Recycled Plastics Companies

The global recycled plastics market is projected to grow from USD 85.90 billion in 2025 to USD 149.25 billion by 2032, at a CAGR of 8.2% during the forecast period. The recycled plastics market is primarily driven by rising environmental awareness, stringent regulations, and increasing industry demand for sustainable solutions. Growing concerns about plastic pollution and climate change have prompted governments to implement policies such as plastic bans, recycled content mandates, and Extended Producer Responsibility (EPR), particularly in countries like India and the EU. Technological advancements in recycling processes—including chemical recycling, AI-based sorting, and pyrolysis—are improving the quality, efficiency, and scalability of recycled plastics. Moreover, consumer preference for eco-friendly products and corporate sustainability commitments encourage companies to integrate recycled materials into their supply chains. Expanding end-use sectors like packaging, automotive, construction, and electronics further support market growth, positioning recycled plastics as a vital component of the global circular economy.

Recycled Plastics Companies

Companies such as Veolia (France), Indorama Ventures Public Company Limited (Thailand), Far Eastern New Century Corporation (Taiwan), Alpek S.A.B. de C.V. (Mexico), and Berry Global Inc. (US) belong to the winners’ category. These companies are leading players in the global recycled plastics market, and they have implemented product launches, partnerships, and expansion strategies to enhance their market share.

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Veolia (France)

Veolia is one of the leading global providers of environmental management services, focusing on water management, waste management, and energy services. The company operates its recycled plastics business within the waste segment, which involves collecting, treating, and recycling both municipal and industrial waste. It processes various plastic materials, including HDPE, LDPE, PET, PP, PS, PVC, PC, and PA. With operations in over 40 countries across Europe, Asia Pacific, South America, Africa, and North America, the company boasts a strong global presence.

Indorama Ventures Public Company Limited (Thailand)

Indorama Ventures is one of the largest sustainable chemical companies in the world. Its products and services cater to several industries that fulfill everyday consumer needs in hygiene, improved lifestyles, and safety. The company entered the recycling business in 2011, transforming post-consumer PET bottles into flakes, rPET resins, and recycled polyester yarn. Indorama Ventures operates over 270 recycling facilities and more than 140 manufacturing units. It has a presence in over 30 countries across major regions such as Asia Pacific, Europe, the Americas, and Africa, which gives the company a competitive edge.

Far Eastern New Century Corporation (Taiwan)

Far Eastern New Century Corporation, commonly referred to as FENC, manufactures textile materials as well as PET bottles and sheets. The company produces rPET using its fine-mesh filtration process, along with virgin bottle resins for a variety of food and non-food applications. It operates several subsidiaries and has production sites located in the US, Taiwan, Vietnam, China, Malaysia, and Japan.

Alpek S.A.B. de C.V. (Mexico)

Alpek is an integrated producer of PET and PTA based in Mexico. The company operates through two main business segments: polyester and plastics & chemicals. The polyester segment includes the production of purified terephthalic acid (PTA), polyethylene terephthalate (PET), recycled PET (rPET), and polyester fibers for food & beverage packaging, textiles, and industrial filament industries. The company has over 30 manufacturing plants spread across nine countries: Canada, the US, Mexico, Brazil, Chile, Argentina, the UK, Saudi Arabia, and Oman.

Berry Global Inc. (US)

Berry Global Inc. offers packaging and engineered products that support a circular economy. Its division, Berry Circular Polymers, encompasses the businesses of PLASgran and bpi recycling, specializing in pre- and post-consumer plastic recycling. The company can reprocess a variety of materials, including LDPE, LLDPE, HDPE, and other plastics. Additionally, the company provides its CleanStream recycling technology to mechanically process domestically recovered household waste polypropylene (PP) into food-grade packaging. It has a strong presence in Europe and is active across North America, South America, Africa, and Asia Pacific.

Related Reports:

Recycled Plastics Market by Source (Bottles, Fibers, Films, Foams), Process, Plastic Type (PET, PP, PVC, PS), Type, End Use (Packaging, Textiles, Building & Construction, Automotive, Electrical & Electronics), and Region - Global Forecast to 2032