Global Extruded Polypropylene (XPP) Foam Market is projected to reach 1.48 Billion by 2027, at a CAGR of over 6% during 2023-2027. The rising packaging industry and growing demand for lightweight packaging and high melt strength properties is expected to further boost market demand. The demand for XPP foam is anticipated to grow rapidly owing to increasing demand from automobile manufacturing industries that are adopting new technologies aimed at weight reduction of automobiles.
Based on type, the market has been segmented into Low-Density XPP Foam (40-200 Kg/M3) and High-Density XPP Foam (200-600 Kg/M3). In 2021, the Low-Density XPP Foam dominated the market and is anticipated to dominate the market over the next five years as well owing to increasing demand from automotive, protective packaging, and insulation applications. Based on the end-use industry, the market has been segmented into Automotive, Packaging, Building & Construction, and Others.
In 2021, the automotive segment dominated the XPP Foam market owing to the growing automotive industry and the growing use of XPP Foam in bumpers, floor acoustic barriers, sun visors, side door panels, etc. in automobiles. The key players in the market are Mitsui Chemicals, Borealis, NMC SA, Pregis, Sonoco, and Sohner Plastics, among others.
Some of the leading players in the Global Extruded Polypropylene (XPP) Foam Market
- Mitsui Chemicals
- Borealis
- NMC SA
- Pregis
- Sonoco
- Sohner Plastics
- Furukawa Electric
- Sumitomo Chemical
- JSP Corporation etc.
The objective of the Study:
- To analyse and forecast the market size of Extruded Polypropylene (XPP) Foam Market, in terms of value and volume.
- To classify and forecast the Global Extruded Polypropylene (XPP) Foam Market based on type, application, and regional distribution.
- To identify drivers and challenges for the Global Extruded Polypropylene (XPP) Foam Market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Global Extruded Polypropylene (XPP) Foam Market.
- To conduct the pricing analysis for Extruded Polypropylene (XPP) Foam Market.
- To identify and analyze the profile of leading players involved in the manufacturing of the Global Extruded Polypropylene (XPP) Foam Market.
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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the suppliers that could not be identified due to the limitations of secondary research. TechSci Research analyzed the service offerings, distribution channels, and presence of all major collaboration manufacturers across the globe.
TechSci Research calculated the market size of the Global Extruded Polypropylene (XPP) Foam Market using a bottom-up approach, where data for various end-user industries and its application across various product types were recorded and forecasted for the future years. TechSci Research sourced these values from industry experts and company representatives and externally validated them through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations, and financial reports were also used by TechSci Research.
Key Target Audience:
- Manufacturers of Extruded Polypropylene (XPP) Foam
- Suppliers and Distributors
- Raw Material Suppliers
- Industry associations and experts
- Research organizations and consulting companies.
- Research Institutes
- Industry associations
- Market research and consulting firm.
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration manufacturers and partners, end users, etc., besides allowing them to strategize investments and capitalize on market opportunities.
| Attribute | Details | |
| Base Year | 2021 | |
| Historical Data | 2017 – 2020 | |
| Estimated Year | 2022 | |
| Forecast Period | 2023 – 2027 | |
| Quantitative Units | Revenue in USD Million, Volume in Units and CAGR for 2017-2021 and 2022E-2027F | |
| Report coverage | Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends | |
| Segments covered |
|
|
| Regional scope | North America; Europe; Asia Pacific; South America; Middle East & Africa | |
| Country scope | United States, Mexico, Canada, China, India, Japan, South Korea, Australia; Singapore, Malaysia, Germany, France, United Kingdom, Spain, Italy, South Africa, UAE, Saudi Arabia, Qatar, Brazil, Argentina, Colombia | |
| Key companies profiled | Mitsui Chemicals, Borealis, NMC SA, Pregis, Sonoco, Sohner Plastics, Furukawa Electric, Sumitomo Chemical, JSP Corporation. | |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. | |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options | |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) | |
Report Scope:
In this report, Global Extruded Polypropylene (XPP) Foam Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Market, By Type:
- Low-Density XPP Foam (40-200 Kg/M3)
- High-Density XPP Foam (200-600 Kg/M3)
- Market, By End-Use Industry:
- Automotive
- Packaging
- Building & Construction
- Others
- Market, by Region:
- Asia Pacific
- China
- India
- Japan
- South Korea
- Australia
- Singapore
- Malaysia
- Europe & CIS
- France
- Germany
- United Kingdom
- Italy
- Spain
- North America
- United States
- Mexico
- Canada
- South America
- Brazil
- Argentina
- Colombia
- Middle East and Africa
- South Africa
- Saudi Arabia
- UAE
- Qatar
- Asia Pacific
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in Extruded Polypropylene (XPP) Foam Market.
Available Customizations:
With the given market data, TechSci Research offers customizations according the company’s specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
Profit Margin Analysis
- Profit margin analysis in case of direct and indirect sales channel.
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Table of Content-Extruded Polypropylene (XPP) Foam Market
- Product Overview
- Research Methodology
- Impact of COVID-19 on the Global Extruded Polypropylene (XPP) Foam Market
- Executive Summary
- Voice of Customer
5.1. Product Awareness
5.2. Factors Influencing Purchase Decision
5.3. Challenges/Issues Faced Post Purchase
- Global Extruded Polypropylene (XPP) Foam Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Type (Low-Density XPP Foam (40-200 Kg/M3) and High-Density XPP Foam (200-600 Kg/M3))
6.2.2. By Application (Automotive, Packaging, Building & Construction and Others)
6.2.3. By Region
6.3. Market Attractiveness Index
- Asia-Pacific Extruded Polypropylene (XPP) Foam Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Type
7.2.2. By Country
7.3. Market Attractiveness Index
7.4. Asia-Pacific: Country Analysis
7.4.1. China Extruded Polypropylene (XPP) Foam Market Outlook
7.4.1.1. Market Size & Forecast
7.4.1.1.1. By Value & Volume
7.4.1.2. Market Share & Forecast
7.4.1.2.1. By Type
7.4.1.3. Market Attractiveness Index
7.4.2. India Extruded Polypropylene (XPP) Foam Market Outlook
7.4.2.1. Market Size & Forecast
7.4.2.1.1. By Value & Volume
7.4.2.2. Market Share & Forecast
7.4.2.2.1. By Type
7.4.2.3. Market Attractiveness Index
7.4.3. Japan Extruded Polypropylene (XPP) Foam Market Outlook
7.4.3.1. Market Size & Forecast
7.4.3.1.1. By Value & Volume
7.4.3.2. Market Share & Forecast
7.4.3.2.1. By Type
7.4.3.3. Market Attractiveness Index
7.4.4. South Korea Extruded Polypropylene (XPP) Foam Market Outlook
7.4.4.1. Market Size & Forecast
7.4.4.1.1. By Value & Volume
7.4.4.2. Market Share & Forecast
7.4.4.2.1. By Type
7.4.4.3. Market Attractiveness Index
7.4.5. Australia Extruded Polypropylene (XPP) Foam Market Outlook
7.4.5.1. Market Size & Forecast
7.4.5.1.1. By Value & Volume
7.4.5.2. Market Share & Forecast
7.4.5.2.1. By Type
7.4.5.3. Market Attractiveness Index
7.4.6. Singapore Extruded Polypropylene (XPP) Foam Market Outlook
7.4.6.1. Market Size & Forecast
7.4.6.1.1. By Value & Volume
7.4.6.2. Market Share & Forecast
7.4.6.2.1. By Type
7.4.6.3. Market Attractiveness Index
7.4.7. Malaysia Extruded Polypropylene (XPP) Foam Market Outlook
7.4.7.1. Market Size & Forecast
7.4.7.1.1. By Value & Volume
7.4.7.2. Market Share & Forecast
7.4.7.2.1. By Type
7.4.7.3. Market Attractiveness Index
- Europe & CIS Extruded Polypropylene (XPP) Foam Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value & Volume
8.2. Market Share & Forecast
8.2.1. By Type
8.2.2. By Country
8.3. Market Attractiveness Index
8.4. Europe: Country Analysis
8.4.1. France Extruded Polypropylene (XPP) Foam Market Outlook
8.4.1.1. Market Size & Forecast
8.4.1.1.1. By Value & Volume
8.4.1.2. Market Share & Forecast
8.4.1.2.1. By Type
8.4.1.3. Market Attractiveness Index
8.4.2. Germany Extruded Polypropylene (XPP) Foam Market Outlook
8.4.2.1. Market Size & Forecast
8.4.2.1.1. By Value & Volume
8.4.2.2. Market Share & Forecast
8.4.2.2.1. By Type
8.4.2.3. Market Attractiveness Index
8.4.3. United Kingdom Extruded Polypropylene (XPP) Foam Market Outlook
8.4.3.1. Market Size & Forecast
8.4.3.1.1. By Value & Volume
8.4.3.2. Market Share & Forecast
8.4.3.2.1. By Type
8.4.3.3. Market Attractiveness Index
8.4.4. Italy Extruded Polypropylene (XPP) Foam Market Outlook
8.4.4.1. Market Size & Forecast
8.4.4.1.1. By Value & Volume
8.4.4.2. Market Share & Forecast
8.4.4.2.1. By Type
8.4.4.3. Market Attractiveness Index
8.4.5. Spain Extruded Polypropylene (XPP) Foam Market Outlook
8.4.5.1. Market Size & Forecast
8.4.5.1.1. By Value & Volume
8.4.5.2. Market Share & Forecast
8.4.5.2.1. By Type
8.4.5.3. Market Attractiveness Index
- North America Extruded Polypropylene (XPP) Foam Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value & Volume
9.2. Market Share & Forecast
9.2.1. By Type
9.2.2. By Country
9.3. Market Attractiveness Index
9.4. North America: Country Analysis
9.4.1. United States Extruded Polypropylene (XPP) Foam Market Outlook
9.4.1.1. Market Size & Forecast
9.4.1.1.1. By Value & Volume
9.4.1.2. Market Share & Forecast
9.4.1.2.1. By Type
9.4.1.3. Market Attractiveness Index
9.4.2. Mexico Extruded Polypropylene (XPP) Foam Market Outlook
9.4.2.1. Market Size & Forecast
9.4.2.1.1. By Value & Volume
9.4.2.2. Market Share & Forecast
9.4.2.2.1. By Type
9.4.2.3. Market Attractiveness Index
9.4.3. Canada Extruded Polypropylene (XPP) Foam Market Outlook
9.4.3.1. Market Size & Forecast
9.4.3.1.1. By Value & Volume
9.4.3.2. Market Share & Forecast
9.4.3.2.1. By Type
9.4.3.3. Market Attractiveness Index
- South America Extruded Polypropylene (XPP) Foam Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value & Volume
10.2. Market Share & Forecast
10.2.1. By Type
10.2.2. By Country
10.3. Market Attractiveness Index
10.3.1. Brazil Extruded Polypropylene (XPP) Foam Market Outlook
10.3.1.1. Market Size & Forecast
10.3.1.1.1. By Value & Volume
10.3.1.2. Market Share & Forecast
10.3.1.2.1. By Type
10.3.1.3. Market Attractiveness Index
10.3.2. Argentina Extruded Polypropylene (XPP) Foam Market Outlook
10.3.2.1. Market Size & Forecast
10.3.2.1.1. By Value & Volume
10.3.2.2. Market Share & Forecast
10.3.2.2.1. By Type
10.3.2.3. Market Attractiveness Index
10.3.3. Colombia Extruded Polypropylene (XPP) Foam Market Outlook
10.3.3.1. Market Size & Forecast
10.3.3.1.1. By Value & Volume
10.3.3.2. Market Share & Forecast
10.3.3.2.1. By Type
10.3.3.3. Market Attractiveness Index
- Middle East and Africa Extruded Polypropylene (XPP) Foam Market Outlook
11.1. Market Size & Forecast
11.1.1. By Value & Volume
11.2. Market Share & Forecast
11.2.1. By Type
11.2.2. By Country
11.3. Market Attractiveness Index
11.4. MEA: Country Analysis
11.4.1. South Africa Extruded Polypropylene (XPP) Foam Market Outlook
11.4.1.1. Market Size & Forecast
11.4.1.1.1. By Value & Volume
11.4.1.2. Market Share & Forecast
11.4.1.2.1. By Type
11.4.1.3. Market Attractiveness Index
11.4.2. Saudi Arabia Extruded Polypropylene (XPP) Foam Market Outlook
11.4.2.1. Market Size & Forecast
11.4.2.1.1. By Value & Volume
11.4.2.2. Market Share & Forecast
11.4.2.2.1. By Type
11.4.2.3. Market Attractiveness Index
11.4.3. UAE Extruded Polypropylene (XPP) Foam Market Outlook
11.4.3.1. Market Size & Forecast
11.4.3.1.1. By Value & Volume
11.4.3.2. Market Share & Forecast
11.4.3.2.1. By Type
11.4.3.3. Market Attractiveness Index
11.4.4. Qatar Extruded Polypropylene (XPP) Foam Market Outlook
11.4.4.1. Market Size & Forecast
11.4.4.1.1. By Value & Volume
11.4.4.2. Market Share & Forecast
11.4.4.2.1. By Type
11.4.4.3. Market Attractiveness Index
- Supply Chain Analysis
- Market Dynamics
13.1. Drivers
13.2. Challenges
- Market Trends & Developments
- Policy & Regulatory Landscape
- Competitive Landscape
16.1. Competition Outlook
16.2. Company Profiles (Top Leading Companies)
16.2.1. Mitsui Chemicals
16.2.2. Borealis
16.2.3. NMC SA
16.2.4. Pregis
16.2.5. Sonoco
16.2.6. Sohner Plastics,
16.2.7. Furukawa Electric
16.2.8. Sumitomo Chemical
16.2.9. JSP Corporation
- Strategic Recommendation