United States Circular Economy Market to hit US$ 106.63 Billion by 2032| Europe holds 30% share | Top Companies - Veolia Environnement S.A., SUEZ Group, Waste Management, Inc.

Leander, Texas and Tokyo, Japan - Feb.03.2026
As per DataM intelligence research report "The 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."

The market is driven by sustainability initiatives, waste reduction mandates, and corporate ESG strategies. Recycling, upcycling, and resource recovery solutions dominate adoption. Manufacturing, packaging, and energy sectors are key end-users. Policy support and environmental awareness fuel growth.

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circular economy Market: Competitive Intelligence
Veolia Environnement S.A., SUEZ Group, Waste Management, Inc., Umicore, Covestro AG, Paprec Group, Stora Enso Oyj, Renewi plc

The Circular Economy Market is being significantly strengthened by Veolia Environnement S.A., SUEZ Group, Waste Management, Inc., Umicore, Covestro AG, Paprec Group, Stora Enso Oyj, and Renewi plc, as these companies collectively advance sustainable resource management, recycling, and waste-to-value initiatives across industries. Their solutions enable efficient material recovery, closed-loop manufacturing, and renewable resource utilization, reducing environmental impact and supporting regulatory compliance. By integrating innovative processing, logistics, and material technologies, these companies contribute to the growth, resilience, and evolution of the Circular Economy Market, aligning with global sustainability goals and increasing corporate demand for circular business models.

The complementary strengths of these companies create strong momentum within the Circular Economy Market by combining global scale, technological innovation, and industry-specific expertise. Veolia Environnement S.A., SUEZ Group, and Waste Management, Inc. provide large-scale waste collection, processing, and recycling infrastructure that ensures operational efficiency and material recovery. Umicore, Covestro AG, and Stora Enso Oyj add advanced material technologies, bioplastics, and recycled content solutions that enhance product sustainability and circularity. Paprec Group and Renewi plc complement this ecosystem with specialized recycling services, regional market penetration, and customized waste-to-resource solutions. Together, this integration accelerates adoption of circular practices, strengthens supply chain sustainability, and reinforces competitive differentiation across the Circular Economy Market.

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Fund Raisings

✅ January 2026 - TerraCycle Inc. (North America)
TerraCycle raised $65 million to expand recycling and upcycling operations supporting a circular economy. The funding supports innovation in waste-to-product technologies and sustainable packaging solutions.

✅ December 2025 - Veolia Environnement S.A. (Europe)
Veolia directed $58 million toward scaling circular economy initiatives including chemical recycling and material recovery. The investment strengthens European infrastructure for sustainable waste management.

✅ November 2025 - Loop Industries, Inc. (North America)
Loop Industries invested $50 million to enhance PET recycling technologies and production of high-value recycled polymers. The funding focuses on accelerating circular packaging solutions and reducing plastic waste.

Product Launches & Partnerships

✅ January 2026 - TerraCycle Inc. (North America)
TerraCycle launched new programs for upcycling complex waste streams into consumer products and packaging materials. The initiative aims to close material loops and reduce environmental impact.

✅ December 2025 - Veolia Environnement S.A. (Europe)
Veolia introduced advanced chemical recycling solutions for multi-layer plastics and industrial waste streams. The products support circular economy adoption and sustainable material recovery.

✅ October 2025 - Loop Industries, Inc. (North America)
Loop unveiled enhanced PET recycling technology capable of converting mixed plastics into food-grade polymers. The products aim to reduce reliance on virgin plastics and enable circular supply chains.

Mergers & Acquisitions

✅ January 2026 - TerraCycle Inc. (North America)
TerraCycle expanded its circular economy portfolio through acquisition of a sustainable packaging startup. The move strengthens recycling innovation and consumer product integration.

✅ November 2025 - Veolia Environnement S.A. (Europe)
Veolia acquired a European material recovery and recycling firm to enhance circular economy operations. The acquisition accelerates chemical recycling, waste-to-resource technologies, and regional sustainability initiatives.

✅ October 2025 - Loop Industries, Inc. (North America)
Loop completed a strategic acquisition of a specialty polymer recycling company. The deal reinforces capabilities in producing high-quality recycled PET for packaging and industrial applications.

Segment Covered in the circular economy Market:
By Business Model
The market is segmented into recycling & resource recovery 50%, product-as-a-service (PaaS) 30%, and others 20%, with recycling & resource recovery dominating due to high adoption across industries for material reuse, waste reduction, and sustainability compliance. PaaS models are growing with consumer goods, electronics, and automotive sectors focusing on circular ownership and subscription-based services. Other innovative models are emerging with circular design and product lifecycle management initiatives. Environmental regulations, sustainability mandates, and corporate ESG goals drive market adoption.

By Technology
Technologies include advanced recycling 40%, AI & data analytics 35%, and others 25%, with advanced recycling dominating due to increasing demand for efficient material recovery and high-value product recycling. AI & data analytics are growing with predictive maintenance, supply chain optimization, and resource efficiency. Other technologies, such as blockchain and IoT, are emerging to support traceability and circular business operations. Innovation, regulatory support, and efficiency-driven adoption support market growth.

By End-User
End-users include consumer goods & retail 25%, automotive & mobility 20%, construction & real estate 20%, electronics & ICT 15%, agriculture & food 10%, and others 10%, with consumer goods, automotive, and construction dominating due to high material usage and regulatory pressures for circular practices. Electronics, ICT, and agriculture are growing with resource efficiency, waste reduction, and sustainability initiatives. Corporate sustainability commitments and consumer demand for green products support adoption.

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Regional Analysis
North America - 30% Share
North America leads with 30% share due to adoption in the U.S. and Canada. Recycling & resource recovery dominates business models, with advanced recycling technology leading. Consumer goods & retail and automotive & mobility are primary end-users. Strong regulatory frameworks, corporate sustainability initiatives, and technological adoption drive market growth.

Europe - 30% Share
Europe holds 30% share driven by adoption in Germany, France, U.K., and Italy. Recycling & resource recovery dominates. Advanced recycling and AI & data analytics lead technologies. Consumer goods, construction, and automotive sectors are key end-users. EU circular economy policies, sustainability mandates, and regulatory incentives support adoption.

Asia Pacific - 25% Share
Asia Pacific accounts for 25% share due to adoption in China, India, Japan, and South Korea. Recycling & resource recovery dominates. AI & data analytics adoption is growing. Consumer goods, electronics, and automotive sectors lead. Rapid industrialization, resource optimization initiatives, and government sustainability programs drive market expansion.

South America - 5% Share
South America records 5% share with adoption in Brazil, Mexico, and Argentina. Recycling & resource recovery dominates. Advanced recycling technologies lead. Consumer goods and construction are primary end-users. Environmental regulations, corporate sustainability initiatives, and infrastructure development support adoption.

Middle East & Africa - 10% Share
Middle East & Africa hold 10% share due to adoption in UAE, Saudi Arabia, and South Africa. Recycling & resource recovery dominates. Advanced recycling and AI & data analytics technologies are emerging. Construction, consumer goods, and automotive sectors are key end-users. Sustainability initiatives, regulatory mandates, and investment in circular infrastructure drive market adoption.

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✅ Competitive Landscape
✅ Technology Roadmap Analysis
✅ Sustainability Impact Analysis
✅ KOL / Stakeholder Insights
✅ Consumer Behavior & Demand Analysis
✅ Import-Export Data Monitoring
✅ Live Market & Pricing Trends

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