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Global Recyclate PET Market - Segmented by Product Type, Application, and Geography - Growth, Trends, and Forecast (2018 - 2023)

Global Recyclate PET Market - Segmented by Product Type, Application, and Geography - Growth, Trends, and Forecast (2018 - 2023)

The market for recyclate PET is expected to register a significant growth during the forecast period, 2018 to 2023. This significant growth is majorly driven by the growing emphasis on sustainability amongst the consumer and packaging products.

Growing Emphasis on Sustainability amongst the Consumer and Packaging Products
In recent years, the consumer goods industry has made significant progress on improving the recyclability of packaging. As one of the largest purchasers of recyclate PET in the consumer goods space, PepsiCo’s brands, like Naked Juice use 100% post-consumer recycled (PCR) square bottles. By not using virgin PET feedstock, Naked Juice bottles save 25% of the energy typically used in conventional manufacturing processes. Likewise, many consumer packaged goods companies are applying recyclate PET to their broader product lines in order to get safeguarded by strong environmental policies and legislations globally. These trends are successful in creating the huge demand for global recyclate PET market.

Industrial Yarn Application Segment to Dominate the Market Share

Among the applications, industrial yarn holds the highest market share of the global recyclate PET market. Though virgin PET production is majorly consumed by packaging of food & beverage industry, production of recyclate PET is majorly used by textile industry with almost 50% of the market share. This trend in the market is heavily influenced by the fact that recyclate PET observes huge profit margins in textile industry when compared to the food & beverage industry. The immensely growing textile industry is further helpful to fuel the market growth for global recyclate PET market in the nearby future.

Asia-Pacific to Dominate the Market Share

Asia-Pacific is the largest regional market for global recyclate PET market with almost more than 50% of the market share. The increasing demand from food & beverages packaging, and textile industries of the countries, like China, India, Thailand, and Korea is providing great opportunity for the recyclate PET market to continue the fastest pace of growth. The Chinese government's plans to ban waste imports, including recyclate PET waste products by the end of 2017 could have significant impact on increasing the market share and fuelling the market growth rate of ASEAN countries. The large market size coupled with the huge growth of the region (especially growth in ASEAN countries) is quite instrumental in expansion of the global recyclate PET market.

Key Developments in the Market

February 2018: Applied DNA Sciences Inc. (Applied DNA) collaborated with GHCL Limited and Reliance Industries Ltd (RIL) to launch CertainT verified recycled PET (rPET) bedding products
August 2017: Krones and Erema joined forces to incorporate the technical expertise of both companies into the planning and design of PET recycling lines and complete factories

Major Players: Phoenix Technologies, Krones AG, Placon (EcoStar), PolyQuest, Equipolymers, and Foss Manufacturing, LLC, amongst others.

Reasons to Purchase this Report

Identify the current and future prospects of global recyclate PET market in the developed and emerging markets
Analyze various perspectives of the market with the help of Porter’s five forces analysis
Information of the segment that is expected to dominate the market
Identify the region that is expected to witness fastest growth during the forecast period
Identify the latest developments, market shares, and strategies employed by the major market players
3-month analyst support, along with the Market Estimate sheet in excel

Please note: This publisher does offer titles that are created upon receipt of order. If you are purchasing a PDF Email Delivery option above, the report will take approximately 2 business days to prepare and deliver.


1. Introduction
1.1 Research Phases
1.2 Study Deliverables
1.3 Scope of the Report
2. Executive Summary
3. Market Insights
3.1 Industry Value-Chain Analysis
3.2 Industry Attractiveness – Porter’s Five Forces Analysis
3.2.1 Bargaining Power of Suppliers
3.2.2 Bargaining Power of Consumers
3.2.3 Threat of New Entrants
3.2.4 Threat of Substitute Products and Services
3.2.5 Degree of Competition
4. Market Dynamics
4.1 Drivers
4.1.1 Growing Emphasis on Sustainability amongst the Consumer and Packaging Products
4.1.2 Increasing demand from Textile Industry
4.2 Restraints
4.2.1 Lower Profit Margins in the Industry
4.2.2 Difficulty in Collecting and Sorting of Mixed Plastic along with Hard to Remove Residues
4.3 Opportunities
4.3.1 Innovations in Recycling technologies for Automatic Processing and Sorting of Plastics
4.3.2 Discovery of New Material Sources
5. Market Segmentation and Analysis (Market Size, Growth, and Forecast)
5.1 By Product Type
5.1.1 PET Staple Fiber
5.1.2 PET Straps
5.1.3 PET Sheets or Films
5.2 By Application
5.2.1 Packaging
5.2.2 Industrial Yarn
5.2.3 Mono Filaments
5.2.4 Strapping
5.2.5 Building Materials
5.2.6 Others
6. Regional Analysis (Market Size, Growth, and Forecast)
6.1 Asia-Pacific
6.1.1 China
6.1.2 India
6.1.3 Japan
6.1.4 South Korea
6.1.5 Rest of Asia-Pacific
6.2 North America
6.2.1 United States
6.2.2 Canada
6.2.3 Mexico
6.2.4 Rest of North America
6.3 Europe
6.3.1 Germany
6.3.2 United Kingdom
6.3.3 Italy
6.3.4 France
6.3.5 Rest of Europe
6.4 South America
6.4.1 Brazil
6.4.2 Argentina
6.4.3 Rest of South America
6.5 Middle East & Africa
6.5.1 South Africa
6.5.2 Saudi Arabia
6.5.3 Rest of Middle East & Africa
7. Competitive Landscape
7.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
7.2 Market Share Analysis**
7.3 Strategies Adopted by Leading Players
8. Company Profiles (Overview, Financials**, Products & Services, and Recent Developments)
8.1 Centriforce Products Ltd
8.2 Dennison Ltd
8.3 DS Smith
8.4 DutchPetRecycling
8.5 Equipolymers
8.6 Foss Manufacturing, LLC
8.7 G.E.T Recycling Co,.Ltd.
8.8 JFC Plastics Ltd
8.9 Krones AG
8.10 Libolon
8.11 Lotte Chemicals
8.12 M&G Chemicals
8.13 Petco.co.za
8.14 Phoenix Technologies
8.15 Placon (Ecostar)
8.16 PolyQuest
8.17 Reliance Industries Limited
8.18 Repro-PET
8.19 UltrePET, LLC
8.20 Verdeco Recycling Inc
8.21 Webagentur.ch
*list not exhaustive
9. Disclaimer
** Subject to availability on public domain

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