Industrial Automation

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


RELEASE DATE
02-Aug-2023
REGION
Global
DELIVERABLE TYPE
Market Research

RESEARCH CODE
MH00-01-00-00-00
SKU
TEMP_2023_74
Yes
SHARE

Global Circular Economy of Chemical Recycling of Plastic Packaging
Published on: 02-Aug-2023 | SKU: TEMP_2023_74

Need more details?

$2,450.00

$1,837.50 save 25 %

DownloadLink
Need more details?

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

List of Figures
  • 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

Have questions about this research or need deeper insights?
Speak directly with our analytics experts for tailored recommendations.

Recent related Industrial Automation research

16 Oct 2026   |   Global   |   Frost Radar

Frost Radar™: Industrial Wireless Solutions, 2026

As industrial players adopt more autonomous, mobile, and data-intensive applications, organizations are investing in industrial solutions that can provide reliable, secure, and scalable connectivity across factories, warehouses, mines, ports, utilities, transportation systems, and other mission-crit...

07 Oct 2026   |   South Asia, Middle East & North Africa   |   Market Research

Top 10 Growth Opportunities in Resource-Efficient Manufacturing to Optimize Industrial Water and Energy Across the Middle East, 2026

The Middle East is entering a new phase of industrial development in which water security, energy efficiency, and sustainability have become critical determinants of manufacturing competitiveness. Increasing industrial water demand, energy-intensive production processes, climate-related resource con...

06 Oct 2026   |   Global   |   Market Research

Industrial Control Systems, Global, 2022–2032

The study examines the global industrial control systems market, structured around three core technology segments: distributed control systems (DCS), programmable logic controllers (PLCs), and SCADA. Using 2025 as the base year, the research provides market sizing and a seven-year forecast by region...

05 Oct 2026   |   Global   |   Frost Radar

Frost Radar™: Cognitive Cobot Technology Ecosystem, 2026

Collaborative robotics is entering a new phase as advances in artificial intelligence, multimodal perception, force and tactile sensing, adaptive control, and robot learning enable cobots to move beyond fixed, pre-programmed tasks toward more context-aware and responsive automation. This Frost Radar...

02 Oct 2026   |   Global   |   Technology Research

Growth Opportunities in Contact-Rich Robot Skill AI, High-Speed Photopolymer 3D Printing, Industrial Interoperability, Vision AI, Pallet Shuttle Automation, In-Situ AM Inspection, and Composite 3D Printing

The Advanced Manufacturing Technology Opportunity Engine provides profiles of innovations related to simulation-trained contact skills enabling industrial robots to perform complex physical interactions and manipulation tasks; hybrid laser-DLP 3D printing systems combining additive technologies for ...

 

Purchase includes:
  • Report download
  • Growth Dialog™ with our experts

Growth Dialog™

A tailored session with you where we identify the:
  • Strategic Imperatives
  • Growth Opportunities
  • Best Practices
  • Companies to Action

Impacting your company's future growth potential.