Our latest analysis of the market in 2017 was based on a wide-ranging programme of interviews and discussions with participants throughout the PET recycling chain, including compliance agencies, reclaimers, traders and end users. This research points to a turn-around in market prospects, with a shift towards greater emphasis on sustainability as opposed to solely on economics.
Our full report includes analysis on the virgin and RPET markets, pricing, collection, reclamation and end use market balance; providing data from 2017 that enables us to forecast out to 2022. You can access an extract of the study from this page today by completing the form.
From excess supply to supply challenges
With exceptionally good weather in Europe boosting demand and capacity outages affecting output, the European virgin PET resin market environment has quickly changed from one of excess supply to supply challenges. And with recycling firmly in the spotlight and sustainability squarely on the corporate agenda, demand for RPET is rising.
But stagnating collection rates in many of the region's markets and the continuing decline in bale quality, means there are considerable challenges ahead.