Market Overview:
The global polypropylene foam plastics market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for polypropylene foam plastics in automotive, packaging, construction, and other applications. Polypropylene foam plastics are used as a replacement for traditional materials such as metal, wood, and glass in various end-use industries. They offer several benefits such as weight reduction, thermal insulation, noise insulation, and vibration damping over traditional materials. These factors are expected to drive the demand for polypropylene foam plastics in the coming years. Regionally speaking North America is estimated to account for around one-third of the total market share by 2030 owing to high adoption rates across various industries including automotive and construction sectors while Asia Pacific excluding Japan (APEJ) region is projected witness highest CAGR over forecast period on account of rising disposable income levels coupled with growing infrastructure development activities across countries such as China.
Product Definition:
Polypropylene foam plastics are a type of plastic that is made up of polypropylene. This type of plastic is often used in the manufacturing of products such as furniture, packaging, and insulation. Polypropylene foam plastics are important because they are strong and durable while also being lightweight. They can be recycled and reused multiple times, making them an environmentally friendly option.
Extruded Polypropylene Foam Plastics:
Extruded polypropylene foam plastics are extruded polypropylene resin that is cross-linked by polymerization temperature. It has a high melting point and low molecular weight which gives it an advantage over other thermoplastic materials.
Expanded Polypropylene Foam Plastics:
Expanded polypropylene foam plastics are high-performance materials that exhibit excellent mechanical strength, thermal stability and dimensional stability. These properties have made them suitable in the production of various components used in the automotive industry such as air conditioner housing, battery cases and electrical housings. The growing automotive industry is expected to be a key driver for EPP foam plastics demand over the forecast period.
Application Insights:
The automotive application segment led the global polypropylene foam plastics market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growing demand for lightweight and high-performance materials in automobiles is expected to propel the product demand from this industry over the coming years.
Polypropylene foam plastics are widely used in automotive applications, such as soundproofing material, insulation material for engine bay, noise reduction layer between engine and cabin area, thermal insulation layer between hood & roof of automobile or aircraft fuselage, acoustic damping material for vehicle noise & vibration transmission reduction system among others.
Increasing use of polypropylene foam plastic as an alternative to traditional rubber products in packaging applications owing to its properties such as high chemical resistance; excellent mechanical strength; low moisture absorption; excellent temperature stability; along with being eco-friendly is expected drive product demand from this sector over the coming years.
Regional Analysis:
Asia Pacific was the leading regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for a major share of global GDP and is one of the most important manufacturing hubs, which has resulted in high product demand from various end-use industries. China emerged as a key consumer and producer across this region owing to low raw material prices, labor costs, land availability, etc. As per IBEF International Business Exchange Foundation Inc., China’s exports of plastics increased by 6% from 2014 to 2016 while imports grew by 8%. This led to a trade surplus for Chinese manufacturers during that period.
The Asia Pacific economy is highly dependent on exports which account for nearly 60% or more of total sales volume in some cases such as automotive sector where Japan plays an important role with Toyota Motor Corporation being one among the top three automobile producers globally along with Germany and South Korea; thus making it an ideal customer for PP foam plastics products across this region.
Growth Factors:
- Increasing demand from end-use industries such as automotive, construction, and packaging
- Rising disposable income of consumers in developing countries
- Technological advancements in manufacturing processes that improve product quality and reduce production costs
- Growing popularity of polypropylene foam plastics as a green alternative to traditional materials such as metal, wood, and plastic
- Expansion of global trade leading to increased demand for polypropylene foam plastics in international markets
Scope Of The Report
Report Attributes
Report Details
Report Title
Polypropylene Foam Plastics Market Research Report
By Type
Extruded Polypropylene Foam Plastics, Expanded Polypropylene Foam Plastics
By Application
Automotive, Packaging, Construction, Others
By Companies
BASF, Kaneka, Hanwha, Mitsui Chemicals, JSP, Borealis, Kingspan Gefinex, Sonoco Products Company, DS Smith, K. K. NAG, Pregis, Sekisui Alveo, SSW Pearlfoam, Synbra Holding, Woodbridge Group
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Polypropylene Foam Plastics Market Report Segments:
The global Polypropylene Foam Plastics market is segmented on the basis of:
Types
Extruded Polypropylene Foam Plastics, Expanded Polypropylene Foam Plastics
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:
- BASF
- Kaneka
- Hanwha
- Mitsui Chemicals
- JSP
- Borealis
- Kingspan Gefinex
- Sonoco Products Company
- DS Smith
- K. K. NAG
- Pregis
- Sekisui Alveo
- SSW Pearlfoam
- Synbra Holding
- Woodbridge Group
Highlights of The Polypropylene Foam 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:
- Extruded Polypropylene Foam Plastics
- Expanded Polypropylene Foam Plastics
- 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 Polypropylene Foam 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?
Polypropylene foam plastics are a type of plastic that is made from propylene. They are often used in products that need to be lightweight, such as insulation and packaging.
Some of the major companies in the polypropylene foam plastics market are BASF, Kaneka, Hanwha, Mitsui Chemicals, JSP, Borealis, Kingspan Gefinex, Sonoco Products Company, DS Smith, K. K. NAG, Pregis, Sekisui Alveo, SSW Pearlfoam, Synbra Holding, Woodbridge Group.
The polypropylene foam plastics market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Polypropylene Foam Plastics Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Polypropylene Foam Plastics Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Polypropylene Foam Plastics Market - Supply Chain
4.5. Global Polypropylene Foam Plastics Market Forecast
4.5.1. Polypropylene Foam Plastics Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Polypropylene Foam Plastics Market Size (000 Units) and Y-o-Y Growth
4.5.3. Polypropylene Foam Plastics Market Absolute $ Opportunity
5. Global Polypropylene Foam Plastics Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Polypropylene Foam Plastics Market Size and Volume Forecast by Type
5.3.1. Extruded Polypropylene Foam Plastics
5.3.2. Expanded Polypropylene Foam Plastics
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Polypropylene Foam Plastics Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Polypropylene Foam Plastics Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Packaging
6.3.3. Construction
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Polypropylene Foam Plastics Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Polypropylene Foam Plastics Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Polypropylene Foam Plastics Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Polypropylene Foam Plastics Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Polypropylene Foam Plastics Demand Share Forecast, 2019-2026
9. North America Polypropylene Foam Plastics Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Polypropylene Foam Plastics Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Polypropylene Foam Plastics Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Packaging
9.4.3. Construction
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Polypropylene Foam Plastics Market Size and Volume Forecast by Type
9.7.1. Extruded Polypropylene Foam Plastics
9.7.2. Expanded Polypropylene Foam Plastics
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Polypropylene Foam Plastics Demand Share Forecast, 2019-2026
10. Latin America Polypropylene Foam Plastics Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Polypropylene Foam Plastics Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Polypropylene Foam Plastics Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Packaging
10.4.3. Construction
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Polypropylene Foam Plastics Market Size and Volume Forecast by Type
10.7.1. Extruded Polypropylene Foam Plastics
10.7.2. Expanded Polypropylene Foam Plastics
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Polypropylene Foam Plastics Demand Share Forecast, 2019-2026
11. Europe Polypropylene Foam Plastics Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Polypropylene Foam Plastics Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Polypropylene Foam Plastics Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Packaging
11.4.3. Construction
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Polypropylene Foam Plastics Market Size and Volume Forecast by Type
11.7.1. Extruded Polypropylene Foam Plastics
11.7.2. Expanded Polypropylne Foam Plastics
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Polypropylene Foam Plastics Demand Share, 2019-2026
12. Asia Pacific Polypropylene Foam Plastics Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Polypropylene Foam Plastics Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Polypropylene Foam Plastics Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Packaging
12.4.3. Construction
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Polypropylene Foam Plastics Market Size and Volume Forecast by Type
12.7.1. Extruded Polypropylene Foam Plastics
12.7.2. Expanded Polypropylene Foam Plastics
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Polypropylene Foam Plastics Demand Share, 2019-2026
13. Middle East & Africa Polypropylene Foam Plastics Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Polypropylene Foam Plastics Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Polypropylene Foam Plastics Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Packaging
13.4.3. Construction
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Polypropylene Foam Plastics Market Size and Volume Forecast by Type
13.7.1. Extruded Polypropylene Foam Plastics
13.7.2. Expanded Polypropylene Foam Plastics
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Polypropylene Foam Plastics Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Polypropylene Foam Plastics Market: Market Share Analysis
14.2. Polypropylene Foam Plastics Distributors and Customers
14.3. Polypropylene Foam Plastics Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. BASF
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Kaneka
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Hanwha
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Mitsui Chemicals
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. JSP
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Borealis
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Kingspan Gefinex
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Sonoco Products Company
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. DS Smith
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. K. K. NAG
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Pregis
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Sekisui Alveo
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. SSW Pearlfoam
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Synbra Holding
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Woodbridge Group
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
