Product Code: ETC4514125 | Publication Date: Jul 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India pet foam market import shipments exhibited a consistent upward trajectory from 2020 to 2024, with a notable CAGR of 12.1%. Despite a slight slowdown in growth between 2023 and 2024, the market maintained positive momentum, indicating overall expansion and market resilience.
PET (Polyethylene Terephthalate) foam is a lightweight and rigid material used in various industries, including construction, transportation, and packaging. The PET foam market in India has seen growth as it offers benefits like high strength, chemical resistance, and recyclability. Its applications range from lightweight structural components to insulation materials, contributing to its increasing demand.
The India PET foam market is growing due to its lightweight and high-strength properties, making it an ideal material for various industries, including marine, wind energy, and automotive. As the demand for lightweight and durable materials increases, particularly in the renewable energy and transportation sectors, PET foam is gaining prominence. It offers benefits like fuel efficiency and structural stability, making it a preferred choice in these industries.
The PET foam market in India faces challenges related to material development and market adoption. Developing PET foams with the right balance of properties for specific applications is a key challenge. Market players must raise awareness about the benefits of PET foams, including their lightweight properties and recyclability. Quality control and consistency in PET foam production are essential for market growth.
The PET foam market in India was affected by supply chain disruptions and reduced manufacturing activities during the pandemic. However, the market saw potential for growth in industries such as wind energy and transportation, where PET foam materials are used for lightweight and durable applications.
In the India PET foam market, notable players such as 3A Composites, Gurit, Armacell, DIAB International, and Euro-Composites have demonstrated prominence.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India PET Foam Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India PET Foam Market Revenues & Volume, 2021 & 2031F |
3.3 India PET Foam Market - Industry Life Cycle |
3.4 India PET Foam Market - Porter's Five Forces |
3.5 India PET Foam Market Revenues & Volume Share, By Raw Material, 2021 & 2031F |
3.6 India PET Foam Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.7 India PET Foam Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India PET Foam Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for eco-friendly packaging solutions |
4.2.2 Growth in the packaging industry in India |
4.2.3 Rising awareness about the benefits of PET foam in various applications |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials |
4.3.2 Lack of awareness among consumers about PET foam products |
4.3.3 Stringent government regulations and policies regarding plastic usage |
5 India PET Foam Market Trends |
6 India PET Foam Market, By Types |
6.1 India PET Foam Market, By Raw Material |
6.1.1 Overview and Analysis |
6.1.2 India PET Foam Market Revenues & Volume, By Raw Material, 2021-2031F |
6.1.3 India PET Foam Market Revenues & Volume, By Virgin PET , 2021-2031F |
6.1.4 India PET Foam Market Revenues & Volume, By Recycled PET, 2021-2031F |
6.2 India PET Foam Market, By Grade |
6.2.1 Overview and Analysis |
6.2.2 India PET Foam Market Revenues & Volume, By Low-density , 2021-2031F |
6.2.3 India PET Foam Market Revenues & Volume, By High-density, 2021-2031F |
6.3 India PET Foam Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 India PET Foam Market Revenues & Volume, By Wind Energy, 2021-2031F |
6.3.3 India PET Foam Market Revenues & Volume, By Transportation, 2021-2031F |
6.3.4 India PET Foam Market Revenues & Volume, By Marine, 2021-2031F |
6.3.5 India PET Foam Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.3.6 India PET Foam Market Revenues & Volume, By Packaging, 2021-2031F |
7 India PET Foam Market Import-Export Trade Statistics |
7.1 India PET Foam Market Export to Major Countries |
7.2 India PET Foam Market Imports from Major Countries |
8 India PET Foam Market Key Performance Indicators |
8.1 Adoption rate of PET foam in different industries |
8.2 Investment in research and development for PET foam technology |
8.3 Recycling rate of PET foam products |
8.4 Number of new product launches using PET foam |
8.5 Growth in demand for sustainable packaging solutions |
9 India PET Foam Market - Opportunity Assessment |
9.1 India PET Foam Market Opportunity Assessment, By Raw Material, 2021 & 2031F |
9.2 India PET Foam Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.3 India PET Foam Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India PET Foam Market - Competitive Landscape |
10.1 India PET Foam Market Revenue Share, By Companies, 2024 |
10.2 India PET Foam Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |