Global Expanded Polypropylene Foam Market 2023-2029

Global Expanded Polypropylene Foam Market 2023-2029

Expanded polypropylene (EPP) is a versatile closed cell beaded foam with a unique set of properties including excellent energy absorption, multiple impact resistance, thermal insulation, buoyancy, water and chemical resistance, extremely high strength to weight ratio, and 100% recyclability. EPP can be made in a wide range of densities, from 15 to 200 grams per liter, which are transformed by molding into densities ranging from 18 to 260 grams per liter. The individual beads are fused into the final product form by the steam-chest molding process resulting in a strong and lightweight shape. Due to its many positive characteristics, combined with a high degree of freedom of design, EPP offers a wide range of possible applications. EPP foam has been successfully used in various industries and markets. In the automotive sector as crash cushions or footrests, in the HVAC (heating, air conditioning and ventilation) sector as insulation or housing, in the sports and leisure sector as fascia rolls or drone bodies. The latest analysis predicts global EPP foam market will grow from USD 1,186 million in 2022 to USD 1,809 million by 2029, achieving a CAGR of 6.2 percent, according to the latest edition of the Global Expanded Polypropylene Foam Market Report.

The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global EPP foam market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the raw material, foam, application, and region. The global market for EPP foam can be segmented by raw material: bio-based polypropylene, synthetic polypropylene. Among these, the synthetic polypropylene segment was accounted for the highest revenue generator in 2022. EPP foam market is further segmented by foam: fabricated EPP, molded EPP, others. The molded EPP segment is estimated to account for the largest share of the global EPP foam market. Based on application, the EPP foam market is segmented into: automotive, consumer products, dunnage trays, food packaging, furniture, HVAC, sports and leisure products, others. The automotive segment held the largest share of the global EPP foam market in 2022 and is anticipated to hold its share during the forecast period. On the basis of region, the EPP foam market also can be divided into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. In 2022, Asia-Pacific made up the largest share of revenue generated by the EPP foam market.

Market Segmentation

By raw material: bio-based polypropylene, synthetic polypropylene

By foam: fabricated EPP, molded EPP, others

By application: automotive, consumer products, dunnage trays, food packaging, furniture, HVAC, sports and leisure products, others

By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America

The market research report covers the analysis of key stake holders of the global EPP foam market. Some of the leading players profiled in the report include BASF SE, Dongshin Industry, Inc., DS Smith plc, Furukawa Electric Co., Ltd., Hanwha Corporation, IZOBLOK S.A. (BEWI ASA), JSP Corporation, Kaneka Corporation, KNAUF SAS, Polyrocks Chemical Co., Ltd., Signode Industrial Group LLC (PDM), Sonoco Products Company, Suzhou Delong Composite Materials Co., Ltd., Suzhou Xianghou Electronics Co., Ltd., among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.

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Scope of the Report

• To analyze and forecast the market size of the global EPP foam market.
• To classify and forecast the global EPP foam market based on raw material, foam, application, region.
• To identify drivers and challenges for the global EPP foam market.
• To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global EPP foam market.
• To identify and analyze the profile of leading players operating in the global EPP foam market.

• Gain a reliable outlook of the global EPP foam market forecasts from 2023 to 2029 across scenarios.
• Identify growth segments for investment.
• Stay ahead of competitors through company profiles and market data.
• The market estimate for ease of analysis across scenarios in Excel format.
• Strategy consulting and research support for three months.
• Print authentication provided for the single-user license.