Europe Recycled Thermoplastics Market Size & Outlook
Europe recycled thermoplastics market highlights
- The Europe recycled thermoplastics market generated a revenue of USD 8,242.8 million in 2023.
- The market is expected to grow at a CAGR of 9.7% from 2024 to 2030.
- In terms of segment, flakes was the largest revenue generating form in 2023.
- Flakes is the most lucrative form segment registering the fastest growth during the forecast period.
Europe data book summary
| Market revenue in 2023 | USD 8,242.8 million |
| Market revenue in 2030 | USD 15,746.7 million |
| Growth rate | 9.7% (CAGR from 2023 to 2030) |
| Largest segment | Flakes |
| Fastest growing segment | Flakes |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Flakes |
| Key market players worldwide | B. Schoenberg, Custom Polymers, Inc., Envision Plastics, Fresh Pak, KW Plastics, Parc Corporation, Plastipak Holdings, RJM International, SUEZ Environnement, United Plastic Recycling, Veolia Environnement SA, B & B Plastics |
Other key industry trends
- In terms of revenue, Europe region accounted for 14.4% of the global recycled thermoplastics market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 65,667.1 million by 2030.
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Recycled Thermoplastics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| B & B Plastics | View profile | 101-250 | Rialto, California, United States, North America | https://bbplasticsinc.com |
| United Plastic Recycling | View profile | 51-100 | Montgomery, Alabama, United States, North America | http://www.unitedplasticrecycling.com |
| RJM International | View profile | 11-50 | Winchester, Hampshire, United Kingdom, Europe | https://www.rjm-international.com |
| Plastipak Holdings | View profile | 5001-10000 | Plymouth, Michigan, United States, North America | http://www.plastipak.com/ |
| Parc Corporation | View profile | 1-10 | Romeoville, Illinois, United States, North America | http://www.parcusa.com |
| Fresh Pak | View profile | 1001-5000 | Washington, Missouri, United States, North America | https://www.freshpakcorp.com |
| Envision Plastics | View profile | 51-100 | Reidsville, North Carolina, United States, North America | http://envisionplastics.com/ |
| Custom Polymers, Inc. | View profile | 51-100 | Charlotte, Texas, United States, North America | https://www.custompolymers.com |
| B. Schoenberg | View profile | 11-50 | Yorktown Heights, New York, United States, North America | https://www.bschoenberg.info/ |
| KW Plastics | View profile | 251-500 | Troy, Alabama, United States, North America | https://www.kwplastics.com |
| SUEZ Environnement | View profile | 10001+ | Paris, Ile-de-France, France, Europe | https://www.suez.com/ |
| Veolia Environnement SA | View profile | 218288 | 30, rue Madeleine Vionnet, Aubervilliers, France, 93300 | https://www.veolia.com |
Europe recycled thermoplastics 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 thermoplastics market will help companies and investors design strategic landscapes.
Flakes was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Europe recycled thermoplastics market based on flakes covering the revenue growth of each sub-segment from 2018 to 2030.
In Europe, the recycled thermoplastics market is being driven by stringent environmental regulations and the EU’s focus on achieving a circular economy. The European Union has implemented several policies aimed at reducing plastic waste, including bans on singleuse plastics and requirements for higher recycled content in products and packaging.
These regulations are compelling manufacturers to use more recycled thermoplastics in their operations. Additionally, Europe’s well-established recycling infrastructure supports the collection and processing of high-quality recyclable materials, further driving the demand for recycled thermoplastics in industries such as automotive, construction, and packaging.
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Our clientele includes a mix of recycled thermoplastics market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe recycled thermoplastics market , including forecasts for subscribers. This continent databook contains high-level insights into Europe recycled thermoplastics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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