The 2023-2028 World Outlook for Recycled Polyethylene Terephthalate

The 2023-2028 World Outlook for Recycled Polyethylene Terephthalate

This study covers the world outlook for recycled polyethylene terephthalate across more than 190 countries. For each year reported, estimates are given for the latent demand, or potential industry earnings (P.I.E.), for the country in question (in millions of U.S. dollars), the percent share the country is of the region, and of the globe. These comparative benchmarks allow the reader to quickly gauge a country vis-à-vis others. Using econometric models which project fundamental economic dynamics within each country and across countries, latent demand estimates are created. This report does not discuss the specific players in the market serving the latent demand, nor specific details at the product level. The study also does not consider short-term cyclicalities that might affect realized sales. The study, therefore, is strategic in nature, taking an aggregate and long-run view, irrespective of the players or products involved.

In this report we define the sales of recycled polyethylene terephthalate as including all commonly understood products and/or services falling within this broad category, irrespective of product packaging, formulation, size, or form. Companies participating in this industry include ACI Plastics, American Plastic Lumber, Inc., ANFU, Astron, Axion International, B&F Plastics, Billion Enterprise Company, Ltd., Blue Mountain Plastics, Butler MacDonald, Carbonlite, Clean TECH, Clear Path Recycling, Clodam do Brasil, COBEPLAST, Commercial Plastics Recycling, Inc., Conigliaro Industries, Delta Plastics, DENTIS, East Coast Electronics Recycling, EFS Plastics, Inc., Enviroplast, EPD Plastic Industries Sdn Bhd, EVERGREEN Plastics, Inc., FFINDOCK, GALLOO, Geo-Tech Polymers, Hangzhou Taifor Chemical Textile Fiber Company, Ltd., Heng Hiap Industries Sdn. Bhd, IAV Global, Indorama Ventures Public Company, JK Plastics Pty, Kunststoffrecycling Ges. M.B.H, KW Plastics, LIBOLON, Los Angeles Fiber Company, LyondellBasell, M&G Chemicals, MBA Polymers, Mobius Technologies GmbH, Mondo Polymer Technologies, Montello SPA, MTM Plastics GmbH, Nexcycle Canada, Ltd., Ningbo Dafa Chemical Fiber Company, Ltd., PET Recycling Company, Phoenix Technologies, Placon, PLASgran, Plasteak, Inc., PLASTICRUZ, Plastics Recycling, Inc., Plasticycle Corporation, Polindo Utama, POLYQUEST, Poly-Wood, LLC, PT. Production Recycling Indonesia, RAPC, Inc., Recycled Plastics U.K., Renew Plastics, Reprocessed Plastics, Inc., RPM Plastic Pallets, Shakti Plastics Industries, Shandong Yongping Renewable Tiomin Resources, Inc., Shanghai Tianqiang Environmental Protection Technology Company, Ltd., Sorepla Industrie, Teijin, Thai Plastic Recycle Group Company, Ltd., TOMRA Systems, Trex Company, Verdeco Recycling, Welor Waste Control, Inc., Yemm & Hart, Ltd., and Zhejiang Anshun Pettechs Fibre Company, Ltd.. In addition to the sources indicated, additional information available to the public via news and/or press releases published by players in the industry was considered in defining and calibrating this category. All figures are in a common currency (U.S. dollars, millions) and are not adjusted for inflation (i.e., they are current values). Exchange rates used to convert to U.S. dollars are averages for the year in question. Future exchange rates are assumed to be constant in the future at the current level (the average of the year of this publication's release in 2022).