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PET Foam Market

  • ID: 5388181
  • Report
  • March 2021
  • Region: Global
  • 240 pages
  • Qualiket Research

FEATURED COMPANIES

  • 3A Composites
  • Armacell International
  • Carbon Core Corporation
  • DIAB Group
  • Gurit Holding
  • Sekisui Plastics. Co. Ltd
  • MORE
PET Foam Market

PET foam market is expected to grow from USD 175.38 million in 2019 to USD 335.96 million by 2027, at a Compound Annual Growth Rate (CAGR) of 11.44%.

PET foam is a type of foam core and the newest structural core materials in the composite industry. Polyethylene terephthalate (PET) is a thermoplastic polymer resin of the polyester family, used in the manufacturing of PET foam. PET foam is unique core material as it is lightweight, 100% recyclable and sustainable, thermoformable, high temperature resistant, and has good Flame, Smoke & Toxicity (FST) properties. Due to its high sustainability and high mechanical properties, PET foam is steadily substituting traditional core materials such as PVC, Balsa, SAN and others. PET foam is used in various end-use industries such as wind energy, transportation, marine, packaging, building and construction, and other applications

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Market Drivers:

The market for PET foam has grown significantly in past few years, owing to increasing demand from end-use industries, as a potential substitute for PVC, Balsa, SAN and other core materials. Major driving factors include high demand from wind energy industry, and growing adoption of recyclable and sustainable core materials. Also, increasing adoption in various end-use industries such as packaging, building and construction would offer more opportunities in this market. However, availability of substitute for PET foam could pose as a major challenge in this market.

Market Dynamics:

DRIVERS: INCREASING DEMAND FOR STRUCTURALLY-SOUND CORE MATERIALS FOR WIND ENERGY APPLICATIONS

Governments across the globe are actively looking for ways to diverse the energy mix and to protect the world economy from concerns related to highly depleting natural resources. Many countries around the world are making efforts to restructure their energy infrastructures, to increase the use of renewable sources for energy production. With an increase in initiatives taken by the governments, energy experts and environment agencies, wind energy industry is gaining momentum.

OPPORTUNITIES: INCREASING DEMAND FROM PACKAGING, BUILDING & CONSTRUCTION APPLICATIONS

The emergence of PET foam has taken the core materials to a new dimension. PET is majorly used as a primary material for all beverages and water bottles. PET foam is of huge demand for packaging, building and construction applications. It is suitable for food packaging, and bakery containers, as it can retain its shape at high temperatures without losing flexural stiffness.

CHALLENGES: AVAILABILITY OF SUBSTITUTE CORE MATERIALS

Although PET foam is in high demand in the composite industry, the availability of substitute products such as PVC, Balsa and other core materials, is of great challenge. PVC accounts for nearly 50%of market share, among the foam core materials. PVC foams are been used as the most common core materials since few decades, as they are closed-cell, moisture resistant, and have good physical properties.

Key Market Players:

The leading players of the global PET Foam market include Armacell International, DIAB Group, Gurit Holding, 3A Composites, Sekisui Plastics. Co. Ltd, Carbon Core Corporation, and Others

The scope of this study covers analysis of PET foam by grades such as low-density PET foam and high-density PET foam and their market adoption across various applications and region. The report also covers analysis ofapplication industries such as wind energy, transportation, marine, packaging, building and construction, where PET foam is widely used. The regional analysis includes PET foam adoption across North America, Europe, Asia-Pacific (APAC), Middle East & Africa (MEA) and Latin America.

Market Taxonomy

By Type
  • Low-Density PET Foam
  • High-Density PET Foam
By Application
  • Wind Energy
  • Transportation
  • Marine
  • Packaging
  • Building
  • Construction
By Region
  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa
Key Questions Addressed by the Report
  • What are the Key Opportunities in Global PET Foam Market?
  • What will be the growth rate from 2019 to 2027?
  • Which segment/region will have highest growth?
  • What are the factors that will impact/drive the Market?
  • What is the competitive Landscape in the Industry?
  • What is the role of key players in the value chain?
  • What are the strategies adopted by key players?
PET Foam Market ,PET Foam Industry,PET Foam Market Size,PET Foam Market Share,PET Foam Market Trend,PET Foam Market Growth
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • 3A Composites
  • Armacell International
  • Carbon Core Corporation
  • DIAB Group
  • Gurit Holding
  • Sekisui Plastics. Co. Ltd
  • MORE
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope

2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources

3 Executive Summary

4 Global PET Foam Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis

5 Global PET Foam Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global PET Foam Market Share Analysis, By Type
5.3 Global PET Foam Market Size and Forecast, By Type
5.3.1 Low-Density PET Foam
5.3.2 High- Density PET Foam

6 Global PET Foam Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global PET Foam Market Share Analysis, By Application
6.3 Global PET Foam Market Size and Forecast, By Application
6.3.1 Wind Energy
6.3.2 Transportation
6.3.3 Marine
6.3.4 Packaging
6.3.5. Building
6.3.6 Construction

7 Global PET Foam Market, By Region
7.1 Global PET Foam Market Share Analysis, By Region
7.2 Global PET Foam Market Share Analysis, By Region
7.3 Global PET Foam Market Size and Forecast, By Region

8 North America PET Foam Market Analysis and Forecast (2017 – 2027)
8.1 Introduction
8.2 North America PET Foam Market Share Analysis, By Type
8.3 North America PET Foam Market Size and Forecast, By Application
8.4 North America PET Foam Market Size and Forecast, By Country
8.4.1 U.S
8.4.2 Canada
8.4.3 Mexico

9 Europe PET Foam Market Analysis and Forecast (2017 – 2027)
9.1 Introduction
9.2 Europe PET Foam Market Share Analysis, By Type
9.3 Europe PET Foam Market Size and Forecast, By Application
9.4 Europe PET Foam Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4. Rest of Europe

10 Asia Pacific PET Foam Market Analysis and Forecast (2017 – 2027)
10.1 Introduction
10.2 Asia Pacific PET Foam Market Share Analysis, By Type
10.3 Asia Pacific PET Foam Market Size and Forecast, By Application
10.4 Asia Pacific PET Foam Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4 Rest of Asia Pacific

11 Latin America PET Foam Market Analysis and Forecast (2017 – 2027)
11.1 Introduction
11.2 Latin America PET Foam Market Share Analysis, By Type
11.3 Latin America PET Foam Market Size and Forecast, By Application
11.4 Latin America PET Foam Market Size and Forecast, By Country

12 Middle East PET Foam Market Analysis and Forecast (2017 – 2027)
12.1 Introduction
12.2 Middle East PET Foam Market Share Analysis, By Type
12.3 Middle East PET Foam Market Size and Forecast, By Application
12.4 Middle East PET Foam Market Size and Forecast, By Country

13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies

14 Company Profiles
15.1 Armacell International
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 DIAB Group
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Gurit Holding
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 3. A Composites
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Sekisui Plastics. Co. Ltd
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Carbon Core Corporation
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Others
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Armacell International
  • DIAB Group
  • Gurit Holding
  • 3A Composites
  • Sekisui Plastics. Co. Ltd
  • Carbon Core Corporation
Note: Product cover images may vary from those shown
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