The findings reviewed by GME stated that the Global PET Foam Market will expand with a CAGR value of 7.2%. Increasing demand for lightweight materials to increase the fuel efficiency of automobiles has increased the demand for PET foam in the automobile industry. The growing demand for cleaner energy has resulted in countries turning towards wind energy as the solution, where PET foam is used extensively in the wind energy industry. This changed trend has also contributed to the growth of the PET foam market.
Browse 159 Market Data Tables and 119 Figures
spread through 189 Pages and in-depth TOC on "PET Foam Market - Forecast to 2026"
https://www.globalmarketestimates.com/market-report/global-pet-foam-market-2794
By Raw
Material (Virgin PET, and Recycled PET), By Grade (Low-Density, and
High-Density), By Application (Wind Energy, Transportation, Marine, Building
& Construction, Packaging, Others [Industrial, Healthcare, and Sporting
Goods]), By Region (North America, Asia Pacific, CSA, Europe, and the Middle
East and Africa); End-User Landscape, Company Market Share Analysis &
Competitor Analysis
Key Market Insights
·
PET foam is a type of thermoplastic that is
durable, lightweight, corrosion-resistant, temperature-resistant, and chemical
resistant.
·
The increasing
investments in promoting cleaner energy have increased the demand for wind
energy farms and as wind turbines are created using PET foam, the demand for
PET foam has also increased.
·
In terms of market size or market value, the
largest shareholder was the low-density PET foam segment in 2020 in the market.
·
3A Composites (Switzerland), Armacell
International SA (Luxembourg), Gurit Holding (Switzerland), Changzhou Tiansheng
New Materials Co. Ltd (China), DIAB Group (Sweden), Sekisui Plastics (Japan),
Carbon-Core Corp. (US), and Petro Polymer Shargh (Iran), among others, are the
major vendors competing in the PET foam market.
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Report @ https://www.globalmarketestimates.com/market-report/global-pet-foam-market-2794
Raw Materials Outlook (Revenue, USD Billion,
2021-2026)
·
Virgin PET
·
Recycled PET
Grade Outlook (Revenue, USD Billion,
2021-2026)
·
Low-Density
·
High-Density
Application Outlook (Revenue, USD Billion,
2021-2026)
·
Wind Energy
·
Transportation
·
Marine
·
Building &
Construction
·
Packaging
·
Others (Industrial,
Healthcare, and Sporting Goods)
Regional Outlook
(Revenue, USD Billion, 2021-2026)
North America
- The U.S.
- Canada
- Mexico
Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
Asia Pacific
- China
- India
- Japan
- South Korea
- Australia
- Rest of APAC
Central
& South America
- Brazil
- Argentina
- Rest of CSA
Middle
East & Africa
- Saudi Arabia
- UAE
- Rest of MEA
Contact:
Tracy Simon
Email address: tracy.simon@globalmarketestimates.com
Phone
Number: +16026667238
Website:
https://www.globalmarketestimates.com/
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