Global Marine Plastic Recycling Market Growth (Status and Outlook) 2025-2031

The global Marine Plastic Recycling market size is predicted to grow from US$ 314 million in 2025 to US$ 433 million in 2031; it is expected to grow at a CAGR of 5.5% from 2025 to 2031.

Marine Plastic Recycling is the process of collecting, cleaning, and repurposing plastic waste from oceans, rivers, and coastal areas to reduce environmental pollution and promote sustainability. The collected plastic undergoes sorting, washing, shredding, and reprocessing to be transformed into rPET (recycled PET), synthetic fibers, reusable packaging, and eco-friendly products.

United States market for Marine Plastic Recycling is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Marine Plastic Recycling is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Marine Plastic Recycling is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Marine Plastic Recycling players cover Veolia, Maersk, Ocean Material, Plastic Bank, Bantam Materials UK Ltd., etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LPI (LP Information)' newest research report, the “Marine Plastic Recycling Industry Forecast” looks at past sales and reviews total world Marine Plastic Recycling sales in 2024, providing a comprehensive analysis by region and market sector of projected Marine Plastic Recycling sales for 2025 through 2031. With Marine Plastic Recycling sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Marine Plastic Recycling industry.

This Insight Report provides a comprehensive analysis of the global Marine Plastic Recycling landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Marine Plastic Recycling portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Marine Plastic Recycling market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Marine Plastic Recycling and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Marine Plastic Recycling.

This report presents a comprehensive overview, market shares, and growth opportunities of Marine Plastic Recycling market by product type, application, key players and key regions and countries.

Segmentation by Type:
Glass Shards
Fishing Nets
Plastic Tableware
Others

Segmentation by Application:
Enterprises
Government
Social Welfare Organizations
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Veolia
Maersk
Ocean Material
Plastic Bank
Bantam Materials UK Ltd.
4ocean
ReSea Project
Plastic Fischer
The Ocean Cleanup
Waterhaul
Aker Biomarine

Please note: The report will take approximately 2 business days to prepare and deliver.