Global PET Foam Market Analysis,share, size, trends 2020 by SMR

Global PET Foam Market Analysis,share, size, trends 2020 by SMR

Published By: Syndicate Market Research

PET Foam Market - Global Industry Perspective, Comprehensive
Analysis and Forecast, 2014 – 2020

Joel John
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PET Foam Market

(Polyethylene terephthalate) PET foams possess different mechanical properties and high temperature
dimensional stability. It is used in different application areas such as packaging, thermal insulating, wind
energy, marine, transportation and building and construction applications. It is widely used as lightweight
recyclable thermoplast. PET foam fallows great number of possibilities as a core material. The wellknown core materials in the industry are SAN, PVC, and PMI foams, also honeycombs and balsa. PET
foam is lightweight, flexible, offers a great compressive strength and is temperature resistant.
Polyethylene Terephthalate (PET) Foam Market is mainly driven by increasing demand for the
penetration from various end applications like marine and wind energy application. The rising demand
across various application sectors such as transportation, marine, packaging, and building &
construction. The Asia-Pacific region is the fastest-growing segment of the PET foam market. One of the
major influencing factors for the growth of the global PET foam market is the upsurge in sales of end
products owing to the increasing demand and spending by the growing population in the emerging
countries such as China, India and Brazil among others. In addition, the volatile growth of the wind
energy segment is in turn to improve the growth of the PET foam market as PET foams fulfill the wind
energy’s demand for strength, low cost and light weight.
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