EPP foam market size is projected to grow from USD 1,253 million in 2020 to USD 1,619 million by 2027, at a CAGR of 5% during the forecast period.
Recyclable and reusable properties of EPP foam; Optimal performance and light weight of the EPP foam are driving the growth of the EPP foam market.
The shape of the porous PP foam adds air space, making these foams lightweight. This foam has good impact protection, high durability and high structural integrity. They are mainly used for noise and vibration reduction in the automotive industry. Automotive interior is the main application of porous PP foam, mainly used for this application because of its noise reduction properties.
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Key Market Players
JSP Corporation (Japan), Kaneka Corporation (Japan), Hanwha Chemical Corporation (South Korea), BASF SE (Germany) are some of the leading players operating in the global EPP foam market.
Based on type
- Low Density
- High Density
- Porous PP
Based on application
- Automotive
- Packaging
- Consumer Goods
- Others
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Scope of the Report
The research study analyzes the global Expanded Polypropylene Foam industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Expanded Polypropylene Foam Market Report
1. What was the Expanded Polypropylene Foam Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Expanded Polypropylene Foam Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Expanded Polypropylene Foam Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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