Press release
United States Advanced Recycling Technologies Market 2026 | Growth Drivers, Trends & Market Forecast, Competitive Landscape & Investment Opportunities
Advanced Recycling Technologies Market
Global Advanced Recycling Technologies Market reached US$ 269.8 million in 2022 and is expected to reach US$ 6,381.0 million by 2031, growing with a CAGR of 48.5% during the forecast period 2024-2031.
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Key Development:
United States: Recent Industry Developments
✅ In December 2025, ExxonMobil announced plans to expand advanced recycling units at its Baytown and Beaumont, Texas sites with a multi‐million‐dollar investment, aiming to increase chemical recycling capacity and divert more plastic waste into valuable raw materials, supporting circular plastics infrastructure ahead of 2026 operational ramp‐up.
✅ In December 2025, Braven Environmental secured a $145 million capital investment to build a new advanced recycling facility in Texarkana, Texas, strengthening regional plastics feedstock processing capabilities and creating local jobs while contributing to scalable chemical recycling solutions.
✅ In late 2025, Waste Management opened a new $62 million Fort Worth recycling facility equipped with AI‐powered sorting and advanced recovery technology, enhancing material capture rates and accelerating advanced recycling practices in municipal and commercial waste streams.
✅ In December 2025, PureCycle Technologies completed a major capital raise to support its advanced recycling operations, bolstering funding for depolymerization and chemical recycling facilities aimed at producing recycled feedstock for high‐quality polymer applications.
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Japan: Recent Industry Developments
✅ In January 2026, the University of Tokyo and Fujitsu initiated an advanced AI‐enhanced recycling trial to shift inter‐regional workloads across data centers and recycling facilities, experimenting with improved processing and reuse flows for complex material streams.
✅ In November 2025, JFE Engineering and J&T Recycling completed a small‐scale demonstration facility for an advanced waste‐to‐chemical gasification process in Chiba, aiming to produce synthesis gas from waste and enable next‐gen recycling outputs like feedstocks for plastics and fuels.
✅ In November 2025, Indorama Ventures reaffirmed a commitment to expand advanced recycling capacity in Asia, including Japan, to meet sustainability and recycled content demand, signaling continued regional investment in chemical recycling infrastructure.
✅ In January 2026, REFINVERSE Group highlighted accelerated development of new recycling technologies to transform industrial waste into valuable resources as part of Japan's circular economy push, reinforcing tech advancement focus across Japanese recycling ecosystems.
Key Players:
=> Honeywell International Inc., Chevron Phillips Chemical Company LLC, Synova, Erema Group, Brightmark, Sierra International Machinery, Metso Outotec Corporation, Machinex Industries Inc., Vecoplan AG and Tomra Systems ASA.
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Key Segments:
By Technology
Pyrolysis / Cracking leads with 40% share, widely used for converting mixed plastic waste into fuels and chemicals.
Gasification accounts for 25%, preferred for industrial-scale chemical recovery and syngas production.
Depolymerization holds 20%, increasingly adopted for producing monomers from PET and other polymers.
Other technologies contribute 15%, including emerging chemical recycling innovations.
By Process Output
Naphtha accounts for 35%, widely used in chemical industries and as a feedstock for petrochemicals.
Heavy Gas Oil holds 30%, utilized in fuel blending and industrial energy applications.
Wax Residue represents 15%, applied in lubricants, candles, and specialty chemicals.
Other outputs contribute 20%, including specialty chemicals and monomers for industrial use.
By End-User
Packaging leads with 25% share, driven by sustainable materials and recycled-content packaging mandates.
Building and Construction accounts for 20%, using recycled fuels and chemical outputs in asphalt, adhesives, and construction plastics.
Consumer Electronics holds 15%, leveraging recycled polymers in casings and components.
Automotive represents 15%, adopting recycled materials for interiors, panels, and under-the-hood components.
Healthcare accounts for 10%, using recycled polymers for medical packaging and non-critical devices.
Other end-users contribute 15%, including textiles, industrial machinery, and specialty chemicals.
Regional Insights (2025-2033)
North America leads with 30%, driven by government regulations, circular economy initiatives, and technological adoption.
Europe holds 25%, supported by strict recycling mandates and advanced waste-to-fuel facilities.
Asia Pacific accounts for 30%, emerging as the fastest-growing region, fueled by industrial expansion, plastic waste volumes, and sustainability initiatives.
Latin America represents 10%, with gradual adoption in packaging, automotive, and energy sectors.
Middle East & Africa contribute 5%, driven by oil & gas industries and infrastructure projects.
FAQ
What is the current size of the Advanced Recycling Technologies Market?
A: In 2022, the Advanced Recycling Technologies Market was valued at US$ 269.8 million, reflecting its strong industry presence.
Q2: How large is the Advanced Recycling Technologies Market expected to be by 2031?
A: By 2031, industry forecasts suggest the Advanced Recycling Technologies Market will grow to around US$ 6,381.0 million, demonstrating significant expansion.
Q3: What is the growth rate of the Advanced Recycling Technologies Market?
A: The market is projected to expand at a compound annual growth rate (CAGR) of 48.5% during the forecast period from 2024 to 2031.
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