Press release
PET Foam Market By Application, End-User And Geography - Forecast To 2031 | BASF SE, DIAB Group, Gurit Holding
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Key Trends
One of the most important trends in PET foam technology is the development of more environmentally-friendly foams. Traditional PET foams are made with toxic chemicals and release harmful emissions when they are produced. However, new types of PET foams are being developed that are made with safer, more environmentally-friendly chemicals. These new foams are less harmful to the environment and are also more biodegradable than traditional PET foams.
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Another important trend in PET foam technology is the use of recycled materials in foam production. Recycled PET can be used to create new foams that have the same performance characteristics as traditional foams but are much more environmentally-friendly. Using recycled materials in foam production helps to reduce waste and can also help to lower the cost of foam production.
Key Drivers
The PET Foam market is driven by several factors, including the increasing demand for energy-efficient and lightweight construction materials, the growing automotive industry, and the need for recyclable and sustainable packaging materials.
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Market Segments
By Raw Material
Virgin PET
Recycled PET
By Grade
Low-density
High-density
By Application
Wind Energy
Transportation
Marine
Building & Construction
Packaging
Others
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Key Players
Armacell International SA
3A Composites
Gurit Holding
DIAB Group
Changzhou Tiansheng New Materials Co. Ltd
Sekisui Plastics
Petro Polymer Shargh
Carbon-Core Corp.
BASF SE
Huntsman International LLC
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