Expanded Polypropylene (EPP) Foam Market by Type (Low Density, High Density & Porous PP), Application (Automotive, Packaging, Consumer Products), and by Region (North America, Europe, South America, Asia Pacific, MEA), and Global Forecast, 2018 to 2028
Oct 2020
Total Pages: 100
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The global expanded polypropylene market was valued at 1.22 billion in 2019 and is expected to grow with a CAGR of 8.0% from 2018 to 2028. Expanded Polypropylene Foam share a significant amount of the same features as EPS. It is a versatile and lightweight closed cell foam. It can be easily recycled and is 100 percent non-toxic as an environmentally safe commodity. Stretched Polypropylene & Stretched Polyethylene Foam, also known in the industry as a bead sheet, which provides extraordinary energy absorption, weight to size, high thermally resistance and water, oils and most chemicals and is available in a wide range of densities.
Extended polyethylene (EPE) is an absorbent moisture effect. Expanded EPP (polypropylene expansion) has exceptional energy absorption and high power. It is long-lasting, compact and recyclable. Hot, chemicals and certain oils are immune. Without severe damage, EPP can tolerate numerous impacts. EPP sectors cover automotive, packaging, sports and recreation, HVAC, consumer and home goods.
The substantial investment in industrial activities in major economies has contributed to an rise in production of car and consumer goods, and the demand of EPP foam perforations and molded products is anticipated to grow in the coming year.
Key Segments of the Global Expanded Polypropylene Foam Market
Type Overview, 2018-2028 (USD Million) (Kilo Tons)
- Low Density
- High Density
- Porous PP
Application Overview, 2018-2028 (USD Million) (Kilo Tons)
- Automotive
- Consumer products
- Packaging
Regional Overview, 2018-2028 (USD Million) (Kilo Tons)
North America
- U.S.
- Canad
Europe
- UK
- Germany
- France
- Rest of Europ
Asia Pacific
- China
- Japan
- India
- Rest of Asia-Pacifi
Middle East and Africa
- UAE
- South Africa
- Rest of Middle East and Afric
South America
- Brazil
- Rest of South America
Reasons for the study
- The purpose of the study is to give an exhaustive outlook of the global expanded polypropylene foam market.
- Key business developments witnessed within the raw material supply chain of adhesives, packaging,
What does the report include?
- The study on the global expanded polypropylene foam market includes qualitative factors such as drivers, restraints, and opportunities
- The study covers the competitive landscape of existing/prospective players in the Expanded Polypropylene Foam industry and their strategic initiatives for the product development
- The study covers a qualitative and quantitative analysis of the market segmented based on type, end-user. Moreover, the study provides similar information for the key geographies.
- Actual market sizes and forecasts have been provided for all the above-mentioned segments.
Who should buy this report?
- This study is suitable for industry participants and stakeholders in the global Expanded Polypropylene Foam market. The report will benefit: Every stakeholder involved in the Expanded Polypropylene Foam market.
- Managers within the Expanded Polypropylene Foam industry looking to publish recent and forecasted statistics about the global Expanded Polypropylene Foam market.
- Government organizations, regulatory authorities, policymakers, and organizations looking for investments in trends of global Expanded Polypropylene Foam market.
- Analysts, researchers, educators, strategy managers, and academic institutions looking for insights into the market to determine future strategies.
During the forecast years, the rising penetration of the commodity in the end-use industries, such as packaging, consumer products and furnishings would have a substantial effect on the overall demand. The strong investment in industrial activities across major economies has resulted in an expanded production of automotive and consumer goods, and the markets for EPP foam beads and molded products are projected to be led in the coming years.
Superior product properties including longevity, chemical and water resistance, thermal insulation, and recyclability can be attributable to the growing final usage nature of the commodity. In the packaging and consumer goods sector, improved demand for chemical and water-resistant products is expected to fuel demand for product over the forecast period.
Type Segment
In 2019, the low-density segment in expanded polypropylene foam, accounted for a considerable income share and is expected to be a sales-based CAGR 5.4 % over the forecast period. The substantial development in this group is attributed to the increase in demand for the product in the packaging industry because of the superior product characteristics relative to other conventional plastic products.
The second highest sales growth rate is estimated to be 6.1% over the projected timeframe for the medium-density market. This is because the commodity is progressively used in consumer products like electronics, toys and machinery. In major worldwide economies, the increasingly developing consumer goods market is projected to fuel commodity demand in the forecast years.
Rising demand for medium density products is projected in Asia Pacific, Europe and North America, primarily as a result of the rapid growth of the consumer goods industry. Consumer disposable income is projected to rise significantly in the region and would thus have an effect on consumer goods production.
Application Segment
In 2019, the automotive sector accounted for over 43.0% of the largest share of sales on the enlarged polypropylene (EPP) foam segment. Due to the rise in product usage for consumer protection and the decline in end use of the NVH, this end-use segment is expected to see major market demand for the commodity during the forecast era.
Thanks to the increased use of the commodity in electronics, chairs, toys, domestic appliances, the consumer goods market is projected to expand dramatically in the years ahead. The growing demand for the above items, particularly in developed economies, is a key driver for expanded polypropylene (EPP) foam.
As a result of a revamp in the car and rapidly expanding consumer product industry, the expanded polypropylene (EPP) foam market in Europe will foresee significant growth in major economies like Germany, France, Spain and Russia. The arrival of main automakers in the area should improve automotive development and fuel car demand.
As Asia Pacific led the overall market for extended polypropylene (EPP) foam in terms of revenue and volume amid increased demand for goods in main-use vertices as consumer goods and packaging. The fast-growing car industry in the sector will also fuel demand during the projected timeframe.
The sector Expanded Polypropylene Foam (EPP) is showing a substantial share in the Japanese regional industry's overall revenue in 2019 and CAGR is projected for the projected timeframe based on sales of 5.8%. This is mainly on account of the presence of key players such as JSP Corporation, Kaneka Corporation, and Furukawa Electric Co. with wide product portfolios and vast geographical reach.
The global expanded polypropylene market was valued at 1.22 billion in 2019 and is expected to grow with a CAGR of 8.0% from 2018 to 2028. Expanded Polypropylene Foam share a significant amount of the same features as EPS. It is a versatile and lightweight closed cell foam. It can be easily recycled and is 100 percent non-toxic as an environmentally safe commodity. Stretched Polypropylene & Stretched Polyethylene Foam, also known in the industry as a bead sheet, which provides extraordinary energy absorption, weight to size, high thermally resistance and water, oils and most chemicals and is available in a wide range of densities.
Extended polyethylene (EPE) is an absorbent moisture effect. Expanded EPP (polypropylene expansion) has exceptional energy absorption and high power. It is long-lasting, compact and recyclable. Hot, chemicals and certain oils are immune. Without severe damage, EPP can tolerate numerous impacts. EPP sectors cover automotive, packaging, sports and recreation, HVAC, consumer and home goods.
The substantial investment in industrial activities in major economies has contributed to an rise in production of car and consumer goods, and the demand of EPP foam perforations and molded products is anticipated to grow in the coming year.
Key Segments of the Global Expanded Polypropylene Foam Market
Type Overview, 2018-2028 (USD Million) (Kilo Tons)
- Low Density
- High Density
- Porous PP
Application Overview, 2018-2028 (USD Million) (Kilo Tons)
- Automotive
- Consumer products
- Packaging
Regional Overview, 2018-2028 (USD Million) (Kilo Tons)
North America
- U.S.
- Canad
Europe
- UK
- Germany
- France
- Rest of Europ
Asia Pacific
- China
- Japan
- India
- Rest of Asia-Pacifi
Middle East and Africa
- UAE
- South Africa
- Rest of Middle East and Afric
South America
- Brazil
- Rest of South America
Reasons for the study
- The purpose of the study is to give an exhaustive outlook of the global expanded polypropylene foam market.
- Key business developments witnessed within the raw material supply chain of adhesives, packaging,
What does the report include?
- The study on the global expanded polypropylene foam market includes qualitative factors such as drivers, restraints, and opportunities
- The study covers the competitive landscape of existing/prospective players in the Expanded Polypropylene Foam industry and their strategic initiatives for the product development
- The study covers a qualitative and quantitative analysis of the market segmented based on type, end-user. Moreover, the study provides similar information for the key geographies.
- Actual market sizes and forecasts have been provided for all the above-mentioned segments.
Who should buy this report?
- This study is suitable for industry participants and stakeholders in the global Expanded Polypropylene Foam market. The report will benefit: Every stakeholder involved in the Expanded Polypropylene Foam market.
- Managers within the Expanded Polypropylene Foam industry looking to publish recent and forecasted statistics about the global Expanded Polypropylene Foam market.
- Government organizations, regulatory authorities, policymakers, and organizations looking for investments in trends of global Expanded Polypropylene Foam market.
- Analysts, researchers, educators, strategy managers, and academic institutions looking for insights into the market to determine future strategies.
Chapter 1 Introduction
1.1 Introduction to the Study
1.2 Market Definition and Scope
1.3 Units, Currency, Conversions and Years Considered
1.4 Key Stakeholders
1.5 Key Questions Answered
Chapter 2 Research Methodology
2.1 Introduction
2.2 Data Capture Sources
2.2.1 Primary Sources
2.2.2 Secondary Sources
2.3 Market Size Estimation
2.4 Market Forecast
2.5 Data Triangulation
2.6 Assumptions and Limitations
Chapter 3 Executive Summary
Chapter 4 Market Outlook
4.1 Introduction
4.2 Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.2.2 Opportunities
4.4 Porter’s Five Forces Analysis
4.5 PEST Analysis
4.6. Regulatory Landscape
4.7 COVID-18 Impact Analysis
Chapter 5 Expanded Polypropylene Foam Market by Type
5.1 Introduction
5.1.1 Low Density
5.1.2 High Density
5.1.3 Porous PP
5.1.1.4 Reporting and Analytics
Chapter 6 Expanded Polypropylene Foam Market by Application
6.1 Introduction
5.1.1 Automotive
5.1.2 Packaging
5.1.3 Consumer products
Chapter 7 Expanded Polypropylene Foam Market by Region
7.1 Introduction
7.2 North America
7.2.1 U.S.
7.2.2 Canada
7.3 Europe
7.3.1 Germany
7.3.2 France
7.3.3 UK
7.3.4 Rest of Europe
7.4 Asia Pacific
7.4.1 China
7.4.2 Japan
7.4.3 India
7.4.4 Rest of Asia Pacific
7.5 Middle East & Africa
7.5.1 UAE
7.5.2 South Africa
7.5.3 Rest of Middle East & Africa
7.6 South America
7.6.1 Brazil
7.6.2 Rest of South America
Chapter 8 Competitive Landscape
8.1 Overview
8.2 Strategic Initiatives
8.2.1 Mergers & Acquisitions
8.2.2 New Product Launch
8.2.3 Investments
8.2.4 Expansion
8.2.5 Customer Targeting
Chapter 9 Company Profiles
9.1 BASF SE
9.1.1 Overview
9.1.2 Products and Services Portfolio
9.1.3 Recent Initiatives
9.1.4 Company Financials
9.1.5 SWOT
9.2 Hanwha Group
9.2.1 Overview
9.2.2 Products and Services Portfolio
9.2.3 Recent Initiatives
9.2.4 Company Financials
9.2.5 SWOT
9.3 JSP Corporation
9.3.1 Overview
9.3.2 Products and Services Portfolio
9.3.3 Recent Initiatives
9.3.4 Company Financials
9.3.5 SWOT
9.4 IZOBLOK GmbH
9.4.1 Overview
9.4.2 Products and Services Portfolio
9.4.3 Recent Initiatives
9.4.4 Company Financials
9.4.5 SWOT
9.5 Kaneka Corporation
9.5.1 Overview
9.5.2 Products and Services Portfolio
9.5.3 Recent Initiatives
9.5.4 Company Financials
9.5.5 SWOT
9.6 The Woodbridge Group
9.6.1 Overview
9.6.2 Products and Services Portfolio
9.6.3 Recent Initiatives
9.6.4 Company Financials
9.6.5 SWOT
9.7 FURUKAWA ELECTRIC CO., LTD.
9.7.1 Overview
9.7.2 Products and Services Portfolio
9.7.3 Recent Initiatives
9.7.4 Company Financials
9.7.5 SWOT
9.8 Other Companies