PET Bottle Recycling Market | Share, Analysis, Trend, challenges, Opportunities and Forecast to 2023

Market Research Future published a research report on “Global PET Bottle Recycling Market Research Report- Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and 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 Highlights

The global market of PET Bottle Recycling is growing rapidly and focusing on scrap recycling. Such recycling system accounts for features such as it reuse, reduced waste and can again use in Organizations. Recycling plastic bottles also helps conserve natural resources, especially oil, which is a non-renewable natural resource available in restricted supply. PET can be recovered and recycled repeatedly by washing and remelting for use in new PET products or it can be chemically broken down into its constituent raw materials and then purified and converted into new PET. Government is also adopting various initiatives for recycling plastic bottles.

Taste the market data and market information presented through more than 15 market data tables and 10 figures spread over 110 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “The Global PET Bottle Recycling Report -Forecast to 2023”.

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Plastic is inexpensive and is a durable form of material, which can readily be molded into a variety of products that have a wide range of applications. Recycling of plastic bottles increases the reuse of plastic material. PET can be recycled into new PET containers, carpet, clothing, protective packaging, industrial strapping, automotive parts, and construction materials. PET is a transparent, lightweight, strong, safe, shatterproof and recyclable packaging material with an inherent barrier, making it suitable for an array of product applications. PET is easy to store, carry, clean up and re-seal, making it the ideal package to accommodate active lifestyles.

The market has analyzed the market based on the three segments: process, application and end-use in the regions of North America, Europe, APAC and rest of the world. The market, on the basis of process, includes chemical and mechanical. Mechanical process is referred as the best method for recycling. Moreover, on the basis of application it includes food & beverages, personal care, pharmaceutical, consumer goods and others. The beverages segment showing is significant growth in PET bottle market. The market for PETs is expanding because recycling not only saves energy but also decreases emissions. Moreover growing environmental concern helps to grow the market of PET bottle recycling.

Beverages will be the largest segment
A large percentage of bottled water is packaged in plastic containers, which includes those made from PET, polycarbonate and high-density polyethylene (HDPE). Polyethylene terephthalate (PET) plastics are commonly used as water and soft drink bottles. These materials have poor biodegradability and high resistance to the atmosphere. The plastic bottle recycle market is picking up and is expected to grow at a steady rate in the near future, boosted by the increasing demand for recycled plastic bottles and growing environmental concerns.

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Key Players

We recognize the key players in the global PET bottle recycling market as 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)

Target Audience:

• Manufactures
• Raw Materials Suppliers
• Aftermarket suppliers
• Research Institute
• Potential Investors

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Table Of Content :

1 Executive Summary

2 Research Methodology

2.1 Scope Of The Study

2.1.1 Definition

2.1.2 Research Objective

2.1.3 Assumptions

2.1.4 Limitations

2.2 Research Process

2.2.1 Primary Research

2.2.2 Secondary Research

2.3 Market Size Estimation

2.4 Forecast Model

3 Market Dynamics

3.1 Market Drivers

3.2 Market Inhibitors

3.3 Supply/Value Chain Analysis

3.4 Porter’s Five Forces Analysis

4 Global PET Bottle Recycling Market, By Process

4.1 Chemical

4.2 Mechanical

5 Global PET Bottle Recycling Market, By Application

5.1 Introduction

5.2 Food & Beverages

5.3 Personal Care

5.4 Pharmaceutical

5.5 Consumer Goods

5.6 Others

6 Regional Market Analysis

Continues...

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