Report Description Table of Contents The circular polymer market in 2023 was worth USD 72.15 billion and is expected to be worth USD 159.79 billion by 2030, expanding at a CAGR of 10.45% during the forecast period. The circular polymer market is driven by the rising demand for an environmentally sustainable and low on plastics world. More than 8 million tonnes of plastics are thrown into oceans yearly, and therefore, there is increased demand for circular polymers that are generated through the recycling of plastics. This has led governments and companies to set targets to reduce their use of virgin plastics and advance towards a circular economy. Similarly, in Europe, the EU recently planned to recycle 55% of plastic packaging waste by the year 2030, which spurred the use of circular polymers. Recent developments include global players such as Unilever and Coca-Cola using circular polymers in their packaging systems as part of sustainable packaging solutions. BASF has also bet on technologies reusing post-consumer plastic waste to produce virgin-like circular polymers. Such trends are widespread in the packaging, automotive, and consumer goods industries since organizations work to fulfill Greetings for finding the appropriate regulations and consumers’ desires for environmentally friendly products. This market is extensive and promising due to the current global trend of circularity and the increasing use of recycling technologies in various industries. The global market for recycled plastics is projected to grow by 40% in the next 10 years, and the supply chains are looking for circular polymers to replace virgin plastic and meet their sustainable objectives. For instance, Nestlé recently wanted to ensure they have 100% recycled or reusable packaging by 2025, thus creating demand for polymers that are circular. Another emergent issue involves making circular polymers from recycled plastics for consumer goods by Dow through the partnership with Fuenix Ecogy. The cyclic polymers opportunity is very large and especially so since industries such as packaging and automotive are increasingly turning to green options as they face tighter environmental laws. Market Segmentation Polymer Type Outlook Polypropylene (PP) Polyethylene (PE) Polyethylene Terephthalate (PET) Polyamide (PA) Polyvinyl Chloride (PVC) Others Form Outlook Flakes Pellets Application Outlook Adhesives & sealants Wires & cables Food packaging Interior & exterior components Others End-use Outlook Building & construction Packaging Electrical & electronics Automotive Others By Region North America US Mexico Canada Rest of North America Europe Switzerland Russia France Germany U.K Finland Turkey Netherlands Belgium Spain Italy Rest of Europe Asia Pacific India China South Korea Japan Singapore Thailand Indonesia Malaysia Philippines Australia Rest of Asia-Pacific LAMEA Brazil Argentina Uruguay Saudi Arabia Rest of LAMEA The Asia-Pacific region is currently dominating the circular polymer market, driven by its large-scale plastic production and consumption, particularly in China and India. The region accounted for over 45% of the global market share in 2023, largely due to the increasing demand for sustainable packaging and government policies pushing for recycled plastics. Recent developments include China's "National Sword" policy, which restricts waste imports and has accelerated the growth of domestic recycling. Companies like SABIC have invested heavily in chemical recycling technologies in the region, contributing to the advancement of circular polymer solutions. Key Players SABIC BASF SE Dow Inc. Eastman Chemical Company LyondellBasell Industries Neste Borealis AG Veolia Loop Industries Plastic Energy Frequently Asked Question About This Report . Table of Contents 1. CIRCULAR POLYMER MARKET – PRODUCTION VOLUME BY REGION, (2024 – 2030) 1.1. North America 1.2. Europe 1.3. Asia Pacific 1.4. Latin America 1.5. Middle East & Africa 2. CIRCULAR POLYMER MARKET – REVENUE ($MILLION), BY REGION, (2024 – 2030) 2.1. North America 2.2. Europe 2.3. Asia Pacific 2.4. Latin America 2.5. Middle East & Africa 3. MARKET SHARE ANALYSIS – CIRCULAR POLYMER MARKET 3.1. Top 20 Players with Product Mix, Revenue, and Sales Volume 3.2. Market Share, 2023 3.3. Market By Polymer Type and End Use Outlook Analysis 4. HISTORIC TRENDS IN CIRCULAR POLYMER MARKET 5. EMERGING MARKET TRENDS 6. NORTH AMERICA CIRCULAR POLYMER MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS) 6.1. North America Circular Polymer Historical Market ($MILLION), (2017 – 2023) 6.2. North America Circular Polymer Market ($MILLION) and Forecasts (2024 – 2030) 6.3. North America Circular Polymer Market Type ($MILLION), and Forecasts (2024 – 2030), By Polymer Type 6.3.1. Polypropylene (PP) 6.3.2. Polyethylene (PE) 6.3.3. Polyethylene Terephthalate (PET) 6.3.4. Polyamide (PA) 6.3.5. Polyvinyl Chloride (PVC) 6.3.6. Others 6.4. North America Circular Polymer Market Type ($MILLION), and Forecasts (2024 – 2030), By Form 6.4.1. Flakes 6.4.2. Pellets 6.5. North America Circular Polymer Market Type ($MILLION), and Forecasts (2024 – 2030), By Application 6.5.1. Adhesives & sealants 6.5.2. Wires & cables 6.5.3. Food packaging 6.5.4. Interior & exterior components 6.5.5. Others 6.6. North America Circular Polymer Market Type ($MILLION), and Forecasts (2024 – 2030), By End-Use 6.6.1. Building & construction 6.6.2. Packaging 6.6.3. Electrical & electronics 6.6.4. Automotive 6.6.5. Others 6.7. North America Circular Polymer Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography 6.7.1. USA 6.7.2. Canada 6.7.3. Rest of North America 7. USA CIRCULAR POLYMER MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS) 8. EUROPE CIRCULAR POLYMER MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS) 8.1. Europe Circular Polymer Historical Market ($MILLION), (2017 – 2023) 8.2. Europe Circular Polymer Market ($MILLION) and Forecasts (2024 – 2030) 8.3. Europe Circular Polymer Market Type ($MILLION), and Forecasts (2024 – 2030), By Polymer Type 8.4. Europe Circular Polymer Market Type ($MILLION), and Forecasts (2024 – 2030), By Form 8.5. Europe Circular Polymer Market Type ($MILLION), and Forecasts (2024 – 2030), By Application 8.6. Europe Circular Polymer Market Type ($MILLION), and Forecasts (2024 – 2030), By End-Use 8.7. Europe Circular Polymer Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography 8.7.1. Germany 8.7.2. France 8.7.3. UK 8.7.4. Italy 8.7.5. Spain 8.7.6. Rest of Europe 9. APAC CIRCULAR POLYMER MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS) 9.1. APAC Circular Polymer Historical Market ($MILLION), (2017 – 2023) 9.2. APAC Circular Polymer Market ($MILLION) and Forecasts (2024 – 2030) 9.3. APAC Circular Polymer Market Type ($MILLION), and Forecasts (2024 – 2030), By Polymer Type 9.4. APAC Circular Polymer Market Type ($MILLION), and Forecasts (2024 – 2030), By Form 9.5. APAC Circular Polymer Market Type ($MILLION), and Forecasts (2024 – 2030), By Application 9.6. APAC Circular Polymer Market Type ($MILLION), and Forecasts (2024 – 2030), By End-Use 9.7. APAC Circular Polymer Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography 9.7.1. China 9.7.2. Japan 9.7.3. South Korea 9.7.4. India 9.7.5. Australia 9.7.6. Rest of APAC 10. LATIN AMERICA CIRCULAR POLYMER MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS) 10.1. Latin America Circular Polymer Historical Market ($MILLION), (2017 – 2023) 10.2. Latin America Circular Polymer Market ($MILLION) and Forecasts (2024 – 2030) 10.3. Latin America Circular Polymer Market Type ($MILLION), and Forecasts (2024 – 2030), By Polymer Type 10.4. Latin America Circular Polymer Market Type ($MILLION), and Forecasts (2024 – 2030), By Form 10.5. Latin America Circular Polymer Market Type ($MILLION), and Forecasts (2024 – 2030), By Application 10.6. Latin America Circular Polymer Market Type ($MILLION), and Forecasts (2024 – 2030), By End-Use 10.7. Latin America Circular Polymer Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography 10.7.1. Brazil 10.7.2. Argentina 10.7.3. Rest of Latin America 11. COMPANY PROFILES: 11.1. SABIC 11.1.1. Company Overview 11.1.2. Company Snapshot 11.1.3. Operating business segments 11.1.4. Product offered and Revenue 11.1.5. Production & Sales 11.2. BASF SE 11.3. Dow Inc. 11.4. Eastman Chemical Company 11.5. LyondellBasell Industries 11.6. Neste 11.7. Borealis AG 11.8. OTHER MARKET PLAYERS