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Polypropylene Foams Market Trends

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

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Polypropylene Foams Market Trends

Growing awareness of environmental concerns is driving demand for sustainable and recyclable foam materials, leading to research and innovation in eco-friendly polypropylene foams. The automotive industry's emphasis on reducing vehicle weight to improve fuel efficiency and reduce emissions is driving the adoption of lightweight polypropylene foams in vehicle components. The construction industry's focus on energy efficiency and insulation is boosting the use of polypropylene foams for thermal insulation in buildings and infrastructure.

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.