Press release
Advanced Recycling Technologies Market Outlook and Revenue Forecast 2026 to 2035
Advanced Recycling Technologies Market
Advanced Recycling Technologies Market Size is valued at USD 2.99 Billion in 2025 and is predicted to reach USD 45.87 Billion by the year 2035 at a 31.5% CAGR during the forecast period for 2026 to 2035.
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As consumer-packaged goods (CPG) companies place increasing emphasis on sustainability, there is a strong focus on reducing the environmental footprint of their product lines. This effort spans a broad array of plastic-based products commonly utilized in everyday life, including flexible films, bottles, caps, and food trays. Consequently, the demand for circular polymers has grown significantly, yet planned expansions in production capacity have not fully aligned with this accelerating market need.
Emerging advanced recycling technologies offer notable opportunities by enabling the creation of plastics with tailored molecular weight distributions and specific comonomer compositions, suitable for high-performance applications such as flexible food packaging. These innovations also expand the range of recyclable plastic materials. However, many of these technologies remain in the research or early commercialization stages, and overall production capacity continues to be constrained.
List of Prominent Players in the Advanced Recycling Technologies Market:
• Agilyx
• Stena Metall
• Chevron Phillips Chemical Company LLC
• Honeywell International Inc.
• Plastic Energy
• Enerkem
• Loop Industries, Inc.
• Gr3n Recycling
• Carbios SA
• Pyrowave
• Polystyvert Inc.
• Recycling Avenue BV
• BlueAlp Innovations BV
• Quantafuel ASA
• Mura Technology Limited
• Alterra
• Aduro Clean Technologies Inc.
• Brightmark
• GreenMantra Technologies
• Axens
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Market Dynamics
Drivers:
The global shift in regulatory frameworks, combined with heightened environmental awareness, is fueling demand for sustainable packaging solutions. The adoption of recycled packaging allows companies to meet sustainability targets while strengthening brand reputation and competitive positioning. For example, Amcor has pledged that all of its packaging will be recyclable or reusable by 2025.
Additionally, rapid urbanization and the growing consumer preference for ready-to-consume products are further supporting market growth. Expansion in the solar energy sector-driven by the global transition to renewable energy and supported by government incentives for energy storage-is also anticipated to increase demand for glass packaging. Nonetheless, the emergence of biodegradable plastics as alternative solutions may present competitive pressures to conventional sustainable packaging materials.
Challenges:
A major challenge within the packaging industry is ensuring that materials are not only technically recyclable but also compatible with effective and accessible recycling infrastructures. Limited consumer awareness and inconsistent practices across the value chain constrain scalability and the availability of recyclable materials. Regulatory frameworks for advanced recycling technologies also pose challenges. Current efforts aim to reclassify these processes as manufacturing operations rather than waste management activities, which would facilitate broader regulatory acceptance and compliance.
Regional Trends:
In response to stricter regulations and evolving consumer expectations related to sustainability, food safety, and hygiene, manufacturers in key Asian markets-particularly China and India-are increasingly implementing innovative and environmentally responsible packaging solutions. A pivotal regulatory development occurred in late 2017 when China banned most imports of recyclable waste, including plastics, while emphasizing domestic processing.
This policy triggered a sharp decline in plastic imports, from over 3.8 million tonnes in early 2017 to just 9.3 tonnes by January 2018-a reduction exceeding 99%. This regulatory shift is significantly reshaping global supply chains for recyclable and sustainable packaging materials.
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Recent Developments:
• In May 2019, The future tissue plant in Sherbrooke that KP Tissue Inc. and Kruger Products are building, which will include the most cutting-edge and effective TAD technology in Canada, was dedicated to the construction site. 180 employment in Estrie and 1,700 direct and indirect jobs will be generated by this USD 575 million investment throughout the course of the building phase, which will end in 2021.
Segmentation of Advanced Recycling Technologies Market-
By End User-
• Food and Beverage Packaging
• Non-Food Packaging
• Consumer Electronics
• Infrastructure and Construction
• Automotive
• Others
By Technology-
• Pyrolysis/ Cracking
• Gasification
• Depolymerization
• Microwave
• Others
By Product Type-
• Naphtha
• Heavy Gas Oil
• Wax Residue
• 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
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