PUBLISHER: Value Market Research | PRODUCT CODE: 1288795
PUBLISHER: Value Market Research | PRODUCT CODE: 1288795
The global demand for Recycled PET Flakes Market is presumed to reach the market size of nearly USD 27.53 BN by 2030 from USD 11 BN in 2022 with a CAGR of 12.15% under the study period of 2022 - 2030. Regarding volume, the market was calculated XX Kilo Tons in 2022 and forecast to touch XX Kilo Tons by 2030 with a CAGR of XX% during 2023-2030.
Recycled PET flakes are recycled material produced by waste without exploiting natural resources. To generate PET flakes, the waste goes under a procedure of recycling that includes sorting, cleaning, grinding, drying, etc. Recycled PET flakes are used for various industrial applications. These are eco-friendly and low-cost solutions used for multiple applications. Recycled PET flakes are made of materials like bottles and plastic, etc. It offers heat retention, quick drying, high rigidity, softness, wrinkle resistance, stretching resistance, and increased flexural and tensile strength.
Recycled PET flakes are used in various end-use industries like food & beverage, textile, automobile, etc., which are expected to drive its market growth. The characteristics recycled PET flakes offer are projected to propel its market growth. The rising awareness of the material and its benefits, like low cost, economical, sustainable, and environmentally friendly nature, is expected to boost the recycled PET flakes market growth. Additionally, the growing government initiatives to promote and support recycling projects for environmental conservation and sustainable development are projected to influence recycled PET flakes' market growth positively. Strict policies and regulations to reduce waste and ensure a safe environment have driven the market growth of recycled PET flakes.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of recycled pet flakes. The growth and trends of Recycled PET Flakes Industry provide a holistic approach to this study.
This section of the recycled pet flakes market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Recycled PET Flakes market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the recycled pet flakes market include Clear Path Recycling LLC, Verde co Recycling, Indorama Ventures Public Ltd., Poly Quest, Evergreen Plastics, Inc., Biffa, GSM Plastic Industries, RCS Entsorgung GmbH, TOMRA System ASA, Polyvim LLC, Veolia Umweltservice GmbH, Amaani Polyflakes, Pashupati Polytex Pvt. Ltd., AlEn USA, RAHSAM Co., Langgeng Jaya Group. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.