Global PET Bottle Recycling Market Growth (Status and Outlook) 2023-2029

Global PET Bottle Recycling Market Growth (Status and Outlook) 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.

LPI (LP Information)' newest research report, the “PET Bottle Recycling Industry Forecast” looks at past sales and reviews total world PET Bottle Recycling sales in 2022, providing a comprehensive analysis by region and market sector of projected PET Bottle Recycling sales for 2023 through 2029. With PET Bottle Recycling sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world PET Bottle Recycling industry.

This Insight Report provides a comprehensive analysis of the global PET Bottle Recycling landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on PET Bottle Recycling portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global PET Bottle Recycling market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for PET Bottle Recycling and breaks down the forecast by recycling process, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global PET Bottle Recycling.

The global PET Bottle Recycling market size is projected to grow from US$ 3661.2 million in 2022 to US$ 4934.9 million in 2029; it is expected to grow at a CAGR of 4.4% from 2023 to 2029.

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.

This report presents a comprehensive overview, market shares, and growth opportunities of PET Bottle Recycling market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by recycling process
Chemical
Mechanical

Segmentation by application
Food & Beverages
Personal Care
Pharmaceutical
Consumer Goods
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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

Please note: The report will take approximately 2 business days to prepare and deliver.