EPP Foam Market Top Business Strategy, Growth Factors, Healthy CAGR with Segments & Forecast - 2028

The Expanded Polypropylene (EPP) Foam market is witnessing strong growth, driven by demand from automotive, packaging, and consumer goods sectors. Its lightweight, durable, and recyclable properties make it a preferred choice. Asia-Pacific dominates the market, while sustainability trends fuel innovation in bio-based EPP foam.
The global EPP foam market is projected to grow from USD 1.4 billion in 2023 to USD 1.8 billion by 2028, at a CAGR of 5.7% during the forecast period. The report provides a professional in-depth examination of the Market's current scenario, CAGR, EPP foam market size [https://www.marketsandmarkets.com/Market-Reports/expanded-polypropylene-epp-foam-market-231655573.html?utm_source=abnewswire.com&utm_medium=referral&utm_campaign=expandedpolypropyleneeppfoam], market share, gross margin, revenue, price, production growth rate, volume, value, and growth are among the market data assessed and re-validation in the research.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=231655573 [https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=231655573&utm_source=abnewswire.com&utm_medium=referral&utm_campaign=expandedpolypropyleneeppfoam]

EPP foam is known for being exceptionally lightweight and providing excellent durability and impact resistance. This makes it a popular option in industries such as automotive and aerospace, where light and sturdy materials are required. The demand for protective packaging materials has increased due to the expansion of e-commerce. EPP foam is a desirable option for packaging delicate and fragile objects due to its cushioning and shock-absorbing properties.

By type, the porous PP segment is estimated to be the fastest-growing EPP foam segment from 2023 to 2028.

The porous PP, by type segment of the EPP foam market, is projected to be the fastest-growing segment from 2023 to 2028. Due to its distinctive porous structure, porous PP is a versatile material with many applications. Porous PP can be used as an acoustic insulation material to reduce noise and vibrations within the car. It is frequently utilized in door panels, headliners, and other interior components to improve the driving experience by reducing noise from the engine, the road, and outside sources.

By application, the automotive segment is estimated to be the fastest-growing segment of the EPP foam market from 2023 to 2028.

The EPP foam market's automotive, by application segment, is projected to be the fastest-growing segment from 2023 to 2028. EPP foam is ideal for safety components like bumpers, headrests, and side-impact protection features due to its outstanding impact-absorbing qualities. Absorbing and dissipating energy during crashes improves vehicle safety by lowering the possibility of injury to occupants. Reusable dunnage solutions for organizing and safeguarding parts during assembly and transit inside industrial facilities can be made using EPP foam with various customization options. This lowers the price and waste of packaging.

Get a Sample Copy of This Report: https://www.marketsandmarkets.com/requestsampleNew.asp?id=231655573 [https://www.marketsandmarkets.com/requestsampleNew.asp?id=231655573&utm_source=abnewswire.com&utm_medium=referral&utm_campaign=expandedpolypropyleneeppfoam]

Asia Pacificis estimated to be the fastest-growing region in the EPP foam market during the forecast period.

Asia Pacific is projected to be the fastest-growing EPP foam market during the forecast period. Due to several factors, the demand for EPP foam is growing in the Asia Pacific region, and this trend is anticipated to continue in the upcoming years. Manufacturing and consumption of consumer electronics are heavily concentrated in Asia Pacific. Delicate electronics parts are packaged in EPP foam to protect them during shipping and handling. Both the demand for EPP foam and the consumer electronics sector are expanding.

EPP Foam Companies [https://www.marketsandmarkets.com/ResearchInsight/expanded-polypropylene-epp-foam-market.asp?utm_source=abnewswire.com&utm_medium=referral&utm_campaign=expandedpolypropyleneeppfoam]

Companies such as BASF SE (Germany), JSP Corporation (Japan), Hanwha Advanced Materials (South Korea), BEWI (Norway), and Sonoco Products Company (US) fall under the winners' category. These are leading players in the EPP foam market globally. These players have adopted the strategies of expansions, investment, new product launches, collaboration, agreements, mergers, and acquisitions to fulfill the rising demand for EPP foam on the regional and global levels.

BEWI

BEWI is a leading European provider of sustainable packaging and insulation solutions, including products made from EPP foam. The EPP foam products from BEWI are made to be used in a variety of industries, including construction, packaging, automotive, and more. BEWI is a leader in developing products constructed of premium EPP foam that provide outstanding insulation, shock absorption, and durability. In May 2022, BEWI acquired Jablite Group, a leading UK insulation and packaging company.

Inquire Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=231655573 [https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=231655573&utm_source=abnewswire.com&utm_medium=referral&utm_campaign=expandedpolypropyleneeppfoam]

JSP Corporation

JSP Corporation is a renowned leader in providing exceptional EPP foam solutions. The remarkable energy absorption and impact resistance of JSP's EPP foam is widely recognized. This makes it an ideal material for automobile bumpers, headrests, and interior padding, all of which improve passenger safety. In January 2022, JSP International Sarl acquired a substantial 35% ownership stake in GHEPI. This acquisition aims to establish a Center of Excellence dedicated to plastics injection molding and EPP development techniques.

Kaneka Corporation

Kaneka Corporation is well renowned for its cutting-edge EPP foam products. The outstanding thermal insulation properties of Kaneka's EPP foam make it a viable material for temperature-sensitive packaging applications. Because of its insulating characteristics, products are protected from temperature changes while transported, maintaining their integrity and quality. In March 2022, Kaneka developed a new grade of the EPERAN series. It contains 25% of the recycled content from end-of-life EPP parts.

About MarketsandMarkets Trademark

MarketsandMarkets Trademark has been recognized as one of America's best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets Trademark is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore Trademark (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

Media Contact
Company Name: MarketsandMarkets Trademark Research Private Ltd.
Contact Person: Mr. Rohan Salgarkar
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=epp-foam-market-top-business-strategy-growth-factors-healthy-cagr-with-segments-forecast-2028]
Phone: 18886006441
Address:1615 South Congress Ave. Suite 103, Delray Beach, FL 33445
City: Florida
State: Florida
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/expanded-polypropylene-epp-foam-market-231655573.html

Legal Disclaimer: Information contained on this page is provided by an independent third-party content provider. ABNewswire makes no warranties or responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you are affiliated with this article or have any complaints or copyright issues related to this article and would like it to be removed, please contact retract@swscontact.com



This release was published on openPR.