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Polypropylene is a thermoplastic polymer which can be readily formed by catalytic polymerization of propylene. In foam form it is used for various applications such as packaging, automobile, construction, electrical and electronics, and medical industries.
According to our (Global Info Research) latest study, the global Polypropylene Foams market size was valued at USD 981.2 million in 2022 and is forecast to a readjusted size of USD 1219.8 million by 2029 with a CAGR of 3.2% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The Asia-Pacific region is expected to witness the highest growth rate in the polypropylene foams market, in terms of value and volume, from 2016 to 2021. In recent years, the demand for automotive and packaging applications has increased in the region due to the increasing population and rising disposable incomes, thus driving the need for polypropylene foams in the region. Polypropylene foams are leading the market as these foams are totally recyclable. With the superior properties, polypropylene foams enable the reduction of CO2 emissions. Due to the outstanding mechanical properties of polypropylene foams, they can be used over and over again for several years, even under extreme climatic conditions. The strong demand for high end polypropylene foams in the automotive sector from emerging nations and recuperating developed nations is expected to drive the growth of this market in the future.
This report is a detailed and comprehensive analysis for global Polypropylene Foams market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Polypropylene Foams market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2029
Global Polypropylene Foams market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2029
Global Polypropylene Foams market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2029
Global Polypropylene Foams market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Polypropylene Foams
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Polypropylene Foams market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include JSP, BASF, Kaneka, Hanwha and Mitsui Chemicals, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market segmentation
Polypropylene Foams market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
- Expanded Polypropylene Foams
- Extruded Polypropylene Foams
Market segment by Application
- Automotive
- Packaging
- Consumer Products
- Others
Major players covered
- JSP
- BASF
- Kaneka
- Hanwha
- Mitsui Chemicals
- Borealis
- Furukawa Electric
- Sonoco Products
- DS Smith
- K. K. NAG
- Pregis
- Sekisui Alveo
- Ssw Pearlfoam
- Synbra
- Woodbridge
Market segment by region, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Polypropylene Foams product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Polypropylene Foams, with price, sales, revenue and global market share of Polypropylene Foams from 2018 to 2023.
Chapter 3, the Polypropylene Foams competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Polypropylene Foams breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Polypropylene Foams market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Polypropylene Foams.
Chapter 14 and 15, to describe Polypropylene Foams sales channel, distributors, customers, research findings and conclusion.