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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 & beverage