Latest research report on “Recycled PET Chips Market” now available at high quality database of ReportsnReports.com with market size, share, trends, competitive and statistical analysis. An exclusive data offered in this report is collected by research and industry experts team.
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Recycling is the collection of used materials that would otherwise be waste to be broken down and remade into new products. Motivations for recycling include environmental sustainability and financial concerns sustainability because the reused material both prevents waste and reduce the consumption of new raw materials, and financial because it can be cheaper to produce different products from recycled materials. One of the main usages of this process is recycling of polymer materials and wastes, specially those made up of polypropylene and polyester.
This report focuses on Recycled PET Chips. PET, or polyethylene tephthalate, is semi-rigid to rigid, depending on thickness. It makes a good barrier method, especially for use in water bottles, soft and fizzy drink bottles, pots, tubs, oven ready trays, jam jars soft drink bottles. PET can be produced in a thin film, such as that which is used to make Mylar. It is also used for flexible food packaging. When recycled, it is made into fiberfill, carpeting, or non-food containers and bottles.
This report contains market size and forecasts of Recycled PET Chips in global, including the following market information:
Global Recycled PET Chips Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Recycled PET Chips Market Sales, 2017-2022, 2023-2028, (K MT)
Global top five Recycled PET Chips companies in 2021 (%)
The global Recycled PET Chips market was valued at 9951.1 million in 2021 and is projected to reach US$ 14160 million by 2028, at a CAGR of 5.2% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Clear Chip Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Recycled PET Chips include Clean Tech Incorporated, Clear Path Recycling, Mohawk Industries Incorporated, CarbonLite Industries, Greentech, Visy, Evergreen Plastics, Extrupet and PolyQuest, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Recycled PET Chips manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Recycled PET Chips Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Recycled PET Chips Market Segment Percentages, by Type, 2021 (%)
– Clear Chip
– Brown Chip
– Green Chip
– Blue Chip
– Others
Global Recycled PET Chips Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Recycled PET Chips Market Segment Percentages, by Application, 2021 (%)
– Bottles
– Sheet
– Fiber
– Strapping
– Others
Global Recycled PET Chips Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Recycled PET Chips Market Segment Percentages, By Region and Country, 2021 (%)
– North America
– – US
– – Canada
– – Mexico
– Europe
– – Germany
– – France
– – U.K.
– – Italy
– – Russia
– – Nordic Countries
– – Benelux
– – Rest of Europe
– Asia
– – China
– – Japan
– – South Korea
– – Southeast Asia
– – India
– – Rest of Asia
– South America
– – Brazil
– – Argentina
– – Rest of South America
– Middle East & Africa
– – Turkey
– – Israel
– – Saudi Arabia
– – UAE
– – Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Recycled PET Chips revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Recycled PET Chips revenues share in global market, 2021 (%)
Key companies Recycled PET Chips sales in global market, 2017-2022 (Estimated), (K MT)
Key companies Recycled PET Chips sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
– Clean Tech Incorporated
– 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
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