
cover
- Published: November 2025
- Pages: 482
- Tables: 143
- Figures: 56
The advanced chemical recycling market represents a transformative approach to plastic waste management, converting end-of-life polymers back into their molecular building blocks or high-value chemical feedstocks. Unlike traditional mechanical recycling, which faces limitations with contaminated, multi-layer, or degraded plastics, chemical recycling technologies can process complex waste streams and produce virgin-quality materials suitable for demanding applications including food packaging, medical devices, and automotive components. The market is experiencing rapid expansion, with global chemical recycling capacity growing at compound annual growth rates exceeding 25%. This acceleration is driven by multiple converging factors: stringent regulatory frameworks like the European Union's Circular Economy Action Plan requiring increased recycled content, corporate sustainability commitments from major brand owners including Unilever, Nestlé, and Procter & Gamble, and the fundamental need for more sophisticated recycling solutions capable of handling mixed plastic waste fractions that conventional technologies cannot process. The transition from linear to circular economy models has aligned economic and environmental incentives, with financial institutions mobilizing over $10 billion in specialized capital for circular plastic initiatives.
The market encompasses four primary technology categories, each with distinct advantages and applications. Pyrolysis, operating at temperatures between 370-550°C, thermally decomposes polymers into pyrolysis oils, gases, and char, handling mixed plastic streams with relatively simple technology. Commercial facilities now operate at scales processing 100,000-500,000 tons annually, with companies like Brightmark, Plastic Energy, and Agilyx demonstrating viable integrated value chains.
Gasification, employing higher temperatures of 700-1,200°C, converts waste into synthesis gas (syngas) comprising hydrogen and carbon monoxide, which can be transformed into numerous chemical products or fuels. While more complex than pyrolysis, gasification offers exceptional feedstock versatility and multiple product pathways, with leading chemical manufacturers including BASF, Dow, and SABIC integrating plastic waste-derived feedstocks into existing steam cracking operations.
Solvent-based technologies, including dissolution and depolymerization processes, operate at lower temperatures (80-200°C) and preserve polymer structures, achieving yields exceeding 95% for certain materials. These methods demonstrate particular effectiveness for polyethylene terephthalate (PET), polyurethanes, and polyamides, producing monomers meeting virgin-grade specifications. Companies like Carbios and Loop Industries have achieved commercial-scale operations, with facilities processing 5,000-80,000 tons annually of difficult-to-recycle materials including textiles and multilayer packaging.
Depolymerization specifically targets condensation polymers like PET, nylon, and polycarbonate, breaking chemical bonds to recover original monomers through processes including hydrolysis, glycolysis, and methanolysis. This approach enables true closed-loop recycling, with recovered materials directly reintegrated into manufacturing without quality degradation.
Advanced chemical recycling serves diverse end markets across packaging, automotive, construction, electronics, and textiles. Food-grade packaging represents a critical application, with chemically recycled polymers meeting stringent safety requirements that mechanical recycling often cannot achieve. Major brands have launched products incorporating chemically recycled content, including Unilever's Magnum ice cream tubs, Mars pet food packaging, and Nestlé beverage containers. The automotive sector increasingly specifies chemically recycled materials for under-hood components and interior applications where performance requirements justify premium pricing. Electronics manufacturers utilize recovered engineering plastics for housings and structural components, while textile companies employ depolymerized polyester for apparel and home furnishings.
Despite robust growth, the industry faces significant barriers including high initial capital costs ranging from $50-200 million for commercial-scale facilities, feedstock quality variability, and evolving regulatory frameworks. Energy requirements, particularly for pyrolysis and gasification, necessitate careful process optimization and renewable energy integration to achieve favorable carbon footprints. The market trajectory remains strongly positive, with capacity expansions, technological improvements, and supportive policies creating reinforcing feedback loops. As circular economy principles become mainstream and design-for-recyclability standards proliferate, advanced chemical recycling will transition from alternative technology to essential infrastructure within the global materials economy, fundamentally transforming how society values and manages plastic resources.
The Global Advanced (Chemical) Recycling Market 2026-2040 delivers comprehensive analysis of the rapidly expanding chemical recycling industry, providing critical intelligence for stakeholders navigating the transition from linear to circular plastics economy. This definitive 450-page market intelligence report examines advanced recycling technologies transforming plastic waste management, including pyrolysis, gasification, solvent-based processes, and depolymerization systems projected to achieve market revenues exceeding $15 billion by 2040.
Advanced chemical recycling technologies are revolutionizing waste plastics management by converting end-of-life polymers into virgin-quality feedstocks, monomers, and chemical intermediates. Unlike mechanical recycling limited by contamination and degradation, chemical recycling processes handle mixed plastic waste streams, multilayer packaging, and contaminated materials, producing food-grade packaging, automotive components, and high-performance materials. This comprehensive market report analyzes technology readiness levels, commercial deployments, capacity expansions, and competitive landscape across thermal processes (pyrolysis and gasification), solvent-based technologies (dissolution and depolymerization), and emerging innovations including enzymatic recycling and plasma-assisted systems.
Market drivers propelling industry growth include stringent Extended Producer Responsibility (EPR) regulations, recycled content mandates in Europe, North America, and Asia, corporate sustainability commitments from Fortune 500 brands, and $10+ billion in circular economy investment. The European Union's Circular Economy Action Plan targeting 50% plastic packaging recycling by 2030, alongside carbon pricing mechanisms creating economic incentives for recycled materials, establishes regulatory frameworks accelerating commercial deployments. Major petrochemical manufacturers including BASF, Dow, SABIC, Shell, and TotalEnergies are integrating chemical recycling feedstocks into existing production infrastructure, validating technology scalability and market viability.
This strategic market intelligence report delivers actionable insights through detailed technology assessments, capacity forecasts, competitive benchmarking, and end-market analysis across packaging, automotive, construction, electronics, and textiles sectors. Comprehensive regional analysis examines Europe, North America, Asia-Pacific, South America, Africa, and Oceania, with polymer-specific demand forecasts for polyethylene (PE), polypropylene (PP), polyethylene terephthalate (PET), polystyrene (PS), polyamides, and specialty polymers through 2040.
Report contents include:
- Global market size and revenue projections by technology type (pyrolysis, gasification, dissolution, depolymerization)
- Revenue forecasts by end-use application (packaging, automotive, construction, electronics, textiles)
- Regional market analysis: Europe, North America, Asia-Pacific, South America, Africa, Oceania
- Polymer demand segmentation: PE, PP, PET, PS, Nylon, specialty polymers
- Capacity analysis: current operational facilities, planned expansions, technology-specific capacities
- Price analysis: recycled plastic pricing versus virgin materials, cost competitiveness assessment
- Investment landscape: funding trends, mergers & acquisitions, strategic partnerships (2020-2025)
- Thermal Processes:
- Pyrolysis: non-catalytic, catalytic, steam cracking, microwave-assisted, plasma pyrolysis
- Process parameters, product yields, SWOT analysis, commercial applications
- Polystyrene pyrolysis, tire recycling, biofuel production pathways
- Co-pyrolysis of biomass and plastic wastes
- Companies and operational capacities (130+ facilities profiled)
- Gasification: technology overview, syngas production, methanol synthesis
- Biomass gasification, syngas fermentation, thermochemical conversion
- Multilayer packaging processing capabilities
- SWOT analysis, companies and planned capacities
- Solvent-Based Technologies:
- Dissolution: selective dissolution, supercritical fluids, switchable solvents
- Deep eutectic solvents (DES), ionic liquids, conventional organic solvents
- Polyolefin dissolution systems, polystyrene recovery, PET solvolysis
- Mixed polymer stream processing, solvent recovery and recycling systems
- Economic optimization, life cycle assessment (LCA)
- Commercial development, pilot plants, demonstration facilities
- Delamination Technologies: multilayer packaging separation
- Switchable Hydrophilicity Solvents (SHS), polyethylene-aluminum composites
- Carton package processing, aluminum recovery methods
- Economic and environmental benefits analysis
- Chemical Depolymerization: hydrolysis, enzymolysis, methanolysis, glycolysis, aminolysis
- Polymer-specific processes for PET, PU, PC, PA, PLA
- Technology maturity, commercial deployments, capacity analysis
- Companies and planned facilities
- Emerging Technologies:
- Hydrothermal Liquefaction (HTL) for multilayer packaging
- Pyrolysis with in-line reforming
- Carbon fiber recycling technologies
- Thermoset recycling routes
- Nano-catalysts and bio-catalysts applications
- AI and machine learning optimization
- Polymer Processing Methods:
- Polyethylene (PE): recovery technologies, quality grades, processing parameters
- Polypropylene (PP): chemical recycling methods, purity specifications
- Polyethylene Terephthalate (PET): BHET upgrading, glycolysis, methanolysis
- Polystyrene (PS): dissolution processes, monomer recovery
- Polyamides (Nylon): depolymerization pathways, caprolactam recovery
- Polycarbonate (PC), ABS, PVC: specialized processing techniquesPolyurethanes (PU): flexible and rigid foam recycling
- Complex Waste Streams:
- Multilayer packaging: barrier materials, food-grade applications
- Mixed plastics: sorting technologies, selective separation
- Composite materials: fiber-reinforced polymers, carbon fiber recovery
- Electronic waste: circuit boards, displays, precious metals recovery
- Automotive plastics: bumpers, dashboards, under-hood components
- Construction materials: pipes, insulation, profiles
- Textiles: natural fibers (cotton, wool, silk), synthetic fibers (polyester, nylon, acrylic)
- Processing methods and recovery technologies
- END PRODUCT ANALYSIS
- Chemical Feedstocks
- Fuels
- Raw Materials
- Energy Products:
- Global Regulatory Landscape
- Market Drivers
- Market Challenges
- Technology Readiness Levels (TRL) assessment: laboratory scale to commercial deployment
- LIFE CYCLE ASSESSMENT (LCA)
- Chemically recycled plastic products: commercial applications, brand partnerships
- Market mapping: value chain analysis, competitive landscape
- Industry news, funding and developments (2020-2025): M&A activity, capacity announcements
- Strategic partnerships: petrochemical companies, brand owners, technology providers
The report profiles 191 leading companies pioneering advanced chemical recycling technologies, including: Aduro Clean Technologies, Advanced Plastic Purification International (APPI), Aeternal Upcycling, Agilyx, Alpha Recyclage Composites, Alterra Energy, Ambercycle, Anellotech, Anhui Oursun Resource Technology, APChemi, Aquafil, ARCUS Greencycling, Arkema, Axens, BASF, Bcircular, BioBTX, Biofabrik Technologies, Birch Biosciences, Blest (Microengineer), Blue Cycle, BlueAlp Technology, Borealis, Boston Materials, Braven Environmental, Breaking, Brightmark, Cadel Deinking, Carbios, Carboliq, Carbon Fiber Recycling, Cassandra Oil, CIRC, China Tianying, Chevron Phillips Chemical, Clariter, Clean Energy Enterprises, Clean Planet Energy, Corsair Group International, Covestro, CreaCycle, CuRe Technology, Cyclic Materials, Cyclize, DeepTech Recycling, DePoly, Dow Chemical Company, DyeRecycle, Eastman Chemical Company, Eco Fuel Technology, Ecopek, Ecoplasteam, Eeden, Emery Oleochemicals, Encina Development Group, Enerkem, Enespa, Enval, Environmental Solutions (Asia), Epoch Biodesign, Equipolymers, ESTER Biotech, Evonik Industries, Evoralis Limited, Evrnu, Extracthive, ExxonMobil, Fairmat, Fulcrum BioEnergy, Futerro, Freepoint Eco-Systems, Fych Technologies, Garbo, Greenback Recycling Technologies, GreenMantra Technologies, Greyparrot, Gr3n, Guangdong Dongyue Chemical Technology, Handerek Technologies, Hanwha Solutions, Honeywell, Hyundai Chemical, Impact Recycling, Indaver, InEnTec, INEOS Styrolution, Infinited Fiber Company, Ioncell, Ioniqa Technologies, Itero Technologies, Jeplan, JFE Chemical Corporation, Kaneka Corporation, Khepra, Klean Industries, LanzaTech, Licella, Loop Industries, LOTTE Chemical and more.....
1 EXECUTIVE SUMMARY 23
- 1.1 Market Overview 23
- 1.2 Technology Landscape 23
- 1.3 Market Drivers and Growth Catalysts 24
- 1.4 Market Challenges and Constraints 25
- 1.5 End-Use Applications 25
- 1.6 Regional Market Dynamics 26
- 1.7 Supply Chain and Infrastructure Requirements 27
- 1.8 Emerging Technologies 28
- 1.9 Market Scenarios and Outlook 28
- 1.10 Sustainability Assessment 29
2 CLASSIFICATION OF RECYCLING TECHNOLOGIES 31
3 INTRODUCTION 32
- 3.1 Global production of plastics 32
- 3.2 The importance of plastic 32
- 3.3 Issues with plastics use 33
- 3.4 Bio-based or renewable plastics 33
- 3.4.1 Drop-in bio-based plastics 33
- 3.4.2 Novel bio-based plastics 34
- 3.5 Biodegradable and compostable plastics 35
- 3.5.1 Biodegradability 35
- 3.5.2 Compostability 36
- 3.6 Plastic pollution 36
- 3.7 Policy and regulations 37
- 3.8 The circular economy 38
- 3.9 Plastic recycling 39
- 3.9.1 Mechanical recycling 42
- 3.9.1.1 Closed-loop mechanical recycling 42
- 3.9.1.2 Open-loop mechanical recycling 42
- 3.9.1.3 Polymer types, use, and recovery 43
- 3.9.2 Advanced recycling (molecular recycling, chemical recycling) 43
- 3.9.2.1 Main streams of plastic waste 44
- 3.9.2.2 Comparison of mechanical and advanced chemical recycling 44
- 3.9.1 Mechanical recycling 42
- 3.10 Life cycle assessment 45
- 3.11 Global Regulatory Landscape 46
- 3.11.1 EPR (Extended Producer Responsibility) Schemes by Region 46
- 3.11.2 Recycled Content Mandates 46
- 3.11.3 Carbon Pricing Mechanisms 47
- 3.11.4 Food Contact Approvals and Standards 47
- 3.11.5 International Trade Regulations (Basel Convention) 48
- 3.12 Technology Readiness & Commercialization 49
- 3.12.1 Technology Readiness Levels (TRL) Assessment 49
- 3.12.2 Commercialization Pathways 52
- 3.12.3 Pilot to Commercial Scale Transition 53
- 3.12.4 Technology Licensing Models 54
4 THE ADVANCED (CHEMICAL) RECYCLING MARKET 55
- 4.1 Market drivers and trends 55
- 4.1.1 Growing Environmental Concerns 55
- 4.1.2 Stringent Regulatory Policies 56
- 4.1.3 Corporate Sustainability Initiatives 58
- 4.1.4 Technological Advancements 61
- 4.1.5 Circular Economy Adoption 64
- 4.2 Market Challenges and Restraints 65
- 4.2.1 High Initial Investment Costs 65
- 4.2.2 Technical Challenges 65
- 4.2.3 Infrastructure Limitations 68
- 4.2.4 Technological Barriers 68
- 4.2.5 Supply Chain Complexities 71
- 4.2.6 Cost Competitiveness 72
- 4.3 Industry news, funding and developments 2020-2025 76
- 4.4 Capacities 86
- 4.5 Global polymer demand 2022-2040, segmented by recycling technology 88
- 4.5.1 PE 88
- 4.5.2 PP 89
- 4.5.3 PET 90
- 4.5.4 PS 91
- 4.5.5 Nylon 92
- 4.5.6 Others 93
- 4.6 Global polymer demand 2022-2040, segmented by recycling technology, by region 95
- 4.6.1 Europe 95
- 4.6.2 North America 96
- 4.6.3 South America 97
- 4.6.4 Asia 98
- 4.6.5 Oceania 99
- 4.6.6 Africa 100
- 4.7 Chemically recycled plastic products 101
- 4.8 Market map 103
- 4.9 Value chain 109
- 4.10 Life Cycle Assessments (LCA) of advanced chemical recycling processes 109
- 4.10.1 PE 110
- 4.10.2 PP 110
- 4.10.3 PET 111
- 4.11 Recycled plastic yield and cost 111
- 4.11.1 Plastic yield of each chemical recycling technologies 111
- 4.11.2 Prices 111
- 4.12 Market Analysis & Forecasts 113
- 4.12.1 Market Size and Revenue Forecasts 2026-2040 113
- 4.12.2 Revenue by Technology Type 114
- 4.12.3 Revenue by End-Use Application 115
5 ADVANCED (CHEMICAL OR FEEDSTOCK) RECYCLING TECHNOLOGIES 118
- 5.1 Applications 118
- 5.2 Current and Emerging Technologies for Chemical and Advanced Mechanical Recycling of Polymer Waste 119
- 5.3 Thermal Processes 119
- 5.3.1 Pyrolysis 119
- 5.3.1.1 Technical Process and Variations 121
- 5.3.1.2 Non-catalytic 121
- 5.3.1.3 Catalytic 122
- 5.3.1.4 Steam Cracking of Polymer Waste 124
- 5.3.1.4.1 Technology Overview 124
- 5.3.1.4.2 Process Conditions and Product Yields 125
- 5.3.1.4.3 Integration with Refineries 126
- 5.3.1.4.4 Commercial Applications 127
- 5.3.1.4.5 Polystyrene pyrolysis 128
- 5.3.1.4.6 Pyrolysis for production of bio fuel 128
- 5.3.1.4.7 Used tires pyrolysis 132
- 5.3.1.4.7.1 Conversion to biofuel 133
- 5.3.1.4.8 Co-pyrolysis of biomass and plastic wastes 134
- 5.3.1.5 Commercial Development and Investment 134
- 5.3.1.6 Challenges and Considerations 134
- 5.3.1.7 SWOT analysis 134
- 5.3.1.8 Companies and capacities 135
- 5.3.2 Gasification 136
- 5.3.2.1 Technology overview 136
- 5.3.2.1.1 Syngas conversion to methanol 137
- 5.3.2.1.2 Biomass gasification and syngas fermentation 140
- 5.3.2.1.3 Biomass gasification and syngas thermochemical conversion 140
- 5.3.2.2 Applications and Potential 140
- 5.3.2.3 Multilayer Packaging 141
- 5.3.2.4 SWOT analysis 142
- 5.3.2.5 Companies and capacities (current and planned) 142
- 5.3.2.1 Technology overview 136
- 5.3.1 Pyrolysis 119
- 5.4 Solvent-Based Recycling Technologies 144
- 5.4.1 Dissolution 144
- 5.4.1.1 Technology overview 144
- 5.4.1.2 Selective Dissolution and Precipitation 145
- 5.4.1.3 Supercritical Fluid Technologies 146
- 5.4.1.4 Advanced Solvent Systems for Mixed Plastics 146
- 5.4.1.5 Switchable Solvent Technologies 146
- 5.4.1.6 SWOT analysis 147
- 5.4.1.7 Companies and capacities (current and planned) 148
- 5.4.2 Delamination Technologies for Multilayer Packaging 149
- 5.4.2.1 Technical Approaches 150
- 5.4.2.2 Switchable Hydrophilicity Solvents (SHS) 150
- 5.4.2.3 Chemical Recycling of "Polyal" (Polyethylene-Aluminum Composites) 150
- 5.4.2.4 Delamination Process for Carton Packages 150
- 5.4.2.5 Aluminum Recovery Methods 151
- 5.4.2.6 Polyethylene Purification and Recycling 152
- 5.4.2.7 Economic and Environmental Benefits 153
- 5.4.2.8 Novel Approaches 154
- 5.4.3 Solvent-Based Plastic Recycling 155
- 5.4.3.1 Solvent Selection and Classification 155
- 5.4.3.1.1 Conventional Organic Solvents 156
- 5.4.3.1.2 Ionic Liquids 158
- 5.4.3.1.3 Supercritical Fluids 158
- 5.4.3.1.4 Deep Eutectic Solvents (DES) 159
- 5.4.3.2 Polymer-Specific Solvent Recycling 159
- 5.4.3.2.1 Polyolefin Dissolution Systems 159
- 5.4.3.2.2 Polystyrene Solvent Recovery 161
- 5.4.3.2.3 PET and Polyester Solvolysis 161
- 5.4.3.2.3.1 BHET to Cyclohexanedimethanol (CHDM) 162
- 5.4.3.2.4 Mixed Polymer Stream Processing 163
- 5.4.3.3 Solvent Recovery and Recycling Systems 163
- 5.4.3.3.1 Distillation and Purification 163
- 5.4.3.3.2 Membrane Separation Technologies 164
- 5.4.3.3.3 Economic Optimization 164
- 5.4.3.4 Environmental Considerations 165
- 5.4.3.4.1 Solvent Emissions Control 165
- 5.4.3.4.2 Waste Stream Management 165
- 5.4.3.4.3 Life Cycle Assessment of Solvent Systems 166
- 5.4.3.5 Commercial Development and Scale-Up 166
- 5.4.3.5.1 Pilot and Demonstration Plants 167
- 5.4.3.5.2 Industrial Implementation Challenges 168
- 5.4.3.5.3 Economic Viability Assessment 170
- 5.4.3.1 Solvent Selection and Classification 155
- 5.4.4 Chemical Depolymerisation 171
- 5.4.4.1 Hydrolysis 172
- 5.4.4.1.1 Technology overview 172
- 5.4.4.1.2 SWOT analysis 174
- 5.4.4.2 Enzymolysis 174
- 5.4.4.2.1 Technology overview 174
- 5.4.4.2.2 SWOT analysis 175
- 5.4.4.3 Methanolysis 176
- 5.4.4.3.1 Technology overview 176
- 5.4.4.3.2 SWOT analysis 177
- 5.4.4.4 Glycolysis 177
- 5.4.4.4.1 Technology overview 177
- 5.4.4.4.2 SWOT analysis 178
- 5.4.4.5 Aminolysis 179
- 5.4.4.5.1 Technology overview 179
- 5.4.4.5.2 SWOT analysis 179
- 5.4.4.6 Companies and capacities (current and planned) 180
- 5.4.4.1 Hydrolysis 172
- 5.4.1 Dissolution 144
- 5.5 Other advanced chemical recycling technologies 181
- 5.5.1 Hydrothermal Liquefaction (HTL) 181
- 5.5.1.1 Technical Mechanisms 181
- 5.5.1.2 Performance and Application 181
- 5.5.1.3 Commercial Development 181
- 5.5.1.4 Hydrothermal Liquefaction Targeting Multilayer Packaging Waste 181
- 5.5.2 Pyrolysis with in-line reforming 182
- 5.5.3 Microwave-assisted pyrolysis 183
- 5.5.4 Plasma pyrolysis 184
- 5.5.5 Plasma gasification 185
- 5.5.6 Carbon fiber recycling 185
- 5.5.6.1 Processes 186
- 5.5.6.2 Companies 188
- 5.5.1 Hydrothermal Liquefaction (HTL) 181
- 5.6 Advanced recycling of thermoset materials 189
- 5.6.1 Thermal recycling 190
- 5.6.1.1 Energy Recovery Combustion 190
- 5.6.1.2 Anaerobic Digestion 190
- 5.6.1.3 Pyrolysis Processing 191
- 5.6.1.4 Microwave Pyrolysis 191
- 5.6.2 Solvolysis 192
- 5.6.3 Catalyzed Glycolysis 193
- 5.6.4 Alcoholysis and Hydrolysis 194
- 5.6.5 Ionic liquids 194
- 5.6.6 Supercritical fluids 195
- 5.6.7 Plasma 196
- 5.6.8 Chemical Vapor Infiltration (CVI) 197
- 5.6.9 Companies 197
- 5.6.1 Thermal recycling 190
- 5.7 Comparison with Traditional Recycling Methods 198
- 5.7.1 Mechanical Recycling Limitations 199
- 5.7.2 Energy Efficiency Comparison 199
- 5.7.3 Quality of Output Comparison 200
- 5.7.4 Cost Analysis 201
- 5.8 Emerging Advanced Mechanical Technologies 203
- 5.8.1 Chemical Upcycling Integration 203
- 5.8.2 Computational Modelling 203
- 5.8.3 Hybrid Approaches 203
- 5.9 Environmental Impact Assessment 203
- 5.9.1 Carbon Footprint Analysis 203
- 5.9.2 Energy Consumption Assessment 204
- 5.9.3 Waste Reduction Potential 204
- 5.9.3.1 Wastewater 205
- 5.9.3.2 Atmospheric Emissions 205
- 5.9.3.3 Catalyst and Media Waste 205
- 5.9.3.4 Maintenance and Cleaning Waste 205
- 5.9.3.5 Waste Management Approaches 205
- 5.9.3.6 Regulatory Considerations and Classification 206
- 5.9.3.7 Comparative Waste Production 206
- 5.9.3.8 Environmental Impact and Future Directions 206
- 5.9.4 Sustainability Metrics 207
- 5.10 Emerging Technologies 208
- 5.10.1 AI and Machine Learning Applications 208
- 5.10.1.1 Sorting Optimization 209
- 5.10.1.2 Process Control 209
- 5.10.1.3 Quality Prediction 210
- 5.10.1.4 Maintenance Prediction 210
- 5.10.2 Robotics in Sorting 211
- 5.10.2.1 Vision Systems 211
- 5.10.2.2 Picking Mechanisms 211
- 5.10.2.3 Control Systems 212
- 5.10.2.4 Integration Methods 212
- 5.10.3 Novel Catalyst Development 213
- 5.10.3.1 Nano-catalysts 213
- 5.10.3.2 Bio-catalysts 215
- 5.10.3.3 Hybrid Catalysts 217
- 5.10.1 AI and Machine Learning Applications 208
6 MATERIALS ANALYSIS 219
- 6.1 Plastics 219
- 6.1.1 Polyethylene (PE) 219
- 6.1.1.1 HDPE Analysis 219
- 6.1.1.2 LLDPE Analysis 220
- 6.1.1.3 Recovery Methods 221
- 6.1.2 Polypropylene (PP) 222
- 6.1.2.1 Homopolymer 222
- 6.1.2.2 Copolymer 223
- 6.1.2.3 Processing Methods 223
- 6.1.2.4 Quality Grades 227
- 6.1.3 Polyethylene Terephthalate (PET) 229
- 6.1.3.1 Bottle Grade 229
- 6.1.3.2 Fiber Grade 229
- 6.1.3.3 Film Grade 230
- 6.1.3.4 Recovery Technologies 230
- 6.1.3.4.1 Advanced BHET Upgrading to Specialty Chemicals 233
- 6.1.3.4.1.1 Guerbet Reaction Pathways 233
- 6.1.3.4.1.2 Biorefinery Integration Approaches 234
- 6.1.3.4.1 Advanced BHET Upgrading to Specialty Chemicals 233
- 6.1.4 Polystyrene (PS) 234
- 6.1.4.1 General Purpose PS 234
- 6.1.4.2 High Impact PS 234
- 6.1.4.3 Expanded PS 235
- 6.1.4.4 Processing Methods 235
- 6.1.5 Other Plastics 236
- 6.1.5.1 PVC 236
- 6.1.5.2 PC 236
- 6.1.5.3 ABS 237
- 6.1.5.4 Mixed Plastics 237
- 6.1.1 Polyethylene (PE) 219
- 6.2 Metals 238
- 6.2.1 Precious Metals 240
- 6.2.1.1 Gold 240
- 6.2.1.2 Silver 240
- 6.2.1.3 Platinum Group Metals 241
- 6.2.1.4 Recovery Methods 241
- 6.2.1 Precious Metals 240
- 6.3 Base Metals 243
- 6.3.1 Copper 243
- 6.3.2 Aluminium 243
- 6.3.3 Steel 244
- 6.3.4 Processing Technologies 244
- 6.4 Rare Earth Elements 247
- 6.4.1 Light REEs 247
- 6.4.2 Heavy REEs 247
- 6.4.3 Extraction Methods 248
- 6.5 Electronic Waste 250
- 6.5.1 Circuit Boards 250
- 6.5.1.1 PCB Types 250
- 6.5.1.2 Component Separation 251
- 6.5.1.3 Metal Recovery 251
- 6.5.1.4 Waste Management 252
- 6.5.2 Batteries 252
- 6.5.2.1 Lithium-ion 252
- 6.5.2.2 Lead-acid 253
- 6.5.2.3 Nickel-based 253
- 6.5.2.4 Recovery Processes 255
- 6.5.3 Displays 257
- 6.5.3.1 LCD 257
- 6.5.3.2 LED 257
- 6.5.3.3 OLED 258
- 6.5.3.4 Material Recovery 258
- 6.5.4 Other Components 260
- 6.5.4.1 Capacitors 260
- 6.5.4.2 Resistors 260
- 6.5.4.3 Semiconductors 261
- 6.5.4.4 Connectors 261
- 6.5.1 Circuit Boards 250
- 6.6 Textiles 262
- 6.6.1 Natural Fibers 262
- 6.6.2 Cotton 262
- 6.6.3 Wool 263
- 6.6.4 Silk 263
- 6.6.5 Processing Methods 265
- 6.7 Synthetic Fibers 267
- 6.7.1 Polyester 267
- 6.7.2 Nylon 267
- 6.7.3 Acrylic 268
- 6.7.4 Recovery Technologies 269
7 END PRODUCT ANALYSIS 272
- 7.1 Chemical Feedstocks 272
- 7.1.1 Monomers 272
- 7.1.1.1 Market Drivers for Monomer Value Enhancement 276
- 7.1.1.2 Performance Premium Applications 276
- 7.1.1.3 Catalytic Upgrading Platforms 276
- 7.1.1.3.1 Heterogeneous Catalyst Development 276
- 7.1.1.3.2 Process Intensification Technologies 276
- 7.1.1.3.3 Biocatalytic Monomer Enhancement 277
- 7.1.1.3.3.1 Enzyme Engineering for Recycling Applications 277
- 7.1.1.3.3.2 Metabolic Engineering for Specialty Chemicals 277
- 7.1.2 Oligomers 277
- 7.1.3 Specialty Chemicals 280
- 7.1.1 Monomers 272
- 7.2 Fuels 280
- 7.2.1 Diesel 280
- 7.2.2 Gasoline 281
- 7.2.3 Synthetic Gas 281
- 7.3 Raw Materials 282
- 7.3.1 Recycled Plastics 282
- 7.3.2 Recovered Metals 283
- 7.3.3 Other Materials 283
- 7.4 Energy Products 284
- 7.4.1 Electricity 284
- 7.4.2 Heat 285
- 7.4.3 Biofuels 285
- 7.5 Market Analysis by Sector 287
- 7.5.1 Packaging (rigid, flexible, multilayer) 287
- 7.5.2 Automotive and Transportation 289
- 7.5.3 Building and Construction 291
- 7.5.4 Electronics and Electrical 294
- 7.5.5 Textiles and Apparel 297
- 7.5.6 Consumer Goods 300
- 7.5.7 Medical and Healthcare 303
- 7.5.8 Agriculture 306
8 SUPPLY CHAIN AND INFRASTRUCTURE 310
- 8.1 Feedstock Supply Chain 310
- 8.1.1 Waste Collection Systems 310
- 8.1.2 Sorting and Pre-processing Infrastructure 311
- 8.1.3 Quality Standards for Feedstock 313
- 8.2 Product Distribution Networks 313
- 8.3 Infrastructure Gap Analysis by Region 315
- 8.4 Circular Economy Integration 316
9 FUTURE OUTLOOK 319
- 9.1 Emerging Technologies on the Horizon 319
- 9.1.1 Biological/Enzymatic Recycling 319
- 9.1.2 Plasma-Based Technologies 320
- 9.1.2.1 Plasma Technology Types 320
- 9.1.3 AI and Digital Twin Applications 321
- 9.1.3.1 AI Applications 322
- 9.2 Market Scenarios 2030-2040 323
- 9.2.1 Best Case Scenario 323
- 9.2.2 Base Case Scenario 324
- 9.2.3 Conservative Scenario 325
- 9.3 Potential Market Disruptors 326
- 9.3.1 Negative Disruptions 327
- 9.3.2 Wild Card Scenarios 328
- 9.4 Long-term Sustainability Assessment 328
- 9.4.1 Environmental Performance 328
- 9.4.2 Economic Sustainability 329
- 9.4.3 Social Sustainability 330
- 9.4.4 Circular Economy Impact 330
10 COMPANY PROFILES 330 (191 company profiles)
11 RESEARCH METHODOLOGY 472
12 GLOSSARY OF TERMS 473
13 REFERENCES 475
List of Tables
- Table 1. Types of recycling. 31
- Table 2. Issues related to the use of plastics. 33
- Table 3. Type of biodegradation. 36
- Table 4. Overview of the recycling technologies. 41
- Table 5. Polymer types, use, and recovery. 43
- Table 6. Composition of plastic waste streams. 44
- Table 7. Comparison of mechanical and advanced chemical recycling. 44
- Table 8. Life cycle assessment of virgin plastic production, mechanical recycling and chemical recycling. 45
- Table 9. Life cycle assessment of chemical recycling technologies (pyrolysis, gasification, depolymerization and dissolution). 45
- Table 10. EPR (Extended Producer Responsibility) Schemes by Region. 46
- Table 11. Recycled content mandates. 46
- Table 12. Carbon pricing mechanisms. 47
- Table 13. Food Contact Approvals and Standards. 47
- Table 14. Technology Readiness Levels (TRL) Assessment. 49
- Table 15. Advanced chemical recycling technologies commercialization pathways. 52
- Table 16. Pilot to Commercial Scale Transition. 53
- Table 17. Technology Licensing Models. 54
- Table 18. Market drivers and trends in the advanced chemical recycling market. 55
- Table 19. Global regulations driving plastics recycling. 56
- Table 20. Corporate Sustainability Initiatives. 59
- Table 21. Technological Advancements. 62
- Table 22. Technical Challenges. 66
- Table 23. Technological Barriers. 69
- Table 24. Cost Competitiveness Analysis. 72
- Table 25. Advanced (chemical) recycling industry news, funding and developments 2020-2025. 76
- Table 26. Advanced chemical recycling capacities, by technology. 86
- Table 27. Global polymer demand 2022-2040, segmented by recycling technology for PE (million tonnes). 88
- Table 28. Global polymer demand 2022-2040, segmented by recycling technology for PP (million tonnes). 89
- Table 29. Global polymer demand 2022-2040, segmented by recycling technology for PET (million tonnes). 90
- Table 30. Global polymer demand 2022-2040, segmented by recycling technology for PS (million tonnes). 91
- Table 31. Global polymer demand 2022-2040, segmented by recycling technology for Nylon (million tonnes). 92
- Table 32. Global polymer demand 2022-2040, segmented by recycling technology for Other types (million tonnes).* 93
- Table 33. Global polymer demand in Europe, by recycling technology 2022-2040 (million tonnes). 95
- Table 34. Global polymer demand in North America, by recycling technology 2022-2040 (million tonnes). 96
- Table 35. Global polymer demand in South America, by recycling technology 2022-2040 (million tonnes). 97
- Table 36. Global polymer demand in Asia, by recycling technology 2022-2040 (million tonnes). 98
- Table 37. Global polymer demand in Oceania, by recycling technology 2022-2040 (million tonnes). 99
- Table 38. Global polymer demand in Africa, by recycling technology 2022-2040 (million tonnes). 100
- Table 39. Example chemically recycled plastic products. 101
- Table 40. Life Cycle Assessments (LCA) of Advanced chemical recycling Processes. 109
- Table 41. Life cycle assessment of mechanically versus chemically recycling polyethylene (PE). 110
- Table 42. Life cycle assessment of mechanically versus chemically recycling polypropylene (PP). 110
- Table 43. Life cycle assessment of mechanically versus chemically recycling polyethylene terephthalate (PET). 111
- Table 44. Plastic yield of each chemical recycling technologies. 111
- Table 45. Chemically recycled plastics prices in USD. 112
- Table 46. Advanced Recycling Market Size and Revenue Forecasts 2026-2040 (Millions USD). 113
- Table 47. Advanced Recycling Revenue Forecasts by Technology Type 2026-2040 (Millions USD). 114
- Table 48. Advanced Recycling Revenue Forecasts by End-Use Application 2026-2040 (Millions USD). 115
- Table 49. Applications of chemically recycled materials. 118
- Table 50. Current and Emerging Technologies for Chemical and Advanced Mechanical Recycling of Polymer Waste. 119
- Table 51. Pyrolysis Technology Comparison for Multilayer Packaging Processing. 121
- Table 52. Summary of non-catalytic pyrolysis technologies. 121
- Table 53. Summary of catalytic pyrolysis technologies. 122
- Table 54. Steam Cracking Technology Specifications for Polymer Waste Processing. 125
- Table 55. Product Yields and Quality Specifications for Polymer Waste Steam Cracking. 126
- Table 56. Refinery Integration Requirements for Polymer Waste Steam Cracking. 127
- Table 57. Commercial Steam Cracking Applications for Polymer Waste Processing. 128
- Table 58. Summary of pyrolysis technique under different operating conditions. 130
- Table 59. Biomass materials and their bio-oil yield. 131
- Table 60. Biofuel production cost from the biomass pyrolysis process. 131
- Table 61. Pyrolysis companies and plant capacities, current and planned. 135
- Table 62. Summary of gasification technologies. 136
- Table 63. Gasification Technology Specifications for Multilayer Packaging Waste. 141
- Table 64. Advanced recycling (Gasification) companies. 142
- Table 65. Summary of dissolution technologies. 144
- Table 66. Dissolution Technology Performance for Multilayer Packaging Recycling. 145
- Table 67. Switchable Solvent Technologies. 147
- Table 68. Advanced recycling (Dissolution) companies 148
- Table 69. Delamination Method Performance for Multilayer Packaging Separation. 149
- Table 70. Aluminum Recovery Methods. 152
- Table 71. Economic and Environmental Benefits of Delamination Technologies. 153
- Table 72. Novel Approaches in Delamination Technologies - Comprehensive Analysis 154
- Table 73. Primary Solvent Categories and Applications. 156
- Table 74. Process Economics and Operating Parameters. 157
- Table 75. Solvent Recovery and Recycling Systems. 157
- Table 76. Polyolefin Dissolution Systems. 160
- Table 77. Solvent System Performance Comparison. 161
- Table 78. Membrane separation technologies. 164
- Table 79. Life cycle assessment (LCA) of solvent systems. 166
- Table 80. Commercial Development and Scale-Up. 167
- Table 81. Pilot and Demonstration Plants. 167
- Table 82. Industrial Implementation Challenges. 168
- Table 83. Technical Implementation Barriers. 169
- Table 84. Economic Implementation Barriers. 169
- Table 85. Economic Viability Assessment. 170
- Table 86. Technology-Specific Economics 170
- Table 87. Depolymerisation processes for PET, PU, PC and PA, products and yields. 172
- Table 88. Summary of hydrolysis technologies-feedstocks, process, outputs, commercial maturity and technology developers. 172
- Table 89. Summary of Enzymolysis technologies-feedstocks, process, outputs, commercial maturity and technology developers. 174
- Table 90. Summary of methanolysis technologies-feedstocks, process, outputs, commercial maturity and technology developers. 176
- Table 91. Summary of glycolysis technologies-feedstocks, process, outputs, commercial maturity and technology developers. 177
- Table 92. Summary of aminolysis technologies. 179
- Table 93. Advanced recycling (Depolymerisation) companies and capacities (current and planned). 180
- Table 94. Hydrothermal Liquefaction Operating Parameters for Multilayer Packaging. 182
- Table 95. Overview of Pyrolysis with in-line reforming for advanced chemical recycling. 182
- Table 96. Overview of microwave-assisted pyrolysis for advanced chemical recycling. 183
- Table 97. Overview of plasma pyrolysis for advanced chemical recycling. 184
- Table 98. Overview of plasma gasification for advanced chemical recycling. 185
- Table 99. Summary of carbon fiber (CF) recycling technologies. Advantages and disadvantages. 186
- Table 100. Retention rate of tensile properties of recovered carbon fibres by different recycling processes. 187
- Table 101. Recycled carbon fiber producers, technology and capacity. 188
- Table 102. Advanced Recycling Technologies for Specialized Packaging Applications. 189
- Table 103. Current thermoset recycling routes. 189
- Table 104. Companies developing advanced thermoset recycing routes. 197
- Table 105. Comparison of Advanced Chemical Recycling with Traditional Recycling Methods. 198
- Table 106. Energy Efficiency Comparison: Advanced Chemical Recycling vs. Mechanical Recycling 199
- Table 107. Quality of Output Comparison. 200
- Table 108. Cost Analysis of advanced plastic recycling versus traditional recycling methods. 201
- Table 109. Carbon Footprint Analysis. 203
- Table 110. Energy Consumption Assessment. 204
- Table 111. Sustainability Metrics. 207
- Table 112. AI and Machine Learning Applications. 208
- Table 113. Types of Nano-catalysts. 214
- Table 114. Types of bio-catalysts. 216
- Table 115. Advanced polyethylene recovery methods. 221
- Table 116. Polypropylene processing methods for chemical recycling. 225
- Table 117. PP Quality Grades from Chemical Recycling. 227
- Table 118. Advanced PET recovery technologies . 231
- Table 119. BHET Upgrading Technologies: Process Comparison. 233
- Table 120. Advanced chemical recycling of metals. 238
- Table 121. Precious metals recovery methods. 241
- Table 122. Advanced processing technologies for base metal recycling . 245
- Table 123. Rare Earth Elements Extraction Methods. 248
- Table 124. Recovery Processes for Batteries. 255
- Table 125. Advanced technologies for materials recovery in displays. 258
- Table 126. Processing Methods for Natural Fiber Recycling. 265
- Table 127. Recovery Technologies for Synthetic Fibers 269
- Table 128. Monomers from chemical recycling. 273
- Table 129. Oligomers from advanced recycling. 279
- Table 130. Advanced chemical recycling for Packaging (rigid, flexible, multilayer). 287
- Table 131. Advanced chemical recycling for Automotive and Transportation. 290
- Table 132. Advanced chemical recycling for Building and Construction. 292
- Table 133. Advanced chemical recycling for Electronics and Electrical. 294
- Table 134. Advanced chemical recycling for Textiles and Apparel. 297
- Table 135. Advanced chemical recycling for Consumer Goods. 301
- Table 136. Advanced chemical recycling for Medical and Healthcare. 304
- Table 137. Advanced chemical recycling for Agriculture. 306
- Table 138. Collection System Types. 310
- Table 139. Advanced Sorting Technologies. 311
- Table 140. Feedstock Quality Requirements by Technology: 313
- Table 141. Infrastructure Gap Analysis by Region. 315
- Table 142. Enzyme Classes and Applications/ 319
- Table 143. AI Application Areas. 321
List of Figures
- Figure 1. Global plastics production 1950-2021, millions of tonnes. 32
- Figure 2. Coca-Cola PlantBottle®. 34
- Figure 3. Interrelationship between conventional, bio-based and biodegradable plastics. 35
- Figure 4. Global production, use, and fate of polymer resins, synthetic fibers, and additives. 37
- Figure 5. The circular plastic economy. 39
- Figure 6. Current management systems for waste plastics. 40
- Figure 7. Overview of the different circular pathways for plastics. 41
- Figure 8. Global polymer demand 2022-2040, segmented by recycling technology for PE (million tonnes). 89
- Figure 9. Global polymer demand 2022-2040, segmented by recycling technology for PP (million tonnes). 90
- Figure 10. Global polymer demand 2022-2040, segmented by recycling technology for PET (million tonnes). 91
- Figure 11. Global polymer demand 2022-2040, segmented by recycling technology for PS (million tonnes). 92
- Figure 12. Global polymer demand 2022-2040, segmented by recycling technology for Nylon (million tonnes). 93
- Figure 13. Global polymer demand 2022-2040, segmented by recycling technology for Other types (million tonnes). 94
- Figure 14. Global polymer demand in Europe, by recycling technology 2022-2040 (million tonnes). 95
- Figure 15. Global polymer demand in North America, by recycling technology 2022-2040 (million tonnes). 96
- Figure 16. Global polymer demand in South America, by recycling technology 2022-2040 (million tonnes). 97
- Figure 17. Global polymer demand in Asia, by recycling technology 2022-2040 (million tonnes). 98
- Figure 18. Global polymer demand in Oceania, by recycling technology 2022-2040 (million tonnes). 99
- Figure 19. Global polymer demand in Africa, by recycling technology 2022-2040 (million tonnes). 100
- Figure 20. Market map for advanced chemical recycling. 108
- Figure 21. Value chain for advanced chemical recycling market. 109
- Figure 22. Advanced Recycling Market Size and Revenue Forecasts 2026-2040 (Millions USD). 114
- Figure 23. Advanced Recycling Revenue Forecasts by End-Use Application 2026-2040 (Millions USD). 117
- Figure 24. Schematic layout of a pyrolysis plant. 120
- Figure 25. Waste plastic production pathways to (A) diesel and (B) gasoline 129
- Figure 26. Schematic for Pyrolysis of Scrap Tires. 132
- Figure 27. Used tires conversion process. 133
- Figure 28. SWOT analysis-pyrolysis for advanced recycling. 135
- Figure 29. Total syngas market by product in MM Nm³/h of Syngas. 137
- Figure 30. Overview of biogas utilization. 138
- Figure 31. Biogas and biomethane pathways. 139
- Figure 32. SWOT analysis-gasification for advanced recycling. 142
- Figure 33. SWOT analysis-dissoluton for advanced recycling. 148
- Figure 34. Products obtained through the different solvolysis pathways of PET, PU, and PA. 171
- Figure 35. SWOT analysis-Hydrolysis for advanced chemical recycling. 174
- Figure 36. SWOT analysis-Enzymolysis for advanced chemical recycling. 175
- Figure 37. SWOT analysis-Methanolysis for advanced chemical recycling. 177
- Figure 38. SWOT analysis-Glycolysis for advanced chemical recycling. 178
- Figure 39. SWOT analysis-Aminolysis for advanced chemical recycling. 179
- Figure 40. Alterra’s Akron Plant in Ohio. 335
- Figure 41. ChemCyclingTM prototypes. 343
- Figure 42. ChemCycling circle by BASF. 343
- Figure 43. Recycled carbon fibers obtained through the R3FIBER process. 345
- Figure 44. Cassandra Oil process. 356
- Figure 45. CuRe Technology process. 363
- Figure 46. MoReTec. 406
- Figure 47. Chemical decomposition process of polyurethane foam. 410
- Figure 48. OMV ReOil process. 419
- Figure 49. Schematic Process of Plastic Energy’s TAC Chemical Recycling. 423
- Figure 50. Easy-tear film material from recycled material. 444
- Figure 51. Polyester fabric made from recycled monomers. 448
- Figure 52. A sheet of acrylic resin made from conventional, fossil resource-derived MMA monomer (left) and a sheet of acrylic resin made from chemically recycled MMA monomer (right). 458
- Figure 53. Teijin Frontier Co., Ltd. Depolymerisation process. 462
- Figure 54. The Velocys process. 467
- Figure 55. The Proesa® Process. 469
- Figure 56. Worn Again products. 470
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- Mid-year Update
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