PVC Recycling Market Anticipated to Surpass $4.9 Billion by 2028
The PVC Recycling Market is projected to reach USD 4.9 billion by 2028, at a CAGR of 8.0% from USD 3.3 billion in 2023. The market growth is driven by factors such as significant demand from end industries such as building, construction, and infrastructure, electrical, automotive, consumer goods, and agriculture.
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The key global players in the PVC recycling market include DS Smith (UK), Admas Plastics (US), Reclaim Plastics (Canada), Suez (France), Veolia (France), Veka Recycling (UK), Simplas PVC Recycling (UK), WRC Recycling (Scotland), Morris Recycling (UK), and Dekura (Germany). These companies are strong in their home regions and explore geographic diversification alternatives to grow their businesses. They focus on increasing their market shares through new product launches and other expansions.
SIMPLAS PVC RECYCLING
Simplas PVC Recycling is one of the leading PVC recycling service providers and manufacturers in the US, specializing in the recycling of scrap plastic materials, primarily post-industrial UPVC waste, PET plastic, and mixed plastics. Simplas PVC Recycling offers a comprehensive range of services, such as granulation, shredding, wash plant facilities, toll granulation of PVC and plastic materials, and color sorting services. The company has the capacity to process over 500 tons of PVC waste per month and create custom-designed products to meet their customers’ specific requirements.
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VEOLIA
Veolia is one of the largest providers of environmental services, operating in different divisions such as waste management, water management, energy, and related services. Veolia’s Waste division operates in more than 40 countries and provides waste collection, transport, treatment, and disposal services. The company operates a dedicated PVC recycling facility in France, which is capable of recycling up to 500 tons of PVC waste per year. This facility is equipped with a range of advanced technologies, including mechanical sorting and granulation, separation and washing, and extrusion processes.
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