Rise in Awareness about Environmental Hazards about Plastic Disposal Anticipated to Drive PET Bottle Recycling Market: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit PET bottle is a bottle made up of a plastic resin chemically recognized as polyethylene terephthalate. PET bottle recycling refers to a process of plastic waste recovery and turns them into useful products. The recycling generally includes the procedures of waste collection, shredding, sorting, and molding. The key benefits are to increase the reuse of plastic material and reduce carbon dioxide emissions & pollution levels etc. According to the study, “Pet Bottle Recycling Market By Recycling Process (Chemical, Mechanical), Application (Beverages, Personal Care, Pharmaceutical, Consumer Goods, And Others), And Region – Global Forecast To 2023” the key companies operating in the PET bottle recycling market are UltrePET, LLC, Indorama Ventures Public Company Limited, Phoenix Technologies Ltd., Libolon, Zhejiang Anshun Pettechs Fiber Co. Ltd., Ecostar Plastics (Placon), CarbonLITE Industries, Schoeller Group, Clear Path Recycling, PFR Nord GmbH, Haiyan Haili Green Fiber Co. Ltd., Fromm India, Arora Fibres, Foss Manufacturing Company, Equipolymers, Krones Ag, PolyQuest, Plastipak Holdings, Inc. Based on the recycling process, the PET bottle recycling market is segmented into glycolysis, chemical, methanolysis and mechanical. Methanolysis includes hydrolysis and other processes. Based on capacity, the market is segmented into up to 500 ml, 500-1000 ml, 1000 ml-2000 ml, and more than 2000 ml capacity. 500 ml to 1000 ml PET bottles are extremely used as a commercial packaging solution for energy drinks, edible oils, carbonated drinks, juices, and water bottles. In addition, based on application, the market is segmented into consumer goods, food &beverages, pharmaceuticals, packaging, personal care and others (construction and textile, etc.). The packaging segment is expected to witness a higher growth rate due to the rise in the use of packaging in the food & beverage and pharmaceutical industries during the forecast period. The PET bottle recycling market is driven by the rise in the use of PET bottles in the packaging industry, followed by growth in the impact of plastic disposal on the environment, increase in demand for pharmaceutical and packaging materials, improvements in the production quality and rise in government support for recycling plastic. However, lack of awareness regarding recycling may impact the market. Moreover, a ban on the import of plastic waste by emerging economies and growth in designing of pet bottle to facilitate recycling is a key opportunity for the market. Based on geography, the North-American region holds a major share in the PET bottle recycling market owing to the rise in awareness about environmental hazards about plastic disposal, improvement in the lifestyle of consumers, rise in distribution channels and increase in diversification of the market players in the region. The Asian-Pacific and European regions are estimated to witness a higher growth rate due to rapid economic progress, rise in the development of modern practices in the production & selling of the goods and growth in population over the forecast period. It is projected that the future of the market will be bright on account of rising in government policies & regulations in the pursuit of environmental protection and increase in awareness regarding good waste management practices during the forecast period. The global market is likely to reach the value of US $5,933.6 million by the end of the year 2023 by growing at a CAGR of 5.28%. To Know More, Click On The Link Below:- Global Pet Bottle Recycling Market Forecast To 2023 Related Report:- Global PET Bottle Recycling Market Analysis 2013-2018 and Forecast 2019-2024 Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: Africa PET Bottle Recycling Market Revenue, Asia- Pacific Plastic Bottle Recycling Market, Beverages Plastics Bottle Recycling Market, CarbonLITE Industries Plastics Bottle Recycling Market, Consumer Goods Plastics Bottle Recycling Market, Designing of PET Bottle to Facilitate Recycling, Europe PET Bottle Recycling Market Future Outlook, Future Of PET Bottle Recycling Market, Global PET Bottle Recycling Industry, Global PET Bottle Recycling Industry Research Report, Global PET Bottle Recycling Market, Global PET Bottle Recycling Market Analysis, Global PET Bottle Recycling Market Forecast, Global PET Bottle Recycling Market Future Outlook, Global PET Bottle Recycling Market Growth Rate, Global PET Bottle Recycling Market Major Players, Global PET Bottle Recycling Market Research Report, Global PET Bottle Recycling Market Revenue, Global PET Bottle Recycling Market Segmentation, Global PET Bottle Recycling Market Share, Global PET Bottle Recycling Market Size, Global Plastic Recycling Market Analysis, Indorama Ventures Public Company Limited, Krones AG Plastics Bottle Recycling Market, Middle East & Africa PET Bottle Recycling Market Analysis, North America PET Bottle Recycling Market, Personal Care Plastics Bottle Recycling Market, PFR Nord GmbH Plastics Bottle Recycling Market, Pharmaceuticals Plastics Bottle Recycling Market, Plastic Molding Bottle Recycling Market, Plastic recycling machines and plants Cost, Plastipak Holdings Plastics Bottle Recycling Market, PolyQuest Plastics Bottle Recycling Market, UltrePET LLC Plastics Bottle Recycling Market