Recycled Polyethylene Terephthalate Industry The global recycled polyethylene terephthalate market was valued at approximately USD 10.8 billion in 2023 and is forecasted to expand at a compound annual growth rate (CAGR) of 8.5% over the period from 2024 to 2030. This expected market growth can largely be credited to the increasing implementation of sustainability initiatives by companies...

According to a recent report by Grand View Research, Inc., the global recycled polyethylene terephthalate (rPET) market is projected to reach USD 18.8 billion by the year 2030. This growth is expected to occur at a compound annual growth rate (CAGR) of 8.5% over the forecast period from 2024 to 2030. A major factor fueling this growth is the increasing implementation of sustainability...