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Polypropylene Foams Market: Global Forecast until 2021

  • January 2017
  • 180 pages
  • ID: 5038691
In this report:
In 2015, the automotive industry growth in BRICS countries is ##.##%-##.##% due to which the consumption of XPP foams across the BRIC countries is expected to grow in the next five years.
The consumption of PP foams in the country was ##.## kilotons in 2015 and is expected to reach ##.## kilotons by 2021, at a CAGR of ##.##% between 2016 and 2021.

Summary

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"Polypropylene foams market to register a CAGR (Compound annual growth rate) of ~5.8 percent from 2016 to 2021"

The polypropylene foams market is estimated to grow ~$1.3B by 2021, at a compound annual growth rate of ~5.8 percent from 2016 to 2021. The optimum performance of polypropylene foam which is light in weight and durable, reusable and recyclable, has a increasing demand in emerging regions, and is eco-friendly and sustainable, is predicted to push the polypropylene foams market during the upcoming five years. The main restraining factors in the polypropylene foams market are the high price of polypropylene foams, and the lower awareness about the product.

"Expanded polypropylene foams is the main type driving the polypropylene foams market"

Expanded polypropylene foams have good low temperature performance and good chemical resistance. These types of foams are available in several grades, including, low density, high density, and porous PP. The demand for EPP foams is largely backed by advancements in the automobile, packaging, HVAC, and consumer products markets.

"Increasing demand in Asia-Pac is the main driver of the polypropylene foams market"

The Asia Pacific (APAC) area is the quickest-increasing segment of the polypropylene foams market. The growth in middle-class population, increasing disposable incomes, and demand from end-use sectors are forecast to steer the sector in the territory.

Breakup of primary interviews:

• By Company category - Tier 1 - 20.0 percent, Tier 2 - 35.0 percent, and Others - 45.0 percent

• By Description - C-suite - 36.0 percent, D-suite - 18.0 percent, and Others - 46.0 percent

• By Area - Europe (EU) - 38.0 percent, Asia Pacific (APAC) - 30.0 percent, North America continent - 18.0 percent, South America region - 10.0 percent, Middle East (ME) & African continent - 5.0 percent

The main companies decribed in this industry report are, BASF SE, Borealis AG, DS Smith Plc, Furukawa Electric Co., Limited, JSP, Kaneka Corporation, K. K. Nag Ltd., Mitsui Chemicals, Incorporated, Pregis Corporation, Sekisui Alveo AG, Sonoco Products Company, SSW PearlFoam GmbH, Synbra Holding bv, Hanwha Corporation, and The Woodbridge Group.

Segment Research

The polypropylene foams market report includes two various segmentations which include, market by category, and by application (automotive, packaging, consumer products, and others) and market by five distinct regions together with the countries in the respective regions. The application segment is further analyzed by each country for the respective area.

Why acquiring this study can help you

From an insight prospect, this market research has emphasized several levels of analyses - industry, market share research of top players, value chain study, and company descriptions, which together comprise and examine the basic overviews on the competitive landscape; coming out and high-growth segments of the polypropylene foams market; high-growth areas; and sector drivers, market restraints, and alternatives.

This study furnishes highlights on the following points:

- Business entry: Exhaustive information on polypropylene foams provided by the top actors in the overall polypropylene foams market

- Product improvement/Innovative products: In-depth understanding on up-on-coming technologies, analysis & growth activities, and recent product launches in the polypropylene foams market

- Industry development: Highlighted information about profitable emerging sectors - the market research examines the industries for polypropylene foams across localities

- Industry diversification: Complete information about recent products, untapped areas, recent evolutions, and market investments in the overall polypropylene foams market

- Opposing assessment: Detailed assessment of market shares, strategies, products, and manufacturing competences of the key players in the overall polypropylene foams market

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