Expanded Polypropylene (EPP) Foam Market Growth Prospects, Trends and Forecast Up to 2029

The Expanded Polypropylene (EPP) Foam Market is expected to witness market growth at a rate of 8.35% in the forecast period of 2022 to 2029.

Industry Analysis

Data Bridge Market Research report on expanded polypropylene (EPP) foam market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market's growth. The rise in the need from automotive and packaging industries is escalating the growth of expanded polypropylene (EPP) foam market. Expanded polypropylene (EPP) foam is created from polypropylene. It is broadly utilized in various applications including dunnage, furniture, automotive, food packaging, HVAC, sports and leisure, and other applications.

Major factors that are expected to boost the growth of the expanded polypropylene (EPP) foam market in the forecast period are the reusable & recyclable features of EPP foam. Furthermore, the rise in the penetration of the product in end-use industries such as packaging, consumer goods, and furniture is further anticipated to propel the growth of the expanded polypropylene (EPP) foam market. Moreover, the optimal performance and low weight of EPP foam is further estimated to cushion the growth of the expanded polypropylene (EPP) foam market. On the other hand, the increased price of EPP foam over other forms of foam is further projected to impede the growth of the expanded polypropylene (EPP) foam market in the timeline period. In addition, the rising need for bio-based polypropylene foam and alternative for EPS and EPE products by EPP will further provide potential opportunities for the growth of the expanded polypropylene (EPP) foam market in the coming years. However, the lack of knowledge regarding EPP foam might further challenge the growth of the expanded polypropylene (EPP) foam market in the near future.

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