Global XPP Foam Market 2018 Analysis By Top Companies like Borealis, Mitsui Chemicals Group, BASF, JSP, Sekisui Voltek, LLC, Pregis, Sonoco, DS Smith, NMC, ZOTEFOAMS, Toray Industries, Inc., Braskem, Sumitomo Chemical, Sohner Plastics LLC

If your Company involved in the XPP Foam industry or intend to be, then this study will provide you comprehensive outlook Future Industry by Analysts and know what to expect from this along with analysis By Industry Expert’s. It’s vital you keep your market knowledge up to date segmented by In-Depth Insight of Sales Analysis, Growth Forecast and Upcoming Trends Opportunities by Applications Manufacturing, Product Types By major Manufacturers. If you have a different set of players/manufacturers according to geography or needs regional or country segmented reports we can provide customization according to your requirement globally With Expanding Future Business Scope.

Global XPP Foam Market, By Type (Low Density and High Density), End Use Industry (Automotive, Packaging and Building & Construction) and Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends and Forecast to 2025

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The Global XPP Foam Market is expected to reach USD 1152.78 million by 2025, from USD 696.55 million in 2017 growing at a CAGR of 6.5% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

Market Definition:

Extruded Polypropylene or XPP Foams are used to provide protection layer or shock absorbent. It is a layer of foaming designed to take stress and tension thus reducing the impact on the main component. Rising packaging industry and increasing trends in lightweight packaging is set to boost the growth for this market. Automotive XPP foams find their usage in barriers, bumpers, side door panels, visors etc. With increasing share of organic and inorganic materials and due to high resistivity offered by the XPPs, the market is to witness huge growth during the forecast period.

In 2017, Borealis AG announced to expand its operational presence by setting up a new facility at North Carolina. The production from the new facility is estimated to be around 30 kilo tonnes, with a view that there is an increase in the demands from the automobile industry.

Competitive Analysis:

The global XPP foam market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of XPP foam market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

In Feb 2018 Toray Industries, Inc. started operating in India at Andhra Pradesh by the name of Toray Industries (India) Pvt. Ltd., to set up a new base for polypropylene. The expected production from the new facility is estimated to be around 18000 tonnes. The expansion has been done by Toray Industries with a view that there is an increasing demand from industries.

Market Drivers:

• Increasing demand from automotive industry.

• Diversity in application of XPP foams in end use industries.

• Superior properties offered by XPP foams as compared to other materials.

Market Restraints:

• Volatility in the prices of raw materials.

• Lack of awareness regarding XPP foams amongst users.

Key Market Competitors:

The key players operating in the global XPP foam market are –

• Borealis AG,
• Mitsui Chemicals, Inc.,
• BASF SE,
• JSP,
• Sekisui Voltek, LLC,
• Pregis LLC.,
• Sonoco Products Company,
• DS Smith,
• NMC sa,
• Zotefoams plc,
• TORAY INDUSTRIES INC.,
• Braskem,
• Sumitomo Chemical Co.Ltd.,
• sohnerplastics,
• FURUKAWA ELECTRIC CO., LTD.,
• PROMIX Solutions AG,
• GCR Group and Husker Siding & Insulation,
• among others.

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Segmentation:

By Type

• Low-density
• High-density

By End Use Industry

• Automotive
• Packaging
• Building & Construction

By Geography

• North America

o U.S.
o Canada
o Mexico

• Europe

o Germany
o France
o United Kingdom
o Italy
o Spain
o Russia
o Turkey
o Belgium
o Netherlands
o Switzerland
o Rest of Europe

• Asia-Pacific

o Japan
o China
o South Korea
o India
o Australia
o Singapore
o Thailand
o Malaysia
o Indonesia
o Philippines
o Rest of Asia Pacific

• South America

o Brazil
o Argentina
o Rest of South America

• Middle East & Africa

o South Africa
o Egypt
o Saudi Arabia
o United Arab Emirates
o Israel
o Rest of Middle East and Africa

Key Insights in the report:

• Historical and current market size and projection up to 2025

• Market trends impacting the growth of the global XPP foam market.

• Analyse and forecast XPP foam market on the basis of type and end use industry.

• Trends of key regional and country-level markets for type and end use industry.

• Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis.

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