Product Code: GVR-4-68040-082-4
Microplastic Recycling Market Growth & Trends:
The global microplastic recycling market size is expected to reach USD 448.5 million by 2030, registering a CAGR of 9.6% from 2025 to 2030, according to a new report by Grand View Research, Inc. The market is expected to grow in the coming years owing to increasing government regulations, environmental concerns, technological advancements, consumer awareness, and the increasing use of microplastics in different industries.
Increasing consumer awareness about the harmful effects of microplastic on human health and the environment is driving the demand for microplastic recycling. Different governments are also implementing regulations and policies to reduce plastic waste and promote recycling. This in turn is expected to boost the demand for microplastic recycling. In addition, technological advancements for sorting, separating, and recycling microplastics are also driving the growth of the market.
However, lack of infrastructure, limited demand, the complexity of microplastic mixtures, and high cost of recycling microplastics are some restraining factors for the market. Currently, there is a limited demand for recycled microplastics, which makes it difficult for recycling companies to increase their operations. Microplastic recycling is expensive when compared to traditional plastic recycling methods. This makes it difficult for recycling companies to compete in the market.
Microplastics are often contaminated with other materials such as dirt, organic matter, and metals. This contamination can make it challenging to separate and recycle the microplastics, and can also reduce the quality of the recycled material. In addition, the process of collecting, separating, and recycling microplastics is highly complex and requires specialized equipment and processes. This makes the process expensive and difficult to recycle microplastics on a large scale.
Microplastic Recycling Market Report Highlights:
- In terms of revenue, secondary product segment accounted for a prominent share of more than 76.0% in the market in 2024 and is further expected to witness prominent growth over the forecast period.
- Packaging industry is a major industry utilizing microplastic for various applications. The use of recycled plastics, including microplastics, is seen as an effective way to reduce the environmental impact of packaging.
- The Asia Pacific microplastic recycling market is anticipated to grow at a CAGR of 10.3% during the forecast period.
- Recycled microplastics are utilized in the automotive and transportation industry to produce different interior components including seating, door panels, and dashboard panels.
- In terms of revenue, Packaging dominated the market and accounted for more than 60.0% of the global revenue in 2024.
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 Sources & 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 Snapshot
- 2.2. Segment Snapshot
- 2.3. Competitive Landscape Snapshot
Chapter 3. Microplastic Recycling Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent Market Outlook
- 3.1.2. Related Market Outlook
- 3.2. Industry Value Chain Analysis
- 3.3. Regulatory Framework
- 3.4. Market Dynamics
- 3.4.1. Market Driver Analysis
- 3.4.2. Market Restraint Analysis
- 3.4.3. Industry Challenges
- 3.4.4. Industry Opportunities
- 3.5. Industry Analysis Tools
- 3.5.1. Porter's Five Forces Analysis
- 3.5.2. Macro-environmental Analysis
Chapter 4. Microplastic Recycling Market: Product Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Microplastic Recycling Market: Product Movement Analysis & Market Share, 2024 & 2030
- 4.3. Primary
- 4.3.1. Primary Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4. Secondary
- 4.4.1. Secondary Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. Microplastic Recycling Market: End-Use Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Microplastic Recycling Market: End-Use Movement Analysis & Market Share, 2024 & 2030 (USD Million)
- 5.3. Packaging
- 5.3.1 Packaging Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4. Agriculture
- 5.4.1. Agriculture Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.5. Consumer Goods
- 5.5.1. Consumer Goods Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.6. Textile
- 5.6.1. Textile Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.7. Automotive & Transportation
- 5.7.1. Automotive & Transportation Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.8. Building & Construction
- 5.8.1. Building & Construction Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.9. Others
- 5.9.1. Others Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 6. Microplastic Recycling Market: Region Estimates & Trend Analysis
- 6.1. Regional Movement Analysis & Market Share, 2024 & 2030
- 6.2. North America
- 6.2.1. North America Microplastic Recycling Market Estimates & Forecast, 2018 - 2030 (USD Million)
- 6.2.2. U.S.
- 6.2.2.1. Key country dynamics
- 6.2.2.2. U.S. microplastic recycling market estimates & forecast, 2018 - 2030 (USD Million)
- 6.2.3. Canada
- 6.2.3.1. Key country dynamics
- 6.2.3.2. Canada microplastic recycling market estimates & forecast, 2018 - 2030 (USD Million)
- 6.2.4. Mexico
- 6.2.4.1. Key country dynamics
- 6.2.4.2. Mexico microplastic recycling market estimates & forecast, 2018 - 2030 (USD Million)
- 6.3. Europe
- 6.3.1. Europe Microplastic Recycling Market Estimates & Forecast, 2018 - 2030 (USD Million)
- 6.3.2. Germany
- 6.3.2.1. Key country dynamics
- 6.3.2.2. Germany microplastic recycling market estimates & forecast, 2018 - 2030 (USD Million)
- 6.3.3. UK
- 6.3.3.1. Key country dynamics
- 6.3.3.2. UK microplastic recycling market estimates & forecast, 2018 - 2030 (USD Million)
- 6.3.4. France
- 6.3.4.1. Key country dynamics
- 6.3.4.2. France microplastic recycling market estimates & forecast, 2018 - 2030 (USD Million)
- 6.4. Asia Pacific
- 6.4.1. Asia Pacific Microplastic Recycling Market Estimates & Forecast, 2018 - 2030 (USD Million)
- 6.4.2. China
- 6.4.2.1. Key country dynamics
- 6.4.2.2. China microplastic recycling market estimates & forecast, 2018 - 2030 (USD Million)
- 6.4.3. Japan
- 6.4.3.1. Key country dynamics
- 6.4.3.2. Japan microplastic recycling market estimates & forecast, 2018 - 2030 (USD Million)
- 6.4.4. India
- 6.4.4.1. Key country dynamics
- 6.4.4.2. India microplastic recycling market estimates & forecast, 2018 - 2030 (USD Million)
- 6.5. Central & South America
- 6.5.1. Central & South America Microplastic Recycling Market Estimates & Forecast, 2018 - 2030 (USD Million)
- 6.5.2. Brazil
- 6.5.2.1. Key country dynamics
- 6.5.2.2. Brazil microplastic recycling market estimates & forecast, 2018 - 2030 (USD Million)
- 6.6. Middle East & Africa
- 6.6.1. Middles East & Africa Microplastic Recycling Market Estimates & Forecast, 2018 - 2030 (USD Million)
Chapter 7. Microplastic Recycling Market - Competitive Landscape
- 7.1. Recent Developments & Impact Analysis, By Key Market Participants
- 7.2. Company Categorization
- 7.3. Company Heat Map
- 7.4. Position Analysis, 2024
- 7.5. Strategy Mapping
- 7.5.1. Expansion
- 7.5.2. Mergers & Acquisition
- 7.5.3. Partnerships & Collaborations
- 7.5.4. New Application Launches
- 7.5.5. Research And Development
- 7.6. Company Profiles
- 7.6.1. PlanetCare
- 7.6.1.1. Participant's overview
- 7.6.1.2. Financial performance
- 7.6.1.3. Application benchmarking
- 7.6.1.4. Recent developments
- 7.6.2. ECOFARIO GmbH
- 7.6.2.1. Participant's overview
- 7.6.2.2. Financial performance
- 7.6.2.3. Application benchmarking
- 7.6.2.4. Recent developments
- 7.6.3. Carbios
- 7.6.3.1. Participant's overview
- 7.6.3.2. Financial performance
- 7.6.3.3. Application benchmarking
- 7.6.3.4. Recent developments
- 7.6.4. PureCycle Technologies, Inc.
- 7.6.4.1. Participant's overview
- 7.6.4.2. Financial performance
- 7.6.4.3. Application benchmarking
- 7.6.4.4. Recent developments
- 7.6.5. Ioniqa Technologies B.V.
- 7.6.5.1. Participant's overview
- 7.6.5.2. Financial performance
- 7.6.5.3. Application benchmarking
- 7.6.5.4. Recent developments
- 7.6.6. Calyxia
- 7.6.6.1. Participant's overview
- 7.6.6.2. Financial performance
- 7.6.6.3. Application benchmarking
- 7.6.6.4. Recent developments
- 7.6.7. Ocean Diagnostics, Inc.
- 7.6.7.1. Participant's overview
- 7.6.7.2. Financial performance
- 7.6.7.3. Application benchmarking
- 7.6.7.4. Recent developments
- 7.6.8. OceanWorks International
- 7.6.8.1. Participant's overview
- 7.6.8.2. Financial performance
- 7.6.8.3. Application benchmarking
- 7.6.8.4. Recent developments
- 7.6.9. Matter.
- 7.6.9.1. Participant's overview
- 7.6.9.2. Financial performance
- 7.6.9.3. Application benchmarking
- 7.6.9.4. Recent developments