Global Food Grade rPET Pellet market cagr 15.5%

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Food Grade rPET Pellet Market

Food Grade rPET Pellet Market Scope: Industry

Analysis, Market Size, Growth, Trends Till 2031

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Food Grade rPET Pellet Market Size and Growth

The Food Grade rPET Pellet market is experiencing robust growth due to rising sustainability demands and increasing applications in food packaging. The market size is projected to reach approximately $1.2 billion by 2028, driven by stringent regulatory frameworks and consumer preferences for recycled materials, enhancing industry innovation and investment opportunities.

Companies Covered

(Covid 19 Impact Covered)

◍ Indorama Ventures

◍ Clean Tech

◍ Evergreen

◍ Marglen Industries

◍ Viridor

◍ Polymetrix

◍ Phoenix Technologies

◍ Incom Resources Recovery (Tianjin)

◍ Extrupet

◍ Bantam Materials

The Food Grade rPET Pellet Market features players like Indorama Ventures, Clean Tech, Evergreen, and others. These companies recycle PET into high-quality pellets for food packaging, driving sustainability. Their innovative processes and capacity expansions enhance market growth, addressing eco-conscious consumer demand. Specific sales figures are proprietary to each firm and not publicly disclosed.

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Market Segmentation

By Application

Fiber

Plastic

Others

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By Product

Clear Pellet

White Pellet

Market Growth

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$ X Billion USD

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