UK Recycled Polyethylene Terephthalate Market Size & Outlook
UK recycled polyethylene terephthalate market, 2018-2030 (US$M)
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UK recycled polyethylene terephthalate market highlights
- The UK recycled polyethylene terephthalate market generated a revenue of USD 202.1 million in 2023 and is expected to reach USD 280.9 million by 2030.
- The UK market is expected to grow at a CAGR of 4.8% from 2024 to 2030.
- In terms of segment, packaging was the largest revenue generating application in 2023.
- Building & Construction is the most lucrative application segment registering the fastest growth during the forecast period.
Recycled polyethylene terephthalate market data book summary
| Market revenue in 2023 | USD 202.1 million |
| Market revenue in 2030 | USD 280.9 million |
| Growth rate | 4.8% (CAGR from 2023 to 2030) |
| Largest segment | Packaging |
| Fastest growing segment | Building & Construction |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Building & Construction, Packaging, Electrical & Electronics, Textiles, Automotive |
| Key market players worldwide | PLACON, Indorama Ventures PCL ADR, Biffa, Verdeco Recycling, Polyquest, Phoenix Technologies, Libolon |
Other key industry trends
- In terms of revenue, UK accounted for 3.7% of the global recycled polyethylene terephthalate market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany recycled polyethylene terephthalate market is projected to lead the regional market in terms of revenue in 2030.
- Netherlands is the fastest growing regional market in Europe and is projected to reach USD 89.9 million by 2030.
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Recycled Polyethylene Terephthalate Market Scope
Recycled Polyethylene Terephthalate Market Companies
| Name | Profile | # Employees | HQ | Website |
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UK 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 32.9% in 2023. Horizon Databook has segmented the UK 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.
During the global COVID-19 pandemic, the demand for packaged food products as well as single-use plastic products such as disposable masks, gloves, and personal protective suits has increased. Moreover, a slowdown in recycling, owing to the lockdown, is adding to the increased plastic waste exports and landfill dumps.
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Target buyers of UK 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 country-level data and insights on the UK recycled polyethylene terephthalate market , including forecasts for subscribers. This country databook contains high-level insights into UK recycled polyethylene terephthalate market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK recycled polyethylene terephthalate market size, by application, 2018-2030 (US$M)
UK Recycled Polyethylene Terephthalate Market Outlook Share, 2023 & 2030 (US$M)
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