Recycled polyester fiber is made by recycling post-consumer PET bottles. PET stands for polyethylene terephthalate, the most common form of plastic used in beverage containers. When the bottles are recycled and processed, they turn into a fiber that can be woven into fabric. This fabric is remarkably durable and has excellent wicking properties.
Recycled polyester fibers are used extensively in industries where durability and stain-resistance are important, such as clothing manufacturing, upholstery, carpeting, and automotive interiors. The process of making recycled polyester fiber from used PET bottles requires only four key steps: grinding, washing, melting and spinning into fibers. The process of creating recycled polyester fiber starts by collecting used plastic bottles. This material is then heated and stretched into a continuous strand, which is then spun into yarn that can be woven into fabric. The demand for recycled polyester fiber is on the rise because it is sustainable and eco-friendly.
Recycling polyester fiber is a great way to use recycled materials and keep them out of landfills. It also has many benefits, including reducing water usage and energy use as well as increasing sustainability.
Uses and Benefit of Starting Recycled Polyester Fiber Business
Recycled polyester fiber is a great material for making clothes. It is highly durable and can be made in a variety of weights and textures. Which makes it an attractive option for designers. Recycled polyester fiber is made by recycling used plastic bottles into usable fibers for clothing, furniture, or any other product that requires a cloth-like material. After the fabric is made, it can be cut to whatever size needed and sewn together to make whatever final product you desire or used to create other products such as insulation, packaging and even automobile tires. Recycling plastic bottles is a great way to reduce your environmental impact. So, why not use them for more than one purpose? Polyester fiber can be produced by recycling used PET bottles. With the rising popularity of eco-friendly items, this is a cost-effective and sustainable business idea that will allow you to do something good for the planet and make money at the same time!
Global Market Outlook
Recycled Polyester Fiber Market In 2022: The Recycled Polyester Fiber market revenue was Million USD in 2016, grew to Million USD in 2020, and will reach Million USD in 2029, with a CAGR of during 2020-2029. North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Recycled Polyester Fiber. The market in North America is expected to grow considerably during the forecast period. The high adoption of advanced technology and the presence of large players in this region are likely to create ample growth opportunities for the market.
PET bottles are the most common form of plastic used for soft drinks and water. In the United States alone, we throw away about 2.5 million tons of plastic every year, and about half of this is in the form of PET bottles that can be recycled into fiber for clothing. This same process has already been done in countries like Japan and Italy which have a high recycling rate. However, recycled polyester fiber can be created by turning old plastic bottles into a raw material for production. This will create jobs and reduce waste in our landfills!
Recycling plastics is not just a great way to make use of the 10.3 billion tons of plastic that are currently in existence but also a lucrative opportunity for entrepreneurs. In fact, recycled polyester fiber from used PET bottles could be worth as much as $1 billion annually, which means there are plenty of opportunities to entrepreneur and invest in this business.
· Textile Fiber Joint Stock Company
· Bombay Dyeing
· Reliance Industries Limited
· Unifi Inc.
· PetroVietnam Petrochemical
· Indorama Corporation
· Stein Fibers, Ltd.
· China National Petroleum Corporation
· Huvis Corporation
· Xinda Corp.
· W. Barnet GmbH and Co. KG
· Diuou Fibre (M) Sdn Bhd.
· Toray Chemical Korea, Inc.
· S.A.B. de C.V.