United States Post-Consumer Recycled (PCR) Plastic Market to Reach US$ 123.2 Billion by 2031 | Packaging, Construction, and Automotive Drive Circular Economy Adoption

Global Post-Consumer Recycled (PCR) Plastic Market reached US$ 62.1 billion in 2023 and is expected to reach US$ 123.2 billion by 2031, growing with a CAGR of 8.9% during the forecast period 2024-2031.

The post-consumer recycled (PCR) plastic market revolves around reprocessing plastic waste collected from consumers into new products. This reduces environmental impact, lowers dependence on virgin plastics, and supports circular economy practices. PCR plastics are widely used in packaging, textiles, construction, and consumer goods. Increasing sustainability regulations and corporate commitments to eco-friendly practices drive demand. The market plays a crucial role in tackling plastic pollution and promoting resource efficiency.

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☛ Post-Consumer Recycled Plastic Market Dynamics and Drivers

The post-consumer recycled plastic market is expanding as industries and governments push for sustainability and circular economy practices. Rising awareness of environmental issues, bans on single-use plastics, and commitments by major brands to use recycled materials in packaging are key growth drivers. Advances in recycling technologies are also improving quality and cost-effectiveness.

Despite strong momentum, challenges such as contamination of feedstock, limited collection infrastructure, and fluctuating oil prices impacting virgin plastic competitiveness hinder growth. Nonetheless, increased investment in recycling plants and innovation in chemical recycling methods are expected to enhance market adoption in the coming years.

☛ Post-Consumer Recycled Plastic Industry Developments:

United States: Recent Industry Developments
✅ In June 2025, Dow announced a $200 million expansion in U.S. facilities to increase production of recycled polyethylene.
✅ In April 2025, Coca-Cola unveiled bottles made with 100% post-consumer recycled PET across multiple states.
✅ In February 2025, Eastman Chemical launched a new molecular recycling plant to process mixed plastic waste.

Japan: Recent Industry Developments
✅ In June 2025, Suntory Beverage introduced 100% recycled PET bottles for its leading beverage brands.
✅ In April 2025, Mitsubishi Chemical invested in advanced chemical recycling plants for mixed post-consumer plastics.
✅ In March 2025, Asahi Group committed to using 60% post-consumer recycled content in its packaging by 2030.

☛ Post-Consumer Recycled Plastic Market Competitive Landscape:

BASF SE, SABIC, Arkema, Celanese Corporation, Eastman Chemical Company, Exxon Mobil Corporation, Covestro AG, Ultra-Poly Corporation, Plastipak Holdings, Inc. and Dow.

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We employ a hybrid approach, integrating qualitative insights with robust quantitative analysis to deliver comprehensive and reliable market intelligence. The process starts with extensive secondary research, leveraging trusted industry publications, proprietary databases, and credible market sources. This foundation is then strengthened through targeted primary research, including structured surveys and in-depth interviews with industry leaders, subject matter experts, and key market participants.

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☛ Segment Covered in the Post-Consumer Recycled Plastic Market:

By Service: Collection and Transportation | Recycling | Incineration | Landfills/Disposal

By Source: Bottles | Non-Bottles Rigid | Others

By Polymer: Polyethylene Terephthalate (PET) | High-Density Polyethylene (HDPE) | Low-Density Polyethylene (LDPE) | Polypropylene (PP) | Polyvinyl Chloride (PVC) | Polyurethane (PU) | Polystyrene (PS) | Others

By Processing: Chemical Process | Mechanical Process | Biological Process

By End-User: Packaging | Building and Construction | Automotive | Furniture | Recycled Plastics | Others

☛ This Report Covers:

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☛ Regional Analysis for Post-Consumer Recycled Plastic Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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➠ What sales, marketing, and distribution channels are used globally?

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