Recycled Polyethylene Terephthalate Market Research Report—Global Forecast till 2028

Global Recycled Polyethylene Terephthalate Market: Information by Type (Clear, and Colored), Application (Fiber, Sheet & Film, Strapping, Food Grade Bottles & Containers, Non-Food Grade – Bottles & Containers, and Others), and Region (North America, Europe, Asia-Pacific, Latin America, andthe Middle East & Africa)—Forecast till 2028

ID: MRFR/CnM/4356-CR | February 2021 | Region: Global | 180 pages

Impact of Covid-19 Outbreak on Recycled Polyethylene Terephthalate Market


Recycled Polyethylene Terephthalate (RPET) is a highly recyclable plastic and is one of the most widely used recycled plastic across the globe. RPET is used for various applications such as fiber for carpets, clothes, upholstery, sweaters, fiber-fill for sleeping bags and cushions, Sheet and film, automotive parts. However, one of the key growing application of RPET is in food packaging application and food grade bottles and containers. The demand for RPET is supported by the fact that RPET offers similar performance to virgin PET. Robust demand for RPET is expected for food and beverage packaging applications across the globe.


The outbreak of COVID-19 across the globe has jolted the operations throughout the value chain of the recycled polymer industry. Further, the COVID-19 had a major impact on petrochemical industry, hindering the global supply chain, change in the downstream demand, reduction in long-term investments. Furthermore, the crude demand and supply plunged leading to the volatility in the crude oil prices. This has severely impacted the virgin plastic prices which pose stuff competition to the recycled polyethylene terephthalate. Moreover, one of the key effects observed is reduced collection rates, leading to shortage of the raw material. The demand for recycled polyethylene terephthalate is expected to reduce for the non-food grade application in the near future. While the demand for recycled polyethylene terephthalate is set to surge for packaged food and water application amidst the COVID-19 outbreak.


Asia-Pacific lead by China, India, Japan, and Indonesia is the largest market for RPET across the globe. The outbreak of COVID-19 had disrupted the trade and major economic activities during the first quarter of 2020. For instance, according to the National Bureau of Statistics of China, China’s industrial output dropped by 14% in the first two months of 2020 as compared to the same duration in 2019. The chemical manufacturing output in China also slumped by 21% during the same period. However, the economic activities in the Asian countries such as China and India are the picking up the pace with cautiously relax measures. Europe is the second-largest market for recycled polyethylene terephthalate with Germany, Russia, the UK, and Italy being the major consumer in 2019. However, the outbreak of COVID-19 and lockdowns in the European countries has disrupted the supply chains and recycled polyethylene terephthalate. The concerns over the long-term impact of COVID-19 outbreak on the European recycled polyethylene terephthalate market sharply escalated in the recent past. However, the recycled polyethylene terephthalate market is expected to gain benefit from changing consumer behaviour such as increasing demand for packaged food and bottled water.


Albeit, COVID-19 has disrupted the supply chain, the recycled polyethylene terephthalate market is not much affected.
affected

TABLE OF CONTENTS

1. EXECUTIVE SUMMARY

1.1. Market Attractiveness Analysis

1.1.1. Global Recycled Polyethylene Terephthalate Market, by Type

1.1.2. Global Recycled Polyethylene Terephthalate Market, by Application Industry

1.1.3. Global Recycled Polyethylene Terephthalate Market, by Region

2. MARKET INTRODUCTION

2.1. Definition

2.2. Scope of the Study

2.3. Assumptions & Limitations

2.4. Market Structure

3. RESEARCH METHODOLOGY

3.1. Research Process

3.2. Primary Research

3.3. Secondary Research

3.4. Market Size Estimation

3.5. Forecast Model

3.6. List of Assumptions

4. MARKET DYNAMICS

4.1. Introduction

4.2. Drivers

4.2.1. Increasing use of RPET fibers

4.2.2. Extensive use of RPET in packaging

4.2.3. Growing number of government initiatives

4.2.4. Drivers Impact Analysis

4.3. Restraints

4.3.1. Challenges in the recycling of PET

4.3.2. Restraints Impact Analysis

4.4. Opportunities

4.4.1. Increasing use of RPET in concrete formation and road construction

4.4.2. Use of RPET nanofibers for water filtration

4.4.3. Establishment of organized recycling channels

4.5. Trends

4.5.1. Energy recovery from plastic waste

5. MARKET FACTOR ANALYSIS

5.1. Value Chain Analysis/Supply Chain Analysis

5.1.1. Raw Material Suppliers

5.1.2. Recycled Polyethylene Terephthalate Manufacturers

5.1.3. Distribution & Sales Channel

5.1.4. Application

5.2. Porter’s Five Forces Model

5.2.1. Bargaining Power of Suppliers

5.2.2. Bargaining Power of Buyers

5.2.3. Threat of New Entrants

5.2.4. Threat of Substitutes

5.2.5. Intensity of Rivalry

5.3. Pricing Overview, By Region (USD/Ton)

5.4. Regulations

5.5. Impact of COVID–19 on Global Recycled Polyethylene Terephthalate Market

5.5.1. Impact on Supply of Recycled Polyethylene Terephthalate

5.5.1.1. Impact on Raw Material Supplier

5.5.1.2. Impact on Manufacturers

5.5.1.3. Impact on Sales & Distribution

5.5.2. Impact on Demand from Application Industries

6. GLOBAL RECYCLED POLYETHYLENE TEREPHTHALATE MARKET, BY TYPE (VALUE) (VOLUME)

6.1. Introduction

6.2. Clear

6.2.1. Market Estimates & Forecast, By Region/Country, 2019-2028

6.3. Colored

6.3.1. Market Estimates & Forecast, By Region/Country, 2019-2028

7. GLOBAL RECYCLED POLYETHYLENE TEREPHTHALATE MARKET, BY APPLICATION INDUSTRY(VALUE) (VOLUME)

7.1. Introduction

7.2. Fiber

7.2.1. Market Estimates & Forecast, By Region/Country, 2019-2028

7.3. Sheet & Film

7.3.1. Market Estimates & Forecast, By Region/Country, 2019-2028

7.4. Strapping

7.4.1. Market Estimates & Forecast, By Region/Country, 2019-2028

7.5. Food Grade Bottles & Containers

7.5.1. Market Estimates & Forecast, By Region/Country, 2019-2028

7.6. Non-Food Grade - Bottles & Containers

7.6.1. Market Estimates & Forecast, By Region/Country, 2019-2028

7.7. Others

7.7.1. Market Estimates & Forecast, By Region/Country, 2019-2028

8. GLOBAL RECYCLED POLYETHYLENE TEREPHTHALATE MARKET, BY REGION(VALUE) (VOLUME)

8.1. Introduction

8.2. North America

8.2.1. US

8.2.2. Canada

8.3. Europe

8.3.1. Germany

8.3.2. UK

8.3.3. France

8.3.4. Russia

8.3.5. Spain

8.3.6. Italy

8.3.7. Rest of Europe

8.4. Asia Pacific

8.4.1. China

8.4.2. Japan

8.4.3. India

8.4.4. South Korea

8.4.5. Australia & New Zealand

8.4.6. Rest of Asia Pacific

8.5. Latin America

8.5.1. Brazil

8.5.2. Mexico

8.5.3. Argentina

8.5.4. Rest of Latin America

8.6. Middle East & Africa

8.6.1. Turkey

8.6.2. South Africa

8.6.3. GCC Countries

8.6.4. Rest of Middle East & Africa

9. COMPETITIVE LANDSCAPE

9.1. Market Introduction

9.2. Recent Developments, Mergers/Acquisitions

9.3. Global Market Strategy Analysis

9.4. Competitive Benchmarking

9.5. List of Potential Buyers

10. COMPANY PROFILES

10.1. Placon

10.1.1. Company Overview

10.1.1.1. Company Introduction

10.1.1.2. Established Year and Headquarter

10.1.1.3. Operations Overview

10.1.1.4. Company Presence

10.1.2. Financial Overview

10.1.2.1. Sales/Revenue

10.1.2.2. Business Segment Sales Share

10.1.2.3. Geography Sales Share

10.1.3. Product Offering

10.1.3.1. Product & Brand List

10.1.4. Key Developments

10.1.4.1. (Mergers/Acquisitions, Expansion, Investment, Partnership, Collaboration, New Product Launch, etc.)

10.1.5. SWOT Analysis

10.1.5.1. Impactful points focused company business.

10.1.6. Key Strategies

10.2. Clear Path Recycling

10.3. Verdeco Recycling Inc.

10.4. Indorama Ventures Public Company Limited

10.5. Zhejiang Anshun Pettechs Fiber Co., Ltd.

10.6. Polyquest

10.7. Evergreen Plastics

10.8. Montello S.p.A

10.9. Phoenix Technologies

10.10. M&G Chemicals

10.11. LIBOLON

11. APPENDIX

11.1. References

11.2. Related Reports

NOTE:

This table of content is tentative and subject to change as the research progresses.

 In section 11, each company will be profiled based on the Market Overview, Financials, Application Portfolio, Business Strategies, and Recent Developments parameters.

 Please note: The financial details of the company cannot be provided if the information is not available in the public domain and or from reliable sources.