E-waste Recycled Plastic Market CAGR to Reach 5.9%, Industry Revenue to Hit $12.44 billion by 2031 | CHIMEI, LG Chem, Lotte Chemical

NEW YORK, (UNITED STATES) - QY Research announces the release of 2025 latest report "E-waste Recycled Plastic Market". Based on current situation and impact historical analysis (2020-2024) and forecast calculations (2025-2031), this report provides a comprehensive analysis of the global E-waste Recycled Plastic market, including market size, share, demand, industry development status, and forecasts for the next few years.

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The global market for E-waste Recycled Plastic was estimated to be worth US$ 8.36 billion in 2024 and is forecast to a readjusted size of US$ 12.44 billion by 2031 with a CAGR of 5.9% during the forecast period 2025-2031.

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E-waste Recycled Plastic Market Overview -

The E-waste Recycled Plastic Market is an emerging sector that's gaining traction as the world grapples with the growing mountain of electronic waste. With the rapid advancement in technology, electronic devices are becoming obsolete faster than ever, leading to a significant increase in e-waste. The E-waste Recycled Plastic Market offers a sustainable solution by transforming discarded plastics from electronic waste into valuable resources. This not only helps in reducing the environmental burden but also contributes to the circular economy by conserving natural resources.

The amount of plastics recycled from waste electronics and home appliance industries is large and varied. PS is used most in televisions, PP, PS, ABS, and PU are mostly used in refrigerators, PP is mainly used in washing machines, and PS, PP, and ABS account for a large proportion in air conditioners. These plastics have different physical and chemical properties, and need to be classified and processed during the recycling process.

At the beginning of the development of this research report, a summary of the E-waste Recycled Plastic market is provided, along with definitions, applications, new product launches, developments, hurdles, and geographic considerations. Rising demand across several different industries is expected to fuel the industry's rapid growth. The study E-waste Recycled Plastic market research report looks at key aspects as well as current industry trends. An additional feature is a graphical summary of significant organisations that highlights their market presence, effective marketing methods, and most recent developments in both historical and contemporary contexts.

Market Dynamics -

Growth Drivers -

Environmental Concerns: The primary factor fueling the growth of the E-waste Recycled Plastic Market is the increasing awareness about the environmental hazards of e-waste. Improper disposal of e-waste can lead to soil and water contamination, posing risks to both human health and the environment. Recycling plastics from e-waste helps mitigate these risks.

Government Regulations: Stringent regulations and policies aimed at promoting recycling and proper disposal of e-waste are providing a significant boost to the market. Many governments are implementing extended producer responsibility (EPR) laws, making manufacturers accountable for the entire lifecycle of their products.

Technological Advancements: Innovations in recycling technologies are making the process of extracting plastics from e-waste more efficient and cost-effective. Advanced sorting and separation techniques are enabling higher recovery rates of recyclable plastics.

Challenges -

Contamination Issues: E-waste plastics are often contaminated with various substances like metals and brominated flame retardants, which can complicate the recycling process and affect the quality of recycled plastic.

Collection and Logistics: Efficient collection and transportation of e-waste to recycling facilities remain a challenge. A lack of organized collection systems in many regions leads to a significant amount of e-waste not reaching recycling centers.

Consumer Awareness: Despite growing awareness, a substantial portion of consumers still do not recycle their e-waste properly, leading to underutilization of potential recyclable plastics.

Opportunities -

Emerging Markets: Developing economies present vast opportunities due to their increasing electronic waste generation and nascent recycling infrastructure. These regions are poised for significant growth as they establish proper e-waste management systems.

Product Innovation: There's a scope for developing new products and materials from recycled plastics that can cater to specific industry needs, offering better performance and sustainability.

Collaborative Initiatives: Partnerships between governments, NGOs, and private companies can drive recycling programs and create a more robust ecosystem for e-waste plastic recycling.

Highlights the following key factors: -

Business description - An in-depth description of the businesses and the divisions of the company.

Corporate strategy - Business strategy of the company as summarized by analysts.

SWOT Analysis - An in-depth analysis of the company's advantages, disadvantages, strengths, and threats.

Company history - progression of significant company-related events.

Major products and services - A list of the company's major products, services, and brands.

Key competitors - A list of the primary competitors of the company.

Important locations and subsidiaries - A list of the company's key locations and subsidiaries, along with contact details.

Regional Insights and Growth Opportunities :-

The E-waste Recycled Plastic Market provides a diverse geographical landscape, with several areas exhibiting unique market characteristics. While some locations see rapid growth due to factors like economic expansion and technical advancements, other regions may experience slower but more consistent market expansion. Market trends vary greatly throughout regions due to factors including cultural influences, legal frameworks, and population developments. Businesses looking to go global must understand these regional differences and adjust their strategy to take advantage of local opportunities.

The primary research and secondary research of the analysis is the competitive landscape that exists between the top players present in the industry. An inventory of the actions the businesses have done in the previous years is included in the report. Growth statistics for the regional markets have been included in the research, along with a list of the key countries driving regional growth, including North America, Europe, China, Japan, Southeast Asia, and India.

North America: Market size, growth drivers, and key players.

Europe: Regulatory environment and sustainability initiatives.

Asia-Pacific: Rapid industrialization and demand growth.

Latin America: Emerging markets and opportunities.

Middle East & Africa: Focus on petrochemicals and infrastructure development.

Emerging markets such as Southeast Asia, Eastern Europe, and Africa are identified as high-growth regions, driven by rapid industrialization and urbanization.

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Detailed of E-waste Recycled Plastic Market Segmentation:-

Segment by Type:

ABS
PP
PS
PC
Others

Segment by Application

Home Appliances
Consumer Electronics

Top Market Leader Included: -

CHIMEI
LG Chem
Lotte Chemical
Toray
Techno-UMG (JSR)
MBA Polymers
INEOS Styrolution
Formosa Chemicals
Trinseo
SABIC
Guangdong Rhino New Material Technology
ELIX Polymers
Axion
Veolia
Zhaoqing Hongzhan Hardware Plastic
Versalis
GRM Polymer
Jiangxi Green Recycling (GER)
CT Polymers
SAX Polymers
Kingfa Technology

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This release was published on openPR.