The report offers a complete analysis of the global Recycled Polyethylene Terephthalate market on a global and regional scale and offers a forecast for the market. The report provides extensive coverage of the market drivers, restraints, limitations, growth prospects, threats, opportunities, and current and emerging trends in the market. The report also offers an in-depth analysis of the market players along with their business overview, product portfolio, technological advancements, expansion plans, financial standing, and global position.
Increasing consumer support of sustainability and focus on circular economy are driving high demand for sustainable packaging. Major companies are undertaking initiatives for promoting the circular economy. For example, Evian is expected to utilize recycled plastics for 100% of the plastics being used by 2025, while PepsiCo is expected to recycle around 75% of packaging waste by 2030. Such initiatives for sustainable packaging materials are projected to provide ample opportunities for growth in the RPET market.
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The report also talks about the expansions these prominent players are vying for in the key regions of the market. The report focuses on the detailed analysis of the technological and product developments undertaken by these companies.
The key companies studied in the report are:
Placon, Clear Path Recycling, Indorama Ventures Public Company Limited, MG Chemicals, Verdeco Recycling, Loop Industries, Inc., PolyQuest, Inc., Phoenix Technologies Inc., Evergreen, and Biffa.
On the basis of regional analysis, the market is segmented into the following regions: North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The market is expected to be dominated by North American nations closely followed by European countries. Asia Pacific is expected to show a significant growth owing to recent advancements and rising investments in the RD sector.
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Emergen Research has segmented the global recycled PET market on the basis of type, product, source, application, and region:
Type Outlook (Revenue, USD Billion, Volume (Kilo Tons); 2019-2030)
- Flakes
- Chips
Product Outlook (Revenue, USD Billion, Volume (Kilo Tons); 2019-2030)
- Clear
- Colored
Source Outlook (Revenue, USD Billion, Volume (Kilo Tons); 2019-2030)
- Bottles containers
- Films sheets
- Others
Application Outlook (Revenue, USD Billion, Volume (Kilo Tons); 2019-2030)
- Bottles containers
- Fiber
- Strapping
- Sheet film
- Others
The report addresses the following key points:
- The report estimates the expected market size from 2020-2027
- The report provides a forecast of market drivers, restraints, and future opportunities for the Recycled Polyethylene Terephthalate market
- The report further analyses the changing market dynamics
- Regional analysis and segmentation of the market with analysis of the regions and segments expected to dominate the market growth
- Extensive competitive landscape mapping with profiles of the key competitors
- In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies
- Revenue forecast, country scope, application insights, and product insights
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