Press release
United States Advance Recycling and Circularity to $14.91 Billion by 2032 | Top Most Keyplayers - ExxonMobil Corporation, Carbios, Umicore SA, Paprec Group, UBQ Materials
Advance Recycling and Circularity Market
The Advance Recycling and Circularity Market, as examined by DataM Intelligence, provides a thorough industry overview enriched with detailed insights, historical data, and essential statistics. The report extensively explores market dynamics and competitive landscapes, featuring profiles of leading companies, their product offerings, pricing strategies, financials, growth plans, and geographic footprint.
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Advanced Recycling and Circularity involve innovative technologies that convert plastic waste into reusable raw materials, promoting a closed-loop system that reduces environmental impact, conserves resources, and supports sustainable production and consumption.
Prominent Industry players in the Advance Recycling and Circularity Market
The prominent players in Advance Recycling and Circularity Market research report are: ExxonMobil Corporation, Carbios, Umicore SA, Paprec Group, UBQ Materials, Gypsum Recycling International A/S, Recover Textile Systems, S.L., Agilyx Corporation, BASF SE, and Honeywell International Inc.
The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world.
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Industry News
July 2025: ExxonMobil commissioned its large-scale advanced recycling facility in Texas, which converts plastic waste into high-quality feedstock, significantly boosting circular economy capacity in the U.S.
July 9, 2025: The U.S. EPA withdrew proposed Significant New Use Rules (SNURs) for 18 chemicals derived from waste plastic feedstocks, a move that the plastics industry advocated for, citing regulatory certainty needed for investment in advanced recycling.
July 17, 2025: Bipartisan legislation, the Cultivating Investment in Recycling and Circular Local Economies (CIRCLE) Act, was introduced to advance U.S. recycling by proposing a 30% investment tax credit for recycling infrastructure.
August 2025 (Ongoing Policy Trend): The trend of State-level policy supporting advanced recycling continued, with 24 U.S. states now classifying advanced recycling as a manufacturing process to simplify permitting and encourage industrial investment.
July 2025 (Industry Advocacy): Following the EPA's decision to not carve out certain pyrolysis operations from air emission standards, plastics industry groups renewed their push for the EPA to formally classify chemical recycling as a manufacturing process instead of waste management.
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Market Segments
➥ By Technology: Cracking, Gasification, Depolymerization, Microwave Processing, Mechanical Recycling, Composting & Anaerobic Digestion, Others
➥ By Material: Plastics, Metals, Textiles, Composites, Others
➥ By Product: Naphtha, Heavy Gas Oil, Recycled Plastics, Secondary Metals, Recycled Construction Materials, Others
➥ By Business Model: Circular Products, Closed-loop Recycling Services, Reverse Logistics, Material Recovery Services, Refurbishment and Remanufacturing, Others
➥ By End-User: Food & Beverage Packaging, Industrial Packaging, Consumer Electronics, Construction and Building Materials, Automotive and Transportation, Agriculture and Food Processing, Waste Management Services, Others
The Advance Recycling and Circularity Market industry is undergoing swift expansion, fueled by breakthroughs in medical technology, growing demand for cutting-edge therapies, and an increasing emphasis on patient-centric care. As the sector advances, in-depth market analysis is essential to track evolving trends, regulatory developments, and new opportunities.
Regions Covered:
The global Advance Recycling and Circularity Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.
☞ North America - US, Canada, Mexico
☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe
☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific
☞ South America- Brazil, Argentina, Colombia, Rest of South America
☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel
FAQs:
✒ What is driving the growth of the Advance Recycling and Circularity Market?
✒ Who are the prominent players in the Advance Recycling and Circularity Market?
✒ How is the regulatory landscape affecting the Advance Recycling and Circularity Market?
✒ What regions are expected to see the highest growth?
✒ What are the key challenges faced by the Advance Recycling and Circularity Market?
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✅ Sustainability Impact Analysis
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✅ Market Volatility & Emerging Risks Analysis
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✅ Live Market & Pricing Trends
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