| Product Code: ETC6191586 | Publication Date: Sep 2024 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Australias solvent based plastic recycling market is an evolving segment focused on chemical recycling methods to break down plastics into reusable raw materials. This technology offers a solution to complex plastic waste streams that are hard to recycle mechanically. Government initiatives on plastic waste reduction, rising environmental awareness, and pressure from manufacturers to use recycled content drive this market. Investment in pilot plants and partnerships between waste management firms and chemical companies are key trends.
The solvent based plastic recycling market in Australia is expanding as the country emphasizes reducing plastic waste and enhancing recycling efficiency. Solvent-based recycling offers advantages in maintaining polymer quality, making it attractive for high-value plastics. Investments in advanced recycling facilities and supportive government policies promote adoption. The market is also driven by consumer demand for recycled-content products and corporate sustainability commitments.
The solvent-based plastic recycling market struggles with scalability and cost-effectiveness of solvent recycling technologies. Collection and sorting of plastic waste remain inefficient, limiting feedstock quality. Environmental and safety concerns related to solvent handling and disposal require strict regulation compliance. Market demand for recycled plastics is still developing, and competition from mechanical recycling limits growth.
With Australia aiming to significantly reduce plastic waste, the solvent-based plastic recycling market is a high-growth investment zone. Startups or companies focusing on advanced chemical recycling processes can benefit from government grants and circular economy funding. There`s potential for technology licensing, recycling infrastructure, and downstream product manufacturing from recycled outputs.
The Australia government has prioritized plastic recycling under its National Plastics Plan. Policies now encourage chemical recycling methods, including solvent-based processes, as part of the transition to a circular economy. Funding and grants are available for recycling infrastructure under the Recycling Modernisation Fund. Furthermore, environmental regulations mandate reporting of recycling outcomes, while import bans on plastic waste drive domestic capacity development.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Solvent-based Plastic Recycling Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Solvent-based Plastic Recycling Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Solvent-based Plastic Recycling Market - Industry Life Cycle |
3.4 Australia Solvent-based Plastic Recycling Market - Porter's Five Forces |
3.5 Australia Solvent-based Plastic Recycling Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Australia Solvent-based Plastic Recycling Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Australia Solvent-based Plastic Recycling Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness and emphasis on sustainability and environmental conservation. |
4.2.2 Government regulations promoting recycling and waste management practices. |
4.2.3 Growing demand for recycled plastics from various industries. |
4.3 Market Restraints |
4.3.1 High initial investment costs in setting up solvent-based plastic recycling facilities. |
4.3.2 Limited availability of advanced recycling technologies and infrastructure. |
4.3.3 Fluctuating prices of virgin plastics impacting the competitiveness of recycled plastics. |
5 Australia Solvent-based Plastic Recycling Market Trends |
6 Australia Solvent-based Plastic Recycling Market, By Types |
6.1 Australia Solvent-based Plastic Recycling Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Australia Solvent-based Plastic Recycling Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Australia Solvent-based Plastic Recycling Market Revenues & Volume, By Polyethylene, 2021- 2031F |
6.1.4 Australia Solvent-based Plastic Recycling Market Revenues & Volume, By Polyethylene Terephthalate, 2021- 2031F |
6.1.5 Australia Solvent-based Plastic Recycling Market Revenues & Volume, By Polypropylene, 2021- 2031F |
6.1.6 Australia Solvent-based Plastic Recycling Market Revenues & Volume, By Polyvinyl Chloride, 2021- 2031F |
6.1.7 Australia Solvent-based Plastic Recycling Market Revenues & Volume, By Polystyrene, 2021- 2031F |
6.1.8 Australia Solvent-based Plastic Recycling Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Australia Solvent-based Plastic Recycling Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Australia Solvent-based Plastic Recycling Market Revenues & Volume, By Building & Construction, 2021- 2031F |
6.2.3 Australia Solvent-based Plastic Recycling Market Revenues & Volume, By Packaging, 2021- 2031F |
6.2.4 Australia Solvent-based Plastic Recycling Market Revenues & Volume, By Electrical & Electronics, 2021- 2031F |
6.2.5 Australia Solvent-based Plastic Recycling Market Revenues & Volume, By Textiles, 2021- 2031F |
6.2.6 Australia Solvent-based Plastic Recycling Market Revenues & Volume, By Automotive, 2021- 2031F |
6.2.7 Australia Solvent-based Plastic Recycling Market Revenues & Volume, By Others, 2021- 2031F |
7 Australia Solvent-based Plastic Recycling Market Import-Export Trade Statistics |
7.1 Australia Solvent-based Plastic Recycling Market Export to Major Countries |
7.2 Australia Solvent-based Plastic Recycling Market Imports from Major Countries |
8 Australia Solvent-based Plastic Recycling Market Key Performance Indicators |
8.1 Percentage increase in plastic recycling rates in Australia. |
8.2 Adoption rate of solvent-based plastic recycling technologies. |
8.3 Amount of plastic waste diverted from landfills for recycling. |
9 Australia Solvent-based Plastic Recycling Market - Opportunity Assessment |
9.1 Australia Solvent-based Plastic Recycling Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Australia Solvent-based Plastic Recycling Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Australia Solvent-based Plastic Recycling Market - Competitive Landscape |
10.1 Australia Solvent-based Plastic Recycling Market Revenue Share, By Companies, 2024 |
10.2 Australia Solvent-based Plastic Recycling Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |