Recycled PET Market Forecast to Hit US$17.4 Billion by 2031 as...

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2025-09-22 06:19:02

Recycled PET Market Forecast to Hit US$17.4 Billion by 2031 as Sustainability Becomes a Global Priority

The demand for recycled polyethylene terephthalate (rPET) is accelerating worldwide as industries shift to greener materials and governments push for stronger recycling mandates. According to a new study by DataM Intelligence, the global rPET market, worth US$10.5 billion in 2023, is set to grow to US$17.4 billion by 2031, achieving a CAGR of 6.5% during 2024–2031. Factors Driving Market...

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