Market Size of Extruded Polypropylene (XPP) Foam Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | > 6.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Extruded Polypropylene Foam Market Analysis
The market for extruded polypropylene foam is expected to grow at a CAGR of more than 6% during the forecast period. One of the major factors driving the market studied is the increasing demand for superior foams from the automotive and construction industry. The high cost of extruded polypropylene foam is expected to hinder the growth of the market studied.
- The construction industry dominated the market and is expected to grow during the forecast period.
- Growing applications in various end-use industries are likely to act as an opportunity in the future.
- Asia-Pacific dominated the market across the globe with the largest consumption from countries such as China, India, and ASEAN countries.
