Polystyrene Resin Recycling Market Revenue to Attain USD 718.31 Mn by 2033

23 Sep 2025

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Table of Content

1. Polystyrene Resin Recycling Market Revenue and Trends 2025 to 2033 2. What are the Key Factors Influencing the Growth of the Polystyrene Resin Recycling Market? 3. Segment Insights: 4. Regional Insights: 5. Polystyrene Resin Recycling Market Coverage 6. Polystyrene Resin Recycling Market Key Players

Polystyrene Resin Recycling Market Revenue and Trends 2025 to 2033

The global polystyrene resin recycling market revenue reached USD 480.66 million in 2025 and is predicted to attain around USD 718.31 million by 2033 with a CAGR of 5.15%. The growth of the market is driven by increased regulatory pressure to reduce plastic waste and rising demand for sustainable and recycled content in packaging.

What are the Key Factors Influencing the Growth of the Polystyrene Resin Recycling Market?

Environmental awareness is rapidly growing among consumers and businesses, with a focus on reducing carbon footprints and diverting waste from landfills. Regulatory bodies in North America, Europe, and Asia-Pacific are strengthening plastic recycling legislation and incentives, especially for single-use plastics and foam packaging. Technological advancements are improving the feasibility and cost-effectiveness of recycling lower-quality and contaminated polystyrene (PS). Brands are also committing to using more recycled content, supported by investment in collection and processing infrastructure through private and public initiatives. All these factors are driving the growth of the market. Furthermore, advances in recycling technologies are opening up novel growth prospects.

Segment Insights:

• By PS type, the expanded polystyrene (EPS) segment led the market in 2024 due to its extensive use in packaging, insulation, and foam products that are conducive to a large volume of recycled material. 
• By source, the post-industrial PS segment dominated the market due to the consistent availability, high purity, and lower contamination levels of polystyrene waste generated during manufacturing processes.
• By recycling process, the mechanical recycling segment led the market by holding a major share in 2024. This is mainly due to its lower cost, ease of process, and more mature systems compared to chemical or thermal recycling processes. 
• By product/output, the recycled PS pellets (regrind) segment dominated the market in 2024, as these pellets are highly versatile and widely used in manufacturing new plastic products across various industries, including packaging, consumer goods, and construction.
• By collection method, the industrial scrap collection segment dominated the market in 2024 because this method is efficient at collecting large volumes of PS foam and resin and avoids contamination to a degree. 
• By distribution channel, the material distributors/brokers segment dominated the market, as they act as a middle person to connect recyclers, manufacturers, and end users to move recycled PS pellets and resins.

Regional Insights:

Asia Pacific dominated the global polystyrene resin recycling market with the largest share in 2024. This is due to its large-scale manufacturing base, high consumption of polystyrene in packaging and consumer goods, and increasing focus on sustainable waste management. Countries like China, India, Japan, South Korea, and Southeast Asia are investing heavily in recycling infrastructure, supported by regulatory frameworks, industry growth, and government mandates that drive demand for recycled PS.

North America is expected to experience the fastest growth during the projection period. Policies like plastic waste laws, extended producer responsibility schemes, and circular economy incentives are boosting recycling rates. The U.S. is a major contributor to the regional market growth, driven by growing consumer demand for eco-friendly products, which is pushing manufacturers to incorporate more recycled content.

Polystyrene Resin Recycling Market Coverage

Polystyrene Resin Recycling Market Key Players

• Agilyx
• Pyrowave
• Polystyvert
• GreenMantra Technologies
• Veolia
• SUEZ
• MBA Polymers
• Trinseo
• INEOS Styrolution
• BASF
• Brightmark
• Erema
• APK AG
• KBR
• Waste Management, Inc.
• CleanTech
• Plastic Recycling, Inc.
• Avangard Innovative
• Ravago Group
• TotalEnergies

Recent Development:

• In July 2025, Sulzer introduced EcoStyrene technology, a chemical-recycling process capable of handling heavily contaminated PS waste (including flame retardants, food residues), converting it back into resources, even suitable for food-contact applications. (Source- https://www.sustainableplastics.com)

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