Market Overview:
The global expanded polypropylene plastics market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for automotive and industrial packaging applications, and rising consumer awareness about the benefits of using EPP plastics. In terms of type, the high density grade segment is expected to account for a larger share of the global expanded polypropylene plastics market than the low density grades segment during the forecast period. This can be attributed to its superior properties such as high strength-to-weight ratio and impact resistance. In terms of application, automotive is expected to account for a larger share of the global expanded polypropylene plastics market than industrial packaging duringthe forecast period.
Product Definition:
Expanded Polypropylene Plastics is a thermoplastic polymer that is used in a variety of applications, including packaging, labeling, and insulation. It has a high resistance to heat and chemicals, making it an ideal material for use in these applications.
High Density Grade:
High-density grade is a type of PP resin that has higher molecular weight than low-density grade. The former has better impact and chemical resistance, as well as superior surface hardness. As a result, it is used in applications where the material must withstand more stress or pressure such as automotive components and packaging films among others.
The global high density grade market size was valued at USD 1.91 billion in 2016.
Low Density Grades:
Low density grades are used in the production of Expanded Polypropylene (EPP) plastics owing to their low weight and high impact strength. The impact strength is a measure of resistance to physical damage such as compression, shear or tensile force. Low density grades have higher impact strength than High Density Grades thus they are preferred for use in EPP plastic manufacturing.
Application Insights:
Automotive was the largest application segment in 2017 and is projected to witness significant growth over the forecast period. Expanded polypropylene plastics are used for manufacturing automotive parts, such as air intake manifolds, headlamp bezels, side door panels and front end grilles among others. The growing demand for lightweight materials with superior mechanical properties has been a major factor driving the product demand in this application segment.
The industrial packaging segment held a share of 15% of global revenue in 2017 owing to its extensive use across various industries including food & beverage, medical equipment & supplies, consumer goods and electronics among others. It offers excellent barrier properties against chemicals and moisture along with high impact resistance which makes it ideal for packaging products ranging from electronic components to glassware.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is also projected to be the fastest-growing regional market from 2018 to 2030 owing to rapid industrialization, improving economic conditions, and rising consumer disposable income levels.
The automotive industry in Asia Pacific has witnessed significant growth over the past few years on account of increasing production capacities by key manufacturers including Toyota Motor Corporation, Honda Motor Company Ltd., Suzuki Motor Corporation, Hyundai Mobis (Hyundai Electronics), KIA Motors Korea Co., Ltd., Tata Motors Limited among others. These factors are anticipated to drive product demand further.
Europe accounted for a significant share of revenue in 2017 owing with high consumption volumes generated from end-use industries such as construction & housing; transportation & logistics; electronics; food processing & packaging coupled with growing consumer goods demand mainly due to increased per capita income levels and changing lifestyle patterns especially among developed economies including Germany, U.K.
Growth Factors:
- Growing demand from end-use industries such as automotive, construction, and packaging is expected to drive the growth of the expanded polypropylene plastics market over the forecast period.
- Rising awareness about the benefits of using expanded polypropylene plastics over traditional materials is projected to fuel market growth.
- Increasing investment in research and development activities for new product launches is likely to propel market expansion during the forecast period.
- Stringent government regulations regarding environmental protection are anticipated to create opportunities for expanded polypropylene plastics manufacturers in the coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Expanded Polypropylene Plastics Market Research Report
By Type
High Density Grade, Low Density Grades
By Application
Automotive, Industrial Packaging, Consumer Products, Others
By Companies
JSP, Kaneka, BASF, Hanwha, Knauf Industries, Furukawa Electric, DS Smith, Sonoco Products, The Woodbridge Group, IZOBLOK, KanekaCorporation, Suzhou Fushun NewPackaging Material
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
183
Number of Tables & Figures
129
Customization Available
Yes, the report can be customized as per your need.
Global Expanded Polypropylene Plastics Market Report Segments:
The global Expanded Polypropylene Plastics market is segmented on the basis of:
Types
High Density Grade, Low Density Grades
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive, Industrial Packaging, Consumer Products, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- JSP
- Kaneka
- BASF
- Hanwha
- Knauf Industries
- Furukawa Electric
- DS Smith
- Sonoco Products
- The Woodbridge Group
- IZOBLOK
- KanekaCorporation
- Suzhou Fushun NewPackaging Material
Highlights of The Expanded Polypropylene Plastics Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- High Density Grade
- Low Density Grades
- By Application:
- Automotive
- Industrial Packaging
- Consumer Products
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Expanded Polypropylene Plastics Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Expanded polypropylene plastics are a type of plastic that is made from propylene and other additives. They are often used in products that need to be strong but lightweight, such as bottles and containers.
Some of the major companies in the expanded polypropylene plastics market are JSP, Kaneka, BASF, Hanwha, Knauf Industries, Furukawa Electric, DS Smith, Sonoco Products, The Woodbridge Group, IZOBLOK, KanekaCorporation, Suzhou Fushun NewPackaging Material.
The expanded polypropylene plastics market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Expanded Polypropylene Plastics Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Expanded Polypropylene Plastics Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Expanded Polypropylene Plastics Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Expanded Polypropylene Plastics Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Expanded Polypropylene Plastics Market Size & Forecast, 2018-2028
4.5.1 Expanded Polypropylene Plastics Market Size and Y-o-Y Growth
4.5.2 Expanded Polypropylene Plastics Market Absolute $ Opportunity
Chapter 5 Global Expanded Polypropylene Plastics Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Expanded Polypropylene Plastics Market Size Forecast by Type
5.2.1 High Density Grade
5.2.2 Low Density Grades
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Expanded Polypropylene Plastics Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Expanded Polypropylene Plastics Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Industrial Packaging
6.2.3 Consumer Products
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Expanded Polypropylene Plastics Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Expanded Polypropylene Plastics Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Expanded Polypropylene Plastics Analysis and Forecast
9.1 Introduction
9.2 North America Expanded Polypropylene Plastics Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Expanded Polypropylene Plastics Market Size Forecast by Type
9.6.1 High Density Grade
9.6.2 Low Density Grades
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Expanded Polypropylene Plastics Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Industrial Packaging
9.10.3 Consumer Products
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Expanded Polypropylene Plastics Analysis and Forecast
10.1 Introduction
10.2 Europe Expanded Polypropylene Plastics Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Expanded Polypropylene Plastics Market Size Forecast by Type
10.6.1 High Density Grade
10.6.2 Low Density Grades
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Expanded Polypropylene Plastics Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Industrial Packaging
10.10.3 Consumer Products
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Expanded Polypropylene Plastics Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Expanded Polypropylene Plastics Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Expanded Polypropylene Plastics Market Size Forecast by Type
11.6.1 High Density Grade
11.6.2 Low Density Grades
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Expanded Polypropylene Plastics Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Industrial Packaging
11.10.3 Consumer Products
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Expanded Polypropylene Plastics Analysis and Forecast
12.1 Introduction
12.2 Latin America Expanded Polypropylene Plastics Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Expanded Polypropylene Plastics Market Size Forecast by Type
12.6.1 High Density Grade
12.6.2 Low Density Grades
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Expanded Polypropylene Plastics Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Industrial Packaging
12.10.3 Consumer Products
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Expanded Polypropylene Plastics Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Expanded Polypropylene Plastics Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Expanded Polypropylene Plastics Market Size Forecast by Type
13.6.1 High Density Grade
13.6.2 Low Density Grades
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Expanded Polypropylene Plastics Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Industrial Packaging
13.10.3 Consumer Products
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Expanded Polypropylene Plastics Market: Competitive Dashboard
14.2 Global Expanded Polypropylene Plastics Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 JSP
14.3.2 Kaneka
14.3.3 BASF
14.3.4 Hanwha
14.3.5 Knauf Industries
14.3.6 Furukawa Electric
14.3.7 DS Smith
14.3.8 Sonoco Products
14.3.9 The Woodbridge Group
14.3.10 IZOBLOK
14.3.11 KanekaCorporation
14.3.12 Suzhou Fushun NewPackaging Material
