Polypropylene Foams Market 2018 Global Analysis by Key Players Woodbridge Foam, Synbra Holding BV, ZOBLOK, Sekisui Alveo AG, Pregis, DS Smith, Sonoco, The Furukawa Electric Co., Ltd., Borealis AG, Mitsui Chemicals, Hanwha Group, Kaneka Corporation

Market Definition: Global Polypropylene Foams Market

Polypropylene is a thermoplastic polymer which can be readily formed by catalytic polymerization of propylene. Polypropylene foams are used for the packaging purpose and is durable and light weight. There is a growing demand for polypropylene foams in automotive, packaging and consumer products activates, which is expected to be one of the major drivers of the market over the next seven years.

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Market Segmentation: Global Polypropylene Foams Market

• The polypropylene foams market is segmented on the basis of type into EPP and XPP.

• On the basis of application, the market is segmented into automotive, packaging, consumer products and others.

• On the basis of geography, the polypropylene foams market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.

Major market drivers:

• Better performance compared to the other foams
• Sustainable and eco-friendly
• Ideal performance, durability and light weight of polypropylene

Market restraint:

• High price of polypropylene foams
• Low awareness about polypropylene foams

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Competitive Landscape: Global Polypropylene Foams Market

The global polypropylene foams market is fragmented with the presence of a large number of players across different regions. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

Market Analysis: Global Polypropylene Foams Market

The global polypropylene foams market accounted for USD 960.3 million in 2016 and is projected to grow at a CAGR of 5.6% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

Major Market Competitors: Global Polypropylene Foams Market

JSP,
BASF SE,
Kaneka Corporation,
Hanwha Corporation,
Mitsui Chemicals, Inc.,
Borealis AG,
Furukawa Electric Co., Ltd.,
Sonoco Products Company,
DS Smith,
K. K. NAG Ltd.,
Pregis Corporation,
Sekisui Alveo AG,
ZOBLOK,
Synbra Holding BV,
Woodbridge Foam Corporation,
Armacell Enterprise GmbH & Co. KG,
NMC Group,
Alpha Foam Ltd.,
CLARK FOAM PRODUCTS,
Mammoth Products, Inc.,
Miles Products,
American Excelsior, Inc.,
Johnsonplastic,
Williams Foam,
Quality Foam Packaging, Inc.,
Many more

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