Recycled Polyethylene Terephthalate Market Research Report – Global Forecast to 2023 Industry Survey, Growth, Competitive Landscape and Forecasts to 2023
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Recycled Polyethylene Terephthalate Market Research Report – Global Forecast to 2023
Market Overview / Study Objective / Synopsis Recycled polyethylene terephthalate (RPET) material is produced by grounding the post-consumer material into flakes. RPET is widely used for producing food & beverage containers and bottles due to less energy consumption, low cost, and reduced environmental impact. It finds application in fibers, industrial strapping, sheet & film, food, and beverage bottles, and containers.
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Recycled Polyethylene Terephthalate Market Research Report – Global Forecast to 2023
Top 10 Global key Players & Their Strategy Some of the key players in the global recycled polyethylene terephthalate market are Placon (U.S.), Clear Path Recycling (U.S.), Verdeco Recycling Inc. (U.S.), Indorama Ventures Public Company Limited (Thailand), M & G Chemicals (Luxembourg), Zhejiang Anshun Pettechs Fiber Co., Ltd (China), PolyQuest (U.S.), Evergreen Plastics (U.S.), Phoenix Technologies (U.S.), Montello SPA (Italy), and LIBOLON (Taiwan).
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Recycled Polyethylene Terephthalate Market Research Report – Global Forecast to 2023
Pictograph Examples with Data
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Recycled Polyethylene Terephthalate Market Research Report – Global Forecast to 2023
Segmentation Analysis
• The global recycled polyethylene terephthalate market is segmented into product, application, and region. • On the basis of the product, the market is divided into clear and colored. • Based on the application the global market is segregated into fiber, food & nonfood bottles, sheet & film, strapping, and others. • Geographically, the market is divided into five key regions, including Asia Pacific, North America, Europe, Latin America, and Middle East & Africa.
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Recycled Polyethylene Terephthalate Market Research Report – Global Forecast to 2023
Regional Analysis Asia Pacific is the fastest growing region for RPET due to the prevalence of prominent players in the textile industry. Growing packaging industry in India and China is majorly influencing the RPET market coupled with rising consumer awareness regarding advantages of recycled products. Initiative taken by the Government of India in 2018 to ban plastic use is expected to drive the market for RPET. Additionally, Indian Ministry of environmental, forest, and climate change has banned recycling of imported PET bottles to emphasize on similar waste generated within the country.
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Recycled Polyethylene Terephthalate Market Research Report – Global Forecast to 2023
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