With the European Green Deal in mind, and the ambition of Europe to become a world leader in the circular economy, it is worth looking at the potential that chemical recycling holds. This new Technology Watch of the essenscia Patent Cell provides an analysis of the innovative activities in the field of chemical recycling technologies. Chemical recycling breaks down plastics into smaller polymers, oligomers, monomers, or feedstocks that can then be reused as virgin like materials for the making of new materials, thereby reducing the use of primary resources.