Recycled PET Price Chart, Historical and Forecast Analysis | Procurement Resource

Polyethylene Terephthalate (PET), derived from recycled consumer waste such as plastic bottles and containers, constitutes a specific type of plastic. This thermoplastic polymer finds primary use in packaging due to its diverse attributes, including robustness, transparency, and adaptability, enabling effortless molding into desired shapes.

The manufacturing process involves several stages: gathering discarded items, cleaning, and shredding them into small flakes. These fragments are then melted and reshaped to form new products. Notably, this plastic displays resilience against various acids and bases.

Vietnam, the United States, and India rank among the principal importers of Recycled PET, while Taiwan and China stand out as its primary exporters.

Request for Real-Time Recycled PET Prices:

Key Details About the Recycled PET Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Recycled PET price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.

The Recycled PET Price trends, including India Recycled PET price, USA Recycled PET price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Recycled PET Price Trend:

Price Trend Image 4 WingsMyPostThe surge in demand for recycled PET stems from heightened environmental awareness regarding plastic waste and the concerted effort to decrease landfill overflow. Government initiatives emphasizing plastic recycling have significantly influenced this trend, contributing to a positive market impact. Moreover, the use of recycled PET, cheaper to produce than virgin PET, aids in cutting production expenses. Consequently, numerous enterprises are actively engaged in waste management and recycling, not only to reduce costs but also to align with sustainability objectives, thus fostering market growth.

Key Players:

  • B. Schoenberg & Co., Inc
  • UltrePET, LLC
  • Carbonlite Inc.
  • Suez Recycling & Recovery Holdings
  • KW Plastics

News & Recent Development

  • 06 February 2023- The Indian Oil Corporation (IOC) has pushed for decarbonisation and will be recycling 100 million dumped bottles of cold drinks, mineral water and PET bottles.

About Us:

Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.

To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.

Contact Us:

Company Name: Procurement Resource
Contact Person: Christeen Johnson
Toll Free Number: USA & Canada – Phone no: +1 307 363 1045 | UK – Phone no: +44 7537 132103 | Asia-Pacific (APAC) – Phone no: +91 1203185500
Address: 30 North Gould Street, Sheridan, WY 82801, USA

Related Articles

Back to top button