The Global Recycled Ocean Plastics Market

American market research and advisory company Custom Market Insights (CMI) has published a new research report regarding the recycled ocean plastic market.

According to the latest research study, the global recycled ocean plastics market was valued at approximately 82 billion US-Dollar in 2024 and is expected to reach 1.93 billion US-Dollar in 2025, CMI gave account. By 2034, the value is predicted to reach around 3.50 billion US-Dollar at a compound annual growth rate (CAGR) of about 6.81 percent during the forecast period 2025 to 2034. As per the industry experts at CMI, this global market is developing strongly “with myriad applications for materials that are both sustainable and traceable. Major companies are increasing their capabilities in the collection, processing, and certification of plastic waste retrieved from oceans. In North America, companies are making advancements with AI-based sorting technologies and digital traceability systems.”

European leaders would focus on eco-certifications as well as closed-loop supply chains, which support circular economy and climate objectives. “From the Asia-Pacific region, there is an increase in recycling infrastructure to satisfy the demand from textile, packaging, and consumer goods markets. Sustainability combined with compliance to rules spanning multiple countries fuels innovation across regions.”

custommarketinsights.com/report/recycled-ocean-plastic-market/

(Published in GLOBAL RECYCLING Magazine 3/2025, Page 37)