Global Circular Economy of Chemical Recycling of Plastic Packaging
Transformative Mega Trends Drive the Growth of Complementary Solutions to the Mechanical Recycling of Plastic Packaging Waste
02-Aug-2023
Global
Market Research
MH00-01-00-00-00
TEMP_2023_74
This research service provides a comprehensive analysis of the chemical recycling of plastic packaging market. Chemical recycling is an important complementary solution to the well-established mechanical recycling of plastic packaging, enabling the processing of hard-to-recycle, mixed, and contaminated plastic waste. Chemical recycling offers a much-needed opportunity to eliminate incineration and landfill disposals, supporting the circular economy of plastic packaging and limiting the consumption of raw materials.
The market presents a high potential for development in the upcoming years, offering promising upgrades to plastic waste management. The global chemical recycling of plastic packaging market was worth $0.73 billion in 2022 and is projected to have a significant compound annual growth rate (CAGR) of 43.5% between 2022 and 2030, reaching $13.08 billion by 2030.
The study analyzes the prospects of different chemical recycling technologies (including plastic-to-fuel and plastic-to-plastic), examining regional markets and their readiness to adopt such solutions. It provides a comprehensive analysis of the stakeholder value chain and identifies the key factors driving and restraining growth. A list of the key companies in each market segment, examples of use cases, and an overview of companies to watch have also been provided. The study concludes by highlighting some key growth opportunities emerging from the development of chemical recycling globally for stakeholders and market players to leverage.
Author: Paulina Blaszczyk
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the Chemical Recycling of Plastic Packaging
Growth Opportunities Fuel the Growth Pipeline Engine™
Key Findings
6P Framework for the Future of Sustainability and a Circular Economy—More with Less
The Role of Key Stakeholders in the Development of Plastic Packaging and Circular Economy Chemical Recycling
The Role of Key Stakeholders in the Development of Plastic Packaging and Circular Economy Chemical Recycling (continued)
Chemical Recycling to Become a Complementary Solution to the Plastic Packaging Circular Economy
Key Chemical Recycling Processes in the Circular Economy of Plastic Packaging (P2F)
Key Chemical Recycling Processes in the Circular Economy of Plastic Packaging (P2P)
The Benefits of Chemical Recycling for Recycling a Broad Range of Plastic Packaging
Key Components of Well-integrated Chemical Recycling Across the Plastic Manufacturing Value Chain and Circular Economy
Growth Metrics
Growth Drivers
Growth Restraints
Chemical Recycling of Plastic Packaging—Volume Forecast
Key Contributors to the Global Chemical Recycling of Plastic Packaging Capacity
Chemical Recycling of Plastic Packaging—Revenue Forecast
Investment Opportunites by Key Chemical Recycling Processes
Overview of Regional Opportunities—Europe
Overview of Regional Opportunities—North America (NA)
Overview of Regional Opportunities—Latin America (LatAm)
Overview of Regional Opportunities—Middle East and Africa (MEA)
Overview of Regional Opportunities—Asia-Pacific (APAC)
Overview of Key Stakeholders in the Chemical Recycling Value Chain—Growth Accelerators
Key Stakeholders Involved in the Chemical Recycling Value Chain
Key Stakeholders Involved in the Chemical Recycling Value Chain (continued)
Opportunity Mapping
How Do Stakeholders Benefit from the Development of Plastic Packaging Chemical Recycling?
How Do Stakeholders Benefit from the Development of Plastic Packaging Chemical Recycling? (continued)
How Do Stakeholders Benefit from the Development of Plastic Packaging Chemical Recycling? (continued)
How Do Stakeholders Benefit from the Development of Plastic Packaging Chemical Recycling? (continued)
Companies to Watch—Technology Providers
Companies to Watch—Technology Providers (continued)
Companies to Watch—Technology Providers (continued)
Use Cases—Examples of Chemical Recycling Capacity Development
Use Cases—Examples of Chemical Recycling Capacity Development (continued)
Use Cases—Examples of Chemical Recycling Capacity Development (continued)
Growth Opportunity 1: P2F Recycling
Growth Opportunity 1: P2F Recycling (continued)
Growth Opportunity 2: Food-grade P2P Recycling
Growth Opportunity 2: Food-grade P2P Recycling (continued)
Growth Opportunity 3: Pre-chemical Mechanical Material Processing Technologies
Growth Opportunity 3: Pre-chemical Mechanical Material Processing Technologies (continued)
Growth Opportunity 4: Digital Circularity Platforms and Blockchain for Track-Trace-Certify
Growth Opportunity 4: Digital Circularity Platforms and Blockchain for Track-Trace-Certify (continued)
List of Exhibits
List of Exhibits (continued)
Legal Disclaimer
- Chemical Recycling of Plastic Packaging: Key Processes of Circular Economy Value Chain, Global, 2022
- Chemical Recycling of Plastic Packaging: End-of-life Recycling Opportunities for Key Plastic Packaging Materials, Global, 2022
- Chemical Recycling of Plastic Packaging: Key Components of Circular Value Chain, Global, 2022
- Chemical Recycling of Plastic Packaging: Growth Metrics, Global, 2022
- Chemical Recycling of Plastic Packaging: Growth Drivers, Global, 2023-2030
- Chemical Recycling of Plastic Packaging: Growth Restraints, Global, 2023-2030
- Chemical Recycling of Plastic Packaging: Volume Forecast for Mechanical and Chemical Recycling and Combined Recycling Rate, Global, 2022, 2025, and 2030
- Chemical Recycling of Plastic Packaging: Capacity by Key Contributors, Global, 2022, 2025, and 2030
- Chemical Recycling of Plastic Packaging: Revenue Forecast, Global, 2022, 2025, and 2030
- Chemical Recycling of Plastic Packaging: Revenue Share by Key Processes, Global, 2022
- Chemical Recycling of Plastic Packaging: Revenue Forecast by Key Processes, Global, 2022
- Chemical Recycling of Plastic Packaging: Revenue Share by Key Processes, Global, 2030
- Chemical Recycling of Plastic Packaging: Opportunity Mapping by Key Segments, Europe, 2023-2030
- Chemical Recycling of Plastic Packaging: Opportunity Mapping by Key Segments, NA, 2023-2030
- Chemical Recycling of Plastic Packaging: Opportunity Mapping by Key Segments, LatAm, 2023-2030
- Chemical Recycling of Plastic Packaging: Opportunity Mapping by Key Segments, MEA, 2023-2030
- Chemical Recycling of Plastic Packaging: Opportunity Mapping by Key Segments, APAC, 2023-2030
- Chemical Recycling of Plastic Packaging: Key Stakeholders, Global, 2022
- Chemical Recycling of Plastic Packaging: Examples of Key Stakeholders, Global, 2022
- Chemical Recycling of Plastic Packaging: Companies to Watch, Global, 2022
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