The global Recycled PET market is likely to showcase a growth of around 7% during the forecast period. This can be ascribed to the increasing government and companies’ initiatives to increase the use of secondary plastic. Moreover, growing awareness among the consumer regarding the environmental effect of discarding the plastic waste is promoting the adoption of sustainable products,...

According to a new report by UnivDatos, The Recycled PET Market was valued at approximately USD 10 Billion in 2023 and is expected to grow at a robust CAGR of around 6.5% during the forecast period (2024-2032). Introduction Polyethylene Terephthalate (PET) is one of the most recognizable Global Plastics which is extensively used for packaging, textile, and consumer products. However, recycling...