Global Recycled Polyethylene Terephthalate Market Size & Outlook
Global recycled polyethylene terephthalate market, 2018-2030 (US$M)
Related Markets
Global recycled polyethylene terephthalate market highlights
- The global recycled polyethylene terephthalate market generated a revenue of USD 5,407.0 million in 2023 and is expected to reach USD 7,658.7 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 5.1% by 2030.
- In terms of segment, packaging accounted for a revenue of USD 1,861.0 million in 2023.
- Building & Construction is the most lucrative application segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, UAE is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 5,407.0 million |
| Market revenue in 2030 | USD 7,658.7 million |
| Growth rate | 5.1% (CAGR from 2023 to 2030) |
| Largest segment | Packaging |
| Fastest growing segment | Building & Construction |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Building & Construction, Packaging, Electrical & Electronics, Textiles, Automotive |
Other key industry trends
- In terms of revenue, the North America accounted for 18.4% of the global recycled polyethylene terephthalate market in 2023.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, UAE is the fastest growing regional market and is projected to reach USD 138.6 million by 2030.
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Recycled Polyethylene Terephthalate Market Scope
Recycled Polyethylene Terephthalate Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global recycled polyethylene terephthalate 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 polyethylene terephthalate market will help companies and investors design strategic landscapes.
Packaging was the largest segment with a revenue share of 34.42% in 2023. Horizon Databook has segmented the Global recycled polyethylene terephthalate market based on building & construction, packaging, electrical & electronics, textiles, automotive covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Recycled Polyethylene Terephthalate Application Outlook (Revenue, USD Million, 2018-2030)
- Building & Construction
- Packaging
- Electrical & Electronics
- Textiles
- Automotive
- Others
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Target buyers of Global recycled polyethylene terephthalate market databook
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Our clientele includes a mix of recycled polyethylene terephthalate market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global recycled polyethylene terephthalate market , including forecasts for subscribers. This global databook contains high-level insights into Global recycled polyethylene terephthalate market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global recycled polyethylene terephthalate market size, by regions, 2018-2030 (US$M)
Top 10 countries: Recycled polyethylene terephthalate market size, 2023 (US$M)
Global recycled polyethylene terephthalate market share, by application, 2023 & 2030 (%, US$M)
Recycled polyethylene terephthalate market: Opportunity assessment by country
Global recycled polyethylene terephthalate market, by region, 2023 (US$M)
| Application | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 831.0 | 862.9 | 909.1 | 926.6 | 957.7 | 993.8 | 1,035.4 | 1,082.0 | 1,133.0 | 1,192.1 | 1,249.4 | 1,314.3 | 1,380.9 | 4.8% |
| Europe | 953.7 | 994.3 | 1,051.9 | 1,076.5 | 1,117.3 | 1,164.1 | 1,217.8 | 1,277.9 | 1,343.6 | 1,419.6 | 1,494.0 | 1,578.2 | 1,665.0 | 5.3% |
| Asia Pacific | 1,994.3 | 2,079.7 | 2,200.4 | 2,252.4 | 2,337.9 | 2,436.4 | 2,549.2 | 2,675.4 | 2,813.4 | 2,973.0 | 3,129.3 | 3,306.2 | 3,488.6 | 5.3% |
| Latin America | 204.7 | 216.4 | 232.1 | 240.7 | 253.1 | 267.1 | 283.0 | 300.7 | 320.1 | 342.3 | 364.5 | 389.7 | 415.9 | 6.5% |
| MEA | 476.8 | 490.9 | 512.7 | 518.0 | 530.6 | 545.6 | 563.2 | 583.0 | 604.7 | 630.1 | 654.0 | 681.2 | 708.4 | 3.8% |
| Overall | 4,460.5 | 4,644.2 | 4,906.0 | 5,014.2 | 5,196.6 | 5,407.0 | 5,648.6 | 5,919.0 | 6,214.8 | 6,557.0 | 6,891.1 | 7,269.6 | 7,658.7 | 5.1% |
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