
Global Solvent-based Plastic Recycling Market Size Study, by Recyclable Plastic Type (Polyethylene Terephthalate (PET), High-Density Polyethylene (HDPE), Polyvinyl Chloride (PVC), Low-Density Polyethylene (LDPE), Polypropylene (PP)), by Recycled Plastic F
Description
Global Solvent-based Plastic Recycling Market Size Study, by Recyclable Plastic Type (Polyethylene Terephthalate (PET), High-Density Polyethylene (HDPE), Polyvinyl Chloride (PVC), Low-Density Polyethylene (LDPE), Polypropylene (PP)), by Recycled Plastic Form (Flakes, Pellets, Powder), by Application (Automotive, Packaging, Construction, Consumer Goods, Textiles), by End-Use Product (Bottles, Films, Pipes, Automotive Parts, Construction Materials), and Regional Forecasts 2022-2032
The Global Solvent-based Plastic Recycling Market is valued at approximately USD 21.43 billion in 2023 and is anticipated to grow at a CAGR of 10.60% over the forecast period 2024-2032. Solvent-based plastic recycling represents a transformative solution in addressing the environmental challenges posed by plastic waste. Unlike conventional methods, this technology selectively dissolves plastic polymers, enabling the recovery of high-purity materials for reuse. With growing global emphasis on sustainability, this innovative recycling approach offers a promising pathway to reducing landfill dependency and curbing pollution, making it a cornerstone of the circular economy.
This market's expansion is driven by rising environmental awareness and regulatory measures aimed at reducing plastic waste. Applications in industries such as automotive, packaging, and construction are boosting demand for recycled plastic forms like flakes, pellets, and powders. For instance, the packaging sector increasingly adopts recycled materials to align with consumer preferences for eco-friendly solutions. However, challenges such as high processing costs and limited infrastructure in developing regions may hinder growth. Advances in solvent recovery technologies and increased adoption of automation are expected to mitigate these challenges, fostering greater scalability and cost-efficiency.
Regionally, North America dominates the market, supported by stringent environmental policies and robust recycling infrastructure. Europe follows closely, driven by ambitious sustainability targets and investments in advanced recycling technologies. Meanwhile, the Asia-Pacific region is poised for remarkable growth, fueled by rapid industrialization, growing awareness about environmental impacts, and supportive government initiatives in countries like China, Japan, and India. Latin America and the Middle East & Africa are also emerging as significant players, with increasing investments in recycling facilities and growing adoption of sustainable practices across industries.
Major market players included in this report are:
• BASF SE
• Veolia Environnement S.A.
• Indorama Ventures Public Company Limited
• LyondellBasell Industries Holdings B.V.
• SABIC
• Eastman Chemical Company
• Dow Inc.
• Borealis AG
• Loop Industries, Inc.
• Green Mantra Technologies
• Plastic Energy Ltd.
• Teijin Limited
• PureCycle Technologies, Inc.
• Alpek S.A.B. de C.V.
• Suez Recycling & Recovery
The detailed segments and sub-segments of the market are explained below:
By Recyclable Plastic Type:
• Polyethylene Terephthalate (PET)
• High-Density Polyethylene (HDPE)
• Polyvinyl Chloride (PVC)
• Low-Density Polyethylene (LDPE)
• Polypropylene (PP)
By Recycled Plastic Form:
• Flakes
• Pellets
• Powder
By Application:
• Automotive
• Packaging
• Construction
• Consumer Goods
• Textiles
By End-Use Product:
• Bottles
• Films
• Pipes
• Automotive Parts
• Construction Materials
By Region:
• North America:
U.S.
Canada
• Europe:
UK
Germany
France
Spain
Italy
Rest of Europe
• Asia Pacific:
China
India
Japan
Australia
South Korea
Rest of Asia Pacific
• Latin America:
Brazil
Mexico
• Middle East & Africa:
Saudi Arabia
South Africa
Rest of Middle East & Africa
Years considered for the study are as follows:
• Historical year: 2022
• Base year: 2023
• Forecast period: 2024 to 2032
Key Takeaways:
• Market estimates and forecasts for 10 years from 2022 to 2032.
• Annualized revenues and regional-level analysis for each market segment.
• Comprehensive insights into geographical trends with country-specific analysis.
• Detailed competitive landscape featuring major industry players.
• Strategic recommendations and forward-looking insights for stakeholders.
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
Table of Contents
285 Pages
- Chapter 1. Global Solvent-based Plastic Recycling Market Executive Summary
- 1.1. Global Solvent-based Plastic Recycling Market Size & Forecast (2022-2032)
- 1.2. Regional Summary
- 1.3. Segmental Summary
- 1.3.1. By Recyclable Plastic Type
- 1.3.2. By Recycled Plastic Form
- 1.3.3. By Application
- 1.3.4. By End-Use Product
- 1.4. Key Trends
- 1.5. Recession Impact
- 1.6. Analyst Recommendation & Conclusion
- Chapter 2. Global Solvent-based Plastic Recycling Market Definition and Research Assumptions
- 2.1. Research Objective
- 2.2. Market Definition
- 2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
- 2.3.3.1. Availability
- 2.3.3.2. Infrastructure
- 2.3.3.3. Regulatory Environment
- 2.3.3.4. Market Competition
- 2.3.3.5. Economic Viability (Consumer’s Perspective)
- 2.3.4. Demand Side Analysis
- 2.3.4.1. Regulatory Frameworks
- 2.3.4.2. Technological Advancements
- 2.3.4.3. Environmental Considerations
- 2.3.4.4. Consumer Awareness & Acceptance
- 2.4. Estimation Methodology
- 2.5. Years Considered for the Study
- 2.6. Currency Conversion Rates
- Chapter 3. Global Solvent-based Plastic Recycling Market Dynamics
- 3.1. Market Drivers
- 3.1.1. Rising Environmental Awareness and Regulatory Measures
- 3.1.2. Growth in Automotive and Packaging Industries
- 3.1.3. Technological Advancements in Solvent Recovery
- 3.2. Market Challenges
- 3.2.1. High Processing Costs
- 3.2.2. Limited Infrastructure in Developing Regions
- 3.3. Market Opportunities
- 3.3.1. Expansion into Emerging Markets
- 3.3.2. Development of Bio-based and Low-Density Recycled Plastics
- 3.3.3. Strategic Partnerships and Collaborations
- Chapter 4. Global Solvent-based Plastic Recycling Market Industry Analysis
- 4.1. Porter’s 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter’s 5 Force Model
- 4.1.7. Porter’s 5 Force Impact Analysis
- 4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
- 4.3. Top Investment Opportunities
- 4.4. Top Winning Strategies
- 4.5. Disruptive Trends
- 4.6. Industry Expert Perspective
- 4.7. Analyst Recommendation & Conclusion
- Chapter 5. Global Solvent-based Plastic Recycling Market Size & Forecasts by Recyclable Plastic Type 2022-2032
- 5.1. Segment Dashboard
- 5.2. Global Solvent-based Plastic Recycling Market: Recyclable Plastic Type Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 5.2.1. Polyethylene Terephthalate (PET)
- 5.2.2. High-Density Polyethylene (HDPE)
- 5.2.3. Polyvinyl Chloride (PVC)
- 5.2.4. Low-Density Polyethylene (LDPE)
- 5.2.5. Polypropylene (PP)
- Chapter 6. Global Solvent-based Plastic Recycling Market Size & Forecasts by Recycled Plastic Form 2022-2032
- 6.1. Segment Dashboard
- 6.2. Global Solvent-based Plastic Recycling Market: Recycled Plastic Form Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 6.2.1. Flakes
- 6.2.2. Pellets
- 6.2.3. Powder
- Chapter 7. Global Solvent-based Plastic Recycling Market Size & Forecasts by Application 2022-2032
- 7.1. Segment Dashboard
- 7.2. Global Solvent-based Plastic Recycling Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 7.2.1. Automotive
- 7.2.2. Packaging
- 7.2.3. Construction
- 7.2.4. Consumer Goods
- 7.2.5. Textiles
- Chapter 8. Competitive Intelligence
- 8.1. Key Company SWOT Analysis
- 8.1.1. BASF SE
- 8.1.2. Veolia Environnement S.A.
- 8.1.3. Indorama Ventures Public Company Limited
- 8.2. Top Market Strategies
- 8.3. Company Profiles
- 8.3.1. BASF SE
- 8.3.1.1. Key Information
- 8.3.1.2. Overview
- 8.3.1.3. Financial (Subject to Data Availability)
- 8.3.1.4. Product Summary
- 8.3.1.5. Market Strategies
- 8.3.2. Veolia Environnement S.A.
- 8.3.3. Indorama Ventures Public Company Limited
- 8.3.4. LyondellBasell Industries Holdings B.V.
- 8.3.5. SABIC
- 8.3.6. Eastman Chemical Company
- 8.3.7. Dow Inc.
- 8.3.8. Borealis AG
- 8.3.9. Loop Industries, Inc.
- 8.3.10. Green Mantra Technologies
- Chapter 9. Research Process
- 9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
- 9.2. Research Attributes
- List of Tables
- TABLE 1. Global Solvent-based Plastic Recycling Market, Report Scope
- TABLE 2. Global Solvent-based Plastic Recycling Market Estimates & Forecasts by Region 2022-2032 (USD Million/Billion)
- TABLE 3. Global Solvent-based Plastic Recycling Market Estimates & Forecasts by Recyclable Plastic Type 2022-2032 (USD Million/Billion)
- TABLE 4. Global Solvent-based Plastic Recycling Market Estimates & Forecasts by Recycled Plastic Form 2022-2032 (USD Million/Billion)
- TABLE 5. Global Solvent-based Plastic Recycling Market Estimates & Forecasts by Application 2022-2032 (USD Million/Billion)
- TABLE 6. Global Solvent-based Plastic Recycling Market Estimates & Forecasts by End-Use Product 2022-2032 (USD Million/Billion)
- TABLE 7. Global Solvent-based Plastic Recycling Market by Segment, Estimates & Forecasts, 2022-2032 (USD Million/Billion)
- TABLE 8. Global Solvent-based Plastic Recycling Market by Region, Estimates & Forecasts, 2022-2032 (USD Million/Billion)
- TABLE 9. Global Solvent-based Plastic Recycling Market by Segment, Estimates & Forecasts, 2022-2032 (USD Million/Billion)
- TABLE 10. Global Solvent-based Plastic Recycling Market by Region, Estimates & Forecasts, 2022-2032 (USD Million/Billion)
- TABLE 11. Global Solvent-based Plastic Recycling Market by Segment, Estimates & Forecasts, 2022-2032 (USD Million/Billion)
- TABLE 12. Global Solvent-based Plastic Recycling Market by Region, Estimates & Forecasts, 2022-2032 (USD Million/Billion)
- TABLE 13. Global Solvent-based Plastic Recycling Market by Segment, Estimates & Forecasts, 2022-2032 (USD Million/Billion)
- TABLE 14. Global Solvent-based Plastic Recycling Market by Region, Estimates & Forecasts, 2022-2032 (USD Million/Billion)
- TABLE 15. U.S. Solvent-based Plastic Recycling Market Estimates & Forecasts, 2022-2032 (USD Million/Billion)
- TABLE 16. U.S. Solvent-based Plastic Recycling Market Estimates & Forecasts by Segment 2022-2032 (USD Million/Billion)
- TABLE 17. U.S. Solvent-based Plastic Recycling Market Estimates & Forecasts by Segment 2022-2032 (USD Million/Billion)
- TABLE 18. Canada Solvent-based Plastic Recycling Market Estimates & Forecasts, 2022-2032 (USD Million/Billion)
- TABLE 19. Canada Solvent-based Plastic Recycling Market Estimates & Forecasts by Segment 2022-2032 (USD Million/Billion)
- TABLE 20. Canada Solvent-based Plastic Recycling Market Estimates & Forecasts by Segment 2022-2032 (USD Million/Billion)
- This list is not complete, final report does contain more than 100 tables. The list may be updated in the final deliverable.
- List of Figures
- FIG 1. Global Solvent-based Plastic Recycling Market, Research Methodology
- FIG 2. Global Solvent-based Plastic Recycling Market, Market Estimation Techniques
- FIG 3. Global Market Size Estimates & Forecast Methods
- FIG 4. Global Solvent-based Plastic Recycling Market, Key Trends 2023
- FIG 5. Global Solvent-based Plastic Recycling Market, Growth Prospects 2022-2032
- FIG 6. Global Solvent-based Plastic Recycling Market, Porter’s 5 Force Model
- FIG 7. Global Solvent-based Plastic Recycling Market, PESTEL Analysis
- FIG 8. Global Solvent-based Plastic Recycling Market, Value Chain Analysis
- FIG 9. Global Solvent-based Plastic Recycling Market by Segment, 2022 & 2032 (USD Million/Billion)
- FIG 10. Global Solvent-based Plastic Recycling Market by Segment, 2022 & 2032 (USD Million/Billion)
- FIG 11. Global Solvent-based Plastic Recycling Market by Segment, 2022 & 2032 (USD Million/Billion)
- FIG 12. Global Solvent-based Plastic Recycling Market by Segment, 2022 & 2032 (USD Million/Billion)
- FIG 13. Global Solvent-based Plastic Recycling Market by Segment, 2022 & 2032 (USD Million/Billion)
- FIG 14. Global Solvent-based Plastic Recycling Market, Regional Snapshot 2022 & 2032
- FIG 15. North America Solvent-based Plastic Recycling Market 2022 & 2032 (USD Million/Billion)
- FIG 16. Europe Solvent-based Plastic Recycling Market 2022 & 2032 (USD Million/Billion)
- FIG 17. Asia-Pacific Solvent-based Plastic Recycling Market 2022 & 2032 (USD Million/Billion)
- FIG 18. Latin America Solvent-based Plastic Recycling Market 2022 & 2032 (USD Million/Billion)
- FIG 19. Middle East & Africa Solvent-based Plastic Recycling Market 2022 & 2032 (USD Million/Billion)
- FIG 20. Global Solvent-based Plastic Recycling Market, Company Market Share Analysis (2023)
- This list is not complete, final report does contain more than 50 figures. The list may be updated in the final deliverable.
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.