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Plastic Pigments Market by Type (Inorganic Pigments, Organic Pigments), End-Use Industry (Packaging, Consumer Goods, Building & Construction, Automotive) Region (APAC, North America, Europe, Middle East & Africa, South America) - Global Forecast to 2023

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Date: 14-Dec-2018
No. of pages: 153
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“The plastic pigments market is projected to grow at a CAGR of 7.5%, in terms of value, from 2018 to 2023.”

The market size of plastic pigmentsis estimatedat USD 10.3billion in 2018 and is projected to reach USD 14.8billion by 2023, at a CAGR of 7.5%from 2018to 2023.The growth of this market is attributed to the increasing significance of aesthetics in packaging, industrialization in emerging economies. Another factor driving the plastic pigments market is high demand for packaging in emerging countries and high demand for high-performance pigments.However, factors, such as the volatility of raw material prices and environmental regulationsare restraining the growth of the market.Most of the raw materials used in the production of plastic pigments are synthetic rutile, iron ore, and natural gas. The prices of these raw materials have been highly volatile in recent times, touching a five-year low, which has affected the growth of the market.

The organic plastic pigments typesegment is projected to register the higher CAGR during the forecast period.
Organic pigments are expected to be the fastest-growing type of plastic pigments owing to increasing environmental regulations in the plastic industry. Organic pigments have superior heat stability and excellent light fastness properties. However, these can also contain metallic (inorganic) elements that help stabilize the properties of the organic components. Different types of organic pigments include azo pigments, diazo, naphthol, azo lakes, metal complex, phthalocyanine, anthraquinone, and quinophthalone.

Packaging to be the largest end-use industry of plastic pigments in terms of volume and value.

Packaging is expected to be the largest and the fastest-growing end-use industryin the plastic pigmentsmarket during the forecast period.The packaging application of plastic pigments includes food packaging, pharmaceutical packaging, andhealthcare packaging. Plastic pigmentsare widely used in bothrigid packaging and flexible packaging.The use of plastic pigments in plastic packaging not only provides an aesthetic appeal to packaged products but also helps in product differentiation, thereby influencing the preferences of customers.  

APAC projected to be the largest plastic pigments market, in terms of volume, during the forecast period.

The APAC plastic pigments market is projected to grow at the highest CAGR during the forecast period, owing to the increased demand for plastics in the region, resulting from a growing middle-class population, rapid urbanization, and increasing purchasing power of consumers. The growing consumer goods and packaging end-use industries in this region fuelthe demand for plastic pigments in the APAC region, thereby contributing to the growth of the plastic pigments market in the region.    

This study was validated through primaryinterviews conducted with various industry experts worldwide. The primary sources were divided into three categories, namely, company type, designation, and region.
                
•    By Company Type– Tier1: 35%, Tier2: 35%, and Tier3: 30%
•    By Designation- C Level: 40%, Director Level: 40%, and Others: 20%
•    By Region-APAC: 50%, Europe: 20%,North America: 20%, and RoW: 10%

The report profiles severalleading players of theplastic pigments market that includeClariant (Switzerland), BASF (Germany), DIC (Japan), Huntsman (US), Cabot (US), LANXESS (Germany), PolyOne (US), Chemours  (US), Heubach(Germany), Tronox (US), and Ferro (US). The report also includes detailed information about various growth strategies adopted by these key players to strengthen their position in the plastic pigments market.

Research Coverage:
The report offers insightson plastic pigmentsused in the various end-use industries across regions. It aims at estimating the size of the plastic pigmentsmarket during the forecast period and projects future growth of the market across type,end-use industry,and region segments.The report also includes an in-depth competitive analysis of the key players in theplastic pigmentsmarket along with their company profiles, SWOT analysis, recent developments, and key market strategies.

Key Benefits of Buying the Report:
The report will help market leaders/new entrants in the plastic pigmentsmarket by providing them the closest approximations of the revenues for the overall market and its various subsegments. This report will help stakeholders obtain abetter understanding of the competitive landscape and gain insights to enhance their businesses and devise suitable market strategies. The report will also help stakeholdersunderstand the pulse of the market and help acquireinformation on key market drivers, restraints, challenges, and opportunitiesaffecting the growth of the plastic pigmentsmarket.

Plastic Pigments Market by Type (Inorganic Pigments, Organic Pigments), End-Use Industry (Packaging, Consumer Goods, Building & Construction, Automotive) Region (APAC, North America, Europe, Middle East & Africa, South America) - Global Forecast to 2023

Table of Contents

1 Introduction (Page No. - 24)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Segmentation
    1.4 Regions Covered
           1.4.1 Years Considered for the Study
    1.5 Currency
    1.6 Unit Considered
    1.7 Stakeholders

2 Research Methodology (Page No. - 28)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primary Interviews
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Data Triangulation
    2.4 Assumptions
    2.5 Limitations

3 Executive Summary (Page No. - 37)

4 Premium Insights (Page No. - 42)
    4.1 Significant Opportunities in the Plastic Pigments Market
    4.2 APAC: Plastic Pigments Market, By Application and Country
    4.3 Plastic Pigments Market, By End-Use Industry
    4.4 Plastic Pigments Market, By Type
    4.5 Plastic Pigments Market, By Region

5 Market Overview (Page No. - 47)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Increasing Demand for Plastics in the Automotive Industry
                    5.2.1.2 Increasing Significance of Aesthetics in Packaging
                    5.2.1.3 Industrialization in Emerging Economies
                    5.2.1.4 High Demand for High-Performance Pigments (HPPs)
           5.2.2 Restraints
                    5.2.2.1 Volatility in Raw Material Prices
                    5.2.2.2 Environmental Regulations
           5.2.3 Opportunities
                    5.2.3.1 Technological Advancements
           5.2.4 Challenges
                    5.2.4.1 Regulations Related to Plastic Recycling
    5.3 Porter’s Five Forces Analysis
           5.3.1 Threat of New Entrants
           5.3.2 Threat of Substitutes
           5.3.3 Bargaining Power of Buyers
           5.3.4 Bargaining Power of Suppliers
           5.3.5 Intensity of Competitive Rivalry
    5.4 Macroeconomic Indicators
    5.5 Trends and Forecast of GDP
    5.6 Plastic Industry Trends, 2016

6 Plastic Pigments Market, By Type (Page No. - 58)
    6.1 Introduction
    6.2 Inorganic Pigments
                    6.2.1.1 Low Cost of Inorganic Pigments Drive the Demand
           6.2.2 Titanium Dioxide
                    6.2.2.1 Titanium Dioxide is the Most Widely Used Pigment in the Dyes & Pigments Industry
           6.2.3 Iron Oxide Pigments
                    6.2.3.1 Building & Construction Industry is Expected to Drive the Consumption of Iron Oxide Plastic Pigments
                    6.2.3.2 Natural Iron Oxide Pigments
                    6.2.3.3 Synthetic Iron Oxide Pigments
           6.2.4 Carbon Black
                    6.2.4.1 Injection Molding is A Major Application of Carbon Black
           6.2.5 Chromium Oxide
                    6.2.5.1 Automotive and Packaging End-Use Industries Drive the Consumption of Chromium Oxide
           6.2.6 Cadmium Pigments
                    6.2.6.1 Properties, Such as Good Color, High Opacity, and Tinting Strength Drive the Consumption
    6.3 Organic Pigments
                    6.3.1.1 High Performance of Organic Pigments is Likely to Drive the Growth During the Forecast Period
           6.3.2 Phthalocyanine Pigments
                    6.3.2.1 Phthalocyanines Pigments is the Second-Most Important Class of Organic Pigments
           6.3.3 High-Performance Pigments
                    6.3.3.1 Excellent Lightfastness, Heat Stability, and Resistance to Various Chemicals Drive the Use of These Pigments
    6.4 Others

7 Plastic Pigments Market, By End-Use Industry (Page No. - 64)
    7.1 Introduction
    7.2 Packaging
           7.2.1 Packaging Was the Largest End-Use Industry in 2017
           7.2.2 Food & Beverage Packaging
           7.2.3 Healthcare & Pharmaceutical Packaging
           7.2.4 Consumer Goods Packaging
    7.3 Building & Construction
           7.3.1 Recovering Building & Construction Industry is Expected to Drive the Plastic Pigments Market
           7.3.2 Building Exteriors
           7.3.3 Building Interiors
           7.3.4 Others
    7.4 Consumer Goods
           7.4.1 Change in Lifestyles and Improved Standard of Living
           7.4.2 Sports & Leisure
           7.4.3 Furniture
           7.4.4 Electronic Goods
           7.4.5 Others
    7.5 Automotive
           7.5.1 Increasing Use of Plastics in the Automotive Industry is Boosting the Market
    7.6 Others
           7.6.1 Healthcare
           7.6.2 Electronics
           7.6.3 Textile

8 Plastic Pigments Market, By Region (Page No. - 71)
    8.1 Introduction
    8.2 India to Register the Highest CAGR in the Plastic Pigments Market
    8.3 APAC
           8.3.1 China
                    8.3.1.1 Booming Plastic Industry is Contributing to the Market Growth in China
           8.3.2 India
                    8.3.2.1 High Growth of the Packaging Industry is Propelling the Indian Market
           8.3.3 Japan
                    8.3.3.1 Growth of Various End-Use Industries is Spurring the Market in the Country
           8.3.4 South Korea
                    8.3.4.1 Automotive Industry is Driving the Market in South Korea
           8.3.5 Rest of APAC
    8.4 North America
           8.4.1 US
                    8.4.1.1 Increasing Consumption of Plastics is A Governing Factor for the Market Growth
           8.4.2 Canada
                    8.4.2.1 Healthcare Industry is Likely to Boost the Market in Canada
           8.4.3 Mexico
                    8.4.3.1 Increasing Demand for Plastic Packaging is Triggering the Market Growth in Mexico
    8.5 Europe
           8.5.1 Germany
                    8.5.1.1 Increased Investments in Plastic Production are Offering Opportunities for Market Growth in the Country
           8.5.2 Italy
                    8.5.2.1 Innovations in the Plastic Industry are Expected to Stimulate the Market Growth
           8.5.3 France
                    8.5.3.1 Increasing Use of Plastic Pigments in Food and Beverage Packaging is A Driving Force for the Market
           8.5.4 UK
                    8.5.4.1 Growing Plastic Manufacturing Sector is Boosting the UK Market
           8.5.5 Benelux Countries
                    8.5.5.1 Food Packaging Industry Drives the Market in the Benelux Countries
           8.5.6 Rest of Europe
    8.6 Middle East & Africa
           8.6.1 Saudi Arabia
                    8.6.1.1 Increase in the Number of Vehicles is Driving the Saudi Arabian Market
           8.6.2 South Africa
                    8.6.2.1 Packaging, Building & Construction, and Automotive Industries are Driving the Market in South Africa
           8.6.3 Rest of Middle East & Africa
    8.7 South America
           8.7.1 Brazil
                    8.7.1.1 Rise in the Number of Masterbatch Production Facilities is Boosting the Market in Brazil
           8.7.2 Argentina
                    8.7.2.1 Growth of the Plastic Industry is A Driving Factor for the Market
           8.7.3 Rest of South America

9 Competitive Landscape (Page No. - 109)
    9.1 Overview
    9.2 Market Ranking Analysis of Key Players
           9.2.1 BASF
           9.2.2 Clariant
           9.2.3 Lanxess
           9.2.4 DIC Corporation
           9.2.5 Sudarshan Chemical Industries
    9.3 Competitive Scenario
           9.3.1 Investment & Expansion
           9.3.2 Merger & Acquisition
           9.3.3 New Product Launch

10 Company Profiles (Page No. - 119)
     10.1 Clariant
             10.1.1 Business Overview
             10.1.2 Products Offered
             10.1.3 Recent Developments
             10.1.4 SWOT Analysis
             10.1.5 MnM View
     10.2 BASF
             10.2.1 Business Overview
             10.2.2 Products Offered
             10.2.3 Recent Developments
             10.2.4 SWOT Analysis
             10.2.5 MnM View
     10.3 DIC Corporation
             10.3.1 Business Overview
             10.3.2 Products Offered
             10.3.3 Recent Developments
             10.3.4 SWOT Analysis
             10.3.5 MnM View
     10.4 Sudarshan Chemical Industries
             10.4.1 Business Overview
             10.4.2 Products Offered
             10.4.3 Recent Developments
             10.4.4 SWOT Analysis
             10.4.5 MnM View
     10.5 Cabot Corporation
             10.5.1 Business Overview
             10.5.2 Products Offered
             10.5.3 Recent Developments
             10.5.4 MnM View
     10.6 Lanxess
             10.6.1 Business Overview
             10.6.2 Products Offered
             10.6.3 Recent Developments
             10.6.4 SWOT Analysis
             10.6.5 MnM View
     10.7 Chemours
             10.7.1 Business Overview
             10.7.2 Products Offered
             10.7.3 Recent Developments
             10.7.4 MnM View
     10.8 Heubach GmbH
             10.8.1 Business Overview
             10.8.2 Products Offered
             10.8.3 Recent Developments
             10.8.4 MnM View
     10.9 Tronox Limited
             10.9.1 Business Overview
             10.9.2 Products Offered
             10.9.3 Recent Developments
             10.9.4 MnM View
     10.10 Ferro Corporation
             10.10.1 Business Overview
             10.10.2 Products Offered
             10.10.3 Recent Developments
             10.10.4 MnM View
     10.11 Other Players
             10.11.1 Atul Ltd.
             10.11.2 Kronos International
             10.11.3 National Industrialization Company (Tasnee)
             10.11.4 Eckart GmbH
             10.11.5 Dominion Colour Corporation
             10.11.6 Toyocolor
             10.11.7 Voxco Pigments and Chemicals
             10.11.8 Habich GmbH
             10.11.9 Mazda Colours Limited
             10.11.10 Cathay Industries

11 Appendix (Page No. - 147)
     11.1 Excerpts From Expert Interviews
     11.2 Discussion Guide
     11.3 Knowledge Store: Marketsandmarkets Subscription Portal
     11.4 Introducing RT: Real-Time Market Intelligence
     11.5 Available Customizations
     11.6 Related Reports


List of Tables (71 Tables)

Table 1 Regulations in Plastic Pigments Market
Table 2 Trends and Forecast of GDP, USD Billion (2016–2022)
Table 3 Plastic Pigments Market Size, By Type, 2016–2023 (Kiloton)
Table 4 Plastic Pigments Market Size, By Type, 2016–2023 (USD Million)
Table 5 Plastic Pigments Market Size, By End-Use Industry, 2016–2023 (Kiloton)
Table 6 Plastic Pigments Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 7 Plastic Pigments Market Size, By Region, 2016–2023 (Kiloton)
Table 8 Plastic Pigments Market Size, By Region, 2016–2023 (USD Million)
Table 9 APAC: Plastic Pigments Market Size, By Country, 2016–2023 (Kiloton)
Table 10 APAC: Plastic Pigments Market Size, By Country, 2016–2023 (USD Million)
Table 11 APAC: Plastic Pigments Market Size, By End-Use Industry, 2016–2023 (Kiloton)
Table 12 APAC: Plastic Pigments Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 13 China: Plastic Pigments Market Size, By End-Use Industry, 2016–2023 (Kiloton)
Table 14 China: Plastic Pigments Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 15 India: Plastic Pigments Market Size, By End-Use Industry, 2016–2023 (Kiloton)
Table 16 India: Plastic Pigments Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 17 Japan: Plastic Pigments Market Size, By End-Use Industry, 2016–2023 (Kiloton)
Table 18 Japan: Plastic Pigments Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 19 South Korea: Plastic Pigments Market Size, By End-Use Industry, 2016–2023 (Kiloton)
Table 20 South Korea: Plastic Pigments Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 21 Rest of APAC: Plastic Pigments Market Size, By End-Use Industry, 2016–2023 (Kiloton)
Table 22 Rest of APAC: Plastic Pigments Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 23 North America: Plastic Pigments Market Size, By Country, 2016–2023 (Kiloton)
Table 24 North America: Plastic Pigments Market Size, By Country, 2016–2023 (USD Million)
Table 25 North America: Plastic Pigments Market Size, By End-Use Industry, 2016–2023 (Kiloton)
Table 26 North America: Plastic Pigments Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 27 US: Plastic Pigments Market Size, By End-Use Industry, 2016–2023 (Kiloton)
Table 28 US: Plastic Pigments Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 29 Canada: Plastic Pigments Market Size, By End-Use Industry, 2016–2023 (Kiloton)
Table 30 Canada: Plastic Pigments Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 31 Mexico: Plastic Pigments Market Size, By End-Use Industry, 2016–2023 (Kiloton)
Table 32 Mexico: Plastic Pigments Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 33 Europe: Plastic Pigments Market Size, By Country, 2016–2023 (Kiloton)
Table 34 Europe: Plastic Pigments Market Size, By Country, 2016–2023 (USD Million)
Table 35 Europe: Plastic Pigments Market Size, By End-Use Industry, 2016–2023 (Kiloton)
Table 36 Europe: Plastic Pigments Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 37 Germany: Plastic Pigments Market Size, By End-Use Industry, 2016–2023 (Kiloton)
Table 38 Germany: Plastic Pigments Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 39 Italy: Plastic Pigments Market Size, By End-Use Industry, 2016–2023 (Kiloton)
Table 40 Italy: Plastic Pigments Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 41 France: Plastic Pigments Market Size, By End-Use Industry, 2016–2023 (Kiloton)
Table 42 France: Plastic Pigments Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 43 UK: Plastic Pigments Market Size, By End-Use Industry, 2016–2023 (Kiloton)
Table 44 UK: Plastic Pigments Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 45 Benelux Countries: Plastic Pigments Market Size, By End-Use Industry, 2016–2023 (Kiloton)
Table 46 Benelux Countries: Plastic Pigments Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 47 Rest of Europe: Plastic Pigments Market Size, By End-Use Industry, 2016–2023 (Kiloton)
Table 48 Rest of Europe: Plastic Pigments Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 49 Middle East & Africa: Plastic Pigments Market Size, By Country, 2016–2023 (Kiloton)
Table 50 Middle East & Africa: Plastic Pigments Market Size, By Country, 2016–2023 (USD Million)
Table 51 Middle East & Africa: Plastic Pigments Market Size, By End-Use Industry, 2016–2023 (Kiloton)
Table 52 Middle East & Africa: Plastic Pigments Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 53 Saudi Arabia: Plastic Pigments Market Size, By End-Use Industry, 2016–2023 (Kiloton)
Table 54 Saudi Arabia: Plastic Pigments Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 55 South Africa: Plastic Pigments Market Size, By End-Use Industry, 2016–2023 (Kiloton)
Table 56 South Africa: Plastic Pigments Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 57 Rest of Middle East & Africa: Plastic Pigments Market Size, By End-Use Industry, 2016–2023 (Kiloton)
Table 58 Rest of Middle East & Africa: Plastic Pigments Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 59 South America: Plastic Pigments Market Size, By Country, 2016–2023 (Kiloton)
Table 60 South America: Plastic Pigments Market Size, By Country, 2016–2023 (USD Million)
Table 61 South America: Plastic Pigments Market Size, By End-Use Industry, 2016–2023 (Kiloton)
Table 62 South America: Plastic Pigments Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 63 Brazil: Plastic Pigments Market Size, By End-Use Industry, 2016–2023 (Kiloton)
Table 64 Brazil: Plastic Pigments Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 65 Argentina: Plastic Pigments Market Size, By End-Use Industry, 2016–2023 (Kiloton)
Table 66 Argentina: Plastic Pigments Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 67 Rest of South America: Plastic Pigments Market Size, By End-Use Industry, 2016–2023 (Kiloton)
Table 68 Rest of South America: Plastic Pigments Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 69 Investment & Expansion, 2013–2018
Table 70 Merger & Acquisition, 2013–2018
Table 71 New Product Launch, 2013–2018


List of Figures (40 Figures)

Figure 1 Plastic Pigments Market: Research Design
Figure 2 Approach
Figure 3 Plastic Pigments Market: Bottom-Up Approach
Figure 4 Plastic Pigments Market Size: Top-Down Approach
Figure 5 Market Breakdown and Data Triangulation
Figure 6 Plastic Pigments Market Size, By Volume (Kiloton) and Value (USD Billion), 2016–2023
Figure 7 Organic Pigments to Account for the Larger Share in the Plastic Pigments Market
Figure 8 Packaging End-Use Industry to Lead the Plastic Pigments Market
Figure 9 China to Be the Largest Plastic Pigments Market Between 2018 and 2023
Figure 10 APAC Led the Plastic Pigments Market in 2017
Figure 11 High Growth Potential in the Packaging Industry to Drive the Market
Figure 12 Packaging End-Use Industry Dominated the Market in APAC
Figure 13 Packaging to Be the Dominating End-Use Industry of Plastic Pigments
Figure 14 Inorganic Pigments Segment to Lead the Plastic Pigments Market
Figure 15 APAC Was the Largest Plastic Pigments Market in 2017
Figure 16 Drivers, Restraints, Opportunities, and Challenges: Plastic Pigments Market
Figure 17 Crude Oil Prices From 2014 to 2018
Figure 18 Plastic Pigments Market is Dominated By Top Players Providing High-Quality Products
Figure 19 Inorganic Pigments to Dominate the Plastic Pigments Market
Figure 20 Packaging End-Use Industry to Drive the Plastic Pigments Market
Figure 21 APAC: Plastic Pigments Market Snapshot
Figure 22 North America: Plastic Pigments Market Snapshot
Figure 23 Europe: Plastic Pigments Market Snapshot
Figure 24 Companies Adopted Investment & Expansion as the Key Growth Strategy Between 2013 and 2018
Figure 25 Market Ranking, 2017
Figure 26 Clariant: Company Snapshot
Figure 27 Clariant : SWOT Analysis
Figure 28 BASF: Company Snapshot
Figure 29 BASF : SWOT Analysis
Figure 30 DIC Corporation: Company Snapshot
Figure 31 DIC Corporation: SWOT Analysis
Figure 32 Sudarshan Chemical Industries: Company Snapshot
Figure 33 Sudarshan Chemical Industries: SWOT Analysis
Figure 34 Cabot Corporation: Company Snapshot
Figure 35 Lanxess: Company Snapshot
Figure 36 Lanxess : SWOT Analysis
Figure 37 Chemours: Company Snapshot
Figure 38 Heubach GmbH: Company Snapshot
Figure 39 Tronox Limited: Company Snapshot
Figure 40 Ferro Corporation: Company Snapshot

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  • Global Expanded Polypropylene Market Research Report 2024
    Published: 08-Jan-2024        Price: US 2900 Onwards        Pages: 90
    EPP is engineered polypropylene resin, formed into small, closed-cell foam beads. Expanded polypropylene (EPP) was developed in The 1980s. This is particle foam based on polypropylene. As opposed to EPS, EPP is not impregnated with a foaming agent, meaning that subsequent foaming agent-based expansion is not possible. The global Expanded Polypropylene market was valued at US$ 1719.8 million in 2023 and is anticipated to reach US$ 2889.1 million by 2030, witnessing a CAGR of 7.6% dur......
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