Recycled PET Market Size, Forecast 2030

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Recycled PET Market Size Worth USD 16.63 Billion
in 2030
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High demand for recycled PET from various end-use
industries is a key factor driving market revenue
growth
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Our Model
Market Analysis
Financial Analysis
Distribution Channel Analysis
Brand Analysis
Custom Market Intelligence
Competitor Analysis
Product Analysis
Custom Research
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Demand Analysis
Risk Analysis
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Business Plan Parameters
End Use Analysis
Demand Availability Analytics
Market Entry Strategy
Restructuring Revival
New Product Strategy
Product Planning / Strategy
SWOT Analysis
Marketing / Distribution Channel Feasibility
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Customer Identification Survey
Competitive Landscape / MA Feasibility
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Industries We Cater to
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Market Summary
The global recycled Polyethylene Terephthalate
(RPET) market size was USD 2.1 Billion in 2021
and is expected to register a revenue CAGR of
15.8 during the forecast period, according to
latest analysis by Emergen Research. Increasing
demand for recycled PET from various end-use
industries coupled with shift toward
sustainability are some key factors driving
market revenue growth. Increasing consumer
support of sustainability and focus on circular
economy are driving high demand for sustainable
packaging. Major companies are undertaking
initiatives for promoting the circular economy.
For example, Evian is expected to utilize
recycled plastics for 100 of the plastics being
used by 2025, while PepsiCo is expected to
recycle around 75 of packaging waste by 2030.
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Market Summary
Some Key Highlights From the Report Flakes
segment accounted for a comparatively larger
revenue share in 2021. Increasing demand for rPET
for various end-use applications such as
food-grade packaging, film reels, automobile
seats and covers, conveyor belts, and Polyester
Staple Fiber (PSF) is a key factors expected to
drive revenue growth of this segment during the
forecast period. Majority of recycled PET flakes
produced are utilized for staple fiber
applications such as upholstery, clothing and
texturized yarn, among others in the textile
sector owing to environmental sustainability.  Cl
ear segment revenue is expected to grow at a
steady rate over the forecast period. Ease of
bottle-to-bottle recycling, durable packaging,
reduced carbon footprint, and low energy
consumption for manufacturing are some of the
major factors expected to drive demand for clear
recycled PET during the forecast period. Clear
packaging enables consumers to inspect the
product before buying thereby increasing
sales.  Bottles containers segment accounted
for a significantly robust revenue share in 2021.
Availability of virgin plastic materials for
containers, and increasing sustainability
commitments and CSR activities by major companies
are boosting growth of the segment.
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Market Summary
Some Key Highlights From the Report Some major
companies in the global market report include
Placon, Clear Path Recycling, Indorama Ventures
Public Company Limited, MG Chemicals, Verdeco
Recycling, Loop Industries, Inc., PolyQuest,
Inc., Phoenix Technologies Inc., Evergreen, and
Biffa. Request Free Sample Copy_at_
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Market Summary
Emergen Research has segmented the global
recycled PET market on the basis of type,
product, source, application, and region Type
Outlook (Revenue, USD Billion, Volume (Kilo
Tons) 2019-2030) Flakes Chips Product Outlook
(Revenue, USD Billion, Volume (Kilo Tons)
2019-2030) Clear Colored Source Outlook (Revenue,
USD Billion, Volume (Kilo Tons)
2019-2030) Bottles containers Films
sheets Others Application Outlook (Revenue, USD
Billion, Volume (Kilo Tons) 2019-2030) Bottles
containers Fiber Strapping Sheet
film Others Read More_at_ https//www.emergenresearc
h.com/industry-report/recycled-polyethylene-tereph
thalate-market
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Parameter Details
Market Size Estimation Period 2022-2030
Base Year Considered 2021
Historical Data 2019-2020
Forecast Period 2022-2030
Quantitative Units Revenue in USD million CAGR from 2020 to 2028
Segments Covered Types, Application, End-Users, Regions more.
Countries Included The U.S., Germany, U.K., Italy, China, India, Japan, Brazil
Report Coverage Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, and Trends
Regions Scope North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Customization Scope 10 hours of free customization expert consultation
Pricing and Purchase Options Explore Different Purchase Options Request for Discount to Avail New Year Discount
MARKET SEGMENTATION
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Regional Share Dynamics
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