Brazil Recycled Plastic Market

Brazil Recycled Plastic Market Size Insights Forecasts to 2035

• The Brazil Recycled Plastic Market Size Was Estimated at USD 784.3 Million in 2024
• The Market Size is Expected to Grow at a CAGR of Around 8.23% from 2025 to 2035
• The Brazil Recycled Plastic Market Size is Expected to Reach USD 1871.5 Million by 2035

According to a Research Report Published by Decisions Advisors & Consulting, The Brazil Recycled Plastic Market Size is anticipated to Reach USD 1871.5 Million by 2035, Growing at a CAGR of 8.23% from 2025 to 2035. The Brazilian recycled plastic market is driven by rising environmental awareness, growing demand for sustainable packaging, and increasing adoption in the automotive and construction sectors. Initiatives supporting circular economy practices, eco-friendly manufacturing, and government policies promoting recycling are further accelerating market growth.

Market Overview

The Brazil Recycled Plastic Market is identified as the organized sector involved in the collection, processing, and reusing of plastic waste from consumers as well as from industries to make secondary raw materials. Additionally, the government is modernizing the waste collection, segregation, and recycling infrastructure which that would enable more efficient recycling processes. Public-private partnerships and cooperation with environmental agencies are other ways to overcome the problems of collection networks and awareness campaigns. Besides, circular economy measures are motivating firms to think about product design in terms of recyclability and to use recycled materials in the new packaging. Not only do these policy measures lower pollution levels in the environment but they also generate economic opportunities and attract private investments in recycling plants. As Brazil converges with global sustainability targets and updates its climate action commitments, these moves are likely to hasten the gradual changeover to a plastic economy; recycling will be an important factor behind the country's sustainable industrial growth in the next few years.

Report Coverage

This research report categorizes the market for the Brazil recycled plastic market based on product type, application, and regions, and forecasts revenue growth while analyses trends in each submarket. The report examines key growth drivers, opportunities, and challenges influencing the Brazil recycled plastic market. Recent market developments and competitive strategies, such as product launches, expansions, partnerships, mergers, and acquisitions, are included to provide a comprehensive view of the competitive landscape. The report profiles key market players and evaluates their core competencies in each sub-segment of the Brazil recycled plastic market.

Driving Factors

The Brazilian recycled plastic market is primarily driven by the rising demand for sustainable packaging, eco-friendly automotive components, and construction materials. Increasing industrial adoption of recycled plastics, environmental regulations encouraging plastic reuse, and corporate commitments to sustainability are fueling market growth. Additionally, consumer awareness regarding plastic pollution and preference for recycled-content products, combined with government incentives for recycling infrastructure, significantly support the expansion of the recycled plastics sector across multiple industries.

Restraining Factors

The Brazilian recycled plastic market is restrained by the high costs of sorting, cleaning, and processing recycled plastics, inconsistent quality of recycled resins, and the limited recycling infrastructure in rural regions. Strong competition from cheaper virgin plastics also limits broader adoption.

Market Segmentation

The Brazil Recycled Plastic Market share is categorized by product type and application.

• The PET segment accounted for the largest revenue market share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The Brazilian recycled plastic market is segmented by product type into PET, HDPE, PP, and others. Among these, the PET segment accounted for the largest revenue market share in 2024 and is expected to grow at a significant CAGR during the forecast period. The segment is driven by rising demand for recycled PET bottles and sustainable packaging solutions, increasing corporate sustainability initiatives, and growing consumer preference for eco-friendly packaging. HDPE and PP segments are also witnessing growth due to their industrial and automotive applications, durability, and cost-effectiveness.

• The packaging segment accounted for the largest revenue share in 2024 and is projected to grow significantly during the forecast period.

The Brazilian recycled plastic market is segmented by application into packaging, construction, automotive, and others. Among these, the packaging segment accounted for the largest revenue share in 2024 and is projected to grow significantly during the forecast period. Growth is driven by increasing adoption of recycled plastics in bottles, containers, and films, rising corporate sustainability commitments, and growing consumer demand for eco-friendly packaging. The construction and automotive segments are also expanding due to the adoption of recycled materials in pipes, insulation panels, lightweight automotive components, and structural materials.

Competitive Analysis

The report offers a comprehensive analysis of key organizations/companies involved within the Brazil recycled plastic market, evaluating their product offerings, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. It also highlights recent developments, such as mergers, acquisitions, partnerships, joint ventures, and product launches, to evaluate the competitive landscape effectively.

List of Key Companies

• Indorama Ventures
• Valgroup
• Air Del Ecologico Reciclavel Ltda.
• Alassia Ambiental Ltda.
• Artplast Industria e Comercio de Plasticos
• Ambiental Sergipe
• AWF Plasticos (AWF Polimeros)
• Berpram Ambiental
• Global PET SA
• Depet Ambiental
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities
• Consulting and Research Firms
• Venture Capitalists
• Value-Added Resellers (VARs)

Recent Developments

• In January 2024, Braskem S.A. expanded its recycled PET production line to meet growing packaging demand in Brazil, strengthening its sustainability initiatives.

Market Segment

This study forecasts revenue at the Brazil, regional, and country levels from 2020 to 2035. Decisions Advisors has segmented the Brazil Recycled Plastic Market based on the below-mentioned segments:

Brazil Recycled Plastic Market, By Product Type

• PET
• HDPE
• PP
• Others

Brazil Recycled Plastic Market, By Application

• Packaging
• Construction
• Automotive
• Others

FAQs

Q: What is the Brazil recycled plastic market?

A: Brazil Recycled Plastic Market size is expected to grow from USD 784.3 million in 2024 to USD 1871.5 million by 2035, growing at a CAGR of 8.23% during the forecast period 2025–2035.

Q: The Brazil recycled plastic market covered in which segments?

A: The Brazilian recycled plastic market is segmented by product type into PET, HDPE, PP, and others and by application into packaging, construction, automotive, and others.

Q: Who are the target audiences for this market report?

A: The report targets market players, investors, end-users, government authorities, consulting and research firms, venture capitalists, and value-added resellers (VARs).