancements 29
5.1.1 Pumping Oil Out of Plastic 29
5.1.2 Conversion of Plastic Bags into Useful Products 29
5.1.3 Aluminum Separation 29
5.1.4 Polystyrene-to-Styrene Monomer (PSM) Technology 29
5.1.5 Biodegradable Bugs 29
5.2 Supply Chain Analysis 30
5.2.1 Waste Collection 30
5.2.2 Sorting and Shredding 30
5.2.3 Plastic Molding 30
5.2.4 End-Use Industries 30
5.3 Porter’s Five Forces Model 31
5.3.1 Threat of New Entrants 31
5.3.2 Bargaining Power of Suppliers 31
5.3.3 Bargaining Power of Buyers 31
5.3.4 Threat of Substitutes 32
5.3.5 Intensity of Rivalry 32
5.4 Impact Analysis of Recycle Plastic on Virgin Plastic 32
6 Global Plastic Recycling Market, By Application
6.1 Overview 34
6.1.1 Packaging 35
6.1.2 Construction 35
6.1.3 Textile 35
6.1.4 Automotive 36
6.1.5 Others 36
7 Global Plastic Recycling Market, By Material
7.1 Overview 38
7.1.1 Polyethylene Terephthalate (PET) 39
7.1.2 High-Density Polyethylene (HDPE) 39
7.1.3 Low-Density Polyethylene (LDPE) 39
7.1.4 Polypropylene (PP) 39
7.1.5 Others 40
8 Global Plastic Recycling Market, By Recycling Process
8.1 Overview 42
8.1.1 Mechanical 43
8.1.2 Chemical 43
9 Global Plastic Recycling Market, By Region
9.1 Overview 45
9.2 Asia-Pacific 47
9.2.1 China 51
9.2.1.1 China by Application 51
9.2.1.2 China by Material 52
9.2.1.3 China by Recycling Process 52
9.2.2 India 53
9.2.2.1 India by Application 53
9.2.2.2 India by Material 53
9.2.2.3 India by Recycling Process 54
9.2.3 Japan 54
9.2.3.1 Japan by Application 54
9.2.3.2 Japan by Material 55
9.2.3.3 Japan by Recycling Process 55
9.2.4 Rest of Asia-Pacific 56
9.2.4.1 Rest of Asia-Pacific by Application 56
9.2.4.2 Rest of Asia-Pacific by Material 56
9.2.4.3 Rest of Asia-Pacific by Recycling Process 57
9.3 Americas 58
9.3.1 US 62
9.3.1.1 US by Application 62
9.3.1.2 US by Material 63
9.3.1.3 US by Recycling Process 63
9.3.2 Canada 64
9.3.2.1 Canada by Application 64
9.3.2.2 Canada by Material 64
9.3.2.3 Canada by Recycling Process 65
9.3.3 Rest of Americas 65
9.3.3.1 Rest of Americas by Application 65
9.3.3.2 Rest of Americas by Material 66
9.3.3.3 Rest of Americas by Recycling Process 66
9.4 Europe 67
9.4.1 Germany 71
9.4.1.1 Germany by Application 71
9.4.1.2 Germany by Material 72
9.4.1.3 Germany by Recycling Process 72
9.4.2 Italy 73
9.4.2.1 Italy by Application 73
9.4.2.2 Italy by Material 73
9.4.2.3 Italy by Recycling Process 74
9.4.3 UK 74
9.4.3.1 UK by Application 74
9.4.3.2 UK by Material 75
9.4.3.3 UK by Recycling Process 75
9.4.4 France 76
9.4.4.1 France by Application 76
9.4.4.2 France by Material 76
9.4.4.3 France by Recycling Process 77
9.4.5 Rest of Europe 77
9.4.5.1 Rest of Europe by Application 77
9.4.5.2 Rest of Europe by Material 78
9.4.5.3 Rest of Europe by Recycling Process 78
9.5 Middle East & Africa 79
10 Competitive Landscape
10.1 Competitive Scenario 83
10.2 Company Benchmarking 83
10.3 Market Share Analysis 84
11 Company Profiles
11.1 CarbonLITE Industries 86
11.1.1 Company Overview 86
11.1.2 Financial Overview 86
11.1.3 Products Offered 86
11.1.4 Key Developments (2022-2030) 86
11.1.5 SWOT Analysis 87
11.1.6 Key Strategies 87
11.2 Seraphim Plastics 88
11.2.1 Company Overview 88
11.2.2 Financial Overview 88
11.2.3 Products Offered 88
11.2.4 Key Developments (2022-2030) 89
11.2.5 SWOT Analysis 89
11.2.6 Key Strategies 89
11.3 MBA Polymers Inc. 90
11.3.1 Company Overview 90
11.3.2 Financial Overview 90
11.3.3 Products Offered 90
11.3.4 Key Developments (2022-2030) 92
11.3.5 SWOT Analysis 92
11.3.6 Key Strategies 92
11.4 Kuusakoski Group Oy 93
11.4.1 Company Overview 93
11.4.2 Financial Overview 93
11.4.3 Solutions Offered 94
11.4.4 Key Developments (2022-2030) 95
11.4.5 SWOT Analysis 95
11.4.6 Key Strategies 95
11.5 Envision Plastics 96
11.5.1 Company Overview 96
11.5.2 Financial Overview 96
11.5.3 Products Offered 96
11.5.4 Key Developments (2022-2030) 96
11.5.5 SWOT Analysis 97
11.5.6 Key Strategies 97
11.6 Custom Polymers, Inc. 98
11.6.1 Company Overview 98
11.6.2 Financial Overview 98
11.6.3 Products Offered 98
11.6.4 Key Developments (2022-2030) 98
11.6.5 SWOT Analysis 99
11.6.6 Key Strategies 99
11.7 Plastic Recycling Inc. 100
11.7.1 Company Overview 100
11.7.2 Financial Overview 100
11.7.3 Products Offered 100
11.7.4 Key Developments (2022-2030) 100
11.7.5 SWOT Analysis 100
11.7.6 Key Strategies 101
11.8 UltrePET, LLC 102
11.8.1 Company Overview 102
11.8.2 Financial Overview 102
11.8.3 Solutions Offered 102
11.8.4 Key Developments (2022-2030) 102
11.8.5 SWOT Analysis 103
11.8.6 Key Strategies 103
11.9 KW Plastics, Inc. 104
11.9.1 Company Overview 104
11.9.2 Financial Overview 104
11.9.3 Solutions Offered 104
11.9.4 Key Developments (2022-2030) 104
11.9.5 SWOT Analysis 105
11.9.6 Key Strategies 105
11.10 Green-O-Tech India 106
11.10.1 Company Overview 106
11.10.2 Financial Overview 106
11.10.3 Services Offered 106
11.10.4 Key Developments (2022-2030) 106
11.10.5 SWOT Analysis 106
11.10.6 Key Strategies 106
12 Industry Insights
12.1 Regulations of Major Countries 107
12.1.1 India 107
12.1.1.1 Regulations regarding PET/Recycled PET Use in India 107
12.1.2 US 109
12.1.3 China 109
12.1.4 Europe 110
12.2 Export & Import Analysis 112
12.2.1 Waste, parings and scrap, of plastics: Export & Import Analysis 112
12.2.2 Waste, parings and scrap, of polymers of ethylene: Export & Import Analysis 114
12.2.3 Waste, parings and scrap, of polymers of styrene: Export & Import Analysis 116
12.2.4 Waste, parings and scrap, of polymers of vinyl chloride: Export & Import Analysis 118
12.2.5 Waste, parings and scrap of plastics (excluding that of polymers of ethylene, styrene and others): Export & Import Analysis 120
13 List of Tables
TABLE 1 MARKET SYNOPSIS 14
TABLE 2 LIST OF ASSUMPTIONS 17
TABLE 3 GLOBAL PLASTIC RECYCLING MARKET, BY APPLICATION, 2022-2030 (USD MILLION) 34
TABLE 4 GLOBAL PLASTIC RECYCLING MARKET, BY MATERIAL, 2022-2030 (USD MILLION) 38
TABLE 5 GLOBAL PLASTIC RECYCLING MARKET, BY RECYCLING PROCESS, 2022-2030 (USD MILLION) 42
TABLE 6 GLOBAL PLASTIC RECYCLING MARKET, BY REGION, 2022-2030 (USD MILLION) 46
TABLE 7 ASIA-PACIFIC: PLASTIC RECYCLING MARKET, BY COUNTRY, 2022-2030 (USD MILLION) 48
TABLE 8 ASIA-PACIFIC: PLASTIC RECYCLING MARKET, BY APPLICATION, 2022-2030 (USD MILLION) 49
TABLE 9 ASIA-PACIFIC: PLASTIC RECYCLING MARKET, BY MATERIAL, 2022-2030 (USD MILLION) 50
TABLE 10 ASIA-PACIFIC: PLASTIC RECYCLING MARKET, BY RECYCLING PROCESS, 2022-2030 (USD MILLION) 51
TABLE 11 CHINA: PLASTIC RECYCLING MARKET, BY APPLICATION, 2022-2030 (USD MILLION) 51
TABLE 12 CHINA: PLASTIC RECYCLING MARKET, BY MATERIAL, 2022-2030 (USD MILLION) 52
TABLE 13 CHINA: PLASTIC RECYCLING MARKET, BY RECYCLING PROCESS, 2022-2030 (USD MILLION) 52
TABLE 14 INDIA: PLASTIC RECYCLING MARKET, BY APPLICATION, 2022-2030 (USD MILLION) 53
TABLE 15 INDIA: PLASTIC RECYCLING MARKET, BY MATERIAL, 2022-2030 (USD MILLION) 53
TABLE 16 INDIA: PLASTIC RECYCLING MARKET, BY RECYCLING PROCESS, 2022-2030 (USD MILLION) 54
TABLE 17 JAPAN: PLASTIC RECYCLING MARKET, BY APPLICATION, 2022-2030 (USD MILLION) 54
TABLE 18 JAPAN: PLASTIC RECYCLING MARKET, BY MATERIAL, 2022-2030 (USD MILLION) 55
TABLE 19 JAPAN: PLASTIC RECYCLING MARKET, BY RECYCLING PROCESS, 2022-2030 (USD MILLION) 55
TABLE 20 REST OF ASIA-PACIFIC: PLASTIC RECYCLING MARKET, BY APPLICATION, 2022-2030 (USD MILLION) 56
TABLE 21 REST OF ASIA-PACIFIC: PLASTIC RECYCLING MARKET, BY MATERIAL, 2022-2030 (USD MILLION) 56
TABLE 22 REST OF ASIA-PACIFIC: PLASTIC RECYCLING MARKET, BY RECYCLING PROCESS, 2022-2030 (USD MILLION) 57
TABLE 23 AMERICAS: PLASTIC RECYCLING MARKET, BY COUNTRY, 2022-2030 (USD MILLION) 59
TABLE 24 AMERICAS: PLASTIC RECYCLING MARKET, BY APPLICATION, 2022-2030 (USD MILLION) 60
TABLE 25 AMERICAS: PLASTIC RECYCLING MARKET, BY MATERIAL, 2022-2030 (USD MILLION) 61
TABLE 26 AMERICAS: PLASTIC RECYCLING MARKET, BY RECYCLING PROCESS, 2022-2030 (USD MILLION) 61
TABLE 27 US: PLASTIC RECYCLING MARKET, BY APPLICATION, 2022-2030 (USD MILLION) 62
TABLE 28 US: PLASTIC RECYCLING MARKET, BY MATERIAL, 2022-2030 (USD MILLION) 63
TABLE 29 US: PLASTIC RECYCLING MARKET, BY RECYCLING PROCESS, 2022-2030 (USD MILLION) 63
TABLE 30 CANADA: PLASTIC RECYCLING MARKET, BY APPLICATION, 2022-2030 (USD MILLION) 64
TABLE 31 CANADA: PLASTIC RECYCLING MARKET, BY MATERIAL, 2022-2030 (USD MILLION) 64
TABLE 32 CANADA: PLASTIC RECYCLING MARKET, BY RECYCLING PROCESS, 2022-2030 (USD MILLION) 65
TABLE 33 REST OF AMERICAS: PLASTIC RECYCLING MARKET, BY APPLICATION, 2022-2030 (USD MILLION) 65
TABLE 34 REST OF AMERICAS: PLASTIC RECYCLING MARKET, BY MATERIAL, 2022-2030 (USD MILLION) 66
TABLE 35 REST OF AMERICAS: PLASTIC RECYCLING MARKET, BY RECYCLING PROCESS, 2022-2030 (USD MILLION) 66
TABLE 36 EUROPE: PLASTIC RECYCLING MARKET, BY COUNTRY, 2022-2030 (USD MILLION) 68
TABLE 37 EUROPE: PLASTIC RECYCLING MARKET, BY APPLICATION, 2022-2030 (USD MILLION) 69
TABLE 38 EUROPE: PLASTIC RECYCLING MARKET, BY MATERIAL, 2022-2030 (USD MILLION) 70
TABLE 39 EUROPE: PLASTIC RECYCLING MARKET, BY RECYCLING PROCESS, 2022-2030 (USD MILLION) 70
TABLE 40 GERMANY: PLASTIC RECYCLING MARKET, BY APPLICATION, 2022-2030 (USD MILLION) 71
TABLE 41 GERMANY: PLASTIC RECYCLING MARKET, BY MATERIAL, 2022-2030 (USD MILLION) 72
TABLE 42 GERMANY: PLASTIC RECYCLING MARKET, BY RECYCLING PROCESS, 2022-2030 (USD MILLION) 72
TABLE 43 ITALY: PLASTIC RECYCLING MARKET, BY APPLICATION, 2022-2030 (USD MILLION) 73
TABLE 44 ITALY: PLASTIC RECYCLING MARKET, BY MATERIAL, 2022-2030 (USD MILLION) 73
TABLE 45 ITALY: PLASTIC RECYCLING MARKET, BY RECYCLING PROCESS, 2022-2030 (USD MILLION) 74
TABLE 46 UK: PLASTIC RECYCLING MARKET, BY APPLICATION, 2022-2030 (USD MILLION) 74
TABLE 47 UK: PLASTIC RECYCLING MARKET, BY MATERIAL, 2022-2030 (USD MILLION) 75
TABLE 48 UK: PLASTIC RECYCLING MARKET, BY RECYCLING PROCESS, 2022-2030 (USD MILLION) 75
TABLE 49 FRANCE: PLASTIC RECYCLING MARKET, BY APPLICATION, 2022-2030 (USD MILLION) 76
TABLE 50 FRANCE: PLASTIC RECYCLING MARKET, BY MATERIAL, 2022-2030 (USD MILLION) 76
TABLE 51 FRANCE: PLASTIC RECYCLING MARKET, BY RECYCLING PROCESS, 2022-2030 (USD MILLION) 77
TABLE 52 REST OF EUROPE: PLASTIC RECYCLING MARKET, BY APPLICATION, 2022-2030 (USD MILLION) 77
TABLE 53 REST OF EUROPE: PLASTIC RECYCLING MARKET, BY MATERIAL, 2022-2030 (USD MILLION) 78
TABLE 54 REST OF EUROPE: PLASTIC RECYCLING MARKET, BY RECYCLING PROCESS, 2022-2030 (USD MILLION) 78
TABLE 55 MIDDLE EAST & AFRICA: PLASTIC RECYCLING MARKET, BY APPLICATION, 2022-2030 (USD MILLION) 79
TABLE 56 MIDDLE EAST & AFRICA: PLASTIC RECYCLING MARKET, BY MATERIAL, 2022-2030 (USD MILLION) 80
TABLE 57 MIDDLE EAST & AFRICA: PLASTIC RECYCLING MARKET, BY RECYCLING PROCESS, 2022-2030 (USD MILLION) 81
TABLE 58 EXPORT ANALYSIS OF WASTE, PARINGS AND SCRAP, OF PLASTICS (USD THOUSAND) 112
TABLE 59 IMPORT ANALYSIS OF WASTE, PARINGS AND SCRAP, OF PLASTICS (USD THOUSAND) 113
TABLE 60 EXPORT ANALYSIS OF WASTE, PARINGS AND SCRAP, OF POLYMERS OF ETHYLENE (USD THOUSAND) 114
TABLE 61 IMPORT ANALYSIS OF WASTE, PARINGS AND SCRAP, OF POLYMERS OF ETHYLENE (USD THOUSAND) 115
TABLE 62 EXPORT ANALYSIS WASTE, PARINGS AND SCRAP, OF POLYMERS OF STYRENE (USD THOUSAND) 116
TABLE 63 IMPORT ANALYSIS OF WASTE, PARINGS AND SCRAP, OF POLYMERS OF STYRENE (USD THOUSAND) 117
TABLE 64 EXPORT ANALYSIS OF WASTE, PARINGS AND SCRAP, OF POLYMERS OF VINYL CHLORIDE (USD THOUSAND) 118
TABLE 65 IMPORT ANALYSIS OF WASTE, PARINGS AND SCRAP, OF POLYMERS OF VINYL CHLORIDE (USD THOUSAND) 119
TABLE 66 EXPORT ANALYSIS WASTE, PARINGS AND SCRAP OF PLASTICS (EXCLUDING THAT OF POLYMERS OF ETHYLENE, STYRENE AND OTHERS) (USD THOUSAND) 120
TABLE 67 IMPORT ANALYSIS OF WASTE, PARINGS AND SCRAP OF PLASTICS (EXCLUDING THAT OF POLYMERS OF ETHYLENE, STYRENE AND OTHERS) (USD THOUSAND) 121
14 List of Figures
FIGURE 1 GLOBAL PLASTIC RECYCLING MARKET: MARKET STRUCTURE 17
FIGURE 2 RESEARCH PROCESS OF MRFR 19
FIGURE 3 TOP-DOWN & BOTTOM-UP APPROACHES 22
FIGURE 4 GLOBAL PLASTIC RECYCLING MARKET: DRIVERS, RESTRAINT, AND OPPORTUNITIES (DRO) 24
FIGURE 5 GLOBAL PRIMARY PLASTICS PRODUCTION, 2020 (MILLION TONNES) 25
FIGURE 6 PACKAGING WASTE GENERATED, RECOVERED, AND RECYCLED IN EU, 2022-2030 25
FIGURE 7 GLOBAL PLASTIC WASTE BY DISPOSAL, 2022-2030 (%) 26
FIGURE 8 SUPPLY CHAIN: GLOBAL PLASTIC RECYCLING MARKET 30
FIGURE 9 GLOBAL PLASTIC RECYCLING MARKET, BY APPLICATION, 2020 (% SHARE) 34
FIGURE 10 GLOBAL PLASTIC RECYCLING MARKET, BY APPLICATION, 2022-2030 35
FIGURE 11 GLOBAL PLASTIC RECYCLING MARKET, BY MATERIAL, 2020 (% SHARE) 38
FIGURE 12 GLOBAL PLASTIC RECYCLING MARKET, BY MATERIAL, 2022-2030 39
FIGURE 13 GLOBAL PLASTIC RECYCLING MARKET, BY RECYCLING PROCESS, 2020 (% SHARE) 42
FIGURE 14 GLOBAL PLASTIC RECYCLING MARKET, BY RECYCLING PROCESS, 2022-2030 42
FIGURE 15 GLOBAL PLASTIC RECYCLING MARKET SHARE, BY REGION, 2020 (%) 45
FIGURE 16 GLOBAL PLASTIC RECYCLING MARKET, BY REGION, 2022-2030 45
FIGURE 17 ASIA-PACIFIC: PLASTIC RECYCLING MARKET SHARE, BY COUNTRY, 2020 (%) 47
FIGURE 18 ASIA-PACIFIC: PLASTIC RECYCLING MARKET SHARE, BY COUNTRY, 2022-2030 47
FIGURE 19 ASIA-PACIFIC: PLASTIC RECYCLING MARKET, BY APPLICATION, 2022-2030 48
FIGURE 20 ASIA-PACIFIC: PLASTIC RECYCLING MARKET, BY MATERIAL, 2022-2030 49
FIGURE 21 ASIA-PACIFIC: PLASTIC RECYCLING MARKET, BY RECYCLING PROCESS, 2022-2030 50
FIGURE 22 AMERICAS: PLASTIC RECYCLING MARKET SHARE, BY COUNTRY, 2020 (% SHARE) 58
FIGURE 23 AMERICAS: PLASTIC RECYCLING MARKET SHARE, BY COUNTRY, 2022-2030 58
FIGURE 24 AMERICAS: PLASTIC RECYCLING MARKET, BY APPLICATION, 2022-2030 59
FIGURE 25 AMERICAS: PLASTIC RECYCLING MARKET, BY MATERIAL, 2022-2030 60
FIGURE 26 AMERICAS: PLASTIC RECYCLING MARKET, BY RECYCLING PROCESS, 2022-2030 61
FIGURE 27 EUROPE: PLASTIC RECYCLING MARKET SHARE, BY COUNTRY, 2020 (% SHARE) 67
FIGURE 28 EUROPE: PLASTIC RECYCLING MARKET SHARE, BY COUNTRY, 2022-2030 67
FIGURE 29 EUROPE: PLASTIC RECYCLING MARKET, BY APPLICATION, 2022-2030 68
FIGURE 30 EUROPE: PLASTIC RECYCLING MARKET, BY MATERIAL, 2022-2030 69
FIGURE 31 EUROPE: PLASTIC RECYCLING MARKET, BY RECYCLING PROCESS, 2022-2030 70
FIGURE 32 MIDDLE EAST & AFRICA: PLASTIC RECYCLING MARKET, BY APPLICATION, 2022-2030 79
FIGURE 33 MIDDLE EAST & AFRICA: PLASTIC RECYCLING MARKET, BY MATERIAL, 2022-2030 80
FIGURE 34 MIDDLE EAST & AFRICA: PLASTIC RECYCLING MARKET, BY RECYCLING PROCESS, 2022-2030 81
FIGURE 35 GLOBAL PLASTIC RECYCLING MARKET: COMPETITIVE BENCHMARKING 83
FIGURE 36 GLOBAL PLASTIC RECYCLING MARKET: MARKET SHARE ANALYSIS 84
FIGURE 37 MBA POLYMERS INC.: SWOT ANALYSIS 92
FIGURE 38 KUUSAKOSKI GROUP OY: SALES REVENUE (USD MILLION), 2022-2030 93
FIGURE 39 KUUSAKOSKI GROUP OY: SEGMENTAL REVENUE SHARE (%), 2020 94
FIGURE 40 KUUSAKOSKI GROUP OY: REGIONAL REVENUE SHARE (%), 2020 94
