Recyclate PET Market - Forecast( 2021-2026)

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Recyclate PET MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2022-2027
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• Recyclate PET market size is forecast to reach
  12.9 billion by 2026, after growing at a CAGR of
  7.8 during 2021-2026.
• Polyethylene terephthalate is manufactured using
  pure terephthalic acid (TPA) and mono ethylene
  glycol (MEG).
• The shifting inclination of consumers towards
  highly sustainable and recyclable packaging
  solutions is fueling the growth of the recycled
  polyethylene terephthalate (PET) market to a
  significant extent.

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• Key Takeaways
• Asia-Pacific dominates the recyclate PET market.
  The growing demand growth in Asia-pacific has
  been driven by the use of recyclate PET in
  industries such as packaging, textile,
  healthcare, and more.
• Recycling PET bottles is an appropriate solution
  because it allows for the conservation of natural
  resources such as fossil fuels and oil, the
  elimination of landfill problems, the reduction
  of greenhouse gas emissions.
• The reduction of carbon footprint, the creation
  of new business opportunities, and a contribution
  to the national economy, all of which contribute
  to the market's growth.

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Recyclate PET Market Segment Analysis - By
Geography Asia-Pacific region held the largest
share in the recyclate PET market in 2020 with
more than 45 and is growing at the highest CAGR
of 9.5 during 2021-2026, owing to the escalating
demand for recyclate PET in Asia-Pacific
countries to lower carbon footprint. Factors
driving demand for r-PET include strong demand
for packaging materials, an increase in the
production of industrial yarn, and strong growth
in the beverage industry, both of which are
driving demand for recyclate PET.
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• Recyclate PET Market Industry Outlook
• Placon
• Clear Path Recycling LLC
• Verdeco Recycling Inc
• MG Chemicals
• Zhejiang Anshun Pettechs Fibre Co. Ltd
• PolyQuest
• Evergreen Plastics Inc
• Phoenix Technologies
• Berry Global Group Inc
• Alpla Werke Alwin Lehner GmbH Co. KG
• Libolon

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Recyclate PET Market- Forecast (
2022-2027) Learn More About the Report _at_
https//www.industryarc.com/Research/Recyclate-PE
T-Market-Research-502925
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• You Can Customize the Report as Per Your Need.
  We have included Some Customization Options
• Company Profile
• Analyst Briefing
• Data Tables
• Key Contacts
• Free Customization
• Purchase Full Report _at_ https//www.industryarc.com
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