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The global recycled plastics market is witnessing remarkable growth, driven by increasing environmental awareness, government regulations, and the rising demand for sustainable materials across industries.
The global plastics and polymer industry has witnessed steady expansion over the past decade, driven by rising demand from packaging, construction, automotive, healthcare, and consumer goods sectors.
India’s plastics industry has demonstrated remarkable resilience and global competitiveness, recording an impressive 8% growth in exports during FY 2024–25, with total export value reaching USD 12.5 billion, according to data released by the Plastics Export Promotion Council (PLEXCONCIL).
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