재활용 PET 시장 예측(-2028년) - 색상(투명, 컬러), 제품(PET 스테이플 섬유, PET 스트랩, PET 시트/필름, PET 수지, PET 플레이크), 용도, 최종사용자, 지역별 세계 분석

According to Stratistics MRC, the Global Recyclate PET Market is accounted for $10.09 billion in 2022 and is expected to reach $15.49 billion by 2028 growing at a CAGR of 7.4% during the forecast period. Recyclate polyethylene terephthalate is a polymer that can be recycled and is used to make food jars, water bottles, and soda bottles. Plastics that were once utilized as packaging materials are recycled to produce recycled PET. After being gathered, it is cleaned and processed before being converted into rPET, which may subsequently be applied to fresh packaging. This flexible substance is completely different from throwaway "single-use" plastics in that it is the only plastic that can be 100% recycled in closed loop, bottle-to-bottle recycling. Recyclate PET provides surpassing comfort, performance, and toughness while being completely sustainable.

According to the U.S. Environmental Protection Agency, the world produces approximately 330 million tons of plastic waste each year. To date, only 9% of the plastic waste ever generated has been recycled, and only 14% is collected for recycling presently.

Market Dynamics:

Driver:

Increasing demand from the food & beverage industry

Unlike most typical packaging films, recycled PET may be produced and utilized across a larger temperature range (-70 to +150°C) because of its great thermal qualities. It is perfect for 'boil in the bag' applications, dual ovenable lidding, and retort packing. Numerous significant international beverage and fast-moving consumer goods firms have made a commitment to using at least 50% recycled plastic in their packaging. As a result, several RPET converters have seen this as an opportunity to increase their manufacturing capabilities for food-grade RPET both locally and internationally.

Restraint:

Strict government regulations

As plastic does not breakdown in soil, governments everywhere have enacted severe laws on it. Several industrialized nations such as North America and Europe, approved plastic prohibition proposals. According to Canadian government data, just 14% of plastic garbage is collected for recycling, while 87% of it ends up in landfills. The severe laws and standards are put in place as a result of inadequate management of facilities in many countries. Demand on the market is being hampered by a lack of the necessary recycling infrastructure.

Opportunity:

Growing eco-friendly packaging solutions

Growing environmental concerns have raised demand for sustainable and eco-friendly packaging options, including recycled plastic. Manufacturers of packaging are concentrating on creating recyclable and reusable sustainable packaging materials. Leading companies are investing in R&D projects and technology to provide economical, environmentally friendly packaging solutions that don't sacrifice protection. In accordance with estimates, such activities will present chances for market expansion.

Threat:

High cost of recycled plastics

PET is the recycled version of plastic. Petrochemicals, such as oil and natural gas, are the main raw resources needed to make virgin plastics. While making plastic goods, a number of additives, including fillers and colorants, are added. In contrast to the low-cost production of new plastic items from petrochemicals, sorting and separating plastic is a very labor-intensive and expensive process. Making plastic goods from recycled flakes was less expensive than utilizing virgin plastic, which is produced using fossil fuels. These variables lead to price fluctuations in RPET, which impede market expansion.

COVID-19 Impact:

The covid epidemic caused a modest slowdown in the growth pace of the recycling PET market. There are several significant Tier I and II providers in the global market for recycled PET. The production locations of these suppliers are dispersed over a number of nations in Asia Pacific, Europe, North America, and the rest of the world. The COVID-19 epidemic has slowed down plastic recycling, which has caused manufacturing to be hampered in some producing nations. Due to operations slowing down in several production facilities, all these factors have caused disruptions in the supply chain of the market for recycled PET.

The clear segment is expected to be the largest during the forecast period

The clear segment is estimated to have a lucrative growth, due to its widespread use in food and non-food applications and the cheap processing costs associated with it. Clear rPET goods make it easier to spot product variations such as colour changes, fungus development and chemical reactions brought on by poor storage conditions. The segment's demand is being fuelled by elements including its strength, light weight, non-reactive and shatterproof qualities.

The fiber segment is expected to have the highest CAGR during the forecast period

The fiber segment is anticipated to witness the fastest CAGR growth during the forecast period, due to its high applications. Fiber is having huge demand from the FMCG, consumer goods, automobiles, clothing and accessories, textile, telecom and home furnishing sectors. It is primarily employed in the manufacture of mattresses, pillows, vehicle seats and even insulation items. Favourable government laws and the cheap cost of apparel manufacture are accelerating the segment's growth.

Region with largest share:

Asia Pacific is projected to hold the largest market share during the forecast period. This area provides simple access to land as well as a sizable pool of inexpensively available skilled workers. It is anticipated that the change in the manufacturing environment toward developing economies, notably China and India, will favourably impact market expansion. The primary elements driving the demand are the rising needs for both food and non-food bottles across a wide range of end-use sectors.

Region with highest CAGR:

Europe is projected to have the highest CAGR over the forecast period. Demand for food-grade rPET is increasing as Food Contact Materials (FCMs) are being used more often. Growth potential in the region have been made possible by investments made in recycling facilities and projects to improve brand image by certain big corporations in the region's nations. One of the main factors influencing market expansion in the area is the strict laws on greater usage of recycled plastic and the robust recycling infrastructure for sustainable and creative packaging.

Key players in the market:

Some of the key players profiled in the Recyclate PET Market include Amcor Ltd, PLACON, Clear Path Recycling LLC, Verdeco Recycling Inc., Indorama Ventures Public Ltd., Zhejiang Anshun Pettechs Fibre Co. Ltd., PolyQuest, Evergreen Plastics Inc., Phoenix Technologies, Libolon, Biffa, M&G Chemicals, Lotte Chemicals, Avery Dennison Corporation, Portage Plastics, Marglen Industries, Bantam Materials, Peninsula Plastics Recycling, Dufor and Unifi.

Key Developments:

In March 2023, Lotte Chemicals signed a memorandum of understanding (MOU) with OCI for the supply of low-carbon and green ammonia, which are ideal products to decarbonise the chemical value chain and the power sector.

In May 2022, Amcor Rigid Packaging (ARP), Ann Arbor. MI, and Danone, Paris, launched a fully recyclable, label free RPET bottle for Villavicencio water brand of Danone in Argentina. The 1.5-liter 100% RPET bottle offers 21% less carbon footprint than the previous bottle.

In November 2020, Amcor announced the development of the lightest 900-ml Polyethylene Terephthalate (PET) bottle for edible oil in Brazil. The custom-designed bottle for agribusiness and food producer Bunge in Sao Paulo is 22 percent lighter than other bottles while offering great sustainability benefits.

Colours Covered:

• Clear
• Coloured

Products Covered:

• PET Staple Fibers
• PET Straps
• PET Sheets/Films
• PET Resins
• PET Flakes

Applications Covered:

• Fiber
• Food & Beverage Containers
• Non-Food Bottles
• Sheets & Films
• Strapping
• Industrial Yarn
• Mono-filaments
• Building Materials
• Other Applications

End Users Covered:

• Packaging
• Non-Packaging

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Product Analysis
• 3.7 Application Analysis
• 3.8 End User Analysis
• 3.9 Emerging Markets
• 3.10 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Recyclate PET Market, By Colour

• 5.1 Introduction
• 5.2 Clear
• 5.3 Coloured

6 Global Recyclate PET Market, By Product

• 6.1 Introduction
• 6.2 PET Staple Fibers
• 6.3 PET Straps
• 6.4 PET Sheets/Films
• 6.5 PET Resins
• 6.6 PET Flakes

7 Global Recyclate PET Market, By Application

• 7.1 Introduction
• 7.2 Fiber
• 7.3 Food & Beverage Containers
• 7.4 Non-Food Bottles
• 7.5 Sheets & Films
• 7.6 Strapping
• 7.7 Industrial Yarn
• 7.8 Mono-filaments
• 7.9 Building Materials
• 7.10 Other Applications

8 Global Recyclate PET Market, By End User

• 8.1 Introduction
• 8.2 Packaging
• 8.3 Non-Packaging

9 Global Recyclate PET Market, By Geography

• 9.1 Introduction
• 9.2 North America
  • 9.2.1 US
  • 9.2.2 Canada
  • 9.2.3 Mexico
• 9.3 Europe
  • 9.3.1 Germany
  • 9.3.2 UK
  • 9.3.3 Italy
  • 9.3.4 France
  • 9.3.5 Spain
  • 9.3.6 Rest of Europe
• 9.4 Asia Pacific
  • 9.4.1 Japan
  • 9.4.2 China
  • 9.4.3 India
  • 9.4.4 Australia
  • 9.4.5 New Zealand
  • 9.4.6 South Korea
  • 9.4.7 Rest of Asia Pacific
• 9.5 South America
  • 9.5.1 Argentina
  • 9.5.2 Brazil
  • 9.5.3 Chile
  • 9.5.4 Rest of South America
• 9.6 Middle East & Africa
  • 9.6.1 Saudi Arabia
  • 9.6.2 UAE
  • 9.6.3 Qatar
  • 9.6.4 South Africa
  • 9.6.5 Rest of Middle East & Africa

10 Key Developments

• 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 10.2 Acquisitions & Mergers
• 10.3 New Product Launch
• 10.4 Expansions
• 10.5 Other Key Strategies

11 Company Profiling

• 11.1 Amcor Ltd
• 11.2 PLACON
• 11.3 Clear Path Recycling LLC
• 11.4 Verdeco Recycling Inc.
• 11.5 Indorama Ventures Public Ltd.
• 11.6 Zhejiang Anshun Pettechs Fibre Co. Ltd.
• 11.7 PolyQuest
• 11.8 Evergreen Plastics Inc.
• 11.9 Phoenix Technologies
• 11.10 Libolon
• 11.11 Biffa
• 11.12 M&G Chemicals
• 11.13 Lotte Chemicals
• 11.14 Avery Dennison Corporation
• 11.15 Portage Plastics
• 11.16 Marglen Industries
• 11.17 Bantam Materials
• 11.18 Peninsula Plastics Recycling
• 11.19 Dufor
• 11.20 Unifi