The Recycled PET Market is projected to reach USD 21.61 billion by 2030 from USD 12.12 billion in 2022, at a CAGR of 7.48% during the forecast period.
Market Segmentation & Coverage:
This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Recycled PET Market.
Based on Type, market is studied across rPET Chips, rPET Flakes, and rPET Pelletes. The rPET Flakes commanded largest market share of 36.77% in 2022, followed by rPET Pelletes.
Based on Grade, market is studied across Food Grade and Industrial Grade. The Industrial Grade commanded largest market share of 64.22% in 2022, followed by Food Grade.
Based on Color, market is studied across Clear and Colored. The Colored commanded largest market share of 62.21% in 2022, followed by Clear.
Based on Collection Source, market is studied across Post-commercial, Post-consumer, and Post-industrial. The Post-consumer commanded largest market share of 41.45% in 2022, followed by Post-industrial.
Based on End-User, market is studied across Automotive, Food & Beverage, Packaging, and Textile. The Packaging commanded largest market share of 27.90% in 2022, followed by Food & Beverage.
Based on End-Products, market is studied across Containers & Vessels, Films & Sheets, Long Fiber, and Plastic Bottles. The Films & Sheets commanded largest market share of 27.81% in 2022, followed by Long Fiber.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 37.10% in 2022, followed by Asia-Pacific.
Market Statistics:
The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.
FPNV Positioning Matrix:
The FPNV Positioning Matrix is an indispensable tool for assessing the Recycled PET Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.
Market Share Analysis:
The Market Share Analysis offers invaluable insights into the vendor landscape Recycled PET Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.
Key Company Profiles:
The report delves into recent significant developments in the Recycled PET Market, highlighting leading vendors and their innovative profiles. These include AeroFibre Pvt. Ltd., Agr International, Inc., Alliance Fibres Ltd., Aloxe Holding B.V., Alpek S.A.B. de C.V., Alpla Werke Alwin Lehner GmbH & Co KG, Amcor PLC, Berry Global, Inc., Dalmia Polypro Industries Pvt. Ltd., Dupont Teijin Films Limited, Eco Baltia group, Evergreen, Far Eastern New Century Corporation, Ganesha Ecosphere Ltd., Gravita India Limited, Green Group, Green Recycled&Modified Polymer Co Ltd., Indorama Ventures Public Company Limited, Intco, JB EcoTex Limited, JB rPET Industries Pvt. Ltd., KBR Inc., Langgeng Jaya Group, Libolon, Marglen Industries, Mitsubishi Chemical Corporation, Mura Technology Limited, NAPCOR, Neo Group, UAB, Nizza Plastics Company Ltd., Pashupati Group, Phoenix Technologies International, LLC, Placon Corporation, Plastipak Holdings, Inc., PolyQuest, Inc., PT. Hadtex, RM Corp., SLMG Beverages Pvt.Ltd., Srichakra PolyPlast, Suntory Holdings Limited, Vegware Limited, Veolia Environnement SA, Verdeco Recycling, and Zhejiang BoReTech Environmental Engineering Co., LTD.
The report offers valuable insights on the following aspects:
- Market Penetration: It provides comprehensive information about key players’ market dynamics and offerings.
- Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
- Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
- Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
- Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
- What is the market size and forecast for the Recycled PET Market?
- Which products, segments, applications, and areas hold the highest investment potential in the Recycled PET Market?
- What is the competitive strategic window for identifying opportunities in the Recycled PET Market?
- What are the latest technology trends and regulatory frameworks in the Recycled PET Market?
- What is the market share of the leading vendors in the Recycled PET Market?
- Which modes and strategic moves are suitable for entering the Recycled PET Market?