Recycled Polyethylene Terephthalate (rPET) Market Insight Strategy and Share Analysis 2019 to 2026
The global Recycled Polyethylene Terephthalate (rPET) Market size is anticipated to around USD 12.5 billion by 2026, this market is anticipated to grow with 8% CAGR during the forecast time period. In the Recycled Polyethylene Terephthalate (rPET) Market, The regional segmentation includes current and projected demand in North America, Europe, Asia Pacific, Latin America and the Middle East and Africa.
The most commonly recycled plastics in the world is recycled polyethylene terephthalate known as rPET. The recycling rate in the U.S. was near about 31% in 2012 and 53% in the European Union, according to PETRA, the PET Resin Association. In 2016, the rate of recycling in the U.S. was below 29%. In 2015, approximately 1.8 billion pounds of PET were recycled for a variety of final products. The Environmental Protection Agency (EPA) reports 1% of urban solid waste to be transferred to PET containers in the U.S.
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In 2018, Asia Pacific was the top contributor to generate revenue in the rPET market. By 2026, it will be the largest regional market. A significant amount of skilled labor at low cost and land availability is the main characteristic for the regional market. The transition to emerging economies in the production landscape, especially China and India, is expected to have a positive effect on growth. Increasing revenue per capita, combined with growing FMCG industries, leads to the growth of the regional market.
In the coming years, the recycled polyethylene terephthalate market in Latin America is expected to grow significantly. The main factors driving regional demand are increasing demand for food and non-food bottles in a large number of end-use industries and improving economic conditions. Increasing revenue per capita, combined with growing FMCG industries, leads to the growth of the regional market.
The need to rPET in food-processed products, such as new drinking containers, is increasingly recognized by companies. Coca Cola plans to use rPET in its containers for 50% by 2030. The supply of PET products for postconsumer use is a challenge. In recent years, the recovery rate in the U.S. has remained flat or declining. Lower material production by curbside recycling programs has intensified this situation, which, in turn, is related to the decreasing popularity of carbonated drinks, and the trend to the design of light bottles.
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Recycled Polyethylene Terephthalate (rPET) Market (By Product: Clear, Coloured; By End-Use: Fiber, Sheet and Film, Strapping, Food & Beverage Containers and Bottles, Non-Food Containers and Bottles, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026
In view of the ongoing shift to recyclable plastic packaging and other environmentally friendly technologies, the global market for rPET packaging is expected to grow. In a number of instances, local supermarket chains have decided to use rPET for several products sold in their shops. Manufacturers have changed their production industry to boost their purification capability for PET waste and rPET rolling stock production. This is further down the value chain adapted to rPET packaging formats. In general, rPET packaging consists of more than 30% recycled post-consumer waste and is the ideal solution for any company that wants to be environmentally friendly. The high printability of rPET also increases the chances of adopting rPET packaging. For high quality rPET packaging printing a number of printing techniques can be used. rPET packaging should gain more traction due to stringent regulation of the plastic packaging industry. In addition, emerging technology packaging such as MAP (Modified Air Packaging) includes outstanding barrier properties that prevent gas entry and exit. rPET packaging has an advantage over other packaging solutions, such as polypropylene and HIPS, as rPET is superior.
There are a number of other interesting things to know about recycling PET:
- The Environmental Protection Agency (EPA) estimates that only one pound of PET is saved by recycling 12,000 BTU (approximately).
- Landfills received 26.8 million tons of plastic in 2017. This represented 19.2% of the entire municipal solid waste (MSW).
- Custom bottles are 62% of all rPET bottles, which are not used for carbonated soft drinks.
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Market Segmentation
Market By Product
- Clear
- Coloured
Market By End-Use
- Fiber
- Sheet and Film
- Strapping
- Food & Beverage Containers and Bottles
- Non-Food Containers and Bottles
- Others
Market By Geography
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- Rest of Asia-Pacific
- Latin America
- Brazil
- Chile
- Rest of Latin America
- Middle East and Africa (MEA)
- South Africa
- Saudi Arabia
- Rest of MEA
Key Questions Answered in the Report
The report addresses key questions concerning the market evolution and overarching trends shaping global market growth. Some of the key questions answered in the report include-
- What is the overall structure of the market?
- What was the historical value and what is the forecasted value of the market?
- What are the key product level trends in the market?
- What are the market level trends in the market?
- Which of the market players are leading and what are their key differential strategies to retain their stronghold?
- Which are the most lucrative regions in the market space?
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TABLE OF CONTENT
CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of Recycled Polyethylene Terephthalate (rPET)
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Recycled Polyethylene Terephthalate (rPET) Market By Product
1.2.2.1. Global Recycled Polyethylene Terephthalate (rPET) Market Revenue and Growth Rate Comparison By Product (2015-2026)
1.2.2.2. Global Recycled Polyethylene Terephthalate (rPET) Market Revenue Share By Product in 2017
1.2.2.3. Clear
1.2.2.4. Coloured
1.2.2.5. Others
1.2.3. Recycled Polyethylene Terephthalate (rPET) Market By End-Use
1.2.3.1. Global Recycled Polyethylene Terephthalate (rPET) Market Revenue and Growth Rate Comparison By End-Use (2015-2026)
1.2.3.2. Global Recycled Polyethylene Terephthalate (rPET) Market Revenue Share By End-Use in 2017
1.2.3.3. Fiber
1.2.3.4. Sheet and Film
1.2.3.5. Strapping
1.2.3.6. Food & Beverage Containers and Bottles
1.2.3.7. Non-Food Containers and Bottles
1.2.3.8. Others
1.2.4. Recycled Polyethylene Terephthalate (rPET) Market by Geography
1.2.4.1. Global Recycled Polyethylene Terephthalate (rPET) Market Revenue and Growth Rate Comparison by Geography (2015-2026)
1.2.4.2. North America Recycled Polyethylene Terephthalate (rPET) Market Revenue and Growth Rate (2015-2026)
1.2.4.3. Europe Recycled Polyethylene Terephthalate (rPET) Market Revenue and Growth Rate (2015-2026)
1.2.4.4. Asia-Pacific Recycled Polyethylene Terephthalate (rPET) Market Revenue and Growth Rate (2015-2026)
1.2.4.5. Latin America Recycled Polyethylene Terephthalate (rPET) Market Revenue and Growth Rate (2015-2026)
1.2.4.6. Middle East and Africa (MEA) Recycled Polyethylene Terephthalate (rPET) Market Revenue and Growth Rate (2015-2026)
CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2017
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players
CHAPTER 3. MANUFACTURING PLANTS ANALYSIS
3.1. Capacity and Commercial Production Date of Global Recycled Polyethylene Terephthalate (rPET) Major Manufacturers in 2017
3.2. Manufacturing Plants Distribution of Global Recycled Polyethylene Terephthalate (rPET) Major Manufacturers in 2017
3.3. R&D Status and Technology Source of Global Recycled Polyethylene Terephthalate (rPET) Major Manufacturers in 2017
3.4. Raw Materials Sources Analysis of Global Recycled Polyethylene Terephthalate (rPET) Major Manufacturers in 2017
CHAPTER 4. RECYCLED POLYETHYLENE TEREPHTHALATE (RPET) MARKET BY PRODUCT
4.1. Global Recycled Polyethylene Terephthalate (rPET) Revenue By Product
4.2. Clear
4.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.3. Coloured
4.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.4. Others
4.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 5. RECYCLED POLYETHYLENE TEREPHTHALATE (RPET) MARKET BY END-USE
5.1. Global Recycled Polyethylene Terephthalate (rPET) Revenue By End-Use
5.2. Fiber
5.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.3. Sheet and Film
5.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.4. Strapping
5.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.5. Food & Beverage Containers and Bottles
5.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.6. Non-Food Containers and Bottles
5.6.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.6.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.7. Others
5.7.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.7.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 6. NORTH AMERICA RECYCLED POLYETHYLENE TEREPHTHALATE (RPET) MARKET BY COUNTRY
6.1. North America Recycled Polyethylene Terephthalate (rPET) Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.2. North America Recycled Polyethylene Terephthalate (rPET) Market Revenue Share Comparison, 2015 & 2026 (%)
6.3. U.S.
6.3.1. U.S. Recycled Polyethylene Terephthalate (rPET) Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
6.3.2. Market Revenue and Forecast By End-Use, 2015 - 2026 ($Million)
6.4. Canada
6.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
6.4.2. Market Revenue and Forecast By End-Use, 2015 - 2026 ($Million)
6.5. Mexico
6.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
6.5.2. Market Revenue and Forecast By End-Use, 2015 - 2026 ($Million)
CHAPTER 7. EUROPE RECYCLED POLYETHYLENE TEREPHTHALATE (RPET) MARKET BY COUNTRY
7.1. Europe Recycled Polyethylene Terephthalate (rPET) Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.2. Europe Recycled Polyethylene Terephthalate (rPET) Market Revenue Share Comparison, 2015 & 2026 (%)
7.3. UK
7.3.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
7.3.2. Market Revenue and Forecast By End-Use, 2015 - 2026 ($Million)
7.4. Germany
7.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
7.4.2. Market Revenue and Forecast By End-Use, 2015 - 2026 ($Million)
7.5. France
7.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
7.5.2. Market Revenue and Forecast By End-Use, 2015 - 2026 ($Million)
7.6. Spain
7.6.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
7.6.2. Market Revenue and Forecast By End-Use, 2015 - 2026 ($Million)
7.7. Rest of Europe
7.7.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
7.7.2. Market Revenue and Forecast By End-Use, 2015 - 2026 ($Million)
CHAPTER 8. ASIA-PACIFIC RECYCLED POLYETHYLENE TEREPHTHALATE (RPET) MARKET BY COUNTRY
8.1. Asia-Pacific Recycled Polyethylene Terephthalate (rPET) Market Revenue and Growth Rate, 2015 - 2026 ($Million)
8.2. Asia-Pacific Recycled Polyethylene Terephthalate (rPET) Market Revenue Share Comparison, 2015 & 2026 (%)
8.3. China
8.3.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.3.2. Market Revenue and Forecast By End-Use, 2015 - 2026 ($Million)
8.4. Japan
8.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.4.2. Market Revenue and Forecast By End-Use, 2015 - 2026 ($Million)
8.5. India
8.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.5.2. Market Revenue and Forecast By End-Use, 2015 - 2026 ($Million)
8.6. Australia
8.6.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.6.2. Market Revenue and Forecast By End-Use, 2015 - 2026 ($Million)
8.7. South Korea
8.7.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.7.2. Market Revenue and Forecast By End-Use, 2015 - 2026 ($Million)
8.8. Rest of Asia-Pacific
8.8.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.8.2. Market Revenue and Forecast By End-Use, 2015 - 2026 ($Million)
CHAPTER 9. LATIN AMERICA RECYCLED POLYETHYLENE TEREPHTHALATE (RPET) MARKET BY COUNTRY
9.1. Latin America Recycled Polyethylene Terephthalate (rPET) Market Revenue and Growth Rate, 2015 - 2026 ($Million)
9.2. Latin America Recycled Polyethylene Terephthalate (rPET) Market Revenue Share Comparison, 2015 & 2026 (%)
9.3. Brazil
9.3.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
9.3.2. Market Revenue and Forecast By End-Use, 2015 - 2026 ($Million)
9.4. Argentina
9.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
9.4.2. Market Revenue and Forecast By End-Use, 2015 - 2026 ($Million)
9.5. Rest of Latin America
9.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
9.5.2. Market Revenue and Forecast By End-Use, 2015 - 2026 ($Million)
CHAPTER 10. MIDDLE EAST RECYCLED POLYETHYLENE TEREPHTHALATE (RPET) MARKET BY COUNTRY
10.1. Middle East Recycled Polyethylene Terephthalate (rPET) Market Revenue and Growth Rate, 2015 - 2026 ($Million)
10.2. Middle East Recycled Polyethylene Terephthalate (rPET) Market Revenue Share Comparison, 2015 & 2026 (%)
10.3. Saudi Arabia
10.3.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
10.3.2. Market Revenue and Forecast By End-Use, 2015 - 2026 ($Million)
10.4. UAE
10.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
10.4.2. Market Revenue and Forecast By End-Use, 2015 - 2026 ($Million)
10.5. Rest of Middle East
10.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
10.5.2. Market Revenue and Forecast By End-Use, 2015 - 2026 ($Million)
CHAPTER 11. AFRICA RECYCLED POLYETHYLENE TEREPHTHALATE (RPET) MARKET BY COUNTRY
11.1. Africa Recycled Polyethylene Terephthalate (rPET) Market Revenue and Growth Rate, 2015 - 2026 ($Million)
11.2. Africa Recycled Polyethylene Terephthalate (rPET) Market Revenue Share Comparison, 2015 & 2026 (%)
11.3. South Africa
11.3.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
11.3.2. Market Revenue and Forecast By End-Use, 2015 - 2026 ($Million)
11.4. Egypt
11.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
11.4.2. Market Revenue and Forecast By End-Use, 2015 - 2026 ($Million)
11.5. Rest of Africa
11.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
11.5.2. Market Revenue and Forecast By End-Use, 2015 - 2026 ($Million)
CHAPTER 12. COMPANY PROFILE
12.1. Libolon
12.1.1. Company Snapshot
12.1.2. Overview
12.1.3. Financial Overview
12.1.4. Product Portfolio
12.1.5. Key Developments
12.1.6. Strategies
12.2. Placon
12.2.1. Company Snapshot
12.2.2. Overview
12.2.3. Financial Overview
12.2.4. Product Portfolio
12.2.5. Key Developments
12.2.6. Strategies
12.3. Phoenix Technologies
12.3.1. Company Snapshot
12.3.2. Overview
12.3.3. Financial Overview
12.3.4. Product Portfolio
12.3.5. Key Developments
12.3.6. Strategies
12.4. Clear Path Recycling LLC
12.4.1. Company Snapshot
12.4.2. Overview
12.4.3. Financial Overview
12.4.4. Product Portfolio
12.4.5. Key Developments
12.4.6. Strategies
12.5. Evergreen Plastics, Inc.
12.5.1. Company Snapshot
12.5.2. Overview
12.5.3. Financial Overview
12.5.4. Product Portfolio
12.5.5. Key Developments
12.5.6. Strategies
12.6. Verdeco Recycling, Inc.
12.6.1. Company Snapshot
12.6.2. Overview
12.6.3. Financial Overview
12.6.4. Product Portfolio
12.6.5. Key Developments
12.6.6. Strategies
12.7. PolyQuest
12.7.1. Company Snapshot
12.7.2. Overview
12.7.3. Financial Overview
12.7.4. Product Portfolio
12.7.5. Key Developments
12.7.6. Strategies
12.8. M&G Chemicals
12.8.1. Company Snapshot
12.8.2. Overview
12.8.3. Financial Overview
12.8.4. Product Portfolio
12.8.5. Key Developments
12.8.6. Strategies
12.9. Zhejiang Anshun Pettechs Fibre Co., Ltd.
12.9.1. Company Snapshot
12.9.2. Overview
12.9.3. Financial Overview
12.9.4. Product Portfolio
12.9.5. Key Developments
12.9.6. Strategies
12.10. Others
12.10.1. Company Snapshot
12.10.2. Overview
12.10.3. Financial Overview
12.10.4. Product Portfolio
12.10.5. Key Developments
12.10.6. Strategies
CHAPTER 13. RESEARCH APPROACH
13.1. Research Methodology
13.1.1. Initial Data Search
13.1.2. Secondary Research
13.1.3. Primary Research
13.2. Assumptions and Scope
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