Product Code: ETC13332548 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Mechanical Recycling of Plastics Market was valued at USD 1.4 Billion in 2024 and is expected to reach USD 2.02 Billion by 2031, growing at a compound annual growth rate of 5.60% during the forecast period (2025-2031).
The Global Mechanical Recycling of Plastics Market is experiencing steady growth driven by increasing awareness about environmental sustainability and the need to reduce plastic waste. Mechanical recycling involves the collection, sorting, cleaning, and processing of plastic waste to create new products. Factors such as government regulations promoting recycling, technological advancements in sorting and processing equipment, and growing consumer demand for sustainable products are fueling market expansion. The market is witnessing a rise in investments in recycling infrastructure and collaborations among industry players to enhance recycling capabilities. Key players in the market are focusing on developing innovative recycling technologies to improve the efficiency and quality of recycled plastics. Overall, the Global Mechanical Recycling of Plastics Market is poised for significant growth in the coming years as the world seeks more sustainable solutions for plastic waste management.
The Global Mechanical Recycling of Plastics Market is experiencing significant growth driven by increasing environmental concerns and regulations promoting sustainable practices. A key trend in the market is the rising demand for recycled plastics as manufacturers and consumers seek to reduce the use of virgin plastics. Opportunities in the market include advancements in recycling technologies that improve efficiency and quality of recycled plastics, as well as the development of innovative recycling processes for hard-to-recycle plastics. Additionally, collaborations between industry players and government initiatives to promote plastic recycling are creating a favorable environment for market growth. Overall, the Global Mechanical Recycling of Plastics Market is poised for expansion as the circular economy concept gains traction worldwide.
One of the main challenges faced in the Global Mechanical Recycling of Plastics Market is the contamination of recycled plastics. Contamination can occur due to improper sorting of plastic waste streams, presence of non-recyclable materials, and residue from food or other substances. This contamination reduces the quality and purity of the recycled plastics, making them less desirable for manufacturers looking to incorporate recycled materials into their products. Additionally, the lack of standardized collection and sorting processes across different regions and countries poses a challenge in ensuring a consistent and high-quality supply of recycled plastics. Addressing these challenges through improved sorting technologies, education on proper recycling practices, and collaboration among stakeholders in the recycling value chain will be crucial in overcoming these obstacles in the Global Mechanical Recycling of Plastics Market.
The Global Mechanical Recycling of Plastics Market is primarily driven by the increasing awareness and emphasis on sustainability, leading to a growing demand for recycled plastics as a more environmentally friendly alternative to virgin plastics. Additionally, stringent government regulations and policies promoting recycling practices, along with rising concerns about plastic waste pollution, are further propelling the market growth. Cost-effectiveness of mechanical recycling compared to other recycling methods, such as chemical recycling, is also a key factor driving the market as companies seek more economical and efficient ways to manage plastic waste. Moreover, the rising adoption of circular economy principles by industries and consumers is driving the demand for mechanical recycling of plastics to close the loop on plastic production and consumption, fostering a more sustainable and resource-efficient approach.
Government policies related to the Global Mechanical Recycling of Plastics Market vary across countries, but some common trends include initiatives to promote recycling and reduce plastic waste. Many governments have implemented regulations mandating the use of recycled plastics in certain products or setting targets for increasing recycling rates. Additionally, some countries provide financial incentives or subsidies to encourage investment in recycling infrastructure and technologies. In recent years, there has been a growing focus on extended producer responsibility (EPR) programs, which hold producers accountable for managing the end-of-life disposal of their products, including plastics. Overall, government policies aim to create a more sustainable and circular economy by promoting the mechanical recycling of plastics and reducing the environmental impact of plastic waste.
The Global Mechanical Recycling of Plastics Market is expected to witness significant growth in the coming years due to increasing awareness about environmental sustainability and the rising demand for recycled plastic products. Technological advancements in recycling processes, along with government initiatives promoting recycling practices, are further driving market growth. The implementation of stringent regulations on single-use plastics and the growing emphasis on a circular economy are also contributing to the expansion of the mechanical recycling of plastics market. With a shift towards more sustainable practices across industries and changing consumer preferences, the market is poised for steady growth and innovation in the coming years.
The global mechanical recycling of plastics market is witnessing significant growth across all regions, with Asia leading the market due to the presence of key players and increasing government initiatives to promote sustainable practices. North America and Europe are also prominent markets, driven by stringent regulations and growing consumer awareness about plastic waste management. In the Middle East and Africa, the market is expanding as governments focus on reducing environmental impact and enhancing recycling infrastructure. Latin America is experiencing steady growth, propelled by rising investments in recycling technologies and a shift towards circular economy practices. Overall, market growth in all regions is fueled by the increasing demand for recycled plastics, driven by sustainability concerns and the need to reduce plastic waste.
Global Mechanical Recycling of Plastics Market |
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 Global Mechanical Recycling of Plastics Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Mechanical Recycling of Plastics Market Revenues & Volume, 2021 & 2031F |
3.3 Global Mechanical Recycling of Plastics Market - Industry Life Cycle |
3.4 Global Mechanical Recycling of Plastics Market - Porter's Five Forces |
3.5 Global Mechanical Recycling of Plastics Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Mechanical Recycling of Plastics Market Revenues & Volume Share, By Technology Type, 2021 & 2031F |
3.7 Global Mechanical Recycling of Plastics Market Revenues & Volume Share, By Application Area, 2021 & 2031F |
3.8 Global Mechanical Recycling of Plastics Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.9 Global Mechanical Recycling of Plastics Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
4 Global Mechanical Recycling of Plastics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Mechanical Recycling of Plastics Market Trends |
6 Global Mechanical Recycling of Plastics Market, 2021 - 2031 |
6.1 Global Mechanical Recycling of Plastics Market, Revenues & Volume, By Technology Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Mechanical Recycling of Plastics Market, Revenues & Volume, By Mechanical Recycling, 2021 - 2031 |
6.1.3 Global Mechanical Recycling of Plastics Market, Revenues & Volume, By Chemical Recycling, 2021 - 2031 |
6.2 Global Mechanical Recycling of Plastics Market, Revenues & Volume, By Application Area, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Mechanical Recycling of Plastics Market, Revenues & Volume, By Packaging Materials, 2021 - 2031 |
6.2.3 Global Mechanical Recycling of Plastics Market, Revenues & Volume, By Automotive Parts, 2021 - 2031 |
6.2.4 Global Mechanical Recycling of Plastics Market, Revenues & Volume, By Construction Materials, 2021 - 2031 |
6.2.5 Global Mechanical Recycling of Plastics Market, Revenues & Volume, By Textiles, 2021 - 2031 |
6.3 Global Mechanical Recycling of Plastics Market, Revenues & Volume, By End User, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Mechanical Recycling of Plastics Market, Revenues & Volume, By Consumer Goods Manufacturers, 2021 - 2031 |
6.3.3 Global Mechanical Recycling of Plastics Market, Revenues & Volume, By Automotive Industry, 2021 - 2031 |
6.3.4 Global Mechanical Recycling of Plastics Market, Revenues & Volume, By Construction Sector, 2021 - 2031 |
6.3.5 Global Mechanical Recycling of Plastics Market, Revenues & Volume, By Textile Industry, 2021 - 2031 |
6.4 Global Mechanical Recycling of Plastics Market, Revenues & Volume, By Product Type, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Mechanical Recycling of Plastics Market, Revenues & Volume, By Polyethylene Terephthalate (PET), 2021 - 2031 |
6.4.3 Global Mechanical Recycling of Plastics Market, Revenues & Volume, By Polyethylene (PE), 2021 - 2031 |
6.4.4 Global Mechanical Recycling of Plastics Market, Revenues & Volume, By Polypropylene (PP), 2021 - 2031 |
6.4.5 Global Mechanical Recycling of Plastics Market, Revenues & Volume, By Polystyrene (PS), 2021 - 2031 |
7 North America Mechanical Recycling of Plastics Market, Overview & Analysis |
7.1 North America Mechanical Recycling of Plastics Market Revenues & Volume, 2021 - 2031 |
7.2 North America Mechanical Recycling of Plastics Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Mechanical Recycling of Plastics Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Mechanical Recycling of Plastics Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Mechanical Recycling of Plastics Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Mechanical Recycling of Plastics Market, Revenues & Volume, By Technology Type, 2021 - 2031 |
7.4 North America Mechanical Recycling of Plastics Market, Revenues & Volume, By Application Area, 2021 - 2031 |
7.5 North America Mechanical Recycling of Plastics Market, Revenues & Volume, By End User, 2021 - 2031 |
7.6 North America Mechanical Recycling of Plastics Market, Revenues & Volume, By Product Type, 2021 - 2031 |
8 Latin America (LATAM) Mechanical Recycling of Plastics Market, Overview & Analysis |
8.1 Latin America (LATAM) Mechanical Recycling of Plastics Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Mechanical Recycling of Plastics Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Mechanical Recycling of Plastics Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Mechanical Recycling of Plastics Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Mechanical Recycling of Plastics Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Mechanical Recycling of Plastics Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Mechanical Recycling of Plastics Market, Revenues & Volume, By Technology Type, 2021 - 2031 |
8.4 Latin America (LATAM) Mechanical Recycling of Plastics Market, Revenues & Volume, By Application Area, 2021 - 2031 |
8.5 Latin America (LATAM) Mechanical Recycling of Plastics Market, Revenues & Volume, By End User, 2021 - 2031 |
8.6 Latin America (LATAM) Mechanical Recycling of Plastics Market, Revenues & Volume, By Product Type, 2021 - 2031 |
9 Asia Mechanical Recycling of Plastics Market, Overview & Analysis |
9.1 Asia Mechanical Recycling of Plastics Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Mechanical Recycling of Plastics Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Mechanical Recycling of Plastics Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Mechanical Recycling of Plastics Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Mechanical Recycling of Plastics Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Mechanical Recycling of Plastics Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Mechanical Recycling of Plastics Market, Revenues & Volume, By Technology Type, 2021 - 2031 |
9.4 Asia Mechanical Recycling of Plastics Market, Revenues & Volume, By Application Area, 2021 - 2031 |
9.5 Asia Mechanical Recycling of Plastics Market, Revenues & Volume, By End User, 2021 - 2031 |
9.6 Asia Mechanical Recycling of Plastics Market, Revenues & Volume, By Product Type, 2021 - 2031 |
10 Africa Mechanical Recycling of Plastics Market, Overview & Analysis |
10.1 Africa Mechanical Recycling of Plastics Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Mechanical Recycling of Plastics Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Mechanical Recycling of Plastics Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Mechanical Recycling of Plastics Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Mechanical Recycling of Plastics Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Mechanical Recycling of Plastics Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Mechanical Recycling of Plastics Market, Revenues & Volume, By Technology Type, 2021 - 2031 |
10.4 Africa Mechanical Recycling of Plastics Market, Revenues & Volume, By Application Area, 2021 - 2031 |
10.5 Africa Mechanical Recycling of Plastics Market, Revenues & Volume, By End User, 2021 - 2031 |
10.6 Africa Mechanical Recycling of Plastics Market, Revenues & Volume, By Product Type, 2021 - 2031 |
11 Europe Mechanical Recycling of Plastics Market, Overview & Analysis |
11.1 Europe Mechanical Recycling of Plastics Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Mechanical Recycling of Plastics Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Mechanical Recycling of Plastics Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Mechanical Recycling of Plastics Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Mechanical Recycling of Plastics Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Mechanical Recycling of Plastics Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Mechanical Recycling of Plastics Market, Revenues & Volume, By Technology Type, 2021 - 2031 |
11.4 Europe Mechanical Recycling of Plastics Market, Revenues & Volume, By Application Area, 2021 - 2031 |
11.5 Europe Mechanical Recycling of Plastics Market, Revenues & Volume, By End User, 2021 - 2031 |
11.6 Europe Mechanical Recycling of Plastics Market, Revenues & Volume, By Product Type, 2021 - 2031 |
12 Middle East Mechanical Recycling of Plastics Market, Overview & Analysis |
12.1 Middle East Mechanical Recycling of Plastics Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Mechanical Recycling of Plastics Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Mechanical Recycling of Plastics Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Mechanical Recycling of Plastics Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Mechanical Recycling of Plastics Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Mechanical Recycling of Plastics Market, Revenues & Volume, By Technology Type, 2021 - 2031 |
12.4 Middle East Mechanical Recycling of Plastics Market, Revenues & Volume, By Application Area, 2021 - 2031 |
12.5 Middle East Mechanical Recycling of Plastics Market, Revenues & Volume, By End User, 2021 - 2031 |
12.6 Middle East Mechanical Recycling of Plastics Market, Revenues & Volume, By Product Type, 2021 - 2031 |
13 Global Mechanical Recycling of Plastics Market Key Performance Indicators |
14 Global Mechanical Recycling of Plastics Market - Export/Import By Countries Assessment |
15 Global Mechanical Recycling of Plastics Market - Opportunity Assessment |
15.1 Global Mechanical Recycling of Plastics Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Mechanical Recycling of Plastics Market Opportunity Assessment, By Technology Type, 2021 & 2031F |
15.3 Global Mechanical Recycling of Plastics Market Opportunity Assessment, By Application Area, 2021 & 2031F |
15.4 Global Mechanical Recycling of Plastics Market Opportunity Assessment, By End User, 2021 & 2031F |
15.5 Global Mechanical Recycling of Plastics Market Opportunity Assessment, By Product Type, 2021 & 2031F |
16 Global Mechanical Recycling of Plastics Market - Competitive Landscape |
16.1 Global Mechanical Recycling of Plastics Market Revenue Share, By Companies, 2024 |
16.2 Global Mechanical Recycling of Plastics Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |