Liquid Crystal on Silicon Market Segments, Opportunity, Growth and Forecast By End-use Industry 2020
The report segments the global PET foam market, on the basis of PET foam grade into low-density foam and high-density foam. Based on application the market is segmented as wind energy, transportation, marine, packaging, building and construction and others.
The report segments the global PET foam market, on the basis of PET foam grade into low-density foam and high-density foam. Based on application the market is segmented as wind energy, transportation, marine, packaging, building and construction and others.
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PET Foam <strong>Market</strong><br />
(Polyethylene terephthalate) PET foams possess different mechanical properties <strong>and</strong> high temperature dimensi<strong>on</strong>al<br />
stability. It is <strong>use</strong>d in different applicati<strong>on</strong> areas such as packaging, thermal insulating, wind energy, marine,<br />
transportati<strong>on</strong> <strong>and</strong> building <strong>and</strong> c<strong>on</strong>structi<strong>on</strong> applicati<strong>on</strong>s. It is widely <strong>use</strong>d as lightweight recyclable thermoplast.<br />
PET foam fallows great number of possibilities as a core material. The well-known core materials in the industry are<br />
SAN, PVC, <strong>and</strong> PMI foams, also h<strong>on</strong>eycombs <strong>and</strong> balsa. PET foam is lightweight, flexible, offers a great<br />
compressive strength <strong>and</strong> is temperature resistant.<br />
Polyethylene Terephthalate (PET) foam market is mainly driven by increasing dem<strong>and</strong> for the penetrati<strong>on</strong> from<br />
various end applicati<strong>on</strong>s like marine <strong>and</strong> wind energy applicati<strong>on</strong>. The rising dem<strong>and</strong> across various applicati<strong>on</strong><br />
sectors such as transportati<strong>on</strong>, marine, packaging, <strong>and</strong> building & c<strong>on</strong>structi<strong>on</strong>. The Asia-Pacific regi<strong>on</strong> is the<br />
fastest-growing segment of the PET foam market. One of the major influencing factors for the growth of the global<br />
PET foam market is the upsurge in sales of end products owing to the increasing dem<strong>and</strong> <strong>and</strong> spending by the<br />
growing populati<strong>on</strong> in the emerging countries such as China, India <strong>and</strong> Brazil am<strong>on</strong>g others. In additi<strong>on</strong>, the volatile<br />
growth of the wind energy segment is in turn to improve the growth of the PET foam market as PET foams fulfill the<br />
wind energy’s dem<strong>and</strong> for strength, low cost <strong>and</strong> light weight.<br />
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The report segments the global PET foam market, <strong>on</strong> the basis of PET foam grade into low-density foam <strong>and</strong> highdensity<br />
foam. Based <strong>on</strong> applicati<strong>on</strong> the market is segmented as wind energy, transportati<strong>on</strong>, marine, packaging,<br />
building <strong>and</strong> c<strong>on</strong>structi<strong>on</strong> <strong>and</strong> others. Marin <strong>and</strong> wind energy applicati<strong>on</strong> is the leading applicati<strong>on</strong>s of the PET foam<br />
market. The packaging, marine, building <strong>and</strong> c<strong>on</strong>structi<strong>on</strong> applicati<strong>on</strong>s are expected to be the growing applicati<strong>on</strong><br />
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