PET foams are known for remarkable characteristics including mechanical and anti-fatigue features along with stable chemical, low water absorption and other such characteristics. Such foam is produced with the help of transesterification reaction possessing properties such as fire prevention, anti-virus, smoke-proof, and others. Rising demand of PET Foam application bases is expected to stipulate the growth of the market.
MARKET DYNAMICS
The PET Foam market has witnessed a significant growth owing to factors such growth of end use industries. Moreover, rising demand for lightweight vehicles provides a huge market opportunity for the key players operating in the PET Foam market. However, growing competition from alternative productsis projected to hamper the overall growth of the PET Foam market.
MARKET SCOPE
The "Global PET Foam Market Analysis to 2028" is a specialized and in-depth study of the chemical and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the PET Foam market with detailed market segmentation by raw material, grade, and application and geography. The global PET Foam market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading PET Foam market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global PET Foam market is segmented on the basis of raw material, grade, and application. On the basis of raw material, the PET Foam market is segmented into Virgin PET and Recycled PET. Based on grade, the global PET Foam market is divided low-density and high-density. On the basis of chelate type, the PET foam market is segmented into wind energy, transportation, marine, building and construction, packaging and others
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global PET Foam market based on various segments. It also provides marketsize and forecast estimates from the year 2020to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The PET Foam market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the PET Foam market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the PET Foam market in these regions.
MARKET PLAYERS
The reports cover key developments in the PET Foam market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The marketpayers fromPET Foam market is anticipated to lucrative growth opportunities in the future with the rising demand for PET Foam in the global market. Below mentioned is the list of few companies engaged in the PET Foam market.
The report also includes the profiles of key companies along with their SWOT analysis and marketstrategies in the PET Foam market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- 3A Composites
- Armacell International SA
- Carbon-Core Corp.
- Changzhou Tiansheng New Materials Co. Ltd
- CoreLite, Inc.
- DIAB Group
- Gurit Holding
- Huntsman International LLC
- Petro Polymer Shargh
- Sekisui Plastics
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.