Recycled Polyethylene Market Size

Recycled Polyethylene Market size was over USD 15.84 billion in 2024 and is anticipated to cross USD 62.97 billion by the end of 2037, witnessing more than 11.2% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of recycled polyethylene is estimated at USD 17.26 billion. This growth of the market is poised to be dominated by growing demand for reusable plastic owing to growing plastic pollution. For instance, the production of plastic waste per year by humans has reached over 350 million metric tons.

Moreover, various initiatives have been launched by several authorities organized all across the world. These initiatives include the launch of various schemes and tax incentives to encourage customers to contribute to the recycling of polyethylene. This is because it is predicted that if the policies and methods to deal with plastic pollution remain unchanged, by 2060 plastic pollution is predicted to triple reaching one billion metric tons. As a result, this factor is also predicted to encourage the expansion of the market over the coming years.