Circular Economy Industry Sector Overview 2025: Waste-to-Value Solutions & High-Growth Market Insights

Circular Economy Market Size valued at US$ 149.86 billion in 2024, is projected to reach US$ 355.44 billion by 2032, expanding at a robust CAGR of 11.40% from 2025 to 2032.

DataM Intelligence has published a new research report on "Circular Economy Market Size 2025". The report explores comprehensive and insightful Information about various key factors like Regional Growth, Segmentation, CAGR, Business Revenue Status of Top Key Players and Drivers. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.

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Government-Led Circular Economy Initiatives

Governments are driving circular economy adoption through policies and regulations. In 2023, the EU's recycled material use reached 11.8% under the Circular Economy Action Plan. India's Swachh Bharat Mission and EPR frameworks now process over 80% of solid waste, with e-waste recycling surpassing 518,000 tonnes in FY 2024-25. China's 14th Five-Year Plan targets 60% construction waste utilization and 320 million tonnes of steel processing annually, accelerating global circular economy progress.

Challenges in Recycling Standardization

Recycling efforts are limited by inconsistent technologies and low recovery rates. Globally, only 6-9% of plastic waste is recycled. Regional disparities are significant-Australia recycles 12.5% of plastics, while Brazil manages just 4%-highlighting fragmented infrastructure and hindering circular economy scalability.

Key Players:

Veolia Environnement, SUEZ Group, Waste Management Inc., Umicore, Covestro AG, Paprec Group, Stora Enso, Renewi, TerraCycle, and Loop Industries.

Key Development:

In July 2025, the UN Development Programme, alongside the African Union Commission, EU, and partners, launched Africa's Continental Circular Economy Action Plan (CEAP) 2024-2034 to accelerate the continent's transition to a circular economy, promoting green growth, resource efficiency, and inclusive development.

On March 19, 2025, Tamil Nadu advanced its circular economy and sustainable plastic waste management goals with the EU-India Resource Efficiency and Circular Economy Initiative (EU-I RECEI) in Chennai. Targeting plastics and textiles, the initiative promotes recycled content, reuse models, and alternatives to plastics while fostering collaboration between European and Indian SMEs. Supported by the EU and BMUV, it is implemented by GIZ India with backing from MoEFCC and Tamil Nadu government bodies.

Growth Forecast Projected:

The Global Circular Economy Market is anticipated to rise at a considerable rate during the forecast period, between 2025 and 2032. In 2024, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Circular Economy Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Key Segments:

By Business Model: (Recycling & Resource Recovery, Product-as-a-Service (PaaS), Others)

By Technology: (Advanced Recycling, AI & Data Analytics, Others)

By End-User: (Consumer Goods & Retail, Automotive & Mobility, Construction & Real Estate, Electronics & ICT, Agriculture & Food, Others)

Regional Analysis for 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)

Benefits of the Report:

Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.

Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.

Chapter 3: Offers an in-depth look at the competitive landscape among Circular Economy producers, including revenue shares, strategic moves, and recent mergers and acquisitions.

Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.

Chapters 5 & 6: Analyze Circular Economy revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.

Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.

Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.

Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.

Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.

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FAQ's

Q1: How fast is the Circular Economy Market growing?

A: The Market is on an impressive growth trajectory, expected to expand at a CAGR of 11.40% from 2025 to 2032

Q2: Which regions are dominating the Circular Economy Market and which are fastest-growing?

A: North America dominating the Circular Economy market.

Rising Demand for Circular Economy in North America

North America is seeing growing demand for circular economy solutions as resource inefficiencies create major opportunities. In the U.S., recycling rates vary widely paper 64.7%, steel 33%, glass 26%, aluminum 19.8%, and plastics 9.5% with around US$4 billion lost annually from landfilled cardboard and paper. Canada faces similar gaps, discarding nearly 5 million tonnes of plastic in 2021, yet recycling only 365,000 tonnes into resin despite a 99.2% collection rate.

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