Recycled Polyethylene Terephthalate

Recycled Polyethylene Terephthalate Market Outlook over 2020-2027 Recycled Polyethylene Terephthalate Market Size, Growth, Trends Analysis, Market Scope, Segment Forecasts, Regional Outlook 2020 - 2027

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The recycled polyethylene terephthalate market size is expected to hit around US$ 13.45 billion by 2027 growing at a CAGR of 7.31% from 2020 to 2027. The report contains 150+ pages with detailed analysis.

The base year for the study has been considered 2020, the historic year 2018, and 2019, the forecast period considered is from 2020 to 2027. The recycled polyethylene terephthalate market is analyzed on the basis of value (US$ Million), volume (Unit), and price (US$/Unit).

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Scope of the Stud

This market report studies market dynamics, status and outlook especially in North America, Europe and Asia-Pacific, Latin America, the Middle East and Africa. This research report offers scenario and forecast (revenue/volume), and categorizes the market by key players and various segment. This report also studies global market prominence, competitive landscape, market share, growth rates market dynamics such as drivers, restraints and opportunities, and distributors and sales channels.

This research study also integrates Industry Chain analysis and Porter’s Five Forces Analysis. Further, this report offers a competitive scenario that comprises collaborations, market concentration rate and expansions, mergers & acquisitions undertaken by companies.

Growth Factors

Increasing use of recycled polyethylene terephthalate in fiber coupled with government initiatives promoting the use of RPET are the major factors predicted to support the growth of global recycled polyethylene terephthalate in coming years. Moreover, ban on plastics by various countries is also predicted to positively impact on global recycled polyethylene terephthalate market. In addition, consumer awareness and growing demand for sustainable product is estimated to propel the demand for this market in years to come. However, emission of carcinogenic compounds may adversely impact the growth of global recycled polyethylene terephthalate. Nonetheless, ongoing product research and development by various market players is estimated to open up plenty of opportunities in the global marketplace.

COVID-19 Impact

The coronavirus pandemic would have a major effect on the food & beverage industry’s efforts to use more recycled plastics, particularly for water and various beverage bottles. Decline in transportation/travel has depressed the price of oil to the point where virgin plastic, made from petroleum, is now more inexpensive than recycled. In the U.S., the price of premium food grade recycled polyethylene terephthalate over virgin rose from 7% last year to 22%; in Europe, it rose from 35% to 95%.

Big corporations such as Coca-Cola and Danone have had to postpone or miss previously announced deadlines for recycled material in their products. Water bottlers have been particularly hard hit by the situation, as the use of recycled material is essential for them to counter allegations that their packaging is wasteful.

Regional Snapshots

In 2019, Asia Pacific held the majority of revenue share in 2019. China, Japan and Indonesia are the major regional players in Asia Pacific recycled polyethylene terephthalate market. The Government of Thailand’s goal is to remove all plastics from the country by 2030. Plastic recyclers and suppliers expect a reform to the regulation to require r-PET to be used in food and beverage packaging is also predicted to open up plenty of opportunities for market players in Asia Pacific region. France, UK, Belgium, Netherlands and Italy are some of the major countries propelling the growth of recycled polyethylene terephthalate in Europe region.

Report Highlights

  • The U.S. is expected to grow a considerable CAGR over the eight years, owing to demand primarily from food & beverage containers and bottles end uses sectors
  • Favorable government policies are expected to be key factors to prompt the growth of global recycled polyethylene terephthalate market in near future
  • The clear segment accounted for the highest revenue as well as volume market share in 2019 and is estimated to register robust CAGR in next eight years owing to demand for production of fibers and resins.
  • The fiber end use segment held the majority of revenue share in 2019 and accounted over 56% of the global recycled polyethylene terephthalate market. Increasing demand from consumer goods, automobiles, FMCG, clothing and accessories, and textile sectors is expected to support the growth of fiber end use segment in near future.
  • Brazil, Mexico, Australia and, South Africa are the other major countries for market players in years to come. Recently, Indorama has acquired a PET recycling facility at AG Resin as, a PET recycling facility with a capacity of some 9,000 tons per year, which processes PET post-consumer into recycled polyethylene terephthalate (rPET) flakes and pellets.

Key Players/Manufacturers

This report also provides detailed company profiles of the key market players. This research report also highlights the competitive landscape of the recycled polyethylene terephthalate market and ranks noticeable companies as per their occurrence in diverse regions across the globe and crucial developments initiated by them in the market space. This research study also tracks and evaluates competitive developments, such as collaborations, partnerships, and agreements, mergers and acquisitions; novel product introductions and developments, promotion strategies and Research and Development (R&D) activities in the marketplace. The competitive profiling of these players includes business and financial overview, gross margin, production, sales, and recent developments which can aid in assessing competition in the market.

Some of the prominent players in the global recycled polyethylene terephthalate market include:

  • Placon
  • Ergis Recycling
  • Phoenix Technologies
  • Libolon
  • M&G Chemicals
  • BariQ
  • Zhejiang AnshunPettechsFibre Co. Ltd.
  • PolyQuest
  • Clear Path Recycling LLC
  • Verdeco Recycling, Inc.
  • Sorema
  • Evergreen Plastics, Inc.

Market Segments Covered in the Report

 By Product Type

  • Clear
  • Colored

By End Use Type

  • Food & Beverage Containers and Bottles
  • Fiber
  • Sheet and Film
  • Strapping
  • Non-Food Containers and Bottles
  • Others

By Geography

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
  • Rest of the World

Research Objective

  • To provide a comprehensive analysis of the recycled polyethylene terephthalate industry and its sub-segments in the global market, thereby providing a detailed structure of the industry
  • To provide detailed insights into factors driving and restraining the growth of this global market
  • To provide a distribution chain analysis/value chain for the this market
  • To estimate the market size of the global recycled polyethylene terephthalate market where 2019 would be the historical period, 2020 shall be the base year, and 2020 to 2027 will be the forecast period for the study
  • To provide strategic profiling of key companies (manufacturers and distributors) present across the globe, and comprehensively analyze their competitiveness/competitive landscape in this market
  • To analyze the global market in four main geographies, namely, North America, Europe, Asia-Pacific, and the Rest of the World
  • To provide country-wise market value analysis for various segments of the recycled polyethylene terephthalate

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis

Chapter 5. Market Dynamics Analysis and Trends

5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers

Chapter 7. Global Recycled Polyethylene Terephthalate Market, By Product

7.1. Recycled Polyethylene Terephthalate Market, by Product Type, 2020-2027
7.1.1. Clear
7.1.1.1. Market Revenue and Forecast (2016-2027)
7.1.2. Colored
7.1.2.1. Market Revenue and Forecast (2016-2027)

Chapter 8. Global Recycled Polyethylene Terephthalate Market, By Application

8.1. Recycled Polyethylene Terephthalate Market, by Application, 2020-2027
8.1.1. Food & Beverage Containers and Bottles
8.1.1.1. Market Revenue and Forecast (2016-2027)
8.1.2. Fiber
8.1.2.1. Market Revenue and Forecast (2016-2027)
8.1.3. Sheet and Film
8.1.3.1. Market Revenue and Forecast (2016-2027)
8.1.4. Strapping
8.1.4.1. Market Revenue and Forecast (2016-2027)
8.1.5. Non-Food Containers and Bottles
8.1.5.1. Market Revenue and Forecast (2016-2027)
8.1.6. Others
8.1.6.1. Market Revenue and Forecast (2016-2027)

Chapter 9. Global Recycled Polyethylene Terephthalate Market, Regional Estimates and Trend Forecast

9.1. North America
9.1.1. Market Revenue and Forecast, by Product (2016-2027)
9.1.2. Market Revenue and Forecast, by Application (2016-2027)
9.1.3. U.S.
9.1.3.1. Market Revenue and Forecast, by Product (2016-2027)
9.1.3.2. Market Revenue and Forecast, by Application (2016-2027)
9.1.4. Rest of North America
9.1.4.1. Market Revenue and Forecast, by Product (2016-2027)
9.1.4.2. Market Revenue and Forecast, by Application (2016-2027)
9.2. Europe
9.2.1. Market Revenue and Forecast, by Product (2016-2027)
9.2.2. Market Revenue and Forecast, by Application (2016-2027)
9.2.3. UK
9.2.3.1. Market Revenue and Forecast, by Product (2016-2027)
9.2.3.2. Market Revenue and Forecast, by Application (2016-2027)
9.2.4. Germany
9.2.4.1. Market Revenue and Forecast, by Product (2016-2027)
9.2.4.2. Market Revenue and Forecast, by Application (2016-2027)
9.2.5. France
9.2.5.1. Market Revenue and Forecast, by Product (2016-2027)
9.2.5.2. Market Revenue and Forecast, by Application (2016-2027)
9.2.6. Rest of Europe
9.2.6.1. Market Revenue and Forecast, by Product (2016-2027)
9.2.6.2. Market Revenue and Forecast, by Application (2016-2027)
9.3. APAC
9.3.1. Market Revenue and Forecast, by Product (2016-2027)
9.3.2. Market Revenue and Forecast, by Application (2016-2027)
9.3.3. India
9.3.3.1. Market Revenue and Forecast, by Product (2016-2027)
9.3.3.2. Market Revenue and Forecast, by Application (2016-2027)
9.3.4. China
9.3.4.1. Market Revenue and Forecast, by Product (2016-2027)
9.3.4.2. Market Revenue and Forecast, by Application (2016-2027)
9.3.5. Japan
9.3.5.1. Market Revenue and Forecast, by Product (2016-2027)
9.3.5.2. Market Revenue and Forecast, by Application (2016-2027)
9.3.6. Rest of APAC
9.3.6.1. Market Revenue and Forecast, by Product (2016-2027)
9.3.6.2. Market Revenue and Forecast, by Application (2016-2027)
9.4. MEA
9.4.1. Market Revenue and Forecast, by Product (2016-2027)
9.4.2. Market Revenue and Forecast, by Application (2016-2027)
9.4.3. GCC
9.4.3.1. Market Revenue and Forecast, by Product (2016-2027)
9.4.3.2. Market Revenue and Forecast, by Application (2016-2027)
9.4.4. North Africa
9.4.4.1. Market Revenue and Forecast, by Product (2016-2027)
9.4.4.2. Market Revenue and Forecast, by Application (2016-2027)
9.4.5. South Africa
9.4.5.1. Market Revenue and Forecast, by Product (2016-2027)
9.4.5.2. Market Revenue and Forecast, by Application (2016-2027)
9.4.6. Rest of MEA
9.4.6.1. Market Revenue and Forecast, by Product (2016-2027)
9.4.6.2. Market Revenue and Forecast, by Application (2016-2027)
9.5. Latin America
9.5.1. Market Revenue and Forecast, by Product (2016-2027)
9.5.2. Market Revenue and Forecast, by Application (2016-2027)
9.5.3. Brazil
9.5.3.1. Market Revenue and Forecast, by Product (2016-2027)
9.5.3.2. Market Revenue and Forecast, by Application (2016-2027)
9.5.4. Rest of LATAM
9.5.4.1. Market Revenue and Forecast, by Product (2016-2027)
9.5.4.2. Market Revenue and Forecast, by Application (2016-2027)

Chapter 10. Company Profiles

10.1. Placon
10.1.1. Company Overview
10.1.2. Product Offerings
10.1.3. Financial Performance
10.1.4. Recent Initiatives
10.2. Ergis Recycling
10.2.1. Company Overview
10.2.2. Product Offerings
10.2.3. Financial Performance
10.2.4. Recent Initiatives
10.3. Phoenix Technologies
10.3.1. Company Overview
10.3.2. Product Offerings
10.3.3. Financial Performance
10.3.4. Recent Initiatives
10.4. Libolon
10.4.1. Company Overview
10.4.2. Product Offerings
10.4.3. Financial Performance
10.4.4. Recent Initiatives
10.5. M&G Chemicals
10.5.1. Company Overview
10.5.2. Product Offerings
10.5.3. Financial Performance
10.5.4. Recent Initiatives
10.6. BariQ
10.6.1. Company Overview
10.6.2. Product Offerings
10.6.3. Financial Performance
10.6.4. Recent Initiatives
10.7. Zhejiang AnshunPettechsFibre Co. Ltd.
10.7.1. Company Overview
10.7.2. Product Offerings
10.7.3. Financial Performance
10.7.4. Recent Initiatives
10.8. PolyQuest
10.8.1. Company Overview
10.8.2. Product Offerings
10.8.3. Financial Performance
10.8.4. Recent Initiatives
10.9. Clear Path Recycling LLC
10.9.1. Company Overview
10.9.2. Product Offerings
10.9.3. Financial Performance
10.9.4. Recent Initiatives
10.10. Verdeco Recycling, Inc.
10.10.1. Company Overview
10.10.2. Product Offerings
10.10.3. Financial Performance
10.10.4. Recent Initiatives

Chapter 11. Research Methodology

11.1. Primary Research
11.2. Secondary Research
11.3. Assumptions

Chapter 12. Appendix

12.1. About Us
12.2. Glossary of Terms

Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.

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