The global PET Plastic Recycling market size was valued at US$ 15790 million in 2024 and is forecast to a readjusted size of USD 21140 million by 2031 with a CAGR of 4.3% during review period.
PET plastic recycling refers to the process of collecting, purifying, processing and reusing discarded PET plastic materials. PET (Polyethylene Terephthalate) is a thermoplastic plastic that is widely used in packaging, textiles, construction and other fields due to its excellent physical properties, chemical stability and transparency. However, improper use and disposal of PET plastics have also caused serious environmental pollution and great waste of resources, so PET plastic recycling has become an important environmental protection measure.
Market drivers
Corporate sustainability goals:
In response to global environmental initiatives and sustainable development goals, companies have set individual voluntary goals to increase recycled content in plastic packaging and products. These goals are usually set between 10% and 50%, driving global demand for recycled PET plastics.
Legislative push:
Governments have introduced relevant regulations and policies to promote the recycling and reuse of PET plastics. For example, Europe has set a series of goals for plastic waste collection and recycling, requiring a mandatory recycled content target of 25% in PET bottles by 2025 and a recycling target of 30% in all plastic bottles by 2030. In the United States, some states have also passed minimum recycled content regulations.
Enhanced environmental awareness:
As people's environmental awareness continues to improve, consumers are increasingly inclined to buy products containing recycled content, which has driven the market demand for recycled PET plastics.
Economic benefits:
The production of recycled PET plastics has lower energy consumption and carbon emissions than virgin PET plastics, which brings economic benefits to companies. At the same time, recycling PET plastics can also reduce the demand for new plastic raw materials and reduce production costs.
Technological progress:
With the advancement of recycling technology, the recycling rate and recycling quality of PET plastics have been improved. This allows more PET plastics to be effectively recycled and reused, meeting the needs of the market.
Global supply and demand gap:
Based on the percentage of global recycled production to global original consumption, the recycling penetration rate of PET plastics is still low. However, the average recycled content target for the next few years to 2030 is much higher than the current level. In order to meet this demand, more recycling plants need to be built and recycling production needs to be increased.
In summary, the PET plastic recycling market is driven by multiple factors such as corporate sustainable development goals, legislative promotion, increased environmental protection awareness, economic benefits, technological progress, and the global supply and demand gap. These factors promote each other and jointly promote the rapid development of the PET plastic recycling market.
This report is a detailed and comprehensive analysis for global PET Plastic Recycling market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global PET Plastic Recycling market size and forecasts, in consumption value ($ Million), 2020-2031
Global PET Plastic Recycling market size and forecasts by region and country, in consumption value ($ Million), 2020-2031
Global PET Plastic Recycling market size and forecasts, by Type and by Application, in consumption value ($ Million), 2020-2031
Global PET Plastic Recycling market shares of main players, in revenue ($ Million), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for PET Plastic Recycling
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global PET Plastic Recycling market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Seiu Japan, Kyoei Industry Co., Ltd., Isono Co., Ltd., Far Eastern Ishizuka Green PET Corporation, Nikki-Tsusho, Inc., SEINAN, Emcgroup Company, Tobe Shoji Co., Ltd., PET Recycling Team company, PETCO, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market segmentation
PET Plastic Recycling market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Chemical Recycling
Mechanical Recycling
Market segment by Application
PET Flakes
PET Pellets/Granules
Market segment by players, this report covers
Seiu Japan
Kyoei Industry Co., Ltd.
Isono Co., Ltd.
Far Eastern Ishizuka Green PET Corporation
Nikki-Tsusho, Inc.
SEINAN
Emcgroup Company
Tobe Shoji Co., Ltd.
PET Recycling Team company
PETCO
SHAZIL
Boretech
RePlas-M
Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe PET Plastic Recycling product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of PET Plastic Recycling, with revenue, gross margin, and global market share of PET Plastic Recycling from 2020 to 2025.
Chapter 3, the PET Plastic Recycling competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2020 to 2031
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2020 to 2025.and PET Plastic Recycling market forecast, by regions, by Type and by Application, with consumption value, from 2026 to 2031.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of PET Plastic Recycling.
Chapter 13, to describe PET Plastic Recycling research findings and conclusion.
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1 Market Overview
1.1 Product Overview and Scope
1.2 Market Estimation Caveats and Base Year
1.3 Classification of PET Plastic Recycling by Type
1.3.1 Overview: Global PET Plastic Recycling Market Size by Type: 2020 Versus 2024 Versus 2031
1.3.2 Global PET Plastic Recycling Consumption Value Market Share by Type in 2024
1.3.3 Chemical Recycling
1.3.4 Mechanical Recycling
1.4 Global PET Plastic Recycling Market by Application
1.4.1 Overview: Global PET Plastic Recycling Market Size by Application: 2020 Versus 2024 Versus 2031
1.4.2 PET Flakes
1.4.3 PET Pellets/Granules
1.5 Global PET Plastic Recycling Market Size & Forecast
1.6 Global PET Plastic Recycling Market Size and Forecast by Region
1.6.1 Global PET Plastic Recycling Market Size by Region: 2020 VS 2024 VS 2031
1.6.2 Global PET Plastic Recycling Market Size by Region, (2020-2031)
1.6.3 North America PET Plastic Recycling Market Size and Prospect (2020-2031)
1.6.4 Europe PET Plastic Recycling Market Size and Prospect (2020-2031)
1.6.5 Asia-Pacific PET Plastic Recycling Market Size and Prospect (2020-2031)
1.6.6 South America PET Plastic Recycling Market Size and Prospect (2020-2031)
1.6.7 Middle East & Africa PET Plastic Recycling Market Size and Prospect (2020-2031)
2 Company Profiles
2.1 Seiu Japan
2.1.1 Seiu Japan Details
2.1.2 Seiu Japan Major Business
2.1.3 Seiu Japan PET Plastic Recycling Product and Solutions
2.1.4 Seiu Japan PET Plastic Recycling Revenue, Gross Margin and Market Share (2020-2025)
2.1.5 Seiu Japan Recent Developments and Future Plans
2.2 Kyoei Industry Co., Ltd.
2.2.1 Kyoei Industry Co., Ltd. Details
2.2.2 Kyoei Industry Co., Ltd. Major Business
2.2.3 Kyoei Industry Co., Ltd. PET Plastic Recycling Product and Solutions
2.2.4 Kyoei Industry Co., Ltd. PET Plastic Recycling Revenue, Gross Margin and Market Share (2020-2025)
2.2.5 Kyoei Industry Co., Ltd. Recent Developments and Future Plans
2.3 Isono Co., Ltd.
2.3.1 Isono Co., Ltd. Details
2.3.2 Isono Co., Ltd. Major Business
2.3.3 Isono Co., Ltd. PET Plastic Recycling Product and Solutions
2.3.4 Isono Co., Ltd. PET Plastic Recycling Revenue, Gross Margin and Market Share (2020-2025)
2.3.5 Isono Co., Ltd. Recent Developments and Future Plans
2.4 Far Eastern Ishizuka Green PET Corporation
2.4.1 Far Eastern Ishizuka Green PET Corporation Details
2.4.2 Far Eastern Ishizuka Green PET Corporation Major Business
2.4.3 Far Eastern Ishizuka Green PET Corporation PET Plastic Recycling Product and Solutions
2.4.4 Far Eastern Ishizuka Green PET Corporation PET Plastic Recycling Revenue, Gross Margin and Market Share (2020-2025)
2.4.5 Far Eastern Ishizuka Green PET Corporation Recent Developments and Future Plans
2.5 Nikki-Tsusho, Inc.
2.5.1 Nikki-Tsusho, Inc. Details
2.5.2 Nikki-Tsusho, Inc. Major Business
2.5.3 Nikki-Tsusho, Inc. PET Plastic Recycling Product and Solutions
2.5.4 Nikki-Tsusho, Inc. PET Plastic Recycling Revenue, Gross Margin and Market Share (2020-2025)
2.5.5 Nikki-Tsusho, Inc. Recent Developments and Future Plans
2.6 SEINAN
2.6.1 SEINAN Details
2.6.2 SEINAN Major Business
2.6.3 SEINAN PET Plastic Recycling Product and Solutions
2.6.4 SEINAN PET Plastic Recycling Revenue, Gross Margin and Market Share (2020-2025)
2.6.5 SEINAN Recent Developments and Future Plans
2.7 Emcgroup Company
2.7.1 Emcgroup Company Details
2.7.2 Emcgroup Company Major Business
2.7.3 Emcgroup Company PET Plastic Recycling Product and Solutions
2.7.4 Emcgroup Company PET Plastic Recycling Revenue, Gross Margin and Market Share (2020-2025)
2.7.5 Emcgroup Company Recent Developments and Future Plans
2.8 Tobe Shoji Co., Ltd.
2.8.1 Tobe Shoji Co., Ltd. Details
2.8.2 Tobe Shoji Co., Ltd. Major Business
2.8.3 Tobe Shoji Co., Ltd. PET Plastic Recycling Product and Solutions
2.8.4 Tobe Shoji Co., Ltd. PET Plastic Recycling Revenue, Gross Margin and Market Share (2020-2025)
2.8.5 Tobe Shoji Co., Ltd. Recent Developments and Future Plans
2.9 PET Recycling Team company
2.9.1 PET Recycling Team company Details
2.9.2 PET Recycling Team company Major Business
2.9.3 PET Recycling Team company PET Plastic Recycling Product and Solutions
2.9.4 PET Recycling Team company PET Plastic Recycling Revenue, Gross Margin and Market Share (2020-2025)
2.9.5 PET Recycling Team company Recent Developments and Future Plans
2.10 PETCO
2.10.1 PETCO Details
2.10.2 PETCO Major Business
2.10.3 PETCO PET Plastic Recycling Product and Solutions
2.10.4 PETCO PET Plastic Recycling Revenue, Gross Margin and Market Share (2020-2025)
2.10.5 PETCO Recent Developments and Future Plans
2.11 SHAZIL
2.11.1 SHAZIL Details
2.11.2 SHAZIL Major Business
2.11.3 SHAZIL PET Plastic Recycling Product and Solutions
2.11.4 SHAZIL PET Plastic Recycling Revenue, Gross Margin and Market Share (2020-2025)
2.11.5 SHAZIL Recent Developments and Future Plans
2.12 Boretech
2.12.1 Boretech Details
2.12.2 Boretech Major Business
2.12.3 Boretech PET Plastic Recycling Product and Solutions
2.12.4 Boretech PET Plastic Recycling Revenue, Gross Margin and Market Share (2020-2025)
2.12.5 Boretech Recent Developments and Future Plans
2.13 RePlas-M
2.13.1 RePlas-M Details
2.13.2 RePlas-M Major Business
2.13.3 RePlas-M PET Plastic Recycling Product and Solutions
2.13.4 RePlas-M PET Plastic Recycling Revenue, Gross Margin and Market Share (2020-2025)
2.13.5 RePlas-M Recent Developments and Future Plans
3 Market Competition, by Players
3.1 Global PET Plastic Recycling Revenue and Share by Players (2020-2025)
3.2 Market Share Analysis (2024)
3.2.1 Market Share of PET Plastic Recycling by Company Revenue
3.2.2 Top 3 PET Plastic Recycling Players Market Share in 2024
3.2.3 Top 6 PET Plastic Recycling Players Market Share in 2024
3.3 PET Plastic Recycling Market: Overall Company Footprint Analysis
3.3.1 PET Plastic Recycling Market: Region Footprint
3.3.2 PET Plastic Recycling Market: Company Product Type Footprint
3.3.3 PET Plastic Recycling Market: Company Product Application Footprint
3.4 New Market Entrants and Barriers to Market Entry
3.5 Mergers, Acquisition, Agreements, and Collaborations
4 Market Size Segment by Type
4.1 Global PET Plastic Recycling Consumption Value and Market Share by Type (2020-2025)
4.2 Global PET Plastic Recycling Market Forecast by Type (2026-2031)
5 Market Size Segment by Application
5.1 Global PET Plastic Recycling Consumption Value Market Share by Application (2020-2025)
5.2 Global PET Plastic Recycling Market Forecast by Application (2026-2031)
6 North America
6.1 North America PET Plastic Recycling Consumption Value by Type (2020-2031)
6.2 North America PET Plastic Recycling Market Size by Application (2020-2031)
6.3 North America PET Plastic Recycling Market Size by Country
6.3.1 North America PET Plastic Recycling Consumption Value by Country (2020-2031)
6.3.2 United States PET Plastic Recycling Market Size and Forecast (2020-2031)
6.3.3 Canada PET Plastic Recycling Market Size and Forecast (2020-2031)
6.3.4 Mexico PET Plastic Recycling Market Size and Forecast (2020-2031)
7 Europe
7.1 Europe PET Plastic Recycling Consumption Value by Type (2020-2031)
7.2 Europe PET Plastic Recycling Consumption Value by Application (2020-2031)
7.3 Europe PET Plastic Recycling Market Size by Country
7.3.1 Europe PET Plastic Recycling Consumption Value by Country (2020-2031)
7.3.2 Germany PET Plastic Recycling Market Size and Forecast (2020-2031)
7.3.3 France PET Plastic Recycling Market Size and Forecast (2020-2031)
7.3.4 United Kingdom PET Plastic Recycling Market Size and Forecast (2020-2031)
7.3.5 Russia PET Plastic Recycling Market Size and Forecast (2020-2031)
7.3.6 Italy PET Plastic Recycling Market Size and Forecast (2020-2031)
8 Asia-Pacific
8.1 Asia-Pacific PET Plastic Recycling Consumption Value by Type (2020-2031)
8.2 Asia-Pacific PET Plastic Recycling Consumption Value by Application (2020-2031)
8.3 Asia-Pacific PET Plastic Recycling Market Size by Region
8.3.1 Asia-Pacific PET Plastic Recycling Consumption Value by Region (2020-2031)
8.3.2 China PET Plastic Recycling Market Size and Forecast (2020-2031)
8.3.3 Japan PET Plastic Recycling Market Size and Forecast (2020-2031)
8.3.4 South Korea PET Plastic Recycling Market Size and Forecast (2020-2031)
8.3.5 India PET Plastic Recycling Market Size and Forecast (2020-2031)
8.3.6 Southeast Asia PET Plastic Recycling Market Size and Forecast (2020-2031)
8.3.7 Australia PET Plastic Recycling Market Size and Forecast (2020-2031)
9 South America
9.1 South America PET Plastic Recycling Consumption Value by Type (2020-2031)
9.2 South America PET Plastic Recycling Consumption Value by Application (2020-2031)
9.3 South America PET Plastic Recycling Market Size by Country
9.3.1 South America PET Plastic Recycling Consumption Value by Country (2020-2031)
9.3.2 Brazil PET Plastic Recycling Market Size and Forecast (2020-2031)
9.3.3 Argentina PET Plastic Recycling Market Size and Forecast (2020-2031)
10 Middle East & Africa
10.1 Middle East & Africa PET Plastic Recycling Consumption Value by Type (2020-2031)
10.2 Middle East & Africa PET Plastic Recycling Consumption Value by Application (2020-2031)
10.3 Middle East & Africa PET Plastic Recycling Market Size by Country
10.3.1 Middle East & Africa PET Plastic Recycling Consumption Value by Country (2020-2031)
10.3.2 Turkey PET Plastic Recycling Market Size and Forecast (2020-2031)
10.3.3 Saudi Arabia PET Plastic Recycling Market Size and Forecast (2020-2031)
10.3.4 UAE PET Plastic Recycling Market Size and Forecast (2020-2031)
11 Market Dynamics
11.1 PET Plastic Recycling Market Drivers
11.2 PET Plastic Recycling Market Restraints
11.3 PET Plastic Recycling Trends Analysis
11.4 Porters Five Forces Analysis
11.4.1 Threat of New Entrants
11.4.2 Bargaining Power of Suppliers
11.4.3 Bargaining Power of Buyers
11.4.4 Threat of Substitutes
11.4.5 Competitive Rivalry
12 Industry Chain Analysis
12.1 PET Plastic Recycling Industry Chain
12.2 PET Plastic Recycling Upstream Analysis
12.3 PET Plastic Recycling Midstream Analysis
12.4 PET Plastic Recycling Downstream Analysis
13 Research Findings and Conclusion
14 Appendix
14.1 Methodology
14.2 Research Process and Data Source
14.3 Disclaimer
Seiu Japan
Kyoei Industry Co., Ltd.
Isono Co., Ltd.
Far Eastern Ishizuka Green PET Corporation
Nikki-Tsusho, Inc.
SEINAN
Emcgroup Company
Tobe Shoji Co., Ltd.
PET Recycling Team company
PETCO
SHAZIL
Boretech
RePlas-M
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*If Applicable.
