MARKET INTRODUCTION
Extruded Polypropylene (XPP) is a closed-cell bead possessing unique properties such as thermal insulation, multiple impact resistance, high strength, water and chemical resistance, and recyclability. As the name specifies, extruded polypropylene foam is prepared by extruding a mixture of a physical blowing agent, polypropylene resin, with elasticity, high melting strength, and nucleating agent.
MARKET DYNAMICS
The global extruded polypropylene foam market is growing at a significant pace owing to the superior properties and recyclability of XPP foams. Furthermore, the demand for superior foams in the growing automotive industry is likely to drive the demand for extruded polypropylene (XPP) foam in the coming years. However, low awareness of the XPP foams is projected to hinder the growth of the extruded polypropylene (XPP) foam market. Likewise, the high growth potential in emerging countries may provide a lucrative opportunity for the market players in the near future.
MARKET SCOPE
The "Global Extruded Polypropylene (XPP) Foam Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the extruded polypropylene (XPP) foam market with detailed market segmentation by type, end-use industry, and geography. The global extruded polypropylene (XPP) foam market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading extruded polypropylene (XPP) foam market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global extruded polypropylene (XPP) foam market is segmented on the basis of type and end-use industry. On the basis of type, the extruded polypropylene (XPP) foam market is segmented into, Low-density XPP foam and high-density XPP foam. Based on end-use industry, the global extruded polypropylene (XPP) foam market is segmented into, automotive, packaging, building & construction, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global extruded polypropylene (XPP) foam market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The extruded polypropylene (XPP) foam market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the extruded polypropylene (XPP) foam market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the extruded polypropylene (XPP) foam market in these regions.
MARKET PLAYERS
The reports cover key developments in the extruded polypropylene (XPP) foam market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from extruded polypropylene (XPP) foam market are anticipated to lucrative growth opportunities in the future with the rising demand for extruded polypropylene (XPP) foam in the global market. Below mentioned is the list of few companies engaged in the extruded polypropylene (XPP) foam market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the extruded polypropylene (XPP) foam market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- BASF SE
- Borealis
- DS Smith
- JSP Corporation
- Mitsui Chemicals
- NMC SA
- Pregis
- Sekisui Voltek
- Sonoco
- Zotefoams
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