The Global Recycled Resin Market was valued at USD 72,700 Million in 2023 and is projected to reach USD 105,055.47 Million by 2032, growing at a Compound Annual Growth Rate (CAGR) of 5.40% during the forecast period (2024-2032). This expansion is driven by stringent environmental regulations, corporate sustainability commitments, and accelerating adoption of circular economy models across packaging, construction, and automotive sectors.

As industries pivot toward sustainable material sourcing, recycled resin manufacturers are playing a pivotal role in transforming plastic waste into high-value manufacturing feedstock. This report profiles the Top 10 Recycled Resin Companies—market leaders and innovators who are redefining plastic sustainability through advanced recycling technologies and large-scale production capabilities.

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🔟 1. Veolia Environnement

Headquarters: Paris, France
Key Offering: High-purity recycled PET, HDPE, and PP resins

Veolia operates 44 plastics recycling facilities globally, processing over 500,000 tons annually through advanced sorting and purification technologies. The company leads in chemical recycling solutions for complex plastic waste streams.

Sustainability Initiatives:

• Developing innovative depolymerization technologies
• Strategic partnerships with L’Oréal and Nestlé for closed-loop packaging
• Target to recycle 610,000 tons/year by 2025

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9️⃣ 2. Indorama Ventures

Headquarters: Bangkok, Thailand
Key Offering: Food-grade rPET resins

The world’s largest PET producer has invested $1.5 billion in recycling infrastructure, currently processing 80 billion bottles annually into premium recycled resin.

Sustainability Initiatives:

• Eight recycling sites with 750,000-ton combined capacity
• Closed-loop partnerships with major beverage brands

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8️⃣ 3. KW Plastics

Headquarters: Troy, Alabama, USA
Key Offering: Recycled PP and HDPE resins

The world’s largest plastic recycler by volume processes over 1 billion pounds annually, specializing in high-purity resins for rigid packaging and automotive applications.

Sustainability Initiatives:

• Advanced sorting achieving 99.9% purity levels
• Direct partnerships with consumer brands for material recovery

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7️⃣ 4. MBA Polymers

Headquarters: London, UK
Key Offering: Engineering-grade recycled ABS, PC/ABS compounds

Specializes in high-performance recycled plastics from durable goods, supplying automotive and electronics manufacturers globally.

Sustainability Initiatives:

• Proprietary separation technology for complex plastics
• Recognized Circular Economy Leader by World Economic Forum

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Recycled Resin Market – View in Detailed Research Report

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6️⃣ 5. Far Eastern New Century

Headquarters: Taipei, Taiwan
Key Offering: Textile-grade and food-contact rPET

Operates Asia’s most advanced recycling network, producing 300,000 metric tons of recycled polyester annually.

Sustainability Initiatives:

• Pioneered chemical recycling for textile applications
• Key supplier to Nike and Adidas

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5️⃣ 6. Plastipak Holdings

Headquarters: Plymouth, Michigan, USA
Key Offering: CleanFlake™ food-grade rPET

Clean Tech division produces FDA-compliant rPET for major North American and European beverage companies.

Sustainability Initiatives:

• Proprietary cleaning technology meeting stringent safety standards
• Closed-loop systems with PepsiCo and other CPG leaders

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4️⃣ 7. Biffa Polymers

Headquarters: High Wycombe, UK
Key Offering: Food-grade recycled HDPE

Operates Europe’s largest plastic bottle recycling facility in Seaham, processing 150,000 tons annually.

Sustainability Initiatives:

• Advanced color-sorting technology
• Full traceability from collection to pellet

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3️⃣ 8. Alpek Polyester

Headquarters: San Pedro Garza García, Mexico
Key Offering: rPET for fibers and packaging

Leading PET recycler in North America supplying both food-contact and industrial-grade resins.

Sustainability Initiatives:

• Advanced decontamination processes
• Expanding capacity for NAFTA regional demand

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2️⃣ 9. Greentech

Headquarters: Leicester, UK
Key Offering: Recycled PP/PE for automotive

Specializes in mechanical recycling solutions for post-industrial and post-consumer plastic waste.

Sustainability Initiatives:

• Performance-enhanced compounds
• Active in multiple EU circular economy programs

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1️⃣ 10. Viridor

Headquarters: Taunton, UK
Key Offering: Recycled HDPE/PP for packaging

Operates one of the UK’s most advanced recycling facilities with £65 million technology investments.

Sustainability Initiatives:

• Retail partnerships for closed-loop systems
• High-purity output for food-contact applications

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Recycled Resin Market – View in Detailed Research Report

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🌱 Outlook: The Future of Recycled Resin Demands Quality and Scale

The recycled resin sector is undergoing transformative growth as manufacturers commit to post-consumer materials. While collection and sorting challenges persist, innovation continues to accelerate across both mechanical and advanced recycling methods.

📈 Key Market Trends:

• North American and European capacity expansions for food-grade resins
• Polymer-specific recycling mandates and EPR legislation
• AI-driven sorting and purification breakthroughs
• Growing automotive demand for recycled engineering plastics

Read Full Report:
Recycled Resin Market – View in Detailed Research Report

The companies profiled aren’t merely processing plastic waste—they’re building the material foundations for tomorrow’s circular economy.