Recycled Pet Market is Expected to Generate a Revenue of USD 12.25 Billion By 2032
According to Custom Market Insights (CMI), the Global Recycled PET Market size was estimated at USD 9.02 Billion in 2021 and is expected to hit around USD 12.25 Billion by 2030, poised to grow at a compound annual growth rate (CAGR) of 5.8% from 2022 to 2030. Polyethylene terephthalate PET is an aliphatic polyester and thermoplastic resin. It is widely available and cost-effective, due to which it can be recycled widely. It is extruded or molded into plastic bottles and containers for packaging foods and beverages, personal care products, and many other consumer products. Browse the full “ Recycled PET Market Size, Trends, and Insights By Color (Clear, Colored), By Grade (Post-consumer Resin, Post-commercial Resin, Post-industrial Resin), By Application (Food & Beverage Bottles, Non-food Bottles, Fiber, Sheets & Films, Strapping, Others (including Rope and Automotive Parts), and By Region – Global Industry Overview, Statistical Data, Competitive Ana...