Europe’s Plastics Recycling Sector: M&A Activity Remained Muted in 2024

Europe’s plastics recycling sector experienced its lowest M&A activity since 2020, with just seven disclosed deals in 2024. This update explores the structural and market forces behind the decline, from tightening economics and delayed regulation to regional shifts and plant closures — offering insight into where selective capital may return and how the sector might evolve ahead of 2030 targets.