Advanced Recycling Market Revenue to Attain USD 7.26 Bn by 2035
Published: 10 Dec 2025
Author: Precedence Research
Advanced Recycling Market Revenue and Trends 2026 to 2035
The global advanced recycling market revenue reached USD 2.11 billion in 2025 and is predicted to attain around USD 7.26 billion by 2035 with a CAGR of 13.16%. The market is rising because tightening environmental regulations, mounting plastic-waste challenges, and growing demand for sustainable, circular materials are driving companies and nations to adopt advanced recycling technologies.
What Are the Factors Enabling the Growth of the Advanced Recycling Market?
The key factors driving this trend in engineered plastics are that countries around the world are implementing very strict regulations to reduce the amount of plastic waste produced and increase the amount of post-consumer recycled content (PCR) used in products. This includes the use of PCR in food contact and medical applications. Major manufacturer companies are aggressively expanding their recycled plastics supplies and are expected to continue their rapid expansion of the PCR process during the next decade.
The expansion will result from advances in technology related to chemical recycling techniques and specifically pyrolysis-type processing systems, which are capable of effectively recycling mixed and/or contaminated plastics, and the availability of large amounts of capital and the large scale of manufacturing operations that will enable advanced recycling to be economically feasible. During this time period, many investment firms have raised significant amounts of money to invest in advanced recycling companies and will have many new opportunities to increase their size and profitability.
Segment Insights
- By technology, the pyrolysis segment dominated the market in 2025, as it has a wide variety of applications for both mixed and complex plastic waste, converting the plastic through thermal treatment into oils (liquid) and gas (vapour) usable for recycling and other applications.
- By feedstock, mixed plastics waste is the dominating segment of the market, as Heterogeneous plastic waste streams cannot be effectively eliminated through mechanical recycling and are therefore more efficiently handled through chemical recycling.
- By application/end-use, the packaging industry, including rigid and flexible segments, makes up the largest segment of the end-use market, as companies are under pressure from regulation and their corporate sustainability objectives to create packaging products out of recycled materials.
- By product output/end-product, recycled plastic feedstocks, both oils and fuels (pyrolysis oil), are dominant products generated by pyrolysis. They can also be used as direct substitutes for virgin naphtha in the production of petrochemical-based plastics, therefore enabling the ability to create new plastics from used plastic containers.
Regional Insights
North America is currently the leading market due to the presence of many advanced policies and substantial investment in recycling infrastructures, as well as substantial investment in circular economy initiatives among large corporations. Companies are investing in chemical recycling partnerships, thus increasing maturity within the marketplace. In addition, many companies have set very aggressive sustainability goals, which help propel the development of large-scale plants. These various drivers will ensure North America continues to lead.
Asia Pacific is growing at the fastest rate due to an increase in plastic usage, increased industrialisation, and the implementation of stronger regulations prohibitively limiting the disposal of plastics. Governments and large multinationals are rapidly establishing chemical recycling facilities in some of the largest economies in this region. In addition, the improvement of environmental consciousness significantly enhances the momentum in the market. All of these aspects combine to make this region the largest growing chemical recycling market.
Advanced Recycling Market Coverage
| Report Attribute | Key Statistics |
| Market Revenue in 2025 | USD 2.11 Billion |
| Market Revenue by 2035 | USD 7.26 Billion |
| CAGR from 2026 to 2035 | 13.16% |
| Quantitative Units | Revenue in USD million/billion, Volume in units |
| Largest Market | North America |
| Base Year | 2025 |
| Regions Covered | North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa |
Recent Developments
- On 27 August 2025, Plastic Energy, in joint venture with SABIC, produced its first batch of pyrolysis oil (branded “TACOIL™”) at its advanced-recycling plant in Geleen, Netherlands. The output is derived from hard-to-recycle post-consumer plastic waste and is intended as a replacement for conventional naphtha in petrochemical production.
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