Recycled Polyethylene Terephthalate Market Size, Share, and Trends 2024 to 2034

The global recycled polyethylene terephthalate market size is calculated at USD 32.53 billion in 2025 and is forecasted to reach around USD 47.82 billion by 2034, accelerating at a CAGR of 4.33% from 2025 to 2034. The Asia Pacific recycled polyethylene terephthalate market size surpassed USD 12.74 billion in 2024 and is expanding at a CAGR of 4.60% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : January 2025
  • Report Code : 1022
  • Category : Chemical and Material

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

5.1. Market Dynamics

5.1.1. Market Drivers

5.1.2. Market Restraints

5.1.3. Market Opportunities

5.2. Porter’s Five Forces Analysis

5.2.1. Bargaining power of suppliers

5.2.2. Bargaining power of buyers

5.2.3. Threat of substitute

5.2.4. Threat of new entrants

5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis

6.1.2. Key Strategies Adopted by Players

6.1.3. Vendor Landscape

6.1.3.1. List of Suppliers

6.1.3.2. List of Buyers

Chapter 7. Global Recycled Polyethylene Terephthalate Market, By Product

7.1. Recycled Polyethylene Terephthalate Market, by Product Type

7.1.1. Clear

7.1.1.1. Market Revenue and Forecast 

7.1.2. Colored

7.1.2.1. Market Revenue and Forecast 

Chapter 8. Global Recycled Polyethylene Terephthalate Market, By Application

8.1. Recycled Polyethylene Terephthalate Market, by Application

8.1.1. Food & Beverage Containers and Bottles

8.1.1.1. Market Revenue and Forecast 

8.1.2. Fiber

8.1.2.1. Market Revenue and Forecast 

8.1.3. Sheet and Film

8.1.3.1. Market Revenue and Forecast 

8.1.4. Strapping

8.1.4.1. Market Revenue and Forecast 

8.1.5. Non-Food Containers and Bottles

8.1.5.1. Market Revenue and Forecast 

8.1.6. Others

8.1.6.1. Market Revenue and Forecast 

Chapter 9. Global Recycled Polyethylene Terephthalate Market, Regional Estimates and Trend Forecast

9.1. North America

9.1.1. Market Revenue and Forecast, by Product 

9.1.2. Market Revenue and Forecast, by Application 

9.1.3. U.S.

9.1.3.1. Market Revenue and Forecast, by Product 

9.1.3.2. Market Revenue and Forecast, by Application 

9.1.4. Rest of North America

9.1.4.1. Market Revenue and Forecast, by Product 

9.1.4.2. Market Revenue and Forecast, by Application 

9.2. Europe

9.2.1. Market Revenue and Forecast, by Product 

9.2.2. Market Revenue and Forecast, by Application 

9.2.3. UK

9.2.3.1. Market Revenue and Forecast, by Product 

9.2.3.2. Market Revenue and Forecast, by Application 

9.2.4. Germany

9.2.4.1. Market Revenue and Forecast, by Product 

9.2.4.2. Market Revenue and Forecast, by Application 

9.2.5. France

9.2.5.1. Market Revenue and Forecast, by Product 

9.2.5.2. Market Revenue and Forecast, by Application 

9.2.6. Rest of Europe

9.2.6.1. Market Revenue and Forecast, by Product 

9.2.6.2. Market Revenue and Forecast, by Application 

9.3. APAC

9.3.1. Market Revenue and Forecast, by Product 

9.3.2. Market Revenue and Forecast, by Application 

9.3.3. India

9.3.3.1. Market Revenue and Forecast, by Product 

9.3.3.2. Market Revenue and Forecast, by Application 

9.3.4. China

9.3.4.1. Market Revenue and Forecast, by Product 

9.3.4.2. Market Revenue and Forecast, by Application 

9.3.5. Japan

9.3.5.1. Market Revenue and Forecast, by Product 

9.3.5.2. Market Revenue and Forecast, by Application 

9.3.6. Rest of APAC

9.3.6.1. Market Revenue and Forecast, by Product 

9.3.6.2. Market Revenue and Forecast, by Application 

9.4. MEA

9.4.1. Market Revenue and Forecast, by Product 

9.4.2. Market Revenue and Forecast, by Application 

9.4.3. GCC

9.4.3.1. Market Revenue and Forecast, by Product 

9.4.3.2. Market Revenue and Forecast, by Application 

9.4.4. North Africa

9.4.4.1. Market Revenue and Forecast, by Product 

9.4.4.2. Market Revenue and Forecast, by Application 

9.4.5. South Africa

9.4.5.1. Market Revenue and Forecast, by Product 

9.4.5.2. Market Revenue and Forecast, by Application 

9.4.6. Rest of MEA

9.4.6.1. Market Revenue and Forecast, by Product 

9.4.6.2. Market Revenue and Forecast, by Application 

9.5. Latin America

9.5.1. Market Revenue and Forecast, by Product 

9.5.2. Market Revenue and Forecast, by Application 

9.5.3. Brazil

9.5.3.1. Market Revenue and Forecast, by Product 

9.5.3.2. Market Revenue and Forecast, by Application 

9.5.4. Rest of LATAM

9.5.4.1. Market Revenue and Forecast, by Product 

9.5.4.2. Market Revenue and Forecast, by Application 

Chapter 10. Company Profiles

10.1. Placon

10.1.1. Company Overview

10.1.2. Product Offerings

10.1.3. Financial Performance

10.1.4. Recent Initiatives

10.2. Ergis Recycling

10.2.1. Company Overview

10.2.2. Product Offerings

10.2.3. Financial Performance

10.2.4. Recent Initiatives

10.3. Phoenix Technologies

10.3.1. Company Overview

10.3.2. Product Offerings

10.3.3. Financial Performance

10.3.4. Recent Initiatives

10.4. Libolon

10.4.1. Company Overview

10.4.2. Product Offerings

10.4.3. Financial Performance

10.4.4. Recent Initiatives

10.5. M&G Chemicals

10.5.1. Company Overview

10.5.2. Product Offerings

10.5.3. Financial Performance

10.5.4. Recent Initiatives

10.6. BariQ

10.6.1. Company Overview

10.6.2. Product Offerings

10.6.3. Financial Performance

10.6.4. Recent Initiatives

10.7. Zhejiang AnshunPettechsFibre Co. Ltd.

10.7.1. Company Overview

10.7.2. Product Offerings

10.7.3. Financial Performance

10.7.4. Recent Initiatives

10.8. PolyQuest

10.8.1. Company Overview

10.8.2. Product Offerings

10.8.3. Financial Performance

10.8.4. Recent Initiatives

10.9. Clear Path Recycling LLC

10.9.1. Company Overview

10.9.2. Product Offerings

10.9.3. Financial Performance

10.9.4. Recent Initiatives

10.10. Verdeco Recycling, Inc.

10.10.1. Company Overview

10.10.2. Product Offerings

10.10.3. Financial Performance

10.10.4. Recent Initiatives

Chapter 11. Research Methodology

11.1. Primary Research

11.2. Secondary Research

11.3. Assumptions

Chapter 12. Appendix

12.1. About Us

12.2. Glossary of Terms

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Frequently Asked Questions

The global recycled polyethylene terephthalate market size is predicted to hit around USD 47.82 billion by 2034 from valued at USD 31.28 billion in 2024.

Increasing use of recycled polyethylene terephthalate in fiber coupled with government initiatives promoting the use of RPET are the major factors predicted to support the growth of global recycled polyethylene terephthalate market in coming years.

Polyethylene terephthalate products are 100% recyclable and are amongst the most recycled type of plastic globally.

The global recycled polyethylene terephthalate market is poised to grow at a CAGR of 4.33% from 2025 to 2034.

Clear recycled PET held the largest share in product type segment of the global recycled polyethylene terephthalate market in 2024 and is also expected hold its place in forecast period.

Asia Pacific held the majority share of global recycled polyethylene terephthalate market in 2024 and accounted over 40% of revenue share.

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