Market Overview:
The global high density PET foam market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for high density PET foam in various applications, such as building & construction and furniture. Additionally, the growing awareness about environment-friendly products is also propelling the growth of the global high density PET foam market. On the basis of type, recyclable pet foam is expected to hold a larger share of the global high density PET foam market during the forecast period. This can be attributed to its properties such as durability and resistance against fire and moisture. On account of these properties, recyclable pet foams are increasingly being used in various end-use applications such as building & construction and furniture.
Product Definition:
High density PET foam is a type of rigid foam insulation that is made from recycled polyethylene terephthalate (PET) plastic bottles. It has a higher R-value than other types of insulation, making it a more effective insulator. It is also moisture resistant and can be used in applications where moisture infiltration is a concern.
Recyclable Pet Foam:
Recyclable pet foam is a type of polyurethane foam that is made from recycled materials. It has high demand in the global market owing to its properties such as lightweight, durability, energy efficiency and versatility. Recyclable pet foam can be used for manufacturing various products such as furniture & bedding, carpet underlay, insulation for pipes & cables and soundproofing material among others.
Non-Recyclable Pet Foam:
Non-recyclable pet foam is a type of synthetic or composite material that is made up of fibers, usually polypropylene, and other materials. It has high density and low porosity compared to regular PET foam. The main reason for its existence is to provide insulation in the packaging industry. It also finds application in various industries including furniture & bedding, carpeting & padding as well as textiles (interior design).
Application Insights:
Building and construction was the largest application segment in 2017. High-density PET foam is widely used in building and construction applications owing to its excellent thermal insulation properties. It is also lightweight, which further enhances its use in building and construction applications. The rising demand for high-quality foams from various markets such as Europe, North America, Middle East & Africa is expected to drive the market growth over the forecast period.
High Density PET foam has a wide range of uses across several industry verticals including furniture, bedding products (mattress & pillowcases), household appliances (microwave ovens), medical devices (pacemakers), automotive components (airbags) among others.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to rapid industrialization and urbanization in the region. The growth can be attributed to increasing investments in construction, manufacturing, and automotive sectors by various countries including China, India, Japan among others. In addition, rising disposable income will drive demand further over the forecast period.
Europe was valued at USD X million in 2017 owing to high product consumption for packaging applications across major countries such as Germany (74 kilotons), France (70 kilotons), Italy (65 kilotons) among others which form a large part of Europe's furniture industry base along with UK (71 kilotons). Increasing R&D activities for developing new products coupled with growing environmental concerns are some factors anticipated to fuel High Density PET Foam Market growth over the forecast period.
Growth Factors:
- Increasing demand for lightweight and high-performance materials in automotive and aerospace industries
- Rising demand from the construction sector for insulation and roofing applications
- Growing use of HDPE foam in packaging to reduce product weight and shipping costs
- Proliferation of e-commerce retailing that necessitates lightweight, durable packaging solutions
- Development of new manufacturing technologies that improve the quality, performance, and sustainability of HDPE foam
Scope Of The Report
Report Attributes
Report Details
Report Title
High Density PET Foam Market Research Report
By Type
Recyclable Pet Foam, Non-Recyclable Pet Foam
By Application
Building & Construction, Furniture
By Companies
Armacell, 3A Composites Holding, Carbon-Core, Diab Group, BASF SE, Huntsman International, CoreLite, Gurit
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
159
Number of Tables & Figures
112
Customization Available
Yes, the report can be customized as per your need.
Global High Density PET Foam Market Report Segments:
The global High Density PET Foam market is segmented on the basis of:
Types
Recyclable Pet Foam, Non-Recyclable Pet Foam
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Building & Construction, Furniture
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Armacell
- 3A Composites Holding
- Carbon-Core
- Diab Group
- BASF SE
- Huntsman International
- CoreLite
- Gurit
Highlights of The High Density PET Foam Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Recyclable Pet Foam
- Non-Recyclable Pet Foam
- By Application:
- Building & Construction
- Furniture
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the High Density PET Foam Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
High density polyethylene foam (HDPE) is a type of plastic that is made from a long chain of molecules that are tightly packed together. HDPE is often used to make products that need to be strong but lightweight, like packaging materials and furniture.
Some of the major players in the high density pet foam market are Armacell, 3A Composites Holding, Carbon-Core, Diab Group, BASF SE, Huntsman International, CoreLite, Gurit.
The high density pet foam market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 High Density PET Foam Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 High Density PET Foam Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 High Density PET Foam Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the High Density PET Foam Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global High Density PET Foam Market Size & Forecast, 2018-2028
4.5.1 High Density PET Foam Market Size and Y-o-Y Growth
4.5.2 High Density PET Foam Market Absolute $ Opportunity
Chapter 5 Global High Density PET Foam Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 High Density PET Foam Market Size Forecast by Type
5.2.1 Recyclable Pet Foam
5.2.2 Non-Recyclable Pet Foam
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global High Density PET Foam Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 High Density PET Foam Market Size Forecast by Applications
6.2.1 Building & Construction
6.2.2 Furniture
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High Density PET Foam Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 High Density PET Foam Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America High Density PET Foam Analysis and Forecast
9.1 Introduction
9.2 North America High Density PET Foam Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America High Density PET Foam Market Size Forecast by Type
9.6.1 Recyclable Pet Foam
9.6.2 Non-Recyclable Pet Foam
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America High Density PET Foam Market Size Forecast by Applications
9.10.1 Building & Construction
9.10.2 Furniture
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe High Density PET Foam Analysis and Forecast
10.1 Introduction
10.2 Europe High Density PET Foam Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe High Density PET Foam Market Size Forecast by Type
10.6.1 Recyclable Pet Foam
10.6.2 Non-Recyclable Pet Foam
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe High Density PET Foam Market Size Forecast by Applications
10.10.1 Building & Construction
10.10.2 Furniture
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific High Density PET Foam Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific High Density PET Foam Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific High Density PET Foam Market Size Forecast by Type
11.6.1 Recyclable Pet Foam
11.6.2 Non-Recyclable Pet Foam
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific High Density PET Foam Market Size Forecast by Applications
11.10.1 Building & Construction
11.10.2 Furniture
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America High Density PET Foam Analysis and Forecast
12.1 Introduction
12.2 Latin America High Density PET Foam Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America High Density PET Foam Market Size Forecast by Type
12.6.1 Recyclable Pet Foam
12.6.2 Non-Recyclable Pet Foam
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America High Density PET Foam Market Size Forecast by Applications
12.10.1 Building & Construction
12.10.2 Furniture
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) High Density PET Foam Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) High Density PET Foam Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) High Density PET Foam Market Size Forecast by Type
13.6.1 Recyclable Pet Foam
13.6.2 Non-Recyclable Pet Foam
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) High Density PET Foam Market Size Forecast by Applications
13.10.1 Building & Construction
13.10.2 Furniture
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 High Density PET Foam Market: Competitive Dashboard
14.2 Global High Density PET Foam Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Armacell
14.3.2 3A Composites Holding
14.3.3 Carbon-Core
14.3.4 Diab Group
14.3.5 BASF SE
14.3.6 Huntsman International
14.3.7 CoreLite
14.3.8 Gurit
