Europe Recycled Plastics Market Overview
Market Size in 2024: 13.3 Million Tons
Market Forecast in 2033: 19.6 Million Tons
Market Growth Rate: 4.42% (2025-2033)
According to the latest report by IMARC Group, the Europe recycled plastics market size was valued at 13.3 Million Tons in 2024. Looking forward, IMARC Group estimates the market to reach 19.6 Million Tons by 2033, exhibiting a CAGR of 4.42% from 2025-2033.
Europe Recycled Plastics Industry Trends and Drivers:
Driven by growing focus on environmental sustainability and circular economy principles, the market for recycled plastic in Europe is experiencing strong growth. Recycled plastics are becoming generally accepted across many sectors as companies strive to lower their carbon footprints and cut plastic trash. Advanced recycling techniques are improving the quality and efficiency of recycled polymers, therefore allowing producers to create materials that closely resemble virgin plastics in performance. This technical development is helping recycled plastics to be more widely used in packaging, vehicle parts, building materials, and consumer products. Companies are starting to include recycled materials in their goods as consumers get increasingly aware of plastic trash, therefore matching eco-conscious purchasing patterns. Government policies and laws requiring extended producer responsibility (EPR) programs are helping to drive businesses to accept responsibility for the whole life cycle of plastic items. These legal systems encourage a cooperative environment among manufacturers, recyclers, and legislators hence hastening market absorption. Rising expenditures in recycling infrastructure and innovation hubs are also helping to create large-scale solutions for plastic garbage management. Together, these forces are creating a conducive environment for the Europe recycled plastics sector and so assisting sustainable growth paths throughout the projected period.
By increasing supply chain resilience and end-use flexibility, source diversification and application expansion are greatly affecting the market scene of recycled plastics in Europe. Post-consumer and post-industrial plastics are becoming increasingly important feedstocks for recycling facilities, hence guaranteeing a consistent supply of recyclable products and lowering dependence on virgin plastic manufacturing. Combining sorting and purification technologies is increasing the separation accuracy of plastic waste, hence facilitating the recovery of premium recycled resins. Rising usage of recycled plastics in applications across packaging, construction, car, and electrical industries is helping to satisfy cost-efficiency objectives and environmental standards. Driven by demand for environmentally friendly packing options satisfying strict European Union regulations on plastic trash reduction, packaging is still the biggest consumer group. To improve sustainability without sacrificing safety or performance, the automotive industry is progressively using recycled polymers in interior and exterior elements. Meanwhile, because of their durability and environmental friendliness, the construction sector is using recycled plastics for insulating, pipe, and paneling. The market range is further widened by growth into developing uses including textiles and consumer electronics. Due of their recyclability and demand, polyethylene terephthalate (PET), high-density polyethylene (HDPE), and polypropylene (PP), which are the most recycled materials, are among these varied application channels encouraging innovation in plastic materials. The resilience and flexibility of the European recycled plastics market are being supported by this complex development.
Driven by brisk industrial activity and progressive environmental policies, Germany is becoming the top power in the Europe recycled plastics market regionally. Sophisticated recycling infrastructure and thorough garbage management systems that enable high recycling rates and quality output are helping the nation to grow. Germany's leadership in sustainability projects including ambitious national goals for plastic recycling and circular economy approaches is fueling market expansion. Supported by government incentives and growing business involvement in EPR efforts, France and Italy are becoming important contributors. These countries are seeing a quick embrace of recycled plastics in the automotive and packaging industries supported by growing research and development efforts geared at improving recycling techniques and product innovation. Emphasizing green procurement strategies and consumer awareness initiatives that advocate the use of recycled materials, Nordic nations are also advancing consistently. Despite legal changes following Brexit, the United Kingdom is still advancing sustainable-driven initiatives and circular economy initiatives. Together, these regional dynamics draw attention to a collaborative and competitive environment that will let the Europe recycled plastics market develop with customized approaches reflecting local legal conditions and consumer choices till 2033.
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Europe Recycled Plastics Industry Segmentation:
The report has segmented the market into the following categories:
Analysis by Source:
- Plastic Bottles
- Plastic Films
- Rigid Plastics and Foams
- Fibres
- Others
Analysis by Application:
- Packaging
- Electrical and Electronic
- Automotive
- Agriculture
- Construction and Demolition
- Household (Non-Packaging Use)
- Others
Analysis by Plastic Type:
- Polyethylene Terephthalate (PET)
- High Density Polyethylene (HDPE)
- Polypropylene (PP)
- Low Density Polyethylene (LDPE)
- Others
Analysis by Country:
- Germany
- UK
- Italy
- France
- Spain
- Others
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
- Müller-Guttenbrunn Group
- MBA Polymers, Inc.
- Paprec Group
- Morssinkhof Rymoplast
Latest News and Developments:
- April 2025: DePoly secured USD 23 Million in seed funding to launch a 500-ton-per-year PET recycling plant in Monthey, Switzerland. Using fossil-free chemical recycling, DePoly breaks down plastics into monomers. The funding supports its future expansion toward commercial-scale operations, advancing circular plastic recycling in Europe.
- March 2025: OMV inaugurated its new ReOil chemical recycling plant in Schwechat, Austria, with a capacity of 16,000 tons per year. The facility processes hard-to-recycle plastics into pyrolysis oil, later refined into monomers for new plastics, helping reduce fossil fuel use and advance circular plastic production in Europe.
- March 2025: Eni’s chemical division, Versalis, inaugurated a new recycled plastic production plant in Porto Marghera, Italy, using mechanically recycled materials for packaging and construction. This initiative is part of Eni’s EUR 2 billion strategy to revive its chemicals business by focusing on recycling, bio-refining, and energy storage while reducing basic chemical operations.
- February 2025: KINGFA inaugurated a chemical recycling facility in Montalbo, Spain, through its Environmental SCI & TECH subsidiary. The plant aims to process 30,000 tons of high-performance recycled plastics annually, strengthening Spain’s circular economy.
Key highlights of the Report:
- Market Performance (2019-2024)
- Market Outlook (2025-2033)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Strategic Recommendations
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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