The Business Research Company’s report goes into great detail on the recycled polyethylene terephthalate market size and growth, recycled polyethylene terephthalate market regional analysis, recycled polyethylene terephthalate market competitive landscape, and other critical information needed to excel in the recycled polyethylene terephthalate industry.

Major players in the recycled polyethylene terephthalate market include 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.

TBRC’s comprehensive market report based on extensive research will assist you in seamlessly devising your approaches in order to match key market player strategies.

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%.

Asia Pacific was the largest region in the recycled polyethylene terephthalate market in 2021.

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.

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

Request A Sample Of The Global Recycled Polyethylene Terephthalate Market Report

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 Global Recycled Polyethylene Terephthalate Market Report Is Segmented:
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: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

The Recycled Polyethylene Terephthalate Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides an overview of the recycled polyethylene terephthalate market globally and regionally, analyzes and forecasts market size, share, recycled polyethylene terephthalate market players, recycled polyethylene terephthalate market segments, leading competitor revenues, profiles and market shares.

Here Is A List Of Similar Reports From The Business Research Company:

Barrier Resins Global Market Report 2022

Biodegradable Plastics Global Market Report 2022

Converted Paper Products Global Market Report 2022

Interested To Know More About The Business Research Company?
The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.

Read More About Us At https://www.thebusinessresearchcompany.com/about-the-business-research-company.aspx

Contact Us:

The Business Research Company

Europe: +44 207 1930 708

Asia: +91 8897263534

Americas: +1 315 623 0293

Email: info@tbrc.info

Follow us on LinkedIn: https://in.linkedin.com/company/the-business-research-company

Follow us on Twitter: https://twitter.com/tbrc_info

Check out our Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Found this article helpful? Share it on: