China Chemical Recycling Of Plastics Market Size & Outlook
Related Markets
China chemical recycling of plastics market highlights
- The China chemical recycling of plastics market generated a revenue of USD 1,097.7 million in 2024 and is expected to reach USD 1,977.6 million by 2030.
- The China market is expected to grow at a CAGR of 10.3% from 2025 to 2030.
- In terms of segment, depolymerization was the largest revenue generating type in 2024.
- Depolymerization is the most lucrative type segment registering the fastest growth during the forecast period.
Chemical recycling of plastics market data book summary
| Market revenue in 2024 | USD 1,097.7 million |
| Market revenue in 2030 | USD 1,977.6 million |
| Growth rate | 10.3% (CAGR from 2025 to 2030) |
| Largest segment | Depolymerization |
| Fastest growing segment | Depolymerization |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Depolymerization, Dissolution, Conversion |
| Key market players worldwide | Agilyx ASA Ordinary Shares, Basf SE, INEOS, Veolia Environnement SA, Eastman Chemical Co, SABIC, LyondellBasell Industries NV Class A, Maire Tecnimont, Recycling Technologies, JEPLAN |
Other key industry trends
- In terms of revenue, China accounted for 7.0% of the global chemical recycling of plastics market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China chemical recycling of plastics market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,977.6 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Chemical Recycling Of Plastics Market Scope
Chemical Recycling Of Plastics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| JEPLAN | View profile | 101-250 | Tokyo, Tokyo, Japan, Asia | http://www.jeplan.co.jp/en |
| Recycling Technologies | View profile | 51-100 | Swindon, Wiltshire, United Kingdom, Europe | https://recyclingtechnologies.co.uk/ |
| Maire Tecnimont | View profile | 5001-10000 | Milan, Lombardia, Italy, Europe | https://www.mairetecnimont.com/en/home |
| Agilyx ASA Ordinary Shares | View profile | 114 | 13240 SW Wall Street, Tigard, OR, United States, 97223 | https://www.agilyx.com |
| INEOS | View profile | 10001+ | Rolle, Geneve, Switzerland, Europe | http://www.ineos.com/ |
| SABIC | View profile | 10001+ | Riyadh, Ar Riyad, Saudi Arabia, Asia | http://www.sabic.com |
| Eastman Chemical Co | View profile | 14000 | 200 South Wilcox Drive, Kingsport, TN, United States, 37662 | https://www.eastman.com |
| Veolia Environnement SA | View profile | 218288 | 30, rue Madeleine Vionnet, Aubervilliers, France, 93300 | https://www.veolia.com |
| LyondellBasell Industries NV Class A | View profile | 20000 | One Vine Street, 4th Floor, London, United Kingdom, W1J0AH | https://www.lyondellbasell.com |
| Basf SE | View profile | 111855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | https://www.basf.com |
China 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 45.53% in 2024. Horizon Databook has segmented the China chemical recycling of plastics market based on depolymerization, dissolution, conversion covering the revenue growth of each sub-segment from 2018 to 2030.
China was the largest importer of plastic waste in the world before the introduction of ban in December 2018. However, citing environment and health concerns at the World Trade Organization in July 2017, the country announced that it is going to ban the import of 24 types of waste, 5 of which were different types of plastics.
This development has redirected plastic waste to Southeast Asian countries in huge quantities, which has compelled Chinese recyclers to relocate to Southeast Asia countries. Although China no longer imports plastic waste, there is a growing market demand for recycled plastics made of plastic waste.
As global brands focus on reducing the use of virgin plastic and increasing the consumption of recycled plastics, the demand for recycled plastics is soaring across the globe, which has also led to the establishment of chemical recycling plants in China.
Reasons to subscribe to China chemical recycling of plastics market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of China chemical recycling of plastics market databook
-
Our clientele includes a mix of chemical recycling of plastics market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the China chemical recycling of plastics market , including forecasts for subscribers. This country databook contains high-level insights into China chemical recycling of plastics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
China chemical recycling of plastics market size, by end use, 2018-2030 (US$M)
China Chemical Recycling Of Plastics Market Outlook Share, 2024 & 2030 (US$M)
Related industry reports
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
