Recycled PET Market Anticipated to Reach US$17.4 Billion by 2031 as...

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2025-09-22 05:46:05

Recycled PET Market Anticipated to Reach US$17.4 Billion by 2031 as Global Brands Push Sustainability Goals

The global recycled polyethylene terephthalate (rPET) market is gaining strong momentum as industries adopt eco-friendly materials to reduce plastic waste and meet sustainability commitments. A new report by DataM Intelligence shows that the market, valued at US$10.5 billion in 2023, is projected to hit US$17.4 billion by 2031, growing at a steady CAGR of 6.5% between 2024 and 2031. Key Market...

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