Latin America Post Consumer Recycled/Resin (PCR) Market Size, Share, Growth, Trends, and Industry Analysis: By Type (High-density polyethylene (HDPE), Low-density polyethylene (LDPE), Acrylonitrile butadiene styrene (ABS), Polycarbonates (PC), Others), By End User Applications (Food & Beverages, Packaging, Consumer Electronics, Others) and Country Forecast 2020-2031

Latin America Post Consumer Recycled Market size was valued at US$ 300.53 million in 2024 and is expected to reach US$ 431.40 million by 2031, growing at a significant CAGR of 5.3% from 2025-2031. The Latin American PCR market for post-consumer recycled/resin is indeed on the rise. High demand by consumers for a more environmentally friendly material from consumers, government support towards recycling and reducing landfills, and international pressure all act as major drivers. The pioneer countries that have come forth with recycling policies and the least landfill utilization are Brazil and Chile.

Growth, though, has been hindered because of several challenges: extremely high production costs, high-quality control, and even infrastructure not being adequate. Great opportunities, however, continue to come in through both packaging and consumer electronics with technical improvements and government support and incentives. The PCR market is on the threshold of significant growth through increasing investments in recycling infrastructures and technologies, lined up with global trends towards the circular economy.

Key Takeaways

The Latin America post-consumer recycled/resin (PCR) market, supported by government policies, renewable energy expansion, and international funding, holds significant growth potential. However, achieving this potential will require addressing high costs, infrastructure issues, and skilled labor shortages, with dominant players like South Africa and fast-growing markets like Kenya paving the way.

Key Developments:

• Feb 2022 - Braskem has expanded its circular portfolio into new grades of polypropylene that contain PCR content specifically for FDA-approved food contact applications, including food trays and beverage lids, in a quest to meet the increasingly demanded sustainable packaging options for customers.
• 2020 - Dow, Inc. said it is developing a new family of post-consumer recycled (PCR) resins that will be available globally in the future. The recycled plastic resins are designed to harness the resources of used flexible and rigid plastic packaging to create new packaging materials while keeping waste out of the environment.

Latin America Post Consumer Recycled Market Segmentation

By Type: Polycarbonate (PC): This product is largely used in most consumer electronics, and their PC PCR is highly in need by the industries to have substitutes since it is one of the toughest and most readily molded polymers, however contamination issues affect overall quality.

By End User Applications: The Packaging segment normally generates the highest share of use for post-consumer recycled (PCR) resin because packaging, particularly for foods and beverages, necessitates plenty of materials. And because of sustainability, as well as plastic waste, there is so much pressure to reduce. As of late, because of the demand for eco-friendly alternatives in packaging, using PCR resin has become in high demand.