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  The  chemical recycling plastic market  is an emerging and rapidly growing sector within the broader plastics and recycling industry. Chemical recycling, often referred to as advanced recycling or molecular recycling, is a promising solution to the global plastic waste crisis. This innovative process involves breaking down plastic waste into its chemical components, which can then be reused to produce new plastic products or even converted into other valuable materials. Unlike traditional mechanical recycling, which relies on physical processes to break down plastic, chemical recycling utilizes chemical reactions to transform plastics back into their original monomers or other useful forms. According to MRFR analysis, the  Chemical Recycling Plastic Market  was valued at USD 21.46 billion in 2022. The market is projected to grow from USD 25.91 billion in 2023 to USD 141.1 billion by 2032. This represents a compound annual growth rate (CAGR) of approximately 20...