Recycled Polyethylene Terephthalate Market

Recycled Polyethylene Terephthalate Market Size, Share, Growth Analysis, By Product(Clear, Colored), By End-use(Fiber, Sheet & Film, Strapping, Food & Beverage Containers & Bottles), By Region(North America, Europe, Asia-Pacific, Latin America) - Industry Forecast 2025-2032


Report ID: UCMIG15E2633 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

Recycled Polyethylene Terephthalate Market Insights

Market Overview:

In 2022, the estimated global market size for recycled polyethylene terephthalate (rPET) reached USD 10.1 billion, with a projected compound annual growth rate (CAGR) of 8.3% from 2023 to 2030. The market's expansion is linked to increased sustainability initiatives embraced by companies in the food & beverage and packaging sectors. Additionally, the pursuit of a circular economy by end-users, coupled with a growing acceptance of recycled plastics in packaging, textiles, and various industries, is expected to fuel the demand for rPET. Moreover, the versatility of recycled polyethylene terephthalate (rPET) is evident in its application for both colored and clear products, with clear rPET being particularly favored due to its cost-effectiveness.

Recycled Polyethylene Terephthalate Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
ForecastGrowthRate
To get more reports on the above market click here to
Get Free Sample

This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Specialty Chemicals by segment aggregation, the contribution of the Specialty Chemicals in Diversified Materials and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

$5,300
BUY NOW GET FREE SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

The market for Recycled Polyethylene Terephthalate was estimated to be valued at US$ XX Mn in 2021.

The Recycled Polyethylene Terephthalate Market is estimated to grow at a CAGR of XX% by 2028.

The Recycled Polyethylene Terephthalate Market is segmented on the basis of Product, End-use, Region.

Based on region, the Recycled Polyethylene Terephthalate Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the Recycled Polyethylene Terephthalate Market are , Placon , Clear Path Recycling LLC , Verdeco Recycling, Inc. , Indorama Ventures Public Ltd. , Zhejiang Anshun Pettechs Fibre Co., Ltd. , PolyQuest , Evergreen Plastics, Inc. , Phoenix Technologies , Libolon , Biffa.

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

logo-images

Feedback From Our Clients

Recycled Polyethylene Terephthalate Market

Report ID: UCMIG15E2633

$5,300
BUY NOW GET FREE SAMPLE