Market Overview:

This report presents an extensive evaluation of the Global Chemical Recycling Market, focusing on historical data from 2019 to 2022 while offering detailed forecasts for the period between 2024 to 2030. The analysis encompasses various aspects, including market Size, Share, Growth, Analysis, Trends and competitive insights.

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Table of Contents (Global Chemical Recycling Market)

1. Executive Summary
2. Market Definition & Research Methodology
3. Market Dynamics: Drivers, Challenge, Trend and Opportunities
4. Segment Analysis and Geographical Breakdown
5. Competitive Landscape & Strategic Initiatives
6. Regulatory Environment & Policy Factors
7. Growth Forecast Model (2024–2030)
8. Appendix: Company Profiles, Data Sources, Methodology

What’s covered in the report?

Market Key Driver:

Government Strict Regulations Driving Market Growth – The wider adoption of chemical recycling needs a necessary push from the stringent government regulations to meet the emission targets and mitigate the increasing plastic waste otherwise it will continue to get either dumped in landfills or incinerated, leading to massive pollution and CO₂ emission. For instance,

• In April 2024, the Geneva Environment Network a coordinated network of the United Nations Environment Programme highlighted that out of the total plastic waste produced in the world only about 9% gets recycled. The majority of the plastic waste about 50% ends up in landfills, 22% gets dumped into uncontrolled sites, and the remaining gets incinerated.

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Leading players of Global Chemical Recycling Market including:

• Agilyx
• BASF SE
• Eastman Chemical Company
• JEPLAN, Inc.
• Recycling Technologies
• Veolia Environment S.A.
• SABIC
• LyondellBasell Industries Holdings B.V.
• Plastic Energy
• Remondis
• Carbios
• Loop Industries
• GFL Environmental Inc.
• Clean Harbours, Inc.
• Neste
• Ioniqa Technologies
• Borealis
• Mura Technology
• Sulzer Chemtech

Global Chemical Recycling Market Segmentation:

By Technology

• Pyrolysis
  • Non-catalytic
  • Catalytic
• Gasification
• Hydrothermal Treatment
• Purification
• Depolymerization
  • Hydrolysis
  • Enzymolysis
  • Methanolysis
  • Glycolysis
  • Aminolysis

By Product

• Polyethylene (PE)
• Polyethylene Terephthalate (PET)
• Polypropylene (PP)
• Polyvinyl Chloride (PVC)
• Polystyrene (PS)
• Polycarbonate
• Others

The polyethylene (PE) segment holds the largest market share primarily due to its extensive application across various industries in the world.

By End User

• Packaging
• Automotive
• Building & Construction
• Electronics
• Others

When considering segmentation based on end-users packaging industry dominates the market for the extensive use of plastic in the packaging industry, and this scenario will most likely continue to play out in the market over the forecasted period.

By Region

• North America
• South America
• Europe
• The Middle East & Africa
• Asia-Pacific

Europe holds the largest share in the Global Chemical Recycling Market, due to its adherence to strict environmental regulations.

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Key Highlights of MarkNtel Advisors' Research Methodology

• MarkNtel Advisors uses a robust methodology for accurate market analysis.
• Research objectives are clearly defined with tailored methodologies for clients.
• A representative sample is selected to ensure reliable data collection.
• Data analysis includes cleaning, statistical evaluations, and validation checks.
• Predictive modeling forecasts trends, and reports include strategic recommendations.

About MarkNtel Advisors:

We are a leading market research firm providing research, consulting, and data-driven intelligence to clients across diverse industries globally. Our reports are tailored to help businesses identify lucrative opportunities and mitigate potential risks using actionable insights.

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