The synergetic approach for eco-friendly efficient utilization of Polymer Solid Waste is presented. It is accounting for chemical processes in polymers during the use of the original product and at the stage of its waste recycling. The study of the polymer photoconductive degradation based on analysis of chemical reactions in the polymer film is presented. It is discussed how to predict the properties of the polymer after its use and to develop the efficient technique for its recycling. The recycling technique is demonstrated on examples of recycling polyethylene film by chemical foaming and injection moulding methods. The results of factorial experiments on the influence of different process parameters on process intensity and secondary product quality are presented. The results are used for developing modern technologies for the processing of polymer solid wastes into useful secondary products.