Report Description

Forecast Period

2024-2028

Market Size (2022)

USD 1.06 billion

CAGR (2023-2028)

4.96%

Fastest Growing Segment

Packaging

Largest Market

Asia Pacific

 

Market Overview

Global Expanded Polypropylene Foam Market has valued at USD 1.06 billion in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 4.96% through 2028. Expanded polyethylene foam refers to foams that are made from polyethylene, a versatile polymer widely used in various industries. It is produced by expanding the polyethylene beads, resulting in a lightweight and flexible foam material.

Expanded Polypropylene (EPP) Foam, on the other hand, is a type of expanded foam that offers a multitude of benefits. It possesses exceptional energy absorption capabilities, ensuring optimal impact resistance. Additionally, EPP foam provides efficient thermal insulation, chemical resistance, and is 100% recyclable, making it an environmentally friendly choice.

EPP foam can be manufactured in a wide range of densities, ranging from 15 to 200 grams per liter. These densities can be further modified through molding, allowing for even greater versatility. The resulting EPP foam densities can range from 18 to 260 grams per liter, catering to various application requirements.

Automotive manufacturers extensively utilize expanded polyethylene foam due to its numerous advantages. The lightweight nature of EPP foam contributes to improved vehicle functionality, durability, and fuel efficiency. Moreover, its excellent energy absorption properties make it ideal for passenger safety parts and automotive bumpers, ensuring enhanced protection for occupants.

EPP foam comes in two main types based on density: low-density EPP grade and high-density EPP grade. High-density EPP grade foams are commonly employed in automotive applications, while low-density EPP-grade foams find usage in industrial packaging.

The cost-effectiveness and impressive mechanical properties of EPP foam contribute to its widespread adoption in the automotive industry. Implementing Expanded Polypropylene Foam can result in foam savings of up to 7%. Furthermore, the use of EPP foam helps to reduce vehicle weight, improving body balance and aerodynamics. Additionally, EPP foam aids in minimizing the release of volatile organic compound (VOC) emissions from vehicles and spare parts, aligning with the global trend towards environmentally friendly transportation.

As a result, the Expanded Polypropylene (EPP) Foam Market is expected to experience rapid growth during the forecast period. However, certain challenges and restraints may hinder the overall expansion of the market. Fluctuations in the price of EPP can cause disruptions in manufacturing costs, prompting industries to seek alternatives with more stable pricing.

Given its exceptional properties and versatile applications, expanded polypropylene foam remains a viable and practical material, particularly in the production of electric vehicles (EVs). These vehicles are at the forefront of the global shift towards sustainable and eco-friendly transportation.

In conclusion, the Expanded Polypropylene (EPP) Foam Market is poised for substantial growth, driven by its unique properties, and increasing demand across various industries. While challenges exist, the benefits and versatility of EPP foam make it an attractive choice for manufacturers seeking superior materials for their products.

Key Market Drivers

Growing Demand of Expanded Polypropylene Foam in Automotive Industry

The automotive industry is increasingly turning to Expanded Polypropylene (EPP) foam due to its numerous benefits. One of the key advantages is its lightweight nature, which significantly contributes to reducing the overall weight of vehicles. This reduction in weight not only improves fuel efficiency but also addresses the critical factor of meeting stringent emission norms set by regulatory bodies worldwide.

In addition to its lightweight property, EPP foam offers superior energy absorption and multiple impact resistance, making it an ideal choice for car bumpers and other safety components. Its excellent thermal insulation properties also make it suitable for use in heating, ventilation, and air conditioning (HVAC) systems in vehicles.

Furthermore, the recyclability of EPP foam aligns with the growing emphasis on sustainability in the automotive industry. As manufacturers strive to reduce the environmental impact of their operations, materials like EPP foam fit the bill perfectly.

As the pressure on automotive manufacturers to reduce vehicle emissions continues to mount, the demand for lightweight materials such as EPP foam is expected to increase. Additionally, the expanding electric vehicle market further drives the demand for lightweight materials to offset the weight of the battery, making EPP foam a preferred choice.

As the automotive industry evolves, there will be a growing demand for materials that are not only lightweight and durable but also sustainable. With its unique properties, Expanded Polypropylene foam is well-positioned to meet these demands and is anticipated to drive the growth of the global EPP foam market in the coming years.

Growing Demand of Expanded Polypropylene Foam in Packaging Industry

Expanded Polypropylene (EPP) foam is a remarkable closed-cell bead foam that offers an exceptional balance of mechanical properties and aesthetics. Its outstanding attributes include excellent energy absorption, multiple impact resistance, thermal insulation, water, and chemical resistance, and most notably, its recyclability. These qualities make EPP foam highly sought after in various industries, particularly in packaging.

In the packaging industry, the demand for EPP foam is steadily increasing due to its multitude of benefits. The lightweight nature of EPP foam contributes to reduced shipping costs, while its exceptional durability ensures the safe transportation of goods. As e-commerce continues to thrive on a global scale, these features have become more critical than ever before.

Furthermore, EPP foam's excellent thermal insulation properties make it an ideal choice for temperature-sensitive goods, such as pharmaceuticals and perishable food items. With the rise of online grocery shopping and meal kit delivery services, the need for effective insulating packaging materials has soared.

Sustainability is another key factor driving the preference for EPP foam. As consumer awareness and environmental regulations become more stringent, companies face increasing pressure to reduce their ecological footprint. EPP foam offers a solution as it is 100% recyclable, making it an eco-friendly choice for packaging applications.

As we continue to progress towards a more digital and environmentally conscious world, the demand for materials that meet these evolving requirements will only continue to rise. Expanded Polypropylene foam, with its unique combination of properties, is positioned to fulfill these demands. Therefore, it can be confidently stated that the growing demand for EPP foam in the packaging industry will act as a driving force for the global EPP foam market in the foreseeable future.


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Key Market Challenges

Volatility in Prices of Raw Materials

A key challenge facing the EPP foam market is the volatility in the prices of raw materials, particularly propylene. Propylene, which is an essential raw material used in the production of EPP foam, frequently experiences price fluctuations due to various factors such as changes in crude oil prices, supply chain disruptions, and geopolitical tensions. These unpredictable shifts in propylene prices can have a significant impact on the cost of finished goods, potentially limiting the market's growth.

The volatility in raw material prices not only affects EPP foam manufacturers but also has a ripple effect on the entire supply chain. Manufacturers may be compelled to pass on the increased costs to their customers, resulting in higher prices for end-users. This situation could potentially reduce the demand for EPP foam, especially if cheaper alternatives are readily available.

Furthermore, the uncertainty surrounding costs can create a sense of hesitation in investing in new production capacities or technologies within the EPP foam industry. This hesitance, driven by the unpredictability of raw material prices, could limit the market's potential for growth and innovation.

In order to navigate these challenges, EPP foam manufacturers need to carefully assess and manage the risks associated with raw material price volatility. This may involve exploring alternative sourcing strategies, hedging against price fluctuations, or investing in research and development to discover more cost-effective materials. By proactively addressing these issues, the EPP foam market can strive for stability, sustained growth, and continued innovation.

Key Market Trends

Advancements in Processing Technology

Processing technologies play a crucial role in the production of Expanded Polypropylene (EPP) foam. These advanced technologies not only determine the quality, properties, and cost-effectiveness of the foam but also pave the way for continuous improvements. Recent advancements in processing technologies have revolutionized the EPP foam industry, enabling manufacturers to produce higher quality foam more efficiently and sustainably.

The introduction of new processing technologies has facilitated better control over the production process, allowing manufacturers to fine-tune the foam's properties based on specific application requirements. For instance, advanced molding techniques, such as injection molding and steam chest molding, offer precise control over the foam's hardness, density, and elasticity. This level of customization opens up a multitude of possibilities for various industries that rely on EPP foam for their products.

In addition to enhanced control and customization, breakthroughs in automation and digitization have streamlined the EPP foam production process. Robotics and artificial intelligence have found their way into foam manufacturing, automating complex tasks, and reducing human errors. This not only increases productivity but also ensures consistency and quality in every foam produced. Moreover, digital technologies like the Internet of Things (IoT) have emerged as valuable tools in monitoring and optimizing the production process in real-time. By collecting and analyzing data from sensors embedded in equipment, manufacturers can gain valuable insights and make informed decisions to improve efficiency and reduce waste.

The advancements in processing technology have had a profound impact on the EPP foam market in several ways. Firstly, they have significantly enhanced the quality and diversity of EPP foam products. With the ability to control and customize foam properties, manufacturers can cater to a wider range of applications. This expansion of the foam's application scope not only drives market growth but also opens doors to new industries and innovative solutions.

Secondly, the advancements in processing technology have made the production process more efficient and sustainable. The integration of automation and digitization has resulted in reduced production costs, making EPP foam more competitive in the market. Additionally, with the growing emphasis on sustainability, these advancements align with the industry's goals of reducing environmental impact. By optimizing production processes and utilizing eco-friendly materials, manufacturers can attract environmentally conscious customers and comply with stricter environmental regulations.

In conclusion, the advancements in processing technology are shaping the future of the global EPP foam market. As these technologies continue to evolve, they will further enhance the quality, diversity, and sustainability of EPP foam products. Staying abreast of these technological trends is crucial for stakeholders in the EPP foam market to seize emerging opportunities and drive market growth. With ongoing research and development, the EPP foam industry is poised for continuous innovation and progress.

Segmental Insights

Type Insights

Based on the category of type, the high-density segment emerged as the dominant player in the global market for Expanded Polypropylene Foam in 2022. High-density expanded polypropylene (EPP) foams are extensively utilized in energy management systems, including bumpers, side tails, and safety parts of vehicles. These foams possess exceptional strength against impacts, making them ideal for industrial packaging applications as well. As the demand for lightweight and premium products continues to rise, the market for high-density EPP foam is projected to witness substantial growth over the forecast period.

Moreover, the global surge in the demand for electric and hybrid cars is expected to drive the utilization of lightweight and chemically stable materials for automotive components. Notably, countries such as India, China, and Indonesia are experiencing a significant rise in disposable income and evolving lifestyles, which further contributes to the increased production of automobiles. This, in turn, is poised to have a positive impact on the growth of the automotive industry. Considering these factors, the high-density EPP foam segment is anticipated to flourish in the region during the forecast period, backed by the prevailing market trends and customer preferences.

Application Insights

The Automotive segment is projected to experience rapid growth during the forecast period. The increasing usage of EPP foam in automotive end-use can be attributed to its exceptional properties and benefits. EPP foams provide a smooth and long-lasting finish, coupled with high resistance to chemical and UV exposure. This makes them ideal for automotive interior and exterior equipment, where high-impact resistance is crucial.

Moreover, the construction industry has also embraced the use of EPP foams due to their high resistance nature. These foams are extensively used in the production of various parts such as roof pillars, ceilings, and more. The durability and corrosion resistance of products made using EPP foam, compared to EPS, make them highly suitable for manufacturing food containers and other materials.

In addition to these applications, EPP foam finds its place in different areas including bumpers, seat bracing, roof pillars, armrests, and more. The global market for EPP foam in the building sector is anticipated to witness growth driven by factors such as population growth and favorable demographics for manufacturing.

Overall, the versatility and advantageous properties of EPP foam make it a sought-after material in various industries, ensuring its increasing demand and market growth.


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Regional Insights

Asia Pacific emerged as the dominant player in the Global Expanded Polypropylene Foam Market in 2022, holding the largest market share in terms of value. In recent years, the consumer goods and electronics manufacturing industries in China, India, and Japan have witnessed remarkable growth. This can be attributed to the rapid pace of industrialization, abundant availability of raw materials, and a readily available labor force. As a result, the demand for EPP foam is expected to soar during the forecast period, driven by the increasing needs of these expanding industries. The lightweight and versatile nature of EPP foam makes it an ideal choice for applications in various sectors, such as automotive, packaging, and construction. With its exceptional properties and the ongoing industrial advancements in these countries, EPP foam is poised to play a crucial role in meeting the evolving demands of the market.

Recent Developments

  • In March 2022, Hanwha Solutions, a leading company, has announced plans to split off its advanced materials business. The strategic move aims to raise USD 491 million for investments both domestically and internationally. This decision comes after careful consideration since November 2021. In order to facilitate the split, private equity firm Glenwood PE is set to acquire a 49% stake in the division for KRW 600 billion (equivalent to USD 491.4 million). With this acquisition, Glenwood PE will become the second-largest shareholder in the advanced materials business, second only to Hanwha.
  • Moving to February 2022, following a series of transactions, BEWI, a prominent company, has successfully completed the favorable tender offer made in November 2021. As a result, BEWI has acquired a significant 9.62% of the capital share in Izoblok, a notable company in the country. Notably, this recent acquisition adds to the 54.21% shares of Izoblok that BEWI had already acquired in August 2021. With this latest development, BEWI now holds a controlling stake of 63.83% in Izoblok, solidifying its position as a major player in the industry.

Key Market Players

  • BASF SE
  • KANEKA CORPORATION
  • FURUKAWA ELECTRIC CO., LTD.
  • Sonoco Products Company
  • DONGSHIN INDUSTRY INCORPORATED
  • Clark Foam Products Corporation
  • Paracoat Products Ltd.
  • IZOBlok SA
  • Signode Industrial Group LLC
  • Armacell, LLC

 By Type

By Application

By Region

  • Low Density
  • High Density
  • Porous Polypropylene
  • Automotive
  • Packaging
  • Consumer Products
  • Others
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

 

Report Scope:

In this report, the Global Expanded Polypropylene Foam Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Expanded Polypropylene Foam Market, By Type:

o   Low Density

o   High Density

o   Porous Polypropylene

  • Expanded Polypropylene Foam Market, By Application:

o   Automotive

o   Packaging

o   Consumer Products

o   Others

  • Expanded Polypropylene Foam Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Europe

§  France

§  United Kingdom

§  Italy

§  Germany

§  Spain

o   Asia-Pacific

§  China

§  India

§  Japan

§  Australia

§  South Korea

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

§  Kuwait

§  Turkey

§  Egypt

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Expanded Polypropylene Foam Market.

Available Customizations:

Global Expanded Polypropylene Foam Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Expanded Polypropylene Foam Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.    Markets Covered

1.2.2.    Years Considered for Study

1.2.3.    Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, Trends

4.    Global Expanded Polypropylene Foam Market Outlook

4.1.  Market Size & Forecast

4.1.1.    By Value

4.2.  Market Share & Forecast

4.2.1.    By Type (Low Density, High Density, Porous Polypropylene)

4.2.2.    By Application (Automotive, Packaging, Consumer Products, Others)

4.2.3.    By Region

4.2.4.    By Company (2022)

4.3.  Market Map

4.3.1.    By Type

4.3.2.    By Application

4.3.3.    By Region

5.    Asia Pacific Expanded Polypropylene Foam Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value

5.2.  Market Share & Forecast

5.2.1.    By Type

5.2.2.    By Application

5.2.3.    By Country

5.3.  Asia Pacific: Country Analysis

5.3.1.    China Expanded Polypropylene Foam Market Outlook

5.3.1.1.        Market Size & Forecast

5.3.1.1.1.           By Value

5.3.1.2.        Market Share & Forecast

5.3.1.2.1.           By Type

5.3.1.2.2.           By Application

5.3.2.    India Expanded Polypropylene Foam Market Outlook

5.3.2.1.        Market Size & Forecast

5.3.2.1.1.           By Value

5.3.2.2.        Market Share & Forecast

5.3.2.2.1.           By Type

5.3.2.2.2.           By Application

5.3.3.    Australia Expanded Polypropylene Foam Market Outlook

5.3.3.1.        Market Size & Forecast

5.3.3.1.1.           By Value

5.3.3.2.        Market Share & Forecast

5.3.3.2.1.           By Type

5.3.3.2.2.           By Application

5.3.4.    Japan Expanded Polypropylene Foam Market Outlook

5.3.4.1.        Market Size & Forecast

5.3.4.1.1.           By Value

5.3.4.2.        Market Share & Forecast

5.3.4.2.1.           By Type

5.3.4.2.2.           By Application

5.3.5.    South Korea Expanded Polypropylene Foam Market Outlook

5.3.5.1.        Market Size & Forecast

5.3.5.1.1.           By Value

5.3.5.2.        Market Share & Forecast

5.3.5.2.1.           By Type

5.3.5.2.2.           By Application

6.    Europe Expanded Polypropylene Foam Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Type

6.2.2.    By Application

6.2.3.    By Country

6.3.  Europe: Country Analysis

6.3.1.    France Expanded Polypropylene Foam Market Outlook

6.3.1.1.        Market Size & Forecast

6.3.1.1.1.           By Value

6.3.1.2.        Market Share & Forecast

6.3.1.2.1.           By Type

6.3.1.2.2.           By Application

6.3.2.    Germany Expanded Polypropylene Foam Market Outlook

6.3.2.1.        Market Size & Forecast

6.3.2.1.1.           By Value

6.3.2.2.        Market Share & Forecast

6.3.2.2.1.           By Type

6.3.2.2.2.           By Application

6.3.3.    Spain Expanded Polypropylene Foam Market Outlook

6.3.3.1.        Market Size & Forecast

6.3.3.1.1.           By Value

6.3.3.2.        Market Share & Forecast

6.3.3.2.1.           By Type

6.3.3.2.2.           By Application

6.3.4.    Italy Expanded Polypropylene Foam Market Outlook

6.3.4.1.        Market Size & Forecast

6.3.4.1.1.           By Value

6.3.4.2.        Market Share & Forecast

6.3.4.2.1.           By Type

6.3.4.2.2.           By Application

6.3.5.    United Kingdom Expanded Polypropylene Foam Market Outlook

6.3.5.1.        Market Size & Forecast

6.3.5.1.1.           By Value

6.3.5.2.        Market Share & Forecast

6.3.5.2.1.           By Type

6.3.5.2.2.           By Application

7.    North America Expanded Polypropylene Foam Market Outlook

7.1.  Market Size & Forecast

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Type

7.2.2.    By Application

7.2.3.    By Country

7.3.  North America: Country Analysis

7.3.1.    United States Expanded Polypropylene Foam Market Outlook

7.3.1.1.        Market Size & Forecast

7.3.1.1.1.           By Value

7.3.1.2.        Market Share & Forecast

7.3.1.2.1.           By Type

7.3.1.2.2.           By Application

7.3.2.    Mexico Expanded Polypropylene Foam Market Outlook

7.3.2.1.        Market Size & Forecast

7.3.2.1.1.           By Value

7.3.2.2.        Market Share & Forecast

7.3.2.2.1.           By Type

7.3.2.2.2.           By Application

7.3.3.    Canada Expanded Polypropylene Foam Market Outlook

7.3.3.1.        Market Size & Forecast

7.3.3.1.1.           By Value

7.3.3.2.        Market Share & Forecast

7.3.3.2.1.           By Type

7.3.3.2.2.           By Application

8.    South America Expanded Polypropylene Foam Market Outlook

8.1.  Market Size & Forecast

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Type

8.2.2.    By Application

8.2.3.    By Country

8.3.  South America: Country Analysis

8.3.1.    Brazil Expanded Polypropylene Foam Market Outlook

8.3.1.1.        Market Size & Forecast

8.3.1.1.1.           By Value

8.3.1.2.        Market Share & Forecast

8.3.1.2.1.           By Type

8.3.1.2.2.           By Application

8.3.2.    Argentina Expanded Polypropylene Foam Market Outlook

8.3.2.1.        Market Size & Forecast

8.3.2.1.1.           By Value

8.3.2.2.        Market Share & Forecast

8.3.2.2.1.           By Type

8.3.2.2.2.           By Application

8.3.3.    Colombia Expanded Polypropylene Foam Market Outlook

8.3.3.1.        Market Size & Forecast

8.3.3.1.1.           By Value

8.3.3.2.        Market Share & Forecast

8.3.3.2.1.           By Type

8.3.3.2.2.           By Application

9.    Middle East and Africa Expanded Polypropylene Foam Market Outlook

9.1.  Market Size & Forecast

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Type

9.2.2.    By Application

9.2.3.    By Country

9.3.  MEA: Country Analysis

9.3.1.    South Africa Expanded Polypropylene Foam Market Outlook

9.3.1.1.        Market Size & Forecast

9.3.1.1.1.           By Value

9.3.1.2.        Market Share & Forecast

9.3.1.2.1.           By Type

9.3.1.2.2.           By Application

9.3.2.    Saudi Arabia Expanded Polypropylene Foam Market Outlook

9.3.2.1.        Market Size & Forecast

9.3.2.1.1.           By Value

9.3.2.2.        Market Share & Forecast

9.3.2.2.1.           By Type

9.3.2.2.2.           By Application

9.3.3.    UAE Expanded Polypropylene Foam Market Outlook

9.3.3.1.        Market Size & Forecast

9.3.3.1.1.           By Value

9.3.3.2.        Market Share & Forecast

9.3.3.2.1.           By Type

9.3.3.2.2.           By Application

9.3.4.    Egypt Expanded Polypropylene Foam Market Outlook

9.3.4.1.        Market Size & Forecast

9.3.4.1.1.           By Value

9.3.4.2.        Market Share & Forecast

9.3.4.2.1.           By Type

9.3.4.2.2.           By Application

10. Market Dynamics

10.1.             Drivers

10.2.             Challenges

11. Market Trends & Developments

11.1.             Recent Developments

11.2.             Product Launches

11.3.             Mergers & Acquisitions

12. Global Expanded Polypropylene Foam Market: SWOT Analysis

13. Porter’s Five Forces Analysis

13.1.             Competition in the Industry

13.2.             Potential of New Entrants

13.3.             Power of Suppliers

13.4.             Power of Customers

13.5.             Threat of Substitute Product

14. Competitive Landscape

14.1.       BASF SE

14.1.1.         Business Overview

14.1.2.          Company Snapshot

14.1.3.          Products & Services

14.1.4.          Current Capacity Analysis

14.1.5.          Financials (In case of listed)

14.1.6.          Recent Developments

14.1.7.          SWOT Analysis

14.2.       KANEKA CORPORATION

14.3.       FURUKAWA ELECTRIC CO., LTD.

14.4.       Sonoco Products Company

14.5.       DONGSHIN INDUSTRY INCORPORATED

14.6.       Clark Foam Products Corporation

14.7.       Paracoat Products Ltd.

14.8.       IZOBlok SA

14.9.       Signode Industrial Group LLC

14.10.    Armacell, LLC

15. Strategic Recommendations

16. About Us & Disclaimer

Figures and Tables

Frequently asked questions

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The market size of the Global Expanded Polypropylene Foam Market was estimated to be USD 1.06 Billion in 2022.

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The automotive segment demonstrated significant dominance in 2022. Automotive manufacturers widely use EPP due to its performance benefits in energy management, lightweight design, enhanced functionality, durability, and recyclability.

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Asia Pacific dominated the market with a revenue share in 2022. Several factors contribute to this dominance: rapid industrialization, end-use industry growth, and favorable government policies.

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Growing demand of expanded polypropylene foam in automotive and packaging industries are the major drivers for the Global Expanded Polypropylene Foam Market.

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Sakshi Bajaal

Business Consultant
Press Release

Expanded Polypropylene Foam Market to Grow with a CAGR of 4.96% through 2028

Oct, 2023

Surge in research and development activities is expected to drive the Global Expanded Polypropylene Foam Market growth in the forecast period, 2024-2028