リサイクルテレフタル酸 (rTPA) 市場 – 2029年までの世界予測

Recycled Terephthelic Acid (rTPA) Market - Global Forecast to 2029

リサイクルテレフタル酸 (rTPA) 市場 - プロセス(加水分解、熱分解)、用途(繊維、フィルム、樹脂)、最終用途産業(繊維、自動車、建設、包装) - 2029年までの世界予測
Recycled Terephthalic Acid Market by Process (Hydrolysis, Pyrolysis), Application (Fiber, Films, Resins), End-Use Industry (Textiles, Automotive, Construction, Packaging) - Global Forecast to 2029

商品番号 : SMB-69146

出版社MarketsandMarkets
出版年月2024年10月
ページ数236
図表数307
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

Report Overview

The Recycled terephthalic acid (rTPA) market size is projected to grow from USD 2.34 billion in 2024 to USD 2.90 billion by 2029, registering a CAGR of 4.4% during the forecast period.

リサイクルテレフタル酸(rTPA)市場規模は、2024年の23億4,000万米ドルから2029年までに29億米ドルに成長すると予測されており、予測期間中に4.4%のCAGRを記録します。

The growth factors for the recycled terephthalic acid market is good, driven by growing environmental regulations, high sustainability trends, and the global shift toward a more circular economy. More severe regulation is being laid down by governments across the globe to minimize plastic waste and ensure recycling, whereas consumers are becoming keen on more environmentally friendly products in the areas of packaging, textiles, and the automotive industry that push demand for recycled terephthalic acid.

リサイクルテレフタル酸 (rTPA) 市場 - 2029年までの世界予測
recycled-terephthalic-acid-market-Overview

“Hydrolysis accounted for the fastest growing share in process segment of Recyceled terephthalic acid market in terms of value.”

Hydrolysis is also likely to be the process with the highest growth rate in the rTA market because it is an efficient and scalable process, capable of producing highly pure TPA. The chemical recycling method includes breaking down PET waste into its monomers, such as TPA and ethylene glycol (EG), by applying water and catalysts under controlled temperature and pressure. It produces high-grade TPA and is highly efficient. This gives it an edge over other methods when pure recycled material is required, like the packaging and textiles industries. Hydrolysis is favored by urgent conditions of sustainable requirements and therefore reliance on producing high-grade recycled materials. This trend in the packaging and textiles industries to use more recycled content-in addition to regulatory mandates-plays toward sustaining future demand.

“Resins accounted for the fastest growing in application  segment of Recyceled terephthalic acid market in terms of value.”

Resins are likely to witness the highest growth rate in the recycled terephthalic acid market because of their widespread usage across various industries, along with growing demand for sustainable alternatives against virgin plastics. Recycled terephthalic acid is a critical raw material for rPET resins, which finds wide applicability in packaging, mainly in bottles and containers. Increasing stress on reduction of plastic waste along with regulatory frameworks encouraging recycling have been able to boost the adoption of rPET in manufacturers, which has led to the growth in resin applications in the recycled terephthalic acid market. Particularly, the packaging industry is a great input for this demand. Companies are looking for rPET resins as consumers and regulatory bodies are increasing their interest in sustainable packaging solutions.

リサイクルテレフタル酸 (rTPA) 市場 - 2029年までの世界予測 ecosystem
recycled-terephthalic-acid-market-Ecosystem

“Packaging accounted for the fastest growing in end-use industry segment of Recyceled terephthalic acid market in terms of value.”

Packaging industry will be one of the fastest-growing end-use industries in the market for rTA as the demand for sustainable solutions for packaging will grow and more stringent regulations reduce plastic waste. Recycled terephthalic acid is one of the most important raw materials used to manufacture rPET, which has different applications related to packaging, including bottles, containers, and films. Around the world, governments are keen on enhancing the recycling rate and use of recycled material in packaging production. Therefore, manufacturers have embraced rPET, which has increased the demand for recycled terephthalic acid. Demand from the packaging industry for recycled terephthalic acid has also increased due to growing consumers’ preference for environmental products.

“Asia pacific is the fastest growing market for Recyceled terephthalic acid.”

Asia-Pacific will grow fast, mainly due to rapid industrialization, tight environmental legislations, and high PET consumption in the region. Most countries, including China, India, Japan, and South Korea, have enormous demands for recycled products as part of their more comprehensive efforts to eradicate plastic wastes and encourage sustainable development. In addition, advancement of chemical recycling technologies within the region with recycling infrastructure investments drives the market further. This is coupled with large amounts of PET waste, supportive government policies, and corporate sustainability goals. Asia-Pacific will be key growth region in the rTA market, thus ensuring its position as the region with the highest growth.

リサイクルテレフタル酸 (rTPA) 市場 - 2029年までの世界予測 region
recycled-terephthalic-acid-market-Region

In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, other innovation and technology directors, and executives from various key organizations operating in the Recyceled terephthalic acid market, and information was gathered from secondary research to determine and verify the market size of several segments.

  • By Company Type: Tier 1 – 50%, Tier 2 – 30%, and Tier 3 – 20%
  • By Designation: Managers– 15%, Directors – 20%, and Others – 65%
  • By Region: North America – 25%, Europe – 30%, APAC – 35%, the Middle East & Africa –5%, and South America- 5%

The Recyceled terephthalic acid market comprises major players Indorama Ventures Public Company Limited. (Thailand), Alpek S.A.B. de C.V. (Mexico), SUEZ (France), ALPLA (Austria), Unifi, Inc. (US), SK chemicals (South Korea), Krones AG (Germany), Far Eastern New Century Corporation (Taiwan), Biffa (England), Plastipak Holdings, Inc. (US). The study includes in-depth competitive analysis of these key players in the Recyceled terephthalic acid market, with their company profiles, recent developments, and key market strategies.

Research Coverage

This report segments the market for Recyceled terephthalic acid market on the basis of grade, function, application, and region, and provides estimations for the overall value of the market across various regions. A detailed analysis of key industry players has been conducted to provide insights into their business overviews, products & services, key strategies, and expansions associated with the market for Recyceled terephthalic acid market.

Key benefits of buying this report

This research report is focused on various levels of analysis — industry analysis (industry trends), market ranking analysis of top players, and company profiles, which together provide an overall view of the competitive landscape; emerging and high-growth segments of the Recyceled terephthalic acid market; high-growth regions; and market drivers, restraints, opportunities, and challenges.

The report provides insights on the following pointers:

  • Analysis of drivers: (Increasing focus on environmental sustainability and need to reduce reliance on fossil resources, Recycled TPA enables production of biodegradable plastics and PET, driving sustainable chemical innovation and circular economy), restraints (High capital cost of advanced recycling technologies limit scalability of chemical recycling process), opportunities (Rising demand for rPET in the fashion and textile industries presents opportunities for sustainable rTPA production), and challenges (Challenges in current recycling technologies limit efficient processing of colored and blended plastics) influencing the growth of Recyceled terephthalic acid market.
  • Market Penetration: Comprehensive information on the Recyceled terephthalic acid market offered by top players in the global Recyceled terephthalic acid market.
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, in the Recyceled terephthalic acid market.
  • Market Development: Comprehensive information about lucrative emerging markets the report analyzes the markets for Recyceled terephthalic acid market across regions.
  • Market Capacity: Production capacities of companies producing Recyceled terephthalic acid are provided wherever available with upcoming capacities for the Recyceled terephthalic acid market.
  • Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the Recyceled terephthalic acid market.

Table of Contents

1               INTRODUCTION              25

1.1           STUDY OBJECTIVES       25

1.2           MARKET DEFINITION   25

1.3           STUDY SCOPE   26

1.3.1        MARKETS COVERED       26

1.3.2        INCLUSIONS AND EXCLUSIONS OF STUDY          26

1.3.3        YEARS CONSIDERED      27

1.3.4        CURRENCY CONSIDERED            27

1.3.5        UNITS CONSIDERED      28

1.4           LIMITATIONS    28

1.5           STAKEHOLDERS               28

2               RESEARCH METHODOLOGY       29

2.1           RESEARCH DATA              29

2.1.1        SECONDARY DATA          30

2.1.1.1    Key data from secondary sources       30

2.1.2        PRIMARY DATA 30

2.1.2.1    Key data from primary sources           31

2.1.2.2    Key primary sources             31

2.1.2.3    Key participants for primary interviews            31

2.1.2.4    Breakdown of interviews with experts               32

2.1.2.5    Key industry insights           32

2.2           BASE NUMBER CALCULATION   33

2.2.1        SUPPLY-SIDE ANALYSIS                 33

2.2.2        DEMAND-SIDE ANALYSIS             33

2.3           GROWTH FORECAST      33

2.3.1        SUPPLY SIDE     33

2.3.2        DEMAND SIDE  34

2.4           MARKET SIZE ESTIMATION         34

2.4.1        BOTTOM-UP APPROACH              35

2.4.2        TOP-DOWN APPROACH                35

2.5           DATA TRIANGULATION                36

2.6           RESEARCH ASSUMPTIONS           37

2.7           GROWTH FORECAST      37

2.8           RISK ASSESSMENT           38

2.9           FACTOR ANALYSIS          39

3               EXECUTIVE SUMMARY  40

4               PREMIUM INSIGHTS       44

4.1           ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN RECYCLED TEREPHTHALIC ACID MARKET          44

4.2           RECYCLED TEREPHTHALIC ACID MARKET, BY PROCESS                 44

4.3           RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY           45

4.4           RECYCLED TEREPHTHALIC ACID MARKET, BY KEY COUNTRY            45

5               MARKET OVERVIEW       46

5.1           INTRODUCTION              46

5.2           MARKET DYNAMICS       46

5.2.1        DRIVERS               47

5.2.1.1    Increasing focus on environmental sustainability and need to

reduce reliance on fossil resources    47

5.2.1.2    Recycled TPA enables production of biodegradable plastics and

PET, driving sustainable chemical innovation and circular economy                 47

5.2.2        RESTRAINTS      48

5.2.2.1    High capital cost of advanced recycling technologies limits

scalability of chemical recycling process           48

5.2.2.2    Absence of global standards for rTPA quality affects product performance          48

5.2.3        OPPORTUNITIES              49

5.2.3.1    Rising demand for rPET in fashion and textile industries presents opportunities for sustainable rTPA production               49

5.2.3.2    Advances in chemical recycling technologies present opportunity

for producing high-purity rTPA comparable to virgin TPA          49

5.2.4        CHALLENGES    50

5.2.4.1    Challenges in current recycling technologies limit efficient processing of colored and blended plastics      50

5.3           GENERATIVE AI                50

5.3.1        INTRODUCTION              50

5.4           IMPACT OF GENERATIVE AI ON RECYCLED TEREPHTHALIC ACID MARKET 51

6               INDUSTRY TRENDS         52

6.1           INTRODUCTION              52

6.2           TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS            52

6.3           SUPPLY CHAIN ANALYSIS             53

6.4           INVESTMENT AND FUNDING SCENARIO               55

6.5           PRICING ANALYSIS          56

6.5.1        AVERAGE SELLING PRICE TREND, BY REGION   56

6.5.2        AVERAGE SELLING PRICE TREND, BY PROCESS 57

6.5.3        AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY PROCESS              57

6.6           ECOSYSTEM ANALYSIS  58

6.7           TECHNOLOGY ANALYSIS             60

6.7.1        KEY TECHNOLOGIES     60

6.7.2        COMPLEMENTARY TECHNOLOGIES       61

6.7.3        ADJACENT TECHNOLOGIES       61

6.8           PATENT ANALYSIS          62

6.8.1        METHODOLOGY              62

6.8.2        GRANTED PATENTS       62

6.8.2.1    Patent publication trends    62

6.8.3        INSIGHTS            63

6.8.4        LEGAL STATUS 63

6.8.5        JURISDICTION ANALYSIS              63

6.8.6        TOP APPLICANTS            64

6.9           TRADE ANALYSIS             67

6.9.1        IMPORT SCENARIO (HS CODES 2917360)                67

6.9.2        EXPORT SCENARIO (HS CODES 2917360)                68

6.10         KEY CONFERENCES AND EVENTS, 2024–2025        68

6.11         TARIFFS, STANDARDS, AND REGULATORY LANDSCAPE                 68

6.11.1      TARIFF ANALYSIS             69

6.11.2      REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS             69

6.11.3      STANDARDS      72

6.12         PORTER’S FIVE FORCES ANALYSIS           73

6.12.1      THREAT OF NEW ENTRANTS      74

6.12.2      THREAT OF SUBSTITUTES          75

6.12.3      BARGAINING POWER OF SUPPLIERS       75

6.12.4      BARGAINING POWER OF BUYERS             75

6.12.5      INTENSITY OF COMPETITIVE RIVALRY 76

6.13         KEY STAKEHOLDERS AND BUYING CRITERIA     76

6.13.1      KEY STAKEHOLDERS IN BUYING PROCESS           76

6.13.2      BUYING CRITERIA           77

6.14         MACROECONOMIC OUTLOOK  78

6.14.1      GDP TRENDS AND FORECASTS, BY COUNTRY    78

6.15         CASE STUDY ANALYSIS 79

6.15.1      CASE STUDY 1: CHARACTERIZATION OF TEREPHTHALIC ACID MONOMER RECYCLED FROM POST-CONSUMER PET POLYMER BOTTLES     79

6.15.2      CASE STUDY 2: ACIDIC HYDROLYSIS OF RECYCLED POLYETHYLENE TEREPHTHALATE PLASTIC FOR PRODUCTION OF MONOMER

TEREPHTHALIC ACID    80

7               RECYCLED TEREPHTHALIC ACID MARKET, BY PROCESS                 81

7.1           INTRODUCTION              82

7.2           HYDROLYSIS      84

7.2.1        ADVANCEMENTS IN TECHNOLOGY FOR EFFICIENT AND SUSTAINABLE RECOVERY OF TEREPHTHALIC ACID FROM PET WASTE TO PROPEL MARKET             84

7.3           PYROLYSIS          84

7.3.1        ENABLES EFFECTIVE RECYCLING OF MIXED AND CONTAMINATED PET    84

7.4           OTHER PROCESSES         85

7.4.1        GLYCOLYSIS      85

7.4.2        ACETOLYSIS      85

8               RECYCLED TEREPHTHALIC ACID MARKET, BY APPLICATION   86

8.1           INTRODUCTION              87

8.2           FIBERS  88

8.2.1        APPLICATION IN SUSTAINABLE POLYESTER FIBER PRODUCTION FOR TEXTILES AND INDUSTRIAL USES TO DRIVE MARKET               88

8.3           RESINS 89

8.3.1        UTILIZATION OF RTPA IN SUSTAINABLE POLYESTER RESIN PRODUCTION ACROSS MULTIPLE INDUSTRIES TO PROPEL MARKET             89

8.4           FILMS    89

8.4.1        UTILIZATION OF RTPA IN HIGH-PERFORMANCE FILM PRODUCTION

TO SUPPORT MARKET GROWTH              89

8.5           OTHER APPLICATIONS 90

8.5.1        SHEETS 90

8.5.2        BOTTLES             90

9               RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY           91

9.1           INTRODUCTION              92

9.2           TEXTILE               94

9.2.1        NEED FOR SUSTAINABILITY IN FASHION INDUSTRY TO DRIVE MARKET 94

9.3           AUTOMOTIVE   94

9.3.1        DEMAND FOR LIGHTWEIGHT MATERIALS AND IMPROVED VEHICLE PERFORMANCE TO PROPEL MARKET                 94

9.4           CONSTRUCTION              95

9.4.1        RISING DEMAND FOR ECO-FRIENDLY CONSTRUCTION MATERIALS

TO DRIVE MARKET         95

9.5           PACKAGING       95

9.5.1        DEMAND FOR SUSTAINABLE PACKAGING TO MINIMIZE PLASTIC WASTE                95

9.6           OTHER END-USE INDUSTRIES   96

9.6.1        CONSUMER GOODS       96

9.6.2        ELECTRONICS   96

10            RECYCLED TEREPHTHALIC ACID MARKET, BY REGION                 97

10.1         INTRODUCTION              98

10.2         ASIA PACIFIC     100

10.2.1      CHINA  106

10.2.1.1  Increased regulatory requirements and public awareness of pollution and waste management to drive market           106

10.2.2      JAPAN   107

10.2.2.1  Advanced waste management and recycling technologies to encourage use of rTPA        107

10.2.3      INDIA    109

10.2.3.1  Large-scale polyester production amplifies need for rTPA                 109

10.2.4      SOUTH KOREA  111

10.2.4.1  Significant investment in R&D for high-quality materials to support market growth        111

10.2.5      REST OF ASIA PACIFIC   113

10.3         NORTH AMERICA             114

10.3.1      US           119

10.3.1.1  Increasing demand for eco-friendly plastic bottles to propel market    119

10.3.2      CANADA               121

10.3.2.1  Government mandates for plastic recycling encourage adoption of rTPA in food & beverage packaging             121

10.3.3      MEXICO                123

10.3.3.1  Government initiatives aimed at promoting recycling and sustainability to propel market           123

10.4         EUROPE               124

10.4.1      GERMANY           130

10.4.1.1  Strong recycling infrastructure and EU regulations enforcing rTPA

use to support market growth             130

10.4.2      ITALY    131

10.4.2.1  Large fashion and textile industries to drive market       131

10.4.3      FRANCE                133

10.4.3.1  Large-scale investments in circular economy practices to reduce plastic waste          133

10.4.4      UK          135

10.4.4.1  Strong regulatory frameworks to curb plastic pollution to drive use

of rTPA  135

10.4.5      SPAIN    136

10.4.5.1  Adoption of sustainable construction products incorporating rTPA

for energy-efficient buildings to propel market               136

10.4.6      RUSSIA 138

10.4.6.1  Growing market for sustainable, high-performance consumer

goods materials to drive market         138

10.4.7      REST OF EUROPE             140

10.5         MIDDLE EAST & AFRICA                141

10.5.1      GCC COUNTRIES              146

10.5.1.1  Saudi Arabia          146

10.5.1.1.1                Growing market for sustainable, high-performance consumer goods fueled by Vision 2030 initiatives to propel market                 146

10.5.1.2  UAE        148

10.5.1.2.1                Strategic location and economic diversification to support market growth        148

10.5.1.3  Rest of GCC countries         150

10.5.2      SOUTH AFRICA 151

10.5.2.1  Growing use of rTPA in lightweight automotive components to fuel efficiency regulations   151

10.5.3      REST OF MIDDLE EAST & AFRICA             153

10.6         SOUTH AMERICA             155

10.6.1      ARGENTINA       159

10.6.1.1  National campaigns to reduce environmental impact to encourage adoption of recycled materials         159

10.6.2      BRAZIL 161

10.6.2.1  Shift toward circular fashion and upcycled textile manufacturing for global brands to propel market     161

10.6.3      REST OF SOUTH AMERICA           162

11            COMPETITIVE LANDSCAPE         165

11.1         INTRODUCTION              165

11.2         KEY PLAYER STRATEGIES/RIGHT TO WIN            165

11.3         MARKET SHARE ANALYSIS           167

11.4         REVENUE ANALYSIS       170

11.5         COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023                 170

11.5.1      STARS   170

11.5.2      EMERGING LEADERS     171

11.5.3      PERVASIVE PLAYERS      171

11.5.4      PARTICIPANTS 171

11.5.5      COMPANY FOOTPRINT: KEY PLAYERS, 2023         172

11.5.5.1  Company footprint               172

11.5.5.2  Process footprint  173

11.5.5.3  Application footprint            173

11.5.5.4  End-use industry footprint 174

11.5.5.5  Region footprint   174

11.6         COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023        175

11.6.1      PROGRESSIVE COMPANIES         175

11.6.2      RESPONSIVE COMPANIES            175

11.6.3      DYNAMIC COMPANIES  175

11.6.4      STARTING BLOCKS         175

11.6.5      COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023                 177

11.6.5.1  Detailed list of key startups/SMEs    177

11.6.5.2  Competitive benchmarking of key startups/SMEs          178

11.7         BRAND/PRODUCT COMPARATIVE ANALYSIS     179

11.8         COMPANY VALUATION AND FINANCIAL METRICS                 181

11.8.1      COMPANY VALUATION 181

11.8.2      FINANCIAL METRICS      181

11.9         COMPETITIVE SCENARIO             182

11.9.1      DEALS  182

11.9.2      EXPANSIONS     184

12            COMPANY PROFILES      186

12.1         KEY PLAYERS     186

12.1.1      INDORAMA VENTURES PUBLIC COMPANY LIMITED                 186

12.1.1.1  Business overview 186

12.1.1.2  Products offered   187

12.1.1.3  Recent developments           188

12.1.1.3.1                Deals      188

12.1.1.3.2                Expansions             188

12.1.1.3.3                Other developments             189

12.1.1.4  MnM view              189

12.1.1.4.1                Key strengths        189

12.1.1.4.2                Strategic choices   190

12.1.1.4.3                Weaknesses and competitive threats 190

12.1.2      ALPEK S.A.B. DE C.V.       191

12.1.2.1  Business overview 191

12.1.2.2  Products offered   192

12.1.2.3  Recent developments           193

12.1.2.3.1                Deals      193

12.1.2.3.2                Other developments             193

12.1.2.4  MnM view              194

12.1.2.4.1                Key strengths        194

12.1.2.4.2                Strategic choices   194

12.1.2.4.3                Weaknesses and competitive threats 194

12.1.3      SUEZ     195

12.1.3.1  Business overview 195

12.1.3.2  Products offered   196

12.1.3.3  Recent developments           197

12.1.3.3.1                Deals      197

12.1.3.3.2                Other developments             197

12.1.3.4  MnM view              197

12.1.3.4.1                Key strengths        197

12.1.3.4.2                Strategic choices   198

12.1.3.4.3                Weaknesses and competitive threats 198

12.1.4      ALPLA   199

12.1.4.1  Business overview 199

12.1.4.2  Products offered   199

12.1.4.3  Recent developments           200

12.1.4.3.1                Expansions             200

12.1.4.4  MnM view              200

12.1.4.4.1                Key strengths        200

12.1.4.4.2                Strategic choices   201

12.1.4.4.3                Weaknesses and competitive threats 201

12.1.5      UNIFI, INC.          202

12.1.5.1  Business overview 202

12.1.5.2  Products offered   203

12.1.5.3  MnM view              203

12.1.5.3.1                Key strengths        203

12.1.5.3.2                Strategic choices   203

12.1.5.3.3                Weaknesses and competitive threats 203

12.1.6      SK CHEMICALS 204

12.1.6.1  Business overview 204

12.1.6.2  Products offered   205

12.1.6.3  Recent developments           206

12.1.6.3.1                Deals      206

12.1.6.4  MnM view              206

12.1.6.4.1                Key strengths        206

12.1.6.4.2                Strategic choices   206

12.1.6.4.3                Weaknesses and competitive threats 206

12.1.7      FAR EASTERN NEW CENTURY CORPORATION   207

12.1.7.1  Business overview 207

12.1.7.2  Products offered   208

12.1.7.3  Recent developments           208

12.1.7.3.1                Expansions             208

12.1.7.3.2                Other developments             209

12.1.7.4  MnM view              209

12.1.7.4.1                Key strengths        209

12.1.7.4.2                Strategic choices   209

12.1.7.4.3                Weaknesses and competitive threats 209

12.1.8      BIFFA    210

12.1.8.1  Business overview 210

12.1.8.2  Products offered   210

12.1.8.3  Recent developments           211

12.1.8.3.1                Deals      211

12.1.8.4  MnM view              211

12.1.8.4.1                Key strengths        211

12.1.8.4.2                Strategic choices   212

12.1.8.4.3                Weaknesses and competitive threats 212

12.1.9      PLASTIPAK HOLDINGS, INC.       213

12.1.9.1  Business overview 213

12.1.9.2  Products offered   213

12.1.9.3  Recent developments           214

12.1.9.3.1                Deals      214

12.1.9.3.2                Expansions             214

12.1.9.4  MnM view              215

12.1.9.4.1                Key strengths        215

12.1.9.4.2                Strategic choices   215

12.1.9.4.3                Weaknesses and competitive threats 215

12.1.10   VISY       216

12.1.10.1                 Business overview 216

12.1.10.2                 Products offered   216

12.1.10.3                 MnM view              217

12.1.10.3.1             Key strengths        217

12.1.10.3.2             Strategic choices   217

12.1.10.3.3             Weaknesses and competitive threats 217

12.2         OTHER PLAYERS              218

12.2.1      MARGLEN INDUSTRIES 218

12.2.2      CARBIOS              219

12.2.3      POLYQUEST, INC.            220

12.2.4      EVERGREEN       221

12.2.5      DEPOLY               222

12.2.6      REVALYU RESOURCES GMBH     223

12.2.7      EKOPET                224

12.2.8      LOOP INDUSTRIES, INC.                225

12.2.9      TERRACLE           226

12.2.10   INTCO  227

12.2.11   GOREWISE          228

13            APPENDIX           229

13.1         DISCUSSION GUIDE        229

13.2         KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL                232

13.3         CUSTOMIZATION OPTIONS        234

13.4         RELATED REPORTS         234

13.5         AUTHOR DETAILS           235

LIST OF TABLES

TABLE 1                AVERAGE SELLING PRICE TREND OF RECYCLED TEREPHTHALIC ACID,

BY REGION, 2021–2023 (USD/TON)           56

TABLE 2                AVERAGE SELLING PRICE TREND OF RECYCLED TEREPHTHALIC ACID,

BY PROCESS, 2020–2023 (USD/TON)         57

TABLE 3                AVERAGE SELLING PRICE TREND OF RECYCLED TEREPHTHALIC ACID

PROCESSES, BY KEY PLAYER, 2023 (USD/TON)   57

TABLE 4                RECYCLED TEREPHTHALIC ACID MARKET: ROLE OF COMPANIES IN ECOSYSTEM    59

TABLE 5                RECYCLED TEREPHTHALIC ACID MARKET: KEY TECHNOLOGIES               60

TABLE 6                RECYCLED TEREPHTHALIC ACID MARKET: COMPLEMENTARY TECHNOLOGIES       61

TABLE 7                RECYCLED TEREPHTHALIC ACID MARKET: ADJACENT TECHNOLOGIES       61

TABLE 8                TOTAL NUMBER OF PATENTS, 2013–2023                 62

TABLE 9                TOP OWNERS OF PATENTS RELATED TO RECYCLED TEREPHTHALIC ACID,

2013–2023              64

TABLE 10              LIST OF KEY PATENTS RELATED TO RECYCLED TEREPHTHALIC ACID, 2013–2023                64

TABLE 11              RECYCLED TEREPHTHALIC ACID MARKET: LIST OF KEY CONFERENCES AND EVENTS, 2024–2025                 68

TABLE 12              TARIFF DATA RELATED TO HS CODE 29173600-COMPLIANT PRODUCTS,

BY COUNTRY, 2023           69

TABLE 13              NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  70

TABLE 14              EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS           70

TABLE 15              ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS                 71

TABLE 16              MIDDLE EAST & AFRICA: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  71

TABLE 17              SOUTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  72

TABLE 18              STANDARDS AND REGULATIONS FOR PLAYERS IN RECYCLED TEREPHTHALIC

ACID MARKET   72

TABLE 19              IMPACT OF PORTER’S FIVE FORCES ON RECYCLED TEREPHTHALIC ACID MARKET          73

TABLE 20              INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY END-USE INDUSTRY (%)   77

TABLE 21              KEY BUYING CRITERIA, BY END-USE INDUSTRY                 77

TABLE 22              GDP TRENDS AND FORECASTS, BY COUNTRY, 2023–2025 (USD MILLION)            78

TABLE 23              RECYCLED TEREPHTHALIC ACID MARKET, BY PROCESS,

2021–2023 (USD MILLION)            82

TABLE 24              RECYCLED TEREPHTHALIC ACID MARKET, BY PROCESS,

2024–2029 (USD MILLION)            83

TABLE 25              RECYCLED TEREPHTHALIC ACID MARKET, BY PROCESS, 2021–2023 (TON)          83

TABLE 26              RECYCLED TEREPHTHALIC ACID MARKET, BY PROCESS, 2024–2029 (TON)          83

TABLE 27              RECYCLED TEREPHTHALIC ACID MARKET, BY APPLICATION,

2021–2023 (USD MILLION)            87

TABLE 28              RECYCLED TEREPHTHALIC ACID MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            88

TABLE 29              RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY,

2021–2023 (USD MILLION)            92

TABLE 30              RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY,

2024–2029 (USD MILLION)            93

TABLE 31              RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY,

2021–2023 (TON)               93

TABLE 32              RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY,

2024–2029 (TON)               93

TABLE 33              RECYCLED TEREPHTHALIC ACID MARKET, BY REGION, 2021–2023 (USD MILLION)          99

TABLE 34              RECYCLED TEREPHTHALIC ACID MARKET, BY REGION, 2024–2029 (USD MILLION)          99

TABLE 35              RECYCLED TEREPHTHALIC ACID MARKET, BY REGION, 2021–2023 (TON)             99

TABLE 36              RECYCLED TEREPHTHALIC ACID MARKET, BY REGION, 2024–2029 (TON)             100

TABLE 37              ASIA PACIFIC: RECYCLED TEREPHTHALIC ACID MARKET, BY COUNTRY,

2021–2023 (USD MILLION)            101

TABLE 38              ASIA PACIFIC: RECYCLED TEREPHTHALIC ACID MARKET, BY COUNTRY,

2024–2029 (USD MILLION)            102

TABLE 39              ASIA PACIFIC: RECYCLED TEREPHTHALIC ACID MARKET, BY COUNTRY,

2021–2023 (TON)               102

TABLE 40              ASIA PACIFIC: RECYCLED TEREPHTHALIC ACID MARKET, BY COUNTRY,

2024–2029 (TON)               102

TABLE 41              ASIA PACIFIC: RECYCLED TEREPHTHALIC ACID MARKET, BY PROCESS,

2021–2023 (USD MILLION)            103

TABLE 42              ASIA PACIFIC: RECYCLED TEREPHTHALIC ACID MARKET, BY PROCESS,

2024–2029 (USD MILLION)            103

TABLE 43              ASIA PACIFIC: RECYCLED TEREPHTHALIC ACID MARKET, BY PROCESS,

2021–2023 (TON)               103

TABLE 44              ASIA PACIFIC: RECYCLED TEREPHTHALIC ACID MARKET, BY PROCESS,

2024–2029 (TON)               103

TABLE 45              ASIA PACIFIC: RECYCLED TEREPHTHALIC ACID MARKET, APPLICATION,

2021–2023 (USD MILLION)            104

TABLE 46              ASIA PACIFIC: RECYCLED TEREPHTHALIC ACID MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            104

TABLE 47              ASIA PACIFIC: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION)                 104

TABLE 48              ASIA PACIFIC: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)                 105

TABLE 49              ASIA PACIFIC: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY, 2021–2023 (TON)         105

TABLE 50              ASIA PACIFIC: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY, 2024–2029 (TON)         105

TABLE 51              CHINA: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY,

2021–2023 (USD MILLION)            106

TABLE 52              CHINA: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY,

2024–2029 (USD MILLION)            106

TABLE 53              CHINA: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY,

2021–2023 (TON)               107

TABLE 54              CHINA: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY,

2024–2029 (TON)               107

TABLE 55              JAPAN: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY,

2021–2023 (USD MILLION)            108

TABLE 56              JAPAN: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY,

2024–2029 (USD MILLION)            108

TABLE 57              JAPAN: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY,

2021–2023 (TON)               108

TABLE 58              JAPAN: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY,

2024–2029 (TON)               109

TABLE 59              INDIA: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY,

2021–2023 (USD MILLION)            109

TABLE 60              INDIA: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY,

2024–2029 (USD MILLION)            110

TABLE 61              INDIA: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY,

2021–2023 (TON)               110

TABLE 62              INDIA: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY,

2024–2029 (TON)               110

TABLE 63              SOUTH KOREA: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION)            111

TABLE 64              SOUTH KOREA: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)            112

TABLE 65              SOUTH KOREA: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY, 2021–2023 (TON)                 112

TABLE 66              SOUTH KOREA: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY, 2024–2029 (TON)                 112

TABLE 67              REST OF ASIA PACIFIC: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION)       113

TABLE 68              REST OF ASIA PACIFIC: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)       113

TABLE 69              REST OF ASIA PACIFIC: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY, 2021–2023 (TON)          114

TABLE 70              REST OF ASIA PACIFIC: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY, 2024–2029 (TON)          114

TABLE 71              NORTH AMERICA: RECYCLED TEREPHTHALIC ACID MARKET, BY COUNTRY,

2021–2023 (USD MILLION)            115

TABLE 72              NORTH AMERICA: RECYCLED TEREPHTHALIC ACID MARKET, BY COUNTRY,

2024–2029 (USD MILLION)            116

TABLE 73              NORTH AMERICA: RECYCLED TEREPHTHALIC ACID MARKET, BY COUNTRY,

2021–2023 (TON)               116

TABLE 74              NORTH AMERICA: RECYCLED TEREPHTHALIC ACID MARKET, BY COUNTRY,

2024–2029 (TON)               116

TABLE 75              NORTH AMERICA: RECYCLED TEREPHTHALIC ACID MARKET, BY PROCESS,

2021–2023 (USD MILLION)            116

TABLE 76              NORTH AMERICA: RECYCLED TEREPHTHALIC ACID MARKET, BY PROCESS,

2024–2029 (USD MILLION)            117

TABLE 77              NORTH AMERICA: RECYCLED TEREPHTHALIC ACID MARKET, BY PROCESS,

2021–2023 (TON)               117

TABLE 78              NORTH AMERICA: RECYCLED TEREPHTHALIC ACID MARKET, BY PROCESS,

2024–2029 (TON)               117

TABLE 79              NORTH AMERICA: RECYCLED TEREPHTHALIC ACID MARKET, BY APPLICATION, 2021–2023 (USD MILLION)                 117

TABLE 80              NORTH AMERICA: RECYCLED TEREPHTHALIC ACID MARKET, BY APPLICATION, 2024–2029 (USD MILLION)                 118

TABLE 81              NORTH AMERICA: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION)            118

TABLE 82              NORTH AMERICA: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)            118

TABLE 83              NORTH AMERICA: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY, 2021–2023 (TON)                 119

TABLE 84              NORTH AMERICA: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY, 2024–2029 (TON)                 119

TABLE 85              US: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY,

2021–2023 (USD MILLION)            120

TABLE 86              US: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY,

2024–2029 (USD MILLION)            120

TABLE 87              US: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY,

2021–2023 (TON)               120

TABLE 88              US: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY,

2024–2029 (TON)               121

TABLE 89              CANADA: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY,

2021–2023 (USD MILLION)            121

TABLE 90              CANADA: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY,

2024–2029 (USD MILLION)            122

TABLE 91              CANADA: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY,

2021–2023 (TON)               122

TABLE 92              CANADA: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY,

2024–2029 (TON)               122

TABLE 93              MEXICO: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY,

2021–2023 (USD MILLION)            123

TABLE 94              MEXICO: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY,

2024–2029 (USD MILLION)            123

TABLE 95              MEXICO: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY,

2021–2023 (TON)               124

TABLE 96              MEXICO: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY,

2024–2029 (TON)               124

TABLE 97              EUROPE: RECYCLED TEREPHTHALIC ACID MARKET, BY COUNTRY,

2021–2023 (USD MILLION)            125

TABLE 98              EUROPE: RECYCLED TEREPHTHALIC ACID MARKET, BY COUNTRY,

2024–2029 (USD MILLION)            126

TABLE 99              EUROPE: RECYCLED TEREPHTHALIC ACID MARKET, BY COUNTRY,

2021–2023 (TON)               126

TABLE 100            EUROPE: RECYCLED TEREPHTHALIC ACID MARKET, BY COUNTRY,

2024–2029 (TON)               126

TABLE 101            EUROPE: RECYCLED TEREPHTHALIC ACID MARKET, BY PROCESS,

2021–2023 (USD MILLION)            127

TABLE 102            EUROPE: RECYCLED TEREPHTHALIC ACID MARKET, BY PROCESS,

2024–2029 (USD MILLION)            127

TABLE 103            EUROPE: RECYCLED TEREPHTHALIC ACID MARKET, BY PROCESS,

2021–2023 (TON)               127

TABLE 104            EUROPE: RECYCLED TEREPHTHALIC ACID MARKET, BY PROCESS,

2024–2029 (TON)               127

TABLE 105            EUROPE: RECYCLED TEREPHTHALIC ACID MARKET, BY APPLICATION,

2021–2023 (USD MILLION)            128

TABLE 106            EUROPE: RECYCLED TEREPHTHALIC ACID MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            128

TABLE 107            EUROPE: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY,

2021–2023 (USD MILLION)            128

TABLE 108            EUROPE: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY,

2024–2029 (USD MILLION)            129

TABLE 109            EUROPE: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY,

2021–2023 (TON)               129

TABLE 110            EUROPE: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY,

2024–2029 (TON)               129

TABLE 111            GERMANY: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION)                 130

TABLE 112            GERMANY: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)                 130

TABLE 113            GERMANY: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY, 2021–2023 (TON)         131

TABLE 114            GERMANY: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY, 2024–2029 (TON)         131

TABLE 115            ITALY: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY,

2021–2023 (USD MILLION)            132

TABLE 116            ITALY: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY,

2024–2029 (USD MILLION)            132

TABLE 117            ITALY: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY,

2021–2023 (TON)               132

TABLE 118            ITALY: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY,

2024–2029 (TON)               133

TABLE 119            FRANCE: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY,

2021–2023 (USD MILLION)            133

TABLE 120            FRANCE: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY,

2024–2029 (USD MILLION)            134

TABLE 121            FRANCE: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY,

2021–2023 (TON)               134

TABLE 122            FRANCE: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY,

2024–2029 (TON)               134

TABLE 123            UK: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY,

2021–2023 (USD MILLION)            135

TABLE 124            UK: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY,

2024–2029 (USD MILLION)            135

TABLE 125            UK: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY,

2021–2023 (TON)               136

TABLE 126            UK: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY,

2024–2029 (TON)               136

TABLE 127            SPAIN: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY,

2021–2023 (USD MILLION)            137

TABLE 128            SPAIN: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY,

2024–2029 (USD MILLION)            137

TABLE 129            SPAIN: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY,

2021–2023 (TON)               137

TABLE 130            SPAIN: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY,

2024–2029 (TON)               138

TABLE 131            RUSSIA: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY,

2021–2023 (USD MILLION)            138

TABLE 132            RUSSIA: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY,

2024–2029 (USD MILLION)            139

TABLE 133            RUSSIA: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY,

2021–2023 (TON)               139

TABLE 134            RUSSIA: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY,

2024–2029 (TON)               139

TABLE 135            REST OF EUROPE: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION)            140

TABLE 136            REST OF EUROPE: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)            140

TABLE 137            REST OF EUROPE: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY, 2021–2023 (TON)                 141

TABLE 138            REST OF EUROPE: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY, 2024–2029 (TON)                 141

TABLE 139            MIDDLE EAST & AFRICA: RECYCLED TEREPHTHALIC ACID MARKET, BY COUNTRY, 2021–2023 (USD MILLION)            142

TABLE 140            MIDDLE EAST & AFRICA: RECYCLED TEREPHTHALIC ACID MARKET, BY COUNTRY, 2024–2029 (USD MILLION)            142

TABLE 141            MIDDLE EAST & AFRICA: RECYCLED TEREPHTHALIC ACID MARKET, BY COUNTRY, 2021–2023 (TON)                 142

TABLE 142            MIDDLE EAST & AFRICA: RECYCLED TEREPHTHALIC ACID MARKET, BY COUNTRY, 2024–2029 (TON)                 143

TABLE 143            MIDDLE EAST & AFRICA: RECYCLED TEREPHTHALIC ACID MARKET, BY PROCESS, 2021–2023 (USD MILLION)            143

TABLE 144            MIDDLE EAST & AFRICA: RECYCLED TEREPHTHALIC ACID MARKET, BY PROCESS, 2024–2029 (USD MILLION)            143

TABLE 145            MIDDLE EAST & AFRICA: RECYCLED TEREPHTHALIC ACID MARKET, BY PROCESS, 2021–2023 (TON)                 144

TABLE 146            MIDDLE EAST & AFRICA: RECYCLED TEREPHTHALIC ACID MARKET, BY PROCESS, 2024–2029 (TON)                 144

TABLE 147            MIDDLE EAST & AFRICA: RECYCLED TEREPHTHALIC ACID MARKET,

BY APPLICATION, 2021–2023 (USD MILLION)       144

TABLE 148            MIDDLE EAST & AFRICA: RECYCLED TEREPHTHALIC ACID MARKET,

BY APPLICATION, 2024–2029 (USD MILLION)       144

TABLE 149            MIDDLE EAST & AFRICA: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION)       145

TABLE 150            MIDDLE EAST & AFRICA: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)       145

TABLE 151            MIDDLE EAST & AFRICA: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY, 2021–2023 (TON)          145

TABLE 152            MIDDLE EAST & AFRICA: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY, 2024–2029 (TON)          146

TABLE 153            SAUDI ARABIA: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION)            147

TABLE 154            SAUDI ARABIA: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)            147

TABLE 155            SAUDI ARABIA: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY, 2021–2023 (TON)                 147

TABLE 156            SAUDI ARABIA: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY, 2024–2029 (TON)                 148

TABLE 157          UAE: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY,

2021–2023 (USD MILLION)            148

TABLE 158          UAE: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY,

2024–2029 (USD MILLION)            149

TABLE 159          UAE: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY,

2021–2023 (TON)               149

TABLE 160          UAE: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY,

2024–2029 (TON)               149

TABLE 161            REST OF GCC COUNTRIES: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION)       150

TABLE 162            REST OF GCC COUNTRIES: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)       150

TABLE 163            REST OF GCC COUNTRIES: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY, 2021–2023 (TON)          151

TABLE 164            REST OF GCC COUNTRIES: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY, 2024–2029 (TON)          151

TABLE 165            SOUTH AFRICA: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION)            152

TABLE 166            SOUTH AFRICA: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)            152

TABLE 167            SOUTH AFRICA: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY, 2021–2023 (TON)                 152

TABLE 168            SOUTH AFRICA: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY, 2024–2029 (TON)                 153

TABLE 169            REST OF MIDDLE EAST & AFRICA: RECYCLED TEREPHTHALIC ACID MARKET,

BY END-USE INDUSTRY, 2021–2023 (USD MILLION)          153

TABLE 170            REST OF MIDDLE EAST & AFRICA: RECYCLED TEREPHTHALIC ACID MARKET,

BY END-USE INDUSTRY, 2024–2029 (USD MILLION)          154

TABLE 171            REST OF MIDDLE EAST & AFRICA: RECYCLED TEREPHTHALIC ACID MARKET,

BY END-USE INDUSTRY, 2021–2023 (TON)             154

TABLE 172            REST OF MIDDLE EAST & AFRICA: RECYCLED TEREPHTHALIC ACID MARKET,

BY END-USE INDUSTRY, 2024–2029 (TON)             154

TABLE 173            SOUTH AMERICA: RECYCLED TEREPHTHALIC ACID MARKET, BY COUNTRY,

2021–2023 (USD MILLION)            155

TABLE 174            SOUTH AMERICA: RECYCLED TEREPHTHALIC ACID MARKET, BY COUNTRY,

2024–2029 (USD MILLION)            155

TABLE 175            SOUTH AMERICA: RECYCLED TEREPHTHALIC ACID MARKET, BY COUNTRY,

2021–2023 (TON)               156

TABLE 176            SOUTH AMERICA: RECYCLED TEREPHTHALIC ACID MARKET, BY COUNTRY,

2024–2029 (TON)               156

TABLE 177            SOUTH AMERICA: RECYCLED TEREPHTHALIC ACID MARKET, BY PROCESS,

2021–2023 (USD MILLION)            156

TABLE 178            SOUTH AMERICA: RECYCLED TEREPHTHALIC ACID MARKET, BY PROCESS,

2024–2029 (USD MILLION)            156

TABLE 179            SOUTH AMERICA: RECYCLED TEREPHTHALIC ACID MARKET, BY PROCESS,

2021–2023 (TON)               157

TABLE 180            SOUTH AMERICA: RECYCLED TEREPHTHALIC ACID MARKET, BY PROCESS,

2024–2029 (TON)               157

TABLE 181            SOUTH AMERICA: RECYCLED TEREPHTHALIC ACID MARKET, BY APPLICATION, 2021–2023 (USD MILLION)                 157

TABLE 182            SOUTH AMERICA: RECYCLED TEREPHTHALIC ACID MARKET, BY APPLICATION, 2024–2029 (USD MILLION)                 157

TABLE 183            SOUTH AMERICA: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION)            158

TABLE 184            SOUTH AMERICA: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)            158

TABLE 185            SOUTH AMERICA: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY, 2021–2023 (TON)                 158

TABLE 186            SOUTH AMERICA: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY, 2024–2029 (TON)                 159

TABLE 187            ARGENTINA: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION)                 159

TABLE 188            ARGENTINA: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)                 160

TABLE 189            ARGENTINA: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY, 2021–2023 (TON)         160

TABLE 190            ARGENTINA: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY, 2024–2029 (TON)         160

TABLE 191            BRAZIL: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY,

2021–2023 (USD MILLION)            161

TABLE 192            BRAZIL: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY,

2024–2029 (USD MILLION)            161

TABLE 193            BRAZIL: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY,

2021–2023 (TON)               162

TABLE 194            BRAZIL: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY,

2024–2029 (TON)               162

TABLE 195            REST OF SOUTH AMERICA: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION)       163

TABLE 196            REST OF SOUTH AMERICA: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)       163

TABLE 197            REST OF SOUTH AMERICA: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY, 2021–2023 (TON)          163

TABLE 198            REST OF SOUTH AMERICA: RECYCLED TEREPHTHALIC ACID MARKET, BY END-USE INDUSTRY, 2024–2029 (TON)          164

TABLE 199            OVERVIEW OF STRATEGIES ADOPTED BY KEY RECYCLED TEREPHTHALIC ACID MANUFACTURERS, JANUARY 2020–SEPTEMBER 2024   165

TABLE 200            RECYCLED TEREPHTHALIC ACID MARKET: DEGREE OF COMPETITION         167

TABLE 201            RECYCLED TEREPHTHALIC ACID MARKET: PROCESS FOOTPRINT   173

TABLE 202            RECYCLED TEREPHTHALIC ACID MARKET: APPLICATION FOOTPRINT         173

TABLE 203            RECYCLED TEREPHTHALIC ACID MARKET: END-USE INDUSTRY FOOTPRINT             174

TABLE 204            RECYCLED TEREPHTHALIC ACID MARKET: REGION FOOTPRINT     174

TABLE 205            RECYCLED TEREPHTHALIC ACID MARKET: DETAILED LIST OF KEY STARTUPS/SMES             177

TABLE 206            RECYCLED TEREPHTHALIC ACID MARKET: COMPETITIVE BENCHMARKING

OF KEY STARTUPS/SMES              178

TABLE 207            RECYCLED TEREPHTHALIC ACID MARKET: DEALS, JANUARY

2020–SEPTEMBER 2024   182

TABLE 208            RECYCLED TEREPHTHALIC ACID MARKET: EXPANSIONS, JANUARY

2020–SEPTEMBER 2024   184

TABLE 209            INDORAMA VENTURES PUBLIC COMPANY LIMITED: COMPANY OVERVIEW               186

TABLE 210            INDORAMA VENTURES PUBLIC COMPANY LIMITED: PRODUCTS OFFERED                187

TABLE 211            INDORAMA VENTURES PUBLIC COMPANY LIMITED: DEALS, JANUARY

2020–SEPTEMBER 2024   188

TABLE 212            INDORAMA VENTURES PUBLIC COMPANY LIMITED: EXPANSIONS,

JANUARY 2020–SEPTEMBER 2024                188

TABLE 213            INDORAMA VENTURES PUBLIC COMPANY LIMITED: OTHER DEVELOPMENTS, JANUARY 2020–SEPTEMBER 2024        189

TABLE 214            ALPEK S.A.B. DE C.V.: COMPANY OVERVIEW                 191

TABLE 215            ALPEK S.A.B. DE C.V.: PRODUCTS OFFERED                 192

TABLE 216            ALPEK S.A.B. DE C.V.: DEALS, JANUARY 2020–SEPTEMBER 2024              193

TABLE 217            ALPEK S.A.B. DE C.V.: OTHER DEVELOPMENTS, JANUARY 2020–SEPTEMBER 2024                193

TABLE 218            SUEZ: COMPANY OVERVIEW      195

TABLE 219            SUEZ: PRODUCTS OFFERED       196

TABLE 220            SUEZ: DEALS, JANUARY 2020–SEPTEMBER 2024                 197

TABLE 221            SUEZ: OTHER DEVELOPMENTS, JANUARY 2020–SEPTEMBER 2024              197

TABLE 222            ALPLA: COMPANY OVERVIEW   199

TABLE 223            ALPLA: PRODUCTS OFFERED    199

TABLE 224            ALPLA: EXPANSIONS, JANUARY 2020–SEPTEMBER 2024              200

TABLE 225            UNIFI, INC.: COMPANY OVERVIEW           202

TABLE 226            UNIFI, INC.: PRODUCTS OFFERED            203

TABLE 227            SK CHEMICALS: COMPANY OVERVIEW  204

TABLE 228            SK CHEMICALS: PRODUCTS OFFERED   205

TABLE 229            SK CHEMICALS: DEALS, JANUARY 2020–SEPTEMBER 2024              206

TABLE 230            FAR EASTERN NEW CENTURY CORPORATION: COMPANY OVERVIEW   207

TABLE 231            FAR EASTERN NEW CENTURY CORPORATION: PRODUCTS OFFERED    208

TABLE 232            FAR EASTERN NEW CENTURY CORPORATION: EXPANSIONS,

JANUARY 2020–SEPTEMBER 2024                208

TABLE 233            FAR EASTERN NEW CENTURY CORPORATION: OTHER DEVELOPMENTS,

JANUARY 2020–SEPTEMBER 2024                209

TABLE 234            BIFFA: COMPANY OVERVIEW     210

TABLE 235            BIFFA: PRODUCTS OFFERED      210

TABLE 236            BIFFA: DEALS, JANUARY 2020–SEPTEMBER 2024                 211

TABLE 237            PLASTIPAK HOLDINGS, INC.: COMPANY OVERVIEW          213

TABLE 238            PLASTIPAK HOLDINGS, INC.: PRODUCTS OFFERED             213

TABLE 239            PLASTIPAK HOLDINGS, INC.: DEALS, JANUARY 2020–SEPTEMBER 2024   214

TABLE 240            PLASTIPAK HOLDINGS, INC.: EXPANSIONS, JANUARY 2020–SEPTEMBER 2024                214

TABLE 241            VISY: COMPANY OVERVIEW        216

TABLE 242            VISY: PRODUCTS OFFERED         216

TABLE 243            MARGLEN INDUSTRIES: COMPANY OVERVIEW                 218

TABLE 244            CARBIOS: COMPANY OVERVIEW               219

TABLE 245            POLYQUEST, INC.: COMPANY OVERVIEW                 220

TABLE 246            EVERGREEN: COMPANY OVERVIEW        221

TABLE 247            DEPOLY: COMPANY OVERVIEW                222

TABLE 248            REVALYU RESOURCES GMBH: COMPANY OVERVIEW          223

TABLE 249            EKOPET: COMPANY OVERVIEW                224

TABLE 250            LOOP INDUSTRIES, INC.: COMPANY OVERVIEW                 225

TABLE 251            TERRACLE: COMPANY OVERVIEW           226

TABLE 252            INTCO: COMPANY OVERVIEW   227

TABLE 253            GOREWISE: COMPANY OVERVIEW           228

LIST OF FIGURES

FIGURE 1              RECYCLED TEREPHTHALIC ACID MARKET SEGMENTATION              26

FIGURE 2              RECYCLED TEREPHTHALIC ACID MARKET: RESEARCH DESIGN         29

FIGURE 3              MARKET SIZE ESTIMATION METHODOLOGY: SUPPLY-SIDE APPROACH             33

FIGURE 4              MARKET SIZE ESTIMATION METHODOLOGY: DEMAND-SIDE APPROACH          33

FIGURE 5              MARKET SIZE ESTIMATION METHODOLOGY: REVENUE OF MARKET PLAYERS                34

FIGURE 6              MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH              35

FIGURE 7              MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH                35

FIGURE 8              RECYCLED TEREPHTHALIC ACID MARKET: DATA TRIANGULATION                36

FIGURE 9              HYDROLYSIS SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD    40

FIGURE 10            RESINS SEGMENT TO REGISTER HIGHEST GROWTH DURING FORECAST PERIOD  41

FIGURE 11            PACKAGING SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD       42

FIGURE 12            ASIA PACIFIC ACCOUNTED FOR LARGEST MARKET SHARE IN 2023 43

FIGURE 13            GROWING USE OF RECYCLED TEREPHTHALIC ACID IN PACKAGING CREATES LUCRATIVE OPPORTUNITIES FOR MARKET PLAYERS 44

FIGURE 14            HYDROLYSIS—FASTEST-GROWING SEGMENT DURING FORECAST PERIOD       44

FIGURE 15            PACKAGING SEGMENT TO REGISTER HIGHEST GROWTH DURING

FORECAST PERIOD         45

FIGURE 16            CHINA TO REGISTER HIGHEST GROWTH DURING FORECAST PERIOD       45

FIGURE 17            RECYCLED TEREPHTHALIC ACID MARKET: DRIVERS, RESTRAINTS,

OPPORTUNITIES, AND CHALLENGES     46

FIGURE 18            USE OF GENERATIVE AI IN RECYCLED TEREPHTHALIC ACID MARKET 51

FIGURE 19            TRENDS/DISRUPTIONS INFLUENCING CUSTOMER BUSINESS   53

FIGURE 20            RECYCLED TEREPHTHALIC ACID MARKET: SUPPLY CHAIN ANALYSIS             54

FIGURE 21            RECYCLED TEREPHTHALIC ACID MARKET: INVESTMENT AND FUNDING

SCENARIO, 2020–2024 (USD MILLION)     56

FIGURE 22            AVERAGE SELLING PRICE TREND OF RECYCLED TEREPHTHALIC ACID,

BY REGION, 2021–2023 (USD/TON)           57

FIGURE 23            AVERAGE SELLING PRICE TREND OF RECYCLED TEREPHTHALIC ACID PROCESSES, BY KEY PLAYER, 2023 (USD/TON)         58

FIGURE 24            RECYCLED TEREPHTHALIC ACID MARKET: ECOSYSTEM ANALYSIS  59

FIGURE 25            PATENTS GRANTED OVER LAST 10 YEARS, 2013–2023        62

FIGURE 26            PATENT ANALYSIS, BY LEGAL STATUS, 2013–2023        63

FIGURE 27            REGIONAL ANALYSIS OF PATENTS GRANTED RELATED TO RECYCLED TEREPHTHALIC ACID, 2013–2023                 63

FIGURE 28            TOP COMPANIES WITH SUBSTANTIAL NUMBER OF PATENTS, 2013–2023 64

FIGURE 29            IMPORT DATA RELATED TO HS CODE 2917360-COMPLIANT PRODUCTS,

BY COUNTRY, 2020–2023 (USD THOUSAND)         67

FIGURE 30            EXPORT DATA RELATED TO HS CODE 2917360-COMPLIANT PRODUCTS,

BY COUNTRY, 2020–2023 (USD THOUSAND)         68

FIGURE 31            RECYCLED TEREPHTHALIC ACID MARKET: PORTER’S FIVE FORCES ANALYSIS           74

FIGURE 32            INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY END-USE INDUSTRY            76

FIGURE 33            KEY BUYING CRITERIA, BY END-USE INDUSTRY                 77

FIGURE 34            HYDROLYSIS SEGMENT TO REGISTER HIGHEST GROWTH DURING

FORECAST PERIOD         82

FIGURE 35            RESINS TO BE FASTEST-GROWING SEGMENT DURING FORECAST PERIOD       87

FIGURE 36            PACKAGING SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD          92

FIGURE 37            ASIA PACIFIC TO REGISTER HIGHEST GROWTH DURING FORECAST PERIOD       98

FIGURE 38            ASIA PACIFIC: RECYCLED TEREPHTHALIC ACID MARKET SNAPSHOT       101

FIGURE 39            NORTH AMERICA: RECYCLED TEREPHTHALIC ACID MARKET SNAPSHOT           115

FIGURE 40            EUROPE: RECYCLED TEREPHTHALIC ACID MARKET SNAPSHOT       125

FIGURE 41            RECYCLED TEREPHTHALIC ACID MARKET SHARE ANALYSIS, 2023   168

FIGURE 42            RECYCLED TEREPHTHALIC ACID MARKET: REVENUE ANALYSIS OF

KEY PLAYERS, 2020–2024 (USD BILLION)                170

FIGURE 43            RECYCLED TEREPHTHALIC ACID MARKET: COMPANY EVALUATION

MATRIX (KEY PLAYERS), 2023     171

FIGURE 44            RECYCLED TEREPHTHALIC ACID MARKET: COMPANY FOOTPRINT 172

FIGURE 45            RECYCLED TEREPHTHALIC ACID MARKET: COMPANY EVALUATION

MATRIX (STARTUPS/SMES), 2023               176

FIGURE 46            RECYCLED TEREPHTHALIC ACID MARKET: BRAND/PRODUCT

COMPARATIVE ANALYSIS            179

FIGURE 47            EV/EBITDA OF KEY MANUFACTURERS OF RECYCLED TEREPHTHALIC ACID             181

FIGURE 48            YEAR-TO-DATE (YTD) PRICE TOTAL RETURN                 181

FIGURE 49            INDORAMA VENTURES PUBLIC COMPANY LIMITED: COMPANY SNAPSHOT               187

FIGURE 50            ALPEK S.A.B. DE C.V.: COMPANY SNAPSHOT                 192

FIGURE 51            SUEZ: COMPANY SNAPSHOT      196

FIGURE 52            UNIFI, INC.: COMPANY SNAPSHOT          202

FIGURE 53            SK CHEMICALS: COMPANY SNAPSHOT  205

FIGURE 54            FAR EASTERN NEW CENTURY CORPORATION: COMPANY SNAPSHOT   207