MarketIntelligenceData recently published a research report called Global Recycled PET Chips Market. Primary and secondary research methods were used to construct this report. The Analysis was derived using history and predictions. The report includes an in-depth study of geographic regions, revenue forecasts, segmentation, and market share.
The global Recycled PET Chips market is expected to flourish in terms of volume and value over the forecast period. The report provides an understanding of the various drivers, threats, opportunities, and limitations of the market. Analysts have used SWOT and Porter’s Five Forces Analysis to determine the impact of these factors on market growth during the forecast period.
The global Recycled PET Chips market is expected to grow at a CAGR of 5.76% during the period 2022-2028, according to Market intelligence data. The global Recycled PET Chips market size is expected to grow from USD 8.9 billion in 2022 to USD 11.7 billion by 2028.
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Main Key Players:
Clean Tech Incorporated, Indorama Ventures, Biffa, Clear Path Recycling, Mohawk Industries Incorporated, CarbonLite Industries, Greentech, Visy, Evergreen Plastics, Extrupet, PolyQuest, Phoenix Technologies, Verdeco Recycling, 4PET RECYCLING BV, Far Eastern Group, Kyoei Industry, Wellpine Plastic Industical, Lung Shing International, Longfu Recycling Energy Scientech, Suzhou Jiulong Recy & Tech and others.
Recent Developments
- In September 2021, Biffa acquired the Collections business and certain recycling assets from Viridor Waste Management Limited. The acquisition is expected to expand Biffa’s I&C collections business and recycling capabilities, broadening the Group’s customer base, and strengthening its leading position in sustainable waste management in the UK.
- In June 2021, Indorama Ventures acquired the CarbonLite Holdings’ facility in Texas as part of the company’s commitment to increasing PET recycling capacity
Based on product type, the Recycled PET Chips market is segmented as follow:
Clear Chip
Brown Chip
Green Chip
Blue Chip
Others
Based on application, the Recycled PET Chips market is segmented as follow:
Bottles
Sheet
Fiber
Strapping
Others
Market Analysis and Insights: Global Recycled PET Chips Market
Recycled PET Chips Market report provides you with detailed insights, industry knowledge, market forecasts and analytics. The report on the global Recycled PET Chips industry also clarifies economic risks and environmental compliance. Global market report assists industry enthusiasts including investors and decision makers to make confident capital investments, develop strategies, optimize their business portfolio, innovate successfully and perform safely and sustainably.
Regions Are covered by Recycled PET Chips Market Report 2022 To 2028
The Recycled PET Chips report provides information about the market area, which is further subdivided into regions and sub-regions:
- North America (the United States, Canada, and Mexico)
- Europe (Germany, France, UK, Russia, and Italy)
- Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
- South America (Brazil, Argentina, and Colombia)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
This chapter of the report mentions the market share and growth rate of each region, country and sub-region during the estimated period.
“APAC is the largest market for Recycled PET Chips .”
APAC accounted for the largest share of the Recycled PET Chips market in 2022. The demand for RPET in the APAC is expected to increase further during the next five years due to the increasing PET recycling activities in Southeast Asian countries. Market growth is also driven by foreign investments owing to cheap labor and economical and accessible raw materials
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Following are major TOC of Recycled PET Chips Market:
Chapter 1: Recycled PET Chips Market Overview
Chapter 2: Global Economic Impact on Industry
Chapter 3: Global Recycled PET Chips Market Competition by Manufacturers
Chapter 4: Global Production, Profits (Value) by Region
Chapter 5: Global Supply (Production), Import, Export, Consumption, by Regions
Chapter 6: Global Price Trend by Type, Revenue (Value), Production
Chapter 7: Manufacturing Cost Analysis
Chapter 8: Global Market Analysis by Application
Chapter 9: Industrial Chain and Downstream Buyers, Sourcing Strategy
Chapter 10: Marketing Strategy Analysis, Distributors/Traders
Chapter 11: Market Effect Factors Analysis
Chapter 12: Global Recycled PET Chips Market Forecast
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Research Methodology:
Recycled PET Chips Market report includes the estimation of market size. Both Top-down and bottom-up approaches have been used to estimate and validate the market size of Recycled PET Chips Market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
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