PET Bottle Recycling Market, Global Outlook and Forecast 2023-2029
Bottles made of polyethylene terephthalate (PET, sometimes PETE) can be used to make lower grade products, such as carpets. To make a food grade plastic, the bottles need to be hydrolysed down to monomers, which are purified and then re-polymerised to make new PET. In many countries, PET plastics are coded with the resin identification code number "1" inside the universal recycling symbol, usually located on the bottom of the container.
This report aims to provide a comprehensive presentation of the global market for PET Bottle Recycling, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding PET Bottle Recycling. This report contains market size and forecasts of PET Bottle Recycling in global, including the following market information:
Global PET Bottle Recycling Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global PET Bottle Recycling market was valued at US$ 3851 million in 2022 and is projected to reach US$ 5074.3 million by 2029, at a CAGR of 4.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Worldwide, approximately 7.5 million tons of PET were collected in 2011. This gave 5.9 million tons of flake. In 2009 3.4 million tons were used to produce fibre, 500,000 tons to produce bottles, 500,000 tons to produce APET sheet for thermoforming, 200,000 tons to produce strapping tape and 100,000 tons for miscellaneous applications.
We surveyed the PET Bottle Recycling companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global PET Bottle Recycling Market, by Recycling Process, 2018-2023, 2024-2029 ($ millions)
Global PET Bottle Recycling Market Segment Percentages, by Recycling Process, 2022 (%)
Chemical
Mechanical
Global PET Bottle Recycling Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global PET Bottle Recycling Market Segment Percentages, by Application, 2022 (%)
Food & Beverages
Personal Care
Pharmaceutical
Consumer Goods
Others
Global PET Bottle Recycling Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global PET Bottle Recycling Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies PET Bottle Recycling revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies PET Bottle Recycling revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Advanced Environmental Recycling Technologies
Avangard Innovative
Phoenix Technologies
UltrePET
Evergreen Plastics
Complete Recycling
ECO2 Plastics
Kuusakoski
PlasticsEurope
Clear Path Recycling
Clean Tech Incorporated
CarbonLite Industries
Envision Plastics Industries
Outline of Major Chapters:
Chapter 1: Introduces the definition of PET Bottle Recycling, market overview.
Chapter 2: Global PET Bottle Recycling market size in revenue.
Chapter 3: Detailed analysis of PET Bottle Recycling company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by recycling process, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of PET Bottle Recycling in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.