Global Chemical Recycling Of Plastics Market Size & Outlook

The chemical recycling of plastics industry worldwide is expected to reach a projected revenue of US$ 18,386.2 million by 2030. A compound annual growth rate of 4.9% is expected of the worldwide chemical recycling of plastics industry from 2024 to 2030.

Revenue, 2023 (US$M)
$13,148.3
Forecast, 2030 (US$M)
$18,386.2
CAGR, 2024 - 2030
4.9%
Report Coverage
Worldwide

Global chemical recycling of plastics market, 2018-2030 (US$M)

Related Markets

Global chemical recycling of plastics market highlights

  • The global chemical recycling of plastics market generated a revenue of USD 13,148.3 million in 2023 and is expected to reach USD 18,386.2 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 4.9% by 2030.
  • In terms of segment, depolymerization accounted for a revenue of USD 5,965.5 million in 2023.
  • Depolymerization is the most lucrative type segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2023.
  • Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 13,148.3 million
Market revenue in 2030USD 18,386.2 million
Growth rate4.9% (CAGR from 2023 to 2030)
Largest segmentDepolymerization
Fastest growing segmentDepolymerization
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationDepolymerization, Dissolution, Conversion

Other key industry trends

  • In terms of revenue, the North America accounted for 21.2% of the global chemical recycling of plastics market in 2023.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, South Africa is the fastest growing regional market and is projected to reach USD 215.0 million by 2030.

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Chemical Recycling Of Plastics Market Scope

Chemical recycling of plastics market segmentation & scope
Depolymerization
Dissolution
Conversion
PE
PET
PP
PVC
PS
Others
Packaging
Automotive
Building & Construction
Electrical & Electronics
Textiles
Others

Chemical Recycling Of Plastics Market Companies

Name Profile # Employees HQ Website

Global chemical recycling of plastics market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to chemical recycling of plastics market will help companies and investors design strategic landscapes.


Depolymerization was the largest segment with a revenue share of 45.37% in 2023. Horizon Databook has segmented the Global chemical recycling of plastics market based on depolymerization, dissolution, conversion covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Chemical Recycling Of Plastics Type Outlook (Revenue, USD Million, 2018-2030)
    • Depolymerization
    • Dissolution
    • Conversion
  • Global Chemical Recycling Of Plastics Product Outlook (Revenue, USD Million, 2018-2030)
    • PE
    • PET
    • PP
    • PVC
    • PS
    • Others
  • Global Chemical Recycling Of Plastics End Use Outlook (Revenue, USD Million, 2018-2030)
    • Packaging
    • Automotive
    • Building & Construction
    • Electrical & Electronics
    • Textiles
    • Others

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Horizon Databook provides a detailed overview of global-level data and insights on the Global chemical recycling of plastics market , including forecasts for subscribers. This global databook contains high-level insights into Global chemical recycling of plastics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global chemical recycling of plastics market size, by regions, 2018-2030 (US$M)

Top 10 countries: Chemical recycling of plastics market size, 2023 (US$M)

Global chemical recycling of plastics market share, by type, 2023 & 2030 (%, US$M)

Chemical Recycling Of Plastics Market: Opportunity Assessment By Country

Global chemical recycling of plastics market, by region, 2023 (US$M)

Global chemical recycling of plastics market size, by regions, 2018-2030 (US$M)

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