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  Recycled Polyethylene Terephthalate Market Market Research Future (MRFR) analyzed the global recycled polyethylene terephthalate (RPET) market 2020 for the analysis period (between 2018 and 2023). By 2023, the global recycled polyethylene terephthalate (RPET) market is expected to register an 8.5% CAGR . MRFR findings reveal that the RPET market is likely to be worth USD 10,666.2 Mn by 2023 from USD 6,572.9 Mn in 2017 . The surge in demand for polyethylene terephthalate (PET) in the booming textile industry and the rise in the recycling rate of PET products in the fashion sector are identified as major growth inducers of the Recycled Polyethylene Terephthalate Market . In the food and beverage sector, a high consumer of RPET as a shift in consumption trend towards ready-to-eat is observed, and the ingression of PET solutions in the expanding packaging sector due to the rise in sales of packed food can improve the recycled polyethylene terephthalate market momentum. The expansion of

  Propylene Glycol Market  Propylene glycol (PG) is a synthetic organic molecule with the molecular formula C3H8O2 and the chemical formula C3H8O2. Propane-1,2-diol is another name for it. Propylene glycol is a transparent, odorless, viscous liquid with a mild sweet flavor. It’s hygroscopic, non-toxic, and has a wide range of solvency. Propylene glycol can be made from petroleum or bio-based materials. Synthetic propylene glycol is made by hydrating propylene oxide either catalytically or non-catalytically, whereas bio-based propylene glycol is made through hydrogenolysis of glycerin. There are two types of Propylene Glycol Market industrial grade and medicinal grade. The US Food and Drug Administration (FDA) has approved propylene glycol for use as a food additive under E-number E 1520, with a tight maximum limit of 1 g/kg in human meals. It’s utilized as a solvent, anti-freeze agent, flavor enhancer, thickening, emulsifier, humectant, clarifier, and stabilizer in food products such