PUBLISHER: Grand View Research | PRODUCT CODE: 1587421
PUBLISHER: Grand View Research | PRODUCT CODE: 1587421
The Americas recycled polyethylene terephthalate market size is estimated to reach USD 4652.10 million by 2030, registering to grow at a CAGR of 6.9% from 2025 to 2030 according to a new report by Grand View Research, Inc. The recycled Polyethylene Terephthalate (rPET) market in the Americas is being focused on with regard to sustainability and environmental consciousness. As consumers and businesses become increasingly aware of the environmental impact of plastic waste, there is a strong demand for eco-friendly and recycled solutions.
This trend has led to a significant surge in the use of rPET in various industries, including packaging, textiles, and automotive. Companies in the Americas are actively incorporating rPET into their products to appeal to environment-conscious consumers and to align with sustainable business practices. Moreover, the meteoric rise of circular economy initiatives and the implementation of recycling policies by governments in the region are further propelling the adoption of rPET, making it a key trend in the market.
The driving factor behind the growing adoption of rPET in the Americas is the urgent need to address plastic pollution and reduce the reliance on virgin plastics. Recycling PET bottles and containers to produce recycled polyethylene terephthalate (rPET) significantly reduces the amount of plastic waste that ends up in landfills or oceans, thereby contributing to a more sustainable waste management system. The circular economy approach, where discarded PET materials are recycled and repurposed into new products, has gained momentum in the region, driving companies to embrace rPET as a vital component of their sustainability strategies.
Additionally, the positive consumer response to eco-friendly products, coupled with the implementation of stringent environmental regulations, has encouraged businesses to incorporate rPET into their offerings. A combination of these driving factors is shaping the market for recycled polyethylene terephthalate in the Americas and steering the region toward a more environmentally responsible and sustainable future.
Clear rPET is a highly in-demand product, accounting for more than 79.24% of the revenue share in 2024, owing to its widespread applications and environmental advantages. The popularity of clear rPET stems from its use in beverage packaging, providing transparency that enhances product visibility and attracts consumers. Additionally, as environmental consciousness grows, the demand for sustainable packaging solutions has surged, and clear rPET fits the bill perfectly. It reduces the reliance on virgin plastics, lowers the carbon footprint, and resonates with consumers seeking eco-friendly alternatives. With its eco-conscious appeal and versatile applications, clear rPET continues to lead the way in the Americas' recycled PET market.
Fiber is a significant end-use segment, accounting for over 39.27% of the market share in 2024, due to its multifaceted appeal and strong alignment with sustainability goals. As consumers increasingly value eco-friendly choices, the textile industry has embraced recycled PET fiber as a versatile and environmentally responsible alternative. By utilizing post-consumer PET bottles to create fiber, the production process significantly reduces plastic waste and conserves resources, making it an attractive option for conscious consumers and manufacturers alike.
Moreover, the adaptable nature of this fiber allows it to be used in a wide range of textile applications, from sportswear to home textiles, offering benefits such as durability, performance, and style without compromising environmental stewardship. This growing demand for sustainable textiles and the industry's commitment to circular economy principles have solidified the fiber segment's dominance in the Americas' recycled PET market.