Report ID : AMR1005021 | Industries : | Published On :January 2024 | Page Count : 211
Global Microplastic Recycling Market Size, Share & Trends Analysis Report, By Product (Primary, Secondary) By End Use (Packaging, Agriculture, Consumer goods, Textile, Automotive & Transportation, Building & Construction, Others) and By Region, And Segment Forecasts, Till – 2030.
Market Overview
According to Analytical Market Research, the global Microplastic Recycling market estimated at USD 260 million in 2022 and will expand at a compound annual growth rate (CAGR) of 6.19% from 2023 to 2030. Plastic particles smaller than five millimeters are known as Microplastics. They can also be produced by breaking down bigger plastic goods. They are found in a variety of products, such as food packaging, cleaning supplies, and cosmetics.
Microplastic Recycling Market Dynamics: Key Drivers & Restraints
Growing environmental concerns and government regulations
Due to growing consumer awareness, environmental concerns, government regulations, technology developments, and the growing use of microplastics in various sectors, the market is anticipated to increase in the upcoming years. It is anticipated that substantial research and development on microplastic recycling will take place in the United States, which will be a key market driver. Manufacturers are working on creating innovative systems and procedures for the economical and successful recycling of microplastics.
Lack of standardization
A structured and controlled recycling sector may be hampered by the lack of standard techniques for quantifying and classifying microplastics. For recycling initiatives to be successful, it is imperative to establish unambiguous standards for identification and classification.
How are Segments Performing in the Global Microplastic Recycling Market?
Microplastic Recycling Form Segment Breakdown
According to Analytical Market Research, the Microplastic Recycling market by Product is segmented into Primary, Secondary.
Microplastic Recycling End Use Segment Breakdown
According to Analytical Market Research, based on End Use, the market is bifurcated into Packaging, Agriculture, Consumer goods, Textile, Automotive & Transportation, Building & Construction, Others.
Microplastic Recycling Geographic Exploration
According to Analytical Market Research, the Europe region is predicted to dominate the market due to the European Union having implemented strict regulations on the use of single-use plastics and waste management. Other regions competing in the market are North America, Europe, Middle East and Africa and Latin America respectively.
Noticeable Players Functioning in The Global Microplastic Recycling Market Include:
• Matter
• Oceanworks
• Ocean Diagnostics
• ECOFARIO
• PlanetCare
• Polygonesystems
• Calyxia
• Ioniqa
• Purecycle technologies
• Carbios
KEY BREAKDOWN: Microplastic Recycling Market
By Product
• Primary
• Secondary
By End Use
• Packaging
• Agriculture
• Consumer goods
• Textile
• Automotive & Transportation
• Building & Construction
• Others
Geographical Exploration:
• North America
o The USA
o Canada
o Mexico
• Europe
o Germany
o France
o UK
o Italy
o Spain
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Southeast Asia
o Rest of Asia Pacific
• Latin America
o Brazil
o Argentina
o Rest of Latin America
• Middle East and Africa
o GCC Countries
o South Africa
o Rest of MEA
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1. Research Methodology
1.1. Global Microplastic Recycling Market Snapshot, 2023 and 2030
1.2. Data Mining
1.3. Validation
1.4. Primary Interviews
1.5. List of Data Sources
1.6. Future Market Projections
1.7. Industry Developments and Key Market Events
2. Executive Summary
3. Market Overview
3.1. Market Scope and Definition
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunity
3.2.4. Challenges
3.2.5. Cumulative Impact due to Recent Energy Crisis
3.2.6. Cumulative Impact due to Nearing Economic Downturn
3.2.7. Post Covid-19 World Supply & Demand Conditions
3.2.8. Cumulative Impact of Russia-Ukraine Conflict
3.2.9. Key Trends
3.3. Microplastic Recycling Market: Value Chain
3.3.1. List of Product Supplier
3.3.2. List of Manufacturers
3.3.3. List of Applications
3.4. Porter Five Force’s Analysis
3.5. Regulatory and Technology Landscape
4. Global Microplastic Recycling Market Outlook: Forecast (2023 – 2030)
4.1. Key Highlights
4.1.1. Market Size and Y-o-Y Growth
4.1.2. Absolute $ Opportunity
4.2. Market Size (US$ Mn) Analysis and Forecast
4.2.1. Current Market Size Forecast, 2023–2030
4.3. Global Microplastic Recycling Market Outlook: Product
4.3.1. Introduction / Key Findings
4.3.2. Market Size (US$ Mn) and Forecast Technology, 2023 – 2030
4.3.2.1. Primary
4.3.2.2. Secondary
4.4. Global Microplastic Recycling Market Outlook: Application
4.4.1. Introduction / Key Findings
4.4.2. Market Size (US$ Mn) and Forecast By Application, 2023 – 2030
4.4.2.1.1. Packaging
4.4.2.1.2. Agriculture
4.4.2.1.3. Consumer goods
4.4.2.1.4. Textile
4.4.2.1.5. Automotive & Transportation
4.4.2.1.6. Building & Construction
4.4.2.1.7. Others
5. Global Microplastic Recycling Market Outlook: Region
5.1. Key Highlights
5.2. Market Size (US$ Mn) and Forecast By Region, 2023 – 2030
5.2.1. North America
5.2.2. Europe
5.2.3. Asia Pacific
5.2.4. Latin America
5.2.5. Middle East & Africa (MEA)
6. North America Microplastic Recycling Market Outlook: Forecast (2023 – 2030)
6.1. Key Highlights
6.2. Pricing Analysis
6.3. Market Size (US$ Mn) and Analysis By Market, 2023 – 2022
6.3.1. By Country
6.3.2. By Product
6.3.3. By Application
6.4. Market Size (US$ Mn) and Forecast By Country, 2023 – 2030
6.4.1. U.S.
6.4.2. Canada
6.4.3. Mexico
6.5. Market Size (US$ Mn) and Forecast By Product, 2023 – 2030
6.5.1. Primary
6.5.2. Secondary
6.6. Market Size (US$ Mn) and Forecast By End Use, 2023 – 2030
6.6.1. Chemical Manufacturing
6.6.2. Plastics
6.6.3. Automotive
6.6.4. Construction
6.6.5. Other End-uses
7. Europe Microplastic Recycling Market Outlook: Forecast (2023 – 2030)
7.1. Key Highlights
7.2. Pricing Analysis
7.3. Market Size (US$ Mn) and Analysis By Market, 2023 – 2030
7.3.1. By Country
7.3.2. By Product
7.3.3. By Application
7.4. Market Size (US$ Mn) and Forecast By Country, 2023 – 2030
7.4.1. Germany
7.4.2. France
7.4.3. U.K.
7.4.4. Russia
7.4.5. Italy
7.4.6. Spain
7.4.7. Rest of Europe
7.5. Market Size (US$ Mn) and Forecast By Product, 2023 – 2030
7.5.1. Primary
7.5.2. Secondary
7.6. Market Size (US$ Mn) and Forecast By End Use, 2023 – 2030
7.6.1. Packaging
7.6.2. Agriculture
7.6.3. Consumer goods
7.6.4. Textile
7.6.5. Automotive & Transportation
7.6.6. Building & Construction
7.6.7. Others
8. Other Applications Asia Pacific Microplastic Recycling Market Outlook: Forecast (2023 – 2030)
8.1. Key Highlights
8.2. Pricing Analysis
8.3. Market Size (US$ Mn) and Analysis By Market, 2023 – 2030
8.3.1. By Country
8.3.2. By Product
8.3.3. By Application
8.4. Market Size (US$ Mn) and Forecast By Country, 2023 – 2030
8.4.1. China
8.4.2. Japan
8.4.3. India
8.4.4. South Korea
8.4.5. Australia
8.4.6. New Zealand
8.4.7. Singapore
8.4.8. Malaysia
8.4.9. Rest of Asia
8.5. Market Size (US$ Mn) and Forecast By Product, 2023 – 2030
8.5.1. Primary
8.5.2. Secondary
8.6. Market Size (US$ Mn) and Forecast By End Use, 2023 – 2030
8.6.1. Packaging
8.6.2. Agriculture
8.6.3. Consumer goods
8.6.4. Textile
8.6.5. Automotive & Transportation
8.6.6. Building & Construction
8.6.7. Others
9. Other Applications Latin America Microplastic Recycling Market Outlook: Forecast (2023 – 2030)
9.1. Key Highlights
9.2. Pricing Analysis
9.3. Market Size (US$ Mn) and Analysis By Market, 2023 – 2030
9.3.1. By Country
9.3.2. By Product
9.3.3. By Application
9.4. Market Size (US$ Mn) and Forecast By Country, 2023 – 2030
9.4.1. Brazil
9.4.2. Argentina
9.4.3. Colombia
9.4.4. Peru
9.4.5. Chile
9.4.6. Venezuela
9.4.7. Rest of Latin America
9.5. Market Size (US$ Mn) and Forecast By Product, 2023 – 2030
9.5.1. Primary
9.5.2. Secondary
9.6. Market Size (US$ Mn) and Forecast By End Use, 2023 – 2030
9.6.1. Packaging
9.6.2. Agriculture
9.6.3. Consumer goods
9.6.4. Textile
9.6.5. Automotive & Transportation
9.6.6. Building & Construction
9.6.7. Others
10. Middle East & Africa Microplastic Recycling Market Outlook: Forecast (2023 – 2030)
10.1. Key Highlights
10.2. Pricing Analysis
10.3. Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2023 – 2030
10.3.1. By Country
10.3.2. By Product
10.3.3. By Application
10.4. Market Size (US$ Mn) and Forecast By Country, 2023 – 2030
10.4.1. Saudi Arabia
10.4.2. UAE
10.4.3. Egypt
10.4.4. Kuwait
10.4.5. South Africa
10.4.6. Rest of Middle East & Africa
10.5. Market Size (US$ Mn) and Forecast By Form, 2023 – 2030
10.5.1. Primary
10.5.2. Secondary
10.6. Market Size (US$ Mn) and Forecast By End Use, 2023 – 2030
10.6.1. Packaging
10.6.2. Agriculture
10.6.3. Consumer goods
10.6.4. Textile
10.6.5. Automotive & Transportation
10.6.6. Building & Construction
10.6.7. Others
11. Competition Analysis
11.1. Market Share Analysis Of Top Vendors
11.2. Market Structure
11.2.1. Competition Intensity Mapping By Market
11.2.2. Competition Dashboard
11.2.3. Key Development Strategies
11.3. Company Profiles
11.3.1. Matter
11.3.1.1. Overview
11.3.1.2. Offerings
11.3.1.3. Business Segment & Geographic Overview
11.3.1.4. Key Financials
11.3.1.5. Key Market Developments
11.3.1.6. Key Market Strategy
11.3.2. Oceanworks
11.3.3. Ocean Diagnostics
11.3.4. ECOFARIO
11.3.5. PlanetCare
11.3.6. Polygonesystems
11.3.7. Calyxia
11.3.8. Ioniqa
11.3.9. Purecycle technologies
11.3.10. Carbios
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