Global Expanded Polypropylene Market is predicted to reach USD 3.46 billion at a CAGR of 6.90% during the forecast period:

Global Expanded Polypropylene Market is predicted to reach USD 3.46 billion at a CAGR of 6.90% during the forecast period:

Market Research Future (MRFR) has published a cooked research report on the “Global Expanded Polypropylene Market” that contains information from 2023 to 2032. The Global Expanded Polypropylene Market is estimated to register a CAGR of 6.90% during the forecast period of 2023 to 2032.


MRFR recognizes the following companies as the key players in the Global Expanded Polypropylene Market— BASF SE, Chemische Fabrik Budenheim KG, Clark Foam Products Corporation, DS Smith, Hanwha Group Izoblok, JSP, KANEKA CORPORATION, K.K. Nag Ltd, Knauf Industries, Package Design & Mfg and Polyfoam Australia Pty Ltd.


Market Highlights


The Global Expanded Polypropylene Market is accounted to register a CAGR of 6.90% during the forecast period and is estimated to reach USD 3.46 Billion by 2032.


Global Expanded Polypropylene (EPP) Market refers to the worldwide market for expanded polypropylene, a type of lightweight and durable foam material made from polypropylene resins. EPP is known for its unique combination of properties, including high impact resistance, excellent energy absorption, thermal insulation, and low weight. EPP is utilized for protective packaging solutions due to its cushioning properties and impact resistance.


The market's growth is driven by factors such as increasing demand for lightweight and eco-friendly materials, the growth of the automotive and packaging industries, and the need for efficient and cost-effective solutions in various applications.


Segment Analysis


The Global Expanded Polypropylene Market has been segmented based on application.


On the basis of application, the market is segmented into Automobile, Packaging and Consumer Goods. The automobiles category generated the most income due to its lightweight nature and more impact resistance. EPP is used in automotive interiors, such as door panels, headliners, and seat cushions, to enhance comfort and safety. It is also used in bumpers, fenders, and other exterior components to improve impact resistance and reduce vehicle weight. 


Regional Analysis


The Global Expanded Polypropylene Market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Global Expanded Polypropylene Market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Global Expanded Polypropylene Market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Global Expanded Polypropylene Market comprises of Middle East, Africa, and Latin America.


The North American region, including the United States and Canada, has been a significant market for EPP. The region's strong automotive industry, where EPP is extensively used for lightweighting and safety applications, has been a key driver for EPP demand.


Europe is another prominent market for expanded polypropylene. The region's automotive industry, which is known for its focus on lightweight materials and sustainability, has been a major consumer of EPP.


The Asia-Pacific region has been witnessing rapid growth in demand for EPP. The region's booming automotive industry, growing consumer goods market, and increasing adoption of sustainable packaging solutions have all played a role in driving EPP demand in this region.


Furthermore, the rest of the world's Global Expanded Polypropylene Market is divided into the Middle East, Africa, and Latin America. Countries in Latin America, such as Brazil and Mexico, have shown a rising demand for EPP, primarily driven by the automotive and packaging industries. Economic growth, industrialization, and a focus on technological advancements have further bolstered EPP consumption in the region.


Key Findings of the Study



  • The Global Expanded Polypropylene Market is expected to reach USD 3.46 Billion by 2032, at a CAGR of 6.90% during the forecast period.

  • The Asia-Pacific region has been witnessing rapid growth in demand for EPP. The region's booming automotive industry, growing consumer goods market, and increasing adoption of sustainable packaging solutions have all played a role in driving EPP demand in this region.

  • Based on of application, the market is segmented into Automobile, Packaging and Consumer Goods holding the largest market in 2022.

  • BASF SE, Chemische Fabrik Budenheim KG, Clark Foam Products Corporation, DS Smith, Hanwha Group Izoblok, JSP, KANEKA CORPORATION, K.K. Nag Ltd, Knauf Industries, Package Design & Mfg and Polyfoam Australia Pty Ltd.


Read More About This Report: Expanded Polypropylene Market Size 

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