Expandable Polypropylene (EPP) Foam Market Growth, Trends and Forecast by 2031

MARKET INTRODUCTION

Expanded polypropylene (EPP) is a closed cell bead foam. These foam are shaped in steam chest. EPP has various useful properties such as excellent energy absorption, excellent structural strength, thermal insulation, sound deadening and lightweight, and others. Expandable polypropylene is being processed in multi stage proprietary process for shaping of EPP foam beads. EPP is used in automotive for bumper cores, head rest, boot infill and tool pods, etc. EPP is applied in HVAC industry for housing heat exchangers, air filtration systems and boilers, and others. Different Type of expandable polypropylene such as Low density EPP, high density EPP and porous PP are used in different applications.

MARKET DYNAMICS

The extensive usage of EPP foam for automotive application will drive the demand growth for the expandable polypropylene (EPP) foam market. Additionally, growing demand of EPP consumer products will further imply in the demand growth for the expandable polypropylene (EPP) foam market. Predominantly, volatility of raw material prices may hinder the growth for the expandable polypropylene (EPP) foam market. However, high recyclability of EPP foam will create opportunities for expandable polypropylene (EPP) foam market.

MARKET SCOPE

The "Expanded Polypropylene (EPP) Foam Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the expanded polypropylene (EPP) foam market with detailed market segmentation by type and application and region. The expanded polypropylene (EPP) foam market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading expanded polypropylene (EPP) foam market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The expanded polypropylene (EPP) foam market is segmented on the basis of type and application. On the basis of type, the expanded polypropylene (EPP) foam market is segmented into, low density, high density, porous PP. On the basis of application, the expanded polypropylene (EPP) foam market is segmented into, automotive, packaging, consumer products, others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the expanded polypropylene (EPP) foam market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The expanded polypropylene (EPP) foam market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the expanded polypropylene (EPP) foam market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the expanded polypropylene (EPP) foam market in these regions.

MARKET PLAYERS

The reports cover key developments in the expanded polypropylene (EPP) foam market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from expanded polypropylene (EPP) foam market are anticipated to lucrative growth opportunities in the future with the rising demand for expanded polypropylene (EPP) foam in the global market. Below mentioned is the list of few companies engaged in the expanded polypropylene (EPP) foam market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the expanded polypropylene (EPP) foam market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•  BASF SE
•  DS Smith PLC
•  Furukawa Electric Co., Ltd.
•  Hanwha Corporation
•  IZOBLOK GmbH
•  JSP Corporation
•  Kaneka Corporation
•  Polyfoam Australia Pty Ltd
•  Sonoco Products Company
•  The Woodbridge Group

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Expandable Polypropylene (EPP) Foam Report Scope