Thailand Recycled Plastics Market Size & Outlook, 2026-2033
Global Market
Related Markets
Thailand recycled plastics market highlights
- The Thailand recycled plastics market generated a revenue of USD 651.4 million in 2025 and is expected to reach USD 1,302.2 million by 2033.
- The Thailand market is expected to grow at a CAGR of 9.2% from 2026 to 2033.
- In terms of segment, polypropylene was the largest revenue generating product in 2025.
- Polyethylene Terephthalate is the most lucrative product segment registering the fastest growth during the forecast period.
Recycled plastics market data book summary
| Market revenue in 2025 | USD 651.4 million |
| Market revenue in 2033 | USD 1,302.2 million |
| Growth rate | 9.2% (CAGR from 2026 to 2033) |
| Largest segment | Polypropylene |
| Fastest growing segment | Polyethylene Terephthalate |
| Historical data | 2021 - 2024 |
| Base year | 2025 |
| Forecast period | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polyethylene, Polyethylene Terephthalate, Polypropylene, Polyvinyl Chloride, Polystyrene |
| Key market players worldwide | Rethmann AG & Co. KG, Biffa, Stericycle Inc, Republic Services Inc, Waste Management Inc, Veolia Environnement SA, Shell PLC, Waste Connections Inc, Clean Harbors Inc, Covestro AG |
Other key industry trends
- In terms of revenue, Thailand accounted for 1.1% of the global recycled plastics market in 2025.
- Country-wise, China is expected to lead the global market in terms of revenue in 2033.
- In Asia Pacific, China recycled plastics market is projected to lead the regional market in terms of revenue in 2033.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 34,214.8 million by 2033.
In 2018, Thailand government has launched the Plastic Waste Management plan with an aim of using 100% recycled plastics by 2027. The country is planning to ban the plastics bags less than 36 microns, Styrofoam in food packaging, and plastic cups & straws by 2022.
According to the Thailand Department of Environmental Quality Promotion, the country produces 27.04 million tons of plastic waste each yearThe demand for recycled plastics in building & construction application segment is increasing.
This is anticipated to drive the market growth over the forecast period. Increasing disposable income and rise in infrastructural development activities, especially in residential and public sectors, are expected to boost building & construction industry, thereby boosting recycled plastics market over the forecast period.
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Publish Date: Dec 12, 2025
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Recycled Plastics Market Scope
Recycled Plastics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Covestro AG | View profile | 17,520 | Kaiser-Wilhelm-Allee 60, Leverkusen, NW, Germany, 51373 | www.covestro.com/en |
| Veolia Environnement SA | View profile | 218,288 | 30, rue Madeleine Vionnet, Aubervilliers, France, 93300 | www.veolia.com |
| Shell PLC | View profile | 100,000 | Shell Centre, London, United Kingdom, SE1 7NA | www.shell.com |
| Waste Management Inc | View profile | 48,000 | 800 Capitol Street, Suite 3000, Houston, TX, United States, 77002 | www.wm.com |
| Clean Harbors Inc | View profile | 21,539 | 42 Longwater Drive, Norwell, MA, United States, 02061-9149 | www.cleanharbors.com |
| Republic Services Inc | View profile | 41,000 | 18500 North Allied Way, Phoenix, AZ, United States, 85054 | www.republicservices.com |
| Rethmann AG & Co. KG | View profile | 251-500 | Selm, Nordrhein-Westfalen, Germany, Europe | www.rethmann-gruppe.de |
| Biffa | View profile | 5001-10000 | High Wycombe, Buckinghamshire, United Kingdom, Europe | www.biffa.co.uk |
| Waste Connections Inc | View profile | 22,539 | 6220 Highway 7, Suite 600, Woodbridge, Vaughan, ON, Canada, L4H 4G3 | www.wasteconnections.com |
| Stericycle Inc | View profile | 13,500 | 2355 Waukegan Road, Bannockburn, IL, United States, 60015 | www.stericycle.com |
Thailand Recycled 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 Recycled Plastics Market Outlook will help companies and investors design strategic landscapes.
Polypropylene was the largest segment with a revenue share of 31.09% in 2025.
Horizon Databook has segmented the Thailand recycled plastics market based on polyethylene, polyethylene terephthalate, polypropylene, polyvinyl chloride, polystyrene covering the revenue growth of each sub-segment from 2021 to 2033.
In 2018, Thailand government has launched the Plastic Waste Management plan with an aim of using 100% recycled plastics by 2027. The country is planning to ban the plastics bags less than 36 microns, Styrofoam in food packaging, and plastic cups & straws by 2022.
According to the Thailand Department of Environmental Quality Promotion, the country produces 27.04 million tons of plastic waste each yearThe demand for recycled plastics in building & construction application segment is increasing.
This is anticipated to drive the market growth over the forecast period. Increasing disposable income and rise in infrastructural development activities, especially in residential and public sectors, are expected to boost building & construction industry, thereby boosting recycled plastics market over the forecast period.
- Thailand Recycled Plastics Market Product Outlook (Revenue, USD Million , 2021-2033)
- Polyethylene
- Polyethylene Terephthalate
- Polypropylene
- Polyvinyl Chloride
- Polystyrene
- Others
- Thailand Recycled Plastics Market Source Outlook (Revenue, USD Million , 2021-2033)
- Plastic Bottles
- Plastic Films
- Polymer Foam
- Others
- Thailand Recycled Plastics Market Application Outlook (Revenue, USD Million , 2021-2033)
- Building & Construction
- Packaging
- Electrical & Electronics
- Textiles
- Automotive
- Others
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Horizon Databook provides a detailed overview of country-level data and insights on the Thailand Recycled Plastics Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Thailand Recycled Plastics Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Thailand Recycled Plastics Market, 2021-2033 (US$M)
Thailand recycled plastics market statistics, by product, 2021-2033 (US$M)
