Luton, Bedfordshire, United Kingdom, March 28, 2025 (GLOBE NEWSWIRE) — The global recycled polyethylene terephthalate (rPET) market is on a strong growth trajectory, driven by mounting environmental concerns and a sharp rise in demand for sustainable packaging solutions. Valued at approximately $11.5 billion in 2024, the market is projected to reach $21.3 billion by 2034, growing at a compound annual growth rate (CAGR) of 7.2%.2. Alpek
3. DAK Americas
4. M&G Chemicals
5. Selenis
6. PETRONAS Chemicals Group
7. Far Eastern New Century Corporation
8. Octal Petrochemicals
9. KMT 
10. Clean Tech Incorporated
11. Teijin Limited
12. Wellman Advanced Materials
13. China National Chemical Corporation (ChemChina)
14. Lotte Chemical Corp
15. Global PET Industries
16. Jiangyin Aokai New Materials
17. Nexchem Inc.
18. Greenback Recycling Technologies
19. Recycla
20. Plastipak PackagingDevelopment Type:Details:In a major step toward circular economy innovation, Axens, IFP Energies nouvelles (IFPEN), and JEPLAN announced the commissioning of their advanced Rewind PET recycling unitDevelopment Type:Details:Indorama VenturesDevelopment Type:Details:In a transformative acquisition, SK ChemicalsDevelopment Type:Details:Indorama VenturesDevelopment Type:Details:LOTTE Chemical Corporation- Source of rPET:
   – Post-industrial waste  – Packaging materials
  – Textiles and fibers
  – Automotive parts
  – Construction materials   – Non-food-grade rPET  – Chemical recycling  – Online sales
  – Distributors/wholesalers

Regions:
– Europe
– Asia-Pacific
– Latin America
– Middle East & Africa
(GlobeNewsWire)