Polyethylene terephthalate (PET) is the most common thermoplastic resin of the polyester family. According to analysts, the global PET foam market is anticipated to grow at a compound annual growth rate (CAGR) of approximately 7% during the forecast period between 2020 and 2030. The global PET foam market is expected to reach a valuation of US $ 425 Mn by 2030-end.
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