용제형 플라스틱 재활용 시장 - 세계 시장 규모, 점유율, 동향 분석, 기회, 예측 보고서(2019-2029년)

Global Solvent-based Plastic Recycling Market Size Booming to Touch USD 996.64 Million by 2029.

The global solvent-based plastic recycling market is gaining traction because of the rapid adoption of advancements in recycling technologies and favorable regulatory frameworks and government policies.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the global solvent-based plastic Recycling market size at USD 634.68 million in 2022. During the forecast period between 2023 and 2029, the global solvent-based plastic recycling market size is projected to grow at a CAGR of 6.77% reaching a value of USD 996.64 million by 2029. The growing usage of plastic in many industries and an alarming increase in plastic waste volumes are key growth drivers for the global solvent-based plastic recycling market. The global solvent-based plastic recycling market is anticipated to see profitable expansion over the course of the forecast period as a result of strict government regulations for efficient plastic waste management in a number of countries.

Global Solvent-based Plastic Recycling Market - Overview:

Solvent-based plastic recycling involves the removal of contaminants from post-industrial and post-consumer plastic using a selective solvent dissolution process, resulting in the recovery of polymers of good quality for reuse. Through precipitation, the pure polymer can be extracted from the solution. Recycling solvents can reduce waste and lower disposal expenses. Three primary processes are involved in solvent recycling: a co-rotating twin-screw extruder with filtration and a melt pump, a specialized reactor (separation unit) tailored for the particular process, and a finishing extruder (single- or twin-screw) for degassing.

Global Solvent-based Plastic Recycling Market - By Application:

Based on application, the global solvent-based plastic recycling market is segmented into building and construction, packaging, electrical and electronics, textiles, automotive, and others. The packaging industry accounts for the largest market share, as around 40% of the plastic produced is used in the packaging industry. This percentage is incessantly growing due to the growing popularity of e-commerce platforms and food delivery. Furthermore, expanding import and export activities are also fueling the demand for single use plastic packaging globally, due to which the demand for solvent-based plastic recycling is anticipated to surge during the forecast period.

Impact of COVID-19 on Global Solvent-based Plastic Recycling Market:

The COVID-19 pandemic temporarily slowed the expansion of the global solvent-based plastic recycling market. According to OECD figures, the lockdown's influence on the economy and subsequent slowdown in economic activity caused a 2.2% drop in global plastic consumption from 2019 levels or a 4.5% drop from the pre-COVID prediction for 2020. This directly affected the global solvent-based plastic recycling market growth. But because of the rising volume of plastic consumption, particularly in the healthcare and packaging industries, which include the use of PPE equipment like surgical face masks, single-use medical instruments, and packaging, the market is expected to gain traction throughout the forecast period.

Competitive Landscape:

Major players operating in the global solvent-based plastic recycling market include: Solvay, Sulzer Ltd., Veolia, Trinseo, Procter & Gamble, APK AG, Fraunhofer, PolystyreneLoop, PureCycle Technologies Inc., Saperatec GmbH, Agilyx Corporation, LyondellBasell, Pyrowave, MBA Polymers, and GreenMantra.

To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and the Global Solvent-based Plastic Recycling Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the Global Solvent-based Plastic Recycling Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.

Table of Contents

1. Research Framework

• 1.1. Research Objective
• 1.2. Product Overview
• 1.3. Market Segmentation

2. Executive Summary

3. Global Solvent-based Plastic Recycling Market Insights

• 3.1. Industry Value Chain Analysis
• 3.2. DROC Analysis
  • 3.2.1. Growth Drivers
    • 3.2.1.1. Increasing Demand Of Recycled Plastic Products
    • 3.2.1.2. Rising Environmental Concerns
    • 3.2.1.3. Increasing Plastic Waste
  • 3.2.2. Restraints
    • 3.2.2.1. Higher Processing Cost Associated With Recycled Plastics
    • 3.2.2.2. Availability Of Alternative Options In The Market
  • 3.2.3. Opportunities
    • 3.2.3.1. Rising Advancements In Recycling Technologies
    • 3.2.3.2. Favorable Regulatory Frameworks And Government Policies
  • 3.2.4. Challenges
    • 3.2.4.1. Lack of Standardization
    • 3.2.4.2. Limited Collection Infrastructure
• 3.3. Technology Advancements/Recent Developments
• 3.4. Regulatory Framework
• 3.5. Porter's Five Forces Analysis
  • 3.5.1. Bargaining Power of Suppliers
  • 3.5.2. Bargaining Power of Buyers
  • 3.5.3. Threat of New Entrants
  • 3.5.4. Threat of Substitutes
  • 3.5.5. Intensity of Rivalry

4. Global Solvent-based Plastic Recycling Market Overview

• 4.1. Market Size & Forecast, by Value, 2019-2029
  • 4.1.1. By Value (USD Million)
• 4.2. Market Share & Forecast
  • 4.2.1. By Product
    • 4.2.1.1. Polyethylene
    • 4.2.1.2. Polyethylene Terephthalate
    • 4.2.1.3. Polypropylene
    • 4.2.1.4. Polyvinyl Chloride
    • 4.2.1.5. Polystyrene
  • 4.2.2. By Application
    • 4.2.2.1. Building & Construction
    • 4.2.2.2. Packaging
    • 4.2.2.3. Electrical & Electronics
    • 4.2.2.4. Textiles
    • 4.2.2.5. Automotive
    • 4.2.2.6. Others
  • 4.2.3. By Region
    • 4.2.3.1. North America
    • 4.2.3.2. Europe
    • 4.2.3.3. Asia Pacific (APAC)
    • 4.2.3.4. Latin America (LATAM)
    • 4.2.3.5. Middle East and Africa (MEA)

5. North America Solvent-based Plastic Recycling Market

• 5.1.1. Market Size & Forecast, by Value, 2019-2029
• 5.1.2. By Value (USD Million)
• 5.2. Market Share & Forecast
  • 5.2.1. By Product
  • 5.2.2. By Application
  • 5.2.3. By Country
    • 5.2.3.1. United States
    • 5.2.3.1.1. By Product
    • 5.2.3.1.2. By Application
    • 5.2.3.2. Canada
    • 5.2.3.2.1. By Product
    • 5.2.3.2.2. By Application

6. Europe Solvent-based Plastic Recycling Market

• 6.1. Market Size & Forecast, by Value, 2019-2029
  • 6.1.1. By Value (USD Million)
• 6.2. Market Share & Forecast
  • 6.2.1. By Product
  • 6.2.2. By Application
  • 6.2.3. By Country
    • 6.2.3.1. Germany
    • 6.2.3.1.1. By Product
    • 6.2.3.1.2. By Application
    • 6.2.3.2. United Kingdom
    • 6.2.3.2.1. By Product
    • 6.2.3.2.2. By Application
    • 6.2.3.3. Italy
    • 6.2.3.3.1. By Product
    • 6.2.3.3.2. By Application
    • 6.2.3.4. France
    • 6.2.3.4.1. By Product
    • 6.2.3.4.2. By Application
    • 6.2.3.5. Spain
    • 6.2.3.5.1. By Product
    • 6.2.3.5.2. By Application
    • 6.2.3.6. The Netherlands
    • 6.2.3.6.1. By Product
    • 6.2.3.6.2. By Application
    • 6.2.3.7. Rest of Europe
    • 6.2.3.7.1. By Product
    • 6.2.3.7.2. By Application

7. Asia-Pacific Solvent-based Plastic Recycling Market

• 7.1. Market Size & Forecast, by Value, 2019-2029
  • 7.1.1. By Value (USD Million)
• 7.2. Market Share & Forecast
  • 7.2.1. By Product
  • 7.2.2. By Application
  • 7.2.3. By Country
    • 7.2.3.1. China
    • 7.2.3.1.1. By Product
    • 7.2.3.1.2. By Application
    • 7.2.3.2. India
    • 7.2.3.2.1. By Product
    • 7.2.3.2.2. By Application
    • 7.2.3.3. Japan
    • 7.2.3.3.1. By Product
    • 7.2.3.3.2. By Application
    • 7.2.3.4. South Korea
    • 7.2.3.4.1. By Product
    • 7.2.3.4.2. By Application
    • 7.2.3.5. Australia & New Zealand
    • 7.2.3.5.1. By Product
    • 7.2.3.5.2. By Application
    • 7.2.3.6. Indonesia
    • 7.2.3.6.1. By Product
    • 7.2.3.6.2. By Application
    • 7.2.3.7. Malaysia
    • 7.2.3.7.1. By Product
    • 7.2.3.7.2. By Application
    • 7.2.3.8. Singapore
    • 7.2.3.8.1. By Product
    • 7.2.3.8.2. By Application
    • 7.2.3.9. Philippines
    • 7.2.3.9.1. By Product
    • 7.2.3.9.2. By Application
    • 7.2.3.10. Vietnam
    • 7.2.3.10.1. By Product
    • 7.2.3.10.2. By Application
    • 7.2.3.11. Rest of Asia Pacific
    • 7.2.3.11.1. By Product
    • 7.2.3.11.2. By Application

8. Latin America Solvent-based Plastic Recycling Market

• 8.1. Market Size & Forecast, by Value, 2019-2029
  • 8.1.1. By Value (USD Million)
• 8.2. Market Share & Forecast
  • 8.2.1. By Product
  • 8.2.2. By Application
  • 8.2.3. By Country
    • 8.2.3.1. Brazil
    • 8.2.3.1.1. By Product
    • 8.2.3.1.2. By Application
    • 8.2.3.2. Mexico
    • 8.2.3.2.1. By Product
    • 8.2.3.2.2. By Application
    • 8.2.3.3. Argentina
    • 8.2.3.3.1. By Product
    • 8.2.3.3.2. By Application
    • 8.2.3.4. Peru
    • 8.2.3.4.1. By Product
    • 8.2.3.4.2. By Application
    • 8.2.3.5. Rest of LATAM
    • 8.2.3.5.1. By Product
    • 8.2.3.5.2. By Application

9. Middle East & Africa Solvent-based Plastic Recycling Market

• 9.1. Market Size & Forecast, by Value, 2019-2029
  • 9.1.1. By Value (USD Million)
• 9.2. Market Share & Forecast
  • 9.2.1. By Product
  • 9.2.2. By Application
  • 9.2.3. By Country
    • 9.2.3.1. Saudi Arabia
    • 9.2.3.1.1. By Product
    • 9.2.3.1.2. By Application
    • 9.2.3.2. UAE
    • 9.2.3.2.1. By Product
    • 9.2.3.2.2. By Application
    • 9.2.3.3. Qatar
    • 9.2.3.3.1. By Product
    • 9.2.3.3.2. By Application
    • 9.2.3.4. Kuwait
    • 9.2.3.4.1. By Product
    • 9.2.3.4.2. By Application
    • 9.2.3.4.3. By End User
    • 9.2.3.5. South Africa
    • 9.2.3.5.1. By Product
    • 9.2.3.5.2. By Application
    • 9.2.3.6. Nigeria
    • 9.2.3.6.1. By Product
    • 9.2.3.6.2. By Application
    • 9.2.3.7. Algeria
    • 9.2.3.7.1. By Product
    • 9.2.3.7.2. By Application
    • 9.2.3.8. Rest of MEA
    • 9.2.3.8.1. By Product
    • 9.2.3.8.2. By Application

10. Competitive Landscape

• 10.1. List of Key Players and Their Offerings
• 10.2. Global Solvent-based Plastic Recycling Company Market Share Analysis, 2022
• 10.3. Competitive Benchmarking, By Operating Parameters
• 10.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships)

11. Impact of Covid-19 on Global Solvent-based Plastic Recycling Market

12. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)

• 12.1. Solvay
• 12.2. Sulzer Ltd
• 12.3. Veolia
• 12.4. Trinseo
• 12.5. Procter & Gamble
• 12.6. APK AG
• 12.7. Fraunhofer
• 12.8. PolystyreneLoop
• 12.9. PureCycle Technologies Inc
• 12.10. Saperatec GmbH
• 12.11. Agilyx Corporation
• 12.12. LyondellBasell
• 12.13. Pyrowave
• 12.14. MBA Polymers
• 12.15. GreenMantra
• 12.16. Other Prominent Players

13. Key Strategic Recommendations

14. Research Methodology

• 14.1. Qualitative Research
  • 14.1.1. Primary & Secondary Research
• 14.2. Quantitative Research
• 14.3. Market Breakdown & Data Triangulation
  • 14.3.1. Secondary Research
  • 14.3.2. Primary Research
• 14.4. Breakdown of Primary Research Respondents, By Region
• 14.5. Assumptions & Limitations

*Financial information of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications-based on in-depth secondary research for the final deliverable.