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PET Foam Market worth $225.44 Million by 2020

The PET foam market is estimated to reach $225.44 Million by value by 2020, signifying a CAGR of 8.1% between 2015 and 2020.<br>

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PET Foam Market worth $225.44 Million by 2020

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  1. MarketsandMarkets PET Foam Market worth $225.44 Million by 2020 May 2015

  2. PET Foam Market worth $225.44 Million by 2020 The report “PET Foam Market by Grade (Low-Density & High-Density), and by Application (Wind Energy, Transportation, Marine, Packaging, Building & Construction & Others), & by Region (North America, Europe, Asia-Pacific, Middle East & Africa, and RoW - Forecast to 2020”,analyzes the global PET foam market with respect to market drivers, restraints, opportunities, and challenges in different regions. Browse 85 market data tables and 61 figures spread through 136 pages and in-depth TOC on “PET Foam Market by Grade (Low-Density & High-Density), and by Application (Wind Energy, Transportation, Marine, Packaging, Building & Construction & Others), & by Region (North America, Europe, Asia-Pacific, Middle East & Africa, and RoW - Forecast to 2020" The PET foam market is significantly showing high growth in end-use applications. The Asia-Pacific region is the fastest-growing segment of the PET foam market and is mainly attributed to high economic growth rate. It is also driven by growing increase in energy demand and sales of consumer products mainly due to the increase in population along with their ability to purchase, are eventually driving the PET foam industry. The markets in Asia-Pacific and North America are estimated to show a rising growth in the next five years with the allied industries and are expected to stabilize the overall business need in the regions. The upsurge in the demand of PET foam, in terms of value and volume, manifest the current and future projections according to the parallel economic and industrial outlook. This analysis covers important developments, new product development, investments & expansions, partnerships & agreements, and mergers & acquisitions of the leading global companies. The PET foam market size in terms of value is projected to reach $225.44 Million by 2020, signifying a firm CAGR of 8.1% between 2015 and 2020. The high demand for the PET foam across the end-user industry will increase the overall PET foam consumption. Ask for PDF of the Report @ http://www.marketsandmarkets.com/Market-Reports/pet-foam-market-19032949.html 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. 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. 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

  3. 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. 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. Ask for Sample of the Report @ http://www.marketsandmarkets.com/requestsample.asp?id=19032949 About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: Mr. Rohan MarketsandMarkets™ 701 Pike Street Suite 2175, Seattle, WA 98101, United States Tel: 1-888-600-6441 Email: sales@marketsandmarkets.com Visit our Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

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