RECYCLED PLASTIC GRANULES MARKET ANALYSIS

Recycled Plastic Granules Market, By Product Type (PP Granules, PE Granules, HDPE Granules, LDPE Granules, Polycarbonate Granules, Polystyrene Granules, and Others), By Application (Automotive, Consumer Product, Textile, and Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Published In : Feb 2025
Code : CMI5112
Pages :121
Formats :
Excel and PDF
Industry : Polymers and Resins

Recycled Plastic Granules Market Size and Trends

The global recycled plastic granules market is estimated to be valued at USD 3.40 Bn in 2025 and is expected to reach USD 4.70 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 4.7% from 2025 to 2032.

Recycled Plastic Granules Market key Factors

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Strict government regulations and rules regarding plastic waste disposal and rising awareness about environmental protection are driving more companies to use recycled plastic granules. The market is witnessing positive trends owing to the implementation of stringent laws prohibiting the use of virgin plastics and landfill disposal of plastic waste across various countries. Moreover, sustainable production practices and focus on circular economy is further buttressing the demand for recycled plastic granules from industries such as construction, automotive, and packaging.