The Global Low-density PET Foam Market was valued at USD 198.7 Million in 2023 and is projected to reach USD 287.4 Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.8% during the forecast period (2024-2030). This growth is driven by increasing demand for sustainable, lightweight materials across wind energy, transportation, marine, and construction industries.

As industries prioritize weight reduction and environmental sustainability, low-density PET foam emerges as a superior alternative to traditional materials. In this blog, we profile the Top 10 Companies in the Low-density PET Foam Industry—innovators shaping the future of lightweight composite solutions.

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🔟 1. Armacell International

Headquarters: Luxembourg
Key Offering: ArmaFORM® PET foam cores

Armacell is the global leader in PET foam manufacturing, offering high-performance materials for composite applications. Their innovative ArmaFORM PET foams are widely used in wind turbine blades, marine vessels, and transportation.

Sustainability Initiatives:

• Closed-loop recycling programs
• Bio-based PET foam development
• 32% reduction in CO2 emissions since 2017

Download FREE Sample Report: Low-density PET Foam Market – View in Detailed Research Report

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9️⃣ 2. 3A Composites

Headquarters: Sins, Switzerland
Key Offering: Airex® PET foams

3A Composites specializes in advanced core materials, with Airex PET foams being particularly notable for their excellent mechanical properties and recyclability. Their products are extensively used in marine, wind energy, and transportation applications.

Innovation Highlights:

• Patented manufacturing processes
• High-performance structural foams
• Solutions for extreme environments

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8️⃣ 3. Gurit Holding

Headquarters: Wattwil, Switzerland
Key Offering: PET foam core materials

Gurit provides high-quality PET foam cores for the wind energy and marine industries. Their products are known for excellent mechanical properties and environmental resistance.

Market Position:

• Leading supplier to wind turbine manufacturers
• Custom solutions for marine applications
• Global production facilities

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7️⃣ 4. DIAB Group

Headquarters: Laholm, Sweden
Key Offering: Divinycell PET foams

DIAB Group offers a range of PET foam products under the Divinycell brand, known for their structural integrity and thermal insulation properties. Their materials are widely used in marine and transportation applications.

Key Advantages:

• Excellent thermal insulation
• Superior impact resistance
• Customizable density options

Download FREE Sample Report: Low-density PET Foam Market – View in Detailed Research Report

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6️⃣ 5. Changzhou Tiansheng New Materials

Headquarters: Changzhou, China
Key Offering: PET structural foams

As a leading Chinese manufacturer, Changzhou Tiansheng provides cost-effective PET foam solutions for various industrial applications. The company is expanding its global footprint in the wind energy sector.

Growth Strategy:

• Expanding production capacity
• R&D focus on high-performance materials
• Increasing international distribution

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5️⃣ 6. Sekisui Plastics

Headquarters: Tokyo, Japan
Key Offering: PET foam core materials

Sekisui Plastics offers innovative PET foam solutions with exceptional thermal and mechanical properties. Their materials are widely used in construction and transportation industries.

Technology Leadership:

• Advanced extrusion technology
• Flame-retardant formulations
• High-temperature resistance

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4️⃣ 7. Petro Polymer Shargh

Headquarters: Tehran, Iran
Key Offering: PET foam products

Petro Polymer Shargh is a key player in the Middle Eastern market, providing PET foam solutions for building and construction applications. The company is expanding into new application areas.

Regional Focus:

• Strong presence in Middle East
• Cost-competitive pricing
• Developing insulation solutions

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3️⃣ 8. Carbon-Core

Headquarters: South Korea
Key Offering: HiPET core materials

Carbon-Core specializes in high-performance PET foam cores for marine and wind applications. Their HiPET products offer excellent strength-to-weight ratios and processability.

Product Features:

• Water resistance
• High damage tolerance
• Excellent fatigue properties

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2️⃣ 9. Kunststoff-Schaumstoff-Technik (KST)

Headquarters: Germany
Key Offering: PET structural foams

KST focuses on high-quality PET foam solutions for the European market, particularly in transportation and industrial applications. Their products stand out for consistent quality.

Quality Focus:

• Strict quality control
• Custom solutions
• Technical support services

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1️⃣ 10. Polyumac

Headquarters: Spain
Key Offering: PET foam cores

Polyumac completes our top 10 with innovative PET foam solutions for composite applications. The company serves various industries with a focus on sustainable materials.

Sustainability Commitment:

• Recycled content formulations
• Low VOC emissions
• Energy-efficient production

Read Full Report: Low-density PET Foam Market – View in Detailed Research Report

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🌍 Market Outlook: The Future of Low-density PET Foam

The low-density PET foam market is experiencing transformative growth driven by sustainability initiatives and lightweighting trends across industries.

📈 Key Market Trends:

• Increasing adoption in wind energy sector for turbine blades
• Growing use in electric vehicles for weight reduction
• Expansion in marine applications due to corrosion resistance
• Development of fire-resistant formulations for construction
• Rising demand for recyclable core materials

Read Full Report: Low-density PET Foam Market – View in Detailed Research Report

The companies featured above are at the forefront of PET foam innovation, driving sustainability and performance across multiple industries worldwide.