Product Code: GVR-4-68040-539-5
Recycled Engineering Plastics Market Growth & Trends:
The global recycled engineering plastics market size is anticipated to reach USD 6.30 billion by 2030 and is anticipated to expand at a CAGR of 4.97% during the forecast period, according to a new report by Grand View Research, Inc. The recycled engineering plastics market is a crucial segment of the global sustainable materials industry, driven by the growing need for eco-friendly, high-performance polymers. Recycled engineering plastics, derived from post-consumer and post-industrial waste, are widely used in industries such as automotive, electronics, construction, and packaging. These materials offer a balance of mechanical strength, thermal stability, and chemical resistance, making them a viable alternative to virgin plastics in demanding applications. As sustainability regulations tighten and industries shift toward circular economy practices, the adoption of recycled engineering plastics is becoming increasingly mainstream, particularly in regions with strict environmental policies.
One of the primary drivers of growth in the recycled engineering plastics market is the rising global emphasis on carbon footprint reduction and waste management. Companies across multiple industries are actively incorporating recycled polymers to meet regulatory mandates, such as extended producer responsibility (EPR) programs and minimum recycled content requirements. In addition, innovations in mechanical and chemical recycling technologies have improved the quality and performance of recycled materials, enabling their use in critical applications such as automotive interiors, electronic housings, and high-durability packaging. As both corporate sustainability commitments and consumer awareness of eco-friendly materials increase, the market for recycled engineering plastics is poised for continued expansion.
The market players are focusing on various strategic initiatives such as mergers, acquisitions, and collaborations. For instance, in February 2024, Azek, an outdoor living products manufacturer, expanded its recycling capabilities by acquiring Northwest Polymers, a recycling company specializing in post-industrial and post-commercial plastics.
Recycled Engineering Plastics Market Report Highlights:
- Based on product type, polycarbonate held the largest share, accumulating USD 1.31 billion market size in 2024.
- Mechanical recycling dominated the recycling process segmentation and accounted for the largest revenue share of over 36.64% in 2024.
- Based on application, automotive accounted for the largest share of 33.61% market size in 2024.
- Asia Pacific dominated the recycling engineering plastics market. Multinational corporations with manufacturing bases in Asia are implementing closed-loop recycling systems to improve resource efficiency and reduce reliance on virgin polymers, further boosting the regional market.
- China was the leading manufacturer of recycling engineering plastics in the Asia Pacific region and captured around 33% of the revenue market share in 2024 in this region.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Products & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Insights
- 2.2. Segmental Outlook
- 2.3. Competitive Outlook
Chapter 3. Recycled Engineering Plastics Market Variables, Trends & Scope
- 3.1. Global Recycled Engineering Plastics Market Outlook
- 3.2. Industry Value Chain Analysis
- 3.3. Technology Overview
- 3.4. Impact of Circular Economy
- 3.5. Average Price Trend Analysis, 2018 to 2030 (USD/kg)
- 3.5.1. Key Factors Influencing Pricing
- 3.6. Regulatory Framework
- 3.6.1. Policies and Incentive Plans
- 3.6.2. Standards and Compliances
- 3.6.3. Regulatory Impact Analysis
- 3.7. Market Dynamics
- 3.7.1. Market Driver Analysis
- 3.7.2. Market Restraint Analysis
- 3.7.3. Industry Challenges
- 3.8. Porter's Five Forces Analysis
- 3.8.1. Supplier Power
- 3.8.2. Buyer Power
- 3.8.3. Substitution Threat
- 3.8.4. Threat from New Entrant
- 3.8.5. Competitive Rivalry
- 3.9. PESTEL Analysis
- 3.9.1. Political Landscape
- 3.9.2. Economic Landscape
- 3.9.3. Social Landscape
- 3.9.4. Technological Landscape
- 3.9.5. Environmental Landscape
- 3.9.6. Legal Landscape
Chapter 4. Recycled Engineering Plastics Market: Product Outlook Estimates & Forecasts
- 4.1. Recycled Engineering Plastics Market: Product Movement Analysis, 2024 & 2030
- 4.1.1. Polycarbonate (PC)
- 4.1.1.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 4.1.2. Acrylonitrile Butadiene Styrene (ABS)
- 4.1.2.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 4.1.3. Polyamide (Nylon)
- 4.1.3.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 4.1.4. Polyethylene Terephthalate (PET)
- 4.1.4.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 4.1.5. Polybutylene Terephthalate (PBT)
- 4.1.5.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 4.1.6. Others
- 4.1.6.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
Chapter 5. Recycled Engineering Plastics Market: Recycling Process Outlook Estimates & Forecasts
- 5.1. Recycled Engineering Plastics Market: Recycling Process Movement Analysis, 2024 & 2030
- 5.1.1. Mechanical Recycling
- 5.1.1.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 5.1.2. Chemical Recycling
- 5.1.2.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
Chapter 6. Recycled Engineering Plastics Market: Recycling Process Outlook Estimates & Forecasts
- 6.1. Recycled Engineering Plastics Market: Recycling Process Movement Analysis, 2024 & 2030
- 6.1.1. Automotive
- 6.1.1.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 6.1.2. Electrical & Electronics
- 6.1.2.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 6.1.3. Building & Construction
- 6.1.3.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 6.1.4. Consumer Goods
- 6.1.4.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 6.1.5. Industrial Machinery
- 6.1.5.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 6.1.6. Others
- 6.1.6.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
Chapter 7. Recycled Engineering Plastics Market Regional Outlook Estimates & Forecasts
- 7.1. Regional Snapshot
- 7.2. Recycled Engineering Plastics Market: Regional Movement Analysis, 2024 & 2030
- 7.3. North America
- 7.3.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.2. Market estimates and forecast, by Product, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.3. Market estimates and forecast, by recycling process, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.5. U.S.
- 7.3.5.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.5.2. Market estimates and forecast, by Product, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.5.3. Market estimates and forecast, by recycling process, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.5.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.6. Canada
- 7.3.6.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.6.2. Market estimates and forecast, by Product, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.6.3. Market estimates and forecast, by recycling process, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.6.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.7. Mexico
- 7.3.7.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.7.2. Market estimates and forecast, by Product, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.7.3. Market estimates and forecast, by recycling process, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.7.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.4. Europe
- 7.4.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.2. Market estimates and forecast, by Product, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.3. Market estimates and forecast, by recycling process, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.5. UK
- 7.4.5.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.5.2. Market estimates and forecast, by Product, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.5.3. Market estimates and forecast, by recycling process, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.5.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.6. Germany
- 7.4.6.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.6.2. Market estimates and forecast, by Product, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.6.3. Market estimates and forecast, by recycling process, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.7. France
- 7.4.7.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.7.2. Market estimates and forecast, by Product, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.7.3. Market estimates and forecast, by recycling process, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.7.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.8. Italy
- 7.4.8.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.8.2. Market estimates and forecast, by Product, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.8.3. Market estimates and forecast, by recycling process, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.8.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.9. Spain
- 7.4.9.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.9.2. Market estimates and forecast, by Product, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.9.3. Market estimates and forecast, by recycling process, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.9.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.5. Asia Pacific
- 7.5.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.2. Market estimates and forecast, by Product, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.3. Market estimates and forecast, by recycling process, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.5. China
- 7.5.5.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.5.2. Market estimates and forecast, by Product, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.5.3. Market estimates and forecast, by recycling process, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.5.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.6. India
- 7.5.6.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.6.2. Market estimates and forecast, by Product, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.6.3. Market estimates and forecast, by recycling process, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.6.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.7. Japan
- 7.5.7.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.7.2. Market estimates and forecast, by Product, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.7.3. Market estimates and forecast, by recycling process, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.7.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.8. South Korea
- 7.5.8.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.8.2. Market estimates and forecast, by Product, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.8.3. Market estimates and forecast, by recycling process, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.8.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.9. Australia
- 7.5.9.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.9.2. Market estimates and forecast, by Product, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.9.3. Market estimates and forecast, by recycling process, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.9.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.6. Central & South America
- 7.6.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.2. Market estimates and forecast, by Product, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.3. Market estimates and forecast, by recycling process, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.5. Brazil
- 7.6.5.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.5.2. Market estimates and forecast, by Product, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.5.3. Market estimates and forecast, by recycling process, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.5.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.6. Argentina
- 7.6.6.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.6.2. Market estimates and forecast, by Product, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.6.3. Market estimates and forecast, by recycling process, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.6.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.7. Middle East & Africa
- 7.7.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.7.2. Market estimates and forecast, by Product, 2018 - 2030 (USD Million) (Kilotons)
- 7.7.3. Market estimates and forecast, by recycling process, 2018 - 2030 (USD Million) (Kilotons)
- 7.7.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.7.5. Saudi Arabia
- 7.7.5.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.7.5.2. Market estimates and forecast, by Product, 2018 - 2030 (USD Million) (Kilotons)
- 7.7.5.3. Market estimates and forecast, by recycling process, 2018 - 2030 (USD Million) (Kilotons)
- 7.7.5.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.7.6. South Africa
- 7.7.6.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.7.6.2. Market estimates and forecast, by Product, 2018 - 2030 (USD Million) (Kilotons)
- 7.7.6.3. Market estimates and forecast, by recycling process, 2018 - 2030 (USD Million) (Kilotons)
- 7.7.6.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
Chapter 8. Competitive Landscape
- 8.1. Recent Developments & Impact Analysis, By Key Market Participants
- 8.2. Vendor Landscape
- 8.2.1. Company categorization
- 8.2.2. List of Key Distributors and channel Partners
- 8.2.3. List of Potential Customers/End-users
- 8.3. Competitive Dynamics
- 8.3.1. Company Market Share Analysis & Market Positioning
- 8.3.2. Competitive Benchmarking
- 8.3.3. Strategy Mapping
- 8.3.4. Heat Map Analysis
- 8.4. Company Profiles/Listing
- 8.4.1. Participant's overview
- 8.4.2. Financial performance
- 8.4.3. Product benchmarking
- 8.4.3.1. MBA Polymers, Inc.
- 8.4.3.2. Banyan Nation
- 8.4.3.3. Polyplastics Group
- 8.4.3.4. Covestro AG
- 8.4.3.5. Eastman Chemical Company
- 8.4.3.6. Trinseo
- 8.4.3.7. Veolia Environnement S.A.
- 8.4.3.8. Borealis
- 8.4.3.9. Dow Inc.
- 8.4.3.10. Polyvisions Inc.