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Global Polypropylene Foams Market Demand & Forecast Analysis, 2016-2032

Polypropylene Foam Market 

The global Polypropylene foam market size is poised to grow at a CAGR of 6% to cross USD 1.1 billion during 2023-2032. Polypropylene (PP) is a thermoplastic polymer widely known for its chemical resistance, durability, and low density. When PP is transformed into a foam, it preserves these core characteristics while acquiring additional advantageous properties. PP foam could be recycled and reused due to its non-toxic and eco-friendly nature. Recycled PP foam is used as an insulating material to reduce cooling and heating costs in homes and refrigerators, and its demand is increasing due to stricter environmental regulations.

Polypropylene Foam Market, By Type

The global Polypropylene market is segmented into Expanded Polypropylene (EPP) Foams and Extruded Polypropylene (XPP) Foams. EPP foam offers other crucial properties such as high plasticity, thermal insulation, water and chemical resistance, durability, recyclability, and light weight for its application in packaging, consumer products, food & beverages etc. High density grade PP foam is used in automotive applications, whereas low density grade and medium density grade PP foam is used in packaging applications and consumer products respectively.   

Global Polypropylene Foam Market, By Type 2016-2032 (Kilo Tons)

Global Polypropylene Foam Market, By Type 2016-2032 (Kilo Tons)
Source: Secondary & Primary Research and Prismane Consulting estimates

Polypropylene Foam Market, By Application

The PP foams market is segmented by applications into packaging, automotive, consumer products and others. Automotive and packaging segment collectively account for the largest share of global PP foams demand. The need of lightweight vehicles is driving the demand of PP foams in automotive industry. Expanded PP foam is used in automotive industry owing to its impact resistance and energy absorption properties in making parts such as bumpers, headrests, car seats, door pads, sun visors, door panels etc.

Global Polypropylene Foam Market, By Applications 2016-2032 (Kilo Tons)

Source: Secondary & Primary Research and Prismane Consulting estimates

Polypropylene Foam Market, By Region
Asia-Pacific dominates the PP foams market primarily driven by robust automotive sector. Original equipment manufacturers (OEM) are increasing fuel efficiency and reducing carbon emission through the adoption of Expanded PP foam in the production of automotive components. The increasing interest in electric vehicles, supported by government incentives and the drive for environmental sustainability, will drive the PP foams market in the coming years. PP foams improve the energy absorption and thermal insulation capabilities of electric vehicles and makes them lightweight.

Polypropylene Foam Key Players

Key players in the PP foam market are BASF, Borealis, Hanwha Advance Materials, Kaneka Corporation, Knauf Industries and Sekisui Chemicals.

Recent Developments in Polypropylene Foam Market

Sulzer Chemtech along with Borealis developed a cost-effective process of production of expanded polypropylene beads in 2021 with Borealis providing the raw materials. The process will reduce manufacturing cost by up to 60%.

In 2022, Sekisui Voltek announced to invest around $39 million to expand its manufacturing facility in Coldwater, MI, for cross-linked PE and PP foams. The new manufacturing facility  will be built in adjacent to Sekisui Voltek’s current facility with completion by 2024. Upon completion, the new plant will increase Sekisui Voltek’s production capacity by about 20%.

Scope of Report 
The Polypropylene Foams report describes the global  Polypropylene Foams  market, with focus on the country, applications and other end-use scenarios. The study provides

Market Data & Forecast (Short-term and Long-term)
•  Demand Analysis
•  Demand Composition, by Type and   Application
•  Sales & Revenue
•  Pricing Analysis
•  Market Dynamics

Country Summaries & Product Review
•  Demand Balance 
•   Polypropylene Foams  Market data in terms of volume and value for each end-use 
   at regional and country level
•   Polypropylene Foams  Market analysis for demand, at regional and country level
•  Historical, Current & Market Forecast
•  Macro-economic factors like GDP, Population and World Economic integration
•  Economic & Energy Outlook
•  Industry & Policy Developments 
•  End-use Industry / Applications Market 
•  Reasoning & Analysis
•  Insightful Commentary
•  Market Review
•  Comparative Analysis
•  Latest Trends and market developments
•  Key players
•  Strategic Issues and Recommendations
•  Business Opportunity Assessment

1.  Introduction
      •  Scope
      •  Market Coverage
          -  Types
          -  Applications
          -  Regions
          -  Countries
      •  Years Considered
          -  Historical - 2016 – 2021
          -  Base - 2022
          -  Forecast Period - 2023 – 2032
      •  Research Methodology
          -  Approach
          -  Research Methodology
          -  Prismane Consulting Market Models
          -  Assumptions & Limitations
          -  Abbreviations & Definitions
          -  Conversion Factors
          -  Data Sources
2.  Market Synopsis 
      •  Market Evolution
      •  Demand Overview
      •  Industry Structure
      •  Strategic Issues
      •  End-use Trends
      •  Growth Forecast
3.  Economic & Energy Outlook
      •  GDP and Demographics
      •  Monetary & Fiscal Policies
      •  Crude Oil Production and prices
      •  Natural Gas
      •  Electricity Prices
4.  End-use Sector Performance      
      • Automotive
      • Consumer Goods
      • Building & Construction
      • Medical
      • Others 
5.  Introduction to Polypropylene Foam and Market Overview 
      •  Product Description
      •  Grades & Properties
      •  Raw Material
      •  Manufacturing Process
      •  Environmental Issues
      •  Value Chain
      •  Applications
6.  Market Dynamics and Industry Trends 
      •  Market Dynamics and COVID-19 Impact
          -  Drivers
          -  Restraints
          -  Opportunities
          -  Challenges
7.  Global Polypropylene Foam Demand Analysis, By Types, By Applications (Volume, Value) (2016–2032) 
      •  Strategic Issues and COVID-19 Impact
      •  Demand Analysis and Forecast (2016 – 2032)
          -  Demand
          -  Demand Growth Rate (%)
          -  Driving Force Analysis
      •  Global Polypropylene Foam Market, By Types
               - Expanded Polypropylene (EPP) Foams 
               - Extruded Polypropylene (XPP) Foams
      •  Global Polypropylene Foam Market, By Applications
               - Packaging
               - Automotive
               - Consumer Products
               - Others
8.  Demand Analysis and Market Review, By Region, By Country (Volume, Value), (2016– 2032)
      •  Strategic Issues and COVID-19 Impact
      •  Demand Analysis and Forecast (2016-2032)
      •  Demand Growth Rate (%)
      •  Polypropylene Foam Market, By Types
      •  Polypropylene Foam Market, By Applications
Note: Demand Analysis has been provided for all major Regions / Countries as mentioned below. The demand(consumption) split by types and applications has been provided for each of the countries/regions in Volume (Kilotons) and Value (USD Million).
      •  North America
         -  USA
         -  Canada
         -  Mexico
      •  Western Europe
         -  Germany
         -  France
         -  Italy
         -  United Kingdom
         -  Spain
         -  Rest of Western Europe
      •  Central & Eastern Europe
         -  Russia
         -  Poland
         -  Rest of Central & Eastern Europe
      •  Asia-Pacific
         -  China
         -  Japan
         -  India
         -  South Korea
         -  Rest of Asia-Pacific
      •  Central & South America
      •  Middle East & Africa
Note: CAGR will be calculated for all the types and applications to arrive at the regional/global demand growth for the forecast period (2023 – 2032)
9.  Pricing Analysis
10.  Key Strategic Issues and Business Opportunity Assessment 
      •  Market Attractiveness Assessment
      •  Prospective & Target Market Study
11.  Strategic Recommendation & Suggestions
12.  Company Analysis and Market Share Analysis
      • Polypropylene Foam Manufacturers Profiles/ Company Analysis
         -  Basic Details
         -  Headquarter, Key Markets
         -  Ownership
         -  Company Financial
         -  Manufacturing Bases
         -  Global Turnover
         -  Total Employee
         -  Product Portfolio / Services / Solutions
         -  Key Business Strategies adopted and Prismane Consulting Overview
         -  Recent Developments
         -  Companies Covered
             - BASF
             - Hanwha Corporation
             - Borealis AG
             - Kaneka Corporation
             - Sekisui Chemical
             - Other Manufacturers
Note: This section includes company information, company financials, manufacturing bases, and operating regions. Company financials have been mentioned only for those companies where financials were available in SEC Filings, annual reports, or company websites. All the reported financials in this report are in U.S. Dollars. Financials reported in other currencies have been converted using average currency conversion rates. Company profiles may include manufacturers, suppliers, and distributors.
13.  Appendices
      •  Demand- Regions
      •  Demand– Countries

Scope of Report 
The Polypropylene Foams report describes the global  Polypropylene Foams  market, with focus on the country, applications and other end-use scenarios. The study provides

Market Data & Forecast (Short-term and Long-term)
•  Demand Analysis
•  Demand Composition, by Type and   Application
•  Sales & Revenue
•  Pricing Analysis
•  Market Dynamics

Country Summaries & Product Review
•  Demand Balance 
•   Polypropylene Foams  Market data in terms of volume and value for each end-use 
   at regional and country level
•   Polypropylene Foams  Market analysis for demand, at regional and country level
•  Historical, Current & Market Forecast
•  Macro-economic factors like GDP, Population and World Economic integration
•  Economic & Energy Outlook
•  Industry & Policy Developments 
•  End-use Industry / Applications Market 
•  Reasoning & Analysis
•  Insightful Commentary
•  Market Review
•  Comparative Analysis
•  Latest Trends and market developments
•  Key players
•  Strategic Issues and Recommendations
•  Business Opportunity Assessment