Global Recycled PET Chips Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Recycled PET Chips market size was valued at US$ 12890 million in 2024 and is forecast to a readjusted size of USD 19000 million by 2031 with a CAGR of 5.8% during review period.

Recycled PET chips are high-quality materials produced from post-consumer PET (polyethylene terephthalate) waste, such as plastic bottles and containers. The recycling process involves collecting, cleaning, and processing these used PET items to create new chip products that can be used in various applications, ranging from textiles to packaging. By transforming waste into reusable materials, recycled PET chips play a crucial role in promoting environmental sustainability and reducing the reliance on virgin PET, which is derived from fossil fuels. The use of recycled PET not only minimizes landfill waste but also decreases energy consumption and greenhouse gas emissions associated with plastic production. This makes recycled PET chips an essential component in the movement toward a circular economy.

Current Market Development

The global market for recycled PET chips is witnessing significant growth, driven by increasing awareness of sustainability and the need for eco-friendly materials. Leading companies in this space, such as Indorama Ventures, Far East New Century, Alpek (DAK Americas), Greentech, and Veolia, collectively account for approximately 13% of the market share. China emerges as the largest market for recycled PET chips, capturing over 40% of the global share due to its robust manufacturing sector and commitment to recycling initiatives. Europe follows closely, with a market share exceeding 20%. This trend indicates a strong demand for recycled materials across various industries, as companies seek to enhance their sustainability profiles and meet regulatory requirements for recycling and waste reduction.

Market Trends and Outlook

In terms of product segmentation, clear PET chips dominate the market, representing over 63% of total sales, while green PET chips hold a smaller share of around 10%. The textile industry is the largest application segment for recycled PET chips, accounting for nearly 83% of the market. This high demand is largely attributed to the growing consumer preference for sustainable fashion and eco-friendly products, as well as the increasing adoption of recycled materials in the production of clothing and textiles. As the global emphasis on environmental responsibility continues to intensify, the market for recycled PET chips is expected to expand further. Innovations in recycling technologies, coupled with heightened consumer awareness of environmental issues, are driving the adoption of recycled materials across multiple sectors. The push towards circular economy practices will likely reshape the future of the recycled PET chips market, fostering opportunities for growth and encouraging manufacturers to invest in sustainable practices, ultimately benefiting both the environment and the economy.

This report is a detailed and comprehensive analysis for global Recycled PET Chips market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Recycled PET Chips market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (US$/MT), 2020-2031

Global Recycled PET Chips market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (US$/MT), 2020-2031

Global Recycled PET Chips market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (US$/MT), 2020-2031

Global Recycled PET Chips market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (US$/MT), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Recycled PET Chips

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Recycled PET Chips market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Indorama Ventures, Far East New Century, Alpek (DAK Americas), Plastipak Holdings, Greentech, Visy, SUEZ, Veolia, Long Fu Huanneng, Jiulong Regeneration Technology, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Recycled PET Chips market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Clear Chip
Brown Chip
Green Chip
Blue Chip
Others

Market segment by Application
Textile
Bottles
Sheet
Strapping
Others

Major players covered
Indorama Ventures
Far East New Century
Alpek (DAK Americas)
Plastipak Holdings
Greentech
Visy
SUEZ
Veolia
Long Fu Huanneng
Jiulong Regeneration Technology
Haili Environmental Technology
Xingke Chemical Fiber
Zhejiang Jiaren New Materials
Guangdong Qiusheng Resources
Baichuan Resource Regeneration Technology
Guangxi Guolong Renewable Resources

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Recycled PET Chips product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Recycled PET Chips, with price, sales quantity, revenue, and global market share of Recycled PET Chips from 2020 to 2025.

Chapter 3, the Recycled PET Chips competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Recycled PET Chips breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Recycled PET Chips market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Recycled PET Chips.

Chapter 14 and 15, to describe Recycled PET Chips sales channel, distributors, customers, research findings and conclusion.


1 Market Overview
2 Manufacturers Profiles
3 Competitive Environment: Recycled PET Chips by Manufacturer
4 Consumption Analysis by Region
5 Market Segment by Type
6 Market Segment by Application
7 North America
8 Europe
9 Asia-Pacific
10 South America
11 Middle East & Africa
12 Market Dynamics
13 Raw Material and Industry Chain
14 Shipments by Distribution Channel
15 Research Findings and Conclusion
16 Appendix

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