DUBLIN--(BUSINESS WIRE)--The "Expanded Polypropylene (EPP) Foam - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Global Expanded Polypropylene (EPP) Foam Market to Reach $2.3 Billion by 2027
Amid the COVID-19 crisis, the global market for Expanded Polypropylene (EPP) Foam estimated at US$1.2 Billion in the year 2020, is projected to reach a revised size of US$2.3 Billion by 2027, growing at a CAGR of 10% over the analysis period 2020-2027.
Low Density, one of the segments analyzed in the report, is projected to record a 9.9% CAGR and reach US$1.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the High Density segment is readjusted to a revised 9.3% CAGR for the next 7-year period.
The U. S. Market is Estimated at $323.3 Million, While China is Forecast to Grow at 13.2% CAGR
The Expanded Polypropylene (EPP) Foam market in the U. S. is estimated at US$323.3 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$493.2 Million by the year 2027 trailing a CAGR of 13.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.9% and 8.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 7.8% CAGR.
Porous PP Segment to Record 11.5% CAGR
In the global Porous PP segment, USA, Canada, Japan, China and Europe will drive the 10.8% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$163.4 Million in the year 2020 will reach a projected size of US$334.9 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$335.1 Million by the year 2027, while Latin America will expand at a 13.1% CAGR through the analysis period.
The report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others:
- BASF SE
- Dongshin Industry Inc.
- DS Smith PLC
- Furukawa Electric Co., Ltd.
- Hanwha Corporation
- JSP Corporation
- Kaneka Corporation
- Sonoco Products Company
- The Woodbridge Group
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Global Competitor Market Shares
- Expanded Polypropylene (EPP) Foam Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
- Low Density (Type) World Market by Region/Country in US$ Thousand: 2020 to 2027
- Low Density (Type) Historic Market Analysis by Region/Country in US$ Thousand: 2012 to 2019
- Low Density (Type) Market Share Breakdown of Worldwide Sales by Region/Country: 2012 VS 2020 VS 2027
- High Density (Type) Potential Growth Markets Worldwide in US$ Thousand: 2020 to 2027
- High Density (Type) Historic Market Perspective by Region/Country in US$ Thousand: 2012 to 2019
- High Density (Type) Market Sales Breakdown by Region/Country in Percentage: 2012 VS 2020 VS 2027
- Porous PP (Type) Geographic Market Spread Worldwide in US$ Thousand: 2020 to 2027
- Porous PP (Type) Region Wise Breakdown of Global Historic Demand in US$ Thousand: 2012 to 2019
- Porous PP (Type) Market Share Distribution in Percentage by Region/Country: 2012 VS 2020 VS 2027
- Automotive (Application) Demand Potential Worldwide in US$ Thousand by Region/Country: 2020-2027
- Automotive (Application) Historic Sales Analysis in US$ Thousand by Region/Country: 2012-2019
- Automotive (Application) Share Breakdown Review by Region/Country: 2012 VS 2020 VS 2027
- Packaging (Application) Worldwide Latent Demand Forecasts in US$ Thousand by Region/Country: 2020-2027
- Packaging (Application) Global Historic Analysis in US$ Thousand by Region/Country: 2012-2019
- Packaging (Application) Distribution of Global Sales by Region/Country: 2012 VS 2020 VS 2027
- Consumer Products (Application) Sales Estimates and Forecasts in US$ Thousand by Region/Country for the Years 2020 through 2027
- Consumer Products (Application) Analysis of Historic Sales in US$ Thousand by Region/Country for the Years 2012 to 2019
- Consumer Products (Application) Global Market Share Distribution by Region/Country for2012, 2020, and 2027
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
- Market Facts & Figures
- Expanded Polypropylene (EPP) Foam Market Share (in %) by Company: 2019 & 2025
- Market Analytics
- Expanded Polypropylene (EPP) Foam Market Estimates and Projections in US$ Thousand by Type: 2020 to 2027
- Expanded Polypropylene (EPP) Foam Market by Type: A Historic Review in US$ Thousand for 2012-2019
- Expanded Polypropylene (EPP) Foam Market Share Breakdown by Type: 2012 VS 2020 VS 2027
- Expanded Polypropylene (EPP) Foam Latent Demand Forecasts in US$ Thousand by Application: 2020 to 2027
- Expanded Polypropylene (EPP) Foam Historic Demand Patterns by Application in US$ Thousand for 2012-2019
- Expanded Polypropylene (EPP) Foam Market Share Breakdown by Application: 2012 VS 2020 VS 2027
IV. COMPETITION
- Total Companies Profiled: 46
For more information about this report visit https://www.researchandmarkets.com/r/uxdx27
