India Recycling PET
Market Outlook to 2019 – Growth Led by Inclining PET Bottle Availability and
Production Capacity provides a comprehensive analysis of the of the
various aspects such as market size, segmentation by end uses and future
projections of the Recycled Polyester staple Fiber, Polyester sheets/Films and
Polyester straps. This report also offers prevalent trends and developments in
India Recycling PET Industry, Government regulations, growth drivers and SWOT
analysis of the Industry. The report also covers the market share of major
players operating in India recycling industry for each particular segment.
Moreover, the report also provides insights on the typical required investment
in setting up a recycling unit taken all the possible factors into
consideration. It also includes information on the major macro-economic
indicators affecting the market and future outlook of the recycling PET Industry
in India.
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| India Recycling PET Market |
The concern for Recycled PET (RPET) has escalated in the
recent years. PET bottles, which form the major market of PET packaging resin
(94%), are the most important from the point of recycling. More than 90% of PET
is consumed in food packaging with drinks/beverages forming almost 80% of the
food packaging segment. Since drinks and beverages are consumed mostly in
residential houses, railway stations, restaurants, entertainment venues,
airports and other public places, the importance of organized collection and
recycling of post-consumer PET bottles needs to be over emphasized.
It has been witnessed that the recycling of PET has been
widely growing in India majorly during the last couple of years. Besides the
markets for bottle-to-bottle recycling, more and more of PET are being used in
the manufacture of fibers, PET sheets and PET straps. Currently, it has been
observed that the textile fibers and filaments industries account for above ~%
of the overall recycled polyester demand. Further growth in this segment is
limited owing to lower profit margins, which are augmenting the usage of
recycled PET into the food and nonfood containers, industrial yarn, mono
filaments, strapping, film, sheet, and building materials such as foam boards
which are becoming the targeted end markets for recycled PET flakes.
India Recycling PET Industry includes Recycled PET Staple Fiber,
Recycled PET straps and Recycled PET Sheets/Films. In FY’2013, driven by the
growing demand for PET flakes as well as surge in the production of fibers and
sheets, has increased the recycled PET market revenues by ~% compared to
FY’2012. This positioned the market revenues at INR ~ million, which escalated
in the successive year to INR ~ million, by growing at an annual growth rate of
29.9% relative to FY’2013.
The recycling PET industry in India has been largely
dominated by the PET Staple fiber segment which contributed massive share of ~%
in the overall revenues of the recycling industry during FY’2014. The staple
fiber segment has traditionally dominated the recycling PET industry both in
terms of production volume and revenue. In terms of revenues, Polyester sheet
has been the second largest market of the recycled PET industry which
contributed a nominal share of ~% during FY’2014. The reason for contributing a
low share has been primarily due to PET sheets being a quality sensitive
product wherein the producers largely use virgin polyester in order to
manufacture PET sheets/films. PET Straps has been the third largest market of
recycled PET Industry in terms of revenues, while it has been the second
largest market in terms of production volume. PET Straps contributed a smaller
share of ~% during FY’2014 due to the fact that the production of PET strap has
been relatively lower.
The recycling PET industry in the future is anticipated to
follow the same momentum by growing at a sizeable CAGR of ~% during the period
FY’2014-FY’2019 and will post the sales worth INR ~ million by FY’2019. Recycled
Polyester Staple Fiber (RPSF) market in India during the year FY’2014 has been
dominated by Reliance Industries that commanded a market share of ~% with the
total RPSF sales registered at ~ Tons during FY’2014
Key Topics Covered in the Report:
·
The
market size of the India PET market
·
Value
Chain Analysis of Recycling PET Market
·
The
market size of the India Recycling PET market
·
Market
segmentation of the Recycling PET market on the basis of types of products.
·
The
market size of the PET Staple Fiber, Recycled PET Staple Fiber, PET Sheets, Recycled
PET Sheets, PET Straps, Recycled PET Straps
·
Trends
and Development in the India Recycling PET market
·
Growth
Drivers for each type of Product
·
End
user Applications for each type of Product
·
SWOT
Analysis of India Recycling PET market
·
Required
Investment in setting a recycling PET waste plant
·
Competitive
landscape and detailed company profiles of the major manufacturers of recycling
PET market in India.
·
Future
outlook and projections of the India Recycling PET Market – recycled polyester
staple Fiber, recycled Polyester straps and recycled Polyester sheets on the
basis of revenues in the India.
