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Polypropylene Foams Market to Witness an Outstanding Growth by 2022 – 2028
Stratview Research has published a new report on the Polypropylene Foams Market after a thorough analysis of the market. The key sources of information gathered for the report include various industry experts, suppliers, manufacturers, associations along with business distributions. The research report determines unique benefits of the various market size, share and the patent industry.
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The objective of the Polypropylene Foams Market report is to offer updated information such as the market share, size, trends, emerging markets, earnings, forecasts, and data on leading industry players. This study includes significant and vital information necessary for strategic decision making and have a competitive edge.
In view with the current pandemic analysts at Stratview Research has thoroughly analyzed and presented the following parameters under the detailed Covid – 19 impact analysis in the Polypropylene Foams Market.
Market Insights – The Polypropylene Foams Marketis projected to grow from USD 6.36 billion in 2022 to USD 8.69 billion by 2028 at a CAGR of over 5.3% during the forecast period.
Few key players operating in the Polypropylene Foams Market are-
BASF SE
Kaneka Corporation
Hanwha Corporation
Mitsui Chemicals, Inc.
Borealis AG
Furukawa Electric Co., Ltd.
Sonoco Products Company
DS Smith PLC.
K. K. NAG Ltd.
Pregis Corporation
Growth drivers and Market Value:
This report, from Stratview Research, studies the Polypropylene Foams Market value and growth drivers over the trend period of 2022-27. According to the report -
Polypropylene foams market is likely to witness an impressive CAGR of 7.2% during the forecast period. The rising demand for lightweight automobiles is the prime factor that is bolstering the growth of the global polypropylene foams market. Further, the growing claim from various end-use industries in the industrialized and emerging economies has prompted the evolution of the polypropylene foams market.
Segment Analysis:
Based on Type:
Based on the type, the market is segmented as expanded polypropylene (EPP) foams, extruded polypropylene (XPP) foams, and type (Density Basis). Expanded polypropylene (EPP) foam is presently governing the market. However, extruded polypropylene (XPP) foam is estimated to be the fastest-growing segment during the forecast period, and is chosen by several key end-use industries for various applications, owing to its premium performance properties, such as lightweight, elevated impact resistance, water & moisture confrontation, and shape withholding property.
Based on Region:
In terms of regions, Asia-Pacific is estimated to depict the maximum growth in the polypropylene foams market, in terms of value and volume, during the forecast period. In current years, the claim from packaging applications and automotive sectors has grown in the region, owing to rising population and increasing disposable income, which in turn, is driving the polypropylene foams market in the region. Polypropylene foams are dominating the market as they are absolutely recyclable. With their remarkable characteristics, polypropylene foams qualify for CO2 emissions reduction. Driven by their superior mechanical properties, polypropylene foams can be employed time and again for many years, even under severe environmental circumstances. The robust call for high-end polypropylene foams in automotive industries from developing countries and convalescing developed nations is anticipated to bolster the growth of this market during the forecast period. North America and Europe are also expected to offer substantial growth opportunities in the coming five years.
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Critical Questions Answered in the Report
What are the key trends in the global Polypropylene Foams Market?
How the Polypropylene Foams Market (and its various sub-segments) has grown in the last five years?
What would be the growth driver and growth rate in next five years?
What is the impact of COVID-19 on the Polypropylene Foams Market?
What are the key strategies adopted by the major vendors to lead in the Polypropylene Foams Market?
What is the market share of the key players?
Target Audience
The following is a list of the customers that the Polypropylene Foams Market aims to convert the most:
Manufacturing Organizations
Distributors & Suppliers
Potential Investors
Custom Research: Stratview research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, or to cover analysis on any particular geography or segment, please send your inquiry at [email protected] or +1-313-307-4176.
What we do –Stratview Research is a growing market research firm. Experts here illustrate innovative, descriptive, and comprehensive insights through market research to satisfy your individual and organizational objectives. We assist the users to make well-informed, profound and favourable decisions to comprehend the advantages of forthcoming trends, developments, assessments, and opportunities through our precise understanding of the market.
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Global Polypropylene Foams Market Study, 2015-2030
Analysis of the POLYPROPYLENE FOAMS MARKET
A comprehensive market study on the POLYPROPYLENE FOAMS MARKET Market provides an overview of the demand-supply and consumption patterns of Polypropylene Foams Market across six different regions. This market study describes the Polypropylene Foams Market Market, with focus on major countries and their subsequent demand for different segments. This report on the global Polypropylene Foams Market market offers a complete overview of various factors impacting positively or negatively on the overall growth of the Keyword market.
Distinct market estimations and forecasts are presented in this comprehensive Polypropylene Foams Market market study. Various secondary sources such as encyclopedia, directories, technical handbooks, company annual reports, industry association publications, magazine articles, world economic outlook, and databases have been referred to identify and collect information useful for this extensive commercial study of Polypropylene Foams Market. Moreover, both micro-economic and macro-economic factors have been considered to arrive at growth rate and size estimation in the short and long-term forecast. Prismane Consulting supplements this with primary research. The primary sources are experts from related industries and suppliers. For market forecast, and production / plant operating rates, we assume numerous reasons that drive production including new production capacity is brought on-stream, Planned, and unplanned outages of existing capacities and Subdued demand from end-use applications.
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The current COVID-19 pandemic is causing high and rising human costs worldwide. Isolation, nationwide lockdowns, and widespread closures to stop the spread of the virus have severely impacted the economy. As a result, the global economy declined by an around of -3.5% in 2020, much worse and below the 2008-2009 subprime mortgage crisis. The global economy has grown between 5% and 6% in 2021 and 2022 due to the normalization brought in the regional economic activities on back of the fading COVID-19 pandemic and stability in the crude oil prices. The economic activities have been aided by the new policies surrounding financial, agricultural, industrial, and manufacturing sector. The report on Polypropylene Foams Market Market studies and outlines the impact of COVID-19 and presents the forecasts for the short, mid and long-term. The report also covers Macro-economic factors like GDP, Population and World Economic integration, Economic & Energy Outlook, Industry & Policy Developments, End-use Industry / Applications Market, Reasoning & Analysis, Insightful Commentary, Market Review, Comparative Analysis, Latest Trends and market developments, Key players, Strategic Issues and Recommendations, Business Opportunity Assessment and much more.
Global Polypropylene Foams Demand Analysis By Type, By Application,
(Volume, Value) (2015–2030)
Strategic Issues
Demand Analysis and Forecast (2015 – 2030)
Demand
Demand Growth Rate (%)
Driving Force Analysis
Global Polypropylene Foam Market, By Type
Expanded Polypropylene (EPP) Foams
Extruded Polypropylene (XPP) Foams
Global Polypropylene Foam Market, By Application
Packaging
Automotive
Consumer Products
Others
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Chemical Sciences, Engineering, Oil & Gas, Finance, Economics and Business backgrounds
Real-world industry, consulting, and market research experience
Average work experience of 10+ years
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Prismane Consulting is a unique global boutique consulting firm with an Indian origin. We present ourselves to the world outside providing management, economic and technical expertise to improve customer engagement, boost operational efficiency, reduce costs, and achieve superior business results. Prismane Consulting serves leading businesses in the field of Chemicals, Petrochemicals, Polymers, Materials, Environment and Energy. We have been advising clients on their key strategic issues solving their toughest and most critical business problems. To know more write to us on [email protected]
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Global XPP Foam Market – Industry Trends and Forecast to 2025
Global XPP Foam Market is expected to reach USD 1152.78 million by 2025, from USD 696.55 million in 2017 growing at a CAGR of 6.5% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Definition: Global XPP Foam Market
Extruded Polypropylene or XPP Foams are used to provide protection layer or shock absorbent. It is a layer of foaming designed to take stress and tension thus reducing the impact on the main component. Rising packaging industry and increasing trends in lightweight packaging is set to boost the growth for this market. Automotive XPP foams find their usage in barriers, bumpers, side door panels, visors etc. With increasing share of organic and inorganic materials and due to high resistivity offered by the XPPs, the market is to witness huge growth during the forecast period.
Market Drivers:
·Increasing demand from automotive industry.
·Diversity in application of XPP foams in end use industries.
·Superior properties offered by XPP foams as compared to other materials.
Market Restraint:
·Volatility in the prices of raw materials.
·Lack of awareness regarding XPP foams amongst users.
Segmentation:
The global market for Global XPP Foam by the following sub-categories is presented
By Type
·Low-density
·High-density
By End Use Industry
·Automotive
·Packaging
·Building & Construction
By Geography
·North America
·South America
·Europe
·Asia-Pacific
·Middle East and Africa
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Competitive Analysis:
The global XPP foam market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of XPP foam market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
In Feb 2018 Toray Industries, Inc. started operating in India at Andhra Pradesh by the name of Toray Industries (India) Pvt. Ltd., to set up a new base for polypropylene. The expected production from the new facility is estimated to be around 18000 tones. The expansion has been done by Toray Industries with a view that there is an increasing demand from industries.
Key Market Competitors:
The key players operating in the global XPP foam market are –
·Borealis AG.
·Mitsui Chemicals, Inc.
·BASF SE
·JSP
·Sekisui Voltek, LLC
Key Insights:
·Historical and current market size and projection up to 2025
·Market trends impacting the growth of the global XPP foam market.
·Analyze and forecast XPP foam market on the basis of type and end use industry.
·Trends of key regional and country-level markets for type and end use industry.
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#Global XPP Foam Industry Analysis#Global XPP Foam Market Research Report#Global XPP Foam Research Report#XPP Foam Market#XPP Foam Research Report
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The Global XPP Foam Market is expected to reach USD 1152.78 million by 2025, from USD 696.55 million in 2017 growing at a CAGR of 6.5% during the forecast period of 2018 to 2025.
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X-ray Apparatus Market Research Study including Growth Factors, Types and Application by regions from 2019 to 2025
“The latest report, XPP Foam market attempts to explain as well as understand the buying pattern to help companies design a marketing strategy that can attract more buyers. The approach empowers stakeholders to target audience more accurately and reap highest profits. The product research carried out during the study of the XPP Foam market for the forecast period, 2019 to 2025 aims at helping product owners tweak their products or services according to the taste customers.
Get a FREE Sample PDF Report: https://www.marketgrowthinsight.com/sample/18962
Apart from this, the valuable document weighs upon the performance of the industry on the basis of a product service, end-use, geography and end customer.
When studying the major drivers a conscious effort is made to assess the rise in the product demand, changes in regulatory policies and fluctuating prices of the raw material. Importantly, the study quantifies the industry share occupied by the prominent vendors and offers an extensive view of the growing investment pocket in the XPP Foam industry worldwide.
Detailed evaluation of various aspects with respect to the geography for the estimated period forms an important part of the research.
A quick look at the industry trends and opportunities
The market opportunity analysis offered in the market intelligence report measures various intangible factors such as gross margin, profit, demand and supply, distribution channel and spending power of the customers. Importantly, the study classifies the industry into an array of segments based on product type, application and consumer preference
Make an Inquiry of XPP Foam market Report: https://www.marketgrowthinsight.com/inquiry/18962
The report also presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market.
The key players covered in this report:
• The major manufacturers covered in this report BASF Borealis Braskem Mitsui Chemicals Toray Industries DS Smith JSP Corporation NMC SA
• Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering North America Europe China Japan Southeast Asia India
• On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into Low-density XPP High-density XPP
• On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including Transport Packaging Building and Construction
• Key Stakeholders XPP Foam Manufacturers XPP Foam Distributors/Traders/Wholesalers XPP Foam Subcomponent Manufacturers Industry Association Downstream Vendors
This report studies the global XPP Foam market status and forecast, categorizes the global XPP Foam market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, and other regions (India, Southeast Asia).
A thorough evaluation of the key driving forces proves beneficial in understanding the manner in which major vendors communicate with their current prospects and existing customers. Detailed data on the restraining factors aid companies and individual lowering the risks. It does so by revealing which opportunities will result in generating more profits.
Purchase XPP Foam Market Research Report: https://www.marketgrowthinsight.com/checkout/18962
The Research Provides Answers to the Following Key Questions:
What is the size of occupied by the prominent leaders for the forecast period, 2019 to 2025? What will be the share and the growth rate of the XPP Foam market during the forecast period?
Which companies are dominating the competitive landscape across different region and what strategies have they applied to gain a competitive edge?
What are the major factors responsible for the growth of the XPP Foam market across the different regions?
What are the challenges faced by the companies operating in the XPP Foam market?
What are the future prospects for the XPP Foam market industry in the coming years?
Which trends are likely to contribute to the development rate of the XPP Foam industry during the forecast period, 2019 to 2025?
What are the future prospects of the XPP Foam industry for the forecast period, 2019 to 2025?
About us : Market Growth Insight, is a one stop solution for market research reports in various business categories. We are serving 100+ clients with 10000+ diverse industry reports and our reports are developed to simplify strategic decision making, on the basis of comprehensive and in-depth significant information, established through wide ranging analysis and latest industry trends. Contact us : 502, Sai Radhe, Kenedy Road, Behind Hotel Sheraton Grand, Near Pune Station, Pune-411001, [email protected] + 91 8956 049 020
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Polypropylene Foams Market Share, Growth, Trends and Forecast to 2025 : Market Growth Insight
“The recent research, Polypropylene Foams Market enables stakeholders, field marketing executives and business owners get one step ahead by giving them a better understanding of their immediate competitors for the forecast period, 2019 to 2025. Most importantly, the study empowers product owners to recognize the primary market they are expected to serve. To help companies and individuals operating in the Polypropylene Foams market ensure they have access to commensurate resources in a particular location the research, assess the size that they can realistically target and tap.
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Scope of the Report:
The market intelligence report offers a clear sense of different consumer groups and their needs to help product owners meet the requirements and generate riches and profitability. Apart from this, the report aims at outlining whom the business owners operating in the Polypropylene Foams market should not target and also what are the main alternatives and competitive offerings are. Defining the major challenges and problems remains the key focus of the study. Problem definition covered in the report provides a systematic approach to recent investments and makes product marketing both easier and effective.
In addition, the research is divided into different categories dealing with the various aspects of the market. It assesses both the present and future situation by using the forecast horizon. The forecast analysis was based on the volume and revenue of the Polypropylene Foams Maker market. The analysis tools used in conducting the research include the Porter’s five forces analysis and SWOT analysis.
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The report also presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market.
The key players covered in this report:
• The major manufacturers covered in this report JSP BASF SE Kaneka HANWHA CORPORATION MITSUI CHEMICALS BOREALIS AG FURUKAWA ELECTRIC SONOCO PRODUCTS COMPANY DS SMITH PLC K. K. NAG LTD. PREGIS CORPORATION SEKISUI ALVEO AG SSW PEARLFOAM GMBH SYNBRA HOLDING BV THE WOODBRIDGE GROUP
• Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering North America Europe China Japan Southeast Asia India
• On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into Expanded Polypropylene (Epp) Foams Extruded Polypropylene (Xpp) Foams
• On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including Car Packaging Consumer Goods Other
• Key Stakeholders Polypropylene Foams Manufacturers Polypropylene Foams Distributors/Traders/Wholesalers Polypropylene Foams Subcomponent Manufacturers Industry Association Downstream Vendors
This report studies the global Polypropylene Foams market status and forecast, categorizes the global Polypropylene Foams market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, and other regions (India, Southeast Asia).
A thorough evaluation of the key driving forces proves beneficial in understanding the manner in which major vendors communicate with their current prospects and existing customers. Detailed data on the restraining factors aid companies and individual lowering the risks. It does so by revealing which opportunities will result in generating more profits.
Purchase Polypropylene Foams Market Research Report: https://www.marketgrowthinsight.com/checkout/18191
The research provides answers to the following key questions:
What is the size of occupied by the prominent leaders for the forecast period, 2019 to 2025? What will be the share and the growth rate of the Polypropylene Foams market during the forecast period?
What are the future prospects for the Polypropylene Foams industry in the coming years?
Which trends are likely to contribute to the development rate of the industry during the forecast period, 2019 to 2025?
What are the future prospects of the Polypropylene Foams industry for the forecast period, 2019 to 2025?
Which companies are dominating the competitive landscape across different region and what strategies have they applied to gain a competitive edge?
What are the major factors responsible for the growth of the market across the different regions?
What are the challenges faced by the companies operating in the Polypropylene Foams market?
About us : Market Growth Insight, is a one stop solution for market research reports in various business categories. We are serving 100+ clients with 10000+ diverse industry reports and our reports are developed to simplify strategic decision making, on the basis of comprehensive and in-depth significant information, established through wide ranging analysis and latest industry trends. Contact us : 502, Sai Radhe, Kenedy Road, Behind Hotel Sheraton Grand, Near Pune Station, Pune-411001, [email protected] + 91 8956 049 020
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Extruded Polypropylene (XPP) Foam Market to Observe Strong Development by 2024
Expanded polypropylene (XPP) is a closed-cell bead foam that possess unique properties such as multiple impact resistance, thermal insulation, water and chemical resistance, high strength, and recyclability. As name indicates, extruded polypropylene foam is manufactured by extruding a mixture of a physical blowing agent, polypropylene resin, with high melting strength and elasticity and nucleating agent.
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Extruded Polypropylene (XPP) Foam Market: Segmentation
The global extruded polypropylene (XPP) foam market can be segmented based on density type and end-user industry type. Based on density type, the global extruded polypropylene (XPP) foam market can be segregated into high density and low density. Among these types, the low density segment is estimated to dominate the global extruded polypropylene (XPP) foam market during the forecast period. Low density extruded polypropylene foams are increasingly being utilized in major end-user industries such as automotive, packaging, and insulation. In packaging, low density extruded polypropylene is employed in food packaging and other protective packaging. This is a major factor that is anticipated to propel the demand for extruded polypropylene foam during the forecast period.
Based on end-user industry, the global extruded polypropylene (XPP) foam market can be classified into building & construction, automotive, packaging, and others. The automotive segment is anticipated to dominate the global extruded polypropylene (XPP) foam market during the forecast period. In the automotive industry, extruded polypropylene foams are utilized for lightweight parts, especially for door liners and bumpers. Rise in production of lightweight parts in order to improve the efficiency of the vehicle is a major factor that is expected to boost the demand for extruded polypropylene (XPP) foam in the automotive industry. In the building & construction industry, extruded polypropylene (XPP) foam are employed in interior works and housing. Demand for extruded polypropylene (XPP) foam in the automotive industry is expected to rise at a significant growth rate during the forecast period.
Extruded Polypropylene (XPP) Foam Market: Region-wise Outlook
Based on region, the global extruded polypropylene (XPP) foam market can be split into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In terms of volume and value, Asia Pacific is expected to dominate the global extruded polypropylene (XPP) foam market during forecast period. Asia Pacific is a prominent automotive hub. Furthermore, it is a densely populated region and hence, the region witnesses a consistent rise in demand for building & construction. Rise in automotive demand coupled with increase in building & construction activities is a major driver that is anticipated to propel the demand for extruded polypropylene foam in the region in the near future.
In Asia Pacific, India and China were the two major countries that contributed to a majority share of the global extruded polypropylene (XPP) foam market in Asia Pacific. Extruded polypropylene foam Companies are planning to establish their facility in this region in order to cater to the increase in demand for extruded polypropylene foam for various end-user industries applications. After Asia Pacific, Europe is expected to be major region, followed by North America. The global extruded polypropylene (XPP) foam market in other regions, such as Latin America and Middle East & Africa, is expected to expand at a sluggish pace during the forecast period.
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Extruded Polypropylene (XPP) Foam Market: Key Players
Large number of companies operate in the global extruded polypropylene (XPP) foam market. Prominent manufacturers in the extruded polypropylene (XPP) foam include JSP, Toray industries, BASF SE, Borealis, Mitsui Chemicals, DS Smith Plc, and SSW PearlFoam GmbH. Companies are focusing on innovation and strategic expansion in order to sustain in the intense competition. Toray and Borealis are planning to establish polypropylene manufacturing facilities in India and the U.S., respectively.
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TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
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Market Analysis: Global Polypropylene Foams Market
The global polypropylene foams market accounted for USD 960.3 million in 2016 and is projected to grow at a CAGR of 5.6% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Market Definition: Global Polypropylene Foams Market
Polypropylene is a thermoplastic polymer which can be readily formed by catalytic polymerization of propylene. Polypropylene foams are used for the packaging purpose and is durable and light weight.There is a growing demand for polypropylene foams in automotive, packaging and consumer products activates, which is expected to be one of the major drivers of the market over the next seven years.
Major market drivers:
Better performance compared to the other foams
Sustainable and eco-friendly
Ideal performance, durability and light weight of polypropylene
Market restraint:
High price of polypropylene foams
Low awareness about polypropylene foams
Market Segmentation: Global Polypropylene Foams Market
The polypropylene foams market is segmented on the basis of type into EPP and XPP.
On the basis of application, the market is segmented into automotive, packaging, consumer products and others.
On the basis of geography, the polypropylene foams market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
Competitive Landscape: Global Polypropylene Foams Market
The global polypropylene foams market is fragmented with the presence of a large number of players across different regions. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Major Market Competitors: Global Polypropylene Foams Market
Some of the major players in polypropylene foams market JSP.,BASF SE, Kaneka Corporation, Hanwha Corporation, Mitsui Chemicals, Inc., Borealis AG, Furukawa Electric Co., Ltd., Sonoco Products Company, DS Smith, K. K. NAG Ltd., Pregis Corporation, Sekisui Alveo AG, ZOBLOK, Synbra Holding BV, Woodbridge Foam Corporation, Armacell Enterprise GmbH & Co. KG, NMC Group, Alpha Foam Ltd., CLARK FOAM PRODUCTS, Mammoth Products, Inc., Miles Products, American Excelsior, Inc., Johnsonplastic, Williams Foam, Quality Foam Packaging, Inc.and many more.
Research Methodology: Global Polypropylene Foams Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an analyst call or can drop down your inquiry.
The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
#Global Polypropylene Foams Market#Polypropylene Foams#Polypropylene Foams Market#Global Polypropylene Foams Market Size#Global Polypropylene Foams Market Share#Global Polypropylene Foams Market Overview#Global Polypropylene Foams Market Opportunities#Global Polypropylene Foams Market Forecast#Global Polypropylene Foams Market Trends#Global Polypropylene Foams Market Growth#Global Polypropylene Foams Market Key Players
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Extruded Polypropylene (XPP) Foam Market to Garner Brimming Revenues by 2026
Extruded Polypropylene (XPP) Foam Market: Introduction
Expanded polypropylene (XPP) is a closed-cell bead foam that possess unique properties such as multiple impact resistance, thermal insulation, water and chemical resistance, high strength, and recyclability. As name indicates, extruded polypropylene foam is manufactured by extruding a mixture of a physical blowing agent, polypropylene resin, with high melting strength and elasticity and nucleating agent.
Extruded Polypropylene (XPP) Foam Market: Segmentation
The global extruded polypropylene (XPP) foam market can be segmented based on density type and end-user industry type. Based on density type, the global extruded polypropylene (XPP) foam market can be segregated into high density and low density. Among these types, the low density segment is estimated to dominate the global extruded polypropylene (XPP) foam market during the forecast period. Low density extruded polypropylene foams are increasingly being utilized in major end-user industries such as automotive, packaging, and insulation. In packaging, low density extruded polypropylene is employed in food packaging and other protective packaging. This is a major factor that is anticipated to propel the demand for extruded polypropylene foam during the forecast period. Based on end-user industry, the global extruded polypropylene (XPP) foam market can be classified into building & construction, automotive, packaging, and others. The automotive segment is anticipated to dominate the global extruded polypropylene (XPP) foam market during the forecast period. In the automotive industry, extruded polypropylene foams are utilized for lightweight parts, especially for door liners and bumpers. Rise in production of lightweight parts in order to improve the efficiency of the vehicle is a major factor that is expected to boost the demand for extruded polypropylene (XPP) foam in the automotive industry. In the building & construction industry, extruded polypropylene (XPP) foam are employed in interior works and housing. Demand for extruded polypropylene (XPP) foam in the automotive industry is expected to rise at a significant growth rate during the forecast period.
Extruded Polypropylene (XPP) Foam Market: Region-wise Outlook
Based on region, the global extruded polypropylene (XPP) foam market can be split into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In terms of volume and value, Asia Pacific is expected to dominate the global extruded polypropylene (XPP) foam market during forecast period. Asia Pacific is a prominent automotive hub. Furthermore, it is a densely populated region and hence, the region witnesses a consistent rise in demand for building & construction. Rise in automotive demand coupled with increase in building & construction activities is a major driver that is anticipated to propel the demand for extruded polypropylene foam in the region in the near future. In Asia Pacific, India and China were the two major countries that contributed to a majority share of the global extruded polypropylene (XPP) foam market in Asia Pacific. Extruded polypropylene foam Companies are planning to establish their facility in this region in order to cater to the increase in demand for extruded polypropylene foam for various end-user industries applications. After Asia Pacific, Europe is expected to be major region, followed by North America. The global extruded polypropylene (XPP) foam market in other regions, such as Latin America and Middle East & Africa, is expected to expand at a sluggish pace during the forecast period.
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Extruded Polypropylene (XPP) Foam Market: Key Players
Large number of companies operate in the global extruded polypropylene (XPP) foam market. Prominent manufacturers in the extruded polypropylene (XPP) foam include JSP, Toray industries, BASF SE, Borealis, Mitsui Chemicals, DS Smith Plc, and SSW PearlFoam GmbH. Companies are focusing on innovation and strategic expansion in order to sustain in the intense competition. Toray and Borealis are planning to establish polypropylene manufacturing facilities in India and the U.S., respectively.
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Polypropylene (PP) Foam Market Analysis by Product Type, Applications, Regional Outlook, Technology to 2022 Forecast
The Global Polypropylene (PP) Foam Market is expected to grow at an exponential CAGR in the years to come. Increasing automobile and wrapping business demand is expected to definitely inspire the international polypropylene foam market in the years to come. Exceptional qualities of polypropylene for example thermal separation, mechanical strong suit, acoustical properties, chemical unresponsiveness and absorption, are expected to grow the international market.
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The best presentation of polypropylene foam, which is light in weight and long-lasting, returnable and eco-friendly, takes an increasing demand in developing provinces. It is maintainable and is likely to motivate the market for polypropylene foams for the upcoming period. The most important restrictive features in the polypropylene foams market are the greater value of polypropylene foams, and the lesser attentiveness regarding the product.
Expanded Polypropylene [EPP] foam is the most important category. It is motivating the market for Polypropylene foams. Expanded Polypropylene [EPP] foams possess qualities of best low temperature presentation and respectable confrontation to the chemical. These categories of foams are existing in numerous marks, for example, small thickness, greater thickness, and spongy Polypropylene. The demand for EPP foams is mainly supported by progresses in the HVAC, Automobile, Wrapping, and End User products manufacturing.
The division of the international Polypropylene (PP) Foam Market on the source of Type of extends Extruded Polypropylene Foams [XPP] and Expanded Polypropylene Foams [EPP]. The division of the international Polypropylene (PP) Foam Market on the source of Type of Use extends: End User Products, Wrapping, Automobile, and Others.
The division of the international Polypropylene (PP) Foam industry is on the source of Area. The statement divides international market into a number of important Areas. The division is done with respect to Trades in terms of intake, Profits, Market stake and Development percentage of Polypropylene (PP) Foam in these areas, for the duration of the prediction period. The area wise division of the international market done like this: North America, Europe, Asia-Pacific, Middle East & Africa, and South America. The area of Europe and Asia Pacific have controlled the international polypropylene foam market and detained the main stream market segment above the previous a small number of years. The area of Eastern & Central Europe has observed increasing demand for polypropylene foam and are expected to augment the progress of the international market, above the following years. The area of North America and Middle East & Africa are likely to take reasonable development speed.
Some of the important companies operating in the Polypropylene (PP) Foam Market on the international basis are The Woodbridge Group, Hanwha Corporation, K. K. Nag Ltd., Sonoco Products Company, SSW Pearl Foam GmBH, Kaneka Corporation, BASF SE, DS Smith Plc, Sekisui Alveo AG, Furukawa Electric Co., Ltd., Borealis AG, Mitsui Chemicals, Inc., Synbra Holding BV, Pregis Corporation, and JSP. Additional noticeable companies operating in the Polypropylene (PP) Foam Market on the international basis are PMPF, Polyfoam Australia, Moulded Foams, NMC Group, Zotefoams, Borealis, Thai Foam, Kaneka, Storopack Group, Armacell, SSI Schaefer, Huntsman, and Pros Eat.
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#Chemicals & Materials#Polypropylene (PP) Foam Market Size#Polypropylene (PP) Foam Market Analysis#Polypropylene (PP) Foam Market Trends#Polypropylene (PP) Foam Market Share
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Lightweight and High Melt Strength Properties is expected to further boost Extruded Polypropylene Foam Market demand
The global extruded polypropylene (XPP) foam market is expected to reach USD 1.07 billion by 2025, according to a new report by Grand View Research, Inc. The growing demand for extruded polypropylene foam in automobiles and packaging industry is expected to boost market growth.
The demand for extruded polypropylene foam is high due to its high strength to weight ratio and durability. Extruded polypropylene foam is available in low-density and high-density foam types. The market share of low-density foam is high due to its growing demand in the automobile industry. The demand for high-density foam is expected to grow rapidly over the forecast period owing to rising application in the construction industry.
Asia Pacific and Europe are the major regional markets. The presence of a large number of manufacturing facilities coupled with growing end-use industries is driving the demand for extruded polypropylene foam in these regions. The growing demand in emerging countries such as China, India, and Romania is expected to boost the market growth over the forecast period.
Access Full Research Report on XPP Foam Market: http://www.grandviewresearch.com/industry-analysis/extruded-polypropylene-xpp-foam-market
Further key findings from the report suggest:
High density XPP foam is projected to grow at a CAGR of 7.7% from 2017 to 2025 owing to increased demand from packaging and building & construction industry
Transportation application segment is anticipated to grow at a CAGR of 7.1% from 2017 to 2025 owing to rising research on automotive materials
Building & Construction application segment is anticipated to grow at a CAGR of 6.4% from 2017 to 2025 owing to growing infrastructure investments in emerging economies
Asia Pacific accounted for 52% of the global market share in 2016 owing to rapid expansion by manufacturers in countries such as China and India
Central & South America extruded polypropylene foam market is expected to grow from USD 28.8 million in 2016 to USD 49.8 million in 2025 owing to growing demand in Brazil
The market is highly fragmented with the presence of a large number of small and large manufacturers
Manufacturers are highly engaged introduction of better quality products that are well suited to the end-use application.
Read Our Blog: http://www.grandviewresearch.com/blogs/bulk-chemicals
Grand View Research has segmented the extruded polypropylene foam market on the basis of product, application, and region:
Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
Low density XPP foam
High density XPP foam
Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
Transportation
Packaging
Building & Construction
Others
Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 – 2025)
North America
U.S.
Canada
Europe
Germany
Italy
France
Asia Pacific
China
Japan
India
South Korea
Central & South America
Brazil
Middle East & Africa
Browse Press Release of this Report: http://www.grandviewresearch.com/press-release/global-extruded-polypropylene-xpp-foam-market
About Grand View Research Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
For More Information: www.grandviewresearch.com
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Extruded Polypropylene Foam Market Is Projected To Grow At A CAGR Of 7.7% From 2017 To 2025: Grand View Research, Inc.
The global extruded polypropylene (XPP) foam market is expected to reach USD 1.07 billion by 2025, according to a new report by Grand View Research, Inc. The growing demand for extruded polypropylene foam in automobiles and packaging industry is expected to boost market growth.
The demand for extruded polypropylene foam is high due to its high strength to weight ratio and durability. Extruded polypropylene foam is available in low-density and high-density foam types. The market share of low-density foam is high due to its growing demand in the automobile industry. The demand for high-density foam is expected to grow rapidly over the forecast period owing to rising application in the construction industry.
Asia Pacific and Europe are the major regional markets. The presence of a large number of manufacturing facilities coupled with growing end-use industries is driving the demand for extruded polypropylene foam in these regions. The growing demand in emerging countries such as China, India, and Romania is expected to boost the market growth over the forecast period.
View summary of this report @ http://www.grandviewresearch.com/industry-analysis/extruded-polypropylene-xpp-foam-market
Further key findings from the report suggest:
High density XPP foam is projected to grow at a CAGR of 7.7% from 2017 to 2025 owing to increased demand from packaging and building & construction industry
Transportation application segment is anticipated to grow at a CAGR of 7.1% from 2017 to 2025 owing to rising research on automotive materials
Building & Construction application segment is anticipated to grow at a CAGR of 6.4% from 2017 to 2025 owing to growing infrastructure investments in emerging economies
Asia Pacific accounted for 52% of the global market share in 2016 owing to rapid expansion by manufacturers in countries such as China and India
Central & South America extruded polypropylene foam market is expected to grow from USD 28.8 million in 2016 to USD 49.8 million in 2025 owing to growing demand in Brazil
The market is highly fragmented with the presence of a large number of small and large manufacturers
Manufacturers are highly engaged introduction of better quality products that are well suited to the end-use application.
Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/plastics-polymers-and-resins
Grand View Research has segmented the extruded polypropylene foam market on the basis of product, application, and region:
Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
· Low density XPP foam
· High density XPP foam
Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
· Transportation
· Packaging
· Building & Construction
· Others
Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
· North America
U.S.
o Canada
· Europe
o Germany
o Italy
o France
· Asia Pacific
o China
o Japan
o India
o South Korea
· Central & South America
o Brazil
· Middle East & Africa
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
For more information visit - www.grandviewresearch.com
#Extruded Polypropylene Foam Market#Extruded Polypropylene Foam Market growth#Extruded Polypropylene Foam Market size#Extruded Polypropylene Foam Market share#Extruded Polypropylene Foam Market analysis
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Global XPP Foam Market is expected to reach USD 1152.78 million by 2025, from USD 696.55 million in 2017 growing at a CAGR of 6.5% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
#Global XPP Foam Industry Analysis#Global XPP Foam Market Research Report#Global XPP Foam Research Report#XPP Foam Market#XPP Foam Research Report
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