• The global industry was valued at US$ 45.5 Bn in 2023
• It is estimated to grow at a CAGR of 9.3% from 2024 to 2035 and reach US$ 129.5 Bn by the end of 2035

Market Overview

Attribute	Detail
Drivers	Ban on Landfills in Developed Countries Surge in Awareness of Environmental Protection

Regional Plastic Recycling Market Insights

Attribute	Detail
Leading Region	Asia Pacific

Plastic Recycling Market Snapshot

Attribute	Detail
Market Size Value in 2023	US$ 45.5 Bn
Market Forecast Value in 2035	US$ 129.5 Bn
Growth Rate (CAGR)	9.3%
Forecast Period	2024-2035
Historical Data Available for	2023
Quantitative Tons	US$ Bn for Value & Tons for Volume
Market Analysis	It includes cross-segment analysis at the global as well as regional level. Furthermore, the qualitative analysis includes drivers, restraints, key trends, Porter’s Five Forces analysis, value chain analysis, and key trend analysis.
Competition Landscape	Market share analysis by company (2023) Company profiles section includes overview, product portfolio, sales footprint, key subsidiaries or distributors, strategy and recent developments, and key financials
Format	Electronic (PDF) + Excel
Market Segmentation	By Product PET PP HDPE LDPE PS PVC Others By Application Packaging Food Contact Non-food Contact Automotive Construction Textiles Others
Regions Covered	North America Latin America Europe Asia Pacific Middle East & Africa
Countries Covered	U.S. Canada Germany U.K. France Spain Italy Russia and CIS Japan China India ASEAN Brazil Mexico GCC South Africa
Companies Profiled	Kuusakoski B&B Plastics Inc. Custom Polymers, Inc. Dart Container Corporation Novolex KW Plastics MBA Polymers UK Ltd PLASgran Ltd. Plastipak Holdings, Inc. WM Recycle America LLC Wellpine Plastic, LTD Others
Customization Scope	Available upon request
Pricing	Available upon request

The India Recycling Market report segments the industry into By Material Type (Plastics, Metals, Paper and Cardboard, Glass, Others), By Source (Municipal (Residential and Commercial), Industrial, Medical Waste, Construction Waste, Other Sources), and By Technology Used (Mechanical Recycling, Chemical Recycling, Biological Recycling, Other Technologies). Get five years of historical data alongside five-year market forecasts.

Global Construction Waste Recycling Market was valued at $28.97Bn in 2022, and is projected to $41.88Bn by 2030, CAGR of 5.40% from 2023 to 2030.

Market Size statistics on the Recycling Facilities industry in the US

Announcement for the recycling industry information on waste recycling.

The German recycling industry recorded around ***** billion euros in revenue as of 2021. This was a significant increase compared to the year before. Figures have fluctuated during the specified time period, but generally increased after 2013. The information relates exclusively to private-sector companies.

Japan plastic recycling market recorded overall recycling of 9.24 million tons in 2023 and this is estimated to reach a volume of 14.07 million tons by 2030 with a CAGR of 5.7% during the forecast period.

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Scrap Metal Recycling Market Size 2025-2029

The scrap metal recycling market size is valued to increase by USD 20.39 billion, at a CAGR of 4.5% from 2024 to 2029. Environmental and sustainability pressures will drive the scrap metal recycling market.

Market Insights

APAC dominated the market and accounted for a 48% growth during the 2025-2029.
By Material - Ferrous metals segment was valued at USD 53.42 billion in 2023
By Application - Construction segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 40.99 million 
Market Future Opportunities 2024: USD 20394.40 million
CAGR from 2024 to 2029 : 4.5%

Market Summary

The market is a dynamic and evolving industry that plays a crucial role in the global economy and sustainability efforts. With increasing environmental consciousness and the depletion of natural resources, the demand for scrap metal recycling has gained significant momentum. One of the primary drivers of this market is the growing emphasis on circular economy principles, which prioritize the reuse and recycling of resources to reduce waste and minimize the extraction of primary raw materials. Advanced sorting technologies and AI-driven recycling processes are revolutionizing the scrap metal recycling industry, enabling higher recovery rates and improved product quality. However, challenges persist, including contamination and quality issues that can impact the market's efficiency and profitability. For instance, a scrap metal processing plant may face operational inefficiencies due to the presence of non-metallic materials in the incoming scrap. To mitigate this issue, the plant may invest in advanced sorting systems or collaborate with suppliers to ensure a cleaner feedstock. In conclusion, the market is shaped by various factors, including environmental pressures, technological advancements, and operational challenges. Companies in this industry must stay informed and adapt to these trends to remain competitive and sustainable in the long run.

What will be the size of the Scrap Metal Recycling Market during the forecast period?

Get Key Insights on Market Forecast (PDF) Request Free SampleThe market continues to evolve, driven by the increasing demand for secondary raw materials and sustainability initiatives. According to recent studies, non-ferrous metal recovery, such as aluminum and copper production, accounted for over 60% of the global scrap metal market in 2020. Precious metal recovery, including gold and silver, represents a smaller but significant segment, with growing importance due to their high value and limited natural resources. Operators in this industry face numerous challenges, including regulatory compliance, budgeting, and product strategy. For instance, ensuring recycling standards are met and obtaining environmental permits are crucial for maintaining a legal and sustainable business. Equipment maintenance and transportation optimization are also essential for supply chain efficiency and processing capacity. Moreover, the scrap metal collection network and recycling infrastructure play a pivotal role in the industry's success. Industrial waste and electronic waste recycling are becoming increasingly important, as companies seek to minimize their environmental footprint and recover valuable materials. Sustainability initiatives, such as recycling standards and process monitoring, are key differentiators for businesses in this competitive landscape. In the realm of ferrous metal recovery, steel production relies heavily on scrap metal as a secondary raw material. Quality assurance and inventory management are critical for maintaining a consistent product and ensuring customer satisfaction. Scrap metal logistics and transportation optimization are also crucial for ensuring a steady supply of raw materials and minimizing processing time. In summary, the market is a dynamic and evolving industry, driven by the demand for secondary raw materials and sustainability initiatives. Operators must navigate regulatory compliance, budgeting, and product strategy while maintaining a focus on quality, efficiency, and sustainability.

Unpacking the Scrap Metal Recycling Market Landscape

In the dynamic the market, businesses prioritize scrap metal processing for optimal resource management and waste reduction. Advanced alloy identification techniques, such as spectroscopy analysis and XRF analysis, ensure accurate metal sorting and efficient material characterization. The adoption of data analytics and AI-powered sorting systems has led to a significant increase in process optimization, resulting in improved quality control and higher ROI.

Metal pricing volatility necessitates continuous market monitoring and process optimization. Non-ferrous scrap processing plants leverage various metal separation techniques,

The Waste Recycling Services Market Report is Segmented by Material Type (Paper & Paperboard, Metals, and More), by Source (Residential, Commercial, and More), by End-User Industry (Packaging, Automotive & Transportation, and More), by Recycling Process (Mechanical Recycling, and More), and by Geography (North America, Europe, and More). The Report Offers Market Size and Forecasts in Value (USD) for all the Above Segments.

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Electronic Waste Recycling Market Size 2025-2029

The electronic waste recycling market size is forecast to increase by USD 32.74 billion at a CAGR of 21.6% between 2024 and 2029.

The market is driven by stringent government regulations mandating proper e-waste management. These regulations aim to mitigate the environmental and health risks associated with the improper disposal of electronic waste. Furthermore, the increasing number of mergers and acquisitions among market companies signifies a consolidating industry, with companies seeking to expand their market presence and enhance their capabilities. However, a significant challenge facing the market is the lack of awareness about proper methods of e-waste segregation. Battery recycling and CRT recycling are essential sub-segments, given the hazardous nature of these materials.
Companies in this market must navigate these challenges by investing in public awareness campaigns and developing innovative solutions for e-waste segregation and recycling to capitalize on the growing demand for sustainable waste management practices. This obstacle hampers the effective collection and recycling of e-waste, limiting the potential for value recovery and sustainable disposal solutions.

What will be the Size of the Electronic Waste Recycling Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
Request Free Sample

The electronic waste (e-waste) recycling market is characterized by continuous innovation in recycling processes, ensuring the safe dismantling of e-waste while adhering to occupational safety standards. Metal refining and material separation technologies, such as pre-treatment processes and plastic granulation, play a crucial role in the efficient extraction of precious metals. National e-waste policies and sustainability reporting are driving the industry towards greater environmental stewardship, with post-treatment processes and energy recovery becoming increasingly important. Quality assurance and recycling certifications are essential for maintaining industry best practices and stakeholder engagement.

Data analytics and waste characterization facilitate policy analysis and recycling economics, while environmental remediation and recycling facility optimization ensure regulatory compliance. Public awareness campaigns and waste classification efforts contribute to the overall success of the market, with a focus on circular economy principles and circular business models.

How is this Electronic Waste Recycling Industry segmented?

The electronic waste recycling industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Material

  Metals and chemicals
  Plastic
  Glass


Source

  Household appliances
  Entertainment and consumer electronics
  IT and telecom
  Medical equipment
  Others


Method

  Mechanical recycling
  Pyrolysis
  Others


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    UK


  Middle East and Africa

    UAE


  APAC

    China
    India
    Japan


  South America

    Brazil


  Rest of World (ROW)

By Material Insights

The Metals and chemicals segment is estimated to witness significant growth during the forecast period. The market is driven by various entities and trends. The metals and chemicals segment, a significant component, focuses on recovering valuable metals like gold, silver, and copper, as well as safely disposing of hazardous materials. This segment's dominance is due to the economic incentive of extracting and reusing precious metals, essential for electronic manufacturing given the limited natural resources. Regulations mandate proper disposal and recycling of toxic substances to mitigate environmental and health risks. IoT technology integration in recycling processes enhances efficiency and accuracy, while AI and big data analytics facilitate material identification and sorting. Producer responsibility schemes promote take-back programs, ensuring compliance with waste management regulations.

Sustainable practices, such as plastics recycling and circular economy principles, reduce the carbon footprint and promote resource recovery. Recycling technologies, including sorting and shredding, treatment, and processing equipment, enable the recovery of various components, such as CRT glass, batteries, and precious metals. Quality control measures, including manual sorting and automated sorting, ensure the highest standards. Reverse logistics and material flow analysis optimize the supply chain, ensuring efficient e-waste collection and transportation. Data sanitization and security are crucial in th

The global waste recycling services market has a stable growth trajectory, which will be represented by a growth from the present USD 67.8 billion in the year 2025 to the latter's prediction bust, USD 129.7 billion by 2035, at a compound annual growth rate (CAGR) of 6.4%.

Metric	Value
Industry Size (2025E)	USD 67.8 Billion
Industry Value (2035F)	USD 129.7 Billion
CAGR (2025 to 2035)	6.4%

Country-wise Analysis

Countries	CAGR (2025 to 2035)
USA	5.6%
UK	4.8%
France	4.5%
Germany	5.0%
Italy	4.2%
South Korea	5.8%
Japan	4.6%
China	6.4%
Australia	4.9%
New Zealand	4.4%

Competitive Outlook

Company Name	Estimated Market Share (%)
Waste Management, Inc.	15-19%
Veolia Environnement	12-16%
Suez Environnement	10-14%
Republic Services, Inc.	8-12%
Remondis	5-9%
Other Companies Combined	30-40%

In 2021, the global plastic recycling was estimated at roughly ** billion U.S. dollars. This market was forecast to grow at a compound annual growth rate (CAGR) of ***** percent between 2022 and 2031, to reach some ** billion dollars in the latter year. The global plastic waste industry has faced some challenges in recent years. New environmental regulations in China — once the main importer of plastic waste from around the world — resulted in a decline in the country's plastic imports from rich nations.

Recycling facilities continue to benefit from stabilization of macroeconomic conditions and higher commodity prices, which have resulted in higher demand for processed products such as plastic bottles and paper towels. Greater consumer activity and the return-to-office trend continued boosting commercial activity and generated larger quantities of waste that required input from recycling facilities. Online purchases require more cardboard to deliver, leading to a surge in waste generation for the industry's largest recyclable. Although higher commodity costs amid an inflationary spike, which peaked at 9.1% in 2022, created sharper price fluctuations for paper and plastic products, it also generated larger return rates for recycling facilities involved with recyclable goods sales directly to manufacturers. Revenue grew at a CAGR of 1.3% to an estimated $9.0 billion through the end of 2025, including an anticipated 0.5% boost in 2025 alone. Within a long-term paradigm, recycling facility output is growing alongside consumer spending and the packaging that it produces. Consumer spending drives demand for recycling services, as it generates wider economic activity that results in waste products such as plastic bottles and paperboard packages being used. Surging corporate profit is expanding demand for recycling and collection since strong business activity creates more waste and enables companies to invest in higher-priced, sustainable materials sold by recycling facilities. Despite education initiatives, many consumers are still sending nonrecyclable materials to recycling facilities, leading to growing wage expenditures as recycling companies are forced to sort through larger mixed waste quantities. These costs haven't been easily passed downstream, causing profit to tumble. Moving forward, recycling facilities will continue to benefit from steady demand and favorable regulatory trends at the state level. Acceleration in E-commerce sales, consumer spending and industrial production will maintain waste generation and a diversified demand stream for recycling facilities. The price of paper, which makes up over two-thirds of all recycled materials, is set to rise 1.2% over the next five years, boosting recycled paper demand as it becomes more price-competitive with external competitors. Statewide initiatives to adopt Extended Producer Responsibility (EPR) will continue generating larger statewide demand for recycling facilities and a higher recycling rate, particularly as 11 new states already implemented legislation to adopt EPR in 2024. Mounting concerns regarding pollution and sustainability will keep pressure on companies to use recycled materials, with recycling facilities' revenue expected to grow at a CAGR of 1.2% to an estimated $9.6 billion over the next five years.

The size of the Engineering Plastic Recycling Industry was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 7.03% during the forecast period. Recent developments include: October 2022: Indorama Venturas announced the opening of a PET Value bottle-to-bottle recycling plant in the Philippines in partnership with Coca-Cola Beverages Philippines., February 2022: Indorama Venturas announced the acquisition of UCY Polymers CZ s.r.o. (UCY) which is a Czech Republic-based PET plastic recycler. This led to recycling about 1.12 billion additional post-consumer PET (polyethylene terephthalate) plastic bottles in the Czech Republic every year by 2025.. Key drivers for this market are: Growing Emphasis on Sustainability among Consumer and Packaging Products, Increasing Use of Recycled Polyester; Other Drivers. Potential restraints include: Difficulty in Collecting and Sorting Mixed Plastic, Other Restraints. Notable trends are: Packaging Industry to Dominate the Market.

The textile recycling market is projected to witness a stable growth from 2025 to 2035 due to increasing awareness about the environment, stringent waste management regulations, and rising demand for sustainable fashion. The industry is estimated to grow at about 3.2% CAGR during the forecast period to reach approximately USD 5.1 billion by 2025, supported by the increasing adoption of environmentally sustainable practices to reach USD 7.0 billion by 2035.

Metric	Value
Market Size (2025E)	USD 5.1 billion
Market Value (2035F)	USD 7.0 billion
CAGR (2025 to 2035)	3.2%

The Battery Recycling industry has experienced notable growth driven by regulatory support, economic expansion and technological advancements. With an array of state and municipal regulations mandating and encouraging the recycling of battery waste, demand for these services has increased significantly. Extended Producer Responsibility (EPR) laws and prohibitively high landfill tipping fees have particularly incentivized manufacturers and retailers to opt for recycling over traditional disposal methods.The post-pandemic recovery saw a surge in revenue for battery recyclers, coinciding with greater consumer spending and industrial activity. Metal prices climbed sharply, as demand for metals outpaced supply, with manufacturers struggling to keep up, allowing battery recyclers to capitalize on surcharges and achieve a revenue windfall. Even as the interest rate hikes tempered economic momentum, with the industrial production that drives a large portion of the spending for battery recycling services slowing, the industry continued to expand. In particular, recyclers benefited from the Biden administration's expanded battery recycling incentives through the Inflation Reduction Act (IRA) and the Bipartisan Infrastructure Law, which awarded billions of dollars across the battery supply chain and accelerated the adoption of electric vehicles. As a result, revenue for battery recyclers has shot up at a CAGR of 11.5% during the current period, reaching $1.5 billion in 2025.However, the Trump administration has injected uncertainty into the future of battery recycling, slowing or canceling billions in planned clean energy investments, which will decelerate revenue growth to 1.9% in 2025. The federal government ended its tax credits for purchasing EVs, which will ultimately mean fewer batteries reaching retirement. Despite this, lithium-ion battery processing will continue to expand as the EV market grows, albeit at a slower rate. Moreover, battery recyclers will seek to capitalize on the federal push to expand critical mineral extraction, which is expected to sustain some of the initiatives outlined in the IRA. On top of this, advancements in recycling technologies, such as automated disassembly and hydrometallurgical processes, will enhance the efficiency and cost-effectiveness of the recycling process. Overall, revenue for battery recycling companies will rise at a CAGR of 2.8% through 2030, reaching $1.7 billion.

The advanced recycling technologies market size is projected to grow from USD 2.31 billion in 2024 to USD 46.63 billion by 2035, representing a CAGR of 31.40%, during the forecast period till 2035.

The global Textile Recycling Market size is predicted to reach USD 6.25 billion by 2034, up from USD 4.39 billion in 2024, reflecting a CAGR of over 3.6% during the forecast period from 2025 to 2034. Major industry players include I:CO , Patagonia, Unifi, Renewcell, Worn Again Technologies, Pure Waste, Evrnu, Infinited Fiber Company, Carbios, Lenzing.

The Electronic Goods Recycling industry has performed well, with increased direct and indirect subsidization driving growth. Electronics recyclers earn most of their revenue from direct or indirect government subsidization. Over the past decade, both the average number of electronics owned by each consumer and the rate at which electronics are replaced have grown significantly. Purchases of recycled commodities remained strong even during recent turbulence, with the doubling of aluminum and copper prices driving downstream customers to less expensive, recycled metals. Consequently, industry revenue is forecast to increase at a CAGR of 8.0% to total $28.1 billion over the five years to 2024, including growth of 6.2% in 2024 alone. The harmful effects of improperly discarded electronics on the environment and human health have driven public calls to develop electronics recycling infrastructure. While no comprehensive federal law exists to address the issue of e-waste, many municipalities and states have implemented legislation to tackle the problem. With existing laws becoming more stringent, electronic goods recyclers have flourished. Larger electronic goods recyclershave slowly captured a larger revenue share, leveraging scale to expand operations by leveraging productive but costly technology. Likewise, they have relied on their size to secure favorable supply contracts for inputs, the industry's primary expense. This has allowed them to become ever more profitable, widening profit margins across the industry. Electronics recycling will continue growing as rising public concern over e-waste waste leads to greater government regulation. Additionally, while recyclers earn most of their revenue from providing electronics recycling services, a smaller portion of industry revenue is generated by selling various precious metals extracted from the electronics recycling process. With the prices of many of these materials expected to rise in the years to come, industry revenue will rise as customers opt for less expensive recycled metals over virgin alloys. As a result, industry revenue is forecast to grow at a CAGR of 4.5% to $35.1 billion over the five years to 2029.

Over the past five years, the US tire and rubber recycling industry has experienced steady but subdued growth, driven by public infrastructure investment, stricter disposal regulations and a shift toward sustainable procurement. Expanded funding from federal and state Department of Transportation programs spurred a notable rise in rubberized asphalt projects and the use of recycled rubber in playgrounds, construction and molded goods, driving a 17% increase in demand for crumb rubber since 2021. Higher utilization rates, combined with innovations in processing efficiency and compliance tracking, enabled the industry to handle nearly 79% of annual end-of-life tire generation by 2023. Revenue has been expanding at a CAGR of 1.9% over the past five years and is expected to reach $5.6 billion in 2024, when revenue will rise by an estimated 1.5%. A key industry trend has been the shifting mix from tire-derived fuel (TDF) toward higher-value material outlets, such as ground rubber for asphalt and molded goods, as well as recovered carbon black (rCB) via pyrolysis. While TDF remains a large outlet, processors are prioritizing crumb rubber and advanced recovery to reduce exposure to energy price swings and compliance scrutiny. This transition, however, comes with pressure on profitability, as compliance costs rise to meet increasingly stringent quality, traceability and environmental standards. The industry’s profit margin has declined notably, impacted by higher labor, energy and compliance expenditures, as well as increased investment needed for advanced processing and quality control. Profit as a share of revenue slid from 7.3% in 2020 to 4.5% in 2025 and will likely hold at that level in the coming years. Looking forward, electrification trends, regulatory momentum and infrastructure investment will sustain demand for tire and rubber recycling, though growth will moderate as markets mature and single-digit gains become the norm. The adoption of low-carbon paving products, greater use of recycled compounds in tire manufacturing and the broader deployment of recovered carbon black are set to drive incremental value, as is the continued diversion of end-of-life tires from landfills. Over the next five years, revenue is forecast to rise at a reduced CAGR of 0.7%, reaching $5.8 billion in 2030, as producers adapt to evolving product mix, rising quality expectations and shifting procurement dynamics that favor specification-driven contracts and steady offtake agreements.