United States Circular Economy Market Grows at 11.4% CAGR, with Europe Holding the Highest Share Driven by Strong ESG Regulations

The Global Circular Economy Market reached US$ 149.86 billion in 2024 and is projected to reach US$ 355.44 billion by 2032, growing at a CAGR of 11.40% from 2025 to 2032.

Get a Free Sample PDF Of This Report (Get Higher Priority for Corporate Email ID):- https://www.datamintelligence.com/download-sample/circular-economy-market?sindhuri

List of Top Key Players:
Veolia Environnement S.A., SUEZ Group, Waste Management, Inc., Umicore, Covestro AG, Paprec Group, Stora Enso Oyj, Renewi plc, TerraCycle Inc., Loop Industries, Inc.

Competitive Analysis
✦ Veolia Environnement S.A., SUEZ Group, and Waste Management, Inc. lead the Circular Economy market with extensive waste management, recycling infrastructure, and resource recovery solutions serving municipal, industrial, and commercial sectors globally.
✦ Umicore and Covestro AG specialize in advanced material recycling, sustainable polymers, and closed-loop systems for metals, plastics, and chemicals in automotive, electronics, and consumer goods applications.
✦ Paprec Group, Renewi plc, and Stora Enso Oyj focus on high-volume recycling, paper and packaging circularity, and innovative waste-to-resource technologies across Europe and beyond.
✦ TerraCycle Inc. and Loop Industries, Inc. drive growth through specialized zero-waste programs, upcycling, and chemical recycling for hard-to-recycle plastics and packaging.
✦ Collectively, these companies fuel the Circular Economy market's evolution through scaling advanced recycling facilities, adopting Product-as-a-Service models, strategic partnerships, and alignment with global ESG goals and regulatory mandates.

Forecast Projection:
The Global Circular Economy Market is poised for strong growth between 2025 and 2032. In 2024, the market demonstrated solid momentum driven by sustainability mandates and resource scarcity concerns, and with continuous innovations by leading players in recycling technologies and circular business models, the market is expected to expand robustly throughout the forecast period. Companies leveraging trends in advanced recycling, AI-enabled resource optimization, and regulatory support are well-positioned to capture emerging opportunities and maximize revenue potential.

United States & Global: Recent Industry Developments
✅ Ongoing 2025: Focus on addressing low recycling rates (e.g., US plastics at ~9.5%) and economic losses from landfilling, with growing adoption of advanced recycling plants (over 340 globally, capacity ~1,477 kilotons per annum).

Europe & Asia: Recent Industry Developments
✅ July 2025: United Nations Development Programme launched the Continental Circular Economy Action Plan (CEAP) for Africa 2024-2034 to promote green growth and resource efficiency.
✅ March 19, 2025: EU-India Resource Efficiency and Circular Economy Initiative (EU-I RECEI) launched in Chennai, targeting plastics and textiles with recycled content and SME collaboration.

Buy Now & Unlock 360° Market Intelligence: https://www.datamintelligence.com/buy-now-page?report=circular-economy-market?sindhuri

Key Segmentation:
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

Growth Regional Analysis:
⇥ Europe - Leading position
Driven by strong regulatory frameworks (e.g., EU Circular Economy Action Plan), high circular material use rate (CMUR 11.8% in 2023), and ambitious targets (over 23% by 2030), with packaging recycling at 65% in 2022.
⇥ North America
Significant share supported by corporate ESG adoption, but challenged by uneven recycling rates (e.g., US paper 64.7%, plastics 9.5%) and annual landfilling losses.
⇥ Asia-Pacific
Fast-emerging growth driven by rapid industrialization, supportive government initiatives (e.g., India's e-waste recycling exceeding 518,000 tonnes in FY 2024-25 and China's steel recycling targets), and an increasing focus on sustainability.
⇥ Middle East & Africa
Emerging opportunities from new action plans and infrastructure development for waste management.
⇥ South America
Moderate growth tied to increasing resource efficiency efforts.

Benefits of the Report:
Chapter 1 - Market Overview: Comprehensive snapshot of the Circular Economy Market, key segments by region, business model, technology, end-user, market size, growth potential, and industry outlook.
Chapter 2 - Emerging Trends: Highlights trends in advanced recycling, Product-as-a-Service models, ESG integration, and digital tools for traceability.
Chapter 3 - Competitive Landscape: Analyzes market competition, strategic initiatives, and company profiles.
Chapter 4 - Top Player Profiles: Detailed profiles of leading companies, including innovations and milestones.
Chapters 5 & 6 - Regional & Country Analysis: In-depth revenue performance by regions and key countries, identifying growth prospects.
Chapter 7 - Segmentation Analysis: Explores segmentation by business model, technology, and end-user, spotlighting high-growth areas like Recycling & Resource Recovery.
Chapter 8 - Application Insights: Examines key end-user sectors driving demand, such as consumer goods and automotive.
Chapter 9 - Supply Chain Mapping: Outlines the full supply chain from waste collection to resource recovery.
Chapter 10 - Key Takeaways: Critical insights, actionable strategies, and recommendations for stakeholders.

Get Customization in the report as per your requirements: https://datamintelligence.com/customize/circular-economy-market?sindhuri

FAQ's
Q1: What is the current size of the Circular Economy Market and its future potential?
A: The Circular Economy Market reached US$ 149.86 billion in 2024 and is projected to reach US$ 355.44 billion by 2032.
Q2: How fast is the Circular Economy Market expected to grow in the coming years?
A: The market is forecast to expand at a CAGR of 11.40% during 2025-2032, driven by sustainability regulations, resource efficiency, and advanced recycling adoption.
Q3: Which regions are dominating the Circular Economy Market and which are fastest-growing?
A: Europe leads with strong regulations and high circularity rates; Asia-Pacific shows strong growth potential due to industrialization and policy support.

Request 2 Days Free Trials with DataM Subscription Services: https://www.datamintelligence.com/reports-subscription?sindhuri

Power your decisions with real-time competitor tracking, strategic forecasts, and global investment insights all in one place.
✅ Competitive Landscape
✅ Sustainability Impact Analysis
✅ KOL / Stakeholder Insights
✅ Unmet Needs & Positioning, Pricing & Market Access Snapshots
✅ Market Volatility & Emerging Risks Analysis
✅ Quarterly Industry Report Updated
✅ Live Market & Pricing Trends
✅ Import-Export Data Monitoring
Have a look at our Subscription Dashboard: https://www.youtube.com/watch?v=x5oEiqEqTWg

Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com

About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.

This release was published on openPR.