세계의 첨단 재활용 시장 : 기술별, 원료별, 최종 제품별, 용도별 - 시장 규모, 산업 동향, 기회 분석, 예측(2026-2035년)

The advanced recycling market, often referred to as chemical recycling, is experiencing remarkable growth and transformation. Valued at approximately US$ 2.8 billion in 2025, the market is projected to expand significantly, reaching an estimated valuation of US$ 10.2 billion by 2035. This growth corresponds to a robust compound annual growth rate (CAGR) of 13.9% over the forecast period from 2026 to 2035, highlighting the increasing importance and adoption of advanced recycling technologies worldwide. The rapid expansion is driven by multiple factors, including technological advancements, rising environmental awareness, and policy pressures aimed at reducing plastic waste and promoting circular economy practices.

One of the key trends shaping the market is the dominance of pyrolysis technology. Pyrolysis has emerged as a leading method within advanced recycling due to its ability to convert mixed and contaminated plastic waste into valuable feedstocks such as pyrolysis oil, which can be further refined and reused. Its versatility and scalability make it a preferred choice among manufacturers and investors seeking to build sustainable recycling solutions. Alongside pyrolysis, other chemical recycling processes like depolymerization are gaining traction, particularly for producing virgin-quality materials that can be reintegrated into closed-loop systems.

Noteworthy Market Developments

The competitive landscape in the advanced recycling market is marked by a dynamic mix of industry giants and agile startups, each playing crucial roles in driving innovation and scaling solutions for complex plastic waste streams. Established multinational corporations such as ExxonMobil and Dow are investing heavily in advanced recycling technologies, leveraging their vast resources and global reach to develop large-scale infrastructure and research initiatives.

Alongside these industry behemoths, nimble startups like Agilyx, Plastic Energy, Enerkem, and Loop are making significant strides by focusing on specialized technologies and innovative approaches. These companies frequently adopt advanced methods such as AI-powered sorting systems and chemical recycling processes, enabling them to efficiently handle complex, contaminated, or mixed plastic waste streams that traditional mechanical recycling struggles to process.

Recent developments underscore the momentum in this competitive environment. In December 2025, United Microelectronics Corp. (UMC) inaugurated a dedicated Circular Economy & Recycling Innovation Center within its Fab 12A campus located in the Southern Taiwan Science Park. This facility is designed to advance research and development focused on recycling innovations and circular economy principles, highlighting UMC's commitment to sustainability and technological progress in the sector.

Meanwhile, in August 2025, Mura Technology, recognized globally as a pioneer in next-generation advanced plastic recycling, announced plans to build a 50-kilotonnes-per-annum (kta) facility in Singapore. This ambitious project aims to significantly boost recycling capacity and demonstrate the commercial viability of Mura's proprietary technology on a large scale.

Core Growth Drivers

The trend toward increased use of engineered plastics containing post-consumer recycled content (PCR) is being driven largely by the implementation of stringent regulations worldwide aimed at reducing plastic waste. Governments across the globe are enacting policies that not only limit the volume of plastic waste generated but also mandate higher percentages of recycled content in new products. These regulations are particularly impactful because they extend to critical applications such as food contact materials and medical products, areas where safety and quality standards are exceptionally high. As a result, manufacturers are compelled to innovate and adopt advanced recycling technologies that can produce PCR materials meeting strict regulatory and performance requirements.

Emerging Opportunity Trends

Technological innovations in advanced recycling, particularly in processes like pyrolysis, cracking, and depolymerization, are progressing rapidly and becoming increasingly efficient. These advancements are crucial in enhancing the overall processing capabilities of recycling facilities, enabling them to handle larger volumes of plastic waste with improved precision and reduced energy consumption. As these technologies mature, they offer promising opportunities for scaling operations to meet growing demand, which is essential for addressing the vast quantities of plastic waste generated globally. Improved processing efficiency not only increases throughput but also contributes to lowering production costs, making advanced recycling more economically viable and attractive for investors and manufacturers.

Barriers to Optimization

The advanced recycling market faces significant challenges stemming from high capital and operational costs, which could potentially hamper its growth trajectory. Establishing advanced recycling facilities, such as those utilizing pyrolysis or chemical recycling technologies, demands substantial upfront investment in specialized equipment, infrastructure, and technology development. These costs are often much higher than those associated with traditional mechanical recycling or conventional plastic production, creating financial barriers for new entrants and limiting the pace at which existing players can scale their operations.

Detailed Market Segmentation

Based on technology, Pyrolysis remains the dominant technology in the advanced recycling market, capturing over 41% of the market share in 2025. This commanding position underscores pyrolysis's critical role in transforming plastic waste into valuable products such as pyrolysis oil, fuels, and feedstocks. The technology's ability to handle mixed and contaminated plastic streams that are difficult to recycle mechanically makes it highly versatile and attractive to industry players. Pyrolysis breaks down complex polymers into simpler hydrocarbons through thermal decomposition in an oxygen-free environment, producing outputs that can be directly used as fuel or further refined into chemicals, thereby closing the loop in plastic recycling.

Based on feedstock, Polyethylene (PE) is poised to experience the fastest growth within the advanced recycling market, with a projected compound annual growth rate (CAGR) of 18.89% in the coming years. This rapid expansion reflects polyethylene's widespread use across a variety of industries, making it a critical target for advanced recycling technologies. As one of the most commonly produced and consumed plastics globally, polyethylene is found in countless applications, from packaging films and containers to household goods and agricultural products. Its ubiquity in the waste stream presents both a challenge and an opportunity for recyclers aiming to capture value from plastic waste and reduce environmental impact.

By End-Product, Recycled feedstock oils and fuels, particularly pyrolysis oil, hold the largest share in the advanced recycling market, accounting for approximately 32.5% of the total market. Pyrolysis oil serves as the industry's primary currency due to its versatility and ability to replace conventional petroleum-based feedstocks. Produced through the thermal decomposition of plastic waste in an oxygen-free environment, pyrolysis oil closely mimics the properties of synthetic crude oil, making it suitable for refinery processing and chemical production. This quality allows it to be integrated seamlessly into existing petrochemical supply chains, supporting the circular economy by converting end-of-life plastics into valuable raw materials.

• Based on application/end-use industry, the consumer goods and electronics sector holds a dominant position in the advanced recycling market, commanding over 38% of the total market share. This substantial share reflects the critical role that recycled materials play in the production of a wide array of electronic devices and consumer products, where quality and appearance are paramount. As manufacturers strive to meet both sustainability goals and the demanding aesthetic standards of high-end electronics, they are increasingly shifting their focus toward advanced recycling technologies that can provide superior material quality.

Segment Breakdown

By Technology

• Thermal pyrolysis (plastic-to-oil)
• Catalytic pyrolysis
• Depolymerization (including glycolysis, methanolysis)
• PET depolymerization to monomers
• Polyurethane/nylon depolymerization
• Enzymatic/biochemical recycling
• Gasification
• Pyrolysis
• Syngas production for chemicals/fuels
• High-temp gasification of mixed feedstock
• Solvolysis / chemical solvolysis
• Solvent-based recycling of polymers
• Hydrothermal liquefaction (HTL)
• Wet waste/biomass co-processing
• Enzyme-assisted depolymerisation pilots
• Others

By Feedstock

• Mixed plastic waste (unsorted municipal plastic)
• Polyethylene (PE)
• Polypropylene (PP)
• Polyethylene terephthalate (PET)
• Multi-layer films & flexible packaging
• Styrenics, ABS & other engineering plastics

By Application

• Packaging (rigid & flexible)
• Automotive & transportation
• Consumer goods & electronics
• Building & construction materials
• Textiles & fibers
• Industrial & oilfield applications

By End-Product

• Recycled feedstock oils & fuels (pyrolysis oil)
• Recovered monomers / chemical intermediates
• rPET / recycled resin pellets
• Performance/engineering polymers
• Waxes & specialty chemicals
• Energy/cogeneration outputs
• Others

By Region

• North America
• The US
• Canada
• Mexico
• Europe
• Western Europe
• The UK
• Germany
• France
• Italy
• Spain
• Rest of Western Europe
• Eastern Europe
• Poland
• Russia
• Rest of Eastern Europe
• Asia Pacific
• China
• India
• Japan
• Australia and New Zealand
• South Korea
• ASEAN
• Rest of Asia Pacific
• Middle East and Africa
• Saudi Arabia
• South Africa
• UAE
• Rest of MEA
• South America
• Argentina
• Brazil
• Rest of South America

Geography Breakdown

• North America currently holds a dominant position in the advanced recycling market, controlling approximately 34.33% of the global share. This leadership is largely driven by aggressive industrial scaling efforts concentrated along the U.S. Gulf Coast, where significant infrastructure investments are underway. Unlike regions that rely primarily on voluntary corporate commitments to increase recycled content, North America has shifted toward implementing massive, large-scale infrastructure projects that aim to build capacity and improve the efficiency of advanced recycling processes.
• Policy frameworks in the region also play a critical role as catalysts for market growth. Increasingly stringent regulations, mandates requiring recycled content in products and packaging, and landfill bans are creating a more favorable environment for advanced recycling technologies. These policies encourage manufacturers and brands to prioritize the use of post-consumer recycled materials, thereby driving demand for recycled plastics and incentivizing investment in recycling infrastructure.
• Furthermore, the Gulf Coast's concentration of petrochemical and plastics resin manufacturing facilities provides a unique advantage. This geographic clustering facilitates the integration of advanced recycling outputs into existing supply chains, enabling recycled materials to be efficiently converted back into feedstocks for new plastic production.

Leading Market Participants

• Agilyx
• BASF
• BlueAlp Innovations
• Brightmark
• Carbios
• Enerkem
• ExxonMobil Chemical
• Gr3n Recycling
• GreenMantra Technologies
• Ioniqa Technologies
• Loop Industries
• LyondellBasell
• Mura Technology
• Plastic Energy
• Polystyvert
• Pyrowave
• Quantafuel
• Recycling Technologies
• Renewlogy
• Shell
• Other Prominent Players

Table of Content

Chapter 1. Executive Summary: Global Advanced Recycling Market

Chapter 2. Research Methodology & Research Framework

• 2.1. Research Objective
• 2.2. Product Overview
• 2.3. Market Segmentation
• 2.4. Qualitative Research
  • 2.4.1. Primary & Secondary Sources
• 2.5. Quantitative Research
  • 2.5.1. Primary & Secondary Sources
• 2.6. Breakdown of Primary Research Respondents, By Region
• 2.7. Assumption for Study
• 2.8. Market Size Estimation
• 2.9. Data Triangulation

Chapter 3. Global Advanced Recycling Market Overview

• 3.1. Industry Value Chain Analysis
  • 3.1.1. Material Provider
  • 3.1.2. Manufacturer
  • 3.1.3. Distributor
  • 3.1.4. End User
• 3.2. Industry Outlook
• 3.3. PESTLE Analysis
• 3.4. Porter's Five Forces Analysis
  • 3.4.1. Bargaining Power of Suppliers
  • 3.4.2. Bargaining Power of Buyers
  • 3.4.3. Threat of Substitutes
  • 3.4.4. Threat of New Entrants
  • 3.4.5. Degree of Competition
• 3.5. Market Growth and Outlook
  • 3.5.1. Market Revenue Estimates and Forecast (US$ Mn), 2020-2035
  • 3.5.2. Price Trend Analysis
• 3.6. Market Attractiveness Analysis
  • 3.6.1. By Segment/Region
  • 3.6.2. Actionable Insights (Analyst's Recommendations)

Chapter 4. Competition Dashboard

• 4.1. Market Concentration Rate
• 4.2. Company Market Share Analysis (Value %), 2025
• 4.3. Competitor Mapping & Benchmarking

Chapter 5. Global Advanced Recycling Market Analysis

• 5.1. Market Dynamics and Trends
  • 5.1.1. Growth Drivers
  • 5.1.2. Restraints
  • 5.1.3. Opportunity
  • 5.1.4. Key Trends
• 5.2. Market Size and Forecast, 2020-2035 (US$ Mn)
  • 5.2.1. By Technology
    • 5.2.1.1. Key Insights
      • 5.2.1.1.1. Thermal pyrolysis (plastic-to-oil)
      • 5.2.1.1.2. Catalytic pyrolysis
      • 5.2.1.1.3. Depolymerization (including glycolysis, methanolysis)
      • 5.2.1.1.4. PET depolymerization to monomers
      • 5.2.1.1.5. Polyurethane/nylon depolymerization
      • 5.2.1.1.6. Enzymatic / biochemical recycling
      • 5.2.1.1.7. Gasification
      • 5.2.1.1.8. Pyrolysis
      • 5.2.1.1.9. Syngas production for chemicals/fuels
      • 5.2.1.1.10. High-temp gasification of mixed feedstock
      • 5.2.1.1.11. Solvolysis / chemical solvolysis
      • 5.2.1.1.12. Solvent-based recycling of polymers
      • 5.2.1.1.13. Hydrothermal liquefaction (HTL)
      • 5.2.1.1.14. Wet waste/biomass co-processing
      • 5.2.1.1.15. Enzyme-assisted depolymerisation pilots
      • 5.2.1.1.16. Others
  • 5.2.2. By Feedstock
    • 5.2.2.1. Key Insights
      • 5.2.2.1.1. Mixed plastic waste (unsorted municipal plastic)
      • 5.2.2.1.2. Polyethylene (PE)
      • 5.2.2.1.3. Polypropylene (PP)
      • 5.2.2.1.4. Polyethylene terephthalate (PET)
      • 5.2.2.1.5. Multi-layer films & flexible packaging
      • 5.2.2.1.6. Styrenics, ABS & other engineering plastics
  • 5.2.3. By Application
    • 5.2.3.1. Key Insights
      • 5.2.3.1.1. Mixed plastic waste (unsorted municipal plastic)
      • 5.2.3.1.2. Polyethylene (PE)
      • 5.2.3.1.3. Polypropylene (PP)
      • 5.2.3.1.4. Polyethylene terephthalate (PET)
      • 5.2.3.1.5. Multi-layer films & flexible packaging
      • 5.2.3.1.6. Styrenics, ABS & other engineering plastics
  • 5.2.4. By End-Product
    • 5.2.4.1. Key Insights
      • 5.2.4.1.1. Mixed plastic waste (unsorted municipal plastic)
      • 5.2.4.1.2. Polyethylene (PE)
      • 5.2.4.1.3. Polypropylene (PP)
      • 5.2.4.1.4. Polyethylene terephthalate (PET)
      • 5.2.4.1.5. Multi-layer films & flexible packaging
      • 5.2.4.1.6. Styrenics, ABS & other engineering plastics
  • 5.2.5. By Region
    • 5.2.5.1. Key Insights
      • 5.2.5.1.1. North America
        • 5.2.5.1.1.1. The U.S.
        • 5.2.5.1.1.2. Canada
        • 5.2.5.1.1.3. Mexico
      • 5.2.5.1.2. Europe
        • 5.2.5.1.2.1. Western Europe
• 5.2.5.1.2.1.1. The UK
• 5.2.5.1.2.1.2. Germany
• 5.2.5.1.2.1.3. France
• 5.2.5.1.2.1.4. Italy
• 5.2.5.1.2.1.5. Spain
• 5.2.5.1.2.1.6. Rest of Western Europe
  • 5.2.5.1.2.2. Eastern Europe
• 5.2.5.1.2.2.1. Poland
• 5.2.5.1.2.2.2. Russia
• 5.2.5.1.2.2.3. Rest of Eastern Europe
  • 5.2.5.1.3. Asia Pacific
    • 5.2.5.1.3.1. China
    • 5.2.5.1.3.2. India
    • 5.2.5.1.3.3. Japan
    • 5.2.5.1.3.4. South Korea
    • 5.2.5.1.3.5. Australia & New Zealand
    • 5.2.5.1.3.6. ASEAN
    • 5.2.5.1.3.7. Rest of Asia Pacific
  • 5.2.5.1.4. Middle East & Africa
    • 5.2.5.1.4.1. UAE
    • 5.2.5.1.4.2. Saudi Arabia
    • 5.2.5.1.4.3. South Africa
    • 5.2.5.1.4.4. Rest of MEA
  • 5.2.5.1.5. South America
    • 5.2.5.1.5.1. Argentina
    • 5.2.5.1.5.2. Brazil
    • 5.2.5.1.5.3. Rest of South America

Chapter 6. North America Advanced Recycling Market Analysis

• 6.1. Key Insights
• 6.2. Market Size and Forecast, 2020-2035 (US$ Mn)
  • 6.2.1. By Technology
  • 6.2.2. By Feedstock
  • 6.2.3. By Application
  • 6.2.4. By End-Product
  • 6.2.5. By Country

Chapter 7. Europe Advanced Recycling Market Analysis

• 7.1. Key Insights
• 7.2. Market Size and Forecast, 2020-2035 (US$ Mn)
  • 7.2.1. By Technology
  • 7.2.2. By Feedstock
  • 7.2.3. By Application
  • 7.2.4. By End-Product
  • 7.2.5. By Country

Chapter 8. Asia Pacific Advanced Recycling Market Analysis

• 8.1. Key Insights
• 8.2. Market Size and Forecast, 2020-2035 (US$ Mn)
  • 8.2.1. By Technology
  • 8.2.2. By Feedstock
  • 8.2.3. By Application
  • 8.2.4. By End-Product
  • 8.2.5. By Country

Chapter 9. Middle East & Africa Advanced Recycling Market Analysis

• 9.1. Key Insights
• 9.2. Market Size and Forecast, 2020-2035 (US$ Mn)
  • 9.2.1. By Technology
  • 9.2.2. By Feedstock
  • 9.2.3. By Application
  • 9.2.4. By End-Product
  • 9.2.5. By Country

Chapter 10. South America Advanced Recycling Market Analysis

• 10.1. Key Insights
• 10.2. Market Size and Forecast, 2020-2035 (US$ Mn)
  • 10.2.1. By Technology
  • 10.2.2. By Feedstock
  • 10.2.3. By Application
  • 10.2.4. By End-Product
  • 10.2.5. By Country

Chapter 11. Company Profile (Company Overview, Financial Matrix, Key Product landscape, Key Personnel, Key Competitors, Contact Address, and Business Strategy Outlook)

• 11.1. Agilyx
• 11.2. BASF
• 11.3. BlueAlp Innovations
• 11.4. Brightmark
• 11.5. Carbios
• 11.6. Enerkem
• 11.7. ExxonMobil Chemical
• 11.8. Gr3n Recycling
• 11.9. GreenMantra Technologies
• 11.10. Ioniqa Technologies
• 11.11. Loop Industries
• 11.12. LyondellBasell
• 11.13. Mura Technology
• 11.14. Plastic Energy
• 11.15. Polystyvert
• 11.16. Pyrowave
• 11.17. Quantafuel
• 11.18. Recycling Technologies
• 11.19. Renewlogy
• 11.20. Shell
• 11.21. Other Prominent Players

Chapter 12. Annexure

• 12.1. List of Secondary Sources
• 12.2. Key Country Markets- Macro Economic Outlook/Indicators