Global Engineering Plastic Recycling Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Plastic Type;

Fluoropolymers, Polycarbonate, Polyethylene Terephthalate (PET), Polyacetal/ Polyoxymethylene, Polymethyl Methacrylate (PMMA), Styrene Copolymers (ABS and SAN), Polyether Ether Ketone (PEEK), Polyamide, Polybutylene Terephthalate (PBT), and Polyimide.

By End-user;

Packaging, Building & Construction, Industrial Yarn, Automotive, Electrical & Electronics, and Other End-user Industries.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn228469665 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Engineering Plastic Recycling Market (USD Million), 2021 - 2031

In the year 2024, the Global Engineering Plastic Recycling Market was valued at USD 114,476.54 million. The size of this market is expected to increase to USD 166,005.81 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.5%.

The global engineering plastic recycling market is witnessing significant growth as industries and governments increasingly focus on sustainability and waste reduction. Engineering plastics, known for their high performance and durability, are widely used in applications ranging from automotive components to electronics and consumer goods. However, their long life cycle and complex nature pose recycling challenges. The market is driven by rising environmental awareness, stringent regulations on plastic waste, and advancements in recycling technologies.

Recycling of engineering plastics involves specialized processes due to their unique properties, which include high melting points and resistance to degradation. This has led to the development of advanced recycling methods such as chemical recycling, which breaks down plastics into their monomers for reuse, and mechanical recycling, which reprocesses plastics into new products. These innovations aim to enhance the efficiency and effectiveness of recycling engineering plastics, reducing the need for virgin materials and minimizing environmental impact.

The market's growth is also supported by increasing investments from both public and private sectors in research and development to improve recycling techniques and create a circular economy. Key players in the industry are focusing on building robust recycling infrastructure and fostering collaborations to drive sustainability in the engineering plastics sector. As the global emphasis on reducing plastic waste continues to intensify, the engineering plastic recycling market is expected to expand, contributing to a more sustainable future.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Plastic Type
    2. Market Snapshot, By End-user
    3. Market Snapshot, By Region
  4. Global Engineering Plastic Recycling Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Environmental awareness
        2. Regulations on plastic waste
        3. Recycling technology advancements
      2. Restraints
        1. High recycling costs
        2. Complex processing requirements
        3. Contamination issues
      3. Opportunities
        1. Technological advancements
        2. Increased regulatory support
        3. Expansion of recycling infrastructure
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry

  5. Market Segmentation
    1. Global Engineering Plastic Recycling Market, By Plastic Type, 2021 - 2031 (USD Million)
      1. Fluoropolymers
      2. Polycarbonate
      3. Polyethylene Terephthalate (PET)
      4. Polyacetal/ Polyoxymethylene
      5. Polymethyl Methacrylate (PMMA)
      6. Styrene Copolymers (ABS and SAN)
      7. Polyether Ether Ketone (PEEK)
      8. Polyamide
      9. Polybutylene Terephthalate (PBT)
      10. Polyimide
    2. Global Engineering Plastic Recycling Market, By End-user, 2021 - 2031 (USD Million)
      1. Packaging
      2. Building and Construction
      3. Industrial Yarn
      4. Automotive
      5. Electrical and Electronics
      6. Other End-user Industries
    3. Global Engineering Plastic Recycling Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia/New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Indorama Ventures Public Company Limited
      2. Alpek Polyester
      3. petco.co.za
      4. Far Eastern New Century Corporation (Phoenix Technologies)
      5. Clean Tech U.K. Ltd
  7. Analyst Views
  8. Future Outlook of the Market