세계의 재생 중간체 시장 예측(-2032년) : 재료 유형별, 프로세스별, 용도별, 지역별 분석

According to Stratistics MRC, the Global Recycled Intermediates Market is accounted for $0.89 billion in 2025 and is expected to reach $1.58 billion by 2032 growing at a CAGR of 8.53% during the forecast period. Recycled intermediates are essential components in sustainable manufacturing, enabling industries to convert processed waste into valuable inputs for further production. Sourced from recycled materials like plastics, metals, and chemical compounds, these intermediates are refined to achieve required performance and safety standards. Their use significantly reduces dependency on newly extracted resources while supporting cost efficiency and waste reduction. Sectors including automotive, construction, packaging, and chemicals are rapidly adopting recycled intermediates to align with environmental policies and sustainability goals. Advancements in recycling methods and processing technologies continue to improve material reliability, driving broader acceptance and expanded use of recycled intermediates worldwide.

According to ICIS (2025), Europe has ~800 mechanical recycling plants and a growing pipeline of chemical recycling projects (pyrolysis, glycolysis, hydrolysis, methanolysis), with price benchmarks established for R-PET, R-PE, and R-PP.

Market Dynamics:

Driver:

Rising focus on circular economy practices

Increasing adoption of circular economy concepts is a key factor fueling the recycled intermediates market. Businesses are shifting toward production models that emphasize reuse, recycling, and efficient resource utilization to reduce waste and environmental impact. Recycled intermediates play an essential role by transforming waste into valuable inputs for new manufacturing processes. Organizations implementing circular approaches gain advantages such as lower material costs, improved sustainability performance, and regulatory alignment. Supportive government initiatives and global sustainability programs further encourage circular practices. As more industries integrate circular economy principles into their operations, the requirement for reliable and efficient recycled intermediates steadily grows.

Restraint:

Limited recycling infrastructure and feedstock availability

Underdeveloped recycling infrastructure and unstable feedstock supply are key constraints on the recycled intermediates market. Many regions lack efficient waste collection, sorting, and processing systems, leading to shortages of suitable recyclable materials. Inconsistent feedstock availability makes it difficult for producers to plan operations and expand capacity. Logistical barriers and uneven regional waste management capabilities further restrict access to quality inputs. These challenges often result in production interruptions and higher sourcing costs. Without significant improvements in recycling networks and waste handling efficiency, limited infrastructure and unreliable feedstock will remain major obstacles to long-term market growth.

Opportunity:

Technological advancements in recycling processes

Progress in recycling technologies offers strong growth opportunities for the recycled intermediates market. Enhanced sorting systems, advanced chemical recycling, and improved purification methods are enabling higher material recovery and better-quality recycled outputs. These innovations make it possible to process difficult waste streams into intermediates that meet strict industrial standards. The integration of automation, AI, and digital controls is further lowering operational costs while improving efficiency and consistency. As these technologies mature and become more widely adopted, recycled intermediates gain competitiveness against virgin materials, unlocking broader industrial use and supporting sustained market expansion.

Threat:

Regulatory uncertainty and policy inconsistencies

Unclear and inconsistent regulatory frameworks pose a major challenge to the recycled intermediates market. Variations in recycling rules, waste definitions, and compliance standards across countries increase operational and administrative burdens. Unexpected policy changes or removal of incentives can negatively impact supply chains and investment confidence. In regions where regulations are weakly enforced, demand for recycled intermediates may remain limited. Global manufacturers must navigate complex regulatory landscapes, adding uncertainty to strategic planning. Such policy-related risks can discourage long-term commitments and delay market expansion, especially in markets with unstable environmental governance structures.

Covid-19 Impact:

The outbreak of COVID-19 significantly influenced the recycled intermediates market by interrupting waste collection, recycling activities, and global supply chains. Restrictions on movement and workforce availability slowed material processing and reduced the availability of recycled inputs. Demand uncertainty from major industries, including automotive and construction, created short-term market challenges. Despite these disruptions, the pandemic highlighted the importance of sustainable practices and resilient supply chains, prompting companies to explore recycled alternatives. With economic recovery and renewed focus on environmental responsibility, recycling investments increased, helping the recycled intermediates market regain momentum and strengthen its growth outlook.

The plastics segment is expected to be the largest during the forecast period

The plastics segment is expected to account for the largest market share during the forecast period, driven by their extensive industrial and consumer applications and rising emphasis on eco-friendly production. Large volumes of post-consumer and post-industrial plastic waste from sectors such as packaging, electronics, and automotive are transformed into high-quality recycled intermediates. Technological improvements in sorting, purification, and chemical recycling enhance their usability across multiple applications. Regulatory mandates to curb plastic pollution, coupled with cost advantages over virgin plastics, further strengthen their market position. The adaptability, availability, and sustainability benefits of recycled plastics make this segment the leading contributor to the growth and expansion of the recycled intermediates market.

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

Over the forecast period, the chemical recycling segment is predicted to witness the highest growth rate because it can efficiently convert challenging and contaminated waste into high-quality usable materials. By decomposing plastics and other substances at the molecular level, it produces recycled intermediates comparable to virgin materials. Technological innovations increased funding for sustainable recycling solutions, and rising demand for premium recycled materials across sectors like packaging, automotive, and electronics are fueling market expansion. As industries prioritize circular economy strategies and environmental sustainability, chemical recycling is becoming a preferred solution, driving its rapid adoption and significant contribution to market growth.

Region with largest share:

During the forecast period, the North America region is expected to hold the largest market share, supported by robust recycling networks, strict environmental laws, and widespread industrial adoption of green practices. Efficient collection, sorting, and processing systems ensure reliable availability of quality recycled materials. Government initiatives and incentives promoting circular economy and sustainable manufacturing accelerate market expansion. Key industries, including chemicals, packaging, and automotive, increasingly utilize recycled intermediates to meet sustainability objectives. Rising consumer preference for environmentally responsible products also contributes to market growth. These factors collectively maintain North America's position as the dominant region in the recycled intermediates market, driving consistent demand and encouraging further investment in recycling technologies and infrastructure.

Region with highest CAGR:

Over the forecast period, the Asia Pacific region is anticipated to exhibit the highest CAGR due to increasing industrial production, urban expansion, and heightened environmental consciousness. High volumes of recyclable waste from countries such as China, India, and Japan provide significant feedstock for recycled intermediates. Supportive government policies and incentives encourage recycling, sustainable production, and circular economy initiatives. Investments in innovative recycling methods, including chemical recycling, are rising to fulfill industrial requirements and quality benchmarks. Growing demand for environmentally sustainable products further accelerates market adoption. With expanding recycling infrastructure and strengthening regulations, Asia-Pacific is poised to lead in the rapid growth and adoption of recycled intermediates.

Key players in the market

Some of the key players in Recycled Intermediates Market include BASF SE, Dow Chemical Company, LyondellBasell Industries, SABIC, Covestro, ExxonMobil Chemical, Loop Industries Inc., Agilyx Corporation, Brightmark, Carbios, INEOS Styrolution, LG Chem, Mitsubishi Chemical Corporation, TotalEnergies and Shell Chemicals.

Key Developments:

In October 2025, Dow and MEGlobal have finalized an agreement for Dow to supply an additional equivalent to 100 KTA of ethylene from its Gulf Coast operations. The ethylene will serve as a key feedstock for MEGlobal's ethylene glycol (EG) manufacturing facility co-located at Dow's and MEGlobal's Oyster Creek site.

In July 2025, BASF and Equinor have signed a long-term strategic agreement for the annual delivery of up to 23 terawatt hours of natural gas over a ten-year period. The contract secures a substantial share of BASF's natural gas needs in Europe. This agreement further strengthens our partnership with BASF. Natural gas not only provides energy security to Europe but also critical feedstock to European industries.

In June 2025, LyondellBasell (LYB) has announced that it has entered into an agreement and exclusive negotiations with German industrial group AEQUITA for the potential sale of four of its European olefins and polyolefins assets. The agreement marks a pivotal move in LyondellBasell's previously disclosed strategic review of its European operations.

Material Types Covered:

• Plastics
• Metals
• Paper & Cardboard
• Glass
• Other Material Types

Processes Covered:

• Mechanical Recycling
• Chemical Recycling
• Advanced Recovery Methods

Applications Covered:

• Packaging
• Automotive
• Construction Materials
• Electronics & Electricals
• Textile Applications
• Other Applications

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 Emerging Markets
• 3.8 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 Recycled Intermediates Market, By Material Type

• 5.1 Introduction
• 5.2 Plastics
• 5.3 Metals
• 5.4 Paper & Cardboard
• 5.5 Glass
• 5.6 Other Material Types

6 Global Recycled Intermediates Market, By Process

• 6.1 Introduction
• 6.2 Mechanical Recycling
• 6.3 Chemical Recycling
• 6.4 Advanced Recovery Methods

7 Global Recycled Intermediates Market, By Application

• 7.1 Introduction
• 7.2 Packaging
• 7.3 Automotive
• 7.4 Construction Materials
• 7.5 Electronics & Electricals
• 7.6 Textile Applications
• 7.7 Other Applications

8 Global Recycled Intermediates Market, By Geography

• 8.1 Introduction
• 8.2 North America
  • 8.2.1 US
  • 8.2.2 Canada
  • 8.2.3 Mexico
• 8.3 Europe
  • 8.3.1 Germany
  • 8.3.2 UK
  • 8.3.3 Italy
  • 8.3.4 France
  • 8.3.5 Spain
  • 8.3.6 Rest of Europe
• 8.4 Asia Pacific
  • 8.4.1 Japan
  • 8.4.2 China
  • 8.4.3 India
  • 8.4.4 Australia
  • 8.4.5 New Zealand
  • 8.4.6 South Korea
  • 8.4.7 Rest of Asia Pacific
• 8.5 South America
  • 8.5.1 Argentina
  • 8.5.2 Brazil
  • 8.5.3 Chile
  • 8.5.4 Rest of South America
• 8.6 Middle East & Africa
  • 8.6.1 Saudi Arabia
  • 8.6.2 UAE
  • 8.6.3 Qatar
  • 8.6.4 South Africa
  • 8.6.5 Rest of Middle East & Africa

9 Key Developments

• 9.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 9.2 Acquisitions & Mergers
• 9.3 New Product Launch
• 9.4 Expansions
• 9.5 Other Key Strategies

10 Company Profiling

• 10.1 BASF SE
• 10.2 Dow Chemical Company
• 10.3 LyondellBasell Industries
• 10.4 SABIC
• 10.5 Covestro
• 10.6 ExxonMobil Chemical
• 10.7 Loop Industries Inc.
• 10.8 Agilyx Corporation
• 10.9 Brightmark
• 10.10 Carbios
• 10.11 INEOS Styrolution
• 10.12 LG Chem
• 10.13 Mitsubishi Chemical Corporation
• 10.14 TotalEnergies
• 10.15 Shell Chemicals