Global Expanded Polypropylene (Epp) Foam Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Expanded Polypropylene (Epp) Foam Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Expanded polypropylene (EPP) foam is a bead foam for automotive and industrial packaging applications. They have unique properties such as insulation, excellent energy absorption, chemical and water resistance, impact resistance and more.

Market Overview:

The latest research study on the global Expanded Polypropylene (Epp) Foam market finds that the global Expanded Polypropylene (Epp) Foam market reached a value of USD 1789.59 million in 2022. It’s expected that the market will achieve USD 2333.4 million by 2028, exhibiting a CAGR of 4.52% during the forecast period.

Kaneka has agreed to acquire a U.S. Formulated Advanced Resin Supplier

June 20, 2017
Kaneka Corporation’s (Osaka, Japan, President: Mamoru Kadokura) wholly owned subsidiary, Kaneka Americas Holding, Inc. (“KAH”) (Texas, USA, President: Kazuhiko Fujii) and Applied Poleramic Inc. (“API”) (California, USA, President: Brian S. Hayes), a formulated advanced resin supplier in the aerospace area have agreed to KAH’s acquisition of all of API’s shares and have entered into a Stock Purchase Agreement on June 19, 2017. KAH shall acquire all of API’s stocks* for approximately USD 15 Million and API will become a consolidated subsidiary of KAH.
The acquisition is subject to approval by the Committee of Foreign Investment in the United States and satisfaction of other customary conditions.

Region Overview:

In global comparison, a significant portion of the revenue was generated in Asia-Pacific (42.88% in 2022).

Company Overview:

JSP Corporation is one of the major players operating in the Expanded Polypropylene (Epp) Foam market, holding a share of 45.6% in 2021.

JSP Corporation

JSP Corporation is the world's largest producer of expanded polypropylene plastics (EPP), backed by its proprietary beads foaming and extrusion foaming processes. The company, which developed the first EPPs in the 1970s, markets these materials under the P-Block, ARPOR (in North America), and EPPOR brand names, as well as its Super Blow line of hybrid foam technology products.

Kaneka Corporation

KANEKA CORPORATION manufactures and sells a wide range of synthetic resins, and chemicals for foods and medicines. The Company operates sales/manufacturing subsidiaries in Belgium, Malaysia, Singapore, and US.

Segmentation Overview:

By type, High density segment accounted for the largest share of market in 2022.

High density

High density grades are used where energy management is important, such as automotive bumpers and interior passenger safety components.

Medium density

Medium densities find applications in furniture and other consumer products.

Low density

Low density grades are used for packaging applications.

Application Overview:

By application, the Automotive Parts segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Expanded Polypropylene (Epp) Foam market covered in Chapter 3:

LOTTE Chemical
Hanwha Corporation
JSP Corporation
Sonoco
Plymouth Foam
HTEC
Kaneka Corporation
BASF
K. K. Nag Pvt. Ltd.

In Chapter 4 and Chapter 14.2, on the basis of types, the Expanded Polypropylene (Epp) Foam market from 2018 to 2029 is primarily split into:

High Density
Medium Density
Low Density

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Expanded Polypropylene (Epp) Foam market from 2018 to 2029 covers:

Industrial Packaging
Automotive Parts
Consumer Products
Building and Construction
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)