According to a market report by Lucintel, the future of the expanded polypropylene (EPP) foam market looks promising with opportunities in the automotive, packaging, consumer product, and other industries. The expanded polypropylene (EPP) foam market is expected to grow with a CAGR of 11% from 2019 to 2024. The major growth drivers for this market are increasing penetration of EPP foam in the automobile application for weight reduction and the packaging application as EPP foam offers light weight and shock absorption properties.
In this market, low density, high density, and porous PP foam are the major grades of expanded polypropylene foam. Low density expanded polypropylene foam is the largest segment in the expanded polypropylene foam market.
Within the EPP foam market, automotive, packaging, and consumer products are the major end use industries. Automotive is the largest segment for EPP foam.
Asia-Pacific will remain the largest market over the forecast period due to increased in automotive production and growth in construction industry.
JSP Corporation, BASF SE, Hanwha Corporation, Kaneka Corporation, Furukuwa Electric Co., Ltd., DS Smith Plc, The Woodbridge Group, SSW Pearl Foam GmbH, Sonoco Products Company, and Dongshin Industry Inc. are among the major manufacturers of EPP foam.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the expanded polypropylene (EPP) foam market by end use, grade type, and region. Lucintel has prepared a comprehensive research report entitled " Expanded Polypropylene (EPP) Foam Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategies, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the expanded polypropylene (EPP) foam market by grade type, end use, and region as follows:
By Grade Type [$M shipment analysis for 2013 – 2024]:
• Low Density
• High Density
• Porous PP
By End Use Industry [$M shipment analysis for 2013 – 2024]:
• Automotive
• Packaging
• Consumer Products
• Others
By Region [$M shipment analysis for 2013 – 2024]:
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o France
o U.K.
o Italy
o Spain
o Russia
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o Indonesia
o Rest of Asia Pacific
• ROW
o Brazil
o Argentina
o Saudi Arabia
o Others
More than 150 page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link …[email protected].
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

This report answers the following 11 key questions:
Q.1.What are some of the most promising potential, high growth opportunities for the Expanded Polypropylene (EPP) foam market by grade type (low density, high density, and porous pp), end use (automotive, packaging, consumer products, and others), and region (North America, Europe, Asia Pacific, Middle East & Africa, and South America)?
Q.2.Which segments will grow at a faster pace and why?
Q.3.Which regions will grow at a faster pace and why?
Q.4.What are the key factors affecting market dynamics? What are the drivers and challenges of the expanded polypropylene (EPP) foam market?
Q.5.What are the business risks and threats to the expanded polypropylene (EPP) foam market?
Q.6.What are emerging trends in the expanded polypropylene (EPP) foam market and the reasons behind them?
Q.7.What are some changing demands of customers in the expanded polypropylene (EPP) foam market?
Q.8.What are the new developments in the expanded polypropylene (EPP) foam market? Which companies are leading these developments?
Q.9.Who are the major players in the expanded polypropylene (EPP) foam market? What strategic initiatives are being implemented by key players for business growth?
Q.10.What are some of the competitive products and processes in the expanded polypropylene (EPP) foam market, and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11.What M & A activities have taken place in the last five years in the expanded polypropylene (EPP) foam market?