Recycled PET Chips Market Poised for Expansion: Sustainability Drives Innovation and Growth in Packaging Solutions

LOS ANGELES, United States: The global market for recycled PET chips is witnessing significant growth, driven by increasing awareness of sustainability and the need for eco-friendly materials. Leading companies in this space, such as Indorama Ventures, Far East New Century, Alpek (DAK Americas), Greentech, and Veolia, collectively account for approximately 13% of the market share. China emerges as the largest market for recycled PET chips, capturing over 40% of the global share due to its robust manufacturing sector and commitment to recycling initiatives. Europe follows closely, with a market share exceeding 20%. This trend indicates a strong demand for recycled materials across various industries, as companies seek to enhance their sustainability profiles and meet regulatory requirements for recycling and waste reduction.

The global Recycled PET Chips market was valued at US$ 12530 million in 2023 and is anticipated to reach US$ 18610 million by 2030, witnessing a CAGR of 5.9% during the forecast period 2024-2030.

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Key Players Mentioned in the Global Recycled PET Chips Market Research Report: Indorama Ventures, Far East New Century, Alpek (DAK Americas), Plastipak Holdings, Greentech, Visy, SUEZ, Veolia, Long Fu Huanneng, Jiulong Regeneration Technology, Haili Environmental Technology, Xingke Chemical Fiber, Zhejiang Jiaren New Materials, Guangdong Qiusheng Resources, Baichuan Resource Regeneration Technology, Guangxi Guolong Renewable Resources

In terms of product segmentation, clear PET chips dominate the market, representing over 63% of total sales, while green PET chips hold a smaller share of around 10%. The textile industry is the largest application segment for recycled PET chips, accounting for nearly 83% of the market. This high demand is largely attributed to the growing consumer preference for sustainable fashion and eco-friendly products, as well as the increasing adoption of recycled materials in the production of clothing and textiles. As the global emphasis on environmental responsibility continues to intensify, the market for recycled PET chips is expected to expand further. Innovations in recycling technologies, coupled with heightened consumer awareness of environmental issues, are driving the adoption of recycled materials across multiple sectors. The push towards circular economy practices will likely reshape the future of the recycled PET chips market, fostering opportunities for growth and encouraging manufacturers to invest in sustainable practices, ultimately benefiting both the environment and the economy.

Market Segmentation

Global Recycled PET Chips Market, Segment by Type

Clear Chip

Brown Chip

Green Chip

Blue Chip

Others

Global Recycled PET Chips Market, Segment by Application

Textile

Bottles

Sheet

Strapping

Others

Key regions including but not limited to North America, Asia Pacific, Europe, and the MEA are exhaustively analyzed based on market size, CAGR, market potential, economic and political factors, regulatory scenarios, and other significant parameters. The regional analysis provided in the report will help market participants to identify lucrative and untapped business opportunities in different regions and countries. It includes a special study on production and production rate, import and export, and consumption in each regional Recycled PET Chips market considered for research. The report also offers detailed analysis of country-level Recycled PET Chips markets.

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Table of Content

1 Recycled PET Chips Market Overview
1.1 Product Definition
1.2 Recycled PET Chips by Type
1.2.1 Global Recycled PET Chips Market Value Growth Rate Analysis by Type: 2023 VS 2030
1.2.2 Clear Chip
1.2.3 Brown Chip
1.2.4 Green Chip
1.2.5 Blue Chip
1.2.6 Others
1.3 Recycled PET Chips by Application
1.3.1 Global Recycled PET Chips Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Textile
1.3.3 Bottles
1.3.4 Sheet
1.3.5 Strapping
1.3.6 Others
1.4 Global Market Growth Prospects
1.4.1 Global Recycled PET Chips Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Recycled PET Chips Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Recycled PET Chips Production Estimates and Forecasts (2019-2030)
1.4.4 Global Recycled PET Chips Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations

2 Market Competition by Manufacturers
2.1 Global Recycled PET Chips Production Market Share by Manufacturers (2019-2024)
2.2 Global Recycled PET Chips Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Recycled PET Chips, Industry Ranking, 2022 VS 2023
2.4 Global Recycled PET Chips Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Recycled PET Chips Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Recycled PET Chips, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Recycled PET Chips, Product Offered and Application
2.8 Global Key Manufacturers of Recycled PET Chips, Date of Enter into This Industry
2.9 Recycled PET Chips Market Competitive Situation and Trends
2.9.1 Recycled PET Chips Market Concentration Rate
2.9.2 Global 5 and 10 Largest Recycled PET Chips Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion

3 Recycled PET Chips Production by Region
3.1 Global Recycled PET Chips Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Recycled PET Chips Production Value by Region (2019-2030)
3.2.1 Global Recycled PET Chips Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Recycled PET Chips by Region (2025-2030)
3.3 Global Recycled PET Chips Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Recycled PET Chips Production by Region (2019-2030)
3.4.1 Global Recycled PET Chips Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Recycled PET Chips by Region (2025-2030)
3.5 Global Recycled PET Chips Market Price Analysis by Region (2019-2024)
3.6 Global Recycled PET Chips Production and Value, Year-over-Year Growth
3.6.1 North America Recycled PET Chips Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Recycled PET Chips Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Recycled PET Chips Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Recycled PET Chips Production Value Estimates and Forecasts (2019-2030)

4 Recycled PET Chips Consumption by Region
4.1 Global Recycled PET Chips Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Recycled PET Chips Consumption by Region (2019-2030)
4.2.1 Global Recycled PET Chips Consumption by Region (2019-2030)
4.2.2 Global Recycled PET Chips Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Recycled PET Chips Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Recycled PET Chips Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Recycled PET Chips Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Recycled PET Chips Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Recycled PET Chips Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Recycled PET Chips Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Recycled PET Chips Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Recycled PET Chips Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries

5 Segment by Type
5.1 Global Recycled PET Chips Production by Type (2019-2030)
5.1.1 Global Recycled PET Chips Production by Type (2019-2024)
5.1.2 Global Recycled PET Chips Production by Type (2025-2030)
5.1.3 Global Recycled PET Chips Production Market Share by Type (2019-2030)
5.2 Global Recycled PET Chips Production Value by Type (2019-2030)
5.2.1 Global Recycled PET Chips Production Value by Type (2019-2024)
5.2.2 Global Recycled PET Chips Production Value by Type (2025-2030)
5.2.3 Global Recycled PET Chips Production Value Market Share by Type (2019-2030)
5.3 Global Recycled PET Chips Price by Type (2019-2030)

6 Segment by Application
6.1 Global Recycled PET Chips Production by Application (2019-2030)
6.1.1 Global Recycled PET Chips Production by Application (2019-2024)
6.1.2 Global Recycled PET Chips Production by Application (2025-2030)
6.1.3 Global Recycled PET Chips Production Market Share by Application (2019-2030)
6.2 Global Recycled PET Chips Production Value by Application (2019-2030)
6.2.1 Global Recycled PET Chips Production Value by Application (2019-2024)
6.2.2 Global Recycled PET Chips Production Value by Application (2025-2030)
6.2.3 Global Recycled PET Chips Production Value Market Share by Application (2019-2030)
6.3 Global Recycled PET Chips Price by Application (2019-2030)

7 Key Companies Profiled
7.1 Indorama Ventures
7.1.1 Indorama Ventures Recycled PET Chips Company Information
7.1.2 Indorama Ventures Recycled PET Chips Product Portfolio
7.1.3 Indorama Ventures Recycled PET Chips Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Indorama Ventures Main Business and Markets Served
7.1.5 Indorama Ventures Recent Developments/Updates
7.2 Far East New Century
7.2.1 Far East New Century Recycled PET Chips Company Information
7.2.2 Far East New Century Recycled PET Chips Product Portfolio
7.2.3 Far East New Century Recycled PET Chips Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Far East New Century Main Business and Markets Served
7.2.5 Far East New Century Recent Developments/Updates
7.3 Alpek (DAK Americas)
7.3.1 Alpek (DAK Americas) Recycled PET Chips Company Information
7.3.2 Alpek (DAK Americas) Recycled PET Chips Product Portfolio
7.3.3 Alpek (DAK Americas) Recycled PET Chips Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Alpek (DAK Americas) Main Business and Markets Served
7.3.5 Alpek (DAK Americas) Recent Developments/Updates
7.4 Plastipak Holdings
7.4.1 Plastipak Holdings Recycled PET Chips Company Information
7.4.2 Plastipak Holdings Recycled PET Chips Product Portfolio
7.4.3 Plastipak Holdings Recycled PET Chips Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Plastipak Holdings Main Business and Markets Served
7.4.5 Plastipak Holdings Recent Developments/Updates
7.5 Greentech
7.5.1 Greentech Recycled PET Chips Company Information
7.5.2 Greentech Recycled PET Chips Product Portfolio
7.5.3 Greentech Recycled PET Chips Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Greentech Main Business and Markets Served
7.5.5 Greentech Recent Developments/Updates
7.6 Visy
7.6.1 Visy Recycled PET Chips Company Information
7.6.2 Visy Recycled PET Chips Product Portfolio
7.6.3 Visy Recycled PET Chips Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Visy Main Business and Markets Served
7.6.5 Visy Recent Developments/Updates
7.7 SUEZ
7.7.1 SUEZ Recycled PET Chips Company Information
7.7.2 SUEZ Recycled PET Chips Product Portfolio
7.7.3 SUEZ Recycled PET Chips Production, Value, Price and Gross Margin (2019-2024)
7.7.4 SUEZ Main Business and Markets Served
7.7.5 SUEZ Recent Developments/Updates
7.8 Veolia
7.8.1 Veolia Recycled PET Chips Company Information
7.8.2 Veolia Recycled PET Chips Product Portfolio
7.8.3 Veolia Recycled PET Chips Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Veolia Main Business and Markets Served
7.8.5 Veolia Recent Developments/Updates
7.9 Long Fu Huanneng
7.9.1 Long Fu Huanneng Recycled PET Chips Company Information
7.9.2 Long Fu Huanneng Recycled PET Chips Product Portfolio
7.9.3 Long Fu Huanneng Recycled PET Chips Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Long Fu Huanneng Main Business and Markets Served
7.9.5 Long Fu Huanneng Recent Developments/Updates
7.10 Jiulong Regeneration Technology
7.10.1 Jiulong Regeneration Technology Recycled PET Chips Company Information
7.10.2 Jiulong Regeneration Technology Recycled PET Chips Product Portfolio
7.10.3 Jiulong Regeneration Technology Recycled PET Chips Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Jiulong Regeneration Technology Main Business and Markets Served
7.10.5 Jiulong Regeneration Technology Recent Developments/Updates
7.11 Haili Environmental Technology
7.11.1 Haili Environmental Technology Recycled PET Chips Company Information
7.11.2 Haili Environmental Technology Recycled PET Chips Product Portfolio
7.11.3 Haili Environmental Technology Recycled PET Chips Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Haili Environmental Technology Main Business and Markets Served
7.11.5 Haili Environmental Technology Recent Developments/Updates
7.12 Xingke Chemical Fiber
7.12.1 Xingke Chemical Fiber Recycled PET Chips Company Information
7.12.2 Xingke Chemical Fiber Recycled PET Chips Product Portfolio
7.12.3 Xingke Chemical Fiber Recycled PET Chips Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Xingke Chemical Fiber Main Business and Markets Served
7.12.5 Xingke Chemical Fiber Recent Developments/Updates
7.13 Zhejiang Jiaren New Materials
7.13.1 Zhejiang Jiaren New Materials Recycled PET Chips Company Information
7.13.2 Zhejiang Jiaren New Materials Recycled PET Chips Product Portfolio
7.13.3 Zhejiang Jiaren New Materials Recycled PET Chips Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Zhejiang Jiaren New Materials Main Business and Markets Served
7.13.5 Zhejiang Jiaren New Materials Recent Developments/Updates
7.14 Guangdong Qiusheng Resources
7.14.1 Guangdong Qiusheng Resources Recycled PET Chips Company Information
7.14.2 Guangdong Qiusheng Resources Recycled PET Chips Product Portfolio
7.14.3 Guangdong Qiusheng Resources Recycled PET Chips Production, Value, Price and Gross Margin (2019-2024)
7.14.4 Guangdong Qiusheng Resources Main Business and Markets Served
7.14.5 Guangdong Qiusheng Resources Recent Developments/Updates
7.15 Baichuan Resource Regeneration Technology
7.15.1 Baichuan Resource Regeneration Technology Recycled PET Chips Company Information
7.15.2 Baichuan Resource Regeneration Technology Recycled PET Chips Product Portfolio
7.15.3 Baichuan Resource Regeneration Technology Recycled PET Chips Production, Value, Price and Gross Margin (2019-2024)
7.15.4 Baichuan Resource Regeneration Technology Main Business and Markets Served
7.15.5 Baichuan Resource Regeneration Technology Recent Developments/Updates
7.16 Guangxi Guolong Renewable Resources
7.16.1 Guangxi Guolong Renewable Resources Recycled PET Chips Company Information
7.16.2 Guangxi Guolong Renewable Resources Recycled PET Chips Product Portfolio
7.16.3 Guangxi Guolong Renewable Resources Recycled PET Chips Production, Value, Price and Gross Margin (2019-2024)
7.16.4 Guangxi Guolong Renewable Resources Main Business and Markets Served
7.16.5 Guangxi Guolong Renewable Resources Recent Developments/Updates

8 Industry Chain and Sales Channels Analysis
8.1 Recycled PET Chips Industry Chain Analysis
8.2 Recycled PET Chips Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Recycled PET Chips Production Mode & Process
8.4 Recycled PET Chips Sales and Marketing
8.4.1 Recycled PET Chips Sales Channels
8.4.2 Recycled PET Chips Distributors
8.5 Recycled PET Chips Customers

9 Recycled PET Chips Market Dynamics
9.1 Recycled PET Chips Industry Trends
9.2 Recycled PET Chips Market Drivers
9.3 Recycled PET Chips Market Challenges
9.4 Recycled PET Chips Market Restraints

10 Research Findings and Conclusion

11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer

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