DUBLIN--(BUSINESS WIRE)--The "Global Recyclate PET Market - Segmented by Product Type, Application, and Geography - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
In recent years, the consumer goods industry has made significant progress on improving the recyclability of packaging. As one of the largest purchasers of recyclate PET in the consumer goods space, PepsiCo's brands like Naked Juice use 100% post-consumer recycled (PCR) square bottles. By not using virgin PET feedstock, Naked Juice bottles save 25% of the energy typically used in conventional manufacturing processes.
Likewise, many consumer packaged goods companies are applying recyclate PET to their broader product lines in order to get safeguarded by strong environmental policies and legislations globally. These trends are successful in creating the huge demand for global recyclate PET market.
Among the applications, industrial yarn holds the highest market share of the global recyclate PET market. Though virgin PET production is majorly consumed by packaging of food & beverage industry, production of recyclate PET is majorly used by textile industry with almost 50% of the market share. This trend in the market is heavily influenced by the fact that recyclate PET observes huge profit margins in textile industry when compared to the food & beverage industry. The immensely growing textile industry is further helpful to fuel the market growth for global recyclate PET market in the nearby future.
- Cerner Corporation
- Allscripts Healthcare Solutions Inc.
- Aprima Medical Software
- Athenahealth Inc.
- Relayhealth Corporation.
Key Topics Covered:
2. Executive Summary
3. Market Insights
4. Market Dynamics
5. Market Segmentation and Analysis
6. Regional Analysis
7. Competitive Landscape
8. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/26bdtx/global_recyclate?w=4