Recycled Polyethylene Terephthalate Market Summary
The global recycled polyethylene terephthalate market size was estimated at USD 19.38 billion in 2025 and is projected to reach USD 37.46 billion by 2033, growing at a CAGR of 8.1% from 2026 to 2033. The growth can be attributed to rising sustainability measures undertaken by food & beverage and packaging companies.
Clear rPET products are the most sought after by both recyclers and end-use industries due to their lower costs compared to colored rPET products. Colored rPET is preferred by packaging product and bottle manufacturers as it provides them with brand identity and enables the development of products with improved aesthetics.
According to the U.S. Environmental Protection Agency, single-use plastics account for approximately 50% of the total plastic demand in the country. The plastic recycling rate in the U.S. is low, as a significant portion of the plastic waste generated is exported to other countries for recycling. After the recent ban on plastic waste imports in China, the U.S. is exporting its plastic waste to Southeast Asian countries.
Global Recycled Polyethylene Terephthalate Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the global recycled polyethylene terephthalate market report based on product, end use, and region:
- Product Outlook (Volume, Kilotons; Revenue, USD Million, 2021 - 2033)
- End Use Outlook (Volume, Kilotons; Revenue, USD Million, 2021 - 2033)
- Fiber
- Sheet and Film
- Strapping
- Food & Beverage Containers and Bottles
- Non-Food Containers and Bottles
- Others
- Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2021 - 2033)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Sweden
- Poland
- Asia Pacific
- China
- India
- Japan
- South Korea
- Malaysia
- Australia
- Singapore
- Thailand
- Vietnam
- Latin America
- Brazil
- Argentina
- Middle East & Africa
- Saudi Arabia
- South Africa
- UAE
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Types & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Type & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Insights
- 2.2. Segmental Outlook
- 2.3. Competitive Outlook
Chapter 3. Recycled Polyethylene Terephthalate Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent Market Outlook
- 3.2. Penetration & Growth Prospect Mapping
- 3.3. Industry Value Chain Analysis
- 3.3.1. Profit Margin Analysis of Key Value Chain Participants
- 3.3.2. Raw Material Trends
- 3.3.3. Raw Material Price Analysis
- 3.4. Technology Overview
- 3.4.1. Commercial Production Technology
- 3.4.2. Roadmap of Technology Advancement, 2021 to 2030
- 3.5. Sustainability Trends
- 3.5.1. Recycling and Circular Economy
- 3.6. Average Price Trend Analysis, 2021 to 2030 (USD/kg)
- 3.6.1. Key Factors Influencing Pricing
- 3.6.2. Supply Demand Gap Analysis
- 3.7. Regulatory Framework
- 3.7.1. Policies and Incentive Plans
- 3.7.2. Standards and Compliances
- 3.7.3. Regulatory Impact Analysis
- 3.8. Market Dynamics
- 3.8.1. Market Driver Analysis
- 3.8.2. Market Restraint Analysis
- 3.8.3. Industry Challenges
- 3.9. Porter's Five Forces Analysis
- 3.9.1. Supplier Power
- 3.9.2. Buyer Power
- 3.9.3. Substitution Threat
- 3.9.4. Threat from New Entrants
- 3.9.5. Competitive Rivalry
- 3.10. PESTEL Analysis
- 3.10.1. Political Landscape
- 3.10.2. Economic Landscape
- 3.10.3. Social Landscape
- 3.10.4. Technological Landscape
- 3.10.5. Environmental Landscape
- 3.10.6. Legal Landscape
Chapter 4. Recycled Polyethylene Terephthalate Market: Product Outlook Estimates & Forecasts
- 4.1. Clear
- 4.1.1. Market estimates and forecast, 2021 - 2033 (USD Million) (Kilotons)
- 4.2. Colored
- 4.2.1. Market estimates and forecast, 2021 - 2033 (USD Million) (Kilotons)
Chapter 5. Recycled Polyethylene Terephthalate Market: End Use Outlook Estimates & Forecasts
- 5.1. Recycled Polyethylene Terephthalate Market: End Use Movement Analysis, 2025 & 2033
- 5.1.1. Fiber
- 5.1.1.1. Market estimates and forecast, 2021 - 2033 (USD Million) (Kilotons)
- 5.1.2. Sheet and Film
- 5.1.2.1. Market estimates and forecast, 2021 - 2033 (USD Million) (Kilotons)
- 5.1.3. Strapping
- 5.1.3.1. Market estimates and forecast, 2021 - 2033 (USD Million) (Kilotons)
- 5.1.4. Food & Beverage Containers and Bottles
- 5.1.4.1. Market estimates and forecast, 2021 - 2033 (USD Million) (Kilotons)
- 5.1.5. Non-Food Containers and Bottles
- 5.1.5.1. Market estimates and forecast, 2021 - 2033 (USD Million) (Kilotons)
- 5.1.6. Others
- 5.1.6.1. Market estimates and forecast, 2021 - 2033 (USD Million) (Kilotons)
Chapter 6. Recycled Polyethylene Terephthalate Market Regional Outlook Estimates & Forecasts
- 6.1. Regional Snapshot
- 6.2. Recycled Polyethylene Terephthalate Market: Regional Movement Analysis, 2025 & 2033
- 6.3. North America
- 6.3.1. Market estimates and forecast, 2021 - 2033 (USD Million) (Kilotons)
- 6.3.2. Market estimates and forecast, by end use, 2021 - 2033 (USD Million) (Kilotons)
- 6.3.3. Market estimates and forecast, by product, 2021 - 2033 (USD Million) (Kilotons)
- 6.3.4. U.S.
- 6.3.4.1. Market estimates and forecast, 2021 - 2033 (USD Million) (Kilotons)
- 6.3.4.2. Market estimates and forecast, by end use, 2021 - 2033 (USD Million) (Kilotons)
- 6.3.4.3. Market estimates and forecast, by product, 2021 - 2033 (USD Million) (Kilotons)
- 6.3.5. Canada
- 6.3.5.1. Market estimates and forecast, 2021 - 2033 (USD Million) (Kilotons)
- 6.3.5.2. Market estimates and forecast, by end use, 2021 - 2033 (USD Million) (Kilotons)
- 6.3.5.3. Market estimates and forecast, by product, 2021 - 2033 (USD Million) (Kilotons)
- 6.3.6. Mexico
- 6.3.6.1. Market estimates and forecast, 2021 - 2033 (USD Million) (Kilotons)
- 6.3.6.2. Market estimates and forecast, by end use, 2021 - 2033 (USD Million) (Kilotons)
- 6.3.6.3. Market estimates and forecast, by product, 2021 - 2033 (USD Million) (Kilotons)
- 6.4. Europe
- 6.4.1. Market estimates and forecast, 2021 - 2033 (USD Million) (Kilotons)
- 6.4.2. Market estimates and forecast, by end use, 2021 - 2033 (USD Million) (Kilotons)
- 6.4.3. Market estimates and forecast, by product, 2021 - 2033 (USD Million) (Kilotons)
- 6.4.4. UK
- 6.4.4.1. Market estimates and forecast, 2021 - 2033 (USD Million) (Kilotons)
- 6.4.4.2. Market estimates and forecast, by end use, 2021 - 2033 (USD Million) (Kilotons)
- 6.4.4.3. Market estimates and forecast, by product, 2021 - 2033 (USD Million) (Kilotons)
- 6.4.5. Germany
- 6.4.5.1. Market estimates and forecast, 2021 - 2033 (USD Million) (Kilotons)
- 6.4.5.2. Market estimates and forecast, by end use, 2021 - 2033 (USD Million) (Kilotons)
- 6.4.5.3. Market estimates and forecast, by product, 2021 - 2033 (USD Million) (Kilotons)
- 6.4.6. France
- 6.4.6.1. Market estimates and forecast, 2021 - 2033 (USD Million) (Kilotons)
- 6.4.6.2. Market estimates and forecast, by end use, 2021 - 2033 (USD Million) (Kilotons)
- 6.4.6.3. Market estimates and forecast, by product, 2021 - 2033 (USD Million) (Kilotons)
- 6.4.7. Italy
- 6.4.7.1. Market estimates and forecast, 2021 - 2033 (USD Million) (Kilotons)
- 6.4.7.2. Market estimates and forecast, by end use, 2021 - 2033 (USD Million) (Kilotons)
- 6.4.7.3. Market estimates and forecast, by product, 2021 - 2033 (USD Million) (Kilotons)
- 6.4.8. Spain
- 6.4.8.1. Market estimates and forecast, 2021 - 2033 (USD Million) (Kilotons)
- 6.4.8.2. Market estimates and forecast, by end use, 2021 - 2033 (USD Million) (Kilotons)
- 6.4.8.3. Market estimates and forecast, by product, 2021 - 2033 (USD Million) (Kilotons)
- 6.4.9. Sweden
- 6.4.9.1. Market estimates and forecast, 2021 - 2033 (USD Million) (Kilotons)
- 6.4.9.2. Market estimates and forecast, by end use, 2021 - 2033 (USD Million) (Kilotons)
- 6.4.9.3. Market estimates and forecast, by product, 2021 - 2033 (USD Million) (Kilotons)
- 6.4.10. Poland
- 6.4.10.1. Market estimates and forecast, 2021 - 2033 (USD Million) (Kilotons)
- 6.4.10.2. Market estimates and forecast, by end use, 2021 - 2033 (USD Million) (Kilotons)
- 6.4.10.3. Market estimates and forecast, by product, 2021 - 2033 (USD Million) (Kilotons)
- 6.5. Asia Pacific
- 6.5.1. Market estimates and forecast, 2021 - 2033 (USD Million) (Kilotons)
- 6.5.2. Market estimates and forecast, by end use, 2021 - 2033 (USD Million) (Kilotons)
- 6.5.3. Market estimates and forecast, by product, 2021 - 2033 (USD Million) (Kilotons)
- 6.5.4. China
- 6.5.4.1. Market estimates and forecast, 2021 - 2033 (USD Million) (Kilotons)
- 6.5.4.2. Market estimates and forecast, by end use, 2021 - 2033 (USD Million) (Kilotons)
- 6.5.4.3. Market estimates and forecast, by product, 2021 - 2033 (USD Million) (Kilotons)
- 6.5.5. India
- 6.5.5.1. Market estimates and forecast, 2021 - 2033 (USD Million) (Kilotons)
- 6.5.5.2. Market estimates and forecast, by end use, 2021 - 2033 (USD Million) (Kilotons)
- 6.5.5.3. Market estimates and forecast, by product, 2021 - 2033 (USD Million) (Kilotons)
- 6.5.6. Japan
- 6.5.6.1. Market estimates and forecast, 2021 - 2033 (USD Million) (Kilotons)
- 6.5.6.2. Market estimates and forecast, by end use, 2021 - 2033 (USD Million) (Kilotons)
- 6.5.6.3. Market estimates and forecast, by product, 2021 - 2033 (USD Million) (Kilotons)
- 6.5.7. South Korea
- 6.5.7.1. Market estimates and forecast, 2021 - 2033 (USD Million) (Kilotons)
- 6.5.7.2. Market estimates and forecast, by end use, 2021 - 2033 (USD Million) (Kilotons)
- 6.5.7.3. Market estimates and forecast, by product, 2021 - 2033 (USD Million) (Kilotons)
- 6.5.8. Australia
- 6.5.8.1. Market estimates and forecast, 2021 - 2033 (USD Million) (Kilotons)
- 6.5.8.2. Market estimates and forecast, by end use, 2021 - 2033 (USD Million) (Kilotons)
- 6.5.8.3. Market estimates and forecast, by product, 2021 - 2033 (USD Million) (Kilotons)
- 6.5.9. Malaysia
- 6.5.9.1. Market estimates and forecast, 2021 - 2033 (USD Million) (Kilotons)
- 6.5.9.2. Market estimates and forecast, by end use, 2021 - 2033 (USD Million) (Kilotons)
- 6.5.9.3. Market estimates and forecast, by product, 2021 - 2033 (USD Million) (Kilotons)
- 6.5.10. Singapore
- 6.5.10.1. Market estimates and forecast, 2021 - 2033 (USD Million) (Kilotons)
- 6.5.10.2. Market estimates and forecast, by end use, 2021 - 2033 (USD Million) (Kilotons)
- 6.5.10.3. Market estimates and forecast, by product, 2021 - 2033 (USD Million) (Kilotons)
- 6.5.11. Thailand
- 6.5.11.1. Market estimates and forecast, 2021 - 2033 (USD Million) (Kilotons)
- 6.5.11.2. Market estimates and forecast, by end use, 2021 - 2033 (USD Million) (Kilotons)
- 6.5.11.3. Market estimates and forecast, by product, 2021 - 2033 (USD Million) (Kilotons)
- 6.5.12. Vietnam
- 6.5.12.1. Market estimates and forecast, 2021 - 2033 (USD Million) (Kilotons)
- 6.5.12.2. Market estimates and forecast, by end use, 2021 - 2033 (USD Million) (Kilotons)
- 6.5.12.3. Market estimates and forecast, by product, 2021 - 2033 (USD Million) (Kilotons)
- 6.6. Latin America
- 6.6.1. Market estimates and forecast, 2021 - 2033 (USD Million) (Kilotons)
- 6.6.2. Market estimates and forecast, by end use, 2021 - 2033 (USD Million) (Kilotons)
- 6.6.3. Market estimates and forecast, by product, 2021 - 2033 (USD Million) (Kilotons)
- 6.6.4. Brazil
- 6.6.4.1. Market estimates and forecast, 2021 - 2033 (USD Million) (Kilotons)
- 6.6.4.2. Market estimates and forecast, by end use, 2021 - 2033 (USD Million) (Kilotons)
- 6.6.4.3. Market estimates and forecast, by product, 2021 - 2033 (USD Million) (Kilotons)
- 6.6.5. Argentina
- 6.6.5.1. Market estimates and forecast, 2021 - 2033 (USD Million) (Kilotons)
- 6.6.5.2. Market estimates and forecast, by end use, 2021 - 2033 (USD Million) (Kilotons)
- 6.6.5.3. Market estimates and forecast, by product, 2021 - 2033 (USD Million) (Kilotons)
- 6.7. Middle East & Africa
- 6.7.1. Market estimates and forecast, 2021 - 2033 (USD Million) (Kilotons)
- 6.7.2. Market estimates and forecast, by end use, 2021 - 2033 (USD Million) (Kilotons)
- 6.7.3. Market estimates and forecast, by product, 2021 - 2033 (USD Million) (Kilotons)
- 6.7.4. Saudi Arabia
- 6.7.4.1. Market estimates and forecast, 2021 - 2033 (USD Million) (Kilotons)
- 6.7.4.2. Market estimates and forecast, by end use, 2021 - 2033 (USD Million) (Kilotons)
- 6.7.4.3. Market estimates and forecast, by product, 2021 - 2033 (USD Million) (Kilotons)
- 6.7.5. South Africa
- 6.7.5.1. Market estimates and forecast, 2021 - 2033 (USD Million) (Kilotons)
- 6.7.5.2. Market estimates and forecast, by end use, 2021 - 2033 (USD Million) (Kilotons)
- 6.7.5.3. Market estimates and forecast, by product, 2021 - 2033 (USD Million) (Kilotons)
- 6.7.6. UAE
- 6.7.6.1. Market estimates and forecast, 2021 - 2033 (USD Million) (Kilotons)
- 6.7.6.2. Market estimates and forecast, by end use, 2021 - 2033 (USD Million) (Kilotons)
- 6.7.6.3. Market estimates and forecast, by product, 2021 - 2033 (USD Million) (Kilotons)
Chapter 7. Competitive Landscape
- 7.1. Recent Developments & Impact Analysis, By Key Market Participants
- 7.2. Vendor Landscape
- 7.2.1. Company categorization
- 7.2.2. List of Key Distributors and channel Partners
- 7.2.3. List of Potential Customers/End-users
- 7.3. Competitive Dynamics
- 7.3.1. Company Market Share Analysis & Market Positioning
- 7.3.2. Competitive Benchmarking
- 7.3.3. Strategy Mapping
- 7.3.4. Heat Map Analysis
- 7.4. Company Profiles/Listing
- 7.4.1. Placon
- 7.4.1.1. Participant's overview
- 7.4.1.2. Financial performance
- 7.4.1.3. Product benchmarking
- 7.4.2. Clear Path Recycling LLC
- 7.4.2.1. Participant's overview
- 7.4.2.2. Financial performance
- 7.4.2.3. Product benchmarking
- 7.4.3. Verdeco Recycling, Inc.
- 7.4.3.1. Participant's overview
- 7.4.3.2. Financial performance
- 7.4.3.3. Product benchmarking
- 7.4.4. Indorama Ventures Public Ltd.
- 7.4.4.1. Participant's overview
- 7.4.4.2. Financial performance
- 7.4.4.3. Product benchmarking
- 7.4.5. Zhejiang Anshun Pettechs Fibre Co., Ltd.
- 7.4.5.1. Participant's overview
- 7.4.5.2. Financial performance
- 7.4.5.3. Product benchmarking
- 7.4.6. PolyQuest
- 7.4.6.1. Participant's overview
- 7.4.6.2. Financial performance
- 7.4.6.3. Product benchmarking
- 7.4.7. Evergreen Plastics, Inc.
- 7.4.7.1. Participant's overview
- 7.4.7.2. Financial performance
- 7.4.7.3. Product benchmarking
- 7.4.8. Phoenix Technologies
- 7.4.8.1. Participant's overview
- 7.4.8.2. Financial performance
- 7.4.8.3. Product benchmarking
- 7.4.9. Libolon
- 7.4.9.1. Participant's overview
- 7.4.9.2. Financial performance
- 7.4.9.3. Product benchmarking
- 7.4.10. Biffa
- 7.4.10.1. Participant's overview
- 7.4.10.2. Financial performance
- 7.4.10.3. Product benchmarking