Extruded Polypropylene Foam Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

Extruded Polypropylene (XPP) Foam Market is projected to reach USD 1,048.8 million by 2028, at a CAGR of 6% between 2022 and 2028. The main market drivers are the increased use in the automotive and packaging industry due to the low load, environmentally friendly, and recyclable. The rise of the automotive industry is another factor driving the demand for the market, and its extracted polypropylene foam and its low-cost and versatile properties make it superior to packaging, while the growing demand for reusable bottles and eco-friendly kitchens is expected to drive the extrusion demand. However, the lack of awareness and the rising price of the extracted polypropylene foam are considered to be the main constraint of the market growth.

Company Profile

• Borealis (Austria)
• Mitsui Chemicals (Japan)
• BASF (Germany)
• Sekisui Voltek (US)
• Sonoco Products (US)
• DS Smith Plc (UK)
• NMC SA (Belgium)
• Pregis LLC (US)
• Zotefoams Plc (UK)

Market Segmentation

By Type:

• Low-density
• High-density

By End-use Industry

• Automotive
• Packaging
• Building & Construction

Scope of the Report

The research study analyzes the Extruded Polypropylene Foam Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Extruded Polypropylene Foam Market Report

1. What was the Extruded Polypropylene Foam Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Extruded Polypropylene Foam Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Extruded Polypropylene Foam Market was the market leader in 2021?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

Key Benefits of Buying the Extruded Polypropylene Foam Market Report:

• Comprehensive analysis of the changing competitive landscape.
• Assists in decision making processes for the businesses along with detailed strategic planning methodologies.
• The report offers an 8-year forecast and assessment of the Extruded Polypropylene Foam
• Helps in understanding the key product segments and their estimated growth rate.
• In-depth analysis of market drivers, restraints, trends, and opportunities.
• Comprehensive regional analysis of the Extruded Polypropylene Foam
• Extensive profiling of the key stakeholders of the business sphere.
• Detailed analysis of the factors influencing the growth of the Extruded Polypropylene Foam Market.