World’s Top 20 Companies in Engineering Plastic Recycling Market 2025 Watchlist: Statistical Report (2024–2035)
RELEASE DATE: Sep 2025 Author: Spherical InsightsRequest Free Sample Speak to Analyst
Description
According to a research report published by Spherical Insights & Consulting, The Global Engineering Plastic Recycling Market Size is projected To Grow from USD 70.15 Billion in 2024 to USD 164.55 Billion by 2035, at a CAGR of 8.06% during the forecast period 2025–2035. The market growth is prompted by a growing need for eco-friendly materials in the automotive, electronics, and packaging sectors, alongside more stringent environmental regulations.
Introduction
The Engineering Plastics Recycling Market Size pertains to the industry dedicated to the collection, processing, and repurposing of engineering plastics, high-performance polymers valued for their robustness, longevity, and thermal resistance in challenging industrial settings. Recycling plastic means transforming discarded plastic materials into new products. When executed properly, this can reduce the demand for landfill areas, preserve resources, and protect the ecosystem from plastic waste and greenhouse gas emissions. Important engineering plastics consist of polycarbonate, polyethylene terephthalate (PET), ABS, polyamide (nylon), and various specialty polymers, which are extensively utilized in automotive, electronics, aerospace, packaging, construction, and consumer goods industries. Recycled engineering plastics find use in auto parts, electronic components, construction materials, and packaging, illustrating a significant industry movement towards sustainability and the global embrace of circular economy strategies.
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Engineering Plastic Recycling Market Size & Statistics
- The Market Size for Engineering Plastic Recycling Was Estimated to be worth USD 70.15 Billion in 2024.
- The Market Size is Going to Expand at a CAGR of 8.06% between 2025 and 2035.
- The Global Engineering Plastic Recycling Market Size is anticipated to reach USD 164.55 Billion by 2035.
- Asia Pacific is anticipated to generate the highest demand during the forecast period in The Engineering Plastic Recycling Market.
- Europe is projected to grow the fastest during the forecast period in The Engineering Plastic Recycling Market.
Regional growth and demand
Europe is anticipated to grow at the fastest CAGR over the forecast period in the engineering plastic recycling market.
The economy of Germany ranks as the fifth largest globally and is the largest in Europe. The key local manufacturers and increased government spending, a thriving construction sector, and robust private consumption bolstered growth. Germany's packaging industry has been rapidly growing because of substantial domestic e-commerce growth and rising foreign exports. Moreover, the inclination towards packaged food and beverages aided its growth. The request for advanced packaging rose in Germany owing to the positive trends in the packaging sector and the government's emphasis on PET recycling, which is expected to boost the market growth.
Asia Pacific is expected to generate the highest demand during the forecast period in the engineering plastic recycling market.
China possesses the highest GDP in the region and is a major consumer of PET. This is because of raw materials and inexpensive production expenses; the country's engineering plastics manufacturing has increased in recent years. Further, China possesses the second-largest industry for packaging. Moreover, the growth of personalized packaging in food sectors such as microwave meals, snacks, and frozen items is due to modern technology and its benefits compared to conventional plastic packaging.
Top 10 Trends in the Engineering Plastic Recycling Market
- Expansion of Chemical Recycling
- Advanced AI and Automated Sorting
- Decarbonization and Reduced Emissions
- Traceability and Transparency via Blockchain
- Growth in Circular Economy Partnerships
- Innovative Depolymerization and Pyrolysis
- Product Design for Recycling
- Growth in Electric Vehicles & Electronics Recycling
- Mechanical Recycling Enhancements
- Regulatory Push and Extended Producer Responsibility
1. Expansion of Chemical Recycling
Chemical recycling allows for the handling of mixed, multi-layered, and degraded engineering plastics, generating superior feedstock for new materials and broadening recyclable streams.
2. Advanced AI and Automated Sorting
AI-powered sorting, robotics, and sensor technologies are improving the effectiveness and precision of plastic sorting, minimizing contamination and elevating the quality of recycled engineering plastics.
3. Decarbonization and Reduced Emissions
Recyclers of engineering plastics are putting money into cleaner methods and renewable energy to reduce emissions throughout the recycling process, complying with ever-tightening environmental regulations.
4. Traceability and Transparency via Blockchain
Blockchain technology and sophisticated traceability systems enable comprehensive tracking of recycled plastic movements, fostering confidence in recycled materials for consumers and regulatory bodies.
5. Growth in Circular Economy Partnerships
Producers are establishing strategic partnerships with recyclers and technology firms to enable closed-loop systems and enhance the use of recycled resin in automotive, electronics, and other sectors.
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Stay informed with the latest industry insights and market trends to identify new opportunities and drive growth in the engineering plastic recycling market. To explore more in-depth trends, insights, and forecasts, please refer to our detailed report.
Top 20 Companies Leading the Engineering Plastic Recycling Market
- EF Plastics UK Limited
- Euresi Plastics SL
- Kuusakoski
- MBA Polymers Inc.
- Mumford Industries
- Pistoni Srl
- PolyClean Technologies
- Teijin Limited
- Alpek Polyester
- Centriforce Products Limited
- Clean Tech UK Ltd
- Far Eastern New Century Corporation
- Foss Performance Materials
- Indorama Ventures Public Company Limited
- JFC Group
- Lotte Chemical Corporation
- PETCO
- Placon
- PolyQuest
- Reliance Industries Limited
1. EF Plastics UK Limited
Headquarters: Thetford, United Kingdom
The business collaborates closely with a network of recycling organizations, waste management companies, and industrial and manufacturing enterprises. Its main service involves gathering surplus plastic waste, which it subsequently processes. EF Plastics UK trades a diverse range of plastic materials, both within the country and internationally. EF Plastics primarily acts as an essential connection between waste producers (such as manufacturers) and recyclers. It manages the early phases of the recycling process for these specialized materials, covering sorting, collection, and preliminary processing (such as shredding or granulating), preparing the material for a secondary market. This is an essential process since these materials frequently appear in mixed loads and need specific sorting and processing to hold value.
2. Euresi Plastics SL
Headquarters: Barcelona, Spain
The business model of the company centers on waste management, specializing in the recycling and trading of plastics, metals, and their byproducts. Euresi serves as a crucial intermediary or broker in the international plastic recycling market, linking suppliers of plastic waste to buyers and re-processors. Euresi Plastics SL is a focused participant in the market for recycling engineering plastics. Although numerous recyclers concentrate on typical consumer plastics such as PET and HDPE, Euresi clearly mentions that it manages a diverse array of engineering-grade plastics. A large portion of Euresi's operations involves the global trade of plastic waste. This indicates that the company caters to an international market for recycled engineering plastics, which are utilized by manufacturers to produce new products.
3. Kuusakoski
Headquarters: Espoo, Finland
Kuusakoski Group Oy is a Finnish family-owned firm and a worldwide leader in the metal recycling industry. Established in 1914. The organization has a rich history of leading and innovating in the recycling of different materials. The company's business model revolves around gathering, processing, and refining waste materials, mainly metals, to create new raw materials for industrial applications. While it is mainly recognized for metal recycling, the company has broadened its skills to encompass other materials, including plastics, particularly those present in Waste Electrical and Electronic Equipment (WEEE).
4. MBA Polymers Inc.
Headquarters: New Jersey, USA
MBA Polymers is acclaimed for its unique, cutting-edge, and highly automated recycling method that is capable of extracting pure, high-grade plastic resins from some of the most intricate waste streams. MBA Polymers specializes in collecting and processing post-consumer plastics from long-lasting products, mainly derived from Waste Electrical and Electronic Equipment (WEEE) and Automotive Shredder Residue (ASR) from disposed vehicles. It subsequently sells the high-quality, reprocessed engineering-grade plastic pellets to manufacturers for use in new products. MBA Polymers is a key and highly specialized participant in the engineering plastics recycling sector. Its business model focuses on the valuable properties of these materials and the technical difficulties involved in recycling them from intricate sources.
5. Mumford Industries
Headquarters: South Carolina, USA
Mumford Industries, Inc. is an American private firm focused on recycling industrial plastics and providing waste solutions and established in 1995. The firm functions as a comprehensive recycling and reprocessing company, concentrating on post-industrial plastics and offering numerous services to assist manufacturers in managing their waste and attaining corporate sustainability objectives. Mumford Industries' approach focuses on delivering closed-loop and circular economy options for its customers. They collaborate with manufacturers to gather their post-industrial plastic waste, reprocess it, and, in certain instances, sell the reprocessed material back to the original client for use as a raw material.
Are you ready to discover more about the engineering plastic recycling market?
The report provides an in-depth analysis of the leading companies operating in the global engineering plastic recycling market. It includes a comparative assessment based on their product portfolios, business overviews, geographical footprint, strategic initiatives, market segment share, and SWOT analysis. Each company is profiled using a standardized format that includes:
Company Profiles
- Blue Yonder
- Business Overview
- Company Snapshot
- Products Overview
- Company Market Share Analysis
- Company Coverage Portfolio
- Financial Analysis
- Recent Developments
- Merger and Acquisitions
- SWOT Analysis
- EF Plastics UK Limited
- Euresi Plastics SL
- Kuusakoski
- MBA Polymers Inc.
- Mumford Industries
- Pistoni Srl
- PolyClean Technologies
- Teijin Limited
- Alpek Polyester
- Centriforce Products Limited
- Clean Tech UK Ltd
- Far Eastern New Century Corporation
- Foss Performance Materials
- Indorama Ventures Public Company Limited
- JFC Group
- Lotte Chemical Corporation
- PETCO
- Placon
- PolyQuest
- Reliance Industries Limited
- Others.
Conclusion
The Engineering Plastic Recycling Market Size is set for considerable growth, with estimates indicating an increase from roughly USD 70 billion in 2024 to around USD 164.5 billion by 2035, achieving a CAGR of approximately 8.06%. This strong growth is mainly fueled by rising demand for sustainable and high-performance materials in the automotive, electronics, aerospace, packaging, and construction industries. The worldwide focus on sustainability and circular economy concepts prompts a faster embrace of recycled engineering plastics. Prominent companies such as EF Plastics UK Limited, Euresi Plastics SL, Kuusakoski, MBA Polymers, Mumford Industries, and Teijin Limited excel in gathering, processing, and supplying top-notch recycled engineering plastics, allowing manufacturers to use recycled materials without sacrificing performance.
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