Global Recycled PET Foam Market Size, Share & Trends Analysis Report, Type (-Low-density PET Foam, High-density PET Foam), By Application (Wind Energy, Transportation, Marine, Building and Construction, Packaging, Others), By Region (North America, Europe, APAC, and Others), and Segment Forecasts, 2023 – 2030
  • Published Date: Nov, 2023
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  • Pages: 200
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  • Methodology
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Global Recycled PET Foam Market was valued at US $ 551.6 Million in 2022 and is expected to reach US $ 1013.5 Million by 2030 growing at a CAGR of 7.9% during the forecast period 2023 – 2030.
The recycled PET foam market represents a niche within the broader materials industry, specializing in the production, distribution, and utilization of foam materials crafted from recycled PET (polyethylene terephthalate) plastic. At its core, this market embodies sustainability by reclaiming post-consumer PET plastic waste and transforming it into versatile foam products. These foams serve a multitude of purposes across various sectors, including automotive, construction, consumer goods, and medical devices. 

Notably, recycled PET foam stands as a sustainable alternative to traditional materials, effectively reducing environmental impact and supporting circular economy principles. Regulatory compliance and the incorporation of innovation play integral roles in this market, ensuring that products meet environmental standards and evolving consumer preferences. As industries and consumers increasingly seek eco-friendly solutions, the recycled PET foam market exemplifies a commitment to environmental responsibility, cost-efficiency, and the reduction of plastic waste, making it a pivotal contributor to a greener and more sustainable future.

Some of the benefits of designing a Recycled PET Foam Market include:

Promotion of Sustainability: Recycled PET foam originates from post-consumer plastic waste, actively participating in the reduction of waste and fostering the principles of a circular economy. This material harmonizes with sustainability objectives, concurrently lessening the environmental consequences associated with single-use plastics.

Demonstrating Environmental Stewardship: Employing recycled PET foam signifies a dedication to environmental stewardship, effectively addressing apprehensions regarding plastic pollution and propagating judicious resource employment.

Economic Viability: Recycled PET foam frequently delivers economic advantages in comparison to conventional materials. It provides a sustainable alternative without substantially inflating production expenses.

Enhanced Portability: Its inherent lightweight properties render it particularly suitable for scenarios where weight reduction holds paramount importance, notably in sectors like automotive and aerospace. This attribute contributes to heightened fuel efficiency and a diminished carbon footprint.

Outstanding Heat Insulation: Recycled PET foam excels in the realm of heat insulation, conferring substantial value in applications pertaining to construction and transportation. It becomes especially relevant in contexts emphasizing energy efficiency.

COVID -19 Impact 

Pre-COVID-19 Scenario:

Before the onset of the COVID-19 pandemic, the recycled PET foam market was on a consistent growth trajectory. Industries, spanning a wide spectrum, were increasingly directing their attention toward sustainability, and recycled PET foam had emerged as a recognized eco-friendly and cost-effective material. Its applications spanned various sectors, including automotive, construction, consumer goods, and more, as it was propelled by both heightened consumer demand for environmentally responsible products and regulatory mandates favoring sustainable materials. The market was distinguished by a culture of innovation, with continuous research and development endeavors aimed at enhancing the material's attributes and diversifying its use-cases. In essence, the outlook for the recycled PET foam market was optimistic, underpinned by a burgeoning awareness of its myriad advantages.

In the Midst of the COVID-19 Impact:

The COVID-19 pandemic, which first surfaced in late 2019 and continued to reverberate globally through 2020 and beyond, had a multifaceted impact on the recycled PET foam market. In the initial phases of the pandemic, numerous industries encountered disruptions in production processes and supply chain complexities. Diminished manufacturing activities temporarily reduced the demand for materials, recycled PET foam included. Furthermore, lockdowns and travel restrictions introduced impediments to the movement of goods and labor, affecting industries such as construction and automotive – key consumers of recycled PET foam. However, the pandemic's heightened emphasis on hygiene and safety did open avenues for recycled PET foam within the healthcare sector. The material's inherent ease of sterilization and resistance to chemicals and biological agents rendered it particularly suited for medical applications. Protective equipment and packaging for sensitive medical instruments found value in the attributes of recycled PET foam.

Post-COVID-19 Recovery:

Subsequent to the global efforts to recover from the pandemic's repercussions, the recycled PET foam market regained momentum and continued its growth trajectory. The lessons derived from the COVID-19 experience underscored the significance of sustainability and the pivotal role of eco-friendly materials in establishing resilient supply chains. Industries revalidated their commitment to environmental accountability, further stimulating the demand for recycled PET foam. In the automotive sector, renewed attention was bestowed upon lightweight materials to enhance fuel efficiency, aligning with sustainability objectives. The need for acoustic insulation solutions that augment passenger comfort remained substantial. Simultaneously, the healthcare sector persisted in exploring the advantages of recycled PET foam for medical device packaging and equipment, establishing it as a favored choice in a post-COVID-19 landscape, where hygiene and safety retained paramount importance.

Factors Driving the Market

Drivers

Increasing demand for sustainable packaging and insulation solutions

The surge in demand for sustainable packaging and insulation solutions has had a profound impact on the growth of the recycled PET foam market. In an era where environmental awareness is paramount, industries and consumers alike are actively seeking eco-friendly materials. Recycled PET foam, derived from post-consumer plastic waste, represents a quintessential sustainable choice. It aligns with stringent regulatory requirements focused on sustainability, recycling, and waste reduction, offering industries an effective means of compliance. Consumer preferences have also undergone a significant shift, with the eco-friendliness of products influencing purchasing decisions. Companies incorporating recycled PET foam in their packaging or insulation solutions not only address these preferences but also gain a competitive edge.

Furthermore, the emphasis on energy efficiency is propelling the adoption of recycled PET foam in construction and transportation. Its thermal insulation properties reduce energy consumption and contribute to cost savings in heating and cooling. The material's lightweight nature, recyclability, cost-effectiveness, versatility, and its role in green building standards are additional factors driving its demand. In essence, the increasing demand for sustainable solutions has turned recycled PET foam into a vital component for industries aiming to fulfill environmental responsibilities and meet regulatory standards while enhancing energy efficiency and cost-effectiveness. 

According to Statista, In a survey conducted in 2023, it was uncovered that consumers in the United States exhibited a willingness to pay an additional four to six percent for packaging that promotes sustainability, particularly for fresh food products. However, a mere five percent of respondents indicated a readiness to pay more than ten percent for packaging that aligns with sustainable practices. Additionally, the global market value of environmentally friendly packaging in 2019 was estimated at approximately 178.6 billion U.S. dollars, with projections indicating substantial growth to reach 246.3 billion U.S. dollars by 2025.

Challenges

Lack of awareness

The lack of awareness regarding recycled PET foam can significantly hinder its market growth. When consumers, industries, and businesses are not well-informed about the material's advantages and applications, its adoption is limited. This lack of awareness can impede its integration into various sectors, slow down its progress, and delay its expansion into new markets. Furthermore, in industries where consumer preferences and regulatory compliance are vital, the absence of awareness may result in missed opportunities for companies to enhance their sustainability efforts and meet environmental regulations. To unlock the full growth potential of the recycled PET foam market, concerted efforts are needed to educate consumers, industries, and businesses about the benefits of this eco-friendly material. Awareness-building campaigns, supported by manufacturers, industry associations, and government bodies, are essential to showcase successful applications and promote the adoption of recycled PET foam as a sustainable and environmentally responsible choice.

Trends

Rising utilization in Automotive components and medical devices

The rising utilization of recycled PET foam in automotive components and medical devices has become a significant driver of market growth. This is attributable to a multitude of factors that intersect to make recycled PET foam an ideal material for these applications. In the automotive industry, sustainability and fuel efficiency are paramount concerns. Recycled PET foam addresses both of these concerns by offering a lightweight yet structurally sound material. Reduced vehicle weight results in improved fuel efficiency, lower energy consumption, and reduced greenhouse gas emissions. As regulations governing emissions become more stringent worldwide, automakers are increasingly turning to lightweight materials to meet these standards. Recycled PET foam, with its remarkable weight-to-strength ratio, emerges as an appealing option.

Recycled PET foam's application in automotive components extends to various areas, including interior panels, seat cushions, headliners, and acoustic insulation. Its exceptional sound-dampening capabilities enhance passenger comfort, making it an ideal choice for reducing noise and vibrations inside vehicles. This results in quieter and more comfortable rides, which are increasingly valued by consumers. Moreover, the material's versatility allows it to be molded into various forms and adapted to specific automotive applications. It can be tailored to meet the stringent safety and performance requirements of the automotive sector, making it a compelling choice for manufacturers.

In the medical device industry, recycled PET foam plays a pivotal role in manufacturing equipment and devices that require precise engineering and a high degree of biocompatibility. The material's exceptional properties, such as its resistance to chemicals and biological agents, make it suitable for medical applications where hygiene and safety are paramount. Recycled PET foam's lightweight nature and ease of sterilization are particularly beneficial in the production of medical devices. It can be used in packaging for sensitive medical instruments, cushioning for orthopedic devices, and even in equipment like X-ray tables, where its ability to provide both structural support and comfort is crucial. 

The demand for sustainability and eco-friendly materials in the medical sector has grown in recent years, and recycled PET foam aligns well with these needs. It provides a responsible and green solution for medical device manufacturers while maintaining performance and safety standards. Additionally, as healthcare facilities and medical equipment manufacturers prioritize cost-efficiency and infection control, recycled PET foam's affordability and ease of sterilization make it a practical choice. Its insulation properties can also contribute to temperature control in medical applications that require stable environments.

Market Segmentation 

By Type

  • The Low-density PET foam dominated the Recycled PET Foam Market
  • The Low-density PET foam is the fastest growing segment, growing at a CAGR of 7.3% during the forecast period.

By Type, the global Recycled PET Foam Market is divided into Low-density PET Foam and High-density PET Foam.
In 2022, low-density PET foam accounted for over 60% of the global recycled PET foam market revenue. Also, the low-density PET foam recycled market is expected to grow at a CAGR of over 7.3% from 2022 to 2028. Low-density PET foam has surged to the forefront of the recycled PET foam market, marked by its leadership and rapid growth, attributable to a blend of exceptional characteristics. Its lightweight nature, significantly reduced weight compared to traditional materials, positions it as an ideal choice for industries like automotive, aerospace, and transportation where weight reduction is a critical factor in achieving fuel efficiency and emissions reduction. 

Furthermore, low-density PET foam excels in thermal insulation and sound dampening, making it indispensable for applications in construction, transportation, and architecture. Its versatility allows for a wide range of applications, while its full recyclability ensures alignment with sustainability goals and environmental regulations. The material's energy efficiency and cost-effectiveness further enhance its appeal in various industries, all of which are increasingly responsive to consumer demands for eco-friendly and sustainable options. Continuous technological advancements have fine-tuned its properties, boosting its performance and adaptability. Lastly, its role in aiding regulatory compliance, especially in the realms of emissions and energy efficiency, has further established low-density PET foam as a dominant and rapidly expanding contender in the recycled PET foam market.

By Application

  • The Transportation segment dominated the Recycled Pet Foam Market in 2022.
  • Transportation is the fastest growing segment, growing at a CAGR of 6.7% during the forecast period.

By Application the Recycled PET Foam Market is divided by Wind Energy, Transportation, Marine, Building and Construction, Packaging, Others

In 2022, the transportation sector accounted for over 30% of the global recycled PET foam market revenue. Also, the transportation sector recycled PET foam market is expected to grow at a CAGR of over 6.7% from 2023 to 2030. The transportation sector stands as a front-runner in the recycled PET foam market, propelled by a multitude of compelling factors. The industry's relentless pursuit of lightweighting for enhanced fuel efficiency is a chief motivator, as recycled PET foam serves as a sustainable solution that trims weight without compromising structural integrity. In an era of increasing environmental consciousness, the transportation sector's commitment to sustainability goals resonates well with the adoption of recycled PET foam. This eco-friendly material is highly sought after for its ability to reduce carbon footprints and meet stringent regulatory requirements, particularly in the context of emissions and sustainable manufacturing practices.

Recycled PET foam's versatility plays a pivotal role, finding applications in both insulation and sound dampening, thereby elevating passenger comfort and vehicle performance. Additionally, its recyclability aligns with the sector's growing emphasis on minimizing waste. The transportation industry's stringent regulations regarding safety, emissions, and fuel efficiency also drive the integration of recycled PET foam, aiding in compliance and addressing weight and emission challenges. Cost-effectiveness further enhances its appeal in an industry where economic considerations are paramount. Moreover, the market's responsiveness to consumer demand for eco-friendly and sustainable options places recycled PET foam at the forefront. Coupled with ongoing technological advancements that enhance its properties, including fire resistance and thermal insulation capabilities, recycled PET foam has emerged as an indispensable material for the transportation sector, meeting evolving needs while contributing to a greener and more efficient future.

By Region

  • The APAC region dominated the Recycled Pet Foam Market in 2022.
  • The APAC region is the fastest growing segment, growing at a CAGR of 8.2% during the forecast period.

By region, the global Recycled PET Foam Market is divided into North America, Europe, APAC and Others. Others is further divided into Middle East, Africa and South America.
In 2022, the Asia Pacific region accounted for over 40% of the global recycled PET foam market revenue. Also, The Asia Pacific recycled PET foam market is expected to grow at a CAGR of over 8.2% from 2023-2030. The Asia-Pacific (APAC) region is at the forefront of the recycled PET foam market, experiencing both leadership and rapid growth. This prominence can be attributed to a confluence of factors that set the stage for the region's success. APAC's robust industrial growth and urbanization drive the demand for eco-friendly materials, particularly in construction and packaging. The region's vast and growing population, coupled with its commitment to sustainability, has led to government policies and consumer preferences favoring the use of recycled PET foam. Additionally, APAC's formidable manufacturing capabilities, emphasis on innovation, and support from governments create an ideal ecosystem for the production and adoption of eco-friendly materials. The diverse geographical landscape of APAC, along with its varied climate conditions, necessitates advanced insulation solutions, with recycled PET foam insulation emerging as a top choice due to its exceptional thermal performance. As the region's economy continues to expand, investments in infrastructure, construction, and industrial projects further fuel the demand for recycled PET foam, making APAC a pivotal force in the adoption of sustainable materials.

Competitive Landscape

The global Recycled PET Foam Market is consolidated with the presence of few major players contributing to the market revenue. This dominance of these major players is driven by their technological expertise, extensive resources, and established brand recognition. These companies typically offered comprehensive and diversified solutions to end use industries.

  • Amcor

Amcor plc is a global packaging company that develops and produces flexible packaging, rigid containers, specialty cartons, closures, and services for food, beverage, pharmaceutical, medical-device, home and personal-care, and other products. The company was founded in 1896 and is headquartered in Victoria, Australia. Amcor has over 27,000 employees and operates in over 200 locations in more than 40 countries.

  • AptarGroup

AptarGroup is a global leader in drug delivery, consumer product dispensing and active material science solutions. The company develops and manufactures a wide range of products, including pumps, valves, closures, and drug delivery systems. AptarGroup's products are used in a variety of industries, including food and beverage, pharmaceutical, personal care, and beauty.

  • Berry Global

Berry Global Group, Inc. is a leading global manufacturer and marketer of plastic packaging products. With over 50,000 employees and operations in over 27 countries, Berry Global serves a wide range of customers in the food and beverage, healthcare, consumer products, and industrial markets.

  • Clariant

Clariant is a global specialty chemicals company that contributes to value creation with innovative and sustainable solutions for customers from many industries. The company's portfolio is designed to meet very specific needs with as much precision as possible.

  • Coveris
  • Dow
  • Eastman Chemical
  • EPE Foam
  • Huhtamaki
  • JSP
  • Klöckner Pentaplast
  • Kurz Kunststoff
  • Milliken
  • Owens-Illinois
  • Pactiv Evergreen
  • Plastic Omnium
  • Schütz
  • Sonoco
  • Starlinger
  • Trexel

Recent Developments

  • In 2023, Amcor, a renowned packaging company, unveiled an innovative sustainable PET foam packaging solution designed for food and beverage products. This eco-friendly packaging is crafted entirely from 100% recycled PET and is itself fully recyclable.
  • In 2023, Eastman Chemical, a global specialist in materials, introduced a groundbreaking PET foam insulation product tailored for the building and construction sector. This cutting-edge offering is manufactured from 100% recycled PET and surpasses traditional insulation materials with its superior thermal insulation performance.
  • In 2023, Covestro, a prominent polymer supplier, revealed their pioneering PET foam technology, which results in foam featuring enhanced fire resistance and thermal insulation attributes. This revolutionary technology is poised to open doors to novel applications, including automotive components and fire-retardant building materials.

Recycled PET Foam Market Scope

Report Components Details
Forecast Period

2023 – 2030

Quantitative Units

Revenue in US $

Drivers
  • Increasing demand for sustainable packaging and insulation solutions
  • Government regulations and incentives
  • Technological advancements
Challenges
  • Higher cost
  • Availability of raw materials
  • Lack of awareness
Trends
  • Growing demand from emerging markets
  • Rising utilization in Automotive components and medical devices
  • Government support
Segments Covered

Type (Low-density PET Foam, High-density PET Foam), By Application (Wind Energy, Transportation, Marine, Building and Construction, Packaging, Others)

Countries Covered

U.S. and Canada in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the APAC, Others include Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA), Brazil, Argentina, Mexico, and Rest of South America as part of South America

Market Players Covered

Amcor, AptarGroup, Berry Global, Clariant, Coveris, Dow, Eastman Chemical, EPE Foam, Huhtamaki, JSP, Klöckner Pentaplast, Kurz Kunststoff, Milliken, Owens-Illinois, Pactiv Evergreen, Plastic Omnium, Schütz, Sonoco, Starlinger, Trexel

Table of Contents

1 INTRODUCTION OF GLOBAL RECYCLED PET FOAM MARKET

1.1 Overview of the Market

1.2 Scope of Report

1.3 Assumptions

 

2 EXECUTIVE SUMMARY

 

3 RESEARCH METHODOLOGY 

3.1 Data Mining

3.2 Validation

3.3 Primary Interviews

3.4 List of Data Sources

 

4 GLOBAL RECYCLED PET FOAM MARKET OUTLOOK

4.1 Overview

4.2 Market Dynamics

4.2.1 Drivers

4.2.2 Restraints

4.2.3 Opportunities

4.3 Porters Five Force Model

4.3.1. Bargaining Power of Suppliers

4.3.2. Threat of New Entrants

4.3.3. Threat of Substitutes

4.3.4. Competitive Rivalry

4.3.5. Bargaining Power among Buyers

4.4 Value Chain Analysis

 

5 GLOBAL RECYCLED PET FOAM MARKET, BY TYPE

5.1 Overview

5.2 Low-density PET Foam

5.3 High-density PET Foam

6 GLOBAL RECYCLED PET FOAM MARKET, BY APPLICATION

6.1 Overview

6.2 Wind Energy

6.3 Transportation

6.4 Marine

6.5 Building and Construction

6.6 Packaging

6.7 Others

7 GLOBAL RECYCLED PET FOAM MARKET, BY REGION

7.1 North America

7.1.1 U.S.

7.1.2 Canada

7.2 Europe

7.2.1 Germany

7.2.3 U.K.

7.2.4 France

7.2.5 Rest of Europe

7.3 Asia Pacific

7.3.1 China

7.3.2 Japan

7.3.3 India

7.3.4 South Korea

7.3.5 Singapore

7.3.6 Malaysia

7.3.7 Australia

7.3.8 Thailand

7.3.9 Indonesia

7.3.10 Philippines

7.3.11 Rest of Asia Pacific

7.4 Others

7.4.1 Saudi Arabia

7.4.2 U.A.E.

7.4.3 South Africa

7.4.4 Egypt

7.4.5 Israel

7.4.6 Rest of Middle East and Africa (MEA)

7.4.7 Brazil

7.4.8 Argentina

7.4.9 Mexico

7.4.10 Rest of South America

8 COMPANY PROFILES

8.1 Amcor

8.1.1. Company Overview

8.1.2. Key Executives

8.1.3. Operating Business Segments

8.1.4. Product Portfolio

8.1.5. Financial Performance (As per availability)

8.1.6 Key News

 

8.2 AptarGroup

8.2.1. Company Overview

8.2.2. Key Executives

8.2.3. Operating Business Segments

8.2.4. Product Portfolio

8.2.5. Financial Performance (As per availability)

8.2.6. Key News

 

8.3 Berry Global

8.3.1. Company Overview

8.3.2. Key Executives

8.3.3. Operating Business Segments

8.3.4. Product Portfolio

8.3.5. Financial Performance (As per availability)

8.3.6. Key News

 

8.4  Clariant

8.4.1. Company Overview

8.4.2. Key Executives

8.4.3. Operating Business Segments

8.4.4. Product Portfolio

8.4.5. Financial Performance (As per availability)

8.4.6. Key News

 

8.5 Coveris

8.5.1. Company Overview

8.5.2. Key Executives

8.5.3. Operating Business Segments

8.5.4. Product Portfolio

8.5.5. Financial Performance (As per availability)

8.5.6. Key News

 

8.6 Dow

8.6.1. Company Overview

8.6.2. Key Executives

8.6.3. Operating Business Segments

8.6.4. Product Portfolio

8.6.5. Financial Performance (As per availability)

8.6.6. Key News

 

8.7 Eastman Chemical

8.7.1. Company Overview

8.7.2. Key Executives

8.7.3. Operating Business Segments

8.7.4. Product Portfolio

8.7.5. Financial Performance (As per availability)

8.7.6. Key News

 

8.8 EPE Foam

8.8.1. Company Overview

8.8.2. Key Executives

8.8.3. Operating Business Segments

8.8.4. Product Portfolio

8.8.5. Financial Performance (As per availability)

8.8.6. Key News

 

8.9 Huhtamaki

8.9.1. Company Overview

8.9.2. Key Executives

8.9.3. Operating Business Segments

8.9.4. Product Portfolio

8.9.5. Financial Performance (As per availability)

8.9.6. Key News

 

8.10 JSP

8.10.1. Company Overview

8.10.2. Key Executives

8.10.3. Operating Business Segments

8.10.4. Product Portfolio

8.10.5. Financial Performance (As per availability)

8.10.6. Key News

 

8.11 Klöckner Pentaplast

8.11.1. Company Overview

8.11.2. Key Executives

8.11.3. Operating Business Segments

8.11.4. Product Portfolio

8.11.5. Financial Performance (As per availability)

8.11.6. Key News

 

8.12 Kurz Kunststoff

8.12.1. Company Overview

8.12.2. Key Executives

8.12.3. Operating Business Segments

8.12.4. Product Portfolio

8.12.5. Financial Performance (As per availability)

8.12.6. Key News

 

8.13 Milliken

8.13.1. Company Overview

8.13.2. Key Executives

8.13.3. Operating Business Segments

8.13.4. Product Portfolio

8.13.5. Financial Performance (As per availability)

8.13.6. Key News

 

8.14  Owens-Illinois 

8.14.1. Company Overview

8.14.2. Key Executives

8.14.3. Operating Business Segments

8.14.4. Product Portfolio

8.14.5. Financial Performance (As per availability)

8.14.6. Key News

 

8.15 Pactiv Evergreen 

8.15.1. Company Overview

8.15.2. Key Executives

8.15.3. Operating Business Segments

8.15.4. Product Portfolio

8.15.5. Financial Performance (As per availability)

8.15.6. Key News

 

8.16 Plastic Omnium

8.16.1. Company Overview

8.16.2. Key Executives

8.16.3. Operating Business Segments

8.16.4. Product Portfolio

8.16.5. Financial Performance (As per availability)

8.16.6. Key News

 

8.17 Schütz

8.17.1. Company Overview

8.17.2. Key Executives

8.17.3. Operating Business Segments

8.17.4. Product Portfolio

8.17.5. Financial Performance (As per availability)

8.17.6. Key News

 

8.18 SONOCO

8.18.1. Company Overview

8.18.2. Key Executives

8.18.3. Operating Business Segments

8.18.4. Product Portfolio

8.18.5. Financial Performance (As per availability)

8.18.6. Key News

 

8.19 Starlinger

8.19.1. Company Overview

8.19.2. Key Executives

8.19.3. Operating Business Segments

8.19.4. Product Portfolio

8.19.5. Financial Performance (As per availability)

8.19.6. Key News

 

8.20 Trexel

8.20.1. Company Overview

8.20.2. Key Executives

8.20.3. Operating Business Segments

8.20.4. Product Portfolio

8.20.5. Financial Performance (As per availability)

 

8.20.6. Key News

Global Recycled PET Foam Market Segmentation

Recycled PET Foam market by Type : Market Size & Forecast 2023-2030

  • Low-density PET Foam
  • High-density PET Foam

Recycled PET Foam by Application : Market Size & Forecast 2023-2030

  • Wind Energy
  • Transportation
  • Marine
  • Building and Construction
  • Packaging
  • Others

Recycled PET Foam by Geography: Market Size & Forecast 2023-2030

  • North America (USA, Canada, Mexico)
  • Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
  • Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
  • South America (Brazil, Argentina, Columbia, Rest of South America)
  • Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Major Players:

  • Amcor
  • AptarGroup
  • Berry Global
  • Clariant
  • Coveris
  • Dow
  • Eastman Chemical
  • EPE Foam
  • Huhtamaki
  • JSP
  • Klöckner Pentaplast
  • Kurz Kunststoff
  • Milliken
  • Owens-Illinois
  • Pactiv Evergreen
  • Plastic Omnium
  • Schütz
  • Sonoco
  • Starlinger
  • Trexel

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