The market research report on the Extruded Polypropylene Foam Market aims to help the users discover detailed information regarding trends in the market. The report also throws light on the overview of the thorough analysis of the correlated key players active in the market, covering their competitive landscape, supply chain analysis, and latest developments like investments, expansion, technological growth, etc.
Market Forecast:
The extruded polypropylene foam market was estimated at USD 681.5 million in 2021 and is likely to grow at a CAGR of 7.68% during 2022-2028 to reach USD 1151.78 million in 2028.
The mounting demand for extruded polypropylene foam from the automotive end-use industry is expected to propel the growth of the global market during the forecast period.
What is extruded polypropylene foam?
Extruded polypropylene foam is a kind of plastic form that is known for its environment-friendly nature. They are available in low-density extruded polypropylene foam form as well as high-density extruded polypropylene foam form.
Though automotive is the main application area of extruded polypropylene foam, there are also other areas where it is used such as packaging, building construction, and others.
Here are the key-players mentioned in the report –
- BASF SE
- Braskem
- DS Smith
- Furukawa Electric Co., Ltd.
- JSP Corporation
- Mitsui Chemicals
- NMC SA
- Pregis
- Toray Industries, Inc.
COVID-19 IMPACT
The coronavirus pandemic affected almost all the sectors of the economy in 2020. Many businesses across the globe saw their supply chains interrupted, demand for their products and services decline, scarcities in supplies and inputs, etc.
While the majority of organisations had to face losses due to the pandemic, there are a few that have remained stable during this period and are projected to expand gradually in the future. The study on the Extruded Polypropylene Foam Market by Stratview Research provides a sneak peek into its business success in 2020 to upcoming 5 years.
Sneak peek into the Report:
This report focuses on the various types, segments, and growth in the Extruded Polypropylene Foam Market. It offers valuable insights into business dynamics and allows current and potential market participants to make strategic decisions.
The report also benchmarks the major parameters like -
- Industry Outlook
• Market Segmentation Value Chain Analysis
• Industry Dynamics
• Drivers
• Restraints
• Growth Opportunities
• Regional Outlook
• Country-level Analysis
• Competitive Landscape
• Company Market Share Analysis
• Key Company Profiles/ Market Players
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Stratview Research
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Know more about Stratview Research:
Stratview Research is a global market research company and is known to provide custom research reports in varied fields such as aerospace Defense, Advanced Materials, Aerospace Defense, Automotive Mass Transportation, Consumer Goods, Construction Equipment, Electronics and Semiconductors, Energy Utility, Healthcare Life Sciences, and Oil Gas, etc. The veteran market experts and research team makes sure to have deep research about the topics so that the most useful insights can be delivered to the professionals.
