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The PET Recycling market is a subset of the Plastics industry, focused on the reuse of polyethylene terephthalate (PET) plastic. PET is a widely used material in the production of food and beverage containers, as well as other consumer goods. The PET Recycling market is driven by the need to reduce plastic waste and conserve resources. This is achieved through the collection, sorting, and reprocessing of PET plastic. The recycled PET can then be used to create new products, such as textiles, carpets, and packaging.
The PET Recycling market is highly competitive, with a range of companies offering services such as collection, sorting, and reprocessing. Examples of companies in the market include TerraCycle, GreenMantra Technologies, and CarbonLite Industries. Show Less Read more