India Recycling PET Market is Likely to Reach INR 205 Billion by FY 2019

    DELHI, INDIA, December 02, 2014 /24-7PressRelease/ -- India Recycling PET Market Outlook to 2019 - Growth Led by Inclining PET Bottle Availability and Production Capacity summarizes:

- Future Growth of India Recycling PET Market is expected to be led by Recycled Polyester Staple Fibre
- The market leader, Reliance Industries is expected to maintain focus on enhancing production capacity to compete with other players in the industry

Ken Research announced its latest publication on "India Recycling PET Market Outlook to 2019 - Growth Led by Inclining PET Bottle Availability and Production Capacity" which provides a comprehensive analysis of the of the various aspects such as market size, segmentation and future projections of the Recycled Polyester staple Fibre, Polyester sheets/Films and Polyester straps that has been taken as key segments of the market. 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 generalizes about the required investment in setting up a recycling unit, taken all the possible factors into consideration. It also includes information on the major macroeconomic indicators affecting the market and future outlook of the recycling PET Industry in India.

The future prospects of India Recycling PET Industry are impressive on the groundwork of an increase in disposable income fueled by growth in youth population that marked an increase in the availability of post consumer recycled PET waste bottles. Driven by these trends, 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, posting sales worth INR ~ million by FY'2019. This significant growth is likely to be bestowed from its major segments in which Recycled Polyester Staple Fiber is estimated to sustain its dominance in the India's Recycling PET Market space during the outlook period FY'2015-FY'2019.

Polyester Sheets/films and Polyester Straps on the other hand are also expected to further strengthen their position in the recycling PET Industry through incessant growth in the installed production capacity, supplemented with surge in the operations under overseas markets. Furthermore, the future of the industry is anticipated to be coercing by massive surge in recycling units, coupled with rising availability of PET bottles waste which can be used for recycling. Growing PET resin demand and rising PET bottle consumption, accompanied with growth in polyester production is augmenting the revenues of the PET industry.

According to the research report "India Recycling PET Market Outlook to 2019" by Ken Research, the India Recycling PET Market is envisaged to grow at a considerable CAGR rate thus exceeding USD ~ million by FY'2019 due to the increasing number of growing youth population, widespread usage of PET bottles consumption and improvement in PET collection techniques.

"Plastic consumption in India is forecasted to reach 18.9 million tons in 2015, half of which is anticipated to be in the form of packaging and bottles. Recycling as waste management practice in India is also pushed by statutory compulsions, ecological requirements and economic considerations as well. The exceptional growth in the future is likely to be supported by growth in youth population that marked an increase in the availability of post consumer recycled PET waste bottles '' according to the Research Analyst, Ken Research.

Key Topics Covered in the Report

India Recycling PET Market
- Market Size by Value, Volume
- Market Segmentation by
- Types of Products
- By End User Industries
- Trends and Development
- Growth Drivers
- SWOT Analysis
- Government Regulations
- Competitive Landscape and Market Share
- Future Outlook
- Macro Economic Parameters
- Required Investment for Setting up Recycling PET Unit

Key Products Mentioned in the Report

Recycled PET Staple Fibre
Recycled PET sheets/Films
Recycled PET Straps

Companies Covered in the Report

Reliance Industries
Indorama Synthetics
Ganesha Ecosphere
Arora Fibres
Sun City Synthetics
Jindal Poly Films
Garware Polyester
ITW Signode
Fromm India
Maharashtra Plastics
Ruparel Poly Strap
Spearpet Private Limited

Related Report

India PET Preform Market Outlook to 2018 - Rising Demand for PET Packaging to Provide Growth Impetus

India Micro Small and Medium Enterprises Market Outlook to 2018 - Focus on Auto-Components and Plastic Manufacturing Segment.

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