Polyethylene Terephthalate (PET) Foam Market
Polyethylene Terephthalate (PET) Foam Market
Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Polyethylene Terephthalate (PET) Foam Market Size and Growth
The Polyethylene Terephthalate (PET) Foam market is experiencing significant growth due to rising demand in packaging and automotive sectors. The market is projected to reach approximately $750 million by 2027, fueled by innovations in sustainable materials and enhanced properties. Key trends include increased adoption in lightweight applications and environmental awareness.
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Companies Covered
(Covid 19 Impact Covered)
◍ 3A Composites
◍ Armacell International
◍ BASF
◍ Carbon-Core Corp
◍ Changzhou Tiansheng New Materials
◍ Diab Group (Ratos Ab)
◍ Gurit Holding
◍ PETro Polymer Shargh
◍ Sekisui Plastics
◍ Dow Chemical
The PET foam market features key players like 3A Composites, Armacell, and BASF, focusing on lightweight, durable applications across sectors. These companies drive market growth through innovation, product diversification, and strategic partnerships. Sales revenues: BASF - $70 billion, Gurit - $500 million, Dow Chemical - $50 billion (approx.).
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Market Segmentation
By Application
◍ Wind Energy ◍ Transportation ◍ Marine ◍ Packaging ◍ Building & Construction ◍ Others
By Product
◍ Low-density Foam ◍ High-density Foam
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Market Growth
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$ X Billion USD
