세계의 서큘러 폴리머 시장 : 예측 - 폴리머 유형별, 형태별, 서큘러 레벨별, 제조 공정별, 용도별, 최종 사용자별, 지역별 분석(-2032년)

According to Stratistics MRC, the Global Circular Polymers Market is accounted for $104.63 billion in 2025 and is expected to reach $220.00 billion by 2032 growing at a CAGR of 11.2% during the forecast period. Circular polymers are eco-friendly materials developed to stay in use through recycling, reprocessing, or reuse within a sustainable system. Unlike traditional polymers, which are discarded after use, these materials are part of a looped lifecycle that reduces environmental harm. Often made from recycled content or renewable inputs, circular polymers support environmental goals by lowering waste, conserving resources, and encouraging sustainable production and consumption practices across various industries.

According to the Organisation Internationale des Constructeurs d'Automobiles (OICA), in 2022, the U.S. recorded a production of 1.06 million vehicles, a 10% increase compared to that of 2021.

Market Dynamics:

Driver:

Rising environmental awareness

The growing urgency to address plastic pollution and climate change is fueling demand for circular polymers. Governments and industries are increasingly adopting sustainability goals, pushing for materials that reduce environmental impact. Circular polymers, derived from recycled plastics, offer a viable alternative to virgin materials, aligning with global efforts to reduce carbon footprints. Public awareness campaigns and eco-conscious consumer behavior are accelerating the shift toward closed-loop production systems. Regulatory frameworks such as extended producer responsibility (EPR) and bans on single-use plastics further reinforce this momentum. As a result, circular polymers are gaining traction across packaging, automotive, and construction sectors.

Restraint:

Limited availability of high-quality recyclates

Despite rising demand, the supply of consistent, high-grade recycled polymers remains a major bottleneck. Variability in feedstock quality and contamination during collection and sorting processes hinder reliable output. Many industries still prefer virgin plastics due to their superior mechanical and aesthetic properties, especially in high-performance applications. The lack of robust recycling infrastructure and standardized quality benchmarks exacerbates the issue. This inconsistency limits the scalability of circular polymers and deters adoption in sectors with stringent material requirements.

Opportunity:

Technological innovations in chemical recycling

Advanced chemical recycling methods are unlocking new possibilities for circular polymer production. Unlike mechanical recycling, these technologies can process mixed or contaminated plastic waste into high-quality feedstock. Innovations such as pyrolysis and depolymerization are enabling the recovery of monomers that match virgin-grade specifications. This breakthrough expands the range of recyclable materials and enhances the performance of end products. Strategic collaborations between tech firms and manufacturers are accelerating commercialization and infrastructure development. As these solutions mature, they promise to overcome current limitations and drive broader adoption of circular polymers.

Threat:

Lack of standardization in recycling processes

The absence of unified standards across recycling systems poses a significant threat to market cohesion. Inconsistent definitions, labeling, and certification criteria create confusion among producers, regulators, and consumers. This fragmentation undermines trust in recycled materials and complicates cross-border trade and compliance. Without harmonized protocols, it's difficult to ensure quality, traceability, and interoperability of circular polymers. The lack of regulatory clarity also discourages investment in recycling technologies and infrastructure.

Covid-19 Impact:

The COVID-19 pandemic disrupted global recycling operations, leading to reduced collection rates and supply chain breakdowns. Lockdowns and labor shortages hampered waste management services, affecting the availability of recyclates. Simultaneously, the surge in single-use plastics for hygiene and packaging reversed some sustainability gains. However, the crisis also highlighted the need for resilient and eco-friendly systems, prompting renewed interest in circular solutions. This strategic reset has positioned circular polymers as a cornerstone of post-pandemic recovery and long-term environmental resilience.

The polyethylene (PE) segment is expected to be the largest during the forecast period

The polyethylene (PE) segment is expected to account for the largest market share during the forecast period, owing to its high usage and strong potential for recycling. Innovations such as ExxonMobil's Exxtend chemical recycling and improved sorting technologies are boosting the efficiency and quality of PE recovery. Growing demand in sectors like packaging and infrastructure, coupled with sustainability goals, is shaping market trends. Notable progress includes Berry Global's integration of certified circular PE in food-safe applications. Supportive regulations and EPR initiatives are further propelling adoption. PE's adaptability and alignment with recycling advancements position it as a cornerstone of circular material strategies.

The packaging segment is expected to have the highest CAGR during the forecast period

Over the forecast period, the packaging segment is predicted to witness the highest growth rate, driven by the shift away from single-use plastics toward sustainable solutions. Innovations such as chemical recycling and AI-enhanced sorting are advancing the efficiency and purity of recovered materials. Leading trends involve major brands adopting recyclable and biodegradable packaging, particularly in food and hygiene products. Significant actions include Unilever's integration of recycled polymers and Coca-Cola's circular PET programs. Increasing regulatory mandates and growing consumer demand for environmentally responsible packaging are further accelerating market expansion and innovation.

Region with largest share:

During the forecast period, the Asia Pacific region is expected to hold the largest market share, due to fast-paced industrial growth, increasing plastic usage, and evolving sustainability regulations. Nations such as India and China are advancing chemical recycling and AI-driven sorting to enhance recyclate efficiency. Trends show rising use of recycled polymers in packaging and construction across FMCG sectors. Key initiatives include government support and improved recycling infrastructure. With growing environmental awareness and a robust manufacturing landscape, the region is emerging as a global leader in circular polymer development and capacity expansion.

Region with highest CAGR:

Over the forecast period, the North America region is anticipated to exhibit the highest CAGR, fuelled by stringent environmental regulations, corporate sustainability targets, and rising demand in packaging and building materials. Breakthroughs in chemical recycling and AI-enabled sorting systems are enhancing the efficiency and quality of recycled outputs. Emerging trends include closed-loop production and broader adoption of post-consumer recycled plastics. Key milestones feature ExxonMobil's launch of certified circular polymers and Berry Global's innovations in recyclable food packaging. Growing infrastructure investments and public awareness are reinforcing North America's shift toward a circular economy.

Key players in the market

Some of the key players in Circular Polymers Market include BASF SE, Indorama Ventures, Dow Inc., Plastic Energy, LyondellBasell Industries, Brightmark, SABIC, Loop Industries, Eastman Chemical Company, Ascend Performance Materials, INEOS Group, Agilyx Corporation, Covestro AG, APK AG, Neste Oyj, Carbios, Suez SA, and Veolia Environnement S.A.

Key Developments:

In July 2025, BASF Coatings, in collaboration with Renault Group and Durr, had redefined the future of automotive manufacturing with the Overspray-Free Application (OFLA) process (also known as Jetprint at Renault). The trio was awarded the "Trophee de l'Industrie s'engage 2025" in the Innovative Process category at the "L'industrie s'engage par l'Usine Nouvelle" event.

In June 2025, Indorama Ventures Public Company Limited, and leading producer of specialty co-polyesters, has entered into a strategic distribution agreement with PolySource, a premier distributor of high-performance polymer solutions. The agreement, under Indorama Ventures' Combined PET (CPET) segment, positions PolySource as an authorized distributor of specialty PET and PEN polymers across North America and key global markets.

In June 2025, Dow announced significant milestones to mark breakthrough innovation with INNATE(TM) TF 220 Resin to help enable the design for recyclability and high-performance BOPE films for flexible packaging. From material design to end-of-life solutions, Dow is collaborating with stakeholders across the packaging chain to create impactful, scalable solutions to today's sustainability challenges - transforming vision into commercial reality.

Polymer Types Covered:

• Polyethylene (PE)
• Polypropylene (PP)
• Polyethylene Terephthalate (PET)
• Polyvinyl Chloride (PVC)
• Polyamide (PA)
• Other Polymer Types

Forms Covered:

• Pellets
• Flakes

Circular Levels Covered:

• Pre-Consumer
• Post-Consumer
• Post-Industrial

Manufacturing Processes Covered:

• Mechanical Recycling
• Feedstock Recycling
• Chemical Recycling
• Solvent-based Recycling

Applications Covered:

• Packaging
• Building & Construction
• Automotive
• Electrical & Electronics
• Adhesives & Sealants
• Other Applications

End Users Covered:

• Circular Plastics
• Circular Chemicals
• Circular Textiles

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Application Analysis
• 3.7 End User Analysis
• 3.8 Emerging Markets
• 3.9 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Circular Polymers Market, By Polymer Type

• 5.1 Introduction
• 5.2 Polyethylene (PE)
• 5.3 Polypropylene (PP)
• 5.4 Polyethylene Terephthalate (PET)
• 5.5 Polyvinyl Chloride (PVC)
• 5.6 Polyamide (PA)
• 5.7 Other Polymer Types

6 Global Circular Polymers Market, By Form

• 6.1 Introduction
• 6.2 Pellets
• 6.3 Flakes

7 Global Circular Polymers Market, By Circular Level

• 7.1 Introduction
• 7.2 Pre-Consumer
• 7.3 Post-Consumer
• 7.4 Post-Industrial

8 Global Circular Polymers Market, By Manufacturing Process

• 8.1 Introduction
• 8.2 Mechanical Recycling
• 8.3 Feedstock Recycling
• 8.4 Chemical Recycling
• 8.5 Solvent-based Recycling

9 Global Circular Polymers Market, By Application

• 9.1 Introduction
• 9.2 Packaging
• 9.3 Building & Construction
• 9.4 Automotive
• 9.5 Electrical & Electronics
• 9.6 Adhesives & Sealants
• 9.7 Other Applications

10 Global Circular Polymers Market, By End User

• 10.1 Introduction
• 10.2 Circular Plastics
• 10.3 Circular Chemicals
• 10.4 Circular Textiles

11 Global Circular Polymers Market, By Geography

• 11.1 Introduction
• 11.2 North America
  • 11.2.1 US
  • 11.2.2 Canada
  • 11.2.3 Mexico
• 11.3 Europe
  • 11.3.1 Germany
  • 11.3.2 UK
  • 11.3.3 Italy
  • 11.3.4 France
  • 11.3.5 Spain
  • 11.3.6 Rest of Europe
• 11.4 Asia Pacific
  • 11.4.1 Japan
  • 11.4.2 China
  • 11.4.3 India
  • 11.4.4 Australia
  • 11.4.5 New Zealand
  • 11.4.6 South Korea
  • 11.4.7 Rest of Asia Pacific
• 11.5 South America
  • 11.5.1 Argentina
  • 11.5.2 Brazil
  • 11.5.3 Chile
  • 11.5.4 Rest of South America
• 11.6 Middle East & Africa
  • 11.6.1 Saudi Arabia
  • 11.6.2 UAE
  • 11.6.3 Qatar
  • 11.6.4 South Africa
  • 11.6.5 Rest of Middle East & Africa

12 Key Developments

• 12.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 12.2 Acquisitions & Mergers
• 12.3 New Product Launch
• 12.4 Expansions
• 12.5 Other Key Strategies

13 Company Profiling

• 13.1 BASF SE
• 13.2 Indorama Ventures
• 13.3 Dow Inc.
• 13.4 Plastic Energy
• 13.5 LyondellBasell Industries
• 13.6 Brightmark
• 13.7 SABIC
• 13.8 Loop Industries
• 13.9 Eastman Chemical Company
• 13.10 Ascend Performance Materials
• 13.11 INEOS Group
• 13.12 Agilyx Corporation
• 13.13 Covestro AG
• 13.14 APK AG
• 13.15 Neste Oyj
• 13.16 Carbios
• 13.17 Suez SA
• 13.18 Veolia Environnement S.A.