Report overview
The global Municipal Plastic Waste Recycling market size was valued at US$ 34.56 billion in 2024 and is projected to reach US$ 67.89 billion by 2030, at a CAGR of 11.9% during the forecast period 2024-2030.
The United States Municipal Plastic Waste Recycling market size was valued at US$ 8.92 billion in 2024 and is projected to reach US$ 16.78 billion by 2030, at a CAGR of 11.1% during the forecast period 2024-2030.
Municipal Plastic Waste Recycling involves the collection, sorting, processing, and conversion of post-consumer plastic waste into reusable materials.
The global market is experiencing rapid growth, driven by environmental regulations and sustainability initiatives. In 2023, recycling volume reached 85 million metric tons globally, with PET accounting for 35% of recycled materials. The market saw a 45% increase in chemical recycling adoption in 2023. Mechanical recycling dominates with a 80% market share, while chemical recycling is growing at 20% annually. Europe leads with a 35% market share, while Asia Pacific is the fastest-growing region at 13.5% CAGR. The industry is focusing on developing advanced recycling technologies, with a 50% growth in R&D investments for process efficiency.
Report Overview
Municipal Plastic Waste Recycling refers to the process of collecting, sorting, and processing plastic waste generated in municipalities to produce new plastic products or raw materials.
This report provides a deep insight into the global Municipal Plastic Waste Recycling market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Municipal Plastic Waste Recycling Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Municipal Plastic Waste Recycling market in any manner.
Global Municipal Plastic Waste Recycling Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
Clear Path Recycling
Clean Tech Incorporated
Mohawk Industries Incorporated
CarbonLite Industries
Envision Plastics Industries
Advanced Environmental Recycling Technologies Incorporated
Evergreen Plastics
PolyQuest
Phoenix Technologies
Verdeco Recycling
Custom Polymers
KW plastics
Extrupet
Greentech
Veolia Polymers
Hahn Plastics
PLASgran
APR2 Plast
Luxus
Viridor
Centriforce
Visy
Kyoei Industry
Wellpine Plastic Industical
Fuqing Topway Plastics Industrial
Intco
Suzhou Jiulong Recy & Tech
Longfu Recycling Energy Scientech
Market Segmentation (by Type)
PET
PP
HDPE
LDPE
Other
Market Segmentation (by Application)
Packaging & Consumer Goods
Construction
Textile fiber / clothing
Landscaping/Street furniture
Other Uses
Geographic Segmentation
