According to Stratistics MRC, the Global Expanded Polypropylene (EPP) Foam Market is accounted for $1165.17 million in 2020 and is expected to reach $1972.24 million by 2028 growing at a CAGR of 6.8% during the forecast period. Optimum performance and low weight of EPP foam, recyclable & reusable properties, and growing demand from end-use industries are the major factors propelling the market growth. However, volatile raw material prices and less awareness among consumers are hampering the market growth.
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By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to the increased product demand in key end-use verticals, such as consumer goods and packaging. The rapidly-growing automotive industry in the region is expected to drive the product demand over the forecast period. Many EPP foam manufacturers are setting up or expanding their manufacturing bases in this region to take advantage of the low manufacturing cost.
Some of the key players profiled in the Expanded Polypropylene (EPP) Foam Market include Armacell International S.A, Automa Multi Styrene (PTY) LTD, BASF SE, Chemische Fabrik Budenheim KG, Clark Foam Products Corp, Dongshin Industry Inc, DS Smiths plc, Furukawa Electric Co., Ltd., Hanwha Chemical Corporation, IZOBLOK, JSP Corporation, Kaneka Corporation, Knauf Industries, Package Design & Manufacturing Inc., Polyfoam Australia Pty Ltd, Sonoco Products Company, and Woodbridge.
Forms Covered:
• Fabricated Expanded Polypropylene (EPP)
• Molded Expanded Polypropylene (EPP)
Types Covered:
• Low Density
• High Density
• Porous Polypropylene (PP)
• Medium Density
Raw Materials Covered:
• Bio-based Polypropylene
• Synthetic Polypropylene
End Users Covered:
• Appliances
• Automotive
• Consumer Goods
• Dunnage
• Furniture
• Heating, Ventilation, and Air Conditioning (HVAC)
• Packaging
• Sports and Leisure
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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