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

The global Waste Plastic Recycling and Processing market size is predicted to grow from US$ 34500 million in 2025 to US$ 57930 million in 2031; it is expected to grow at a CAGR of 9.0% from 2025 to 2031.

Waste plastic recycling and processing refers to the process of recycling waste plastics and reprocessing the materials into functional and useful products. The goal of recycling plastic is to reduce the high rate of plastic pollution while reducing the pressure on virgin materials to produce brand new plastic products.

The increase in electrical and electronic products, personal care products, and personal protective equipment products has increased the demand for various packaging products. Driving the demand for different recycled plastics. Growth in the construction industry in emerging economies drives the manufacturing demand for insulation materials, fixtures, structural lumber, windows, fencing, and various other components over the forecast period. The growth of recycled plastics in the construction market is also driving the growth of the industry.

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

This Insight Report provides a comprehensive analysis of the global Waste Plastic Recycling and Processing 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 Waste Plastic Recycling and Processing portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Waste Plastic Recycling and Processing market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Waste Plastic Recycling and Processing 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 Waste Plastic Recycling and Processing.

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

Segmentation by Type:
Mechanical Processing
Chemical Recycling

Segmentation by Application:
PET
PP
HDPE
LDPE
Other Plastic

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.
Repeat Plastics Australia Pty Ltd.
Clear Path Recycling LLC
HDPE
Reprocessed Plastics,Inc.
PLASGRAN LIMITED
Berry Global Inc(PLASgran Limited)
CarbonLITE Industries
Luxus Ltd
KW Plastics
Envision Plastics&Design
CUSTOM POLYMERS
Shanghai PRET Composites Company(Wellman Advanced Materials)
Intco

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