Expanded Polypropylene (EPP) Foam Market, By Type (Low Density, High Density, Porous),to reach USD 1,932.16 million by 2030

Expanded polypropylene (EPP) foam is manufactured by polypropylene. These foams are highly versatile closed-cell bead foam that offers a unique range of properties, such as multiple impact resistance, thermal insulation, outstanding energy absorption, buoyancy, water and chemical resistance, exceptionally 100% recyclability and high strength-to-weight ratio.

The global expanded polypropylene (EPP) foam market is expected to grow at a significant growth rate during the forecast period. This growth is attributed to the increasing usage of products in wide applications including building and construction, packaging, consumer goods and others. Expanded polypropylene (EPP) foam shows a strong preference for the packaging of delicate goods such as circuit boards and computer equipment in non-food packaging applications. These factors are expected to enhance the growth of the expanded polypropylene (EPP) foam market globally in the forecast period.

View Detailed Report: https://www.databridgemarketresearch.com/reports/global-expanded-polypropylene-epp-foam-market

Some of the major players operating in the expanded polypropylene (EPP) foam market are:

BASF SE (Germany)

Hanwha Solutions (South Korea)

Armacell (Luxembourg)

Knauf Insulation (U.S.)

DS Smith (U.K.)

KANEKA CORPORATION (Japan)

Sonoco Products Company (U.S.)

DONGSHIN INDUSTRY INCORPORATED (South Korea)

Woodbridge (Canada)

FURUKAWA ELECTRIC CO., LTD (Japan)

Signode Industrial Group LLC (U.S.)

Molan-Pino South Africa (Spain)

Clark Foam Products (U.S.)

Izoblok (Poland)

Paracoat Products Ltd. (India)

Opportunities

Growing product usage in passenger safety and noise, vibration, and harshness (NVH) reduction applications

The market is anticipated to grow steadily and maintain its lead during the forecast period, because of increased usage of expanded polypropylene (EPP) foam in passenger safety and noise, vibration, and harshness (NVH). Furthermore, the increasing importance of reducing overall weight of passenger vehicles to increase fuel economy is expected to create lucrative opportunities for the growth of the market during the forecast period.

Surging investments by major players for market expansion

The surging investments by major market players further offer numerous growth opportunities within the market. For instance, KANEKA CORPORATION has announced the investment of USD 17 million in 2018, to increase the capacity for Eperan expanded polypropylene and polyethylene particle foams at its Westerlo site in Belgium. This expansion was undertaken owing to the penetration of Eperan foam in Europe

 Global Expanded Polypropylene (EPP) Foam Market Scope

The expanded polypropylene (EPP) foam market is segmented on the basis of type, raw material, form and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

Low Density

High Density

Porous

Raw Material

Synthetic Polypropylene

Bio-Based Polypropylene

Form

Fabricated

Molded

Other Forms

 Application

Automotive

Dunnage

Furniture

Food Packaging

HVAC

Sports and Leisure

Other Applications

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