Expanded Polypropylene Foam Market Revenue and Value Chain Analysis 2018-2025

The rapid growth of the automotive industry in recent years has been a major factor driving market growth. Further, the increasing application scope of the product in the consumer goods, construction, and packaging industries is expected to have significant impacts on the overall market growth over the coming years.

The Global Expanded Polypropylene (EPP) Foam Market is expected to reach USD 1.30 billion by 2025, according to a new report by Grand View Research, Inc.

The product witnessed wide application in the automotive industry for the manufacture 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.

The increasing use of molded EPP foam products in protective and flexible packaging applications for numerous verticals, including medical, consumer electronics, food & beverages, household appliances, and industrial equipment, is expected to drive the industry growth over the forecast period.

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The consumer goods vertical is expected to witness the highest growth over the coming years, projected to grow at a CAGR of 5.3% during the forecast period, in terms of revenue. The rapidly growing consumer goods industry across major economies of Asia Pacific, Europe, and North America is expected to drive the product demand over the forecast years.

Market Segmentation of Expanded Polypropylene (EPP) Foam Market:

The Global Expanded Polypropylene (EPP) Foam Market on the basis of Product, End Use, and Region.

By Product:

    Low density
    Medium density
    High density

By End-use:

    Automotive
    Packaging
    Consumer goods

By Region:

    North America
        US
    Europe
        Germany
        UK
    Asia Pacific
        China
        India
        Japan
    Central & South America
        Brazil
    Middle East & Africa
        South Africa

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