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Global PET Foam Market Size – Forecasts to 2026

PET Foam Market

PET Foam Market

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.

Browse the 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: Yash Jain
Email address: yash.jain@globalmarketestimates.com
Phone Number: +16026667238
Website: https://www.globalmarketestimates.com/
Check our Latest Blogs: https://www.globalmarketestimates.com/blog-posts.php

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Global Market Estimates is an India based market research and consulting company. The company provides syndicated research reports, customised research reports and consulting services to their clients and helps them achieve their business goals on a commercial level. Global Market Estimates database is used by the world's well known and prolific academic institutions and Fortune 500 companies to understand the global and regional business environment to excel in their business goals.

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