Global PET Plastic Recycling Market Growth (Status and Outlook) 2025-2031

Global PET Plastic Recycling Market Growth (Status and Outlook) 2025-2031

The global PET Plastic Recycling market size is predicted to grow from US$ 15020 million in 2025 to US$ 19630 million in 2031; it is expected to grow at a CAGR of 4.6% from 2025 to 2031.

PET plastic recycling refers to the process of collecting, purifying, processing and reusing discarded PET plastic materials. PET (Polyethylene Terephthalate) is a thermoplastic plastic that is widely used in packaging, textiles, construction and other fields due to its excellent physical properties, chemical stability and transparency. However, improper use and disposal of PET plastics have also caused serious environmental pollution and great waste of resources, so PET plastic recycling has become an important environmental protection measure.

Market drivers

Corporate sustainability goals:

In response to global environmental initiatives and sustainable development goals, companies have set individual voluntary goals to increase recycled content in plastic packaging and products. These goals are usually set between 10% and 50%, driving global demand for recycled PET plastics.

Legislative push:

Governments have introduced relevant regulations and policies to promote the recycling and reuse of PET plastics. For example, Europe has set a series of goals for plastic waste collection and recycling, requiring a mandatory recycled content target of 25% in PET bottles by 2025 and a recycling target of 30% in all plastic bottles by 2030. In the United States, some states have also passed minimum recycled content regulations.

Enhanced environmental awareness:

As people's environmental awareness continues to improve, consumers are increasingly inclined to buy products containing recycled content, which has driven the market demand for recycled PET plastics.

Economic benefits:

The production of recycled PET plastics has lower energy consumption and carbon emissions than virgin PET plastics, which brings economic benefits to companies. At the same time, recycling PET plastics can also reduce the demand for new plastic raw materials and reduce production costs.

Technological progress:

With the advancement of recycling technology, the recycling rate and recycling quality of PET plastics have been improved. This allows more PET plastics to be effectively recycled and reused, meeting the needs of the market.

Global supply and demand gap:

Based on the percentage of global recycled production to global original consumption, the recycling penetration rate of PET plastics is still low. However, the average recycled content target for the next few years to 2030 is much higher than the current level. In order to meet this demand, more recycling plants need to be built and recycling production needs to be increased.

In summary, the PET plastic recycling market is driven by multiple factors such as corporate sustainable development goals, legislative promotion, increased environmental protection awareness, economic benefits, technological progress, and the global supply and demand gap. These factors promote each other and jointly promote the rapid development of the PET plastic recycling market.

LPI (LP Information)' newest research report, the “PET Plastic Recycling Industry Forecast” looks at past sales and reviews total world PET Plastic Recycling sales in 2024, providing a comprehensive analysis by region and market sector of projected PET Plastic Recycling sales for 2025 through 2031. With PET Plastic Recycling sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world PET Plastic Recycling industry.

This Insight Report provides a comprehensive analysis of the global PET Plastic 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 analyses the strategies of leading global companies with a focus on PET Plastic Recycling portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global PET Plastic Recycling market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for PET Plastic Recycling and breaks down the forecast by Type, 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 Plastic Recycling.

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

Segmentation by Type:
Chemical Recycling
Mechanical Recycling

Segmentation by Application:
PET Flakes
PET Pellets/Granules

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.
Seiu Japan
Kyoei Industry Co., Ltd.
Isono Co., Ltd.
Far Eastern Ishizuka Green PET Corporation
Nikki-Tsusho, Inc.
SEINAN
Emcgroup Company
Tobe Shoji Co., Ltd.
PET Recycling Team company
PETCO
SHAZIL
Boretech
RePlas-M

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