Published on: July 01, 2021

Recycled PET Market by Application and Geography - Forecast and Analysis 2021-2025 Market Analysis

The recycled PET market, categorized under the commodity chemicals industry that was valued at $2,269.45 billion in 2020, will register steady growth during 2021-2025. The increasing focus toward recycling and reusing will be a key factor driving market growth.

B. Schoenberg & Co. Inc., Envision Plastics, Imerys SA, Kuusakoski Group Oy, KW Plastics, and MBA Polymers Inc. are some of the major recycled PET companies.

Recycled PET Market - Key Insights

This report provides a detail analysis of the market based on the application (Food & Beverage Bottles, Non-food Bottles, Fiber, Sheets & Films, Strapping, and others) and geography (North America, APAC, Europe, Latin America, and Middle East and Africa). The country-level analysis provided by this recycled PET market report also offers insights on the market’s growth in the key countries the vendors should focus on.

Key Growth Influencers & Competitive Landscape

The market is quite competitive. With favorable conditions for growth, the level of competition among companies will intensify further.

The growing focus toward recycling and reusing is anticipated to have a major impact on the demand for recycled PET. Additionally, key recycled PET market trends, such as the increasing initiatives by plastic manufacturers to develop reusable plastics will also influence its demand during the forecast period. High operational expenses will pose as a major challenge for vendors.

Some of the key recycled PET market vendors covered in this report include:

• B. Schoenberg & Co. Inc.


• Envision Plastics


• Imerys SA


• Kuusakoski Group Oy


• KW Plastics


• MBA Polymers Inc.

To increase their market share and succeed in this competitive market, vendors are focusing on deploying new strategies. The detailed vendor analysis will help companies understand the competitive environment in different geographic regions.

Covering key aspects including business expansions, collaborations and partnerships, and entry barriers, this report will help vendors identify new growth opportunities and design strategies before venturing into new product and service segments. The report also provides details on the challenges that will restrict market growth.

Recycled PET Market - Key Topics Covered in this Report

• CAGR of the market during the forecast period 2021-2025


• Current market size and the growth potential of the recycled PET market


• Analysis of the factors that will influence recycled PET industry growth


• Accurate predictions on upcoming trends and changes in consumer behavior


• The region which will see the highest demand for recycled PET market


• Revenue forecast for individual segments and regions


• Thorough analysis of the market’s competitive landscape


• Competitor market share & their growth strategies


• Entry barriers for new companies


• Market-specific risks that will challenge vendor growth

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