The Global Circular Polymer Market was valued at USD 633 million in 2023 and is projected to reach USD 1,096.99 million by 2032, growing at a Compound Annual Growth Rate (CAGR) of 6.3% during the forecast period (2024-2032). This expansion is driven by stringent environmental regulations, brand sustainability commitments, and the global transition to circular economy models across packaging, automotive, and construction sectors.

As industries worldwide shift from linear to circular material flows, innovative polymer producers and recyclers are emerging as key enablers of this transformation. Here we analyze the Top 10 Companies in the Circular Polymer Industry—market leaders advancing closed-loop solutions through cutting-edge recycling technologies and sustainable material innovation.

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🔟 1. SABIC

Headquarters: Riyadh, Saudi Arabia
Key Offering: Certified Circular Polymers

SABIC’s TRUCIRCLE portfolio includes advanced recycled polymers from post-consumer plastic waste. Their chemical recycling process creates virgin-quality resins for demanding applications in food packaging and medical sectors.

Sustainability Initiatives:

• Strategic investments in pyrolysis oil purification technologies
• Pioneered mass balance certification with leading brands
• 1 million metric tons annual circular polymer capacity by 2030

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9️⃣ 2. TotalEnergies

Headquarters: Paris, France
Key Offering: RE:clic recycled polymers

TotalEnergies operates Europe’s largest chemical recycling facility for mixed plastic waste, producing high-quality circular polymers for rigid packaging and automotive applications.

Sustainability Initiatives:

• 30% recycled content target across polymer portfolio by 2025
• €200 million investment in advanced recycling infrastructure
• Partnerships with major FMCG brands for closed-loop solutions

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8️⃣ 3. LyondellBasell

Headquarters: Houston, Texas
Key Offering: Circulen portfolio

LyondellBasell’s Circulen solutions include mechanically recycled, renewable, and chemically recycled polymers for diverse applications from medical devices to food packaging.

Sustainability Initiatives:

• 2 million tons annual recycling capacity target by 2030
• MoReTec molecular recycling technology for complex waste streams
• Global alliances with waste management leaders

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7️⃣ 4. Borealis AG

Headquarters: Vienna, Austria
Key Offering: Borcycle™ recycled polyolefins

Borealis operates mechanical and chemical recycling platforms across Europe, transforming plastic waste into high-performance materials for automotive and infrastructure applications.

Sustainability Initiatives:

• €2.2 billion investment in circular economy solutions
• 600,000 tons annual recycled polymer capacity by 2025
• Collaborative projects for advanced sorting technologies

Download FREE Sample Report: Global Circular Polymer Market – View in Detailed Research Report

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6️⃣ 5. Loop Industries

Headquarters: Terrebonne, Canada
Key Offering: Infinite Loop™ PET

Loop’s patented depolymerization technology breaks down PET waste into base monomers, enabling infinite recycling without quality degradation for food-grade applications.

Sustainability Initiatives:

• Global licensing model for rapid capacity expansion
• Strategic partnerships with major beverage brands
• Zero-waste chemical recycling process

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5️⃣ 6. BASF

Headquarters: Ludwigshafen, Germany
Key Offering: ChemCycling® materials

BASF’s ChemCycling process converts plastic waste into pyrolysis oil feedstock for new polymers while maintaining virgin material properties.

Sustainability Initiatives:

• 250,000 tons annual chemical recycling capacity
• Circular value chains partnership with automotive OEMs
• Mass balance certification across product lines

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4️⃣ 7. INEOS Styrolution

Headquarters: Frankfurt, Germany
Key Offering: Recycled polystyrene solutions

INEOS leads in circular polystyrene solutions through patented depolymerization technology, producing high-purity recycled resins for food contact applications.

Sustainability Initiatives:

• 100,000 tons annual recycled PS capacity
• Closed-loop partnerships with food packaging manufacturers
• Chemical recycling process for complex PS waste streams

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3️⃣ 8. Plastic Energy

Headquarters: London, UK
Key Offering: TACOIL pyrolysis feedstock

Plastic Energy specializes in chemical recycling, converting mixed plastic waste into hydrocarbon oils used as polymer feedstock across Europe and Asia.

Sustainability Initiatives:

• Two operational commercial-scale facilities in Europe
• Multiple joint ventures with polymer producers
• 300,000 tons annual processing expansion by 2026

Download FREE Sample Report: Global Circular Polymer Market – View in Detailed Research Report

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2️⃣ 9. Braskem

Headquarters: São Paulo, Brazil
Key Offering: PCR polyolefins

Braskem is expanding its circular polymer portfolio through mechanical recycling investments and developing chemical recycling capabilities for polyolefins in the Americas.

Sustainability Initiatives:

• 300,000 tons annual PCR capacity target by 2025
• Strategic alliances with retail brands for closed-loop packaging
• Leadership in biopolymer development

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1️⃣ 10. DSM

Headquarters: Heerlen, Netherlands
Key Offering: Circular polyamides & polyesters

DSM produces high-performance recycled engineering plastics for automotive, electronics, and textile applications through mechanical and biochemical recycling processes.

Sustainability Initiatives:

• 100% recycled or bio-based portfolio commitment by 2030
• Innovative enzymatic recycling for polyester fibers
• Value chain collaborations in electronics sectors

Get Full Report Here: Global Circular Polymer Market – View in Detailed Research Report

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🌍 Circular Polymer Market Outlook: The Circular Economy Acceleration

The circular polymer industry is undergoing rapid transformation from niche to mainstream, shaped by evolving regulations, technological breakthroughs, and shifting brand owner commitments.

📈 Key Market Trends:

• Chemical recycling capacity growth in Europe and North America
• Regulations mandating 25-50% recycled content by 2030
• Advanced digital watermarking for improved waste sorting
• Brand owner pledges for 100% recyclable packaging
• Circular business model innovations across value chains

Get Full Report Here: Global Circular Polymer Market – View in Detailed Research Report

The featured companies demonstrate that circular polymers represent both an environmental imperative and a $100+ billion market opportunity in sustainable materials innovation.