Polyethylene Terephthalate, more commonly known as PET, has become a cornerstone of modern consumer packaging. Found most often in clear plastic bottles, food containers, and various consumer goods, PET is a lightweight, durable, and versatile material. However, its widespread use has also contributed significantly to global plastic waste. In response to mounting environmental concerns, the...

Market overview The global recycled polyethylene terephthalate (rPET) flakes market was valued at USD 9.37 billion in 2024 and is expected to register a CAGR of 8.2% from 2025 to 2034. The rPET flakes market has demonstrated resilient growth in recent years. Market dynamics are being reshaped by a combination of regulatory mandates for recycled content, private-sector sustainability targets,...