Recycled Polyethylene Terephthalate Market - Global Industry Analysis

Recycled Polyethylene Terephthalate Market - By Product (Clear and Colored), By End-Use (Fibers and Food & Beverage Containers), And By Region- Global Industry Perspective, Comprehensive Analysis, and Forecast, 2021 – 2028

Published Date: 11-Jul-2021 Category: Chemical & Materials Report Format : PDF Pages: 140 Report Code: ZMR-6467 Status : Published

The global Recycled Polyethylene Terephthalate market accrued earnings worth approximately 8.57 (USD Billion) in 2020 and is predicted to gain revenue of about 14.85 (USD Billion) by 2028, is set to record a CAGR of nearly 6.8% over the period from 2021 to 2028.

Description

Global Recycled Polyethylene Terephthalate Market Overview

The Global Recycled Polyethylene Terephthalate market accrued earnings worth approximately 8.57 (USD Billion) in 2020 and is predicted to gain revenue of about 14.85 (USD Billion) by 2028, is set to record a CAGR of nearly 6.8% over the period from 2021 to 2028. The report offers an assessment and analysis of the Recycled Polyethylene Terephthalate market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2018 to 2020 along with a forecast from 2021 to 2028 based on revenue (USD Billion).

Report Scope :

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Recycled Polyethylene Terephthalate Market: Overview

Recycled PET is a kind of synthetic compound manufactured from used polyethylene terephthalate items and finds massive applications in myriad end-use sectors. The resins produced from recycled PET bottles are one of the major forms of recycled PET. Apart from this, recycled PET is utilized for making products such as fibers for polyester carpets, clothes for T-shirts, elongated underwear, luggage upholstery, athletic shoes, and sweaters. In addition to this, the product is also used in fiberfill for sleeping bags & winter coats, industrial strapping sheets, films, and vehicle components including luggage sacks, fuse boxes, grilles, door panels, bumpers, and PET containers for non-food items and food items.

Recycled Polyethylene Terephthalate Market: Growth Drivers

Recycled PET is utilized massively in the fiber sector as it is highly sensitive to heat degradation & degradation from pollutants like PVC. Moreover, recycling of PET varies from each country. For instance, in Europe, Germany recycles nearly half of PET. Apart from this, countries such as Belgium, France, Holland, the UK, and Italy have been very active in recycling activities. All these aforementioned aspects will steer recycled polyethylene terephthalate industry growth in the upcoming years. Growing concerns pertaining to sustainability of natural resources in emerging economies in Europe and North American sub-continents will drive recycled polyethylene terephthalate market trends. Nonetheless, huge carcinogenic compound emission can put brakes on market growth.

Furthermore, tilting government preference towards setting up of recycling PET units in countries such as Indonesia, China, Vietnam, Thailand, and India will prop up product penetration in Asia Pacific zone in the foreseeable future. Apart from this, escalating use of the product in packaging sector will benefit recycled polyethylene terephthalate industry over the forecasting timeline. Humungous use of recycled PET in food & beverages as well as non-food packaging products will increase market size over assessment period. Large-scale awareness pertaining to plastic recycling along with supportive government laws associated with recycling of plastic materials will proliferate business space in the next couple of years. Low costs of production in comparison to other kinds of polymers and increase product usage in myriad sectors will scale up recycled PET market expansion. High demand for packaged food items & bottled drinks will accelerate recycled polyethylene terephthalate industry surge over forthcoming decade.

Global Recycled Polyethylene Terephthalate Market

Regional Landscape

European Market To Record Massive Growth Over 2021-2028

The regional market growth over forecast timeline is due to presence of various multinational brands in the continent. In addition to this, humungous demand for pellets, bales, and flakes will embellish regional market trends. Reportedly, European Governments have set target of nearly 54.5% plastic recycling by 2030. Moreover, Germany, France, UK, Holland, and Belgium are anticipated to be some of the major regional revenue pockets.

Competitive Landscape

Key participants profiled in the study include Zhejiang Anshun Pettechs Fibre Co., Ltd., Evergreen Plastics, Inc., PLACON, PolyQuest, Clear Path Recycling LLC, M&G Chemicals, Verdeco Recycling, Inc., Phoenix Technologies, and Libolon.

The global Recycled Polyethylene Terephthalate Market is segmented as follows:

By End-Use

  • Fibers
  • Food & Beverage Containers

By Product

  • Cleared
  • Colored

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description and Scope
    • 1.2. Research Scope
    • 1.3. Research Methodology
      • 1.3.1. Market Research Type
      • 1.3.2. Market Research Methodology
  • Chapter 2. Executive Summary
    • 2.1. Recycled Pulyethylene Terephthalate Market, 2018–2028(USD Billion)
    • 2.2. Recycled Pulyethylene Terephthalate Market: Snapshot
  • Chapter 3. Global Recycled Pulyethylene Terephthalate Market– End-Use Analysis
    • 3.1. Recycled Pulyethylene Terephthalate Market: Market Dynamics
    • 3.2. Market Drivers
      • 3.2.1. Low production costs in comparison to other kinds of pulymers and rising product usage in slew of sectors will prop up recycled PET market revenue over 2021-2028.
      • 3.2.2. Escalating demand for packaged food items & bottled drinks will steer recycled pulyethylene terephthalate industry surge during forthcoming years.
    • 3.3. Porter’s Five Forces Analysis
    • 3.4. Market Attractiveness Analysis
      • 3.4.1. Market attractiveness analysis By End-Use
      • 3.4.2. Market attractiveness analysis By Product
  • Chapter 4. Global Recycled Pulyethylene Terephthalate Market– Competitive Landscape
    • 4.1. Company market share analysis
      • 4.1.1. Global Recycled Pulyethylene Terephthalate Market: company market share, 2019
    • 4.2. Strategic development
      • 4.2.1. Acquisitions & mergers
      • 4.2.2. New Product launches
      • 4.2.3. Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4. Research and development and Regional expansion
    • 4.3. Price trend analysis
  • Chapter 5. Global Recycled Pulyethylene Terephthalate Market– End-Use Analysis
    • 5.1. Global Recycled Pulyethylene Terephthalate Market overview: By End-Use
      • 5.1.1. Global Recycled Pulyethylene Terephthalate Market share, By End-Use , 2020 and 2028
    • 5.2. Fibers
      • 5.2.1. Global Recycled Pulyethylene Terephthalate Market by Fibers, 2018–2028(USD Billion)
    • 5.3. Food & Beverage Containers
      • 5.3.1. Global Recycled Pulyethylene Terephthalate Market by Food & Beverage Containers, 2018–2028(USD Billion)
  • Chapter 6. Global Recycled Pulyethylene Terephthalate Market– Product Analysis
    • 6.1. Global Recycled Pulyethylene Terephthalate Market overview: By Product
      • 6.1.1. Global Recycled Pulyethylene Terephthalate Market share, By Product, 2020 and 2028
    • 6.2. Cleared
      • 6.2.1. Global Recycled Pulyethylene Terephthalate Market by Cleared, 2018–2028(USD Billion)
    • 6.3. Culored
      • 6.3.1. Global Recycled Pulyethylene Terephthalate Market by Culored, 2018–2028(USD Billion)
  • Chapter 7. Company Profiles Phoenix Technulogies, and Libulon.
    • 7.1. Zhejiang Anshun Pettechs Fibre Co., Ltd.
      • 7.1.1. Overview
      • 7.1.2. Financials
      • 7.1.3. Product Portfolio
      • 7.1.4. Business Strategy
      • 7.1.5. Recent Developments
    • 7.2. Evergreen Plastics, Inc.
      • 7.2.1. Overview
      • 7.2.2. Financials
      • 7.2.3. Product Portfolio
      • 7.2.4. Business Strategy
      • 7.2.5. Recent Developments
    • 7.3. PLACON
      • 7.3.1. Overview
      • 7.3.2. Financials
      • 7.3.3. Product Portfolio
      • 7.3.4. Business Strategy
      • 7.3.5. Recent Development
    • 7.4. PulyQuest
      • 7.4.1. Overview
      • 7.4.2. Financials
      • 7.4.3. Product Portfolio
      • 7.4.4. Business Strategy
      • 7.4.5. Recent Development
    • 7.5. Clear Path Recycling LLC
      • 7.5.1. Overview
      • 7.5.2. Financials
      • 7.5.3. Product Portfolio
      • 7.5.4. Business Strategy
      • 7.5.5. Recent Development
    • 7.6. M&G Chemicals
      • 7.6.1. Overview
      • 7.6.2. Financials
      • 7.6.3. Product Portfolio
      • 7.6.4. Business Strategy
      • 7.6.5. Recent Development
    • 7.7. Verdeco Recycling, Inc.
      • 7.7.1. Overview
      • 7.7.2. Financials
      • 7.7.3. Product Portfolio
      • 7.7.4. Business Strategy
      • 7.7.5. Recent Development
    • 7.8. Phoenix Technulogies
      • 7.8.1. Overview
      • 7.8.2. Financials
      • 7.8.3. Product Portfolio
      • 7.8.4. Business Strategy
      • 7.8.5. Recent Development
    • 7.9. Libulon
      • 7.9.1. Overview
      • 7.9.2. Financials
      • 7.9.3. Product Portfolio
      • 7.9.4. Business Strategy
      • 7.9.5. Recent Development

Table Of Figures

List of Figures

1. Market research Type
2. Market research methodology
3. Global Recycled Polyethylene Terephthalate Market, 2018–2028(USD Billion)
4. Porter’s Five Forces Analysis
5. Global Recycled Polyethylene Terephthalate Marketattractiveness, By End-Use
6. Global Recycled Polyethylene Terephthalate Marketattractiveness, By Product
7. Global Recycled Polyethylene Terephthalate Marketshare by End-Use ,2020 and 2028 (USD Billion)
8. Global Recycled Polyethylene Terephthalate Marketby Fibers, 2018–2028(USD Billion)
9. Global Recycled Polyethylene Terephthalate Marketby Food & Beverage Containers, 2018–2028(USD Billion)
10. Global Recycled Polyethylene Terephthalate Marketshare by Product ,2020 and 2028 (USD Billion)
11. Global Recycled Polyethylene Terephthalate Marketby Cleared, 2018–2028(USD Billion)
12. Global Recycled Polyethylene Terephthalate Marketby Colored, 2018–2028(USD Billion)
13. Global Recycled Polyethylene Terephthalate Marketshare, by Region, 2020 and 2028
14. North America Recycled Polyethylene Terephthalate Market, 2018–2028(USD Billion)
15. Europe Recycled Polyethylene Terephthalate Market, 2018–2028(USD Billion)
16. Asia Pacific Recycled Polyethylene Terephthalate Market, 2018–2028(USD Billion)
17. Latin America Recycled Polyethylene Terephthalate Market, 2018–2028(USD Billion)
18. The Middle East and Africa Recycled Polyethylene Terephthalate Market, 2018–2028(USD Billion)


Table Of Tables

List of Tables


1. Global Recycled Polyethylene Terephthalate Market: snapshot
2. Drivers of the Recycled Polyethylene Terephthalate Market: impact analysis
3. North America Recycled Polyethylene Terephthalate Market revenue, By End-Use  ,2018–2028(USD Billion)
4. North America Recycled Polyethylene Terephthalate Market revenue, By Product  ,2018–2028(USD Billion)
5. The U.S. Recycled Polyethylene Terephthalate Market revenue, By End-Use  ,2018–2028(USD Billion)
6. The U.S. Recycled Polyethylene Terephthalate Market revenue, By Product  ,2018–2028(USD Billion)
7. Rest of North America Recycled Polyethylene Terephthalate Market revenue, By End-Use  ,2018–2028(USD Billion)
8. Rest of North America Recycled Polyethylene Terephthalate Market revenue, By Product  ,2018–2028(USD Billion)
9. Europe Recycled Polyethylene Terephthalate Market revenue, By End-Use  ,2018–2028(USD Billion)
10. Europe Recycled Polyethylene Terephthalate Market revenue, By Product  ,2018–2028(USD Billion)
11. UK Recycled Polyethylene Terephthalate Market revenue, By End-Use  ,2018–2028(USD Billion)
12. UK Recycled Polyethylene Terephthalate Market revenue, By Product  ,2018–2028(USD Billion)
13. France Recycled Polyethylene Terephthalate Market revenue, By End-Use  ,2018–2028(USD Billion)
14. France Recycled Polyethylene Terephthalate Market revenue, By Product  ,2018–2028(USD Billion)
15. Germany Recycled Polyethylene Terephthalate Market revenue, By End-Use  ,2018–2028(USD Billion)
16. Germany Recycled Polyethylene Terephthalate Market revenue, By Product  ,2018–2028(USD Billion)
17. Rest of Europe Recycled Polyethylene Terephthalate Market revenue, By End-Use  ,2018–2028(USD Billion)
18. Rest of Europe Recycled Polyethylene Terephthalate Market revenue, By Product  ,2018–2028(USD Billion)
19. Asia Pacific Recycled Polyethylene Terephthalate Market revenue, By End-Use  ,2018–2028(USD Billion)
20. Asia Pacific Recycled Polyethylene Terephthalate Market revenue, By Product  ,2018–2028(USD Billion)
21. China Recycled Polyethylene Terephthalate Market revenue, By End-Use  ,2018–2028(USD Billion)
22. China Recycled Polyethylene Terephthalate Market revenue, By Product  ,2018–2028(USD Billion)
23. Japan Recycled Polyethylene Terephthalate Market revenue, By End-Use  ,2018–2028(USD Billion)
24. Japan Recycled Polyethylene Terephthalate Market revenue, By Product  ,2018–2028(USD Billion)
25. India Recycled Polyethylene Terephthalate Market revenue, By End-Use  ,2018–2028(USD Billion)
26. India Recycled Polyethylene Terephthalate Market revenue, By Product  ,2018–2028(USD Billion)
27. Rest of Asia Pacific Recycled Polyethylene Terephthalate Market revenue, By End-Use  ,2018–2028(USD Billion)
28. Rest of Asia Pacific Recycled Polyethylene Terephthalate Market revenue, By Product  ,2018–2028(USD Billion)
29. Latin America Recycled Polyethylene Terephthalate Market revenue, By End-Use  ,2018–2028(USD Billion)
30. Latin America Recycled Polyethylene Terephthalate Market revenue, By Product  ,2018–2028(USD Billion)
31. Brazil Recycled Polyethylene Terephthalate Market revenue, By End-Use  ,2018–2028(USD Billion)
32. Brazil Recycled Polyethylene Terephthalate Market revenue, By Product  ,2018–2028(USD Billion)
33. Rest of Latin America Recycled Polyethylene Terephthalate Market revenue, By End-Use  ,2018–2028(USD Billion)
34. Rest of Latin  America Recycled Polyethylene Terephthalate Market revenue, By Product  ,2018–2028(USD Billion)
35. The Middle East and Africa Recycled Polyethylene Terephthalate Market revenue, By End-Use  ,2018–2028(USD Billion)
36. The Middle East and Africa Recycled Polyethylene Terephthalate Market revenue, By Product  ,2018–2028(USD Billion)
37. Saudi Arabia Recycled Polyethylene Terephthalate Market revenue, By End-Use  ,2018–2028(USD Billion)
38. Saudi Arabia Recycled Polyethylene Terephthalate Market revenue, By Product  ,2018–2028(USD Billion)
39. South Africa Recycled Polyethylene Terephthalate Market revenue, By End-Use  ,2018–2028(USD Billion)
40. South Africa Recycled Polyethylene Terephthalate Market revenue, By Product  ,2018–2028(USD Billion)
41. Rest of the Middle East & Africa Recycled Polyethylene Terephthalate Market revenue, By End-Use  ,2018–2028(USD Billion)
42. Rest of the Middle East & Africa Recycled Polyethylene Terephthalate Market revenue, By Product  ,2018–2028(USD Billion)

 
 

Methodology

Choose License Type

FrequentlyAsked Questions

Recycled PET is utilized massively in fiber sector as it is highly sensitive to heat degradation & degradation from pollutants like PVC. Moreover, recycling of PET varies from each country. For instance, in Europe, Germany recycles nearly half of PET. Apart from this, countries such as Belgium, France, Holland, the UK, and Italy have been very active in recycling activities. All these aforementioned aspects will steer recycled polyethylene terephthalate industry growth in the upcoming years. Growing concerns pertaining to sustainability of natural resources in emerging economies in Europe and North American sub-continents will drive recycled polyethylene terephthalate market trends. 

Furthermore, tilting government preference towards setting up of recycling PET units in countries such as Indonesia, China, Vietnam, Thailand, and India will prop up product penetration in Asia Pacific zone in the foreseeable future. Apart from this, escalating use of the product in packaging sector will benefit recycled polyethylene terephthalate industry over the forecasting timeline. Humungous use of recycled PET in food & beverages as well as non-food packaging products will increase market size over assessment period. Large-scale awareness pertaining to plastic recycling along with supportive government laws associated with recycling of plastic materials will proliferate business space in the next couple of years.

According to Zion market research report, the global Recycled Polyethylene Terephthalate market accrued earnings worth approximately 8.57 (USD Billion) in 2020 and is predicted to gain revenue of about 14.85 (USD Billion) by 2028, is set to record a CAGR of nearly 6.8% over the period from 2021 to 2028.

Europe will contribute lucratively towards the global market size over the estimated timeline. The regional market surge is due to presence of various multinational brands in the continent. In addition to this, humungous demand for pellets, bales, and flakes will embellish regional market trends. Reportedly, European Governments have set target of nearly 54.5% plastic recycling by 2030. Moreover, Germany, France, UK, Holland, and Belgium are anticipated to be some of the major regional revenue pockets.

The key market participants include Zhejiang Anshun Pettechs Fibre Co., Ltd., Evergreen Plastics, Inc., PLACON, PolyQuest, Clear Path Recycling LLC, M&G Chemicals, Verdeco Recycling, Inc., Phoenix Technologies, and Libolon.

HappyClients

Office Address

Contact Us

Zion Market Research
Tel: +1 (844) 845-5245
USA/Canada Toll Free No.+1 (855) 465-4651

Asia Pacific Office

3rd Floor, Mrunal Paradise, Opp Maharaja Hotel, Pimple Gurav, Pune 411061, Maharashtra, India
Phone No 020-46277770

Contact #

US OFFICE NO +1 (844) 845-5245
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com

We Are On Social

Industry Press Release

We Accept

We have secured system to process your transaction.

  • paypal
  • amazon
  • visa
  • master card

Business Hours

Our support available to help you 24 hours a day, five days a week.

Monday - Friday: 9AM - 6PM

Saturday - Sunday: Closed