Market Overview:
The global XPE foam market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for XPE foam in automotive, packaging, construction, and other applications.
Product Definition:
XPE Foam is a type of foam that is made from polyethylene. It is often used in packaging, insulation, and construction.
Thickness
Thickness>50mm:
Thickness between 50mm and 100mm is referred to as XPE foam. It has a density of 1.5 kg/m³ and is used for packaging, insulation, furniture & bedding products such as mattresses & box springs, automotive components such as seat covers & cushioning pads among others. The thickness above 100mm is referred to as expanded polystyrene (EPS) foam and below 50 mm - extruded polystyrene (XPS).
Application Insights:
The automotive application segment accounted for the largest revenue share of over 30% in 2017. The product is widely used in the automotive industry owing to its excellent thermal and mechanical properties. It is mainly used as a shock absorber, vibration dampener, and airbag cushioning material. In addition, it finds applications as an insulation material for doors and windows of cars or trucks due to high impact resistance & durability.
XPE foam has gained popularity as a packaging material due to its ability to protect products from damage during transportation & storage without adding extra weight on products being shipped/receiveded. Its lightweight property makes it easy for users while carrying multiple boxes at a time thereby boosting up product demand within the packaging sector globally over the forecast period.
Regional Analysis:
Asia Pacific dominated the global XPE foam market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rapid industrialization, increasing automotive production, and growing construction industry. China is one of the largest markets for XPE foams owing to its large population and flourishing manufacturing sector. Rapidly expanding packaging industry in Asia Pacific due to rising disposable income will also have a positive impact on market growth over the next eight years.
Europe was estimated as second-largest regional segment by IATF after Asia Pacific in 2017 owing to high demand from major application sectors including automotive, packaging, building & construction materials etc., which are likely drive product demand across this region during the forecast period as well.
Growth Factors:
- Increasing demand from the automotive and construction industries
- Rising awareness about the benefits of XPE foam over traditional materials
- Growing popularity of eco-friendly and sustainable products
- Technological advancements that have led to better quality and performance of XPE foam products
- Rising disposable income in developing countries, which is fuelling demand for premium quality XPE foam products
Scope Of The Report
Report Attributes
Report Details
Report Title
XPE Foam Market Research Report
By Type
Thickness <=50mm, Thickness>50mm
By Application
Automotive, Packaging, Construction, Others
By Companies
Flexi Pack, Grosfoam, Pacific Industry Co,.Ltd, PT. TOILON INDONESIA, FoamFactory, Suzhou Sinkery Electronic Technology Co.,Ltd., QUANZHOU MOR RUBBER&PLASTIC CO.,LIMITED, Shanghai Runfan Rubber&Foam Industrial Material Co, Ltd.
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
195
Number of Tables & Figures
137
Customization Available
Yes, the report can be customized as per your need.
Global XPE Foam Market Report Segments:
The global XPE Foam market is segmented on the basis of:
Types
Thickness <=50mm, Thickness>50mm
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, Packaging, Construction, 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:
- Flexi Pack
- Grosfoam
- Pacific Industry Co,.Ltd
- PT. TOILON INDONESIA
- FoamFactory
- Suzhou Sinkery Electronic Technology Co.,Ltd.
- QUANZHOU MOR RUBBER&PLASTIC CO.,LIMITED
- Shanghai Runfan Rubber&Foam Industrial Material Co, Ltd.
Highlights of The XPE Foam 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:
- Thickness <=50mm
- Thickness>50mm
- By Application:
- Automotive
- Packaging
- Construction
- 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 XPE Foam 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?
XPE foam is a type of polyurethane foam that is made from recycled plastic. It is often used in products such as insulation, furniture, and car parts. XPE foam has a high thermal resistance and can be easily cut to size with a knife or scissors.
Some of the key players operating in the xpe foam market are Flexi Pack, Grosfoam, Pacific Industry Co,.Ltd, PT. TOILON INDONESIA, FoamFactory, Suzhou Sinkery Electronic Technology Co.,Ltd., QUANZHOU MOR RUBBER&PLASTIC CO.,LIMITED, Shanghai Runfan Rubber&Foam Industrial Material Co, Ltd..
The xpe foam 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 XPE Foam 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 XPE Foam Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 XPE Foam 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 XPE Foam 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 XPE Foam Market Size & Forecast, 2018-2028
4.5.1 XPE Foam Market Size and Y-o-Y Growth
4.5.2 XPE Foam Market Absolute $ Opportunity
Chapter 5 Global XPE Foam 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 XPE Foam Market Size Forecast by Type
5.2.1 Thickness <=50mm
5.2.2 Thickness>50mm
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global XPE Foam 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 XPE Foam Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Packaging
6.2.3 Construction
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global XPE Foam 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 XPE Foam 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 XPE Foam Analysis and Forecast
9.1 Introduction
9.2 North America XPE Foam 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 XPE Foam Market Size Forecast by Type
9.6.1 Thickness <=50mm
9.6.2 Thickness>50mm
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 XPE Foam Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Packaging
9.10.3 Construction
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 XPE Foam Analysis and Forecast
10.1 Introduction
10.2 Europe XPE Foam 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 XPE Foam Market Size Forecast by Type
10.6.1 Thickness <=50mm
10.6.2 Thickness>50mm
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 XPE Foam Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Packaging
10.10.3 Construction
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 XPE Foam Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific XPE Foam 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 XPE Foam Market Size Forecast by Type
11.6.1 Thickness <=50mm
11.6.2 Thickness>50mm
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 XPE Foam Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Packaging
11.10.3 Construction
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 XPE Foam Analysis and Forecast
12.1 Introduction
12.2 Latin America XPE Foam 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 XPE Foam Market Size Forecast by Type
12.6.1 Thickness <=50mm
12.6.2 Thickness>50mm
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 XPE Foam Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Packaging
12.10.3 Construction
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) XPE Foam Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) XPE Foam 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) XPE Foam Market Size Forecast by Type
13.6.1 Thickness <=50mm
13.6.2 Thickness>50mm
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) XPE Foam Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Packaging
13.10.3 Construction
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 XPE Foam Market: Competitive Dashboard
14.2 Global XPE Foam Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Flexi Pack
14.3.2 Grosfoam
14.3.3 Pacific Industry Co,.Ltd
14.3.4 PT. TOILON INDONESIA
14.3.5 FoamFactory
14.3.6 Suzhou Sinkery Electronic Technology Co.,Ltd.
14.3.7 QUANZHOU MOR RUBBER&PLASTIC CO.,LIMITED
14.3.8 Shanghai Runfan Rubber&Foam Industrial Material Co, Ltd.
