Recycled PET (rPET) Retrospective Market Trends, Growth, Scope, Size, Overall Analysis and Demand by 2027

Global Recycled PET (rPET) Market Research Report 2020-2027, this title divided by product type, applications, industry verticals, and research regions build an in-depth explanation of the perspectives, and comprehensive market statistics. The report presents a thorough analysis of the Recycled PET (rPET) Market covering key trends, deployment models, challenges, market drivers, future roadmap, ecosystem player profiles, strategies, and value chain.

The global recycled polyethylene terephthalate market size was valued at USD 7.34 billion in 2019. It is projected to register a CAGR of 7.9% during the forecast period.

Click the link to get a free Sample Copy of the Report (before the purchase):

https://www.marketinsightsreports.com/reports/03121900516/global-recycled-pet-rpet-market-research-report-2015-2027-of-major-types-applications-and-competitive-vendors-in-top-regions-and-countries/inquiry?Source=Openpr&Mode=69
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report JFC Plastics Ltd, Foss Manufacturing LLC, G.E.T Recycling Co. Ltd, Lotte Chemicals, Verdeco Recycling Inc., PolyQuest, M&G Chemicals, Centriforce Products Ltd, Libolon, UltrePET LLC, Clean Tech UK Ltd, Krones AG, DS Smith, DutchPetRecycling, Repro-PET, Reliance Industries Limited, Petco.co.za, Phoenix Technologies, Dennison Ltd, Placon (Ecostar).

In terms of revenue, the US market for recycled polyethylene terephthalate represented a sizeable share in the overall revenues in 2019. It is anticipated to advance at a CAGR of 8.5% over the forecast period. The US is not only the largest market for rPET in North America but also one of the largest markets globally.

Despite the presence of a number of recycling plants, the US has managed to become one of the country's largest PET recycling globally. The country has about 31.0% PET bottle collection rate, which is higher than the global average, and compared to Canada.

PET Recycling: Trends, developments & outlook

Turnaround in PET recycling trend: from recycler to producer

The great economic and sustainable success of PET recycling, however, suffered a major setback in 2013 as a result of the low oil price. The price of virgin material was suddenly more or less on a par with that of recycled pellets. This development in the market prompted recyclers in particular to reconsider their business model and led to new forms of collaboration between recyclers and brand owners. Working together brought benefits for both sides: recyclers had a reliable market of buyers for their recyclates and brand owners were able to make the reuse of rPET a USP compared to their competitors and have a positive image with consumers for promoting sustainability. Besides increased collaboration with brand owners, the direct processing of PET flakes to make semi-finished or end products emerged as a further trend. As a result, many recyclers extended their recyclate portfolio by adding sheet/strapping end products.

The global Recycled PET (rPET) Market is segmented on the lines of its product, application, and regional.

Based on product type segmentation it covers (PET Staple Fiber, PET Straps, PET Sheets or Films);

Based on application it covers (Packaging, Industrial Yarn, Mono Filaments, Strapping, Building Materials, Others)

The global Recycled PET (rPET) Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.

Inquiry For Discount:

https://www.marketinsightsreports.com/reports/03121900516/global-recycled-pet-rpet-market-research-report-2015-2027-of-major-types-applications-and-competitive-vendors-in-top-regions-and-countries/discount?Source=Openpr&Mode=69

Table of Contents:

- Global Recycled PET (rPET) Market Overview

- Global Recycled PET (rPET) Market Competition by Manufacturers

- Recycled PET (rPET) Retrospective Market Scenario by Region

- Global Recycled PET (rPET) Historic Market Analysis by Type

- Production, Revenue (Value), Price Trend by Type

- Global Recycled PET (rPET) Historic Market Analysis by Application

- Company Profiles and Key Figures in Recycled PET (rPET) Business

- Recycled PET (rPET) Manufacturing Cost Analysis

- Marketing Channel, Distributors and Customers

- Market Dynamics

- Global Market Forecast

Finally, Recycled PET (rPET) Market report is the believable source for gaining the Market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request and Market development rate and figure and so on. This report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.

We Also Offer Customization on report based on specific client Requirement:

- Free country Level analysis for any 5 countries of your choice.

- Free Competitive analysis of any 5 key market players.

- Free 40 analyst hours to cover any other data point.

All the reports that we list have been tracking the impact of COVID-19 the market. Both upstream and downstream of the entire supplychain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

Irfan Tamboli (Head of Sales) - Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687

Market Insights Reports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. Market Insights Reports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

This release was published on openPR.