Covid-19 Impact on Extruded Polypropylene Foam Market Set for Rapid Growth and Expansion during 2022-28

The extruded polypropylene foam market was estimated at USD 681.5 million in 2021 and is likely to grow at a CAGR of 7.68% during 2022-2028 to reach USD 1151.78 million in 2028.

The Extruded Polypropylene Foam Market report, published by Stratview Research is Segmented by Type (Low-Density XPP Foam (40-200 Kg/M3), High-Density XPP Foam (200-600 Kg/M3)), by End-Use Industry Type (Automotive, Packaging, Building Construction, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).

Market Insights

The extruded polypropylene foam market was estimated at USD 681.5 million in 2021 and is likely to grow at a CAGR of 7.68% during 2022-2028 to reach USD 1151.78 million in 2028.

The mounting demand for extruded polypropylene foam from the automotive end-use industry is expected to propel the growth of the global market during the forecast period.

What is extruded polypropylene foam?

Extruded polypropylene foam is a kind of plastic form that is known for its environment-friendly nature. They are available in low-density extruded polypropylene foam form as well as high-density extruded polypropylene foam form.

Though automotive is the main application area of extruded polypropylene foam, there are also other areas where it is used such as packaging, building construction, and others.

The report estimates the current and future demand for Extruded Polypropylene Foam Market at the global, regional, as well as country-level. The report also studies all the major suppliers of the market located across the globe. The vital data/information offered in the report can play an important role for the market participants in the identification of the low-hanging fruits available in the market as well as to formulate growth strategies in order to expedite their growth process. This exclusive report is the outcome of an exclusive research methodology including primary research and secondary research.

The following are the key features of the report:

  • Market structure: Overview, industry life cycle analysis, supply chain analysis.
  • Market environment analysis: Growth drivers and constraints.
  • Market segment trend and forecast.
  • Competitive landscape and dynamics.
  • Attractive market segments and associated growth opportunities.
  • Emerging trends.
  • Key success factors.

Key Players

  • BASF SE
  • Braskem
  • DS Smith
  • Furukawa Electric Co., Ltd.
  • JSP Corporation
  • Mitsui Chemicals
  • NMC SA
  • Pregis
  • Toray Industries, Inc.

About Us

Stratview Research is a global market research and consulting service provider, offering syndicated and custom research reports. Our business intelligence and industry research reports offer clients with insightful and actionable market data to aid strategic decision making. These exclusive reports are available for key industries such as chemicals, composites, advanced materials, technology, renewable energy, and more. Stratview Research helps its users tract the ever-evolving market scenarios through its top-notch market reports.

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Rinku Suthar

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