September 16, 2022 08:30 ET | Source: Transparency Market Research Transparency Market Research
Albany, New York, UNITED STATES
Wilmington, Delaware, United States, Sept. 16, 2022 (GLOBE NEWSWIRE) -- Transparency Market Research Inc. - A study by Transparency Market Research (TMR) notes that the global PET foam market is prognosticated to reach a value of US$ 474.1 Mn by the end of 2031. Furthermore, the study highlights that the market is expected to develop at a CAGR of 7.1% during the forecast period, 2022-2031.
The global market study on PET foam by TMR offers thorough assessment on the growth opportunities, drivers, restraints, and challenges in the market. Moreover, it shads light on different important aspects including the volume, share, revenue, and demand of PET Foam Market. This aside, it provides the list of PET foam market manufacturers along with their important statistics.
PET foam is being widely used as a composite material in the construction industry for the development of roofs, window frames, gates, doors, and domes. Hence, a rise in the construction activities across developed and developing nations is boosting the business opportunities in the PET foam market. With a rise in the global population, the government authorities of several nations are focusing on their infrastructure development. This factor, in turn, is propelling the global PET foam market.
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PET Foam Market: Key Findings
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PET Foam Market: Growth Boosters
PET Foam Market: Key Players
Some of the key players profiled in the report are:
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Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
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