Recycled PET Market Growth, Trends, and Key Insights 2025 | Leading key players - Placon, Clear Path Recycling LLC, Verdeco Recycling Inc.

The Global Recycled PET Market reached US$ 10.5 Billion in 2023 and is expected to reach US$ 17.4 Billion by 2031, growing with a CAGR of 6.5% during the forecast period 2024-2031.

Recycled PET Market report, published by DataM Intelligence, delivers detailed insights and analysis on major market trends, growth prospects, and emerging challenges. With a strong focus on providing actionable intelligence, DataM Intelligence enables businesses to make well-informed decisions and maintain a competitive edge. By blending both qualitative and quantitative research approaches, the company offers thorough reports that support clients in navigating complex market environments, driving strategic expansion, and capitalizing on new opportunities in today's rapidly evolving global landscape.

The Recycled PET Market involves the collection, processing, and reuse of post-consumer PET plastic, commonly used in beverage bottles, containers, and textiles. By reprocessing this material, manufacturers reduce environmental impact, conserve resources, and promote sustainability. The market continues to grow as consumers, industries, and governments push for eco-friendly alternatives, aligning with global recycling and waste reduction goals.

Request a Free Sample PDF of This Report (Corporate Email IDs Receive Priority Service): https://datamintelligence.com/download-sample/recycled-pet-market?sz

Market opportunities and Growth Drivers:

➠ Rising Environmental Concerns Drive Demand for RPET

➠ Increasing Demand for RPET in the Food and Beverage Industry Fuels Market Growth

➠ High Costs of RPET Production May Limit Market Expansion

Recycled PET Market Recent Development:

On October 4, 2023, Coca-Cola India introduced fully recycled PET bottles for its flagship Coca-Cola brand in 750 ml and 250 ml sizes across various markets in the country. These bottles are made from food-grade recycled polyethylene terephthalate (PET), which has been approved by both the US FDA and the European Food Safety Authority (EFSA). This move is part of Coca-Cola India's effort to reduce plastic waste and improve sustainability by using 100% recycled material, offering consumers an eco-friendly packaging option.

On September 25, 2023, Indorama Ventures, a leader in PET production and recycling, achieved a significant milestone by recycling 100 billion PET bottles. This achievement has allowed the company to divert 2.1 million tons of waste from landfills and reduce its carbon footprint by 2.9 million tons. Indorama Ventures' efforts contribute significantly to the global push for a circular economy and the reduction of plastic waste, highlighting the impact that large-scale recycling initiatives can have on both the environment and the industry.

List of the Key Players in the Recycled PET Market:

Placon, Clear Path Recycling LLC, Verdeco Recycling Inc., Indorama Ventures Public Ltd., Zhejiang Anshun Pettechs Fibre Co., Ltd., PolyQuest, Evergreen Plastics Inc., Pheonix Technologies, Libolon and Biffa.

Research Process:

Both primary and secondary data sources have been used in the global Recycled PET Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

Make an Enquiry for purchasing this Report @ https://www.datamintelligence.com/enquiry/recycled-pet-market

Segment Covered in the Recycled PET Market:

By Source: Bottles & Containers, Films & Sheets.

By Grade: Grade A, Grade B.

By Type: Flakes, Chips.

By Color: Clear, Colored.

By End-User: Fibers, Films & Sheets, Food & Beverage Containers & Bottles, Non-Food Containers & Bottles, Others.

Regional Analysis for Recycled PET Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

People Also Ask:

Most Frequently Asked Questions in the Recycled PET Market Research Industry:

➠ What are the global figures for sales, production, consumption, imports, and exports in the Recycled PET market?

➠ Who are the top manufacturers in the global Recycled PET industry, and what is their current status in terms of production capacity, output, sales performance, pricing structure, cost analysis, profit margins, and overall revenue?

➠ What key opportunities are available for vendors in the Recycled PET market, and what challenges are they likely to encounter?

➠ Which application areas, end-user segments, or product types are projected to experience significant growth, and how is the market share distributed among them?

➠ What are the major drivers and barriers influencing the growth trajectory of the Recycled PET market?

➠ What are the primary sales, marketing, and distribution strategies used across the global Recycled PET industry landscape?

Browse More Reports: https://www.datamintelligence.com/research-report/recycled-pet-market

Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com

About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.

This release was published on openPR.