Global PCR PET Market

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Global PCR PET MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2022-2027
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• Global PCR PET market size is forecast to
  reach US3.5 billion by 2027, after growing at
  a CAGR of 5.7 from 2022 to 2027.
• The hydroformylation reaction of ethylene oxide
  using a cobalt catalyst has raised the demand for
  PCR PET on commercial scale.

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• Key Takeaways
• The Asia-Pacific region dominates the PCR PET
  market due to the rising growth and investments
  in the retail activities. For instance, according
  to the India Brand Equity Foundation, between
  2019 and 2023, India estimates to invest US1.4
  trillion in infrastructure projects.
• Rising usage of PCR PET for packaging products in
  the food and pharmaceutical sector, is further
  anticipated to drive the demand for global PCR
  PET in the forecast period (2022-2027).

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Global PCR PET Market Segment Analysis By
Application Bottles held the largest share in the
global PCR PET market and is expected to continue
its dominance over the period 2022-2027. Bottles
and jars made from Post-Consumer Resin (PCR) are
becoming increasingly popular in the packaging
sector, with PET containers in the forefront. PET
(Polyethylene Terephthalate) is one of the most
widely used plastics in the world, and it is also
one of the easiest to recycle. Since PET is made
mostly from fossil fuels, manufacturers of
polyethylene terephthalate (PET) with PCR content
have a high priority as a result of this. These
bottles can be made with anything from 10 to
100 PCR content, though incremental content
percentages do necessitate Brand Owners'
willingness to sacrifice clarity and color
aesthetic. Thus, the increasing usage of global
PCR PET in applications such as bottles is
further estimated to incline the market growth.
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Global PCR PET Market Market Industry Outlook  1.
Amcor plc2. Bemis Company Inc.3. Tetra Laval
International SA.4. Mondi5. WestRock Company6.
Smurfit Kappa7. Sealed Air8. Indorama
Corporation
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Global PCR PET Market- Forecast(2022 -
2027) Learn More About the Report _at_
https//www.industryarc.com/Report/19953/global-pc
r-pet-market.html
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• You Can Customize the Report as Per Your Need.
  We have included Some Customization Options
• Company Profile
• Analyst Briefing
• Data Tables
• Key Contacts
• Free Customization
• Purchase Full Report _at_https//www.industryarc.com/
  purchasereport.php?id19953

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Reddy Contact (1) 970-236-3677 Email
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