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Asia Pacific Expanded Polyethylene (EPE) Foam Market Size

  • Report ID: GMI4595
  • Published Date: Mar 2020
  • Report Format: PDF
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Asia Pacific Expanded Polyethylene Foam Market Size

Asia Pacific Expanded Polyethylene (EPE) Foam Market size was valued at around USD 939.4 million in 2019 and will showcase a growth rate close to 5% CAGR from the period between 2020 to 2026. Proliferating automotive, construction, and electronic industries across the region have led to rising demand for packaging materials and will boost the market growth over the projected time period.

 

Asia Pacific Expanded Polyethylene Foam Market Statistics

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Expanded polyethylene (EPE) foam is a closed cell type, non-crossed linked, moulded semi rigid type of polyethylene foam that is used for several applications including packaging, insulation, among others. EPE foam is produced by low-density polyethylene resin, which has good plasticity, resistance to moisture, toughness, and strong anti-collision characteristics.
 

Asia Pacific Expanded Polyethylene (EPE) Foam Market Report Attributes
Report Attribute Details
Base Year:2019
Asia Pacific Expanded Polyethylene (EPE) Foam Market Size in 2019:938.4 Million (USD)
Forecast Period:2020 to 2026
Forecast Period 2020 to 2026 CAGR:5.1%
2026 Value Projection:1,329.2 Million (USD)
Historical Data for:2016 to 2018
No. of Pages:121
Tables, Charts & Figures:127
Segments covered:Form, Product, Application, Country
Growth Drivers:
  • Growing automotive industry in the Asia Pacific region
  • Rising demand for EPE foam in packaging and insulation applications
  • Growth of construction industry and rising importance of green buildings
Pitfalls & Challenges:
  • Limited recycling companies and presence of substitute
  • Fluctuating crude oil prices
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Authors: Kiran Pulidindi

Frequently Asked Questions (FAQ) :

The expanded polyethylene foam market is expected to witness a remuneration of Usd 1329.2 million in 2026.

According to credible reports, expanded polyethylene foam market would record a crcr of 5% over the anticipated time span.

According to the report published by Global Market Insights Inc., the Asia Pacific expanded polyethylene foam business is supposed to attain 1329.2 million by 2026.

Growing automotive industry, rising demand for EPE foam in packaging and insulation applications, growth of construction industry, and rising importance of green buildings are the major factors expected to drive the growth of global market.

Armacell, KANEKA CORPORATION, Sonoco Products Company, RAHIL FOAM PVT LTD, Modern Material Enterprises Co. Ltd., Supreme Industries Limited, Sing Home Polyfoam (Suzhou) Co., Ltd., Kiwi Thermopack, T. G. & Son Corp. LTD., Long Future Co., Ltd. are some of the top contributors in the industry.

The laminated EPE foam product segment registered a decent market share in 2019 and is projected to record a remarkable growth rate throughout the forecast period.

Asia Pacific Expanded Polyethylene (EPE) Foam Market Scope

  • Asia Pacific Expanded Polyethylene (EPE) Foam Market Size
  • Asia Pacific Expanded Polyethylene (EPE) Foam Market Analysis
  • Asia Pacific Expanded Polyethylene (EPE) Foam Market Share

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    Premium Report Details

    • Base Year: 2019
    • Companies covered: 10
    • Tables & Figures: 127
    • Countries covered: 7
    • Pages: 121
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