PUBLISHER: Lucintel | PRODUCT CODE: 1153978
PUBLISHER: Lucintel | PRODUCT CODE: 1153978
PET Foam Core Market Trends and Forecast
The future of the PET foam core market looks promising with opportunities in the wind energy, transportation, and building & construction end uses. The global PET foam core market is expected to reach an estimated $210.2 million by 2027 with a CAGR of 4.9% from 2021 to 2027. The major drivers for this market are growing use of lightweight materials in the end use industries and substitution of PVC and SAN with PET foam core due to its recyclability.
Evolution of PET Foam Core Opportunities
PET foam core opportunities have evolved through a number of stages as presented in the figure below:
Emerging Trends in the PET Foam Core Market
Emerging trends, which have a direct impact on the dynamics of the industry, includes recycled pet garbage as raw material for pet foam core production and development of multi-density pet cores with improved strength.
A total of 107 figures / charts and 68 tables are provided in this 205-page report to help in your business decisions. Learn the scope of benefits, companies researched, and other details of the PET foam core market report.
PET Foam Core Market by Segment
PET Foam Core Market by End Use [Value ($M) and Volume (KT) shipment analysis for 2016 - 2027]:
PET Foam Core Market by Region [Value ($M) and volume (KT) shipment analysis for 2016 - 2027]:
List of PET Foam Core Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies PET foam core companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the PET foam core companies profiled in this report includes.
PET Foam Core Market Insight
Features of PET Foam Core Market
FAQ
Q1. What is the PET foam core market size?
Answer: The global PET foam core market is expected to reach an estimated $210.2 million by 2027.
Q2. What is the growth forecast for PET foam core market?
Answer: The PET foam core market is expected to grow at a CAGR of 4.9% from 2021 to 2027.
Q3. What are the major drivers influencing the growth of the PET foam core market?
Answer: The major drivers for this market are growing use of lightweight materials in the end use industries and substitution of PVC and SAN with PET foam core due to its recyclability.
Q4. What are the major applications or end use industries for PET foam core?
Answer: Wind energy and transportation are the major end uses for PET foam core.
Q5. What are the emerging trends in PET foam core market?
Answer: Emerging trends, which have a direct impact on the dynamics of the industry, includes recycled pet garbage as raw material for pet foam core production and development of multi-density pet cores with improved strength.
Q6. Who are the key PET foam core companies?
Answer: Some of the key PET foam core companies are as follows:
Q7 : In PET foam core market, which region is expected to be the largest in next 5 years?
Answer: Europe is expected to remain the largest region and APAC witness the highest growth over next 5 years
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.