Increased Awareness Towards Recycling Driving PET Bottle Recycling Market, Forecast to 2023

Global PET Bottle Recycling Market, By Process (Chemical, Mechanical), By Application (Beverages, Personal Care, Pharmaceutical, Consumer goods, and others) - Forecast 2016-2023.

Market Synopsis of PET Bottle Recycling Market:
PET bottles are the leading segment of the plastic bottle recycling market, as it has become the material of choice in the beverage sector, which is leading to most of the rise in the demand for packaged food and beverages. Polyethylene Terephthalate, commonly known as PET or PETE is best known as the clear plastic used for water and soda bottle containers. Plastic bottles are majorly consumed as well as are dumped and to avoid the wastage, recycling of the bottles is carried out on large scale. As a raw material, PET is globally recognized as a safe, non-toxic, strong, lightweight, flexible material that is 100% recyclable. Recycling provides opportunities to reduce both carbon dioxide emissions and the quantities of waste. Moreover, advanced technologies and systems for the collection, sorting and reprocessing of recyclable PETs are creating new opportunities for recycling market.

Government initiatives towards recycling of PET bottles and increased awareness of people are driving the PET bottle recycling market. However, its high operational cost may hamper the growth of the market, significantly.

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Regional Analysis of Global PET Bottle Recycling Market:
Global PET Bottle Recycling Market is growing rapidly owing to factors such as growing prospects for recycled product, growing environmental concerns and among other. Currently Europe is dominating the PET bottle recycling market. The role of plastic recyclers in Europe is to promote plastic recycling and creation for profitable and sustainable environment. Recycled bottles are gaining popularity across end user industries and the government is also adopting new measures for recycling PET bottles.

Key Players:
The key players of global PET bottle recycling market include Advanced Environmental Recycling Technologies, Inc. (U.S.), Avangard Innovative (U.S.), Phoenix Technologies International LLC (U.S.), UltrePET LLC (U.S.), Evergreen Plastics Ltd (U.S.), Complete Recycling (U.S.), ECO2 Plastics Inc (U.S.), Worldwide Recycler Services, LLC (U.S.) Kuusakoski Oy (Finland) and PlasticsEurope (Belgium).

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BRIEF TOC:
1. EXECUTIVE SUMMARY
2. RESEARCH METHODOLOGY
3. MARKET DYNAMICS
4. GLOBAL MARKET, BY PROCESS
5. GLOBAL MARKET, BY APPLICATION
6. REGIONAL MARKET ANALYSIS
7. COMPETITIVE ANALYSIS
8. CONCLUSION
9. LIST OF TABLES
10. LIST OF FIGURES

The report for Global PET Bottle Recycling Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

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