Global Recycled Plastics Resin Market Growth 2025-2031

The global Recycled Plastics Resin market size is predicted to grow from US$ 13250 million in 2025 to US$ 19510 million in 2031; it is expected to grow at a CAGR of 6.7% from 2025 to 2031.

Recycled plastics resin refers to plastic materials that have been processed and repurposed from post-consumer or post-industrial plastic waste. These plastics are collected, cleaned, and then converted back into a resin form that can be used to produce new products. Recycled plastic resin helps reduce the environmental impact of plastic waste by diverting it from landfills and reusing it in manufacturing. It is commonly used in a variety of applications, including packaging, automotive parts, construction materials, and consumer goods. The most commonly recycled plastics include polyethylene (PET), high-density polyethylene (HDPE), and polypropylene (PP).

The market for recycled plastics resin is experiencing significant growth due to increasing environmental awareness and government regulations aimed at reducing plastic waste. Consumers and companies alike are pushing for more sustainable solutions, leading to greater adoption of recycled plastics in manufacturing. Innovations in recycling technologies and processes, such as advanced sorting techniques, chemical recycling, and upcycling, are improving the quality and scope of recycled resins. Additionally, the growing focus on circular economies, where products and materials are reused and recycled, is driving the demand for recycled plastics in various industries, including packaging, automotive, and construction.

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

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

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Recycled Plastics Resin 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 Recycled Plastics Resin.

This report presents a comprehensive overview, market shares, and growth opportunities of Recycled Plastics Resin market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Polyethylene Terephthalate(PETE or PET)
High-density Polyethylene (HDPE)
Polypropylene (PP)

Segmentation by Application:
Packaging
Building & Construction
Automotive
Furniture
Consumer Electronics
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 analysing the company's coverage, product portfolio, its market penetration.
SABIC
Dow Chemical
Veolia
BASF
Indorama Ventures
LyondellBasell
Mitsui Chemicals
TotalEnergies
Alpek Polyester
Braskem
PolyOne Corporation
P&G Chemicals
ReNew ELP
Circle Economy
Rendana
The Plastic Bank
Green Dot Bioplastics
Covestro AG
Lasec SA
Envision Plastics

Key Questions Addressed in this Report

What is the 10-year outlook for the global Recycled Plastics Resin market?

What factors are driving Recycled Plastics Resin market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Recycled Plastics Resin market opportunities vary by end market size?

How does Recycled Plastics Resin break out by Type, by Application?

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