Post COVID Impact On PET Foam Market by 2027 Major Market Players Are Armacell International SA, 3A Composites, Gurit Holding

The PET foam market is projected to grow from USD 316 million in 2020 to USD 480 million by 2026, at a CAGR of 7.2% from 2020 to 2026. According to this latest study, the 2021 growth of PET Foam will have significant change from the previous year. The PET foam market is projected to grow from USD in the year to USD, at a CAGR of 7.2%. The PET foam market growth is predicted to be majorly obsessed by the growing economies of the Asia Pacific region. The growing request for PET foam from the wind energy, marine, and packaging end-use industries in China, India, Japan, and Australia is heavy the market growth of PET foam in the Asia Pacific region.

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COVID-19 Impact on the Global PET foam Market
The widespread is expected to damage various factors of the value chain of the PET foam market, which is expected to reflect during the forecast period, The various impact of COVID-19 are as follows:

Impact on wind energy industry: Amid the COVID-2019 pandemic, travel bans, disrupted supply chains, and deferred maintenance takes causes chaos in global wind energy manufacturing. The global wind energy volume influences have been overstated, reducing the request for PET foam and other core materials in 2020.

The locked-down conditions, safety guidelines, and flexibility restrictions disturbed supply chains and temporarily overdue the construction of renewable energy connections particularly aground wind and solar PV in the global market, according to the data provided by International Energy Agency (IEA). Thus, affected the growth of the PET foam in wind energy submission.

Key Market Players
Armacell International SA, 3A Composites, Gurit Holding, DIAB Group, Changzhou Tiansheng New Materials Co. Ltd, Sekisui Plastics, Petro Polymer Shargh are some of the important players operating in the PET foam market. These players have accepted plans such as agreements, partnerships & joint ventures, new product & technology launches, and expansions to improve their business revenue and market share. The growth of manufacturing plants and offices worldwide is the important plan accepted by these corporations to provide to the increasing demand for PET foam.

Market Segmentation
by type
Virgin PET
Recycled PET

by Application
Wind Energy
Transportation
Marine
Building & Construction
Packaging
Others (Industrial, healthcare, and sporting goods)

by Grade
Low-density
High-density

Wind energy is slowly becoming an inexpensive industry due to the growth in imaginations taken by various governments and energy managers to expand their energy mix and defend the economy from macroeconomic doubts like the volatile prices of fossil fuels. Wind energy is a viable option for electricity generation and can be applied as a cost-effective resource. Many government activities worldwide have taken events to reduce the production of harmful greenhouse gases (GHGs) and reorganize their energy systems to increase the use of renewable sources

There are numerous core foams available in the market, such as Polyvinyl Chloride (PVC), Styrene Acrylonitrile (SAN), Polymethacrylimide (PM), and Polyetherimide (PEI). These foams are easy to procedure and shape and offer an outstanding strength-to-weight ratio.

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Table of Contents:
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered

2 Executive Summary
2.1 World Market Overview
2.1.1 Global PET Foam Market Size 2016-2026
2.1.2 PET Foam Market Size CAGR by Region 2020 VS 2021 VS 2026
2.2 PET Foam Segment by Type
2.2.1 Virgin PET
2.2.2 Recycled PET
2.3 PET Foam Market Size by Type
2.3.1 Global PET Foam Market Size CAGR by Type
2.3.2 Global PET Foam Market Size Market Share by Type (2016-2021)
2.4 PET Foam Segment by Application
2.4.1 Wind Energy
2.4.2 Transportation
2.4.3 Marine
2.4.4 Building & Construction
2.4.5 Packaging
2.4.6 Others (Industrial, healthcare, and sporting goods)
2.5 PET Foam Market Size by Application
2.5.1 Global PET Foam Market Size CAGR by Application
2.5.2 Global PET Foam Market Size Market Share by Application (2016-2021)
2.6 PET Foam Segment by Application
2.6.1 Low-density
2.6.2 High-density
2.7 PET Foam Market Size by Application
2.7.1 Global PET Foam Market Size CAGR by Application
2.7.2 Global PET Foam Market Size Market Share by Application (2016-2021)

3 PET Foam Market Size by Players
3.1 PET Foam Market Size Market Share by Players
3.1.1 Global PET Foam Revenue by Players (2019-2021E)
3.1.2 Global PET Foam Revenue Market Share by Players (2019-2021E)
3.2 Global PET Foam Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) (2019-2021E)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion

4 PET Foam by Regions
4.1 PET Foam Market Size by Regions (2016-2021)
4.2 Americas PET Foam Market Size Growth (2016-2021)
4.3 APAC PET Foam Market Size Growth (2016-2021)
4.4 Europe PET Foam Market Size Growth (2016-2021)
4.5 Middle East & Africa PET Foam Market Size Growth (2016-2021)

5 Americas
5.1 Americas PET Foam Market Size by Country (2016-2021)
5.2 Americas PET Foam Market Size by Type (2016-2021)
5.3 Americas PET Foam Market Size by Application (2016-2021)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil

6 APAC
6.1 APAC PET Foam Market Size by Region (2016-2021)
6.2 APAC PET Foam Market Size by Type (2016-2021)
6.3 APAC PET Foam Market Size by Application (2016-2021)
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia

7 Europe
7.1 Europe PET Foam by Country (2016-2021)
7.2 Europe PET Foam Market Size by Type (2016-2021)
7.3 Europe PET Foam Market Size by Application (2016-2021)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia

8 Middle East & Africa
8.1 Middle East & Africa PET Foam by Region (2016-2021)
8.2 Middle East & Africa PET Foam Market Size by Type (2016-2021)
8.3 Middle East & Africa PET Foam Market Size by Application (2016-2021)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries

9 Market Drivers, Challenges and Trends
9.1 Market Drivers and Impact
9.1.1 Growing Demand from Key Regions
9.1.2 Growing Demand from Key Applications and Potential Industries
9.2 Market Challenges and Impact
9.3 Market Trends

10 Global PET Foam Market Forecast
10.1 Global PET Foam Forecast by Regions (2021-2026)
10.1.1 Global PET Foam Forecast by Regions (2021-2026)
10.1.2 Americas PET Foam Forecast
10.1.3 APAC PET Foam Forecast
10.1.4 Europe PET Foam Forecast
10.1.5 Middle East & Africa PET Foam Forecast
10.2 Americas PET Foam Forecast by Countries (2021-2026)
10.2.1 United States PET Foam Market Forecast
10.2.2 Canada PET Foam Market Forecast
10.2.3 Mexico PET Foam Market Forecast
10.2.4 Brazil PET Foam Market Forecast
10.3 APAC PET Foam Forecast by Region (2021-2026)
10.3.1 China PET Foam Market Forecast
10.3.2 Japan PET Foam Market Forecast
10.3.3 Korea PET Foam Market Forecast
10.3.4 Southeast Asia PET Foam Market Forecast
10.3.5 India PET Foam Market Forecast
10.3.6 Australia PET Foam Market Forecast
10.4 Europe PET Foam Forecast by Country (2021-2026)
10.4.1 Germany PET Foam Market Forecast
10.4.2 France PET Foam Market Forecast
10.4.3 UK PET Foam Market Forecast
10.4.4 Italy PET Foam Market Forecast
10.4.5 Russia PET Foam Market Forecast
10.5 Middle East & Africa PET Foam Forecast by Region (2021-2026)
10.5.1 Egypt PET Foam Market Forecast
10.5.2 South Africa PET Foam Market Forecast
10.5.3 Israel PET Foam Market Forecast
10.5.4 Turkey PET Foam Market Forecast
10.5.5 GCC Countries PET Foam Market Forecast
10.6 Global PET Foam Forecast by Type (2021-2026)
10.7 Global PET Foam Forecast by Application (2021-2026)

11 Key Players Analysis
11.1 Armacell International SA (Luxembourg)
11.1.1 Armacell International SA (Luxembourg) Company Information
11.1.2 Armacell International SA (Luxembourg) PET Foam Product Offered
11.1.3 Armacell International SA (Luxembourg) PET Foam Revenue, Gross Margin and Market Share (2019-2021)
11.1.4 Armacell International SA (Luxembourg) Main Business Overview
11.1.5 Armacell International SA (Luxembourg) Latest Developments
11.2 3A Composites (Switzerland)
11.3 Gurit Holding (Switzerland)
11.4 DIAB Group (Sweden)
11.5 Changzhou Tiansheng New Materials Co. Ltd (China)
11.6 Sekisui Plastics (Japan)
11.7 Petro Polymer Shargh (Iran)
11.8 Carbon-Core Corp. (US)
12 Research Findings and Conclusion

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