Global Recycled Plastics Market worth $43.5 billion by 2026 - Exclusive Report by MarketsandMarkets™ The global recycled PET market size is estimated to grow from USD 8.9 billion in 2021 to USD 11.7 billion by 2026, at a CAGR of 5.7% during the forecast period. Thedriving factors for the recycled PET market is due to increasing emphasis on sustainability between the consumer and packaging products and increasing demand from the textile, food and beverage industry in emerging economies such as India, China, Thailand, Indonesia, countries in the Middle East, Brazil, and Argentina. Download PDF - https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=248965407 Bottles are the largest and the fastest-growing source of recycled plastics. Post-consumer PET bottles are the most used plastics for plastic recycling on account of their huge availability and technical feasibility to produce PET granules. Moreover, PET bottles have a better collection and sorting network. Get 10% Discount for Customized Report https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=248965407 Polyethylene Terephthalate (PET) was estimated to be the largest segment of the recycled plastics market, by type in 2029. PET plastics are 100% recyclable, easy to recycle, and have a lower cost, which makes them an attractive plastic material to recycle. PET is the largest recycled resin worldwide and will continue to be the most demanded recycled resin. Request for Sample Report https://www.marketsandmarkets.com/requestsampleNew.asp?id=248965407 APAC is the largest and market of recycled plastics, with China being the major emerging market. One of the major developments in the recycled plastics market was the ban on waste imports by China. This affected the dynamics of the recycled plastics market, whereby many developed countries were left to find new dumping pits for their growing piles of waste. Inquiry Before Buying https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=248965407 About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
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