The Global Expanded Polypropylene Foam Market size is expected to grow from USD 438.23 million in 2023 to USD 620.70 million by 2028, at a CAGR of 7.21% during the forecast period (2023-2028).
The market was negatively impacted due to the COVID-19 pandemic in 2020. However, the condition recovered in 2021, and it is expected to observe a stable growth trajectory over the forecast period.
The expanded polypropylene foam market is consolidated. Some of the major players in the market include BASF SE, JSP, Hanwha Solutions, BEWI (Izoblok), and Kaneka Corporation, among others (not in any particular order).
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