Increased Demand from Automotive Industry Drives Expanded Polypropylene Foam Market

Expanded polypropylene or EPP foam refers to extremely versatile closed-cell bead foam providing an exceptional range of characteristics such as buoyancy, absolute recyclability, outstanding absorption of energy, thermal insulation, chemical and water resistance, and multiple impact resistance. Such a wide range of properties makes it suitable for use in several applications, which is likely to support growth of the global expanded polypropylene foam market in years to come.

Expanded polypropylene foam is extensively used by automotives manufacturers, thanks to their high performing capabilities due to their recyclability, durability, lightweight, management of energy, and improved functionality. Applications in the automotive sector comprise parcel shelves, stowage systems, bumpers, myriad filler parts, seating, pillars, tool kits, door panels, head rests, and sun visors. Such multiple uses is likely to foster growth of the global expanded polypropylene foam market. In addition, expanded polypropylene is also utilized for use in the food and beverage industry. Structural strength and thermal insulation characteristics renders its ideal for use in containers such as in beverage coolers, food delivery containers. In addition, expanded polypropylene does not encourage growth of the microbes and can be sterilized through steam cleaning.

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The global expanded polypropylene foam market is forecasted are
expected to rise at a robust growth rate over the projection period, from 2019
to 2029. High demand from the automotive industry is expected to bolster demand
for expanded polypropylene foam in near future.

Superior Properties Shoot Up its Demand in Several Applications

The augmented penetration of expanded polypropylene foam in various
end-use industries such as furniture, consumer goods, and packaging is likely
to leave important impact on the overall market over the years of forecast.
High investment in various activities of manufacturing across several countries
has led to augmented consumer goods and automobile production. This factor is
likely to encourage growth of the global expanded polypropylene foam market in
years to come.

The widening scope of applications of this product is owing to its superior qualities like chemical and water resistance, high durability and many others. The characteristics of chemical and water resistance make it ideal for use in packaging industries, particularly in food and beverage industry, consumer goods. This is likely to shoot up the demand for expanded polypropylene foam over the years of assessment.

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In addition, hassle-free availability of propylene, an important raw
material in the making of the foam, has furthered reinforced the supply of raw
materials in the market, thereby facilitating easy production of expanded
polypropylene foam. However, fluctuations in price are expected to restrict
growth of the global expanded polypropylene foam market in years to come.

Driven by China, Asia Pacific to Exert Dominance over the Market

The Asia-Pacific region is likely to exert dominance over the global
expanded polypropylene foam market. Driven by China, the market in Asia Pacific
is expected to present rapid growth. China is the one of the leading producer
and consumer of this type of foam in the Asia Pacific region. Surge in the
manufacturing activities together with rise in the consumption of plastics is
expected to created growth opportunities for the expanded polypropylene foam
market in the years to come.

In addition, China is one of the leading auto component and automotive manufacturing bases in the world. The Chinese government regards automotive industry to be one of the most important factor for the growth of the Chinese economy. In addition, China is also a leading producer of packaging solutions in the world. These factors are likely to support expansion of the global expanded polypropylene foam market over the years of assessment.

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