Learn about the global recycled polyethylene terephthalate market through The Business Research Company, which provides information on recycled polyethylene terephthalate market size, recycled polyethylene terephthalate market drivers and restraints, recycled polyethylene terephthalate market players, the COVID-19 impact on the recycled polyethylene terephthalate market, and more.

The global recycled polyethylene terephthalate market size is expected to grow from $8.28 billion in 2021 to $9.01 billion in 2022 at a compound annual growth rate (CAGR) of 8.74%. The global recycled PET market size is expected to grow to $12.58 billion in 2026 at a CAGR of 8.72%.

The increasing demand for sustainable packaging solutions is driving the growth of the recycled polyethylene terephthalate market.

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The recycled polyethylene terephthalate market consists of sales of recycled polyethylene terephthalate by entities (organizations, sole traders, and partnerships) that manufacture recycled polyethylene terephthalate. Polyethylene terephthalate (PET) is a recyclable plastic resin. It is actually a polyester, created by the mixture of two monomers, namely, modified ethylene glycol and purified terephthalic acid. PET is often recycled into new PET containers, carpet, clothing, protective packaging, industrial strapping, automotive parts, construction materials, tennis balls, and tennis ball canisters.

Global Recycled Polyethylene Terephthalate Market Segments Include:

By Product: Clear, Colored

By Application: Fiber, Sheet and Film, Strapping, Food and Beverage Containers and Bottles, Non-Food Containers and Bottles

By End-Use Industry: Packaging, Electrical and Electronics, Automotive, Construction
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the recycled polyethylene terephthalate market in 2021.

Technology advancement activities are a key trend gaining popularity in the recycled polyethylene terephthalate market, such as PET, XTREME Renew process, etc. Innovative recycling and recovery techniques and technologies have enormous economic value in transforming post-use and difficult-to-recycle plastic. They can be converted into their original building blocks that can be continually reintegrated to supply chains as feedstocks for new plastics and chemicals, other raw materials for manufacturing, and lower-environmental-footprint transportation fuels. Advanced recycling can handle impurities, contamination, mixed polymers, and low-quality, low-density plastics. Other than these printing waste manufacturers also utilize PET waste from other streams for this purpose, thus lowering material costs.

TBRC’s recycled polyethylene terephthalate market report covers:

Major Market Players: Placon Corporation, Verdeco Recycling Midwest Inc, Montello Spa, Antares Chem Private Limited, Indorama Ventures Public Company Limited, Zhejiang Anshun Pettechs Fibre Co. Ltd., PolyQuest Inc., Evergreen Plastics, Phoenix Technologies Ltd, M&G Chemicals S.A, LIBOLON, Clear Path Recycling LLC, BariQ, M&G Chemicals S.A., and OCTAL.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Recycled Polyethylene Terephthalate Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides recycled polyethylene terephthalate market overviews, analyzes and forecasts market size, share, recycled polyethylene terephthalate market players, recycled polyethylene terephthalate market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s recycled polyethylene terephthalate market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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