The extruded polypropylene (XPP) foam market has the potential to grow by USD 284.74 million during 2021-2025, and the market’s growth momentum will decelerate at a CAGR of 6.40%.
This extruded polypropylene (XPP) foam market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by application (transport, packaging, building and construction, and others) and geography (APAC, Europe, North America, MEA, and South America). The extruded polypropylene (XPP) foam market report also offers information on several market vendors, including BASF SE, Borealis AG, Braskem SA, DS Smith Plc, JSP Corp., Mitsui Chemicals Inc., NMC International SA, Sonoco Products Co., Sumitomo Chemical Co. Ltd., and Toray Industries Inc. among others.
What will the Extruded Polypropylene (XPP) Foam Market Size be in 2021?
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Extruded Polypropylene (XPP) Foam Market: Key Drivers and Trends
Based on our research output, there has been a neutral impact on the market growth during and post COVID-19 era. The increasing use of XPP in automobiles for weight reduction is notably driving the extruded polypropylene (XPP) foam market growth, although factors such as price fluctuation of PP is a major concern for manufacturers that may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the extruded polypropylene (XPP) foam market industry get your FREE report sample now.
This extruded polypropylene (XPP) foam market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.
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Extruded Polypropylene (XPP) Foam Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum & CAGR |
Decelerate at a CAGR of 6.40% |
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Market growth 2021-2025 |
$ 284.74 million |
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Market structure |
Fragmented |
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YoY growth (%) |
8.97 |
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Regional analysis |
APAC, Europe, North America, MEA, and South America |
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Performing market contribution |
APAC at 58% |
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Key consumer countries |
China, US, Germany, Japan, and UK |
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Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
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Companies profiled |
BASF SE, Borealis AG, Braskem SA, DS Smith Plc, JSP Corp., Mitsui Chemicals Inc., NMC International SA, Sonoco Products Co., Sumitomo Chemical Co. Ltd., and Toray Industries Inc. |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Who are the Major Extruded Polypropylene (XPP) Foam Market Vendors?
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
- BASF SE
- Borealis AG
- Braskem SA
- DS Smith Plc
- JSP Corp.
- Mitsui Chemicals Inc.
- NMC International SA
- Sonoco Products Co.
- Sumitomo Chemical Co. Ltd.
- Toray Industries Inc.
The extruded polypropylene (XPP) foam market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Download a free sample of the extruded polypropylene (XPP) foam market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Which are the Key Regions for Extruded Polypropylene (XPP) Foam Market?
For more insights on the market share of various regions Request for a FREE sample now!
58% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for extruded polypropylene (XPP) foam market in APAC. Market growth in this region will be faster than the growth of the market in other regions.
The rise in employment rates, an increase in the middle-class population, and high disposable income foster the growth of the end-user industries, thereby increasing the consumption of XPP foam. This will facilitate the extruded polypropylene (XPP) foam market growth in APAC over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.
What are the Revenue-generating Application Segments in the Extruded Polypropylene (XPP) Foam Market?
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The extruded polypropylene (XPP) foam market share growth by the transport segment will be significant during the forecast period. Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the extruded polypropylene (XPP) foam market size.
What are the Key Factors Covered in this Extruded Polypropylene (XPP) Foam Market Report?
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will drive extruded polypropylene (XPP) foam market growth during the next five years
- Precise estimation of the extruded polypropylene (XPP) foam market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the extruded polypropylene (XPP) foam market industry across APAC, Europe, North America, MEA, and South America
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of extruded polypropylene (XPP) foam market vendors
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