Need help finding what you are looking for?
Contact Us
PUBLISHER: IMARC | PRODUCT CODE: 1753895
PUBLISHER: IMARC | PRODUCT CODE: 1753895
India Waste Plastic Recycling Market Report by Treatment, Material, Application, Recycling Process, and Region 2025-2033
PUBLISHED:
PAGES: 119 Pages
DELIVERY TIME: 2-3 business days
SELECT AN OPTION
The India waste plastic recycling market size reached 10.9 Million Tons in 2024. Looking forward, IMARC Group expects the market to reach 25.4 Million Tons by 2033, exhibiting a growth rate (CAGR) of 9.37% during 2025-2033. The increasing use of recycled plastic in the packaging industry, rising focus on sustainable lifestyle, and favorable initiatives by the Government for recycling waste plastic represent some of the key factors driving the market.
Increasing Use of Recycled Plastic in Packaging Industry Fostering Market Growth
The India waste plastic recycling market is experiencing continuous growth on account of the increasing use of recycled plastic in the food and beverage (F&B) packaging industry. The rising working population is resulting in the escalating demand for convenience and ready-to-eat (RTE) food. Moreover, due to rising environmental concerns leading market players and packaging companies are focusing on introducing recyclable packaging. Apart from this, individuals are adopting eco-friendly packaging prepared with non-toxic, durable, and recycled materials.
Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. The market structure is fragmented with several small and large players operating in the industry due to low entry and exit barriers of entering the market. The volume of new entrants is strong in the India waste plastic recycling industry due to favorable government initiatives that support start-ups with innovative technology and low switching cost.
What is Waste Plastic Recycling?
Waste plastic recycling refers to the process of collecting and reprocessing plastic waste into new products. It prevents environmental pollution and helps conserve energy and natural resources. It also aids in reducing energy consumption and greenhouse gas (GHG) emissions, as it takes less energy to recycle plastic. It is cost-effective as compared to plastic made from raw materials. Moreover, it creates various job opportunities, such as collection, sorting, processing, and manufacturing, in the recycling industry.
COVID-19 Impact:
The COVID-19 pandemic had a positive impact on the India plastic waste generation market. During the outbreak, the demand for face shields, gloves, takeaway food containers, and bubble wrap surged. Moreover, the mandatory use of personal protective equipment (PPE) by frontline workers significantly contributed to the plastic waste generation market in India. However, the volume of waste collected and sorted has fallen drastically and demand for recycled plastic has dropped in India. Apart from this, the closure of hotels and restaurants further caused serious disturbances in the waste plastic recycling market. Furthermore, the labor shortage has also blighted the sector, as most workers left the cities to move back to their homes in the countryside.
India Waste Plastic Recycling Market Trends:
At present, the flourishing automotive industry and the increasing number of auto parts and components prepared using recycled plastics represent one of the key factors positively influencing the market across India. In addition, the growing awareness among people about the harmful effects of plastic on the environment is catalyzing the demand for waste plastic recycling in the country. Apart from this, the Government of India (GoI) is undertaking plastic waste management (PWM) initiatives and introducing a ban on single-use plastic. This, in confluence with favorable initiatives to recycle plastic waste by the department of science and technology (DST), is stimulating the growth of the market across the country.
Key Market Segmentation:
Treatment Insights:
- Co-Processing
- Heat Compression
- Pyrolysis
- Landfill
- Incineration
- Others
Material Insights:
- Poly Vinyl Chloride (PVC)
- Low-Density Polyethylene (LDPE)
- High-Density Polyethylene (HDPE)
- Polyethylene Terephthalate (PET)
- Polypropylene (PP)
- Acrylonitrile Butadiene Styrene (ABS)
- Others
Application Insights:
- Packaging
- Construction
- Textile
- Automotive
- Others
Recycling Process Insights:
- Mechanical
- Others
Regional Insights:
- North India
- West and Central India
- South India
- East India
- The report has also provided a comprehensive analysis of all the major regional markets, which include North India, West and Central India, South India, and East India. According to the report, North India was the largest market for waste plastic recycling in India. Some of the factors driving the North India waste plastic recycling market included the rising awareness among people about the harmful effects of using plastic on the environment. In addition, the expansion of e-commerce brands and distribution channels, and the growing utilization of recycled plastic in North India are catalyzing the demand for waste plastic recycling in North India.
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the India waste plastic recycling market. Some of the companies covered in the report include:
- A1 Impex
- Addonn Polycomponds Private Limited
- GD Plast
- Gravita India Limited
- Jairam Plastic Industries
- Key Exports
- Luckystar International Pvt. Ltd.
- Manjushree Technopack Limited (AI Lenarco Midco Limited)
- Parkash Plastic
- Polyraw Enterprises
- R.B. Polymers
- Yadav Infrapolymers Private Limited
- Please note that this only represents a partial list of companies, and the complete list has been provided in the report.
Key Questions Answered in This Report
- 1.What was the size of the India waste plastic recycling market in 2024?
- 2.What is the expected growth rate of the India waste plastic recycling market during 2025-2033?
- 3.What are the key factors driving the India waste plastic recycling market?
- 4.What has been the impact of COVID-19 on the India waste plastic recycling market?
- 5.What is the breakup of the India waste plastic recycling market based on the treatment?
- 6.What is the breakup of the India waste plastic recycling market based on the material?
- 7.What is the breakup of the India waste plastic recycling market based on the application?
- 8.What is the breakup of the India waste plastic recycling market based on the recycling process?
- 9.What are the key regions in the India waste plastic recycling market?
- 10.Who are the key players/companies in the India waste plastic recycling market?
Product Code: SR112025A5056
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 India Waste Plastic Recycling Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 India Plastic Recycling Capacity
- 6.1 Market Trends
- 6.2 Market Forecast
7 India Waste Plastic Generated
- 7.1 Market Trends
- 7.2 Market Forecast
8 Market Breakup by Treatment
- 8.1 Co-Processing
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Heat Compression
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Pyrolysis
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Landfill
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 Incineration
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
- 8.6 Others
- 8.6.1 Market Trends
- 8.6.2 Market Forecast
9 Market Breakup by Material
- 9.1 Poly Vinyl Chloride (PVC)
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.1.3 Market Breakup by Application
- 9.2 Low-Density Polyethylene (LDPE)
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.2.3 Market Breakup by Application
- 9.3 High-Density Polyethylene (HDPE)
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
- 9.3.3 Market Breakup by Application
- 9.4 Polyethylene Terephthalate (PET)
- 9.4.1 Market Trends
- 9.4.2 Market Forecast
- 9.4.3 Market Breakup by Application
- 9.5 Polypropylene (PP)
- 9.5.1 Market Trends
- 9.5.2 Market Forecast
- 9.5.3 Market Breakup by Application
- 9.6 Acrylonitrile Butadiene Styrene (ABS)
- 9.6.1 Market Trends
- 9.6.2 Market Forecast
- 9.6.3 Market Breakup by Application
- 9.7 Others
- 9.7.1 Market Trends
- 9.7.2 Market Forecast
- 9.7.3 Market Breakup by Application
10 Market Breakup by Application
- 10.1 Packaging
- 10.1.1 Market Trends
- 10.1.2 Market Forecast
- 10.2 Construction
- 10.2.1 Market Trends
- 10.2.2 Market Forecast
- 10.3 Textile
- 10.3.1 Market Trends
- 10.3.2 Market Forecast
- 10.4 Automotive
- 10.4.1 Market Trends
- 10.4.2 Market Forecast
- 10.5 Others
- 10.5.1 Market Trends
- 10.5.2 Market Forecast
11 Market Breakup by Recycling Process
- 11.1 Mechanical
- 11.1.1 Market Trends
- 11.1.2 Market Forecast
- 11.2 Others
- 11.2.1 Market Trends
- 11.2.2 Market Forecast
12 Market Breakup by Region
- 12.1 North India
- 12.1.1 Market Trends
- 12.1.2 Market Breakup by State
- 12.1.3 Market Forecast
- 12.2 West and Central India
- 12.2.1 Market Trends
- 12.2.2 Market Breakup by State
- 12.2.3 Market Forecast
- 12.3 South India
- 12.3.1 Market Trends
- 12.3.2 Market Breakup by State
- 12.3.3 Market Forecast
- 12.4 East India
- 12.4.1 Market Trends
- 12.4.2 Market Breakup by State
- 12.4.3 Market Forecast
13 SWOT Analysis
- 13.1 Overview
- 13.2 Strengths
- 13.3 Weaknesses
- 13.4 Opportunities
- 13.5 Threats
14 Value Chain Analysis
15 Porters Five Forces Analysis
- 15.1 Overview
- 15.2 Bargaining Power of Buyers
- 15.3 Bargaining Power of Suppliers
- 15.4 Degree of Competition
- 15.5 Threat of New Entrants
- 15.6 Threat of Substitutes
16 Price Analysis
17 Technological Advancements in Waste Plastic Recycling Industry
18 Impact Analysis of Recycled Plastics on Virgin Plastics
19 Policy Changes and Trends
- 19.1 Policy Changes and Trends in India's Recycling Industry
20 Sourcing Strategies for Procuring Large Quantities of PCR
- 20.1 Reliably and Effectively
21 Competitive Landscape
- 21.1 Market Structure
- 21.2 Key Players
- 21.3 Profiles of Key Players
- 21.3.1 A1 Impex
- 21.3.1.1 Company Overview
- 21.3.1.2 Product Portfolio
- 21.3.1.3 Plant Location
- 21.3.2 Addonn Polycompounds Private Limited
- 21.3.2.1 Company Overview
- 21.3.2.2 Product Portfolio
- 21.3.2.3 Plant Location
- 21.3.2.4 Waste Recycling Capacity
- 21.3.3 GD Plast
- 21.3.3.1 Company Overview
- 21.3.3.2 Product Portfolio
- 21.3.3.3 Plant Location
- 21.3.3.4 Waste Recycling Capacity
- 21.3.4 Gravita India Limited
- 21.3.4.1 Company Overview
- 21.3.4.2 Product Portfolio
- 21.3.4.3 Plant Location
- 21.3.4.4 Waste Recycling Capacity
- 21.3.4.5 Financials
- 21.3.5 Jairam Plastic Industries
- 21.3.5.1 Company Overview
- 21.3.5.2 Product Portfolio
- 21.3.5.3 Plant Location
- 21.3.5.4 Waste Recycling Capacity
- 21.3.6 Key Exports
- 21.3.6.1 Company Overview
- 21.3.6.2 Product Portfolio
- 21.3.6.3 Plant Location
- 21.3.6.4 Waste Recycling Capacity
- 21.3.7 Luckystar International Pvt. Ltd.
- 21.3.7.1 Company Overview
- 21.3.7.2 Product Portfolio
- 21.3.7.3 Plant Location
- 21.3.7.4 Waste Recycling Capacity
- 21.3.8 Manjushree Technopack Limited (AI Lenarco Midco Limited)
- 21.3.8.1 Company Overview
- 21.3.8.2 Product Portfolio
- 21.3.8.3 Plant Location
- 21.3.8.4 Waste Recycling Capacity
- 21.3.8.5 Financials
- 21.3.9 Parkash Plastic
- 21.3.9.1 Company Overview
- 21.3.9.2 Product Portfolio
- 21.3.9.3 Plant Location
- 21.3.9.4 Waste Recycling Capacity
- 21.3.10 Polyraw Enterprises
- 21.3.10.1 Company Overview
- 21.3.10.2 Product Portfolio
- 21.3.10.3 Plant Location
- 21.3.10.4 Waste Recycling Capacity
- 21.3.11 R.B. Polymers
- 21.3.11.1 Company Overview
- 21.3.11.2 Product Portfolio
- 21.3.11.3 Plant Location
- 21.3.11.4 Waste Recycling Capacity
- 21.3.12 Yadav Infrapolymers Private Limited
- 21.3.12.1 Company Overview
- 21.3.12.2 Product Portfolio
- 21.3.12.3 Plant Location
- 21.3.12.4 Waste Recycling Capacity
- 21.3.1 A1 Impex
Product Code: SR112025A5056
List of Figures
- Figure 1: India: Waste Plastic Recycling Market: Major Drivers and Challenges
- Figure 2: India: Waste Plastic Recycling Market: Sales Volume (in Million Tons), 2019-2024
- Figure 3: India: Waste Plastic Recycling Market: Sales Value (in INR Billion), 2019-2024
- Figure 4: India: Waste Plastic Recycling Market Forecast: Sales Volume (in Million Tons), 2025-2033
- Figure 5: India: Waste Plastic Recycling Market Forecast: Sales Value (in INR Billion), 2025-2033
- Figure 6: India: Plastic Recycling Capacity: Volume (in Million Tons), 2019-2024
- Figure 7: India: Plastic Recycling Capacity Forecast: Volume (in Million Tons), 2025-2033
- Figure 8: India: Waste Plastic Generated: Volume (in Million Tons), 2019-2024
- Figure 9: India: Waste Plastic Generated Forecast: Volume (in Million Tons), 2025-2033
- Figure 10: India: Waste Plastic Recycling Market: Breakup by Treatment (in %), 2024
- Figure 11: India: Waste Plastic Recycling Market: Breakup by Material (in %), 2024
- Figure 12: India: Waste Plastic Recycling Market: Breakup by Application (in %), 2024
- Figure 13: India: Waste Plastic Recycling Market: Breakup by Recycling Process (in %), 2024
- Figure 14: India: Waste Plastic Recycling Market: Breakup by Region (in %), 2024
- Figure 15: India: Waste Plastic Recycling (Co-Processing) Market: Sales Volume (in Million Tons), 2019 & 2024
- Figure 16: India: Waste Plastic Recycling (Co-Processing) Market Forecast: Sales Volume (in Million Tons), 2025-2033
- Figure 17: India: Waste Plastic Recycling (Heat Compression) Market: Sales Volume (in Million Tons), 2019 & 2024
- Figure 18: India: Waste Plastic Recycling (Heat Compression) Market Forecast: Sales Volume (in Million Tons), 2025-2033
- Figure 19: India: Waste Plastic Recycling (Pyrolysis) Market: Sales Volume (in Million Tons), 2019 & 2024
- Figure 20: India: Waste Plastic Recycling (Pyrolysis) Market Forecast: Sales Volume (in Million Tons), 2025-2033
- Figure 21: India: Waste Plastic Recycling (Landfill) Market: Sales Volume (in Million Tons), 2019 & 2024
- Figure 22: India: Waste Plastic Recycling (Landfill) Market Forecast: Sales Volume (in Million Tons), 2025-2033
- Figure 23: India: Waste Plastic Recycling (Incineration) Market: Sales Volume (in Million Tons), 2019 & 2024
- Figure 24: India: Waste Plastic Recycling (Incineration) Market Forecast: Sales Volume (in Million Tons), 2025-2033
- Figure 25: India: Waste Plastic Recycling (Other Treatments) Market: Sales Volume (in Million Tons), 2019 & 2024
- Figure 26: India: Waste Plastic Recycling (Other Treatments) Market Forecast: Sales Volume (in Million Tons), 2025-2033
- Figure 27: India: Waste Plastic Recycling (Poly Vinyl Chloride-PVC) Market: Sales Volume (in Million Tons), 2019-2024
- Figure 28: India: Waste Plastic Recycling (Poly Vinyl Chloride-PVC) Market Forecast: Sales Volume (in Million Tons), 2025-2033
- Figure 29: India: Waste Plastic Recycling (Poly Vinyl Chloride-PVC) Market: Breakup by Application (in %), 2024
- Figure 30: India: Waste Plastic Recycling (Low-Density Polyethylene-LDPE) Market: Sales Volume (in Million Tons), 2019-2024
- Figure 31: India: Waste Plastic Recycling (Low-Density Polyethylene-LDPE) Market Forecast: Sales Volume (in Million Tons), 2025-2033
- Figure 32: India: Waste Plastic Recycling (Low-Density Polyethylene-LDPE) Market: Breakup by Application (in %), 2024
- Figure 33: India: Waste Plastic Recycling (High-Density Polyethylene-HDPE) Market: Sales Volume (in Million Tons), 2019-2024
- Figure 34: India: Waste Plastic Recycling (High-Density Polyethylene-HDPE) Market Forecast: Sales Volume (in Million Tons), 2025-2033
- Figure 35: India: Waste Plastic Recycling (High-Density Polyethylene-HDPE) Market: Breakup by Application (in %), 2024
- Figure 36: India: Waste Plastic Recycling (Polyethylene Terephthalate-PET) Market: Sales Volume (in Million Tons), 2019-2024
- Figure 37: India: Waste Plastic Recycling (Polyethylene Terephthalate-PET) Market Forecast: Sales Volume (in Million Tons), 2025-2033
- Figure 38: India: Waste Plastic Recycling (Polyethylene Terephthalate-PET) Market: Breakup by Application (in %), 2024
- Figure 39: India: Waste Plastic Recycling (Polypropylene-PP) Market: Sales Volume (in Million Tons), 2019-2024
- Figure 40: India: Waste Plastic Recycling (Polypropylene-PP) Market Forecast: Sales Volume (in Million Tons), 2025-2033
- Figure 41: India: Waste Plastic Recycling (Polypropylene-PP) Market: Breakup by Application (in %), 2024
- Figure 42: India: Waste Plastic Recycling (Acrylonitrile Butadiene Styrene-ABS) Market: Sales Volume (in Million Tons), 2019-2024
- Figure 43: India: Waste Plastic Recycling (Acrylonitrile Butadiene Styrene-ABS) Market Forecast: Sales Volume (in Million Tons), 2025-2033
- Figure 44: India: Waste Plastic Recycling (Acrylonitrile Butadiene Styrene-ABS) Market: Breakup by Application (in %), 2024
- Figure 45: India: Waste Plastic Recycling (Other Material Types) Market: Sales Volume (in Million Tons), 2019-2024
- Figure 46: India: Waste Plastic Recycling (Other Material Types) Market Forecast: Sales Volume (in Million Tons), 2025-2033
- Figure 47: India: Waste Plastic Recycling (Other Material Types) Market: Breakup by Application (in %), 2024
- Figure 48: India: Waste Plastic Recycling (Packaging) Market: Sales Volume (in Million Tons), 2019-2024
- Figure 49: India: Waste Plastic Recycling (Packaging) Market Forecast: Sales Volume (in Million Tons), 2025-2033
- Figure 50: India: Waste Plastic Recycling (Construction) Market: Sales Volume (in Million Tons), 2019-2024
- Figure 51: India: Waste Plastic Recycling (Construction) Market Forecast: Sales Volume (in Million Tons), 2025-2033
- Figure 52: India: Waste Plastic Recycling (Textile) Market: Sales Volume (in Million Tons), 2019-2024
- Figure 53: India: Waste Plastic Recycling (Textile) Market Forecast: Sales Volume (in Million Tons), 2025-2033
- Figure 54: India: Waste Plastic Recycling (Automotive) Market: Sales Volume (in Million Tons), 2019-2024
- Figure 55: India: Waste Plastic Recycling (Automotive) Market Forecast: Sales Volume (in Million Tons), 2025-2033
- Figure 56: India: Waste Plastic Recycling (Other Applications) Market: Sales Volume (in Million Tons), 2019-2024
- Figure 57: India: Waste Plastic Recycling (Other Applications) Market Forecast: Sales Volume (in Million Tons), 2025-2033
- Figure 58: India: Waste Plastic Recycling (Mechanical) Market: Sales Volume (in Million Tons), 2019-2024
- Figure 59: India: Waste Plastic Recycling (Mechanical) Market Forecast: Sales Volume (in Million Tons), 2025-2033
- Figure 60: India: Waste Plastic Recycling (Other Recycling Processes) Market: Sales Volume (in Million Tons), 2019-2024
- Figure 61: India: Waste Plastic Recycling (Other Recycling Processes) Market Forecast: Sales Volume (in Million Tons), 2025-2033
- Figure 62: North India: Waste Plastic Recycling Market: Sales Volume (in Million Tons), 2019 & 2024
- Figure 63: North India: Waste Plastic Recycling Market Forecast: Sales Volume (in Million Tons), 2025-2033
- Figure 64: North India: Waste Plastic Recycling Market: Breakup by States (in %), 2024
- Figure 65: West and Central India: Waste Plastic Recycling Market: Sales Volume (in Million Tons), 2019 & 2024
- Figure 66: West and Central India: Waste Plastic Recycling Market Forecast: Sales Volume (in Million Tons), 2025-2033
- Figure 67: West and Central India: Waste Plastic Recycling Market: Breakup by States (in %), 2024
- Figure 68: South India: Waste Plastic Recycling Market: Sales Volume (in Million Tons), 2019 & 2024
- Figure 69: South India: Waste Plastic Recycling Market Forecast: Sales Volume (in Million Tons), 2025-2033
- Figure 70: South India: Waste Plastic Recycling Market: Breakup by States (in %), 2024
- Figure 71: East India: Waste Plastic Recycling Market: Sales Volume (in Million Tons), 2019 & 2024
- Figure 72: East India: Waste Plastic Recycling Market Forecast: Sales Volume (in Million Tons), 2025-2033
- Figure 73: East India: Waste Plastic Recycling Market: Breakup by States (in %), 2024
- Figure 74: India: Waste Plastic Recycling Industry: SWOT Analysis
- Figure 75: India: Waste Plastic Recycling Industry: Value Chain Analysis
- Figure 76: India: Waste Plastic Recycling Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: India: Waste Plastic Recycling Market: Key Industry Highlights, 2024 and 2033
- Table 2: India: Waste Plastic Recycling Market Forecast: Breakup by Treatment (in Million Tons), 2025-2033
- Table 3: India: Waste Plastic Recycling Market Forecast: Breakup by Material (in Million Tons), 2025-2033
- Table 4: India: Waste Plastic Recycling Market Forecast: Breakup by Application (in Million Tons), 2025-2033
- Table 5: India: Waste Plastic Recycling Market Forecast: Breakup by Recycling Process (in Million Tons), 2025-2033
- Table 6: India: Waste Plastic Recycling Market Forecast: Breakup by Region (in Million Tons), 2025-2033
- Table 7: India: Waste Plastic Recycling Market: Competitive Structure
- Table 8: India: Waste Plastic Recycling Market: Key Players
Have a question?
SELECT AN OPTION
Have a question?
Questions? Please give us a call or visit the contact form.