Because of the rising use of foam beads and moulded products in the consumer goods, packaging, and automotive industries, the market for expanded polypropylene foam (EPP) is expected to rise at a 6.3% CAGR from 2021 to 2029. Over the forecast period, the rapid growth of the automotive sector is expected to enhance demand for Expanded Polypropylene Foam. The rising usage of thermoplastics in automotive components over glass and metal is likely to open up new opportunities for the Expanded Polypropylene Foam company.
In 2021, the Asia Pacific region was the dominant region in the Expanded Polypropylene Foam market, accounting for more than 56.26% of total volume demand.
Expanded Polypropylene Foam Market Overview:
In our comprehensive analysis of the Expanded Polypropylene Foam Market spanning multiple industries, our dedicated research team conducted an extensive and thorough investigation. To reinforce existing data, segment the market, determine its overall size, and project its growth rate, we conducted meticulous secondary research.
This comprehensive study aims to uncover the key drivers propelling the growth of the global Expanded Polypropylene Foam Market, shedding light on its diverse user base. We painstakingly sourced data from market participants, various regions, and specific industry requirements. This research proposal, tailored for the market, offers an intricate overview of the significant developments currently shaping every aspect of the market. Key data analyses will be presented in various formats, including statistics, infographics, and presentations.
Expanded Polypropylene Foam Market Size was valued at USD 995.61 Million in 2021, and it is expected to reach USD 1623.14 Million by 2029, exhibiting a CAGR of 6.3 % during the forecast period (2022-2029)
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Expanded Polypropylene Foam Market Scope:
In our in-depth analysis of the Expanded Polypropylene Foam Market across multiple industries, our dedicated research team conducted an exhaustive and comprehensive investigation. To fortify existing data, segment the market, determine its overall size, and project its growth rate, we conducted thorough secondary research.
This all-encompassing study is designed to unveil the driving forces behind the global Expanded Polypropylene Foam Market’s expansion, illuminating its diverse user base. We meticulously sourced data from market participants, various regions, and specific industry requirements. This meticulously crafted research proposal provides a detailed overview of the significant developments currently influencing every facet of the market. Key data analyses will be presented in a variety of formats, including statistics, infographics, and presentations.
Expanded Polypropylene Foam Market Regional Insights:
The Expanded Polypropylene Foam Market study undertakes a thorough examination at the country level, with a specific focus on segments identified as having substantial growth potential, countries commanding the largest market share, and nations demonstrating significant development prospects. This geographical breakdown in our study encompasses North America (including the USA and Canada), South America, Asia Pacific (encompassing China, Japan, India, and Korea), Europe (covering Germany, UK, France, and Italy), as well as other regions.
Expanded Polypropylene Foam Market Segmentation:
by Product Type
1. Low-density
2. Medium-density
3. High-density
by Application
1. Bumpers
2. Roof Pillars
3. Seat Bracing
4. Armrests
5. Others
by End-Use Industry
1. Automotive
2. Packaging
3. Consumer Goods
4. Appliances
5. Others
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Expanded Polypropylene Foam Market Key Players:
1. Sonoco Products Company (U.S.)
2. Clark Foam Products Corp. (U.S.)
3. SP Corporation (U.S.)
4. Package Design & Manufacturing Inc. (U.S.)
5. Woodbridge Group (Canada)
6. JSP Corp. (Japan)
7. Kaneka Corp. (Japan)
8. Furukawa Electric Co., Ltd. (Japan)
9. Hanwha Corp. (South Korea)
10. Polyfoam Australia Pty Ltd (Australia)
11. BASF SE (Germany)
12. DS Smiths plc (UK)
13. Knauf Industries (France)
14. IZOBLOK (Poland)
15. Armacell International S.A. (Switzerland)
16. Chemische Fabrik Budenheim KG (Germany)
17. Automa Multi Styrene (Pty) Ltd (South Africa)
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Key questions answered in Expanded Polypropylene Foam Market are:
- What is the Expanded Polypropylene Foam market size of the dominating region?
- What was the Expanded Polypropylene Foam market size in 2022?
- What is the expected Expanded Polypropylene Foam market size by 2029?
- What is the growth rate of the Expanded Polypropylene Foam Market?
- Which are the factors expected to drive the Expanded Polypropylene Foam market growth?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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