Expanded Polypropylene Foam Industry Overview The global expanded polypropylene foam market size is expected to reach USD 1.56 billion by 2028, registering a CAGR of 6.3% over the forecast period, according to a new report by Grand View Research, Inc. Rapid expansion of the global automotive industry in recent years has been the major growth-driving factor for the market. The product is widely used in the automotive industry; for instance, in the production of floor, door, and hood panels, primarily for noise and thermal insulation in passenger and commercial cars. The considerable growth of the automotive industry in Germany, China, and India is expected to drive product demand over the projected period. Expanded Polypropylene Foam Market Segmentation Grand View Research has segmented the global expanded polypropylene foam market report on the basis of product, end-use, and region: Based on the Product Insights, the market is segmented into low-density, medium-density and high-density
Based on the End-use Insights, the market is segmented into automotive, packaging, consumer goods, appliances and others
Expanded Polypropylene Foam Regional Outlook
Key Companies Profile & Market Share Insights The market faces moderate to high competition on account of the presence of a large number of manufacturers, fabricators, and distributors in the industry. The presence of relatively lower-priced substitutes, such as Expanded Polyethylene (EPE) and Expanded Polycarbonate (EPC) in the market further intensifies the competition. A majority of the companies follow an integrated approach, from the production of raw materials to the manufacturing of EPP foam beads, to the distribution of molded sheets and other molded products to various end-use verticals. Some of the prominent companies in the global Expanded Polypropylene (EPP) foam market include:
Order a free sample PDF of the Expanded Polypropylene Foam Market Intelligence Study, published by Grand View Research. About Grand View Research Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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