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Recycled Polyethylene Terephthalate Market Size, Status and Future Forecasts to 2027

The rising awareness about the importance of sustainability among consumers, increasing the number of recycling programs, and stringent regulations on landfills have resulted in boosting the Recycled Polyethylene Terephthalate market.

VijayKurane
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Recycled Polyethylene Terephthalate Market Size, Status and Future Forecasts to 2027

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  1. Recycled Polyethylene Terephthalate Market To Reach USD 12.54 Billion By 2027

  2. Market Summary Market Size – USD 6.89 Billion in 2018, Market Growth - CAGR of 6.9%, Market Trends – The elevating demand for Recycled Polyethylene Terephthalate in Food and Beverages industry The global recycled polyethylene terephthalate (rPET) market is forecast to reach USD 12.54 Billion by 2027, according to a new report by Reports and Data. Polyethylene terephthalate (PET) can be described as a highly recyclable plastic resin and a type of polyester. • Further key findings from the report suggest • The Recycled Polyethylene Terephthalate market held a market share of USD 89 Billion in the year 2018 that is forecasted to grow at a rate of 6.9% during the forecast period. • In context to Product Type, the Clear recycled PET segment generated a higher revenue of USD 4.75 Billion in 2018, with a CAGR of 7.2% during the forecast period. Its traits like durability, strength, low processing cost, along with extensive use of PET bottles across the globe, contribute to the revenue generated by this segment. • In regards to the region, North America held 0% of the market in 2018, with a growth rate of 6.9% during the forecast period. Factors like technological advancements in recycling techniques and rigid government regulations on environmental pollution contributes to its market share held by this region. www.reportsanddata.com

  3. Market Summary Key Players: Verdeco Recycling, INC, Placon, Clear Path Recycling LLC, M&G Chemicals, Indorama Ventures Public LTD., Polyquest, Zhejiang AnshunPettechs Fibre Co., Ltd., Phoenix Technologies, Evergreen Plastics, Inc. and Libolon. Segmentation: • Product Type Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2027) • Colored • Clear • Processing & Collection Methods Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2027) • Curbside Recycling • Recycling Banks • Recycling Drives Get a Free PDF Sample Copy (including TOC, Tables, and Figures) at: https://www.reportsanddata.com/sample-enquiry-form/2405 www.reportsanddata.com

  4. Market Summary End-use Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2027) Fiber Food & beverage bottles & containers Strapping Non-food Sheet & film bottles & containers Others • Regional Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2027) • North America • Europe • Asia Pacific • MEA • Latin America Avail this report at Attractive Discount rates! Click here to know more @https://www.reportsanddata.com/discount-enquiry-form/2405 www.reportsanddata.com

  5. The report emphasizes the following key questions: Q.1.What are the most lucrative and promising growth prospects for the market? Q.2.Which sectors are expected to deliver a high growth rate and which industry aspects come into play in this advancement? Q.3.Which geographies are estimated to exhibit the highest growth and the underlying causes? Q.4.Which factors are impacting the future of the market and what are the driving factors? Q.5.What are the hurdles and challenges curtailing the industry’s growth in the forecast period? www.reportsanddata.com

  6. About Us Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com

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