The Global Plastic Reuse Market was valued at USD 39.5 Billion in 2023 and is projected to reach USD 58.2 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.7% during the forecast period (2024–2030). This robust growth is primarily driven by stringent global regulations on single-use plastics, rising consumer demand for sustainable packaging, and significant corporate commitments to circular economy principles.

As the world grapples with plastic pollution, the industry is undergoing a transformative shift from a linear “take-make-dispose” model to a circular one focused on reduction, reuse, and recycling. At the forefront of this change are the key players developing advanced technologies and scalable solutions to reclaim and repurpose plastic waste. In this blog, we profile the Top 10 Companies in the Plastic Reuse Industry—a diverse group of recyclers, innovators, and material producers shaping a sustainable future for plastics.

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🔟 1. Clear Path Recycling

Headquarters: Fayetteville, North Carolina, USA
Key Offering: Post-consumer PET (rPET) flakes and pellets

Clear Path Recycling is a joint venture between Shaw Industries and DAK Americas, operating one of the largest PET recycling facilities in the United States. The company specializes in converting post-consumer PET bottles and containers into high-quality rPET suitable for food-contact and textile applications.

Circular Economy Initiatives:

• Processing capacity of over 160 million pounds of PET annually

• Closed-loop partnerships with major beverage and fiber brands

• Advanced washing and purification technologies ensuring FDA-compliance

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9️⃣ 2. Clean Tech Incorporated

Headquarters: Dundee, Michigan, USA
Key Offering: Customized post-consumer plastic flake

A subsidiary of Plastipak Holdings, Clean Tech is a leading recycler of PET and HDPE. The company provides washed, sorted flake to manufacturers for use in new bottles, packaging, and other durable goods, directly supporting brand owners’ sustainability goals.

Circular Economy Initiatives:

• Diverts over 2 billion plastic bottles from landfills each year

• Integrated recycling model with its parent company’s packaging production

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8️⃣ 3. Mohawk Industries Incorporated

Headquarters: Calhoun, Georgia, USA
Key Offering: EcoFlex Nylon and PET fibers for carpets

Mohawk Industries, a global flooring manufacturer, is a pioneer in integrating recycled content into its products. Its EverStrand brand uses 100% certified recycled PET from plastic bottles to create soft, durable residential carpets, diverting massive volumes of plastic waste.

Circular Economy Initiatives:

• Uses over 3 billion recycled plastic bottles annually in its carpet production

• Committed to increasing post-consumer recycled content across all product lines

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7️⃣ 4. CarbonLite Industries

Headquarters: Dallas, Texas, USA
Key Offering: Food-grade rPET pellets

Operating some of the most advanced bottle-to-bottle recycling plants globally, CarbonLite produces high-intrinsic viscosity (IV) rPET pellets that meet stringent food safety standards. The company’s output is a critical feedstock for major beverage companies.

Circular Economy Initiatives:

• Annual capacity to process over 7 billion plastic bottles

• Direct supply agreements with global consumer packaged goods (CPG) leaders

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6️⃣ 5. Envision Plastics Industries

Headquarters: Reidsville, North Carolina, USA
Key Offering: rHDPE and rPP resins

Envision Plastics is a prominent recycler of HDPE, particularly known for its EcoPrime® recycled HDPE resin, which is produced using a proprietary cleaning process. The company supplies high-quality recycled resins for applications ranging from detergent bottles to consumer products.

Circular Economy Initiatives:

• Leading producer of post-consumer rHDPE in North America

• Development of custom color and additive solutions for brand-specific needs

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5️⃣ 6. Advanced Environmental Recycling Technologies, Inc. (AERT)

Headquarters: Springdale, Arkansas, USA
Key Offering: Composite building materials from recycled plastic and wood

AERT specializes in creating high-performance composite decking, railing, and trim products by combining reclaimed polyethylene plastic and waste wood fiber. This innovative approach gives a second life to materials that would otherwise be landfilled.

Circular Economy Initiatives:

• Diverts significant volumes of mixed plastic and agricultural film waste

• Produces durable, low-maintenance building products with 30+ year lifespans

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4️⃣ 7. Evergreen Plastics

Headquarters: Clyde, Ohio, USA
Key Offering: rPET flakes and pellets

Evergreen Plastics, part of the Plastipak family, operates advanced recycling facilities that transform used PET bottles into clean, high-quality flake and pellet. The company is a key supplier to the packaging and fiber industries, emphasizing a closed-loop system.

Circular Economy Initiatives:

• Continuous investment in advanced sorting and washing technologies

• Strong focus on producing recycled materials that perform like virgin resin

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3️⃣ 8. PolyQuest

Headquarters: Wilmington, North Carolina, USA
Key Offering: rPET, rPE, and rPP resins

PolyQuest is a diversified supplier of virgin and recycled polymers. Its recycling division is a significant producer of rPET, serving the sheet, film, and packaging markets with consistent, high-quality recycled materials sourced from post-consumer and post-industrial streams.

Circular Economy Initiatives:

• Strategic partnerships with material recovery facilities (MRFs) for consistent feedstock

• Investment in logistics and packaging to minimize environmental footprint

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2️⃣ 9. Phoenix Technologies International Ltd.

Headquarters: Bowling Green, Ohio, USA
Key Offering: Ultra-clean, food-contact rPET pellets

Phoenix Technologies is renowned for its patented “SteriPure” recycling process, which produces rPET pellets that are decontaminated to meet global food-contact standards. The company is a critical enabler for brands seeking high levels of recycled content in their packaging.

Circular Economy Initiatives:

• Licenses its advanced recycling technology to partners worldwide

• Focuses exclusively on creating bottle-grade rPET to close the loop effectively

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1️⃣ 10. KW Plastics

Headquarters: Troy, Alabama, USA
Key Offering: Recycled polypropylene (rPP) and HDPE (rHDPE)

KW Plastics is the world’s largest recycler of HDPE and PP bottles and containers. Its massive-scale operations process a significant portion of the curbside-collected plastic in the U.S., producing high-quality recycled resins for a wide array of industrial and consumer applications.

Circular Economy Initiatives:

• Processes over 1 billion pounds of plastic annually

• Pioneer in developing recycling solutions for challenging plastic streams like colored HDPE

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🌍 Outlook: The Future of Plastic Reuse Is Systemic and Collaborative

The plastic reuse market is evolving from a niche activity into a core component of global manufacturing. While mechanical recycling remains dominant, the industry is rapidly scaling advanced recycling technologies, chemical recycling, and innovative reuse models to handle complex plastic waste streams.

📈 Key Trends Shaping the Market:

• Expansion of Extended Producer Responsibility (EPR) laws globally, mandating recycled content

• Increased investment in chemical recycling to handle mixed and contaminated plastics

• Growth of digital watermarks and smart sorting technologies to improve recycling yields

• Brand-manufacturer-recycler alliances to create stable, high-value end markets for recycled materials

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The companies listed above are not just processing waste plastic—they are building the foundational infrastructure for a truly circular plastics economy, turning environmental challenges into economic opportunities.