DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Polypropylene Foams Market by Type, Application, Region- Global Forecast to 2021" report to their offering.
The polypropylene foams market is projected to reach USD 1.27 billion by 2021, at a CAGR of 5.78% from 2016 to 2021.
The optimum performance of polypropylene foam which is light in weight and durable, reusable and recyclable, has a growing demand in emerging regions, and is eco-friendly and sustainable, is expected to drive the polypropylene foams market during the next five years. The major restraining factors in the polypropylene foams market are the high price of polypropylene foams, and the lower awareness about the product.
Expanded polypropylene foams have good low temperature performance and good chemical resistance. These types of foams are available in various grades, such as, low density, high density, and porous PP. The demand for EPP foams is largely backed by developments in the automobile, packaging, HVAC, and consumer products industries.
The Asia-Pacific region is the fastest-growing segment of the polypropylene foams market. The increase in middle-class population, rising disposable incomes, and demand from end-use industries are expected to drive the market in the region.
The polypropylene foams market report covers two different segmentations which include, market by type (EPP, XPP), and by application (automotive, packaging, consumer products, and others) and market by five different regions along with the countries in the respective regions. The application segment is further analyzed by each country for the respective region.
- Basf Se
- Borealis Ag
- Ds Smith Plc.
- Furukawa Electric Co., Ltd.
- Hanwha Corporation
- K. K. Nag Ltd.
- Kaneka Corporation
- Mitsui Chemicals, Inc.
- Pregis Corporation.
- Sekisui Alveo Ag
- Sonoco Products Company
- Ssw Pearlfoam Gmbh
- Synbra Holding Bv
- The Woodbridge Group
For more information about this report visit http://www.researchandmarkets.com/research/wm2mxm/polypropylene