Recycled PET Market worth $11.7 billion by 2026

 

The report "Recycled PET Market” by Type (Flakes, Chips), Grade (Grade A, Grade B), Source (Bottles & Containers, Films & sheets), Application ( Bottles, fiber, Sheets, Strapping), and Region (APAC, North America, Europe, MEA, South America)- Global Forecast to 2026", size is expected to grow from USD 8.9 billion in 2021 to USD 11.7 billion by 2026, at a CAGR of 5.7% during the forecast period.  

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Indorama Venturers Public Limited (Thailand), Biffa (UK), Far Eastern New Century Corporation (Taiwan), Plastipak Holding Inc. (US), Alpek (Mexico), PolyQuest (US), OCTAL (Oman), Loop Industries (Canada), Evergreen (US), PLACON (US) among others, are the leading recycled PET manufacturers, globally. These companies adopted new product launch, expansion, agreements & contracts and merger & acquisition, as their key growth strategies between 2016 and 2021 to earn a competitive advantage in the recycled PET market.

Browse 504 market data Tables and 41 Figures spread through 287 Pages and in-depth TOC on "Recycled PET Market”
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Bottles is expected to be the largest and fastest-growing application in the Recycled PET market during the forecast period.

Bottle is the largest and fastest-growing application segment in the recycled PET market. Increasing demand for RPET bottles in food & beverage packaging is driving the market. Growth of this segment is attributed to the rising demand for bottle-to-bottle recycling across the world.  It accounted for a share of about 36.5% of the recycled PET market, in terms of value, in 2020.

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Recycled PET Market by Type (Flakes, Chips), Grade (Grade A, Grade B), Source (Bottles & Containers, Films & sheets), Application ( Bottles, fiber, Sheets, Strapping), and Region (APAC, North America, Europe, MEA, South America)- Global Forecast to 2026

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