Latest Market Research Reports

  Recycled Polyethylene Terephthalate Industry The global recycled polyethylene terephthalate market was valued at approximately USD 10.8 billion in 2023 and is forecasted to expand at a compound annual growth rate (CAGR) of 8.5% over the period from 2024 to 2030. This expected market growth can largely be credited to the increasing implementation of sustainability initiatives by companies operating in the food and beverage, as well as packaging sectors. Moreover, the rising commitment of end-user industries toward establishing a circular economy, along with the growing acceptance of recycled plastics across various sectors such as packaging, textiles, and other key end-use industries, is projected to support the demand for recycled polyethylene terephthalate (PET) throughout the forecast timeframe. Additionally, recycled polyethylene terephthalate (rPET) is utilized in the production of a variety of products, including both colored and clear (white or non-colored) forms. Among the...

Recycled Polyethylene Terephthalate Industry Overview The global  recycled polyethylene terephthalate market   size is expected to reach USD 18.46 billion by 2030, according to a new study by Grand View Research, Inc. It is expected to expand at a CAGR of 7.4% from 2022 to 2030. The growing beverage industry in Asia Pacific countries such as China, Japan, India, Vietnam, South Korea, and the Philippines and the increasing demand for recycled polyethylene terephthalate (rPET) in the non-food sector are expected to boost the market growth over the forecast period. Recycled Polyethylene Terephthalate Market Segmentation Grand View Research has segmented the global recycled polyethylene terephthalate (rPET) market based on product, end-use, and region: Based on the Product Insights, the market is segmented into Clear, Colored. The clear segment held the largest revenue share of over 75.0% in 2021. Low energy requirements and ease of bottle-to-bottle recycling are expect...