Published on: Thursday, 23 April 2026 ● 5 Min Read
Dublin, April 23, 2026 (GLOBE NEWSWIRE) -- The "Plastics Recycling: Global Markets" report has been added to ResearchAndMarkets.com's offering.
The global market for plastics recycling was valued at $47.9 billion in 2025 and is estimated to reach $67.6 billion by 2030, at a compound annual growth rate (CAGR) of 7.1% from 2025 through 2030.
This report provides an overview of the global plastics recycling market. The market is segmented based on type, technology, end-use industry, and region. The base year for this analysis is 2024, and market estimates and forecasts are provided from 2025 through 2030. The market estimates are provided in terms of revenue ($ million).
Plastic recycling transforms used plastics into new products, benefiting the environment by conserving resources, reducing waste and carbon dioxide emissions, and decreasing the reliance on fossil fuels. It also creates jobs and economic growth, especially in countries with developing waste management systems.
Growing optimism and increasing public awareness are driving a surge in investment in the global plastics recycling market, leading to the development of innovative technologies and a greater adoption of circular economic practices. However, plastic recycling often faces economic challenges, as well as issues with contamination, sorting, and collection.
Polyethylene terephthalate held the largest market share in 2024 and is expected to see strong growth from 2025 to 2030, driven by stricter regulations and global commitments from consumer goods companies, retail brands, and apparel manufacturers. Investments in new plants by leading companies, along with improved large-scale efficiency, are advancing mechanical recycling technology. The packaging industry remains the largest end user of recycled plastic.
Technological Advances and Applications
New technological advances are revolutionizing the plastic recycling industry, leading to increased efficiency, improved material quality, and enhanced circularity. Advanced sorting technologies, such as AI-enabled optical sorters and near-infrared (NIR) systems, enable the more accurate identification and separation of plastic waste streams. Also, chemical recycling technologies, including depolymerization, pyrolysis, and solvent-based processes, have accelerated advances in handling of complex, multilayer, and other plastics that are challenging to recycle through traditional mechanical methods.
Automation, robotics, and data analytics are also being introduced into collection, sorting, and reprocessing operations to improve efficiency, reduce the amount of contaminated recycled products produced, and lower operational costs. In addition, advances in compatibilizers and additives are allowing recycled plastics to have improved performance when utilized in high-value applications, such as packaging, automotive, and consumer products.
Report Highlights
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 166 |
| Forecast Period | 2025 - 2030 |
| Estimated Market Value (USD) in 2025 | $47.9 Billion |
| Forecasted Market Value (USD) by 2030 | $67.6 Billion |
| Compound Annual Growth Rate | 7.1% |
| Regions Covered | Global |
Market Dynamics
Emerging Technologies and Developments
Competitive Intelligence
Company Profiles
Market Overview
Sustainability in Global Plastics Recycling Market: An ESG Perspective
Report Scope
Based on type, the plastics recycling market is segmented into the following:
Based on technology, the plastics recycling market is segmented into the following:
Based on end-use industry, the plastics recycling market is segmented into the following:
Based on region, the plastics recycling market is segmented into the following:
For more information about this report visit https://www.researchandmarkets.com/r/dmf3e2
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