
The global Chemical Recycled PET market size is predicted to grow from US$ 4277 million in 2025 to US$ 6002 million in 2031; it is expected to grow at a CAGR of 5.8% from 2025 to 2031.
Chemical Recycled PET is a technology that breaks down waste PET plastic into monomers (such as bis(2-hydroxyethyl) terephthalate BHET) through chemical methods and repolymerizes them into high-quality PET. Compared to traditional mechanical recycling, chemical recycling can handle contaminated waste plastics and produce recycled PET with quality equivalent to virgin PET. This technology achieves closed-loop recycling of PET through steps such as depolymerization, purification, and repolymerization, reducing reliance on petroleum resources and environmental pollution. Chemical Recycled PET is widely used in food packaging, beverage bottles, and textile fibers, making it a key technology for promoting a circular economy for plastics. With stricter environmental regulations and growing consumer focus on sustainability, the market prospects for Chemical Recycled PET are vast.
United States market for Chemical Recycled PET is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
China market for Chemical Recycled PET is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Europe market for Chemical Recycled PET is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Global key Chemical Recycled PET players cover Lotte Chemical, Carbios, Loop Industries, Eastman, Indorama Ventures, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.
The “Chemical Recycled PET Industry Forecast” looks at past sales and reviews total world Chemical Recycled PET sales in 2024, providing a comprehensive analysis by region and market sector of projected Chemical Recycled PET sales for 2025 through 2031. With Chemical Recycled PET sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Chemical Recycled PET industry.
This Insight Report provides a comprehensive analysis of the global Chemical Recycled PET landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Chemical Recycled PET portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Chemical Recycled PET market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Chemical Recycled PET and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Chemical Recycled PET.
This report presents a comprehensive overview, market shares, and growth opportunities of Chemical Recycled PET market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Glycolysis Method
Methanolysis Method
Hydrolysis Method
Others
Segmentation by Application:
Food Package
Plastic Container
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Lotte Chemical
Carbios
Loop Industries
Eastman
Indorama Ventures
Ioniqa
Wankai New Materials
Far Eastern Group
Teijin Frontier
Plastipak
Pet Refine Technology (JEPLAN)
SK Chemicals
Revalyu Resources
Mitsubishi
Key Questions Addressed in this Report
What is the 10-year outlook for the global Chemical Recycled PET market?
What factors are driving Chemical Recycled PET market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Chemical Recycled PET market opportunities vary by end market size?
How does Chemical Recycled PET break out by Type, by Application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Chemical Recycled PET Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Chemical Recycled PET by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Chemical Recycled PET by Country/Region, 2020, 2024 & 2031
2.2 Chemical Recycled PET Segment by Type
2.2.1 Glycolysis Method
2.2.2 Methanolysis Method
2.2.3 Hydrolysis Method
2.2.4 Others
2.3 Chemical Recycled PET Sales by Type
2.3.1 Global Chemical Recycled PET Sales Market Share by Type (2020-2025)
2.3.2 Global Chemical Recycled PET Revenue and Market Share by Type (2020-2025)
2.3.3 Global Chemical Recycled PET Sale Price by Type (2020-2025)
2.4 Chemical Recycled PET Segment by Application
2.4.1 Food Package
2.4.2 Plastic Container
2.4.3 Others
2.5 Chemical Recycled PET Sales by Application
2.5.1 Global Chemical Recycled PET Sale Market Share by Application (2020-2025)
2.5.2 Global Chemical Recycled PET Revenue and Market Share by Application (2020-2025)
2.5.3 Global Chemical Recycled PET Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Chemical Recycled PET Breakdown Data by Company
3.1.1 Global Chemical Recycled PET Annual Sales by Company (2020-2025)
3.1.2 Global Chemical Recycled PET Sales Market Share by Company (2020-2025)
3.2 Global Chemical Recycled PET Annual Revenue by Company (2020-2025)
3.2.1 Global Chemical Recycled PET Revenue by Company (2020-2025)
3.2.2 Global Chemical Recycled PET Revenue Market Share by Company (2020-2025)
3.3 Global Chemical Recycled PET Sale Price by Company
3.4 Key Manufacturers Chemical Recycled PET Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Chemical Recycled PET Product Location Distribution
3.4.2 Players Chemical Recycled PET Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for Chemical Recycled PET by Geographic Region
4.1 World Historic Chemical Recycled PET Market Size by Geographic Region (2020-2025)
4.1.1 Global Chemical Recycled PET Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Chemical Recycled PET Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Chemical Recycled PET Market Size by Country/Region (2020-2025)
4.2.1 Global Chemical Recycled PET Annual Sales by Country/Region (2020-2025)
4.2.2 Global Chemical Recycled PET Annual Revenue by Country/Region (2020-2025)
4.3 Americas Chemical Recycled PET Sales Growth
4.4 APAC Chemical Recycled PET Sales Growth
4.5 Europe Chemical Recycled PET Sales Growth
4.6 Middle East & Africa Chemical Recycled PET Sales Growth
5 Americas
5.1 Americas Chemical Recycled PET Sales by Country
5.1.1 Americas Chemical Recycled PET Sales by Country (2020-2025)
5.1.2 Americas Chemical Recycled PET Revenue by Country (2020-2025)
5.2 Americas Chemical Recycled PET Sales by Type (2020-2025)
5.3 Americas Chemical Recycled PET Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Chemical Recycled PET Sales by Region
6.1.1 APAC Chemical Recycled PET Sales by Region (2020-2025)
6.1.2 APAC Chemical Recycled PET Revenue by Region (2020-2025)
6.2 APAC Chemical Recycled PET Sales by Type (2020-2025)
6.3 APAC Chemical Recycled PET Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Chemical Recycled PET by Country
7.1.1 Europe Chemical Recycled PET Sales by Country (2020-2025)
7.1.2 Europe Chemical Recycled PET Revenue by Country (2020-2025)
7.2 Europe Chemical Recycled PET Sales by Type (2020-2025)
7.3 Europe Chemical Recycled PET Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Chemical Recycled PET by Country
8.1.1 Middle East & Africa Chemical Recycled PET Sales by Country (2020-2025)
8.1.2 Middle East & Africa Chemical Recycled PET Revenue by Country (2020-2025)
8.2 Middle East & Africa Chemical Recycled PET Sales by Type (2020-2025)
8.3 Middle East & Africa Chemical Recycled PET Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Chemical Recycled PET
10.3 Manufacturing Process Analysis of Chemical Recycled PET
10.4 Industry Chain Structure of Chemical Recycled PET
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Chemical Recycled PET Distributors
11.3 Chemical Recycled PET Customer
12 World Forecast Review for Chemical Recycled PET by Geographic Region
12.1 Global Chemical Recycled PET Market Size Forecast by Region
12.1.1 Global Chemical Recycled PET Forecast by Region (2026-2031)
12.1.2 Global Chemical Recycled PET Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global Chemical Recycled PET Forecast by Type (2026-2031)
12.7 Global Chemical Recycled PET Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 Lotte Chemical
13.1.1 Lotte Chemical Company Information
13.1.2 Lotte Chemical Chemical Recycled PET Product Portfolios and Specifications
13.1.3 Lotte Chemical Chemical Recycled PET Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 Lotte Chemical Main Business Overview
13.1.5 Lotte Chemical Latest Developments
13.2 Carbios
13.2.1 Carbios Company Information
13.2.2 Carbios Chemical Recycled PET Product Portfolios and Specifications
13.2.3 Carbios Chemical Recycled PET Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 Carbios Main Business Overview
13.2.5 Carbios Latest Developments
13.3 Loop Industries
13.3.1 Loop Industries Company Information
13.3.2 Loop Industries Chemical Recycled PET Product Portfolios and Specifications
13.3.3 Loop Industries Chemical Recycled PET Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 Loop Industries Main Business Overview
13.3.5 Loop Industries Latest Developments
13.4 Eastman
13.4.1 Eastman Company Information
13.4.2 Eastman Chemical Recycled PET Product Portfolios and Specifications
13.4.3 Eastman Chemical Recycled PET Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 Eastman Main Business Overview
13.4.5 Eastman Latest Developments
13.5 Indorama Ventures
13.5.1 Indorama Ventures Company Information
13.5.2 Indorama Ventures Chemical Recycled PET Product Portfolios and Specifications
13.5.3 Indorama Ventures Chemical Recycled PET Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 Indorama Ventures Main Business Overview
13.5.5 Indorama Ventures Latest Developments
13.6 Ioniqa
13.6.1 Ioniqa Company Information
13.6.2 Ioniqa Chemical Recycled PET Product Portfolios and Specifications
13.6.3 Ioniqa Chemical Recycled PET Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 Ioniqa Main Business Overview
13.6.5 Ioniqa Latest Developments
13.7 Wankai New Materials
13.7.1 Wankai New Materials Company Information
13.7.2 Wankai New Materials Chemical Recycled PET Product Portfolios and Specifications
13.7.3 Wankai New Materials Chemical Recycled PET Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Wankai New Materials Main Business Overview
13.7.5 Wankai New Materials Latest Developments
13.8 Far Eastern Group
13.8.1 Far Eastern Group Company Information
13.8.2 Far Eastern Group Chemical Recycled PET Product Portfolios and Specifications
13.8.3 Far Eastern Group Chemical Recycled PET Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 Far Eastern Group Main Business Overview
13.8.5 Far Eastern Group Latest Developments
13.9 Teijin Frontier
13.9.1 Teijin Frontier Company Information
13.9.2 Teijin Frontier Chemical Recycled PET Product Portfolios and Specifications
13.9.3 Teijin Frontier Chemical Recycled PET Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 Teijin Frontier Main Business Overview
13.9.5 Teijin Frontier Latest Developments
13.10 Plastipak
13.10.1 Plastipak Company Information
13.10.2 Plastipak Chemical Recycled PET Product Portfolios and Specifications
13.10.3 Plastipak Chemical Recycled PET Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 Plastipak Main Business Overview
13.10.5 Plastipak Latest Developments
13.11 Pet Refine Technology (JEPLAN)
13.11.1 Pet Refine Technology (JEPLAN) Company Information
13.11.2 Pet Refine Technology (JEPLAN) Chemical Recycled PET Product Portfolios and Specifications
13.11.3 Pet Refine Technology (JEPLAN) Chemical Recycled PET Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 Pet Refine Technology (JEPLAN) Main Business Overview
13.11.5 Pet Refine Technology (JEPLAN) Latest Developments
13.12 SK Chemicals
13.12.1 SK Chemicals Company Information
13.12.2 SK Chemicals Chemical Recycled PET Product Portfolios and Specifications
13.12.3 SK Chemicals Chemical Recycled PET Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 SK Chemicals Main Business Overview
13.12.5 SK Chemicals Latest Developments
13.13 Revalyu Resources
13.13.1 Revalyu Resources Company Information
13.13.2 Revalyu Resources Chemical Recycled PET Product Portfolios and Specifications
13.13.3 Revalyu Resources Chemical Recycled PET Sales, Revenue, Price and Gross Margin (2020-2025)
13.13.4 Revalyu Resources Main Business Overview
13.13.5 Revalyu Resources Latest Developments
13.14 Mitsubishi
13.14.1 Mitsubishi Company Information
13.14.2 Mitsubishi Chemical Recycled PET Product Portfolios and Specifications
13.14.3 Mitsubishi Chemical Recycled PET Sales, Revenue, Price and Gross Margin (2020-2025)
13.14.4 Mitsubishi Main Business Overview
13.14.5 Mitsubishi Latest Developments
14 Research Findings and Conclusion
*If Applicable.
