Recycled Polyethylene Terephthalate (rPET) Market Report

Recycled Polyethylene Terephthalate (rPET) Market Analysis Report By Product (Clear, Colored), By End Use (Fiber, Sheet & Film, Strapping, F&B Containers & Bottles), And Segment Forecasts, 2019 - 2025

  • Published Date: Feb, 2019
  • Base Year for Estimate: 2018
  • Report ID: GVR-1-68038-938-8
  • Format: Electronic (PDF)
  • Historical Data: 2014 - 2017
  • Number of Pages: 130

Industry Insights

The global recycled polyethylene terephthalate  market size was valued at USD 6.91 billion in 2018. It is projected to register a CAGR of 7.4% during the forecast period. In recent times, consumers have become more conscious towards environmental sustainability, which has benefitted the growth of the market.In addition, ban on landfills introduced in several developed countries in North America and Europe is anticipated to drive the rPETmarket over the forecast period.

In terms of revenue, the market in the U.S. represented sizeable share in the overall revenue in 2018. It is anticipated to progress at a CAGR of 7.9% over the forecast period.The U.S. is not only the largest market of rPET in North America but also one of the largest markets globally.

U.S. recycled polyethylene terephthalate market

Despite presence of a limited number of recycling plants, the U.S. has managed to become one of the largest PET recycling countries globally. The country has approximately 31.0% PET bottle collection rate, which is higher than the global average as well as than that of Canada.

The market in Canada is primarily driven by increasing prices and high import volume of colored and clear rPET products. Clear type PET bottles were the most recycled PET bottles in 2018. The Canada market has been witnessing a high growth over the past five years due to significant investments in the recycling industry.

Product Insights

The clear recycled PET segment dominated the market in 2018. It is estimated to exhibit a CAGR of 7.4% in terms of value during the forecast period. This type is the most widely recycled PET owing to the vast usage of clear PET bottles globally.

The growth of the colored segment is primarily driven on account of its excellent strength and durability. The base of some food containers and non-food containers produced from colored rPET gives structural strength, which helps in storing goods for a long time. These containers offer structural strength coupled with lightness and flexibility, when used for packaging purposes.

Application Insights

Fiber was the dominant end-use segment in the global recycled PET market. It accounted for 44.81% of the market volume in 2018. High demand from the FMCG, consumer goods, automobiles, clothing & accessories, textile, telecom, and home furnishing sectors is contributing to the growth of the market. Fiber is predominantly used in making mattresses, cushions, car seating, and even insulation products.

Global recycled polyethylene terephthalate market

Increasing bottle-to-bottle production and booming beverages market in Asia Pacific are expected to drive the rPET market over the forecast period. Recycled PET packaging for food & beverages provides thermal insulation and environmental impact resistance. The packaging also proves to be cost-effective owing to low cost involved in its production. Burgeoning population in emerging economies of Asia Pacific and Latin America is likely to stir up the demand for rPET bottles and containers.

Regional Insights

Asia Pacific was the leading revenue contributor in 2018. It is poised to be the largest regional market through 2025. Asia Pacific is characterized by availability of a significant amount of skilled labor at low cost and easy availability of land. Shift in production landscape towards emerging economies, particularly China and India, is projected to positively influence the growth of the market over the forecast period.

Spiraling demand for food and non-food bottles across a large number of end-use industries and improving economic conditions are the major factors fueling the demand for rPET in Latin America. Increasing per capita income, coupled with rising FMCG industry, is helping the market flourish in the region.

Recycled Polyethylene Terephthalate Market Share Insights

Placon; Clear Path Recycling LLC; Verdeco Recycling, Inc.; M&G Chemicals; Zhejiang Anshun Pettechs Fibre Co., Ltd.; PolyQuest; Evergreen Plastics, Inc.; Phoenix Technologies; and Libolon are the key manufacturers in the market. These companies are actively involved in the collection, processing of used plastics, and production of new rPET products and even distribution of the same.

Market players are focusing towards provision of greater quality products to retain customer loyalty, since low switching costs and product differentiation have reduced supplier power in recent years. Companies are thus actively engaged in product development & research, technological advancements, and even strategic collaborations to consolidate their position in the global market.

Report Scope



Base year for estimation


Actual estimates/Historical data

2014 - 2017

Forecast period

2019 - 2025

Market representation

Volume in Kilotons and Revenue in USD Million & CAGR from 2019 to 2025

Regional scope

North America, Europe, Asia Pacific, Latin America, Middle East & Africa

Report coverage  

Volume forecast, revenue forecast, competitive landscape, growth factors and trends

Country Scope

U.S., Canada, Germany, Sweden, U.K., China, India, Japan, Mexico, GCC Countries, South Africa

15% free customization scope (equivalent to 5 analyst working days)

If you need specific information, which is not currently within the scope of the report, we will provide it to you as a part of customization

Segments Covered in the Report

This report forecasts revenue and volume growth at global, regional & country levels and provides an analysis of industry trends in each of the sub-segments from 2014 to 2025. For the purpose of this study, Grand View Research has segmented the global recycled polyethylene terephthalate (rPET) market report on the basis of product, end use, and region:

  • Product Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

    • Clear

    • Colored  

  • End-Use Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

    • Fiber

    • Sheet and Film

    • Strapping

    • Food & Beverage Containers and Bottles

    • Non-Food Containers and Bottles

    • Others  

  • Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

    • North America

      • U.S.

      • Canada

    • Europe

      • Germany

      • Sweden

      • U.K.

      • Rest of Europe

    • Asia Pacific

      • China

      • Japan

      • India

      • Rest of APAC

    • Latin America

      • Mexico

      • Rest of Latin America

    • Middle East & Africa

      • GCC Countries

      • South Africa

      • Rest of MEA

Key questions answered by the report
Request for Customization

Choose License Type

Single User - $5,950
Multi User (2-5) - $6,950
Enterprise Access - $8,950

Buy Chapters or Sections

Avail customized purchase options to meet your exact research needs:

  • Buy sections of this report
  • Buy country level reports
  • Request for historical data
  • Request discounts available for Start-Ups & Universities

Why Choose Us

  • Research support

    24/5 Research support

    Get your queries resolved from an industry expert.

  • Custom research service

    Custom research service

    Design an exclusive study to serve your research needs.

  • Quality assurance

    Quality assurance

    A testimonial for service in the form of BBB "A" Accreditation.

  • BBB Rating dandb
  • Information security

    Information security

    Your personal and confidential information is safe and secure.

  • grand view research PCI DSS complaint grand view research paypal verified