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Recycled Polyethylene Terephthalate Market — Segmental Analysis: The Recycled Polyethylene Terephthalate Market Share is projected to register a CAGR of over 7.6% to reach USD 13,941.16 million by the end of 2028. By application, the market is based on fiber, sheet film, strapping, food-grade bottles containers, non-food-grade bottles containers, and others. The fiber segment accounts for the maximum share of the market and is expected to exhibit healthy growth over the next few years. Its growth can be ascribed to the extensive use of polyester fiber in textile manufacturing. The demand for RPET fiber in the textile industry is anticipated to witness an upsurge as it shows no qualitative degradation after several recycling sessions. The growth of the textile industry is poised to boost the expansion of the recycled polyethylene terephthalate market through the review period. Additionally, the extensive use of RPET in the food-beverage sector for packaging has intensified market pr...

  Recycled Polyethylene Terephthalate Market — Segmental Analysis: The Recycled Polyethylene Terephthalate Market Share is projected to register a CAGR of over 7.6% to reach USD 13,941.16 million by the end of 2028. By application, the market is based on fiber, sheet film, strapping, food-grade bottles containers, non-food-grade bottles containers, and others. The fiber segment accounts for the maximum share of the market and is expected to exhibit healthy growth over the next few years. Its growth can be ascribed to the extensive use of polyester fiber in textile manufacturing. Market Overview Market Research Future (MRFR)’s latest study reveals that the global recycled polyethylene terephthalate (RPET) market is poised to register a CAGR of 8.5% during the forecast period 2018 to 2023. In terms of revenue, the market is projected to grow from USD 6,572.9 Mn in 2017 to USD 10,666.2 Mn by 2023-end. The growth of the market is highly dependent on the polyethylene terephthalate (PET...