DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Expanded Polypropylene (EPP) Foam Market Analysis By Product (Low Density, Medium Density, High Density), End Use (Automotive, Packaging, Consumer Goods, Others) And Segment Forecasts, 2014 - 2025" report to their offering.
The global expanded polypropylene (EPP) foam market is expected to reach USD 1.30 billion by 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 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.
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.
Key Topics Covered:
1 Methodology and Scope
2 Executive Summary
3 Expanded Polypropylene Foam Market Variables, Trend, and Scope
4 Expanded Polypropylene Foam Market: Product Estimates & Trend Analysis
5 Expanded Polypropylene Foam Market: End-Use Estimates & Trend Analysis
6 Expanded Polypropylene Foam Market: Regional Estimates & Trend Analysis
7 Competitive Landscape
8 Company Profiles
- JSP Corporation
- BASF SE
- Kaneka Corporation
- Furukawa Electric Co., Ltd.
- DS Smith PLC
- Hanwha Corporation
- Sonoco Products Company
- The Knauf Industries
- Dongshing Industry, Inc.
- Clark Foam Products Corporation
- Paracoat Products Ltd.
- Molan Pino S.A (PTY) LTD
- Armacell S.A.
For more information about this report visit https://www.researchandmarkets.com/research/s7b3mp/expanded