Expanded Polypropylene (EPP) Foam Market Key Factors for Growth and Opportunity Illuminated by New Report
Overview of Global Expanded Polypropylene (EPP) Foam Market:
The report spread across 350 pages is an overview of the Global Expanded Polypropylene (EPP) Foam Market Report 2021. The analytical examination is proposed to give immense clarity on the market size, share and growth rate crosswise over various regions. The significant information and broad examination of the patterns from the days of old and future goes for offering the stakeholders, product owners, and marketing work force an aggressive edge over others working in the Expanded Polypropylene (EPP) Foam Market for the figure forecast period 2021 – 2027.
The Global Expanded Polypropylene (EPP) Foam Market is expected to be growing at a growth rate of 5.40% in the forecast period of 2020 to 2027.
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According to the market research study, Expanded Polypropylene (EPP) foam is manufactured from polypropylene. It is extensively used in several applications such as furniture, dunnage, automotive, HVAC, food packaging, sports and leisure, and other applications.
The major key factors driving the growth of the Global Expanded Polypropylene (EPP) Foam Market are non-toxic and recyclable nature of the material, growing penetration of the product in end-use industries such as packaging, consumer goods, and furniture, swiftly rising automotive industry. Additionally, the growing demand for bio-based polypropylene foam and replacement for EPS and EPE products by EPP will further create several opportunities that will lead to the growth of the Expanded Polypropylene (EPP) Foam Market in the above mentioned period.
The major players covered in the Expanded Polypropylene (EPP) Foam Market report are JSP, KANEKA CORPORATION, Hanwha Solutions, BASF SE, DONGSHIN INDUSTRY INCORPORATED, SSW Pearl Foam GmbH, DS Smith, Sonoco, Woodbridge, The Furukawa Electric Co., Ltd., PDM Foam, Armacell, Molan-Pino South Africa, Paracoat Products Ltd, Clark Foam Products Corporation, IZOBLOK SA, Knauf Gips KG, and Paracoat Products Ltd, among other domestic and global players.
In terms of the geographic analysis, APAC dominates the Expanded Polypropylene (EPP) Foam Market due to the growing demand from automotive and packaging industries and increasing disposable incomes of consumers in the region.
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