openPR Logo
Press release

Plastic Recycling Market Top Players - Kuusakoski, Berry Global Inc., B&B Plastic Inc., Plastipak Holdings, Inc., WM Recycle America.

08-21-2025 05:04 PM CET | Chemicals & Materials

Press release from: Insightace Analytic Pvt Ltd.

Plastic Recycling Market

Plastic Recycling Market

Global Plastic Recycling Market Size is valued at USD 46.8 Billion in 2024 and is predicted to reach USD 101.6 Billion by the year 2034 at a 8.1% CAGR during the forecast period for 2025-2034.

Get Free Access to Demo Report, Excel Pivot and ToC: https://www.insightaceanalytic.com/request-sample/1621

Latest Drivers Restraint and Opportunities Market Snapshot:
Key factors influencing the global plastic recycling market are:
• Increasing the Disposal of Plastic
• Growing Use of Plastics
• Technological Development

The following are the primary obstacles to plastic recycling market's expansion:
• Substantial Startup and Ongoing Expenses
• Insufficient consistent guidelines
• Restricted access to recycling technology

Future expansion opportunities for the global plastic recycling market include:
• Growing research and development
• Some countries are implementing favorable legislation
• Expanding financial resources

Key Industry Insights & Findings from the report:
• Raising consumer attention and understanding of the positive effects of recycling plastic.
• The expansion of the industry is significantly influenced by federal laws and initiatives that support the recycling and management of plastic trash.
• North America dominated the market and accounted for a revenue share of global revenue in 2023.
• Inadequate infrastructure and recycling services hinder the market expansion.

Market Analysis:
Plastic recycling encompasses the transformation of discarded or waste plastic materials into reusable and functional products. The global plastic recycling industry has experienced significant growth, driven by increasing concerns over environmental pollution from plastic waste and rising demand for sustainable alternatives.

This expansion is further reinforced by stringent regulatory frameworks, growing consumer awareness of environmental responsibility, and the progressive adoption of renewable energy practices. Collectively, these factors are expected to sustain and accelerate the industry's growth trajectory in the coming years.

List of Prominent Players in the Plastic Recycling Market:
• B&B Plastics Inc.
• Berry Global Inc.
• CarbonLite Industries LLC
• Custom Polymers Inc.
• Dart Container Corporation
• Envision Plastics
• Fresh-Pak Corporation
• Green-O-Tech India
• Jayplas
• Joe's Plastics Inc.
• Kuusakoski Group Oy
• KW Plastics Inc.
• MBA Polymers Inc.
• Montello S.p. A.
• MTM Plastics GmbH
• Novolex
• Plasgran Ltd.
• Plastic Recycling Inc.
• Plastipak Holdings, Inc.
• Recycled Plastics UK
• RJM International Inc.
• Seraphim Plastics
• Shakti Plastics Industries
• Teijin Limited
• Ultra Poly Corporation
• UltrePET
• Veolia
• Wellpine Plastic Industrial Co., Ltd.
• WM Recycle America, LLC

Expert Knowledge, Just a Click Away: https://calendly.com/insightaceanalytic/30min?month=2025-03

Recent Developments:
• In Novemnber 2024, Novolex and Pactiv Evergreen Inc. confirmed that they had reached an official agreement to merge, forming a major producer of specialized packaging, nourishment, and drinks materials.
• In December 2024, Teijin Frontier Co., Ltd. declared that it has created a contemporary, comfortable material that combines the ability to cool touch with the ability to avoid perspiration adhesion. The unique substance has a knit construction with two layers. Teijin Frontier's recently created hydrophilic WAVERON fiber and traditional aqueous WAVERON material mix at the interior level.
• In January 2025, Leadec and Jayplas partnered on an innovative initiative that aims to create a fully closed-circuit process by recycling and reusing waste plastic packaging. Jayplas gathered recyclable LDPE material from the company's Halewood activities to create plastic bags with entirely renewable content for internal use at Leadec's Halewood activities. This film was then recycled and made in Jayplas UK facilities.

Market Dynamics
Market Drivers: Rising Plastic Waste Generation
The increasing accumulation of plastic waste is a key factor driving growth in the plastic recycling market. Plastic waste poses significant environmental and public health risks, impacting ecosystems and human well-being worldwide. Recycling initiatives play a critical role in mitigating these challenges by diverting waste from landfills and incineration and converting it into reusable materials. As the volume of plastic waste continues to escalate, demand for efficient and sustainable recycling solutions is expected to rise, thereby supporting market expansion.

Challenges: High Capital and Operational Expenditures
The plastic recycling industry faces considerable challenges due to the substantial capital investment and ongoing operational costs required to implement and sustain advanced recycling technologies. These financial demands can impede adoption, particularly among small and medium-sized enterprises. Additionally, fluctuations in virgin plastic prices may affect the cost competitiveness of recycled materials, while the absence of harmonized regulatory standards across regions further complicates scalability and industry standardization.

Unlock Your GTM Strategy: https://www.insightaceanalytic.com/customisation/1621

North America Is Expected to Grow with The Highest CAGR During the Forecast Period
The North American plastic recycling market is projected to secure a significant share of global revenue and register robust growth in the coming years. This growth is underpinned by the region's well-established recycling infrastructure and the enforcement of stringent environmental regulations. In particular, the United States has introduced a variety of policy initiatives and legislative measures aimed at enhancing recycling rates and reducing dependence on landfills.

Additionally, increasing consumer awareness regarding the environmental consequences of plastic waste, along with a growing preference for sustainable and eco-friendly products, is further driving market expansion. Technological advancements in recycling processes, coupled with the strategic activities of leading industry participants, are also contributing to the sustained development of the plastic recycling sector in North America.

Segmentation of Plastic Recycling Market-
By Material-
• PET
• PP
• HDPE
• LDPE
• PS
• PVC
• Others
By Application-
• Packaging
• Automotive
• Construction
• Textiles
• Others
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• South East Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of Middle East and Africa

Read Overview Report- https://www.insightaceanalytic.com/report/plastic-recycling-market/1621

About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.

Contact us:
InsightAce Analytic Pvt. Ltd.
Visit: www.insightaceanalytic.com
Tel : +1 607 400-7072
Asia: +91 79 72967118
info@insightaceanalytic.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Plastic Recycling Market Top Players - Kuusakoski, Berry Global Inc., B&B Plastic Inc., Plastipak Holdings, Inc., WM Recycle America. here

News-ID: 4153692 • Views:

More Releases from Insightace Analytic Pvt Ltd.

T-cell Lymphoma Market Exclusive Report on Current Trends and Future Insights
T-cell Lymphoma Market Exclusive Report on Current Trends and Future Insights
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the " "Global T-cell Lymphoma Market By Lymphoma Type (Peripheral T-Cell Lymphoma (Cutaneous T-Cell Lymphoma, Anaplastic Large Cell Lymphoma, Angio-Immuno-Blastic T-Cell Lymphoma, And Others (Intestinal T-Cell Lymphoma, Follicular T-Cell Lymphoma)) And T-Cell Lymphoblastic Lymphoma), Therapy (Radiotherapy, Chemotherapy, Immunotherapy, Stem Cell Transplantation, And Others (Antiviral Treatment, Etc.)- Trends, Industry Competition Analysis, Revenue and Forecast To 2034." According to the
Sprycel Market is on an Upward Growth Curve
Sprycel Market is on an Upward Growth Curve
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Sprycel Market- (By Demographic (Age, Gender, Income), By Psychographic (Lifestyle, Attitudes), By Behavioral, (Usage Rate, Compliance, Treatment), By Medical (Indication, Disease Stage)), Trends, Industry Competition Analysis, Revenue and Forecast To 2031." According to the latest research by InsightAce Analytic, the Global Sprycel Market is valued at US$ 5.47 Bn in 2022, and it is expected to
Spatial Omics Solutions Market Report- Expansive Coverage on the Profit Sources
Spatial Omics Solutions Market Report- Expansive Coverage on the Profit Sources
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Spatial Omics Solutions Market By Solution Type (Instruments, Consumables And Services), Sample Analyzed (DNA, RNA, And Protein Samples), Application (Diagnosis, Translation Research, Drug Discovery And Development, Single Cell Analysis, Cell Biology And Other Applications), End-User Segment (Academic And Research Institutions, Biopharmaceutical And Biotechnological Companies, Contract Research Organizations And Other)- Trends, Industry Competition Analysis, Revenue and
Psoriasis Biosimilars Market Future Trends and Scope Analysis Report
Psoriasis Biosimilars Market Future Trends and Scope Analysis Report
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the " Psoriasis Biosimilars Market - (By Drug Class (TNF-alpha inhibitors (Infliximab, Etanercept, Adalimumab), Other biosimilars), By Route of Administration (Subcutaneous, Intravenous, Oral, Topical), By Indication (Plaque psoriasis, Psoriatic arthritis, Other types), By Distribution Channel (Hospital pharmacies, Retail pharmacy chains, Online pharmacies)), Trends, Industry Competition Analysis, Revenue and Forecast To 2031." According to the latest research by InsightAce

All 5 Releases


More Releases for Plastic

Plastic bottles at events - Better party with plastic
Partying, dancing, camping - festivals attract hundreds of thousands of visitors every year in Germany alone. One challenge: supply and safety. For this reason, drinks in glass bottles are banned at most events due to the risk of injury. Lightweight and unbreakable plastic bottles, on the other hand, are considered a safe and practical alternative. Not only that: they can even be used to make a musical instrument. Festivals or pageants
Plastic Pallet With Plastic Crate Use: Efficient Material Handling
When it comes to efficient moving and storage of goods, a combination of plastic pallets [https://www.agriculture-solution.com/plastic-pallet/]and plastic crates is a popular choice. They are widely used in various industries such as manufacturing, retail, agriculture, etc. for storage and transportation of goods. Plastic pallets are designed to provide a stable base for stacking and shipping goods, while plastic crates provide safe and protective containers for stored or transported items. Plastic pallets
Plastic Granules Market to Witness Massive Growth by Balaji Plastic, Navkar Indu …
The Worldwide Plastic Granules Market has witnessed continuous growth in the past few years and is projected to grow at a good pace during the forecast period of 2023-2029. The exploration provides a 360° view and insights, highlighting major outcomes of Worldwide Plastic Granules industry. These insights help the business decision-makers to formulate better business plans and make informed decisions to improve profitability. Additionally, the study helps venture or emerging
Insights on the Growth of Plastic Granules Market 2018 to 2025 | Profiling Key C …
UpMarketResearch offers a Latest report on “Plastic Granules Market Analysis & Forecast 2018-2025” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 114 pages which highly exhibits on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. Request Sample Copy of This Report@ https://www.upmarketresearch.com/home/requested_sample/49052 Plastic Granules research report delivers a close watch on leading competitors with strategic
Agriculture Film Market SWOT Analysis of Leading Key Players Shandong Tianhe Pla …
HTF MI recently introduced Global Agriculture Film Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are British Polythene Industries (BPI), Trioplast, Berry Plastics, Armando Alvarez, Polypak, Barbier
Building Materials Market 218 : Hepworth, National Plastic Industry, Hira Indust …
Building materials in this report covered the PVC pipes and fittings, PPR pipes and fittings, PE pipes and fittings, fabrication, ducts systems for infrastructure, valves and pumps and electrical conduits PVC systems. At present, Hepworth, National Plastic Industry, Hira Industries, Florance Plastic Industries, Polyfab Plastic Industry, MPI, Union Pipes Industry, ANABEEB, Borouge and ACO Group are the UAE leading suppliers of the building materials, and top ten of them shared about