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May 2021 Report on Global Recycled Polyethylene Terephthalate Market Overview, Size, Share and Trends 2025

May 2021 Report on Global Recycled Polyethylene Terephthalate Market Overview, Size, Share and Trends 2025
Market Overview, Global Recycled Polyethylene Terephthalate Market was valued USD 7,092.12 Million in 2018 and is expected to exhibit a CAGR of around 8.5% during the forecast period. Recycled polyethylene terephthalate (RPET) is produced using post-consumer PET bottles and containers. RPET is used in fiber for carpets, clothes, upholstery, sweaters, fiber-fill for sleeping bags and cushions, and others; sheets and films; strapping; food-grade bottles and containers for packaged carbonated beverages, water, salad dressing, cooking oil, peanut butter, fruit, and condiments; non-food-grade bottles and containers for detergents and cosmetics; and others. The RPET offers similar performance to virgin PET., The key factors driving the market growth include the increasing use of RPET fiber, growing application in the packaging industry, and government initiatives promoting the use of RPET. Market Overview Market Dynamics Sources: MRFR Analysis Segmentation Regional Analysis Key Players

https://www.marketresearchfuture.com/reports/recycled-polyethylene-terephthalate-market-5812

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