The Global Recycled Polyethylene Terephthalate (rPET) Market was valued at USD 12.54 Billion in 2023 and is projected to reach USD 17.41 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 4.8% during the forecast period (2024–2030). This growth is driven by increasing environmental regulations, rising demand for sustainable packaging solutions, and corporate commitments to circular economy principles.
As industries worldwide transition toward sustainable material usage, the focus turns to the key rPET producers enabling this transformation. In this blog, we profile the Top 10 Companies in the Recycled PET Industry—a mix of materials giants, packaging specialists, and recycling innovators leading the charge in plastic waste reduction.
🔟 1. Indorama Ventures
Headquarters: Bangkok, Thailand
Key Offering: Food-grade and textile rPET flakes, pellets
Indorama Ventures is the world’s largest PET resin producer with vertically integrated recycling operations. The company operates 11 rPET plants globally and has pledged to recycle at least 50 billion PET bottles annually by 2025 through its “Vision 2030” sustainability strategy.
Sustainability Initiatives:
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750,000+ tons/year current rPET capacity
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Investment in mechanical and chemical recycling technologies
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Partnerships with global brands for closed-loop solutions
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Recycled Polyethylene Terephthalate (PET) Market – View in Detailed Research Report
9️⃣ 2. Far East New Century Corporation (FENC)
Headquarters: Taipei, Taiwan
Key Offering: High-quality rPET chips for textiles and packaging
FENC operates Asia’s most advanced bottle-to-bottle recycling facilities, supplying major beverage brands with food-contact approved rPET. The company focuses on maintaining the polymer’s intrinsic viscosity during recycling—a critical factor for packaging applications.
Sustainability Initiatives:
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Traceless™ technology for superior rPET quality
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Zero-waste production processes
8️⃣ 3. Alpek Polyester
