Recycled PET Market Growth Trends and Future Opportunities
The global recycled PET (r-PET) market is set to surge from US$13,115.2 Mn in 2025 to US$23,821.6 Mn by 2032, growing at an 8.9% CAGR. Key drivers include rising demand in packaging, textiles, and automotive sectors. With Asia Pacific leading at 45% market share and Europe showing strong growth, innovations in recycling tech and brand sustainability efforts are pushing the market forward. However, infrastructure challenges persist, highlighting opportunities in strategic alliances and advanced recycling solutions.