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Polypropylene Foams Market Analysis

Report ID: GMI6699
Published Date: Sep 2023
Report Format: PDF

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Polypropylene Foams Market Analysis

Polypropylene Foams Market Size, By Product Type, 2021 - 2032 (USD Billion)

Based on product type, the polypropylene foams market is segmented as Expanded Polypropylene, Extruded Polypropylene, Others. Expanded Polypropylene held a majority market value of USD 1.36 Billion in 2022. EPP's lightweight nature and impact resistance drive its use in automotive components to reduce vehicle weight. EPP's cushioning and protective properties make it suitable for packaging fragile and sensitive items.

Polypropylene Foams Market Revenue Share, By End-use, (2022)

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Based on end-use, the market is segmented as Packaging, Automotive, Construction, Electronics, Others. Packaging held a dominant polypropylene foams market share of around 34.4% in 2022 and is expected to grow at a lucrative pace till 2032. Polypropylene foams provide excellent cushioning and protective properties for fragile and sensitive items during transportation.

U.S. Polypropylene Foams Market Size, 2020- 2032 (USD Billion)

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U.S. dominated the North American region with majority polypropylene foams market share and a revenue of USD 349.7 Million in 2022 and is anticipated to expand at a significant pace from 2023-2032. Stricter fuel efficiency and emissions regulations drive the use of lightweight materials like polypropylene foams in vehicle components to reduce weight.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Market size for polypropylene foams was valued at around USD 1.28 billion in 2023 and is estimated to reach USD 2.31 billion by the end of 2032, as these foams are lightweight and offer high strength-to-weight ratios.

Expanded Polypropylene held a majority market value of over USD 1.36 billion in 2022 and will gain traction as EPP's lightweight nature and impact resistance drive its use in automotive components to reduce vehicle weight.

U.S. polypropylene foams market was valued over USD 349.7 million in 2022 and is anticipated to expand at a significant pace from 2023-2032, owing to the stricter fuel efficiency and emissions regulations that drive the use of lightweight materials like polypropylene foams in vehicle components to reduce weight.

BASF SE, SEKISUI CHEMICAL CO., LTD., Kaneka Corporation, JSP Corporation, SABIC, Recticel, Borealis AG, Armacell, Toray Industries, Inc., Rogers Corporation, INOAC Corporation, RTP Company, Zotefoams plc, ACH Foam Technologies, LLC, Pregis LLC among others.