General Purpose Plastics Recycling Market size was valued at USD 4.5 Billion in 2024 and is projected to reach USD 10.2 Billion by 2033, exhibiting a CAGR of 9.8% from 2026 to 2033.
In 2022, the General Purpose Plastics Recycling market was valued at approximately $30 billion and is projected to reach around $50 billion by 2030, reflecting a compound annual growth rate (CAGR) of about 6.5% during the forecast period. Regionally, the Asia Pacific held the largest market share in 2022, driven by increasing consumer and business awareness regarding environmental impacts of plastic pollution, as well as stricter governmental regulations on plastic waste disposal.Europe accounted for the second largest market share, bolstered by ambitious recycling targets set by the European Union, such as recycling 50% of plastic packaging waste by 2025. This regulatory environment, coupled with consumer willingness to pay a premium for products made from recycled materials, supports market growth. North America also demonstrated significant market presence, with heightened environmental concerns and governmental regulations promoting plastic recycling practices. These regional dynamics present substantial opportunities for market expansion, particularly in developing economies where industrialization and environmental awareness are on the rise.
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Far Eastern New Century
Longfu Recycling Energy Scientech
MBA Polymers
DAK Americas
Plastipak Holdings
Visy
Envision
Evergreen Plastics
Imerys Group
Greentech
KW Plastics
Indorama Ventures (Custom Polymers PET)
Plastrec
Viridor
EFS Plastics
Vogt-Plastic
Biffa
St. Joseph Plastics
Plastic Forests
Tangent Technologies
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global General Purpose Plastics Recycling Market
Polyethylene Terephthalate (PET)
High-Density Polyethylene (HDPE)
Polyvinyl Chloride (PVC)
Low-Density Polyethylene (LDPE)
Polypropylene (PP)
Polystyrene (PS)
Packaging
Building and Construction
Automotive
Textiles
Electronics
Consumer Goods
Mechanical Recycling
Chemical Recycling
Thermal Recycling
Biological Recycling
Curbside Collection
Drop-off Centers
Deposit Refund Scheme
Commercial Collection
Industrial Recycling Programs
Urban Areas
Rural Areas
Industrial Zones
Commercial Zones
Institutional Collections (e.g. schools, hospitals)
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global General Purpose Plastics Recycling Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global General Purpose Plastics Recycling Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global General Purpose Plastics Recycling Market, By Type
6. Global General Purpose Plastics Recycling Market, By Application
7. Global General Purpose Plastics Recycling Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global General Purpose Plastics Recycling Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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