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    Extruded Polypropylene (XPP) Foam Market - Size, Share, Trend & Forecast Analysis | Covid-19 Impact Analysis

    Extruded Polypropylene (XPP) Foam Market - Size, Share, Trend & Forecast Analysis | Covid-19 Impact Analysis

    Extruded Polypropylene (XPP) Foam Market - Size, Share, Trend & Forecast Analysis | Covid-19 Impact Analysis
    Report code - SRAM275 Delivery - 2 Weeks
    Extruded Polypropylene (XPP) Foam Market Size, Share, Trend, Forecast, & Competitive A See more...
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    Impact of COVID-19 on Extruded Polypropylene Foam Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Extruded Polypropylene Foam Market

    Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues has gone down in 2020 and may resume an uptrend gradually form 2021. Companies optimizing their operation and statergy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Extruded Polypropylene (XPP) Foam Market Insights 

    Extruded Polypropylene (XPP) Foam Market is likely to witness an impressive CAGR of 8.2% during the forecast period. The mounting demand for XPP foam from the automotive end-use industry is expected to propel the growth of the global XPP foam market during the forecast period.

    Extruded Polypropylene (XPP) Foam Market - Snapshot

    Growth

    8.2% for the next five years

    Major Type

    Low-density type

    Dominant End-Use Industry Type

    Automotive

    Region with the highest demand

    Asia-Pacific

    Key Players

    BASF SE, Braskem, DS Smith, Furukawa Electric Co., Ltd., JSP Corporation, Mitsui Chemicals, NMC SA, Pregis, and Toray Industries, Inc.

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    Market Share Analysis

    Extruded Polypropylene (XPP) Foam Market Share: By Type

    Based on the type, the market is segmented as low-density XPP foam (40-200 Kg/M3) and high-density XPP foam (200-600 Kg/M3). The low-density type segment held the larger share of the market in 2018. The low-density XPP foam segment leads the market driven by the growing demand from protective packaging, automotive, and insulation applications. The automotive industry commands the consumption of low-density XPP foam. The use of low-density XPP foam in automotive applications aids in weight reduction of vehicles and impact protection.

    Extruded Polypropylene (XPP) Foam Market Share: By End-Use Industry Type

    Based on the end-use industry type, the market is segmented as automotive, packaging, building & construction, and others. The automotive segment accounted for the largest share of the XPP foam market in 2018, and is expected to continue its dominance during the forecast period as well. There is a high demand for XPP foam in automotive and packaging end-use industries. The automotive end-use industry governs the complete XPP foam market.

    Extruded Polypropylene (XPP) Foam Market Share: By Region

    In terms of regions, Asia-Pacific occupied a major chunk of the overall XPP foam market in 2018, and is estimated to maintain this trend during the forecast period. The dominance of the region is corroborated by the rapid economic growth and growth of packaging, automotive, building & construction, and other end-use industries in the region. Rapid industrialization blended with the enhanced standard of living also positively impacts the growth of the market in the region. Furthermore, the increasing disposable income in Asia-Pacific along with the high growth of the emerging economies makes it an attractive market for various end-use industries, and subsequently the XPP foam market. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.

    Extruded Polypropylene (XPP) Foam Market: Key Players

    Some of the major players in the extruded polypropylene (XPP) foam market are BASF SE, Braskem, DS Smith, Furukawa Electric Co., Ltd., JSP Corporation, Mitsui Chemicals, NMC SA, Pregis, and Toray Industries, Inc.

     

    Market Scope & segmentation

    Extruded Polypropylene (XPP) Foam is a kind of plastic form that is known for its environment-friendly nature. They are available in low-density XPP foam form as well as high-density XPP foam form.

    Though automotive is the main application area of the extruded polypropylene (XPP) foam, but there are also other areas where it is used such as packaging, building & construction, and others.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Extruded Polypropylene (XPP) Foam Market Report - Features

    Market Segmentation

    3

    Regions Covered

    4

    Countries/Sub-Regions Covered

    15

    No. of Figures & Tables

    >150

    Company Profiles

    10

              

    The extruded polypropylene (XPP) foam market is segmented into the following categories. 

    Extruded Polypropylene (XPP) Foam Market Size, Share, & Forecast, by Type:

    • Low-Density XPP Foam (40-200 Kg/M3) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • High-Density XPP Foam (200-600 Kg/M3) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Extruded Polypropylene (XPP) Foam Market Size, Share, & Forecast, by End-Use Industry Type:

    • Automotive (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Packaging (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Building & Construction (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Extruded Polypropylene (XPP) Foam Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

     

    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conduct more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

     

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the types by end-use industry type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]


    General Frequently Asked Questions (FAQs)

    What is Extruded Polypropylene (XPP) Foam?

    Extruded Polypropylene (XPP) Foam is a kind of plastic form that is known for its environment-friendly nature. They are available in low-density XPP foam form as well as high-density XPP foam form. Though automotive is the main application area of the extruded polypropylene (XPP) foam, but there are also other areas where it is used such as packaging, building & construction, and others.

    What will be the CAGR Extruded Polypropylene (XPP) Foam?

    Extruded Polypropylene (XPP) Foam Market is likely to witness an impressive CAGR of 8.2% during the forecast period. The mounting demand for XPP foam from the automotive end-use industry is expected to propel the growth of the global XPP foam market during the forecast period.

    Which country/region is expected to remain the largest Extruded Polypropylene (XPP) Foam?

    In terms of regions, Asia-Pacific occupied a major chunk of the overall XPP foam market in 2018 and is estimated to maintain this trend during the forecast period.

    Who are the key players in the Extruded Polypropylene (XPP) Foam?

    Some of the major players in the extruded polypropylene (XPP) foam market are BASF SE, Braskem, DS Smith, Furukawa Electric Co., Ltd., JSP Corporation, Mitsui Chemicals, NMC SA, Pregis, and Toray Industries, Inc.

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