The Global PET Foam Core Material Market was valued at USD 240 Million in 2024 and is projected to reach USD 440 Million by 2032, growing at a Compound Annual Growth Rate (CAGR) of 9.3% during the forecast period (2025–2032). This robust growth is being driven by the increasing demand for lightweight and sustainable materials in the wind energy sector, advancements in marine and aerospace composites, and the rapid adoption of PET foam in emerging construction and automotive applications.

As industries worldwide push for greater energy efficiency and sustainability, the focus intensifies on the material innovators enabling these transitions. In this blog, we profile the Top 10 Companies in the PET Foam Core Material Industry—a dynamic group of established chemical giants and specialized composite manufacturers shaping the future of lightweight structural cores.

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PET Foam Core Material Market – View in Detailed Research Report

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🔟 1. 3A Composites

Headquarters: Sins, Switzerland
Key Offering: AIREX® T90, AIREX® T92 PET Foam Cores

3A Composites is a global leader in core materials, renowned for its AIREX® brand of PET foam. The company’s products are extensively used in wind energy, marine, and transportation sectors due to their excellent mechanical properties, recyclability, and resistance to moisture and chemicals. 3A Composites holds a significant market share, driven by continuous innovation and a strong global distribution network.

Innovation Initiatives:

• Development of high-performance, closed-cell PET foam structures

• Focus on sustainable production processes and material lifecycle

• Strategic partnerships with major OEMs in renewable energy and marine industries

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9️⃣ 2. Armacell

Headquarters: Luxembourg City, Luxembourg
Key Offering: ARMAFORM® PET Foam Cores

Armacell is a key player in engineered foams, with its ARMAFORM® PET foam cores gaining traction for their superior strength-to-weight ratio and thermal stability. The company serves diverse markets, including wind power, marine, and industrial applications, leveraging its expertise in foam technology to provide customized solutions.

Innovation Initiatives:

• Expansion of PET foam production capacity to meet growing demand

• Investment in R&D for fire-retardant and high-temperature PET foam variants

Download FREE Sample Report:
PET Foam Core Material Market – View in Detailed Research Report

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8️⃣ 3. Gurit

Headquarters: Wattwil, Switzerland
Key Offering: PET foam cores for marine, wind, and automotive applications

Gurit specializes in composite materials and engineering solutions, with a growing portfolio of PET foam products. The company is a preferred supplier for high-performance applications, particularly in the marine and wind energy sectors, where its materials contribute to lighter and more durable structures.

Innovation Initiatives:

• Development of tailored PET foam solutions for specific customer requirements

• Focus on enhancing product performance for extreme environmental conditions

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7️⃣ 4. Diab

Headquarters: Stockholm, Sweden
Key Offering: Divinycell® PET foam cores

Diab, part of the famil y, is a leading manufacturer of core materials for composite sandwich structures. The company’s Divinycell® PET foam is known for its toughness, impact resistance, and suitability for a wide range of applications, from marine and wind to transportation and industrial design.

Innovation Initiatives:

• Continuous improvement of foam cellular structure for optimized mechanical properties

• Expansion into new geographic markets and application segments

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6️⃣ 5. CoreLite

Headquarters: Statesville, North Carolina, USA
Key Offering: CoreLite® PET Structural Foam

CoreLite is a prominent North American manufacturer of PET foam core materials. The company’s products are widely used in marine composites, recreational vehicles, and industrial applications, prized for their consistent quality, ease of use, and environmental profile.

Innovation Initiatives:

• Production of 100% recyclable PET foam cores

• Development of foam grades optimized for specific manufacturing processes like infusion and prepreg

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5️⃣ 6. Polyumac

Headquarters: Zaragoza, Spain
Key Offering: Polylite® PET Foam Cores

Polyumac is a European specialist in composite core materials, offering a range of PET foam products under its Polylite® brand. The company caters to the marine, wind energy, and transportation industries, providing materials that balance performance with sustainability.

Innovation Initiatives:

• Focus on developing lightweight solutions for the growing electric vehicle market

• Investment in extrusion technology for improved foam quality and variety

Download FREE Sample Report:
PET Foam Core Material Market – View in Detailed Research Report

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4️⃣ 7. Shanghai Yueke New Materials

Headquarters: Shanghai, China
Key Offering: PET foam cores for construction and industrial use

Shanghai Yueke New Materials is a leading Chinese manufacturer of PET foam, capitalizing on the country’s massive domestic market and export potential. The company produces a variety of foam densities and thicknesses to serve the construction, packaging, and consumer goods industries.

Innovation Initiatives:

• Scaling production to meet growing domestic and international demand

• Cost-competitive manufacturing leveraging local supply chains

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3️⃣ 8. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: Specialty foams including PET-based solutions

While better known for its broader chemical portfolio, BASF is an important player in advanced materials, including developmental PET foam technologies. The company’s extensive R&D capabilities and global reach position it to be a significant force as the PET foam market evolves.

Innovation Initiatives:

• Research into novel polymer formulations for enhanced foam performance

• Exploring synergies between PET foam and other BASF material systems

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2️⃣ 9. Sekisui Chemical Co., Ltd.

Headquarters: Osaka, Japan
Key Offering: PET foam products for automotive and electronics

Sekisui Chemical is a diversified Japanese company with expertise in high-performance plastics and foams. Its involvement in PET foam focuses on high-value applications in the automotive and electronics sectors, where precision and reliability are paramount.

Innovation Initiatives:

• Development of ultra-low density PET foams for weight-critical applications

• Integration of functional properties like thermal conductivity or EMI shielding

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1️⃣ 10. Changzhou Tiansheng New Materials Co., Ltd.

Headquarters: Changzhou, Jiangsu, China
Key Offering: PET foam sheets and blocks

Changzhou Tiansheng is a growing manufacturer in the Chinese PET foam market, supplying materials for a range of industrial and composite applications. The company benefits from the region’s strong manufacturing base and is expanding its presence both domestically and internationally.

Innovation Initiatives:

• Increasing production capacity to capture market share

• Focus on cost-effective production for price-sensitive market segments

Get Full Report Here:
PET Foam Core Material Market – View in Detailed Research Report

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🌍 Outlook: The Future of PET Foam Core Materials Is Sustainable and High-Performance

The PET foam core material market is undergoing a significant transformation. While traditional core materials like PVC and SAN still hold substantial market share, the industry is increasingly investing in recyclable and sustainable alternatives, advanced manufacturing technologies, and expanded application portfolios.

📈 Key Trends Shaping the Market:

• Rapid capacity expansion for PET foam production, particularly in Asia and Europe

• Regulatory push for sustainable materials in wind energy, marine, and construction sectors

• Technological advancements enabling higher temperature resistance and improved fire performance

• Growing adoption in electric vehicle battery enclosures and lightweight body panels

Get Full Report Here:
PET Foam Core Material Market – View in Detailed Research Report

The companies listed above are not only supplying essential materials for modern industry—they’re driving the lightweighting and sustainability revolution across global manufacturing sectors.