The Recycled Polyethylene Terephthalate Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2024-2033).

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Technology advancement activities are a key trend gaining popularity in the recycled polyethylene terephthalate market, such as PET, the XTREME Renew process, and others. Innovative recycling and recovery techniques and technologies have enormous economic value in transforming post-use and difficult-to-recycle plastic. They can be converted into their original building blocks that can be continually reintegrated into supply chains as feedstocks for new plastics and chemicals, other raw materials for manufacturing, and lower-environmental-footprint transportation fuels. Advanced recycling can handle impurities, contamination, mixed polymers, and low-quality, low-density plastics. Other than these printing wastes, manufacturers also utilize PET waste from other streams for this purpose, thus lowering material costs. In 2021, LiquiGlide technology was adopted that removes friction, allowing thick, slow-moving liquids to flow more easily. This was used by Colgate's new clear PET toothpaste container.

The increase in demand for sustainable packaging solutions is driving the growth of the recycled polyethylene terephthalate market. According to Placon, the leading designer and manufacturer of plastic thermoforming and injection-molded packaging, the coming decade will see the collection of post-consumer beverage bottles reach close to 100%. Recycling is critical to a sustainable future as it delivers fewer greenhouse gases and generates less waste. Global brands are including more and more recycled content in their packaging to meet consumer demands. The most popular and widely used brands, like Coca-Cola, PepsiCo, Unilever, Danone, and Nestle, have all made commitments to include up to 100% recycled plastic in their packaging. These companies recognize the value of PET, not just from an economical standpoint but also from a holistic sustainability standpoint. Major FMCG (fast-moving consumer goods) brands such as PepsiCo, Nestle, Coca-Cola, Mars, and Unilever are challenging their suppliers to achieve the target of 100% compostable, reusable, and recyclable packaging by 2025.

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The recycled polyethylene terephthalate market covered in this report is segmented –
1) By Product: Clear, Colored
2) By Application: Fiber, Sheet and Film, Strapping, Food & Beverage Containers and Bottles, Non-Food Containers and Bottles
3) By End-Use Industry: Packaging, Electrical & Electronics, Automotive, Construction


Furthermore, technological advancements stand out as a key trend shaping the recycled polyethylene terephthalate market. Innovations like PET and the XTREME Renew process highlight the industry's commitment to employing cutting-edge recycling and recovery techniques. These advancements hold immense economic value, transforming post-use and challenging-to-recycle plastics into original building blocks. These blocks find continuous integration into supply chains as feedstocks for new plastics and chemicals, contributing to the development of low-environmental-footprint transportation fuels.

Among the notable technologies making waves is LiquiGlide, introduced in 2021. This groundbreaking technology, adept at removing friction, facilitates the smooth flow of thick, slow-moving liquids. A prime example of its application is evident in Colgate's new clear PET toothpaste container, showcasing the industry's commitment to technological innovation and sustainability.


The recycled polyethylene terephthalate market report table of contents includes:
1. Executive Summary
2. Recycled Polyethylene Market Characteristics
3. Recycled Polyethylene Market Trends And Strategies
4. Recycled Polyethylene Market - Macro Economic Scenario
5. Global Recycled Polyethylene Market Size and Growth

.....

31. Global Recycled Polyethylene Market Competitive Benchmarking
32. Global Recycled Polyethylene Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Recycled Polyethylene Market
34. Recycled Polyethylene Market Future Outlook and Potential Analysis
35. Appendix

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