PUBLISHER: Grand View Research | PRODUCT CODE: 1908590
PUBLISHER: Grand View Research | PRODUCT CODE: 1908590
The global recycled plastics market size was estimated at USD 60.76 billion in 2025 and is projected to reach USD 132.33 billion by 2033, growing at a CAGR of 10.4% from 2026 to 2033. The increasing consumption of plastic in the production of lightweight components, which are utilized in various industries such as building & construction, automotive, electrical & electronics, and others, is expected to drive the growth of recycled plastics demand over the forecast period.
The growth of the construction industry in emerging economies, such as Brazil, China, India, and Mexico, is expected to drive demand for recycled plastics in the manufacturing of components like insulation, fixtures, structural lumber, windows, fences, and other materials over the forecast period.
The growth of recycled plastic in the building & construction market can be attributed to increased foreign investment in these countries' construction industry, owing to the easing of FDI norms and requirements for the redevelopment of public and industrial infrastructure.
Global Recycled Plastics Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For the purpose of this study, Grand View Research has segmented the global recycled plastics market report based on the product, source, application, and region: