CHICAGO, June 1, 2022 /PRNewswire/ According to the new market research report "PET Foam Market by Raw Material (Virgin PET and Recycled PET), Grade (Low-density and High-density), Application
PET Foam Market worth $448 million by 2025 sandiegosun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sandiegosun.com Daily Mail and Mail on Sunday newspapers.
Global PET Foam Market Report 2021-2025: Growth of the Wind Energy Sector & Growing Demand for Lightweight Vehicles Worldwide Driving Growth
March 10, 2021 05:43 ET | Source: Research and Markets Research and Markets Dublin, IRELAND
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The PET foam market is projected to grow from USD 316 million in 2020 to USD 448 million by 2025, at a CAGR of 7.2% from 2020 to 2025.
The PET foam market growth is estimated to be majorly driven by growing economies of Asia Pacific region. Increasing demand of PET foam from the wind energy, marine, and packaging end-use industries in China, India, Japan, and Australia is driving the market growth of PET foam in the Asia Pacific region.