Global Recycled PET Chips Market Report, History and Forecast 2017-2028, Breakdown Data by Manufacturers, Key Regions, Types and Application

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.
Market Analysis and Insights: Global Recycled PET Chips Market
Due to the COVID-19 pandemic, the global Recycled PET Chips market size is estimated to be worth US$ 9671.1 million in 2021 and is forecast to a readjusted size of US$ 14040 million by 2028 with a CAGR of 5.4% during the forecast period 2022-2028.
The main market for recycled PET chips is China, accounting for about 60%. Europe was next at 10%.
Major manufacturers are Lung Shing International, Longfu Recycling Energy Scientech, Clean Tech Incorporated, Clear Path Recycling, etc.
Global Recycled PET Chips Scope and Market Size
The global Recycled PET Chips market is segmented by region (country), company, by Type and by Application. Players, stakeholders, and other participants in the global Recycled PET Chips market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
Segment by Type
Clear Chip
Brown Chip
Green Chip
Blue Chip
Others
Segment by Application
Bottles
Sheet
Fiber
Strapping
Others
By Company
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 Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Philippines
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E

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