The global PET foam market, along with its applications, has witnessed a
good growth for the past few years and it is estimated to follow the same trend
in the coming years. The properties such as FST (fire, smoke, and toxicity)
properties, fully recyclable, resistance to water absorption, resistance to
corrosion and temperature & chemical resistance, under various conditions
will be the key influencing factors for the PET foam with an increased emphasis
on its different applications.
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Competitive scenarios of the key
players in the PET foam market have been discussed in detail. Leading companies of this market
with their recent developments and other strategic industry activities are
profiled in the report. The leading companies include key PET foam
manufacturers such as Armacell International S.A. (Luxembourg), 3A Composites
(Switzerland), Gurit Holding (Switzerland), DIAB Group (Sweden), BASF SE
(Germany), Changzhou Tiansheng New Materials Co. Ltd. (China), Sekisui Plastics
(Japan), Petro Polymer Shargh (Iran), Carbon-Core Corp. (U.S.), and others
regional players.
On the basis of PET foam Grade:
- Low-density
Foam
- High-density
Foam
On the basis of application:
- Wind
Energy
- Transportation
- Marine
- Packaging
- Building
& Construction
- Others
On the basis of regions:
- North
America
- Europe
- Asia-Pacific
- Middle
East & Africa
- RoW
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The market is experiencing a higher growth in the Asia-Pacific and North
American regions due to the increase in end-user demand and is expected to
continue in the near future. The Asia-Pacific region is the major market that
accounted for 35.76% of global market demand by volume market size in 2014.
The wind energy application accounted for the major share of the total
PET foam market in 2014. The wind energy, transportation, marine, packaging,
and building & construction applications are projected to be growing
applications in the market. The drivers of the PET foam industry include
recovery in the marine market, promising wind energy market, and growing
penetration in the end-user industries due to increase in demand for energy and
other products from the increasing population along with their purchasing
ability in emerging countries such as China, India, and Brazil. Market data for
all the applications of PET foam is given in the study with respect to volume
as well as value. The data is based on the demand for all the application.
Asia-Pacific accounted for the largest share of the market.
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This study basically aims to estimate the global market of PET foams for
2015 and to project its demand by 2020. It provides a detailed qualitative and
quantitative analysis of the global market. Various secondary sources such as
directories, industry journals, and databases are used to identify and collect
information useful for this extensive commercial study. The primary sources
that include industry experts from related industries and suppliers have been
interviewed to obtain and verify critical information as well as to assess the future
prospects of the market.
Scope of the report
The global market is segment as follows:
The global PET foam market has been covered in detail in this report. To
provide an all-round picture, the current market demand and forecasts have also
been included.
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