Recycled Polyethylene Terephthalate Market 2023: Phoenix Technologies, Zhejiang Anshun Pettechs Fiber co. ltd, Placon Corporation, Evergreen Plastics, LIBOLON, Indorama Ventures Public Company Limited, Verdeco Recycling Inc., PolyQuest, Inc., M&G Chemical

Global Recycled Polyethylene Terephthalate Market Information: By Type (Clear, Colored), Application (Fiber, Strapping, Sheet & Film, Food & Non-Food Bottles, and Others), Region- Forecast Till 2023
Market Snapshot

Recycled polyethylene terephthalate industry continues to flourish as trends such as reduce, and reuse become more significant. The growth in demand for recycled PET is dictated by the packaging sector and the trend is expected to continue throughout the review period. The global market for recycled polyethylene terephthalate is projected to exhibit a compound annual growth rate of 8.50% from 2018 to 2023.

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The global shipment of recycled PET surpassed 7,600 KT in 2017. This also characterizes the improving ratio of recycling PET. In U.S. alone, over 1 billion ponds of used PET containers and bottles are recovered each year. Environmental implications coupled with cost benefits is encouraging manufacturers to incline towards recycling. Emerging markets in the APAC region are also expected to play an influential role in determining the course of RPET industry in the forthcoming years.

Report Synopsis

This MRFR report offers an in-depth analysis of the global recycled polyethylene terephthalate market. It includes a market forecast until 2023. All the important parameters were considered for the analyzing the market. The research document also includes a discussion on important market developments. The scope of the discussion also covers the two major types of RPET (clear and colored). In addition, key application areas for RPET identified include fiber, sheet & film, strapping and food grade bottles & containers. In the report, the RPET market has been covered across North America, Europe, Latin America, the Middles East & Africa (MEA) and Asia Pacific (APAC).

Report Coverage

Historical market trends, market dynamics, forecast, market value by region as well as by segmentation, country-level analysis for each market segment, key player’s market share analysis and market factor analysis which covers supply chain and Porter’s five forces analysis of the market.

Companies Covered

Phoenix Technologies, Zhejiang Anshun Pettechs Fiber co. ltd, Placon Corporation, Evergreen Plastics, LIBOLON, Indorama Ventures Public Company Limited, Verdeco Recycling Inc., PolyQuest, Inc., M&G Chemicals, Montello S.p.A., Clear Path Recycling.

Research Methodology

MRFR utilizes advanced statistical algorithms for accurate determination of the fundamental aspects of industries and markets. The analysis process comprises both primary and secondary research models which allows a thorough validation of research findings. As a part of the secondary research module, paid services are utilized for information cumulation. Data accumulated through secondary means is complemented by primary research data which is acquired through first-hand interviews, surveys, questionnaires, and interactions with key level industry insiders. All criterions impacting the market are gauged with extensive detail to arrive at the final quantitative and qualitative data. Market sizing and estimation is based on the top-down and bottom-up approaches to present an illustrative market representation.

Other Description

Market Denomination- USD Mn
Base Year- 2017
Forecast Period- From 2018 to 2023
For the scope of the research, MRFR’s report offers a comprehensive segmental analysis of the global market for recycled polyethylene terephthalate

By Type

Clear
Colored
By Application

Fiber
Sheet & Film
Strapping
Food Grade Bottles & Containers
Others
By Region

North America
Europe
Asia Pacific (APAC)
Latin America
The Middle East & Africa (MEA)

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Intended Audience:
Recycled polyethylene terephthalate manufacturers
Traders and distributors of recycled polyethylene terephthalate
Research and development institutes
Potential investors
Raw material suppliers
Nationalized laboratory

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
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