The global Polystyrene Resin Recycling market size is projected to reach USD 0.62 billion by 2029

Polystyrene Resin Recycling Market Summary

According to the new market research report “Global Polystyrene Resin Recycling Market Report 2023-2029”, published by GIResearch, the global Polystyrene Resin Recycling market size is projected to reach USD 0.62 billion by 2029, at a CAGR of 5.3% during the forecast period.

Figure00001. Global Polystyrene Resin Recycling Market Size (US$ Million), 2018-2029

Source: GlobalInfoResearch, “Global Polystyrene Resin Recycling Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030”(published in 2023). If you need the latest data, plaese contact GIResearch.

Polystyrene Resin Recycling Product Overview

Polystyrene, commonly known as Styrofoam, is a type of plastic that is widely used in packaging materials, disposable products, and insulation. Unfortunately, polystyrene is not easily biodegradable and takes hundreds of years to decompose naturally in the environment. However, there are recycling methods available for polystyrene to minimize its impact on the environment. Here are some options for polystyrene recycling:

Mechanical recycling: This is the most common method of recycling polystyrene. It involves collecting used polystyrene products, cleaning and shredding them into small pieces, and then melting and reforming them into new plastic products like picture frames, crown molding, and office supplies.

Expanded polystyrene (EPS) recycling: EPS, often used in packaging materials, can be recycled using specialized machines. These machines compress and melt the EPS, reducing its volume and converting it into dense ingots or blocks for further use in manufacturing new products.

Chemical recycling: This is a more advanced method that involves breaking down polystyrene into its chemical components through processes such as depolymerization or pyrolysis. The resulting components can be used as feedstock for the production of new plastics or other materials.

Collection programs: Many local governments and recycling organizations have established programs to collect polystyrene for recycling. Look for drop-off locations or recycling centers in your area that accept polystyrene. Some recycling companies also offer mail-back programs for polystyrene products.

Expanded polystyrene compactors: These machines are used to compress and condense EPS packaging waste on-site, minimizing storage and transportation costs for businesses. The compacted EPS blocks can then be picked up by recycling companies.

Note：

Recycled Volume means the amount of means the amount of waste polystyrene and waste Expanded Polystyrene (EPS) recycled.

Revenue means the value generated by players processing waste polystyrene and EPS into polystyrene raw materials.

Figure00002. Polystyrene Resin Recycling Product Picture

Figure00003. Global Polystyrene Resin Recycling Top 19 Players Ranking and Market Share (Ranking is based on the revenue of 2022, continually updated)

Source: GlobalInfoResearch, “Global Polystyrene Resin Recycling Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030”(published in 2023). If you need the latest data, plaese contact GIResearch.

According to GIResearch Top Players Research Center, the global key manufacturers of Polystyrene Resin Recycling include INTCO Recycling, Pana-Chemical, Dart Container Corporation, Interzero, PreZero International, BEWI, Atlas Molded Products, RAPAC, Ronson Recycling, Eslava Plásticos, etc. In 2022, the global top five players had a share approximately 38.0% in terms of revenue.

According to GIResearch Top Players Research Center, the global key manufacturers of Polystyrene Resin Recycling include INTCO Recycling, Pana-Chemical, Dart Container Corporation, Interzero, PreZero International, BEWI, Atlas Molded Products, RAPAC, Ronson Recycling, Eslava Plásticos, etc. In 2022, the global top 10 players had a share approximately 45.0% in terms of revenue.

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