Global Expanded Polypropylene Foam Market

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. According to latest analysis, the global EPP foam market was USD 1,186.0 million in 2022 and is expected to reach USD 1,809.4 million in 2029 and register a CAGR of 6.22% during the forecast period, 2023-2029.

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. In 2022, the synthetic polypropylene segment made up the largest share of revenue generated by the EPP foam market. EPP foam market is further segmented by foam: fabricated EPP, molded EPP, others. The molded EPP segment was the largest contributor to the global EPP foam market in 2022. 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 is estimated to account for the largest share of the global EPP foam market. 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. Asia-Pacific held the largest share of the global EPP foam market in 2022 and is anticipated to hold its share during the forecast period.

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 report explores the recent developments and profiles of key vendors in the Global Expanded Polypropylene Foam Market, including 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.

Why Choose This Report
• 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.

Global Expanded Polypropylene Foam Market

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Global Expanded Polypropylene Foam Market - Report Scope
REPORT ATTRIBUTE

DETAILS

Base Year

2022

Forecast Year

2023-2029

CAGR (2023-2029)

6.22%

Pages

88

Key Players

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.

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