Bharat Book Bureau Provides the Trending Market Research Report on “Recycled Polyethylene Terephthalate (rPET) Market, By Product (Clear, and Coloured), By Application (Fibre, Sheet & Film, Food & Beverage, Strapping, and Non-Food Containers), and By Geography (NA, EU, APAC, and RoW) - Analysis, Share, Trends, Size, & Forecast From 2014-2025 ”under Chemical and Materials Category. The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports.

REPORT HIGHLIGHT
The Recycled Polyethylene Terephthalate Market was valued at USD 6.23 billion by 2017, growing with 6.8% CAGR during the forecast period, 2018-2025. In terms of volumne, the global industry was valued 8,890.2 kilo Tons in 2017 and is projected to grow with 7.1% CAGR during the study period.

Market Dynamics

Recycled Polyethylene Terephthalate (rPET) is a highly recyclable product that is currently a part of the plastics category. The key highlight of the product is the fact that it can be recycled and leaves less of an impact on the environment as compared to the general non-recyclable plastic or single-use plastic. Inherent product characteristics include lightweight, recyclable, re-sealable and inexpensive. The highlight in terms of growth driver remains the dependency on plastic material for various types of packaging due to its ease and benefits. Plastic is durable and excellent in terms of strength, therefore, the dependency is not unfound.

The ban on non-recyclable plastic in various countries such as a few states in India makes improves the market share of recyclable plastic here. Based on an article in the Global Citizen website, each year approximately 8 million metric tons of plastic enters in the water bodies globally. However, in the long run, there could be a complete plastic ban, various environmental groups, country laws, and overall awareness may lead to a plastic ban. Plastic replacements such as wooden or paper material research will pose a threat to the rPET bottles market. Global Citizen Website suggests that over 15 countries globally have taken serious action against the menace of plastic consumption.

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The market size and forecast for each segment and sub-segments has been considered as below:
Historical Year – 2014 & 2016
Base Year – 2017
Estimated Year – 2018
Projected Year – 2025

TARGET AUDIENCE
Traders, Distributors, and Suppliers
Manufacturers
Government and Regional Agencies
Research Organizations
Consultants
Distributors

SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:

MARKET, BY PRODUCT
Clear
Colored

MARKET, BY APPLICATION
Fiber
Sheet and Film
Strapping
Food & Beverage Containers and Bottles
Non-Food Containers and Bottles
Others

MARKET, BY REGION
North America
U.S.
Canada
Europe
Germany
France
Rest of Europe
Asia Pacific
India
China
Rest of APAC
Rest of the World
Middle East and Africa
Latin America

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