Recycled PET Market to Surpass US$17 Billion by 2031 Amid Rising Sustainability Commitments
The global recycled polyethylene terephthalate (rPET) market is on a significant growth path as industries adopt greener practices and governments tighten environmental regulations. According to DataM Intelligence, the market, valued at US$10.5 billion in 2023, is projected to reach US$17.4 billion by 2031, expanding at a CAGR of 6.5% from 2024 to 2031.
Key Market Drivers
Regulatory push:...
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