Expanded Polypropylene (EPP) Foam Market by Type (Low Density, High Density & Porous PP), Application (Automotive, Packaging, Consumer Products), and Region (North America, Europe, Asia-Pacific) - Global Forecast to 2021

  • ID: 3944250
  • Report
  • Region: Global, America, Europe, North America, United States
  • 194 Pages
  • Markets and Markets
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The Global Expanded Polypropylene (EPP) Foam Market Is Estimated to Reach USD 1,525.1 Million by 2021, at a CAGR of 11.41% from 2016 to 2021

FEATURED COMPANIES

  • BASF SE
  • Dongshing Industry, Inc.
  • DS Smith PLC
  • Hanwha Corporation
  • JSP Corporation
  • Kaneka Corporation
  • MORE

The market is driven by the increasing penetration of expanded polypropylene foam in automobiles for weight reduction and in the packaging application due to its light weight and shock absorption properties. Volatility in raw material prices directly impact the prices of expanded polypropylene foam, which acts as a restraint for the market.

“Porous PP is the fastest-growing type in the expanded polypropylene foam market”
Porous expanded polypropylene foam is in the form of cylindrically shaped propylene beads. This foam has a ten times greater capacity to absorb sound and vibrations than the other grades of expanded polypropylene foam. This foam is highly durable, has high structural integrity, and helps in noise reduction due to its porous structure.  JSP Corporation (Japan) is the market leader in the porous expanded polypropylene foam market. Automobile manufacturers are focusing on increasing the use of this foam in automobiles due to its unique properties.

“Rising demand from end -users in Asia-Pacific is the key driver of the global expanded polypropylene foam market“
The Asia-Pacific region is the fastest-growing market for expanded polypropylene foam, in terms of both, value and volume. High growth rate, growing purchasing power, developing infrastructure, increasing demand from end-use industries, and the global shift in production capacity from developed markets to emerging markets are the major factors leading to the growth of the expanded polypropylene foam market in this region.

In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews have been conducted. The breakdown of primary interviews is given below.

- By Company Type - Tier 1 - 56%, Tier 2 - 33%, and Tier 3 - 11%
- By Designation - C level - 45%, D level - 33%, and Others - 22%
- By Region - North America - 28%, Europe - 22%, Asia-Pacific - 20%, South America- 13%, and the Middle East & Africa - 17%

The key companies profiled in this market research report are JSP Corporation (Japan), BASF SE (Germany), Hanwha Corporation (South Korea), Kaneka Corporation (Japan), Furukuwa Electric Co., Ltd. (Japan), DS Smith Plc (U.K.), The Woodbridge Group (Canada), SSW Pearl Foam GmbH (Germany), Sonoco Products Company (U.S.), and Dongshin Industry Inc. (South Korea).
 
Research Coverage:
The report covers the consumption of expanded polypropylene foam across different applications and regions. It aims at estimating the market size and future growth potential of this market across different segments such as type, application, and region. Furthermore, the report also includes an in-depth competitive analysis of the key players in the market along with their company profiles, SWOT analyses, recent developments, and key market strategies.

Key Benefits of Buying the Report:
The report will help the market leaders/new entrants in this market by providing them the closest approximations of the revenues for the overall expanded polypropylene foam market and the subsegments. This report will help stakeholders to better understand the competitor landscape and gain more insights to better position their businesses and make suitable market strategies. The report also helps the stakeholders to understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.

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FEATURED COMPANIES

  • BASF SE
  • Dongshing Industry, Inc.
  • DS Smith PLC
  • Hanwha Corporation
  • JSP Corporation
  • Kaneka Corporation
  • MORE
1 Introduction
1.1 Objectives of the Study
1.2 Currency and Pricing
1.3 Market Definition
1.4 Market Scope
1.4.1 Markets Covered
1.4.2 Years Considered for the Study
1.4.3 Stakeholder

2 Research Methodaology
2.1 Expanded Polypropylene (EPP) Foam Market Research Data
2.1.1 Key Data From Secondary Sources
2.1.2 Key Data From Primary Sources
2.1.3 Breakdown of Primary Interviews
2.1.4 Key Industry Insights
2.2 Expanded Polypropylene (EPP) Foam Market: Research Design
2.3 Market Size Estimation: Top-Down Approach
2.4 Market Size Estimation: Bottom Up Approach
2.5 Data Triangulation
2.6 Assumptions

3 Executive Summary
3.1 Key Findings

4 Premium Insights
4.1 Opportunities in the Expanded Polypropylene (EPP) Foam Market
4.2 Expanded Polypropylene (EPP) Foam Market Growth, By Type
4.3 Expanded Polypropylene (EPP) Foam Market, By Application
4.4 High Growth Potential in Asia- Pacific Expanded Polypropylene (EPP) Foam Market, 2016-2021

5 Expanded Polypropylene (EPP) Foam Market Overview
5.1 Overview
5.2 Polymeric Foam Classification
5.3 Performance Comparison of Polymeric Foams
5.4 Expanded Polypropylene (EPP) Foam: Market Dynamics
5.4.1 Expanded Polypropylene (EPP) Foam Market Forecast: Drivers & Restraints
5.4.2 Expanded Polypropylene (EPP) Foam Market Forecast: Opportunities & Challenges

6 Expanded Polypropylene (EPP) Foam Industry Trends
6.1 Value Chain of Expanded Polypropylene (EPP) Foam
6.2 Porter’s Five Forces Analysis of the Expanded Polypropylene (EPP) Foam Market

7 Expanded Polypropylene (EPP) Foam Market, By Type
7.1 Introduction
7.2 Low Density
7.3 High Density
7.4 Porous PP

8 Expanded Polypropylene (EPP) Foam Market, By Application
8.1 Introduction
8.2 Automotive
8.2.1 Global Automotive Production Trend 2014 vs & 2015
8.3 Packaging
8.4 Consumer Products
8.5 Others

9 Expanded Polypropylene (EPP) Foam Market, Regional
9.1 Introduction
9.2 North America: Expanded Polypropylene (EPP) Foam Market
9.2.1 Introduction
9.2.2 North America Market:Overview
9.2.3 U.S. Market:Overview
9.2.4 Canada Market:Overview
9.2.5 Mexico Market:Overview
9.3 Europe: Expanded Polypropylene (EPP) Foam Market
9.3.1 Introduction
9.3.2 Europe Market:Overview
9.3.3 Germany Market:Overview
9.3.4 France Market:Overview
9.3.5 U.K. Market:Overview
9.3.6 Spain Market:Overview
9.3.7 Italy Market:Overview
9.3.8 Russia Market:Overview
9.3.9 Turkey Market:Overview
9.3.10 Rest of Europe Market:Overview
9.4 Asia - Pacific: Expanded Polypropylene (EPP) Foam Market
9.4.1 Introduction
9.4.2 Asia-Pacific Market:Overview
9.4.3 China Market:Overview
9.4.4 Japan Market:Overview
9.4.5 South Korea Market:Overview
9.4.6 India Market:Overview
9.4.7 Thailand Market:Overview
9.4.8 Indonesia Market:Overview
9.4.9 Malaysia Market:Overview
9.4.10 Rest of Asia-Pacific Market:Overview
9.5 South America:Expanded Polypropylene (EPP) Foam Market
9.5.1 Introduction
9.5.2 South America Market:Overview
9.5.3 Brazil Market:Overview
9.5.4 Argentina Market:Overview
9.5.5 Rest of South America Market:Overview
9.6 Middle East and Africa: Expanded Polypropylene (EPP) Foam Market
9.6.1 Introduction
9.6.2 Middle East & Africa Market:Overview
9.6.3 South Africa Market:Overview
9.6.4 Morocco Market:Overview
9.6.5 Rest of Middle East and Africa Market:Overview

10 Competitive Landscape : Expanded Polypropylene (EPP) Foam Market
10.1 Introduction
10.2 Expanded Polypropylene (EPP) Foam Market, Competitive Positioning
10.3 Expanded Polypropylene (EPP) Foam Market, Key Growth Strategies
10.4 Expanded Polypropylene (EPP) Foam Market, Major Developments
10.5 Expanded Polypropylene (EPP) Foam Market: Key Developments, By Company

11 Company Profiles Expanded Polypropylene (EPP) Foam Market
(Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, Ratio Analysis, MnM View) -
11.1 JSP Corporation
11.2 BASF SE
11.3 Kaneka Corporation
11.4 Furukawa Electric Co., Ltd.
11.5 DS Smith PLC
11.6 Hanwha Corporation
11.7 Sonoco Products Company
11.8 The Woodbridge Group
11.9 SSW Pearlfoam GmbH
11.10 Dongshing Industry, Inc.
  • Details on Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.
12 Appendix
12.1 Discussion Guide

List of Tables

Table 1 Expanded Polypropylene (EPP) Foam Market Snapshot 2016 vs 2021
Table 2 Expanded Polypropylene (EPP) Foam Market Drivers
Table 3 Expanded Polypropylene (EPP) Foam Market Restraints
Table 4 Expanded Polypropylene (EPP) Foam Market Opportunities
Table 5 Expanded Polypropylene (EPP) Foam Market Challenges
Table 6 Expanded Polypropylene (EPP) Foam Market Size, By Type, 2014-2021 (Kilotons)
Table 7 Expanded Polypropylene (EPP) Foam Market Size, By Type, 2014-2021 (USD Million)
Table 8 Low Density: Expanded Polypropylene (EPP) Foam Market Size, By Region, 2014-2021 (Kilotons)
Table 9 Low Density: Expanded Polypropylene (EPP) Foam Market Size, By Region, 2014-2021 (USD Million)
Table 10 High Density: Expanded Polypropylene (EPP) Foam Market Size, By Region, 2014-2021 (Kilotons)
Table 11 High Density: Expanded Polypropylene (EPP) Foam Market Size, By Region, 2014-2021 (USD Million)
Table 12 Porous PP: Expanded Polypropylene (EPP) Foam Market Size, By Region, 2014-2021 (Kilotons)
Table 13 Porous PP: Expanded Polypropylene (EPP) Foam Market Size, By Region, 2014-2021 (USD Million)
Table 14 Expanded Polypropylene (EPP) Foam Market Size, By Application, 2014-2021 (Kilotons)
Table 15 Expanded Polypropylene (EPP) Foam Market Size, By Application, 2014-2021 (USD Million)
Table 16 Automotive: Expanded Polypropylene (EPP) Foam Market Size, By Region, 2014-2021 (Kilotons)
Table 17 Automotive: Expanded Polypropylene (EPP) Foam Market Size, By Region, 2014-2021 (USD Million)
Table 18 Packaging: Expanded Polypropylene (EPP) Foam Market Size, By Region, 2014-2021 (Kilotons)
Table 19 Packaging: Expanded Polypropylene (EPP) Foam Market Size, By Region, 2014-2021 (USD Million)
Table 20 Consumer Products: Expanded Polypropylene (EPP) Foam Market Size, By Region, 2014-2021 (Kilotons)
Table 21 Consumer Products: Expanded Polypropylene (EPP) Foam Market Size, By Region, 2014-2021 (USD Million)
Table 22 Others: Expanded Polypropylene (EPP) Foam Market Size, By Region, 2014-2021 (Kilotons)
Table 23 Others: Expanded Polypropylene (EPP) Foam Market Size, By Region, 2014-2021 (USD Million)
Table 24 Expanded Polypropylene (EPP) Foam Market Size, By Region, 2014-2021 (Kilotons)
Table 25 Expanded Polypropylene (EPP) Foam Market Size, By Region, 2014-2021 (USD Million)
Table 26 North America: EPP Foam Market, 2014-2021 (Kilotons & USD Million)
Table 27 North America: EPP Foam Market, By Type, 2014-2021 (Kilotons)
Table 28 North America: EPP Foam Market, By Type, 2014-2021 (USD Million)
Table 29 North America: EPP Foam Market, By Application, 2014-2021(Kilotons)
Table 30 North America: EPP Foam Market, By Application, 2014-2021(USD Million)
Table 31 North America: EPP Foam Market, By Country, 2014-2021(Kilotons)
Table 32 North America: EPP Foam Market, By Country, 2014-2021 (USD Million)
Table 33 U.S.: Expanded Polypropylene (EPP) Foam Market Size, 2014-2021 (Kilotons & USD Million)
Table 34 U.S.: EPP Foam Market, By Application, 2014-2021 (Kilotons)
Table 35 U.S.: EPP Foam Market, By Application, 2014-2021 (USD Million)
Table 36 Canada: Expanded Polypropylene (EPP) Foam Market Size, 2014-2021 (Kilotons & USD Million)
Table 37 Canada: EPP Foam Market, By Application, 2014-2021 (Kilotons)
Table 38 Canada: EPP Foam Market, By Application, 2014-2021 (USD Million)
Table 39 Mexico: Expanded Polypropylene (EPP) Foam Market Size, 2014-2021 (Kilotons & USD Million)
Table 40 Mexico: EPP Foam Market, By Application, 2014-2021 (Kilotons)
Table 41 Mexico: EPP Foam Market, By Application, 2014-2021 (USD Million)
Table 42 Europe: EPP Foam Market, 2014-2021 (Kilotons & USD Million)
Table 43 Europe: EPP Foam Market, By Type, 2014-2021 (Kilotons)
Table 44 Europe: EPP Foam Market, By Type, 2014-2021 (USD Million)
Table 45 Europe: EPP Foam Market, By Application, 2014-2021 (Kilotons)
Table 46 Europe: EPP Foam Market, By Application, 2014-2021 (USD Million)
Table 47 Europe: EPP Foam Market, By Country, 2014-2021 (Kilotons)
Table 48 Europe: EPP Foam Market, By Country, 2014-2021 (USD Million)
Table 49 Germany: Expanded Polypropylene (EPP) Foam Market Size, 2014-2021 (Kilotons & USD Million)
Table 50 Germany: EPP Foam Market, By Application, 2014-2021 (Kilotons)
Table 51 Germany: EPP Foam Market, By Application, 2014-2021 (USD Million)
Table 52 France: Expanded Polypropylene (EPP) Foam Market Size, 2014-2021 (Kilotons & USD Million)
Table 53 France: EPP Foam Market, By Application, 2014-2021 (Kilotons)
Table 54 France: EPP Foam Market, By Application, 2014-2021 (USD Million)
Table 55 U.K.: Expanded Polypropylene (EPP) Foam Market Size, 2014-2021 (Kilotons & USD Million)
Table 56 U.K.: EPP Foam Market, By Application, 2014-2021 (Kilotons)
Table 57 U.K.: EPP Foam Market, By Application, 2014-2021 (USD Million)
Table 58 Spain.: Expanded Polypropylene (EPP) Foam Market Size, 2014-2021 (Kilotons & USD Million)
Table 59 Spain: EPP Foam Market, By Application, 2014-2021 (Kilotons)
Table 60 Spain: EPP Foam Market, By Application, 2014-2021 (USD Million)
Table 61 Italy.: Expanded Polypropylene (EPP) Foam Market Size, 2014-2021 (Kilotons & USD Million)
Table 62 Russia: Expanded Polypropylene (EPP) Foam Market Size, 2014-2021 (Kilotons & USD Million)
Table 63 Turkey: Expanded Polypropylene (EPP) Foam Market Size, 2014-2021 (Kilotons & USD Million)
Table 64 Rest of the Europe: Expanded Polypropylene (EPP) Foam Market Size, 2014-2021 (Kilotons & USD Million)
Table 65 Asia-Pacific: EPP Foam Market, 2014-2021 (Kilotons & USD Million)
Table 66 Asia-Pacific: EPP Foam Market, By Type, 2014-2021 (Kilotons)
Table 67 Asia-Pacific: EPP Foam Market, By Type, 2014-2021 (USD Million)
Table 68 Asia-Pacific: EPP Foam Market, By Application, 2014-2021 (Kilotons)
Table 69 Asia-Pacific: EPP Foam Market, By Application, 2014-2021 (USD Million)
Table 70 Asia-Pacific: EPP Foam Market, By Country, 2014-2021 (Kilotons)
Table 71 Asia-Pacific: EPP Foam Market, By Country, 2014-2021 (USD Million)
Table 72 China: Expanded Polypropylene (EPP) Foam Market Size, 2014-2021 (Kilotons & USD Million)
Table 73 China: EPP Foam Market, By Application (Kilotons)
Table 74 China: EPP Foam Market, By Application (USD Million)
Table 75 Japan: Expanded Polypropylene (EPP) Foam Market Size, 2014-2021 (Kilotons & USD Million)
Table 76 Japan: EPP Foam Market, By Application, 2014-2021 (Kilotons)
Table 77 Japan: EPP Foam Market, By Application, 2014-2021 (USD Million)
Table 78 South Korea: Expanded Polypropylene (EPP) Foam Market Size, 2014-2021 (Kilotons & USD Million)
Table 79 South Korea: EPP Foam Market, By Application, 2014-2021 (Kilotons)
Table 80 South Korea: EPP Foam Market, By Application, 2014-2021 (USD Million)
Table 81 India: Expanded Polypropylene (EPP) Foam Market Size, 2014-2021 (Kilotons & USD Million)
Table 82 India: EPP Foam Market, By Application, 2014-2021 (Kilotons)
Table 83 India: EPP Foam Market, By Application, 2014-2021 (USD Million)
Table 84 Thailand: Expanded Polypropylene (EPP) Foam Market Size, 2014-2021 (Kilotons & USD Million)
Table 85 Indonesia: Expanded Polypropylene (EPP) Foam Market Size, 2014-2021 (Kilotons & USD Million)
Table 86 Malaysia: Expanded Polypropylene (EPP) Foam Market Size, 2014-2021 (Kilotons & USD Million)
Table 87 Rest of Asia-Pacific: Expanded Polypropylene (EPP) Foam Market Size, 2014-2021 (Kilotons & USD Million)
Table 88 South America: EPP Foam Market, 2014-2021 (Kilotons & USD Million)
Table 89 South America: EPP Foam Market, By Type, 2014-2021 (Kilotons)
Table 90 South America: EPP Foam Market, By Type, 2014-2021 (USD Million)
Table 91 South America: EPP Foam Market, By Application, 2014-2021 (Kilotons)
Table 92 South America: EPP Foam Market, By Application, 2014-2021 (USD Million)
Table 93 South America: EPP Foam Market, By Country, 2014-2021 (Kilotons)
Table 94 South America: EPP Foam Market, By Country, 2014-2021 (USD Million)
Table 95 Brazil: Expanded Polypropylene (EPP) Foam Market Size, 2014-2021 (Kilotons & USD Million)
Table 96 Brazil: EPP Foam Market, By Application, 2014-2021 (Kilotons)
Table 97 Brazil: EPP Foam Market, By Application, 2014-2021 (USD Million)
Table 98 Argentina: Expanded Polypropylene (EPP) Foam Market Size, 2014-2021 (Kilotons & USD Million)
Table 99 Rest of South America: Expanded Polypropylene (EPP) Foam Market Size, 2014-2021 (Kilotons & USD Million)
Table 100 Middle East & Africa: EPP Foam Market, 2014-2021 (Kilotons & USD Million)
Table 101 Middle East and Africa: EPP Foam Market, By Type, 2014-2021 (Kilotons)
Table 102 Middle East and Africa: EPP Foam Market, By Type, 2014-2021 (USD Million)
Table 103 Middle East and Africa: EPP Foam Market, By Application, 2014-2021 (Kilotons)
Table 104 Middle East and Africa: EPP Foam Market, By Application, 2014-2021 (USD Million)
Table 105 Middle East and Africa: EPP Foam Market, By Country, 2014-2021 (Kilotons)
Table 106 Middle East and Africa: EPP Foam Market, By Country, 2014-2021 (USD Million)
Table 107 South Africa: Expanded Polypropylene (EPP) Foam Market Size, 2014-2021 (Kilotons & USD Million)
Table 108 South Africa: EPP Foam Market, By Application, 2014-2021 (Kilotons)
Table 109 South Africa: EPP Foam Market, By Application, 2014-2021 (USD Million)
Table 110 Morocco: Expanded Polypropylene (EPP) Foam Market Size, 2014-2021 (Kilotons & USD Million)
Table 111 Rest of the Middle East & Africa: Expanded Polypropylene (EPP) Foam Market Size, 2014-2021 (Kilotons & USD Million)

List of Figures

Figure 1 Expanded Polypropylene (EPP) Foam Market Segmentation
Figure 2 Expanded Polypropylene (EPP) Foam Market Segmentation, By Region & Countries
Figure 3 Low Density Expanded Polypropylene (EPP) Foam to Dominate Lead the Market Among All Types Between 2016 and 2021
Figure 4 Asia-Pacific Projected to Register Highest CAGR During the Forecast Period
Figure 5 Market in Developing Countries to Witness Rapid Growth During the Forecast Period
Figure 6 Growing Demand From Automotive Industry Driving the Market
Figure 7 Porous PP to Be the Fastest Growing Foam Type in the Expanded Polypropylene (EPP) Foam Market, 2016-2021
Figure 8 Automotive the Most Preferred Application for the Expanded Polypropylene (EPP) Foam Market Between 2016 and 2021
Figure 9 Low Density Expanded Polypropylene (EPP) Foam Dominates Leads Global Market By Type in 2015
Figure 10 Asia- Pacific Dominates Leads Low Density Expanded Polypropylene (EPP) Foam Market By Region in 2015
Figure 11 Europe: Second Largest for High Density Expanded Polypropylene (EPP) Foam By Region in 2015
Figure 12 Automotive Application Dominates Leads Expanded Polypropylene (EPP) Foam Global Market in 2015
Figure 13 Asia-Pacific Dominates Leads Automotive Application Market By Region in 2015
Figure 14 Global Automotive Production Trend 2014 vs & 2015
Figure 15 Europe: Second Largest Market for Packaging Application By Region in 2015
Figure 16 North America : Third Largest Market for Consumer Products Application By Region in 2015
Figure 17 Europe Dominates Leads Others Application Market By Region in 2015
Figure 18 Expanded Polypropylene (EPP) Foam Market Share, By Region, 2015
Figure 19 U.S. the Largest Market for EPP Foam in North America (2015)
Figure 20 U.S.: Expanded Polypropylene (EPP) Foam Market Size, By Application (2015)
Figure 21 Canada: Expanded Polypropylene (EPP) Foam Market Size, By Application (2015)
Figure 22 Mexico: Expanded Polypropylene (EPP) Foam Market Size, By Application (2015)
Figure 23 Europe: Country Split, 2015
Figure 24 Germany: Expanded Polypropylene (EPP) Foam Market Size, By Application (2015)
Figure 25 France: Expanded Polypropylene (EPP) Foam Market Size, By Application (2015)
Figure 26 U.K.: Expanded Polypropylene (EPP) Foam Market Size, By Application (2015)
Figure 27 Spain: Expanded Polypropylene (EPP) Foam Market Size, By Application (2015)
Figure 28 Asia-Pacific: Country Split, 2015
Figure 29 China: Expanded Polypropylene (EPP) Foam Market Size, By Application (2015)
Figure 30 Japan: Expanded Polypropylene (EPP) Foam Market Size, By Application (2015)
Figure 31 South Korea : Expanded Polypropylene (EPP) Foam Market Size, By Application (2015)
Figure 32 India: Expanded Polypropylene (EPP) Foam Market Size, By Application (2015)
Figure 33 South America: Country Split, 2015
Figure 34 Brazil: Expanded Polypropylene (EPP) Foam Market Size, By Application (2015)
Figure 35 Middle East & Africa Country Split, 2015
Figure 36 South Africa: Expanded Polypropylene (EPP) Foam Market Size, By Application (2015)
Figure 37 Expanded Polypropylene (EPP) Foam Market, By Growth Strategies (2012-2016)
Figure 38 Expanded Polypropylene (EPP) Foam Market, Major Developments (2012-2016)
Figure 39 Expanded Polypropylene (EPP) Foam Market: Key Developments, By Company (2012-2016)
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FEATURED COMPANIES

  • BASF SE
  • Dongshing Industry, Inc.
  • DS Smith PLC
  • Hanwha Corporation
  • JSP Corporation
  • Kaneka Corporation
  • MORE

The global expanded polypropylene (EPP) foam market is estimated to reach USD 1,525.1 Million by 2021, at a CAGR of 11.41% from 2016 to 2021. The market is driven by the increasing use of expanded polypropylene foam in automobiles for weight reduction and in the packaging application due to its light weight and shock absorption properties.

In 2015, the low density segment accounted for the largest share, in terms of volume, of the overall expanded polypropylene foam market. This was followed by the high density and porous PP segments, while the porous PP segment is projected to be the fastest-growing type in the global expanded polypropylene foam market during the forecast period. The higher growth of porous PP foam is due to its unique properties of greater sound & vibration absorption than the other grades.

Automotive, packaging, consumer products and others are the main application segments considered in the report. The packaging application is estimated to be the highest growing application, in terms of volume, from 2016 to 2021. The growing demand for light weight,  eco friendly, recyclable, and shock absorption properties in the packaging application is driving the global demand for expanded polypropylene  foam.

In 2016, the Asia-Pacific region is estimated to account for the largest market share, in terms of volume, and is projected to grow at the highest CAGR from 2016 to 2021. The robust demand in the Asia-Pacific region is the major driving factor for the global expanded polypropylene foam market. China led the global demand for expanded polypropylene foam due to the increased manufacture and assembly of vehicles during the last two–three years. The country is also the largest consumer of expanded polypropylene foam at the global level. Other emerging economies such as Brazil, India, and Mexico are projected to grow at a high rate in the expanded polypropylene foam market.

Though the expanded polypropylene foam market is gaining importance, a few factors are hindering its growth. Volatility in raw material prices and the prices of expanded polypropylene foam are the major restraints in the growth of this market.

Companies such as JSP Corporation (Japan), BASF SE (Germany), Hanwha Corporation (South Korea), Kaneka Corporation (Japan), Furukuwa Electric Co., Ltd. (Japan), DS Smith Plc (U.K.), The Woodbridge Group (Canada), SSW Pearl Foam GmbH (Germany), Sonoco Products Company (U.S.), and Dongshin Industry Inc. (South Korea) are the key market players in the global expanded polypropylene foam market. Diverse product portfolios and strategically positioned R&D centers, continuous adoption of development strategies, and advancement in technologies are the few factors responsible for strengthening the market position of these companies.

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- BASF SE
- DS Smith PLC
- Dongshing Industry, Inc.
- Furukawa Electric Co., Ltd.
- Hanwha Corporation
- JSP Corporation
- Kaneka Corporation
- SSW Pearlfoam GmbH
- Sonoco Products Company
- The Woodbridge Group

Note: Product cover images may vary from those shown
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