Global Recycled PET Chips Market Research Report 2021 Professional Edition

Global Recycled PET Chips Market Research Report 2021 Professional Edition...

Published:
May 20,2021
Report ID:
758950
Pages:
150
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  • Summary
  • Content
  • Tables And Figures
    • The global Recycled PET Chips market was valued at 778.55 Million USD in 2020 and will grow with a CAGR of 5.44% from 2020 to 2027, based on HNY Research newly published report.
    The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
    Recycling is the collection of used materials that would otherwise be waste to be broken down and remade into new products. Motivations for recycling include environmental sustainability and financial concerns sustainability because the reused material both prevents waste and reduce the consumption of new raw materials, and financial because it can be cheaper to produce different products from recycled materials. One of the main usages of this process is recycling of polymer materials and wastes, specially those made up of polypropylene and polyester. This report focuses on Recycled PET Chips. PET, or polyethylene tephthalate, is semi-rigid to rigid, depending on thickness. It makes a good barrier method, especially for use in water bottles, soft and fizzy drink bottles, pots, tubs, oven ready trays, jam jars soft drink bottles. PET can be produced in a thin film, such as that which is used to make Mylar. It is also used for flexible food packaging. When recycled, it is made into fiberfill, carpeting, or non-food containers and bottles. Recycled PET (RPET) is a viable alternative to virgin PET and can be used in multiple applications. Main application of RPET chips is used to produce fiber, which can be further fabricated as textile or carpets. In 2017, fiber takes 83.27% of total market share. Recycled PET chips can also be used to produce bottles, sheets, film, etc. Over the last several years, RPET has been successfully used in food packaging applications. The price and demand of Recycled PET is greatly affected by the price of virgin PET chips. When the price of virgin PET chips goes up, the price of Recycled PET chips can also be lifted. The gross margin of the industry is not high due to the immature of the industry, as well as low entry barrier. However, the market space of Recycled PET is huge, as recycle rate of waste bottles has been growing in both developed and developing countries. The Global Recycled PET Chips market size was 7765.03 million USD in 2017 and it will be 11187.38 million USD in 2024, with a Growth Rate of 5.35% from 2017 to 2024.
    By Market Verdors:
    Clean Tech Incorporated
    Clear Path Recycling
    Mohawk Industries Incorporated
    CarbonLite Industries
    Greentech
    Visy
    Evergreen Plastics
    Extrupet
    PolyQuest
    Phoenix Technologies
    Verdeco Recycling
    4PET RECYCLING BV
    Far Eastern Group
    Kyoei Industry
    Wellpine Plastic Industical
    Lung Shing International
    Longfu Recycling Energy Scientech
    Suzhou Jiulong Recy & Tech

    By Types:
    Clear Chip
    Brown Chip
    Green Chip
    Blue Chip

    By Applications:
    Bottles
    Sheet
    Fiber
    Strapping

    Key Indicators Analysed
    Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
    Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
    Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
    Opportunities and Drivers: Identifying the Growing Demands and New Technology
    Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

    Key Reasons to Purchase
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    Assess the production processes, major issues, and solutions to mitigate the development risk.
    To understand the most affecting driving and restraining forces in the market and its impact in the global market.
    Learn about the market strategies that are being adopted by leading respective organizations.
    To understand the future outlook and prospects for the market.
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    What’s Included

    Market Size

    Market Share

    Market Segmentation

    Market Forecast

    Regional Segment Analysis

    Compound Annual Growth Rate

    Company and Brand Details

    Market Revenue and
    Growth Opportunities

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