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Global Recycled PET Market Size study, by Type (Flakes, Chips), by Grade (Grade A, Grade B), by Source (Bottles & Containers, Films & Sheets), by Application (Bottle, Fiber, Sheets, Strapping), by Color (Clear, Colored) and Regional Forecasts 2022-2032

Publisher Bizwit Research & Consulting
Published Feb 01, 2025
Length 285 Pages
SKU # BIZW19567401

Description

The Global Recycled PET Market is valued at approximately USD 11.0 billion in 2023 and is anticipated to grow with a steady CAGR of 6.5% over the forecast period 2024-2032. Recycled PET, derived from post-consumer and post-industrial waste, has emerged as a pivotal component in the global push toward sustainability. This versatile material finds applications in various industries, including packaging, textiles, and strapping, driven by increasing awareness of environmental concerns and a rising demand for eco-friendly materials. The ability to repurpose PET waste into high-value products reduces environmental pollution and supports circular economy goals, making recycled PET a cornerstone of sustainable manufacturing.

The market's robust growth trajectory is supported by escalating global efforts to reduce plastic waste and promote the use of recycled materials. Governments and industry stakeholders are championing initiatives and policies to boost PET recycling rates. For instance, the rise in bottle-to-bottle recycling processes has enhanced the material's acceptance in food-grade applications. Moreover, the adoption of advanced recycling technologies, such as chemical recycling, enables the production of high-purity recycled PET, which further expands its application scope in industries like food and beverage packaging, automotive, and textiles. However, challenges related to collection infrastructure and contamination issues in the recycling stream could impede market growth over the forecast period.

Regionally, North America held a significant share of the recycled PET market in 2023, attributed to stringent environmental regulations and a strong emphasis on sustainability. Europe followed closely, supported by the European Union's directives on recycling and waste management. The Asia Pacific region, on the other hand, is poised to witness the fastest growth, driven by rapid industrialization, a burgeoning middle-class population, and increasing investments in recycling infrastructure. Countries like China and India are leading this growth, with policies encouraging recycling and circular economy practices. Latin America and the Middle East & Africa are also expected to contribute to market expansion, bolstered by growing awareness and investments in sustainable practices.

Major market players included in this report are:
• Indorama Ventures Public Company Limited
• Alpek S.A.B. de C.V.
• Plastipak Holdings, Inc.
• Far Eastern New Century Corporation
• Biffa plc
• Lotte Chemical Corporation
• Clear Path Recycling, LLC
• PolyQuest
• Phoenix Technologies International LLC
• Evergreen Plastics, Inc.
• UltrePET, LLC
• Reliance Industries Limited
• CarbonLite Industries LLC
• Verdeco Recycling, Inc.
• Veolia Environnement S.A.

The detailed segments and sub-segment of the market are explained below:

By Type
• Flakes
• Chips

By Grade
• Grade A
• Grade B

By Source
• Bottles & Containers
• Films & Sheets

By Application
• Bottle
• Fiber
• Sheets
• Strapping

By Color
• Clear
• Colored

By Region:

North America
• U.S.
• Canada

Europe
• UK
• Germany
• France
• Spain
• Italy
• Rest of Europe

Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• Rest of Asia Pacific

Latin America
• Brazil
• Mexico
• Rest of Latin America

Middle East & Africa
• Saudi Arabia
• South Africa
• Rest of Middle East & Africa

Years considered for the study are as follows:
• Historical Year – 2022
• Base Year – 2023
• Forecast Period – 2024 to 2032

Key Takeaways:
• Market Estimates & Forecast for 10 years from 2022 to 2032.
• Annualized revenues and regional-level analysis for each market segment.
• Detailed analysis of geographical landscape with country-level insights for major regions.
• Competitive landscape featuring information on major market players.
• Analysis of key business strategies and actionable recommendations for future market approaches.
• Examination of the competitive structure of the market.
• Demand-side and supply-side analysis of the market.



Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.

Table of Contents

285 Pages
Chapter 1. Global Recycled PET Market Executive Summary
1.1. Global Recycled PET Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
1.3.1. By Type
1.3.2. By Application
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion
Chapter 2. Global Recycled PET Market Definition and Research Assumptions
2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
2.3.1. Inclusion & Exclusion
2.3.2. Limitations
2.3.3. Supply Side Analysis
2.3.3.1. Availability
2.3.3.2. Infrastructure
2.3.3.3. Regulatory Environment
2.3.3.4. Market Competition
2.3.3.5. Economic Viability (Consumer’s Perspective)
2.3.4. Demand Side Analysis
2.3.4.1. Regulatory Frameworks
2.3.4.2. Technological Advancements
2.3.4.3. Environmental Considerations
2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates
Chapter 3. Global Recycled PET Market Dynamics
3.1. Market Drivers
3.1.1. Rising Demand for Sustainable Materials
3.1.2. Escalating Regulatory Pressure on Plastic Waste Reduction
3.1.3. Technological Innovations in Recycling Processes
3.2. Market Challenges
3.2.1. Inadequate Collection and Sorting Infrastructure
3.2.2. Contamination and Quality Inconsistencies in Recycled PET
3.3. Market Opportunities
3.3.1. Growth in Circular Economy Initiatives
3.3.2. Expanding Applications in Packaging and Automotive Sectors
3.3.3. Increasing Investments in Recycling Technologies
Chapter 4. Global Recycled PET Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model
4.1.7. Porter’s 5 Force Impact Analysis
4.2. PESTEL Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.2.5. Environmental
4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion
Chapter 5. Global Recycled PET Market Size & Forecasts by Type 2022-2032
5.1. Segment Dashboard
5.2. Global Recycled PET Market: Type Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
5.2.1. Flakes
5.2.2. Chips
Chapter 6. Global Recycled PET Market Size & Forecasts by Grade 2022-2032
6.1. Segment Dashboard
6.2. Global Recycled PET Market: Grade Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
6.2.1. Grade A
6.2.2. Grade B
Chapter 7. Global Recycled PET Market Size & Forecasts by Source 2022-2032
7.1. Segment Dashboard
7.2. Global Recycled PET Market: Source Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
7.2.1. Bottles & Containers
7.2.2. Films & Sheets
Chapter 8. Global Recycled PET Market Size & Forecasts by Application 2022-2032
8.1. Segment Dashboard
8.2. Global Recycled PET Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
8.2.1. Bottle
8.2.2. Fiber
8.2.3. Sheets
8.2.4. Strapping
Chapter 9. Global Recycled PET Market Size & Forecasts by Color 2022-2032
9.1. Segment Dashboard
9.2. Global Recycled PET Market: Color Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
9.2.1. Clear
9.2.2. Colored
Chapter 10. Global Recycled PET Market Size & Forecasts by Region 2022-2032
10.1. North America Market
10.1.1. U.S. Market
10.1.1.1. By Type Breakdown & Forecasts, 2022-2032
10.1.1.2. By Application Breakdown & Forecasts, 2022-2032
10.1.2. Canada Market
10.2. Europe Market
10.2.1. U.K. Market
10.2.2. Germany Market
10.2.3. France Market
10.2.4. Spain Market
10.2.5. Italy Market
10.2.6. Rest of Europe Market
10.3. Asia Pacific Market
10.3.1. China Market
10.3.2. India Market
10.3.3. Japan Market
10.3.4. Australia Market
10.3.5. South Korea Market
10.3.6. Rest of Asia Pacific Market
10.4. Latin America Market
10.4.1. Brazil Market
10.4.2. Mexico Market
10.4.3. Rest of Latin America Market
10.5. Middle East & Africa Market
10.5.1. Saudi Arabia Market
10.5.2. South Africa Market
10.5.3. Rest of Middle East & Africa Market
Chapter 11. Competitive Intelligence
11.1. Key Company SWOT Analysis
11.1.1. Indorama Ventures Public Company Limited
11.1.2. Plastipak Holdings, Inc.
11.1.3. Alpek S.A.B. de C.V.
11.2. Top Market Strategies
11.3. Company Profiles
11.3.1. Indorama Ventures Public Company Limited
11.3.1.1. Key Information
11.3.1.2. Overview
11.3.1.3. Financial (Subject to Data Availability)
11.3.1.4. Product Summary
11.3.1.5. Market Strategies
11.3.2. Plastipak Holdings, Inc.
11.3.3. Alpek S.A.B. de C.V.
11.3.4. Far Eastern New Century Corporation
11.3.5. Lotte Chemical Corporation
11.3.6. Clear Path Recycling, LLC
11.3.7. Biffa plc
11.3.8. PolyQuest
11.3.9. Phoenix Technologies International LLC
11.3.10. Evergreen Plastics, Inc.
Chapter 12. Research Process
12.1. Research Process
12.1.1. Data Mining
12.1.2. Analysis
12.1.3. Market Estimation
12.1.4. Validation
12.1.5. Publishing
12.2. Research Attributes
List of Tables
TABLE 1. Global Recycled PET Market, Report Scope
TABLE 2. Global Recycled PET Market Estimates & Forecasts by Region 2022-2032 (USD Million/Billion)
TABLE 3. Global Recycled PET Market Estimates & Forecasts by Type 2022-2032 (USD Million/Billion)
TABLE 4. Global Recycled PET Market Estimates & Forecasts by Grade 2022-2032 (USD Million/Billion)
TABLE 5. Global Recycled PET Market Estimates & Forecasts by Source 2022-2032 (USD Million/Billion)
TABLE 6. Global Recycled PET Market Estimates & Forecasts by Application 2022-2032 (USD Million/Billion)
TABLE 7. Global Recycled PET Market Estimates & Forecasts by Color 2022-2032 (USD Million/Billion)
TABLE 8. Regional Market Analysis – North America 2022-2032 (USD Million/Billion)
TABLE 9. Regional Market Analysis – Europe 2022-2032 (USD Million/Billion)
TABLE 10. Regional Market Analysis – Asia Pacific 2022-2032 (USD Million/Billion)
TABLE 11. Regional Market Analysis – Latin America 2022-2032 (USD Million/Billion)
TABLE 12. Regional Market Analysis – Middle East & Africa 2022-2032 (USD Million/Billion)
TABLE 13. Detailed Segment Dashboard – Type
TABLE 14. Detailed Segment Dashboard – Application
TABLE 15. Country-Level Analysis – U.S. Market, 2022-2032 (USD Million/Billion)
TABLE 16. Country-Level Analysis – Canada Market, 2022-2032 (USD Million/Billion)
TABLE 17. Country-Level Analysis – U.K. Market, 2022-2032 (USD Million/Billion)
TABLE 18. Country-Level Analysis – Germany Market, 2022-2032 (USD Million/Billion)
TABLE 19. Country-Level Analysis – France Market, 2022-2032 (USD Million/Billion)
TABLE 20. Country-Level Analysis – Spain Market, 2022-2032 (USD Million/Billion)
TABLE 21. Country-Level Analysis – Italy Market, 2022-2032 (USD Million/Billion)
List of Figures
FIGURE 1. Global Recycled PET Market, Research Methodology
FIGURE 2. Global Recycled PET Market, Market Estimation Techniques
FIGURE 3. Global Market Size Estimates & Forecast Methods
FIGURE 4. Global Recycled PET Market, Key Trends 2023
FIGURE 5. Global Recycled PET Market, Growth Prospects 2022-2032
FIGURE 6. Global Recycled PET Market, Porter’s 5 Force Model
FIGURE 7. Global Recycled PET Market, PESTEL Analysis
FIGURE 8. Global Recycled PET Market, Value Chain Analysis
FIGURE 9. Global Recycled PET Market by Segment, 2022 & 2032 (USD Million/Billion)
FIGURE 10. Global Recycled PET Market by Segment (Type), 2022 & 2032 (USD Million/Billion)
FIGURE 11. Global Recycled PET Market by Segment (Grade), 2022 & 2032 (USD Million/Billion)
FIGURE 12. Global Recycled PET Market by Segment (Source), 2022 & 2032 (USD Million/Billion)
FIGURE 13. Global Recycled PET Market by Segment (Application), 2022 & 2032 (USD Million/Billion)
FIGURE 14. Global Recycled PET Market by Segment (Color), 2022 & 2032 (USD Million/Billion)
FIGURE 15. Global Recycled PET Market, Regional Snapshot 2022 & 2032
FIGURE 16. North America Recycled PET Market, 2022 & 2032 (USD Million/Billion)
FIGURE 17. Europe Recycled PET Market, 2022 & 2032 (USD Million/Billion)
FIGURE 18. Asia Pacific Recycled PET Market, 2022 & 2032 (USD Million/Billion)
FIGURE 19. Latin America Recycled PET Market, 2022 & 2032 (USD Million/Billion)
FIGURE 20. Middle East & Africa Recycled PET Market, 2022 & 2032 (USD Million/Billion)
FIGURE 21. Global Recycled PET Market, Company Market Share Analysis (2023)
This list is not complete; the final report contains more than 100 tables and 50 figures. The list may be updated in the final deliverable.

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