Press release
Global Recycled PET Chips Market Insights and Trends to 2025
This report focuses on Recycled PET Chips. PET, or polyethylene tephthalate, is semi-rigid to rigid, depending on thickness. It makes a good barrier method, especially for use in water bottles, soft and fizzy drink bottles, pots, tubs, oven ready trays, jam jars soft drink bottles. PET can be produced in a thin film, such as that which is used to make Mylar. It is also used for flexible food packaging. When recycled, it is made into fiberfill, carpeting, or non-food containers and bottles.
Recycled PET (RPET) is a viable alternative to virgin PET and can be used in multiple applications. Main application of RPET chips is used to produce fiber, which can be further fabricated as textile or carpets. In 2017, fiber takes 83.27% of total market share. Recycled PET chips can also be used to produce bottles, sheets, film, etc. Over the last several years, RPET has been successfully used in food packaging applications.
The price and demand of Recycled PET is greatly affected by the price of virgin PET chips. When the price of virgin PET chips goes up, the price of Recycled PET chips can also be lifted. The gross margin of the industry is not high due to the immature of the industry, as well as low entry barrier. However, the market space of Recycled PET is huge, as recycle rate of waste bottles has been growing in both developed and developing countries. The Global Recycled PET Chips market size was 7765.03 million USD in 2017 and it will be 11187.38 million USD in 2024, with a Growth Rate of 5.35% from 2017 to 2024.
The global Recycled PET Chips market is valued at 7770 million US$ in 2017 and will reach 11800 million US$ by the end of 2025, growing at a CAGR of 5.4% during 2018-2025.
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The research report also assists the companies functional in the global Recycled PET Chips market in understanding the existing market trends and, thus, shaping their businesses accordingly. It further evaluates the previous and the existing performance of this market and makes future projections on the basis of these assessments. It also assesses the global market from the perspective of the current market chain by utilizing the data related to import and export and the sales dynamics of the products available in this market across the world.
The major manufacturers covered in this report
Clean Tech Incorporated
Clear Path Recycling
Mohawk Industries Incorporated
CarbonLite Industries
Greentech
Visy
Evergreen Plastics
Extrupet
PolyQuest
Phoenix Technologies
Verdeco Recycling
4PET RECYCLING BV
Far Eastern Group
Kyoei Industry
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Clear Chip
Brown Chip
Green Chip
Blue Chip
Other
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
Bottles
Sheet
Fiber
Strapping
Table of Contents
Global Recycled PET Chips Market Research Report 2018
1 Recycled PET Chips Market Overview
1.1 Product Overview and Scope of Recycled PET Chips
1.2 Recycled PET Chips Segment by Type (Product Category)
1.2.1 Global Recycled PET Chips Production and CAGR (%) Comparison by Type (Product Category)(2013-2025)
1.2.2 Global Recycled PET Chips Production Market Share by Type (Product Category) in 2017
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2 Global Recycled PET Chips Market Competition by Manufacturers
2.1 Global Recycled PET Chips Capacity, Production and Share by Manufacturers (2013-2018)
2.1.1 Global Recycled PET Chips Capacity and Share by Manufacturers (2013-2018)
2.1.2 Global Recycled PET Chips Production and Share by Manufacturers (2013-2018)
2.2 Global Recycled PET Chips Revenue and Share by Manufacturers (2013-2018)
2.3 Global Recycled PET Chips Average Price by Manufacturers (2013-2018)
3 Global Recycled PET Chips Capacity, Production, Revenue (Value) by Region (2013-2018)
3.1 Global Recycled PET Chips Capacity and Market Share by Region (2013-2018)
3.2 Global Recycled PET Chips Production and Market Share by Region (2013-2018)
3.3 Global Recycled PET Chips Revenue (Value) and Market Share by Region (2013-2018)
3.4 Global Recycled PET Chips Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
3.5 North America Recycled PET Chips Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
Key Stakeholders
Recycled PET Chips Manufacturers
Recycled PET Chips Distributors/Traders/Wholesalers
Recycled PET Chips Subcomponent Manufacturers
Industry Association
Downstream Vendors
Available Customizations
With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:
Regional and country-level analysis of the Recycled PET Chips market, by end-use.
Detailed analysis and profiles of additional market players.
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