Expanded Polypropylene (EPP) Foam Market by Type (Low Density, High Density & Porous PP), Application (Automotive, Packaging, Consumer Products), and Region (North America, Europe, Asia-Pacific) - Global Forecast to 2025

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Date: 16-Mar-2020
No. of pages: 119
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“The EPP foam market is projected to register a CAGR of 5.3%, in terms of value,between 2020 and 2025.”

The EPP foam market is projected to grow from USD 1,253 Million in 2019 to USD 1,619 Million by 2024, at a CAGR of 5.3% between 2019 and 2024. Recyclable & reusable properties, optimum performance, and low weight of EPP foam are driving the market. However, the manufacturers are facing challenges with regard to volatility in raw material prices.

“The EPP foam market projected to witness the highest CAGR in Porous PP segment during the forecast period”

Porous PP foam’s shape helps to add air space, making these foams lightweight. These foams are good in impact protection, highly durable, have high structural integrity. They are mainly used in the automotive industry for noise and vibration reduction. Car interior is the major application of porous PP foams, which are mainly used in this application because of their characteristic of noise reduction.

“Automotive is estimated to have the largest share of the overall EPP foam market during the forecast period.”

Due to low cost, outstanding mechanical properties, and mold ability, EPP foam is widely used in automotive parts. It helps in reducing vehicle weight up to 10%, allowing up to 7% fuel saving. It also helps in minimizing the release of VOCs from automotive interior parts. When EPP foam is additionally combined with metals, a greater amount of energy can be absorbed and distributed. These factors are supporting the trend of making eco-friendly vehicles.

“APAC is estimated to dominate the global EPP foam market.”

APAC accounted for a largest share of the global market, in terms of value, in 2019. The region is also projected to be the largest market between 2019 and 2024 due to China, India, and other booming economies in the region.It is projected to offer significant opportunities for vehicle manufacturers, and in turn, EPP foam manufacturers in the next five years.

In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, innovation and technology directors, and executives from various key organizations operating in the EPP foam market,and information was gathered from secondary research to determine and verify the market size of several segments and sub-segments.

Breakdown of Primary Interviews:


  • By Company Type: Tier 1 – 18%, Tier 2 – 27%, and Tier 3 – 55%

  • By Designation: C Level – 27%, D Level – 27%, and Others – 46%

  • By Region: APAC – 46%, North America – 18%, Europe – 18%, South America- 9%,and the Middle East & Africa– 9%


The key companies profiled in this report are JSP Corporation (Japan), Kaneka Corporation (Japan), Hanwha Chemical Corporation (South Korea), and BASF SE (Germany).

Research Coverage:

This report provides detailed segmentation of the EPP foam market based on resin type, application, and region. Based on type, the EPP foam market has been segmented into low density, high density, and porous PP. Based on application, the market has been segmented into automotive, packaging, consumer goods, and others. Based on region, the market has been segmented into APAC, Europe, North America, South America, and the Middle East & Africa.

Key Benefits of Buying the Report

From an insight perspective, this research report focuses on various levels of analyses—industry analysis (industry trends), market share analysis of top players, and company profiles.It discusses the basic views on the competitive landscape; emerging and high-growth segments of the market; high growth regions; and market drivers, restraints, opportunities, and challenges.

Expanded Polypropylene (EPP) Foam Market by Type (Low Density, High Density & Porous PP), Application (Automotive, Packaging, Consumer Products), and Region (North America, Europe, Asia-Pacific) - Global Forecast to 2025

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Regions Covered
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Unit Considered
1.6 Stakeholders

2 Research Methodology
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 Premium Insights
3.1 Significant Opportunities in the EPP Foam Market
3.2 EPP Foam Market, By Type
3.3 APAC EPP Foam Market, By Application and Country, 2019
3.4 EPP Foam Market, By Key Countries
3.5 EPP Foam Market, Developed vs. Developing Countries

4 Market Overview
4.1 Introduction
4.2 Market Dynamics
4.2.1 Drivers
4.2.1.1 Recyclable & Reusable Properties of EPP Foam
4.2.1.2 Optimum Performance and Low Weight of EPP Foam
4.2.2 Restraints
4.2.2.1 Higher Price of EPP Foam Over Other Types of Foam
4.2.2.2 Volatile Raw Material Prices
4.2.3 Opportunities
4.2.3.1 Growing Demand for EPP Foam in End-Use Industries
4.2.3.2 Investments in Emerging Economies
4.2.4 Challenges
4.2.4.1 Less Awareness About EPP Foam
4.3 Porter’s Five Forces Analysis
4.3.1 Intensity of Competitive Rivalry
4.3.2 Bargaining Power of Buyers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitutes
4.3.5 Threat of New Entrants
4.4 Macroeconomic Overview and Key Indicators
4.4.1 Global GDP Trends and Forecasts
4.4.2 Trends in the Packaging Industry
4.4.3 Growth Indicators in the Automotive Industry

5 EPP Foam Market, By Type
5.1 Introduction
5.2 Low Density
5.2.1 Low-Density EPP Foams Have High Demand in the Packaging Industry
5.3 High Density
5.3.1 These Foams Have Good Stability, High Strength-To-Weight Ratio, and Load-Bearing Structural Support
5.4 Porous PP
5.4.1 These Foams Help in Noise and Vibration Reduction

6 EPP Foam Market, By Application
6.1 Introduction
6.2 Automotive
6.2.1 EPP Foam is Used Widely in Automotive Applications for Its Low Weight
6.3 Packaging
6.3.1 Affordability of EPP Foam is Driving the Demand in Packaging Applications
6.4 Consumer Products
6.4.1 Energy Absorption and Acoustic Insulation are Boosting the Demand in Consumer Products
6.5 Others

7 EPP Foam Market, By Region
7.1 Introduction
7.2 North America
7.2.1 US
7.2.1.1 The Automotive Industry is Driving the Demand for EPP Foam
7.2.2 Canada
7.2.2.1 The Market is Fueled By the Demand in Packaging Applications
7.2.3 Mexico
7.2.3.1 The Country is Attracting Investments By Key Market Players
7.3 Europe
7.3.1 Germany
7.3.1.1 Increased Demand From Automotive Parts Manufacturing Sector is Driving the Market
7.3.2 France
7.3.2.1 The Country is One of the Leading Exporters of Packaging Materials Globally
7.3.3 Spain
7.3.3.1 The Country has the Presence of Established Car Manufacturers
7.3.4 UK
7.3.4.1 Significant Investments are Made for Automotive R&D
7.3.5 Netherlands
7.3.5.1 The Growing Automotive Sector is Likely to Boost the Demand for EPP Foam
7.3.6 Rest of Europe
7.4 APAC
7.4.1 China
7.4.1.1 Growing Industrial and Manufacturing Activities are Resulting in Increasing the Demand for EPP Foam
7.4.2 India
7.4.2.1 Promising Automobile Manufacturing Growth is Expected to Drive the Demand for EPP Foam
7.4.3 Japan
7.4.3.1 The Manufacturing Industry is Projected to Experience Low Growth Due to Saturated Market Conditions
7.4.4 South Korea
7.4.4.1 The Key Automobile Manufacturers are Headquartered in the Country
7.4.5 Thailand
7.4.5.1 It is the Largest Automobile Producer Among Southeast Asian Countries
7.4.6 Rest of APAC
7.5 South America
7.5.1 Brazil
7.5.1.1 The Market for EPP Foam in Brazil is Led By Demand From the Automotive Industry
7.5.2 Argentina
7.5.2.1 High Demand for Luxury Cars and Suvs is Witnessed in the Country Due to Increasing Consumer Spending
7.5.3 Rest of South America
7.6 Middle East & Africa
7.6.1 South Africa
7.6.1.1 The EPP Foam Market is Driven By the Presence of Various Car Manufacturers in the Country
7.6.2 Morocco
7.6.2.1 Presence of A Large Number of Automobile Companies is Boosting the Market
7.6.3 Rest of Middle East & Africa

8 Competitive Landscape
8.1 Introduction
8.2 Competitive Scenario
8.2.1 Investment & Expansion

9 Company Profiles
9.1 JSP Corporation
9.1.1 Business Overview
9.1.2 Products Offered
9.1.3 Recent Developments
9.1.4 SWOT Analysis
9.1.5 MnM View
9.2 Kaneka Corporation
9.2.1 Business Overview
9.2.2 Products Offered
9.2.3 Recent Developments
9.2.4 SWOT Analysis
9.2.5 MnM View
9.3 Hanwha Chemical Corporation
9.3.1 Business Overview
9.3.2 Products Offered
9.3.3 SWOT Analysis
9.3.4 MnM View
9.4 BASF SE
9.4.1 Business Overview
9.4.2 Products Offered
9.4.3 SWOT Analysis
9.4.4 MnM View
9.5 Furukawa Electric Co., Ltd.
9.5.1 Business Overview
9.5.2 Products Offered
9.5.3 SWOT Analysis
9.5.4 MnM View
9.6 DS Smith Plc
9.6.1 Business Overview
9.6.2 Products Offered
9.6.3 SWOT Analysis
9.7 Sonoco Products Company
9.7.1 Business Overview
9.7.2 Products Offered
9.7.3 SWOT Analysis
9.8 Woodbridge
9.8.1 Business Overview
9.8.2 Products Offered
9.9 Automa Multi Styrene
9.9.1 Business Overview
9.9.2 Products Offered
9.10 Chemische Fabrik Budenheim Kg
9.9.1 Business Overview
9.9.2 Products Offered
9.11 Clark Foam Products
9.11.1 Business Overview
9.11.2 Products Offered
9.12 K. K. Nag Ltd.
9.12.1 Business Overview
9.12.2 Products Offered
9.13 Knauf Industries
9.13.1 Business Overview
9.13.2 Products Offered

10 Appendix
10.1 Discussion Guide
10.2 Knowledge Store: Marketsandmarkets Subscription Portal
10.3 Available Customizations
10.4 Related Reports
10.5 Author Details

List of Tables

Table 1 EPP Foam Market to Register High Growth Between 2020 and 2025
Table 2 GDP Percentage Change of Key Countries, 2019–2024
Table 3 Global Flexible Packaging Production (Volume), By Region
Table 4 Global Automotive Production in Key Countries, 2017—2018 (Million Units)
Table 5 EPP Foam Market Size, By Type, 2018–2025 (USD Million)
Table 6 EPP Foam Market Size, By Type, 2018–2025 (Kiloton)
Table 7 Low-Density EPP Foam Market Size, By Region, 2018–2025 (USD Million)
Table 8 Low-Density EPP Foam Market Size, By Region, 2018–2025 (Kiloton)
Table 9 High-Density EPP Foam Market Size, By Region, 2018–2025 (USD Million)
Table 10 High-Density EPP Foam Market Size, By Region, 2018–2025 (Kiloton)
Table 11 Porous Pp EPP Foam Market Size, By Region, 2018–2025 (USD Million)
Table 12 Porous Pp EPP Foam Market Size, By Region, 2018–2025 (Kiloton)
Table 13 EPP Foam Market Size, By Application, 2018–2025 (USD Million)
Table 14 EPP Foam Market Size, By Application, 2018–2025 (Kiloton)
Table 15 EPP Foam Market Size in Automotive Application, By Region, 2018–2025 (USD Million)
Table 16 EPP Foam Market Size in Automotive Application, By Region, 2018–2025 (Kiloton)
Table 17 EPP Foam Market Size in Packaging Application, By Region, 2018–2025 (USD Million)
Table 18 EPP Foam Market Size in Packaging Application, By Region, 2018–2025 (Kiloton)
Table 19 EPP Foam Market Size in Consumer Products Application, By Region, 2018–2025 (USD Million)
Table 20 EPP Foam Market Size in Consumer Products Application, By Region, 2018–2025 (Kiloton)
Table 21 EPP Foam Market Size in Other Applications, By Region, 2018–2025 (USD Million)
Table 22 EPP Foam Market Size in Other Applications, By Region, 2018–2025 (Kiloton)
Table 23 EPP Foam Market Size, By Region, 2018–2025 (USD Million)
Table 24 EPP Foam Market Size, By Region, 2018–2025 (Kiloton)
Table 25 North America: EPP Foam Market Size, By Country, 2018–2025 (USD Million)
Table 26 North America: EPP Foam Market Size, By Country, 2018–2025 (Kiloton)
Table 27 North America: EPP Foam Market Size, By Type, 2018–2025 (USD Million)
Table 28 North America: EPP Foam Market Size, By Type, 2018–2025 (Kiloton)
Table 29 North America: EPP Foam Market Size, By Application, 2018–2025 (USD Million)
Table 30 North America: EPP Foam Market Size, By Application, 2018–2025 (Kiloton)
Table 31 US: EPP Foam Market Size, By Application, 2018–2025 (USD Million)
Table 32 US: EPP Foam Market Size, By Application, 2018–2025 (Kiloton)
Table 33 Canada: EPP Foam Market Size, By Application, 2018–2025 (USD Million)
Table 34 Canada: EPP Foam Market Size, By Application, 2018–2025 (Kiloton)
Table 35 Mexico: EPP Foam Market Size, By Application, 2018–2025 (USD Million)
Table 36 Mexico: EPP Foam Market Size, By Application, 2018–2025 (Kiloton)
Table 37 Europe: EPP Foam Market Size, By Country, 2018–2025 (USD Million)
Table 38 Europe: EPP Foam Market Size, By Country, 2018–2025 (Kiloton)
Table 39 Europe: EPP Foam Market Size, By Type, 2018–2025 (USD Million)
Table 40 Europe: EPP Foam Market Size, By Type, 2018–2025 (Kiloton)
Table 41 Europe: EPP Foam Market Size, By Application, 2018–2025 (USD Million)
Table 42 Europe: EPP Foam Market Size, By Application, 2018–2025 (Kiloton)
Table 43 Germany: EPP Foam Market Size, By Application, 2018–2025 (USD Million)
Table 44 Germany: EPP Foam Market Size, By Application, 2018–2025 (Kiloton)
Table 45 France: EPP Foam Market Size, By Application, 2018–2025 (USD Million)
Table 46 France: EPP Foam Market Size, By Application, 2018–2025 (Kiloton)
Table 47 Spain: EPP Foam Market Size, By Application, 2018–2025 (USD Million)
Table 48 Spain: EPP Foam Market Size, By Application, 2018–2025 (Kiloton)
Table 49 UK: EPP Foam Market Size, By Application, 2018–2025 (USD Million)
Table 50 UK: EPP Foam Market Size, By Application, 2018–2025 (Kiloton)
Table 51 Netherlands: EPP Foam Market Size, By Application, 2018–2025 (USD Million)
Table 52 Netherlands: EPP Foam Market Size, By Application, 2018–2025 (Kiloton)
Table 53 APAC: EPP Foam Market Size, By Country, 2018–2025 (USD Million)
Table 54 APAC: EPP Foam Market Size, By Country, 2018–2025 (Kiloton)
Table 55 APAC: EPP Foam Market Size, By Type, 2018–2025 (USD Million)
Table 56 APAC: EPP Foam Market Size, By Type, 2018–2025 (Kiloton)
Table 57 APAC: EPP Foam Market Size, By Application, 2018–2025 (USD Million)
Table 58 APAC: EPP Foam Market Size, By Application, 2018–2025 (Kiloton)
Table 59 China: EPP Foam Market Size, By Application, 2018–2025 (USD Million)
Table 60 China: EPP Foam Market Size, By Application, 2018–2025 (Kiloton)
Table 61 India: EPP Foam Market Size, By Application, 2018–2025 (USD Million)
Table 62 India: EPP Foam Market Size, By Application, 2018–2025 (Kiloton)
Table 63 Japan: EPP Foam Market Size, By Application, 2018–2025 (USD Million)
Table 64 Japan: EPP Foam Market Size, By Application, 2018–2025 (Kiloton)
Table 65 South Korea: EPP Foam Market Size, By Application, 2018–2025 (USD Million)
Table 66 South Korea: EPP Foam Market Size, By Application, 2018–2025 (Kiloton)
Table 67 South America: EPP Foam Market Size, By Country, 2018–2025 (USD Million)
Table 68 South America: EPP Foam Market Size, By Country, 2018–2025 (Kiloton)
Table 69 South America: EPP Foam Market Size, By Type, 2018–2025 (USD Million)
Table 70 South America: EPP Foam Market Size, By Type, 2018–2025 (Kiloton)
Table 71 South America: EPP Foam Market Size, By Application, 2018–2025 (USD Million)
Table 72 South America: EPP Foam Market Size, By Application, 2018–2025 (Kiloton)
Table 73 Brazil: EPP Foam Market Size, By Application, 2018–2025 (USD Million)
Table 74 Brazil: EPP Foam Market Size, By Application, 2018–2025 (Kiloton)
Table 75 Middle East & Africa: EPP Foam Market Size, By Country, 2018–2025 (USD Million)
Table 76 Middle East & Africa: EPP Foam Market Size, By Country, 2018–2025 (Kiloton)
Table 77 Middle East & Africa: EPP Foam Market Size, By Type, 2018–2025 (USD Million)
Table 78 Middle East & Africa: EPP Foam Market Size, By Type, 2018–2025 (Kiloton)
Table 79 Middle East & Africa: EPP Foam Market Size, By Application, 2018–2025 (USD Million)
Table 80 Middle East & Africa: EPP Foam Market Size, By Application, 2018–2025 (Kiloton)
Table 81 South Africa: EPP Foam Market Size, By Application, 2018–2025 (USD Million)
Table 82 South Africa: EPP Foam Market Size, By Application, 2018–2025 (Kiloton)
Table 83 Investment & Expansion, 2015–2020

List of Figures

Figure 1 EPP Foam Market Segmentation
Figure 2 EPP Foam Market: Research Design
Figure 3 EPP Foam Market Size Estimation
Figure 4 Market Size Estimation: Bottom-Up Approach
Figure 5 EPP Foam Market: Data Triangulation
Figure 6 Low-Density EPP Foam Was the Leading Segment in 2019
Figure 7 Automotive Was the Leading Application of EPP Foam in 2019
Figure 8 APAC Was the Largest Market for EPP Foam in 2019
Figure 9 EPP Foam Market to Witness Growth Between 2020 and 2025
Figure 10 Porous PP to Be the Fastest-Growing Segment
Figure 11 Automotive Segment and China Accounted for the Largest Shares
Figure 12 India to Be A Lucrative Market for EPP Foam
Figure 13 Market in Developing Countries to Grow Faster Than in Developed Countries
Figure 14 Drivers, Restraints, Opportunities, and Challenges in the EPP Foam Market
Figure 15 Porter’s Five Forces Analysis: EPP Foam Market
Figure 16 Global Packaging Production Overview, By Type (2017)
Figure 17 Low Density is the Major Segment of EPP Foam Market
Figure 18 Automotive is the Major Application Segment of EPP Foam Market
Figure 19 India to Be the Fastest-Growing Market
Figure 20 North America: EPP Foam Market Snapshot
Figure 21 Europe: EPP Foam Market Snapshot
Figure 22 APAC: EPP Foam Market Snapshot
Figure 23 Companies Adopted Investment & Expansion as the Key Growth Strategy Between 2015 and 2020
Figure 24 JSP Corporation: Company Snapshot
Figure 25 JSP: SWOT Analysis
Figure 26 Kaneka Corporation: Company Snapshot
Figure 27 Kaneka Corporation: SWOT Analysis
Figure 28 Hanwha Chemical Corporation: Company Snapshot
Figure 29 Hanwha: SWOT Analysis
Figure 30 BASF: Company Snapshot
Figure 31 BASF: SWOT Analysis
Figure 32 Furukawa Electric: Company Snapshot
Figure 33 Furukawa Electric: SWOT Analysis
Figure 34 DS Smith: Company Snapshot
Figure 35 DS Smith: SWOT Analysis
Figure 36 Sonoco Products Company: Company Snapshot
Figure 37 Sonoco Products Company: SWOT Analysis

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