Global Extruded Polypropylene (XPP) Foam Market is projected to reach 1.48 Billion by 2027, at a CAGR of over 6% during the 2023-2027. The rising packaging industry and growing demand for lightweight packaging and high melt strength properties is expected to further boost market demand. The demand for XPP foam is anticipated to grow rapidly owing to increasing demand from automobile manufacturing industries that are adopting new technologies aimed at weight reduction of automobiles. Based on type, the market has been segmented into Low-Density XPP Foam (40-200 Kg/M3) and High-Density XPP Foam (200-600 Kg/M3). In 2021, the Low-Density XPP Foam dominated the market and is anticipated to dominate the market over the next five years as well owing to increasing demand from automotive, protective packaging, and insulation applications. Based on end-use industry, the market has been segmented into Automotive, Packaging, Building & Construction and Others. In 2021, the automotive segment dominated the XPP Foam market owing to growing automotive industry and growing use of XPP Foam in bumpers, floor acoustic barriers, sun visors, side door panels etc. in automobiles. The key players in the market are Mitsui Chemicals, Borealis, NMC SA, Pregis, Sonoco, Sohner Plastics, among others.
Some of the leading players in the Global Extruded Polypropylene (XPP) Foam Market are Mitsui Chemicals, Borealis, NMC SA, Pregis, Sonoco, Sohner Plastics, Furukawa Electric, Sumitomo Chemical, JSP Corporation etc.
Objective of the Study
- To analyse and forecast the market size of Extruded Polypropylene (XPP) Foam Market, in terms of value and volume.
- To classify and forecast Global Extruded Polypropylene (XPP) Foam Market based on type, application and regional distribution.
- To identify drivers and challenges for Global Extruded Polypropylene (XPP) Foam Market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Global Extruded Polypropylene (XPP) Foam Market.
- To conduct the pricing analysis for Extruded Polypropylene (XPP) Foam Market.
- To identify and analyse the profile of leading players involved in the manufacturing of Global Extruded Polypropylene (XPP) Foam Market.
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Market insights research performed both primary as well as exhaustive secondary research for this study. Initially, Market insights research sourced a list of manufacturers across the globe. Subsequently, Market insights research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market insights research could include the suppliers which could not be identified due to the limitations of secondary research. Market insights research analysed the service offerings, distribution channels and presence of all major collaboration manufacturers across the globe.
Market insights research calculated the market size of Global
Key Target Audience
- Manufacturers of Extruded Polypropylene (XPP) Foam
- Suppliers and Distributors
- Raw Material Suppliers
- Industry associations and experts
- Research organizations and consulting companies.
- Research Institutes
- Industry associations
- Market research and consulting firm.
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration manufacturer and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Attribute | Details |
Base Year | 2021 |
Historical Data | 2017 – 2020 |
Estimated Year | 2022 |
Forecast Period | 2023 – 2027 |
Quantitative Units | Revenue in USD Million, Volume in Units and CAGR for 2017-2021 and 2022E-2027F | |
Report coverage | Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends | |
Segments covered | - Type
- End Use Industry
|
Regional scope | North America; Europe; Asia Pacific; South America; Middle East & Africa |
Country scope | United States, Mexico, Canada, China, India, Japan, South Korea, Australia; Singapore, Malaysia, Germany, France, United Kingdom, Spain, Italy, South Africa, UAE, Saudi Arabia, Qatar, Brazil, Argentina, Colombia |
Key companies profiled | Mitsui Chemicals, Borealis, NMC SA, Pregis, Sonoco, Sohner Plastics, Furukawa Electric, Sumitomo Chemical, JSP Corporation. |
Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |