Expanded Polypropylene (EPP) Foam Market With Top Countries Data: Aiming on Regional Conditions, Competitors, Product Price, Profit, Capacity, Production and Future Forecast to 2026 | By Kenneth Research

“Global Expanded Polypropylene (EPP) Foam Market is valued approximately USD 1193.3 million in 2019 and is anticipated to grow with a healthy growth rate of more than 5.3% over the forecast period 2020-2026. Expanded Polypropylene (EPP) foam is a form of polypropylene. They exhibit unique properties such as thermal insulation, fully recyclable, excellent energy absorption, chemical and water resistance, impact resistance etc. EPP foams are utilized significantly in industrial packaging owing to its flexibility and its cushioning capability that offers excellent protection to complicated shapes. These foams are offered in distinct densities called high and high density EPP grade depending on the application. The high density EPP grade are used in automotive applications such as passenger safety parts, automotive bumpers, for noise and vibration reduction. Similarly, Low density EPP grades are used in industrial packaging applications whereas medium density EPP grades are consumed in consumer products and furniture application. Recyclable & reusable properties of EPP foam along with optimum performance and low weight of EPP foam are key driving forces of the market growth. The key players of global EPP foam market have adopted various strategies to gain competitive advantage including product launch, mergers and acquisition, partnerships and agreements, investment, funding and others. For instance, In August 2017, Kaneka Corporation declared to start a new industrial plant for manufacturing expanded polyolefin foam in Thailand. Similarly, in January 2018, Kaneka Corporation stated the investment of USD 17 million to rise the production capacity for Eperan EPE and EPP particle foams at its current site in Belgium. Furthermore, growing demand for EPP foam in end-use industries is expected to create significant growth opportunity in the market over the forecast period. However, volatile raw material prices impede the growth of the market over the forecast period of 2020-2026.

Request For The Sample Report Here: https://www.kennethresearch.com/sample-request-10321956

The regional analysis of global Expanded Polypropylene (EPP) Foam market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe is the significant region across the world in terms of market share owing to the recovering automobile industry and rapidly emerging consumer goods industry. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2026. Factors such as presence of key players with wide product portfolios, rising disposable incomes of consumers along with increased product demand in key end-use verticals would create lucrative growth prospects for the Expanded Polypropylene (EPP) Foam market across Asia-Pacific region.

Major market player included in this report are:
JSP Corporation
Kaneka Corporation
Hanwha Solutions/ Chemical
BASF SE
Furukawa Electric Co., Ltd.
DS Smith Plc
Sonoco Products Company
Woodbridge
Automa Multi Styrene (PTY) LTD
Chemische Fabrik Budenheim KG

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Low Density
High Density
Porous PP

By Application:
Automotive
Packaging
Consumer Products
Others

By Region:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2016, 2017, 2018
Base year – 2019
Forecast period – 2020 to 2026

Target Audience of the Global Expanded Polypropylene (EPP) Foam Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Click Here to Download Sample Report >> https://www.kennethresearch.com/sample-request-10321956

About Kenneth Research:
Kenneth Research is a reselling agency which focuses on multi-client market research database. The primary goal of the agency is to help industry professionals including various individuals and organizations gain an extra edge of competitiveness and help them identify the market trends and scope. The quality reports provided by the agency aims to make decision making easier for industry professionals and take firm decisions which helps them to form strategies after complete assessment of the market. Some of the industries under focus include healthcare & pharmaceuticals, ICT & Telecom, automotive and transportation, energy and power, chemicals, FMCG, food and beverages, aerospace and defense and others. Kenneth Research also focuses on strategic business consultancy services and offers a single platform for the best industry market research reports.

Contact Us
Kenneth Research
Email: Sales@kennethresearch.com
Phone: +1 313 462 0911″

Leonard Thomas is an energetic and versatile freelance writer for 5 years, he pen down any type of articles and web content. he is a Cambridge University Business English Certificate (Europe Level) holder . he is analytical, enthusiastic and ingenious, with the essence to work variously, strives to emerge as a lucrative individual who has a grasp on market. Congenial Interpersonal skills and the competence to grab every single trivia with foolproof analysis is something he primarily posses .

Leave a Reply