Argentina Recycled Pet Flakes Market Size & Outlook
Argentina recycled pet flakes market, 2018-2030 (US$M)
Related Markets
Argentina recycled pet flakes market highlights
- The Argentina recycled pet flakes market generated a revenue of USD 503.4 million in 2023 and is expected to reach USD 1,092.2 million by 2030.
- The Argentina market is expected to grow at a CAGR of 11.7% from 2024 to 2030.
- In terms of segment, clear was the largest revenue generating product in 2023.
- Clear is the most lucrative product segment registering the fastest growth during the forecast period.
Recycled pet flakes market data book summary
| Market revenue in 2023 | USD 503.4 million |
| Market revenue in 2030 | USD 1,092.2 million |
| Growth rate | 11.7% (CAGR from 2023 to 2030) |
| Largest segment | Clear |
| Fastest growing segment | Clear |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Clear, Colored |
| Key market players worldwide | Indorama Ventures PCL ADR, Biffa, Tomra Systems ASA, Verdeco Recycling, Polyquest, Veolia, Pashupati Cotspin, AlEn USA |
Other key industry trends
- In terms of revenue, Argentina accounted for 5.0% of the global recycled pet flakes market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Argentina recycled pet flakes market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 1,092.2 million by 2030.
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Recycled PET Flakes Market Scope
Recycled PET Flakes Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina recycled pet flakes market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to recycled pet flakes market will help companies and investors design strategic landscapes.
Clear was the largest segment with a revenue share of 69.29% in 2023. Horizon Databook has segmented the Argentina recycled pet flakes market based on clear, colored covering the revenue growth of each sub-segment from 2018 to 2030.
Argentina is among the leading economies of Central & South America. Growing inter-industry trading relationships of the country with China and India are anticipated to fuel the growth of recycled polyethylene terephthalate (rPET) flake manufacturers in the country.
The market for these flakes has significant growth potential in Argentina as the country offers increased opportunities for investors aiming to enhance domestic production and establish recycling facilities.
The country is characterized by the presence of an excellent industrial base, coupled with abundant availability of shale resources, which can be optimized for enhancing the growth of the plastics industry in Argentina. This, in turn, is anticipated to lead to the revitalization of the plastic recycling facilities of the country in the coming years.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina recycled pet flakes market , including forecasts for subscribers. This country databook contains high-level insights into Argentina recycled pet flakes market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina recycled pet flakes market size, by product, 2018-2030 (US$M)
Argentina Recycled PET Flakes Market Outlook Share, 2023 & 2030 (US$M)
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