Recycled Plastic Pellets Market Set for Robust Growth Amid Global Sustainability Push https://dataintelo.com/report/global-recycled-plastic-pellets-market The Recycled Plastic Pellets Market is witnessing a major upswing, driven by the escalating demand for sustainable and eco-friendly alternatives to virgin plastic. As industries shift toward circular economy models, recycled plastic pellets are becoming a key material in manufacturing, packaging, construction, automotive, and consumer goods sectors worldwide. In 2023, the global recycled plastic pellets market was valued at USD 8.7 billion. With a strong push for sustainability across industries, the market is projected to grow at a CAGR of 6.9%, reaching USD 14.9 billion by 2030. Increasing environmental awareness and regulatory mandates are critical factors contributing to this promising trajectory.