Global PET Foam Market - Forecasts to 2026

Gmeglobalmarket04 Mar, 2021Business

The findings reviewed by GME stated that the Global PET Foam Market will expand with a CAGR value of 7.2%. Increasing demand for lightweight materials to increase the fuel efficiency of automobiles has increased the demand for PET foam in the automobile industry. The growing demand for cleaner energy has resulted in countries turning towards wind energy as the solution, where PET foam is used extensively in the wind energy industry. This changed trend has also contributed to the growth of the PET foam market.