The global demand for PET Foam Core Market is presumed to reach the market size of nearly USD 190.06 MN by 2030 from USD 85.32 MN in 2022 with a CAGR of 10.53% under the study period of 2022 - 2030. Regarding volume, the market was calculated XX Thousand Square Meters in 2022 and forecast to touch XX Thousand Square Meters by 2030 with a CAGR of XX% during 2023-2030.
PET foam core is a thermoplastic structural foam with a closed-cell structure. PET foam core is frequently utilized for its structural qualities, including particular shear and compression strength. It's both light and recyclable. It can also tolerate high temperatures for an extended period. PET foam core is readily heated and shaped to precise forms. PET foam improves performance, lowers costs, and increases design freedom. PET foam core is used in composite materials for prefabricated train carriage cabins, wind turbines, and nautical applications.
PET foam core is widely utilized in the building sector as a composite material for window frames, roofs, domes, gates, and doors. The increased infrastructure development expenditure will likely fuel demand for PET foam core. Depending on the end user, the PET foam core is extensively employed in transportation, wind energy, building & construction, marine engineering, packaging, and other industries, fueling the growth of the PET foam core market. The demand for PET foam core is driven by its lower cost compared to other high-performing materials like polymethacrylate and polyetherimide foams. Hence, driving PET foam core market growth.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of pet foam core. The growth and trends of PET Foam Core Industry provide a holistic approach to this study.
This section of the pet foam core market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Density
By End-Use Industry
This section covers the regional outlook, which accentuates current and future demand for the PET Foam Core market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the pet foam core market include Armacell, 3A Composites GmbH, CoreLite, Feininger (Nanjing) Energy Saving Technology Co. Ltd., DIAB International AB, Sicomin Epoxy Systems, Gurit, Cel Components S.R.L., Saertex GmbH & Co. KG, Carlier Plastiques. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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