PET Foam Market Will Rise Due to Increasing Demand

New York, Global PET Foam Market report from Global Insight Services is the single authoritative source of intelligence on PET Foam Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

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PET foam is a type of polyurethane foam that is made from recycled polyethylene terephthalate (PET) bottles. It is a lightweight, strong, and durable material that is often used in packaging and construction applications. PET foam is also known for its good insulation properties and its ability to resist moisture.

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.

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.

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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

Key Players
• Armacell International SA
• 3A Composites
• Gurit Holding
• DIAB Group
• Changzhou Tiansheng New Materials Co. Ltd
• Sekisui Plastics

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This release was published on openPR.

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