Top Post-consumer Recycled Plastics Companies

Global Post-consumer Recycled Plastics Market size was valued at USD 10.56 Billion in 2023 and is poised to grow from USD 11.8 Billion in 2024 to USD 26.23 Billion by 2032, growing at a CAGR of 10.5% during the forecast period (2025-2032).

Post-consumer recycled plastics companies should focus on resolving the issue of plastic waste to maximize their business scope. Investing in the development of novel recycling technologies to create high-quality post-consumer recycled plastics is also a key opportunity for market players. Targeting the Asia Pacific region is expected to be the most lucrative opportunity for all companies as per this global post-consumer recycled plastics market analysis. 'BASF SE', 'SABIC', 'Evonik Industries AG', 'Sumitomo Chemical Co., Ltd.', 'Arkema', 'LyondellBasell Industries N.V.', 'Celanese Corporation', 'Eastman Chemical Company', 'Chevron Phillips Chemical Company', 'SUEZ SA', 'Exxon Mobil Corporation', 'Covestro AG'

Growing number of organizations and governments are focusing on opting for circular economy practices and models to encourage the reuse of plastics. Collaborations between recyclers, governments, and manufacturers are also estimated to foster a better circular economy model and boost the global post-consumer recycled plastics market outlook in the long run.

Chemical Recycling Adoption: Post-consumer recycled plastics companies should focus on the utilization of chemical recycling, which breaks down plastics into molecular building blocks. This type of recycling can help process hard-to-recycle plastics. Eastman, Loop Industries, and Brightmark are some leading companies opting for this type of recycling to create high-quality PCR plastics.

The Asia Pacific region is forecasted to emerge as the leading region for post-consumer recycled plastics vendors around the world. Imposition of stringent regulations for plastic waste management, availability of supportive initiatives to promote sustainable practices, and surging demand for sustainable materials are helping cement the dominance of this region.