Recycled Polyethylene Terephthalate (PET) Market Size in 2023, Impact of COVID-19, Growth, Share, Applications, SWOT analysis, Forecast 2028

Recycled Polyethylene Terephthalate (PET) Market Market Analysis and Insights: Global Recycled Polyethylene Terephthalate (PET) Market
Due to the COVID-19 pandemic, the global Recycled Polyethylene Terephthalate (PET) market size is estimated to be worth USD 8787.3 million in 2023 and is forecast to a readjusted size of USD 12250 million by 2028 with a CAGR of 5.7% during the review period. Fully considering the economic change by this health crisis, Clear accounting for % of the Recycled Polyethylene Terephthalate (PET) global market in 2021, is projected to value USD million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Fiber segment is altered to an % CAGR throughout this forecast period.
China Recycled Polyethylene Terephthalate (PET) market size is valued at USD million in 2021, while the US and Europe Recycled Polyethylene Terephthalate (PET) are USD million and USD million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Recycled Polyethylene Terephthalate (PET) landscape, Germany is projected to reach USD million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Recycled Polyethylene Terephthalate (PET) include Placon, Clear Path Recycling, Verdeco Recycling, Indorama Ventures Public, M.G. Chemicals, PolyQuest, Evergreen Plastics, Libolon and Zhejiang Anshun Pettechs Fiber Co. Ltd and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
In terms of production side, this report researches the Recycled Polyethylene Terephthalate (PET) capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2023, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Recycled Polyethylene Terephthalate (PET) by region (region level and country level), by company, by Type and by Application. from 2017 to 2023 and forecast to 2028.
Global Recycled Polyethylene Terephthalate (PET) Scope and Segment
Recycled Polyethylene Terephthalate (PET) market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Recycled Polyethylene Terephthalate (PET) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.

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The Major Players in the Industrial Recycled Polyethylene Terephthalate (PET) Market include:

  • Placon
  • Clear Path Recycling
  • Verdeco Recycling
  • Indorama Ventures Public
  • M.G. Chemicals
  • PolyQuest
  • Evergreen Plastics
  • Libolon
  • Zhejiang Anshun Pettechs Fiber Co. Ltd
  • Haiyan Haili Green Fiber Co., Ltd

By Product Types:

  • Clear
  • Colored

By Applications:

  • Fiber
  • Sheet and film
  • Strapping
  • Containers & Bottle
  • Others

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