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Expanded Polypropylene Market - Growth, Trends And Forecast (2022-2027) By Types, By Application, By Regions and By Key Players - JSP, Kaneka, BASF, Hanwha

23 Mar, 2022 | 98 Pages
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It is expected that the expanded polypropylene market will register a CAGR of 6.6% over the forecast period and reach the market value of US$ 2.1 billion in the year 2027.



Expanded Polypropylene Market Overview



In 2020, the global expanded polypropylene market was worth USD 938.8 million, and it is expected to rise at a respectable CAGR of 6.6% over the next five years. The use of expanded polypropylene in applications such as automotive components, packaging, consumer products, electrical, and electronics has driven this expansion. The extended polypropylene sector is growing because to increased investments in manufacturing facilities around the world and improving economic conditions.



Expanded polypropylene is a closed-cell bead of polypropylene that offers an exclusive range of properties like thermal insulation, recyclability, buoyancy, good impact resistance, good water, chemical resistance, exceptional toughness, energy absorption, and more. Due to its phenomenal properties, expanded polypropylene finds a variety of applications in several end-use industries which include packaging, consumer goods, automobile, and more.Expanded polypropylene (EPP) is a very versatile closed-cell bead foam that delivers a sole variety of properties, including unsettled energy absorption, many impact resistance, thermal insulation, pliability, water and chemical resistance, very high strength to weight ratio, and 100% recyclability. The expanded polypropylene (EPP) foam market is segmented by raw material, form, request, and geography.



Recent Development



29 April 2022: BASF’s Elastolit® polyurethane and enabled by a unique filament winding technology, are now used to support photovoltaic infrastructures for the first time



April 4, 2022 :Hanwha Solutions, owner of the complete energy solutions provider Q CELLS, has announced plans to revitalize the U.S. solar market by becoming the largest shareholder of REC Silicon, a major U.S. polysilicon manufacturer



Who are the Major Players in Expanded Polypropylene Market?



Top Key Players in the Expanded Polypropylene Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The companies referred in the market research report include JSP, Kaneka, BASF, Hanwha, and others.



What are the major Applications, Types, and Regions for the Expanded Polypropylene Market?



Expanded Polypropylene Market is segmented based on the type, applications, companies, and regions.



By Type, Expanded Polypropylene Market has been segmented into 




  • Black Expanded Polypropylene

  • Gray Expanded Polypropylene

  • White Expanded Polypropylene

  • Others



By Application, Expanded Polypropylene Market has been segmented into , 




  • Packaging Industry

  • Automotive

  • Consumer Goods



Regional analysis of Expanded Polypropylene Market



The North American market for Expanded Polypropylene is driven by the expanding automobile and packaging industry in the region. Europe: The market in Europe is projected to witness a demand for Expanded Polypropylene due to the growth of the automotive parts manufacturing industry, the presence of established automobile manufacturers, and a key exporter of packaging materials in the region. Major contributors to the market growth include Germany, the UK, France, Spain, and Russia.Asia-Pacific: Asia-Pacific is the fastest-growing regional market on account of the rapid industrialization in the region. The growth potential is in emerging economies such as India, China, Thailand, Indonesia, and others. Middle East & Africa: The demand for luxury cars in GCC countries and the presence of large oil & gas reserves in the region is the key factor driving the demand for Expanded Polypropylene.




  • North America


    • US

    • Canada



  • Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Rest of Europe



  • Asia-Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Rest of Asia-Pacific



  •       Rest of the World

    • Middle East & Africa

    • Latin America





What is our Expanded Polypropylene Market report scope?























































Report Attributes



Report Details



Forecast Period 2022 to 2028 CAGR



CAGR of 6.6% during the review period (2022 to 2027).



By Type




  • Packaging Industry

  • Automotive

  • Consumer Goods



 



By Application



 




  • Black Expanded Polypropylene

  • Gray Expanded Polypropylene

  • White Expanded Polypropylene

  • Others



 



By Companies



JSP, Kaneka, BASF, Hanwha and others.



Regions Covered




  • North America

  • Europe

  • Asia-Pacific

  • Rest of the World



Countries Covered




  • US

  • Canada

  • Germany

  • France

  • UK

  • Italy

  • Spain

  • Rest of Europe

  • China

  • Japan

  • India

  • Australia

  • South Korea

  • Rest of Asia-Pacific

  • Middle East & Africa

  • Latin America



Base Year



2022



Historical Year



2017 to 2021



Forecast Year



2022 to 2027



Number of Pages



   98



Customization Available



Yes, the report can be customized as per your needs




 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



Key Takeaways from this Expanded Polypropylene Report




  • Evaluate Expanded Polypropylene market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.

  • Understand the different dynamics influencing the market - key driving factors, challenges and hidden opportunities.

  • Get in-depth insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.

  • Analyze the sales and distribution channels across key geographies to improve top-line revenues.

  • Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.

  • Get a quick outlook on the Expanded Polypropylene market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.

  • Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.



All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.



Frequently Asked Question -



What is the study period of this market?



The Expanded Polypropylene (EPP) Foam Market is studied from 2020 - 2027.



What is the growth rate of Expanded Polypropylene (EPP) Foam Market?



The Expanded Polypropylene (EPP) Foam Market is growing at a CAGR of 6.6%



Which region has largest share in Expanded Polypropylene (EPP) Foam Market?



Asia Pacific holds highest share in 2021.



Who are the key players in Expanded Polypropylene (EPP) Foam Market?



BASF SE, Hanwha Group, JSP, Izoblok, Kaneka Corporation are the major companies operating in Expanded Polypropylene (EPP) Foam Market.


  1. INTRODUCTION

    1. MARKET DEFINATION

    2. MARKET DYNAMICS

    3. MARKET SEGMENTATION

    4. REPORT TIMLINES

    5. KEY STAKEHOLDERS



  2. RESEARCH METHODOLOGY

    1. DATA MINING

      • SECONDARY RESEARCH

      • PRIMARY RESEARCH

      • SUBJECT MATTER EXPERT ADVICE



    2. QUALITY CHECK

    3. FINAL REVIEW

      • DATA TRIANGULATION

      • BOTTOM-UP APPROACH

      • TOP-DOWN APPROACH



    4. RESEARCH FLOW



  3. EXECUTIVE SUMMARY

    1. INTRODUCTION

    2. GLOBAL EXPANDED POLYPROPYLENE MARKET BY TYPE

    3. GLOBAL EXPANDED POLYPROPYLENE MARKET BY APPLICTAION



  4. MARKET DYNAMICS

    1. DRIVERS

    2. INCREASING DEMAND FOR EXPANDED POLYPROPYLENE MARKET

    3. RESTRAINTS

      • STRINGENT ENVIRONMENTAL REGUALTIONS

      • HIGH COST ON MATERIALS



    4. OPPORTUNITIES

      • EXPANDED POLYPROPYLENE MARKETGROWTH



    5. APPLICATION OF EXPANDED POLYPROPYLENE MARKETIMPACT OF COVID 19



  5. GLOBAL EXPANDED POLYPROPYLENE MARKET, BY TYPE

    1. INTRODUCTION

    2. PACKAGING INDUSTRY

    3. AUTOMOTIVE

    4. CONSUMER GOODS



  6. GLOBAL EXPANDED POLYPROPYLENE MARKETBY APPLICATION

    1. INTRODUCTION

    2. BLACK EXPANDED POLYPROPYLENE

    3. GRAY EXPANDED POLYPROPYLENE

    4. WHITE EXPANDED POLYPROPYLENE

    5. OTHERS



  7. GLOBAL EXPANDED POLYPROPYLENE MARKETBY REGION

    1. NORTH AMERICA

      • US

      • CANADA

      • MEXICO



    2. EUROPE

      • GERMANY

      • FRANCE

      • UK

      • ITALY

      • RUSSIA

      • REST OF EUROPE



    3. APAC

      • CHINA

      • SOUTH KOREA

      • JAPAN

      • INDIA

      • AUSTRALIA

      • ASEAN

      • REST OF APAC



    4. MIDDLE EAST & AFRICA

      • SAUDI ARABIA

      • UAE

      • SOUTH AFRICA

      • TURKEY

      • REST OF MEA



    5. SOUTH AMERICA

      • BRAZIL

      • REST OF MEA

      • ARGENTINA

      • REST OF SOUTH AMERICA





  8. COMPETITIVE LANDSCAPE

    1. MERGERS, ACQUISITIONS, JOINT VENTURES, COLLABORATIONS,

    2. AND AGREEMENTS

      • KEY DEVELOPMENT



    3. MARKET SHARE (%) **/RANKING ANALYSIS

    4. STRATEGIES ADOPTED BY LEADING PLAYERS



  9. COMPANY PROFILES

    • BUSINESS OVERVIEW

    • COMPANY SNAPSHOT

    • PRODUCT BENCHMARKING

    • STRATEGIC INITIATIVES

      1. JSP,

      2. KANEKA,

      3. BASF,

      4. HANWHA, AND

      5. OTHERS.





SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.

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